Global Palliative Care Market 2023-2029
Palliative care is a type of specialized medical care that focuses on providing relief from the symptoms, pain, and stress that come with a serious illness. The patient-centered approach of palliative care helps patients maintain quality of life and comfort by addressing their physical, emotional, and spiritual needs, as well as those of their loved ones. The global palliative care market is anticipated to increase by USD 131.3 billion till 2029 at an average annual growth of 8.81 percent as per the latest market estimates.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global palliative care market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, application, end user, and region. The global market for palliative care can be segmented by type: hospital inpatient care, hospice inpatient care, nursing homes, residential facility care, homecare, private residence care. The hospital inpatient care segment captured the largest share of the market in 2022. Palliative care market is further segmented by application: cardiac disease, congestive heart failure, cancer, chronic obstructive pulmonary disease, kidney failure, Alzheimer’s disease, Parkinson’s disease, amyotrophic lateral sclerosis, others. The cardiac disease segment held the largest share of the global palliative care market in 2022 and is anticipated to hold its share during the forecast period. Based on end user, the palliative care market is segmented into: long term care centers & rehabilitation centers, hospitals & clinics, palliative care centers, home care settings. In 2022, the long term care centers & rehabilitation centers segment made up the largest share of revenue generated by the palliative care market. On the basis of region, the palliative care market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, North America was accounted for the highest revenue generator in 2022.
Market Segmentation
By type: hospital inpatient care, hospice inpatient care, nursing homes, residential facility care, homecare, private residence care
By application: cardiac disease, congestive heart failure, cancer, chronic obstructive pulmonary disease, kidney failure, Alzheimer’s disease, Parkinson’s disease, amyotrophic lateral sclerosis, others
By end user: long term care centers & rehabilitation centers, hospitals & clinics, palliative care centers, home care settings
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading palliative care market vendors that include Home Instead, Inc., Revera Inc., Vitas Healthcare, Amedisys, Inc., Kindred Healthcare Incorporated, Genesis Healthcare, Inc., Sunrise Senior Living, LLC, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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