BackgroundOver 70 000 donor‐conceived (DC) people have been born in the UK since 1991. Little is known about their long‐term psychological outcomes and no systematic review has assessed these.ObjectivesTo conduct a systematic review of the psychological experiences of DC people through childhood and adulthood (Prospero: CRD42021257863).Search strategySearches of Cumulative Index to Nursing and Allied Health Literature (CINHAL), the Excerpta Medica database (Embase), MEDLINE® and PsycINFO, conducted on 4 January 2024.Selection criteriaQuantitative and qualitative studies were included if: there were five or more participants; they were peer reviewed; and any DC psychological outcomes were assessed. No limits on date, language or country were applied.Data collection and analysisDouble screening, selection, data extraction and quality assessment were performed, using Joanna Briggs Institute (JBI) scoring.Main resultsFifty studies (with 4666 DC participants), mostly from high‐income anglophone countries, with heterogeneity of design, populations and outcome measures, were included. Of 19 comparative studies, 14 found no difference in outcomes between DC and non‐DC people, ten found better outcomes (in health, well‐being, self‐esteem and emotional warmth) and six found worse outcomes (increased autism spectrum disorder and attention deficit hyperactivity disorder, addiction issues, mental illness, disruptive behaviour and identity problems). Qualitative data revealed common themes relating to identity formation, mistrust and concerns regarding genetic heritage. The evidence regarding adulthood outcomes was very limited.ConclusionsThe research on DC individuals presents a nuanced picture, with most studies suggesting comparable or improved outcomes in terms of well‐being and relationships, but with a notable minority indicating higher rates of mental health and identity struggles. Qualitative findings underscore common negative experiences, whereas the early disclosure of DC status appears beneficial for psychological well‐being.