Overview and Scope
Voluntary health organizations are engaged in raising funds for health-related research such as disease prevention (heart disease, cancer, diabetes, and others), health education, and patient services. Voluntary health agencies are non-profit organizations with the aim of combating a specific disease, disability, or set of diseases and disabilities or improving and protecting the health of a certain group of people.
Sizing and Forecast
The voluntary health organizations market size has grown strongly in recent years. It will grow from <b>$43.73 billion in 2023 to $46.25 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. </b> The growth in the historic period can be attributed to public health awareness, fundraising and donations, disease-specific focus, research and advocacy.
The voluntary health organizations market size is expected to see strong growth in the next few years. It will grow to <b>$57.13 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. </b> The growth in the forecast period can be attributed to pandemic preparedness and response, digital engagement, aging population, telemedicine and digital health. Major trends in the forecast period include digital engagement, telehealth and remote support, mental health focus, collaboration and partnerships.
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Segmentation & Regional Insights
The voluntary health organizations market covered in this report is segmented –
1) By Mode Of Donation: Online Donation, Offline Donation
2) By Organization Type: Multilateral Organizations, Bilateral Single Government Agency, Non-governmental
3) By Organisation Location: Domestic, International
<b>Asia-Pacific</b> was the largest region in the voluntary health organizations market in 2023. <b>North America</b> was the second largest region in the voluntary health organizations market analysis. The regions covered in the voluntary health organizations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increased voluntary contributions are expected to drive the demand for the voluntary health organizations market. Voluntary health organizations generate their revenue primarily from voluntary contributions from the general public, which are to be used for general or specific purposes that are connected with health, welfare, or community services. For instance, the total voluntary contributions to UNICEF in 2021 increased to $8,122 million from $7,219 million in 2020. In 2022, UNICEF’s total income increased to $9,326 million from $8,122 million in 2021. Therefore, a growing number of voluntary contributions from the general public are predicted to fuel the demand for the voluntary health organizations market growth.
Key Industry Players
Major companies operating in the voluntary health organizations market include <b>Mercy Ships, American Heart Association, Angelwood Inc., Valley Aids Council, March of Dimes, Amyotrophic Lateral Sclerosis Association, American Lung Association, Muscular Dystrophy Association, Center Industries Corporation, AccessCNY, American College of Cardiology, American Diabetes Association, Arizona Partnership For Immunization, Arc of NEPA, Acadiana Concern For Aids Relief, Mains’l California, Maui Family YMCA, Parkview Huntington Family Young Men’s Christian Association, American Cancer Society, Alzheimer’s Association, American Red Cross, American Kidney Fund, American Liver Foundation, American Parkinson Disease Association, Arthritis Foundation, Autism Speaks Inc., Cystic Fibrosis Foundation, Epilepsy Foundation, Leukemia and Lymphoma Society, Lupus Foundation of America, National Multiple Sclerosis Society, National Psoriasis Foundation, National Stroke Association, Susan G. Komen for the Cure, Michael J. Fox Foundation for Parkinson’s Research</b>
The voluntary health organizations market report table of contents includes:
1. Executive Summary
2. Voluntary Health Organizations Market Characteristics
3. Voluntary Health Organizations Market Trends And Strategies
4. Voluntary Health Organizations Market – Macro Economic Scenario
5. Global Voluntary Health Organizations Market Size and Growth
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31. Global Voluntary Health Organizations Market Competitive Benchmarking
32. Global Voluntary Health Organizations Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Voluntary Health Organizations Market
34. Voluntary Health Organizations Market Future Outlook and Potential Analysis
35. Appendix
Top Major Players:
Mercy Ships
American Heart Association
Angelwood Inc
Valley Aids Council
March of Dimes
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