A new report from the American Principles Project reveals significant growth in the transgender surgery industry, estimating revenues to surpass $4.4 billion in 2023 and potentially reach $7.8 billion by 2030. The report raises concerns about the financial incentives driving this growth and the associated health risks, including potential side effects like cancer and mental health issues.
American Principles Project President Terry Schilling emphasized concerns over the industry’s impact on children and highlighted the financial motivations behind the widespread attention and support in cultural arenas. The report points out substantial revenues generated by transgender surgery providers and pharmaceutical companies, prompting calls for government intervention to address potential health risks and financial motivations.
The report also notes a growing number of detransitioners and potential future lawsuits that could impact the industry. Fox News reached out to key stakeholders mentioned in the report for comment but has not received responses.