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New APP Report Details Scope of $4B Transgender Medical Industry

July 2, 2024

WASHINGTON — Today, American Principles Project (APP) released a new report, “The Gender Industrial Complex,” featuring new research into the full size and scope of the transgender medical industry.

The report includes data collected by Grand View Research in a project commissioned by APP which breaks down the estimated $4.4 billion market for transgender hormones and surgeries. It also includes analyses of the costs of various drugs and procedures as well as the pharmaceutical companies and medical providers that have the greatest financial investments in these areas.

You can read an executive summary of the report, including key data and findings, here.

APP President Terry Schilling released the following statement explaining the report’s importance:

“Over the last decade, the provision of transgender drugs and surgeries has exploded into a multi-billion-dollar industry. Tens of thousands have become avid customers, and the market base continues to grow.

“However, this is no feel-good, commercial success story. What this industry is really selling is unfathomably harmful. Nationwide, individuals struggling with mental health issues are being encouraged down a pathway that leads to the destruction of their bodies, including chemical sterilization and physical mutilation. Meanwhile, the medical professionals engaging in this barbarity continue to cash in.

“It is vitally important that the American people see the reality of what is happening: the damage being done by these practices as well as the financial incentives which keep the industry going despite the consequences. And policymakers must recognize that we cannot afford to stand idle while the victims of this industry pile up. Although it is possible that growing liability will one day put an end to this malpractice, we should not wait for that to happen. Government action is necessary, and it cannot come a moment too soon.”

You can download “The Gender Industrial Complex” in its entirety here.

To schedule an engagement with American Principles Project, contact Paul Dupont at (o) 202-503-2010 or paul@americanprinciplesproject.org.


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