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International Business Times UK
International Business Times UK
World
Bernadette B. Tixon

UN Report Links Surrogacy to Exploitation as Global Industry Poised to Hit $99.75bn

Global surrogacy boom meets political backlash: Market set to soar to nearly $100bn by 2033, even as nations push for an international ban on the practice. (Credit: prostooleh/Magnific)

A United Nations report has condemned surrogacy as a practice that 'reduces women and children including girls to mere commodities', as the global industry is projected to grow more than sixfold over the next decade.

The findings come as the worldwide surrogacy industry is on course to grow from $14.95bn (£11.7bn) in 2023 to $99.75bn (£78.4bn) by 2033, an annual growth rate of nearly 21 per cent over the decade.

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