Voluntary Health Organizations Global Market Sees Growth Rate Of 9% Through 2022

The global voluntary health organizations market size is expected to grow from $37.40 billion in 2021 to $40.65 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The growth in the market 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 voluntary health organizations market is expected to reach $54.33 billion in 2026 at a CAGR of 7.5%.

What is the Global Voluntary Health Organizations Market?

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.

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What drives the Global Voluntary Health Organizations Market?

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 2020 exceeded $7 billion. The public sector, including government, inter-governmental, inter-organizational partners, and Global Program Partnerships contributed the largest share, $5.45 billion to UNICEF in 2020. Therefore, a growing number of voluntary contributions from the general public are predicted to fuel the demand for the voluntary health organizations market.

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Global Voluntary Health Organizations Market Segments
The global voluntary health organizations market is segmented:
By Mode of Donation: Online Donation, Offline Donation
By Organization Type: Multilateral Organizations, Bilateral Single Government Agency, Non-Governmental
By Organization Location: Domestic, International
By Geography: The regions covered in the voluntary health organizations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Voluntary Health Organizations Global Market Report 2022provides market size and growth forecasts for the global voluntary health organizations market, global voluntary health organizations market share, voluntary health organizations market segments and geographies, voluntary health organizations market competitive landscape including 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.

Global Voluntary Health Organizations Industry Playersinclude Mercy Ships, American Heart Association, Angelwood, Valley Aids Council, March of Dimes, Amyotrophic Lateral Sclerosis Association, American Lung Association, Muscular Dystrophy Association, Center Industries, AccessCNY, American College Of Cardiology Foundation, American Diabetes Association, Arizona Partnership For Immunization, Arc Of Nepa, Acadiana Concern For Aids Relief, Mains'l California, Maui Family YMCA, Parkview Huntington Family and Young Men's Christian Association. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.