Press release
Voluntary Health Organizations Market Size, Share, Trends, Growth And Forecast 2024-2033 | Major Players: Mercy Ships, American Heart Association, Angelwood Inc., Valley Aids Council, March of Dimes
The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033The Business Research Company presents an extensive market research report on the ""Voluntary Health Organizations Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the voluntary health organizations industry. This report on voluntary health organizations market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The voluntary health organizations market size has grown strongly in recent years. It will grow from $43.73 billion in 2023 to $46.25 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. 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 $57.13 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%.
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Key Market Players:
Mercy Ships, American Heart Association, Angelwood Inc., Valley Aids Council, March of Dimes are prominent players in the voluntary health organizations industry.
Market Drivers:
According to the Voluntary Health Organizations Market Report 2024 by The Business Research Company, 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.
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Market segments for voluntary health organizations include:
1) By Mode Of Donation: Online Donation, Offline Donation
2) By Organization Type: Multilateral Organizations, Bilateral Single Government Agency, Non-governmental
3) By Organization Location: Domestic, International
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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