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Report Scope & Overview:

The Palliative Care Market was valued at USD 13052 million in 2022 and is expected to reach USD 22336 million by 2030 and grow at a CAGR of 7% over the forecast period of 2023-2030.

The rising number of patients all around the globe and the geriatric populations which are suffering from serious illnesses is the driving factor for the palliative market, Palliative care is all about the providing help and support to the people suffering from serious illness, when we mention serious illness, it mostly includes chronic disease, cardia disease cancer, HIV and so forth. The major objective of palliative care is not only to provide medications to the patients but to guide them during the early stage , counselling them, helping them in relieving the pain or symptoms the fact that the illness a patient is going through can’t be cure,  also looking after their  personal life issues the major motto of palliative care behind offering these mentioned services are to improve the quality of life of the patient, because when a person gets to know about the illness 90% chances are he/she gets mentally weak he also starts facing mental health issues, anxiety, depression which makes their life worse so this is where the demand for the palliative care increases, the restraining factor of the palliative care mostly includes the lack of awareness of palliative care in the underdeveloped countries, and the less access of the palliative care in the emerging countries and the undeveloped counties are creating problems, The less initiative taken by the policy and insurance companies to provide the palliative care is restrain the market.

Palliative Care Market Revenue Analysis

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The continuous efforts of World Health Organization (WHO) to provide good support to the patients suffering from serious illness and to improve their life quality and the continuous efforts of creating awareness among the healthcare professional and government of underdeveloped countries are the opportunity for the palliative care market which will drive the market during the forecasted period. According to our reports, south America is the region which also struggles with the access of palliative care because of lack of government initiative and the fund-raising issue on factor of palliative care market which is also the restrain factor in those regions.

Impact of covid-19:

Covid-19 impacted the palliative care market in a negative manner as a matter of fact that the palliative care is not fully organised neither it has been funded or been focus in people are still unaware about the palliative care services, during covid-19 the focus was fully on prioritizing covid patients and also the fact that the lack of staff resources wards professionals made the situation worst.

Thought there were initiatives taken by the International Association for Hospice and Palliative Care (IAHPC) regarding including palliative care with covid treatment, the adoption of the palliative care in the 73rd World health assembly was the positive factor where the demand for the trainers, support health staff, organizing campaigns this inculcated the importance of the palliative care in the healthcare industry, according to the staff of IAHPC the pandemic had a negative impact on the mental health of the patients and normal individuals and also the patients who are suffering from the serious health issues, IAHPC also declared the staff of palliative care org had to face problems related to the access to the patients because of the fear of getting infected and visa-versa, Also the great initiative by IAHPC where the org was constantly focusing on the children’s of the small and medium income countries, the fear  of dying among children was also a bug concern all around the globe, Covid 19 was also the factor which raised the importance e of palliative care among the health care industry and how important it is in terms of providing good quality life, there were special programmes campaigns , and many org took initiative providing help for the children’s who has lost their parents during pandemic.

Market Dynamics

Drivers

  • The rise in the geriatric population worldwide.

  • Rise in the life threating illness all around the globe.

The rise of the life threating disease all around the globe makes it difficult for the patients suffering from it to live a quality life, the major objective of the palliative care is to provide quality life, the need of providing good quality life to the patients is a driving factor because if a person is facing life threating disease chances are that human mental health will be depressing which will create a negative impact on that person personal life and physical health as well.  

  • Rising awareness of the palliative care in the developed and the underdeveloped.

  • The post covid scenario which raise the awareness and which increased the demand for the palliative market.

Restrains

  • Lack of fund raising and access of palliative care to the people of under developed countries

  • The palliative care is always been considered as the secondary element in the healthcare sector which invites problems like less fundraising lack of support from the government comparatively which make it difficult for the employees to provide good services in undeveloped region where the economic condition is constantly struggling.

 Opportunity

  • Initiative taken by the government and private org to create awareness regarding Benefits associated with the palliative care and how it is important for the people facing life threatening issues.

Challenge

  • Lack of resources, staff, professionals of healthcare industry and policy-makers to take initiative regarding the palliative care.

Key Market Segmentation

By Age

  • Pediatric

  • Adults

  • Geriatric

By Indication

  • Cancer

  • Cardiovascular Disease

  • Chronic Respiratory Disorders

  • HIV/AIDS

  • Diabetes

  • Others

By End User

  • Physician & Nursing Services

  • Physiotherapy Services

  • Psychological Services

  • Others

By Facility Type

  • Hospital & Clinics

  • Care Centres

  • Hospices

  • Home Care

Palliative Care Market Segmentation Analysis

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Regional analysis:

APAC will share the highest margin share for the palliative care market, the rising awareness of the palliative care in the emerging countries and the demand for the palliative care in the emerging countries of these regions, the continuous efforts form the government in favour of palliative care market will contribute pt he growth of the market, The need for palliative market is in the underdeveloped regions were people are constantly struggling  with health issues, no proper guidance which creates a mental breakdown because the serious disease like HIV, cancer literally brings the perspective of death to the patients suffering from it, When we focus on cancer reports say that Asia has the highest number of cancer patients worldwide and also the fact that various org and governments of these regions are trying to offer palliative care to the patients to improve the quality of their life.

