Global Voluntary Health Organizations Market Trends And Strategies Of Major Players In The Voluntary Health Organizations Market 2021-2030
25 Aug, 2021
The voluntary health organizations market consists of sales of voluntary health services by entities (organizations, sole traders and partnerships) that are engaged in raising funds for health-related research such as disease prevention (heart disease, cancer, diabetes, and others), health education, and patient services. Only goods and services traded between entities or sold to end consumers are included.
Global Voluntary Health Organizations Market Size And Drivers:
The global voluntary health organizations market is expected to grow from $46.28 billion in 2020 to $47.61 billion in 2021 at a compound annual growth rate (CAGR) of 2.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $63.5 billion in 2025 at a CAGR of 7.5%. Increased voluntary contributions are expected to drive the demand for the voluntary health organizations market.
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Trends In The Global Voluntary Health Organizations Market
Introduction to online fundraising is gaining popularity in the voluntary health organizations market. Major players operating in the industry are highly focused on introducing digital philanthropy which is widely favorable among donors (and the non-profits they support). For instance, non-profits have reported a 77% increase in online revenue over the past 5 years with email messaging driving 13% of online giving.
Global Voluntary Health Organizations Market Segments:
The global voluntary health organizations market is further segmented based on mode of donation, organization type and geography.
By Mode Of Donation: Online Donation, Offline Donation
By Organization Type: Multilateral Organizations, Bilateral Single Government Agency, Non-Governmental
By Geography: The global voluntary health organizations market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Voluntary Health Organizations Market At:https://www.thebusinessresearchcompany.com/report/voluntary-health-organizations-global-market-report-2020-30-covid-19-growth-and-change
Voluntary Health Organizations Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides voluntary health organizations market overviews, analyzes and forecasts market size and growth for the global voluntary health organizations market, voluntary health organizations market share, voluntary health organizations market players, voluntary health organizations market segments and geographies, voluntary health organizations market’s leading competitors’ revenues, profiles and market shares. The voluntary health organizations market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.