Medical crowdfunding services are a form of alternative financing that is gaining traction in the health sector. Medical crowdfunding services has a venture purpose and funding method such as project covering health expenses, fundraising health initiative, supporting health research, and financing commercial health innovation. Medical crowdfunding services have economic benefits in the health sector by expanding market participation, drawing money, and awareness of neglected health issues, and improving access to funding, These factors drive the growth of the medical crowdfunding services market.This growth is primarily driven by Enhancing Awareness for Medical Care
|Value Unit||Value (USD Million)|
|Key Companies in Study||GoFundMe (United States), Ketto (India), ImpactGuru (India), Indiegogo, Inc. (United States), SeedInvest (United States), FundRazr (Canada), Mightycause (United States), StartEngine (United States), MedGift (United States) and CoFund Health (United States)|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility|
Globally, a noticeable market trend is evident Increasing Demand due to the Growing Population
. Major Players, such as GoFundMe (United States), Ketto (India), ImpactGuru (India), Indiegogo, Inc. (United States), SeedInvest (United States), FundRazr (Canada), Mightycause (United States), StartEngine (United States), MedGift (United States) and CoFund Health (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 11th May 2022, Alira Health announced an acquisition with the RedCrow. The integration RedCrow with Alira Health it enabling the general public to invest in emerging private medical companies. This acquisition enlarges Alira Health’s ability to partner with the patients across the lifecycle of drug and device development into the financing phase for MedTech and healthcare services solutions.
On 1st April 2021, Bioverge, Inc. announced the launch of an equity crowdfunding platform called beverage portal. The purpose behind this launch is to create multiple paths for accredited and non-accredited individuals, family offices, registered investment advisors, private wealth managers, and institutional investors by providing access to highly vetted private healthcare startups. Beverage provides value for companies such as, providing guidance, and leveraging the Bioverage Network to connect them with the strategic partners, advisors, subject matter experts, sources of non-dilutive funding, and institutional investors.
- Enhancing Awareness for Medical Care
- Increase Inclination toward Safety and Health
- Increasing Demand due to the Growing Population
- People Raising Finance for Business by Crowdfunding
- Concerns with the Fraud or Scammers
Emerging Campaigns for Medical Care and Increasing Application of Medical Crowdfunding Services as an Powerful Alternative to other Traditional Investment forms, such as Venture Capital, Initial Public Offerings, and Angel Investments
Lack of Investors for Medical Crowdfunding Services
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Medical Crowdfunding Services Study Sheds Light on
The Medical Crowdfunding Services Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Medical Crowdfunding Services industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Medical Crowdfunding Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What are the years considered in the Medical Crowdfunding Services Market?
Historical year: 2017-2021; Base year: 2021; Forecast period: 2022 to 2027 2. Who are the key players profiled in the Medical Crowdfunding Services Market?
Companies that are profiled in Global Medical Crowdfunding Services Market are GoFundMe (United States), Ketto (India), ImpactGuru (India), Indiegogo, Inc. (United States), SeedInvest (United States), FundRazr (Canada), Mightycause (United States), StartEngine (United States), MedGift (United States) and CoFund Health (United States) etc.3. Why Medical Crowdfunding Services industry players are focusing on Healthcare
segment in Global market to hold robust market share owing to "Enhancing Awareness for Medical Care
".4. Who is dominating Medical Crowdfunding Services Market?
AMA Research predicts that United States Players will contribute to the maximum growth of Global Medical Crowdfunding Services market throughout the forecasted period.