Key Players

The major key players are Vitas Healthcare, Healthwise, Incorporated. , TRIHEALTH, National Hospice and Palliative Care Organization, UKS Centre of Integrated Oncology and Palliative Medicine, Akademie Waldschlosschen , German Hospice and Palliative Association (DHPV), Narayana Hrudayalaya Ltd, AMERICAN HOSPITAL DUBAI , Mediclinic & Other Players.

Incorporated-Company Financial Analysis

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Recent developments

  • The launch of quality and network program by National Hospice and Palliative Care Organization (NHPCO) where they commit to establish a quality culture within their hospice and palliative care organizations.

  • The expansion of hospice care service with new offices in villages by VITAS healthcare as the people living in villages and rural areas also need these services. This will surely impact the society and the key players of this market to do the same

  • The goal and objective of IAHPC in order to increase the access of the palliative care for those who are in need on a global level and the mission of to empower, inspire government and organizations to provide access of palliative care and to take initiatives to increase the practise of palliative care worldwide.

Palliative Care Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 13052 Mn
Market Size by 2030  US$ 22336 Mn
CAGR   CAGR of 7% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Age (Pediatric, Adults, Geriatric)
• By Indication (Cancer, Cardiovascular Disease, Chronic Respiratory Disorders, HIV/AIDS, Diabetes, Others)
• By End User (Physician & Nursing Services, Physiotherapy Services, Psychological Services, Others)
• By Facility Type (Hospital & Clinics, Care Centres, Hospices, Home Care)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Vitas Healthcare, Healthwise, Incorporated. , TRIHEALTH, National Hospice and Palliative Care Organization, UKS Centre of Integrated Oncology and Palliative Medicine, Akademie Waldschlosschen , German Hospice and Palliative Association (DHPV), Narayana Hrudayalaya Ltd, AMERICAN HOSPITAL DUBAI , Mediclinic.
Key Drivers • The rise in the geriatric population worldwide.
• Rise in the life threating illness all around the globe.
Market Opportunities • Initiative taken by the government and private org to create awareness regarding Benefits associated with the palliative care and how it is important for the people facing life threatening issues.

 

Frequently Asked Questions

Ans: The Palliative Care Market size is estimated to reach US$ 22336 Mn by 2030.

Ans: The Palliative Care Market is to grow at a CAGR of 7% Over the Forecast Period 2023-2030.

Lack of resources, staff, professionals of healthcare industry and policy-makers to take initiative regarding the palliative care.

APAC will share the highest margin share for the palliative care market.

Covid-19 impacted the palliative care market in a negative manner.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 COVID-19 Impact Analysis

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Palliative Care Market Segmentation By Age
8.1 Pediatric
8.2 Adults
8.3 Geriatric

9. Palliative Care Market Segmentation By Indication
9.1 Cancer
9.2 Cardiovascular Disease
9.3 Chronic Respiratory Disorders
9.4 HIV/AIDS
9.5 Diabetes
9.6 Others

10. Palliative Care Market Segmentation By End User
10.1 Physician & Nursing Services
10.2 Physiotherapy Services
10.3 Psychological Services
10.4 Others

11. Palliative Care Market Segmentation By Facility Type
11.1 Hospital & Clinics
11.2 Care Centres
11.3 Hospices
11.4 Home Care

