Global Medical Crowdfunding Market Growth (Status and Outlook) 2025-2031

Global Medical Crowdfunding Market Growth (Status and Outlook) 2025-2031

The global Medical Crowdfunding market size is predicted to grow from US$ 6338 million in 2025 to US$ 14240 million in 2031; it is expected to grow at a CAGR of 14.5% from 2025 to 2031.

Medical crowdfunding is a medical fundraising activity initiated by the sponsor on the corresponding platform. It is a kind of fundraising from the crowd to support the medical expenses of individuals or organizations.

The largest player in the global Medical Crowdfunding market is GoFundMe, holds about 45% market share. Asia-Pacific is the largest region of medical crowdfunding occupied about 45% shares. therapeutic crowdfunding is the most widely used type with about 85% and medical crowdfunding for audlts holds a share about 60%.

Medical Crowdfunding Market Drivers

Rising Healthcare Costs: The cost of healthcare has been steadily increasing, outpacing inflation and household income growth. For many individuals, especially those with chronic illnesses or rare diseases, medical treatments and procedures can be prohibitively expensive. Crowdfunding platforms provide a way for patients to raise funds for medical expenses that are not covered by insurance.

Limited Insurance Coverage: Insurance policies often have gaps in coverage, with high deductibles, coinsurance, and excluded treatments. Additionally, some individuals may lack access to comprehensive health insurance altogether. Medical crowdfunding fills these gaps by enabling patients to seek financial assistance from a broader community.

Digital Connectivity: The proliferation of the internet and social media has made it easier for individuals to share their stories and connect with potential donors. The accessibility of online crowdfunding platforms has significantly lowered the barriers to entry for those seeking to raise funds for medical expenses.

Emotional Engagement: Medical crowdfunding campaigns often evoke strong emotional responses from potential donors, as they typically involve personal stories of illness, hardship, and the struggle to afford necessary care. This emotional engagement can lead to higher donation rates and greater campaign success.

LPI (LP Information)' newest research report, the “Medical Crowdfunding Industry Forecast” looks at past sales and reviews total world Medical Crowdfunding sales in 2024, providing a comprehensive analysis by region and market sector of projected Medical Crowdfunding sales for 2025 through 2031. With Medical Crowdfunding sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Crowdfunding industry.

This Insight Report provides a comprehensive analysis of the global Medical Crowdfunding landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Medical Crowdfunding portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Medical Crowdfunding market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Crowdfunding and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Crowdfunding.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Crowdfunding market by product type, application, key players and key regions and countries.

Segmentation by Type:
Therapeutic Crowdfunding
Transplant Crowdfunding
Cancer Crowdfunding

Segmentation by Application:
Children
Adults
Elders

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GoFundMe
Ketto
ImpactGuru
FundRazr
mycause
CrowdHealth
Milaap
JustGiving
Honeyfund
WATERDROP

Please note: The report will take approximately 2 business days to prepare and deliver.