CV NEWS FEED // A newly released report details the alleged financial motives behind the medical industry’s recent push for more “transgender” procedures, especially on children.
The over-80-page comprehensive report from the American Principles Project (APP) is titled “The Gender Industrial Complex.”
“According to some estimates, there are now over 1.6 million Americans who identify as transgender,” the APP wrote on its webpage highlighting the report.
The organization also noted that “demand for transition-related procedures—puberty-blocking drugs, cross-sex hormones, and surgeries—has increased significantly in recent years.”
The report found that “[t]otal revenues for transgender drugs and surgeries in 2023 were estimated to surpass $4.4 billion. And by 2030, the market is expected to grow beyond $7.8 billion.”
“A number of transgender surgery providers were each estimated to bring in over $100 million in revenue in 2022 from these practices,” the APP added. “Pharmaceutical companies are profiting as much as $74 million each annually from those products.”
While the controversial treatments and procedures are extremely profitable for the “trans” industry, they are extremely costly for those who seek to “transition.”
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APP continued:
While the total cost of transitioning varies widely by individual, lifelong use of cross-sex hormones could cost up to $300,000 or more per person, while a full surgical transition could cost upwards of $150,000 per individual.
In addition to the extreme financial costs of “transgender” procedures, APP noted that “the potential health consequences of undergoing transition are numerous.”
Per APP’s research, these risks “rang[e] from increased risk of cancer, nerve damage, chronic pain, sexual dysfunction, mental health issues, the need for additional surgeries, and more.”
In its report, the organization cited the cases of a number of “detranisitoners” – individuals who underwent “transgender” procedures, only to later regret and seek to reverse them.
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Notable outspoken detransitioners profiled in the APP’s report include Chloe Cole, Kayla Lovdahl, Prisha Mosley, Soren Aldaco, Luka Hein, and Richard Anumene.
The APP’s report quoted Anumene, who stated that he had wanted to “transition” at a young age due to being a victim of rampant sexual abuse in his family.
“My disgust with myself is a result of my sexual abuse that I endured as a child at the hand of my now deceased older brother, who committed suicide in 2018,” Anumene explained, “really was the cause of my disassociation of self, my dislike of myself, my dislike of my genitalia . . . my not wanting to grow up into a man.”
“I didn’t want to become like my brother. I didn’t want to become like my dad,” he added.
As CatholicVote reported last year, Cole, Mosley, and Aldaco all filed lawsuits against the doctors who subjected them to so-called “gender-affirming care” as minors. In May, a judge allowed Mosley’s lawsuit to proceed.
APP President Terry Schilling announced the report’s release on X (formerly Twitter) on Tuesday, writing that the research “uncover[s] the financial incentives of the trans industry.”
Schilling told FOX News that the APP “has been concerned about the entire transgender agenda as it pertains to children for quite some time now.”
He continued:
We know that there are obvious physical and psychological consequences to it, but we wanted to figure out why the industry was growing so much, why such a small population was getting so much attention and media … and we figured out very quickly that there’s a lot of money here.
Readers can download the APP’s full report here.
