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Navigating the Future: Voluntary Health Organizations Market Trends and Forecast Insights, 2025 Edition
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Voluntary Health Organizations Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size of voluntary health organizations has witnessed robust growth. The market is projected to further expand from $46.12 billion in 2024 to $49.09 billion in 2025, registering a compound annual growth rate (CAGR) of 6.4%. The growth during the past years can be associated with increased public health awareness, fundraising and donations, disease-specific initiatives, as well as research and advocacy.
How Will the Voluntary Health Organizations Market Size Evolve and Grow by 2029?
Expectations are high for the voluntary health organizations market as it is anticipated to witness robust growth in the coming years. The market is predicted to expand to $61.27 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 5.7%. The predicted growth during the forecast period can be attributed to factors such as preparedness and response to pandemics, engagement through digital platforms, an aging population, telemedicine, and advancements in digital health. The forecast period is set to be marked by major trends such as increasing digital engagement, the rise of telehealth and remote support, a stronger focus on mental health, and an increase in collaborations and partnerships.
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What Drivers Are Propelling the Growth of Voluntary Health Organizations Market Forward?
The voluntary health organizations market is anticipated to be propelled by a rise in voluntary contributions. The primary income source for these organizations comes from public voluntary contributions, which are allocated for health-related, welfare, or community services. For example, UNICEF experienced an increase in total income from $8,122 million in 2021 to $9,326 million in 2022. Hence, an upward trend in public voluntary contributions is expected to stimulate the growth of the market for voluntary health organizations.
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Which Emerging Trends Are Transforming the Voluntary Health Organizations Market in 2025?
Major businesses in the voluntary health organizations market are pooling their resources to launch online platforms, with the aim of promoting volunteer work in healthcare and securing a competitive advantage in the industry. Digital platforms are being utilized to connect volunteers with healthcare entities and individuals who require assistance. This enables volunteers to complete tasks from far-flung areas using the internet whether at home, in the office, or public spaces. For example, Sigma Xi, a nonprofit honor society based in the US, inaugurated the Interactive Volunteer Platform in January 2023. This fresh online platform is designed to foster volunteer work in the realm of healthcare. It provides members and volunteers with the opportunity to engage and partake in society activities, mentoring, and chapter events. The inception of this new gateway is courtesy of a collaboration with Galaxy Digital, a US-based software firm that assists nonprofits with the tracking and management of volunteering opportunities and community influence. This new platform will further aid Sigma Xi members discover volunteering activities in the sphere of health and wellness, such as rendering services in hospitals, clinics, and other healthcare centers.
What Are the Key Segments in the Voluntary Health Organizations Market?
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 Organization Location: Domestic, International
Subsegments:
1) By Online Donation: Website Donations, Mobile App Donations, Crowdfunding Campaigns, Social Media Fundraising, Subscription-Based Donations
2) By Offline Donation: In-Person Donations (At Events, Charity Drives), Mail-in Donations (Checks, Cash), Corporate Sponsorships And Partnerships, Fundraising Through Tele marketing, Donations Through Retail Partners (Point-Of-Sale Donations)
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Who Are the Key Players Shaping the Voluntary Health Organizations Market's Competitive Landscape?
Major companies operating in the voluntary health organizations market include 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
What Geographic Markets Are Powering Growth in the Voluntary Health Organizations Market?
Asia-Pacific was the largest region in the voluntary health organizations market in 2023. North America 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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