The surrogacy market is growing fast and is expected to reach $49.24 billion by 2034! This growth, at a rate of 10.92% annually, is driven by advancements in medical technology, changing family structures, and increasing social acceptance.
Surrogacy helps people who cannot have children naturally. In this process, a surrogate mother carries and delivers a baby for someone else. There are two types: traditional surrogacy, where the surrogate uses her own eggs, and gestational surrogacy, where the embryo is created using IVF. Gestational surrogacy is more common today.
Countries like the U.S., India, and Ukraine are leading in surrogacy services. While surrogacy in the U.S. can cost over $100,000, it is more affordable in India and Ukraine, attracting many international clients.
However, surrogacy also faces challenges. Ethical concerns, like the exploitation of women in poorer countries, and legal issues, especially in international cases, are major hurdles. Despite this, the market is expanding, with opportunities in technology, ethical practices, and specialized services.
As more people turn to surrogacy to build families, the industry must balance growth with fairness and care for everyone involved.
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