The medical crowdfunding services market size is expected to see rapid growth in the next few years. It will grow to $7.94 billion in 2029 at a compound annual growth rate (CAGR) of 16%. The anticipated growth in the forecast period can be attributed to a rising focus on health and safety, increased awareness of the importance of medical care, supportive government initiatives, improved access to digital platforms, and greater recognition of crowdfunding as a viable funding option. Key trends expected during this period include the use of artificial intelligence (AI) and automation, the adoption of blockchain technology and smart contracts, the rise of micro-donations and subscription-based giving, the shift toward mobile-first and app-based interfaces, and deeper integration with social media platforms.
The increasing use of social media is expected to significantly boost the growth of the medical crowdfunding services market. Social media platforms allow users to create, share, and interact with content while building virtual communities. The growing accessibility of smartphones and the internet has contributed to a rise in social media usage, making it easier for people to stay connected and engaged at all times. This trend supports medical crowdfunding by enabling campaigns to reach broader audiences quickly, increasing the likelihood of receiving donations. For example, a report published in January 2022 by We Are Social, a UK-based creative agency, noted a 5.6% increase in global social media users in 2023, with 266 million new accounts created. As a result, the rise of social media is playing a key role in the expansion of the medical crowdfunding services market.
Companies in the medical crowdfunding sector are increasingly adopting advanced technologies such as AI-powered solutions to enhance the effectiveness and personalization of their platforms. These AI-driven tools utilize machine learning algorithms to automate processes, improve donor targeting, optimize fund distribution, and enhance the overall user experience. In August 2023, Blackbaud Inc., a U.S.-based cloud software provider, introduced a generative AI feature for its JustGiving platform. This new capability enables fundraisers to quickly create and share personalized narratives, helping individuals raise funds for a variety of medical needs, such as emergency treatments, long-term care, and rare disease research. The platform also supports fundraising for specialized therapies and family assistance during health-related crises.
In May 2022, Alira Health, a U.S.-based healthcare advisory and technology firm, acquired RedCrow for an undisclosed amount. This acquisition aims to broaden Alira Health’s offerings by integrating patient engagement and alternative investment options into the early stages of healthcare funding. RedCrow, based in Switzerland, is an equity crowdfunding platform that specializes in vetted healthcare investment opportunities.
Major players in the medical crowdfunding services market are Fundly Inc., MedGift LLC, GoFundMe Inc., Givedo, Impact Guru Technology Ventures Pvt. Ltd., MedStartr Inc., GoGetFunding Ltd., CrowdMed, Milaap Social Ventures India Pvt. Ltd., HealthFundr Inc., Fueladream, Help Hope Live Inc., WhyDonate Foundation, GiveForward Inc., Chuffed.org Pty. Ltd., Ketto Online Ventures Pvt. Ltd., Watsi Inc., FundRazr, YouCaring, and Filaantro Foundation.
North America was the largest region in the medical crowdfunding services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in medical crowdfunding services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the medical crowdfunding services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.
Medical crowdfunding services are organized platforms that enable individuals or groups to raise financial support for healthcare-related expenses by collecting contributions from a wide audience. These services offer a structured approach to launching and managing fundraising campaigns, ensuring secure transaction processing and transparent allocation of funds.
The primary categories of medical crowdfunding services include donation-based crowdfunding, reward-based crowdfunding, equity crowdfunding, and debt crowdfunding. Reward-based crowdfunding involves contributors receiving a token of appreciation such as a product, gift, or experience in exchange for their support. Various platforms support these services, including specialized medical crowdfunding websites, general crowdfunding sites, social media channels, mobile apps, and platforms integrated with hospitals or charitable organizations. These services are used for a range of purposes, such as emergency medical care, long-term treatment expenses, organ transplant procedures, and funding for medical research. They serve different types of users, including individuals, nonprofit organizations, hospitals, research institutions, and others.
The medical crowdfunding services market research report is one of a series of new reports that provides medical crowdfunding services market statistics, including medical crowdfunding services industry global market size, regional shares, competitors with a medical crowdfunding services market share, medical crowdfunding services market segments, market trends and opportunities, and any further data you may need to thrive in the medical crowdfunding services industry. This medical crowdfunding services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The medical crowdfunding services market includes revenues earned by entities by providing services such as hosting fundraising campaigns, offering payment processing solutions, facilitating donor communication and campaign promotion, and enabling secure transaction handling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
Medical Crowdfunding Services Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on medical crowdfunding services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for medical crowdfunding services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The medical crowdfunding services market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:
1) By Type: Reward-Based Crowdfunding; Donation-Based Crowdfunding; Equity Crowdfunding; Debt Crowdfunding2) By Platform Type: Dedicated Medical Crowdfunding Websites; General Crowdfunding Platforms; Social Media Platforms; Mobile Applications; Hospital and Charity Integrated Platforms
3) By Application: Emergency Medical Expenses; Long-Term Treatment Costs; Transplant Surgeries; Medical Research Funding
4) By End-User: Individuals; Non-Profit Organizations; Hospitals; Research Institutions; Other End-Users
Subsegments:
1) By Reward-Based Crowdfunding: Medical Product Development Campaigns; Health Tech Innovation Support; Clinical Device Prototyping Projects2) By Donation-Based Crowdfunding: Individual Medical Expense Support; Community Health Fundraisers; Disaster Relief and Emergency Medical Aid
3) By Equity Crowdfunding: Biotech Startup Funding; Medical Research and Development Equity Campaigns; Digital Health Platform Investment Rounds
4) By Debt Crowdfunding: Medical Practice Expansion Loans; Healthcare Equipment Financing; Patient Loan-Based Crowdfunding Campaigns
Companies Mentioned: Fundly Inc.; MedGift LLC; GoFundMe Inc.; Givedo; Impact Guru Technology Ventures Pvt. Ltd.; MedStartr Inc.; GoGetFunding Ltd.; CrowdMed; Milaap Social Ventures India Pvt. Ltd.; HealthFundr Inc.; Fueladream; Help Hope Live Inc.; WhyDonate Foundation; GiveForward Inc.; Chuffed.org Pty. Ltd.; Ketto Online Ventures Pvt. Ltd.; Watsi Inc.; FundRazr; YouCaring; Filaantro Foundation.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The companies featured in this Medical Crowdfunding Services market report include:- Fundly Inc.
- MedGift LLC
- GoFundMe Inc.
- Givedo
- Impact Guru Technology Ventures Pvt. Ltd.
- MedStartr Inc.
- GoGetFunding Ltd.
- CrowdMed
- Milaap Social Ventures India Pvt. Ltd.
- HealthFundr Inc.
- Fueladream
- Help Hope Live Inc.
- WhyDonate Foundation
- GiveForward Inc.
- Chuffed.org Pty. Ltd.
- Ketto Online Ventures Pvt. Ltd.
- Watsi Inc.
- FundRazr
- YouCaring
- Filaantro Foundation.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | October 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 4.38 Billion |
Forecasted Market Value ( USD | $ 7.94 Billion |
Compound Annual Growth Rate | 16.0% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |