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Global Medical Crowdfunding Market is estimated to be valued at USD 6.92 Bn in 2025 and is expected to reach USD 16.69 Bn by 2032, growing at a compound annual growth rate (CAGR) of 13.4% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 6.92 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
13.40%
2032 Value Projection:
USD 16.69 Bn
Figure. Medical Crowdfunding Market Share (%), By Region 2025
Medical crowdfunding refers to the practice of funding a medical treatment or procedure through an online platform which pools small individual amounts from a large number of contributors or supporters. It has emerged as an important avenue to secure funds for medical needs for a large section of the population who lack adequate health insurance coverage or have out-of-pocket medical costs. Crowdfunding campaigns are increasingly being used by patients to raise money for costly surgeries, chronic illnesses, cancer treatment, organ transplants and other medical procedures. The popularity of medical crowdfunding can be attributed to the rise of crowdfunding platforms which have simplified the process of fundraising while also allowing connections with a large number of potential donors through social networking sites. The ability to leverage technology for securing community support has revolutionized healthcare financing.
Market Dynamics
Global medical crowdfunding market growth is driven by rising healthcare costs worldwide, growing prevalence of chronic and life-threatening diseases, and increasing gaps in health insurance coverage. However, low success rates of campaigns and ethical concerns regarding selective funding can hamper the market growth. Significant opportunities lie in expanding platform features to improve funding rates, tapping into new potential donor segments, and integrating with medical billing/payment systems. Geographical expansion into developing markets also presents an opportunity. Platform collaboration with healthcare providers, social groups, and insurance providers can help address some of the challenges while fostering shared responsibility in community healthcare.
Key features of the study
This report provides in-depth analysis of the global medical crowdfunding market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical crowdfunding market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include GoFundMe, Impact Guru, Kickstarter, Indiegogo, Fundly, YouCaring, GiveForward, FundRazr, Ketto, Milaap, Classy, Crowdfunder, Crowdcube, MedGift, and Plumfund
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global medical crowdfunding market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical crowdfunding market
Market Segmentation
Type of Crowdfunding Insights (Revenue, USD Bn, 2020 - 2032)
Donation-Based Crowdfunding
Reward-Based Crowdfunding
Equity-Based Crowdfunding
Debt-Based Crowdfunding
Application Insights (Revenue, USD Bn, 2020 - 2032)
Medical Expenses
Research Funding
Health Initiatives
Medical Equipment Purchase
Indication Insights (Revenue, USD Bn, 2020 - 2032)
Cancer
Neurological Disorders
Cardiovascular Diseases
Trauma
Others
End User Insights (Revenue, USD Bn, 2020 - 2032)
Patients
Non-Profit Organizations
Healthcare Institutions
Research Institutions
Others (Healthcare professionals)
Regional Insights (Revenue, USD Bn, 2020 - 2032)
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Key Players Insights
GoFundMe
Impact Guru
Kickstarter
Indiegogo
Fundly
YouCaring
GiveForward
FundRazr
Ketto
Milaap
Classy
Crowdfunder
Crowdcube
MedGift
Plumfund
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Medical Crowdfunding Market, By Type of Crowdfunding
Global Medical Crowdfunding Market, By Application
Global Medical Crowdfunding Market, By Indication
Global Medical Crowdfunding Market, By End User
Global Medical Crowdfunding Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Driver
Restraint
Opportunity
Impact Analysis
Key Developments
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
Industry Trends
4. Global Medical Crowdfunding Market, By Type of Crowdfunding, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Donation-Based Crowdfunding
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Reward-Based Crowdfunding
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Equity-Based Crowdfunding
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Debt-Based Crowdfunding
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Medical Crowdfunding Market, By Application, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Medical Expenses
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Research Funding
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Health Initiatives
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Medical Equipment Purchase
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Medical Crowdfunding Market, By Indication, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Cancer
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Neurological Disorders
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Cardiovascular Diseases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Trauma
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Medical Crowdfunding Market, By End User, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Patients
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Non-Profit Organizations
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Healthcare Institutions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Research Institutions
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others (Healthcare professionals)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
8. Global Medical Crowdfunding Market, By Region, 2020 - 2032, USD Bn)
Introduction
Market Share (%) Analysis, 2025,2028 & 2032, (USD Bn)
Market Y-o-Y Growth Analysis (%), 2021 - 2032, (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Type of Crowdfunding, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Indication, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
Latin America
Introduction
Market Size and Forecast, By Type of Crowdfunding, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Indication, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Type of Crowdfunding, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Indication, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Type of Crowdfunding, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Indication, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Type of Crowdfunding, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Indication, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Type of Crowdfunding, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Indication, 2020 - 2032, (USD Bn)
Market Size and Forecast, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, By Country/Region, 2020 - 2032, (USD Bn)
South Africa
North Africa
Central Africa
9. Competitive Landscape
GoFundMe
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Impact Guru
Kickstarter
Indiegogo
Fundly
YouCaring
GiveForward
FundRazr
Ketto
Milaap
Classy
Crowdfunder
Crowdcube
MedGift
Plumfund
10. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
11. References and Research Methodology
References
Research Methodology
About us
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