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Global Palliative Care Market by country
12.2.2North America Global Palliative Care Market by Age
12.2.3 North America Global Palliative Care Market by Indication
12.2.4 North America Global Palliative Care Market by End User
12.2.5 North America Global Palliative Care Market by Facility Type
12.2.6 USA
12.2.6.1 USA Global Palliative Care Market by Age
12.2.6.2 USA Global Palliative Care Market by Indication
12.2.6.3 USA Global Palliative Care Market by End User
12.2.6.4 USA Global Palliative Care Market by Facility Type
12.2.7 Canada
12.2.7.1 Canada Global Palliative Care Market by Age
12.2.7.2 Canada Global Palliative Care Market by Indication
12.2.7.3 Canada Global Palliative Care Market by End User
12.2.7.4 Canada Global Palliative Care Market by Facility Type
12.2.8 Mexico
12.2.8.1 Mexico Global Palliative Care Market by Age
12.2.8.2 Mexico Global Palliative Care Market by Indication
12.2.8.3 Mexico Global Palliative Care Market by End User
12.2.8.4 Mexico Global Palliative Care Market by Facility Type
12.3 Europe
12.3.1 Europe Global Palliative Care Market by country
1.3.3.2 Europe Global Palliative Care Market by Age
12.3.3 Europe Global Palliative Care Market by Indication
12.3.4 Europe Global Palliative Care Market by End User
12.3.5 Europe Global Palliative Care Market by Facility Type
12.3.6 Germany
12.3.6.1 Germany Global Palliative Care Market by Age
12.3.6.2 Germany Global Palliative Care Market by Indication
12.3.6.3 Germany Global Palliative Care Market by End User
12.3.6.4 Germany Global Palliative Care Market by Facility Type
12.3.7 UK
12.3.7.1 UK Global Palliative Care Market by Age
12.3.7.2 UK Global Palliative Care Market by Indication
12.3.7.3 UK Global Palliative Care Market by End User
12.3.7.4 UK Global Palliative Care Market by Facility Type
12.3.8 France
12.3.8.1 France Global Palliative Care Market by Age
12.3.8.2 France Global Palliative Care Market by Indication
12.3.8.3 France Global Palliative Care Market by End User
12.3.8.4 France Global Palliative Care Market by Facility Type
12.3.9 Italy
12.3.9.1 Italy Global Palliative Care Market by Age
12.3.9.2 Italy Global Palliative Care Market by Indication
12.3.9.3 Italy Global Palliative Care Market by End User
12.3.9.4 Italy Global Palliative Care Market by Facility Type
12.3.10 Spain
12.3.10.1 Spain Global Palliative Care Market by Age
12.3.10.2 Spain Global Palliative Care Market by Indication
12.3.10.3 Spain Global Palliative Care Market by End User
12.3.10.4 Spain Global Palliative Care Market by Facility Type
12.3.11 The Netherlands
12.3.11.1 Netherlands Global Palliative Care Market by Age
12.3.11.2 Netherlands Global Palliative Care Market by Indication
12.3.11.3 Netherlands Global Palliative Care Market by End User
12.3.11.4 Netherlands Global Palliative Care Market by Facility Type
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Global Palliative Care Market by Age
12.3.12.2 Rest of Europe Global Palliative Care Market by Indication
12.3.12.3 Rest of Europe Global Palliative Care Market by End User
12.3.12.4 Rest of Europe Global Palliative Care Market by Facility Type
12.4 Asia-Pacific
12.4.1 Asia Pacific Global Palliative Care Market by country
12.4.2 Asia Pacific Global Palliative Care Market by Age
12.4.3 Asia Pacific Global Palliative Care Market by Indication
12.4.4Asia Pacific Global Palliative Care Market by End User
12.4.5 Asia Pacific Global Palliative Care Market by Facility Type
12.4.6 Japan
12.4.6.1 Japan Global Palliative Care Market by Age
12.4.6.2 Japan Global Palliative Care Market by Indication
12.4.6.3 Japan Global Palliative Care Market by End User
12.4.6.4 Japan Global Palliative Care Market by Facility Type
12.4.7 South Korea
12.4.7.1 South Korea Global Palliative Care Market by Age
12.4.7.2 South Korea Global Palliative Care Market by Indication
12.4.7.3 South Korea Global Palliative Care Market by End User
12.4.7.4 South Korea Global Palliative Care Market by Facility Type
12.4.8 China
12.4.8.1 China Global Palliative Care Market by Age
12.4.8.2 China Global Palliative Care Market by Indication
12.4.8.3 China Global Palliative Care Market by End User
12.4.8.4 China Global Palliative Care Market by Facility Type
12.4.9 India
12.4.9.1 India Global Palliative Care Market by Age
12.4.9.2 India Global Palliative Care Market by Indication
12.4.9.3 India Global Palliative Care Market by End User
12.4.9.4 India Global Palliative Care Market by Facility Type
12.4.10 Australia
12.4.10.1 Australia Global Palliative Care Market by Age
12.4.10.2 Australia Global Palliative Care Market by Indication
12.4.10.3 Australia Global Palliative Care Market by End User
12.4.10.4 Australia Global Palliative Care Market by Facility Type
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Global Palliative Care Market by Age
12.4.11.2 APAC Global Palliative Care Market by Indication
12.4.11.3 APAC Global Palliative Care Market by End User
12.4.11.4 APAC Global Palliative Care Market by Facility Type
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Global Palliative Care Market by country
12.5.2 The Middle East & Africa Global Palliative Care Market by Age
12.5.3 The Middle East & Africa Global Palliative Care Market by Indication
12.5.4The Middle East & Africa Global Palliative Care Market by End User
12.5.5 The Middle East & Africa Global Palliative Care Market by Facility Type
12.5.6 Israel
12.5.6.1 Israel Global Palliative Care Market by Age
12.5.6.2 Israel Global Palliative Care Market by Indication
12.5.6.3 Israel Global Palliative Care Market by End User
12.5.6.4 Israel Global Palliative Care Market by Facility Type
12.5.7 UAE
12.5.7.1 UAE Global Palliative Care Market by Age
12.5.7.2 UAE Global Palliative Care Market by Indication
12.5.7.3 UAE Global Palliative Care Market by End User
12.5.7.4 UAE Global Palliative Care Market by Facility Type
12.5.8 South Africa
12.5.8.1 South Africa Global Palliative Care Market by Age
12.5.8.2 South Africa Global Palliative Care Market by Indication
12.5.8.3 South Africa Global Palliative Care Market by End User
12.5.8.4 South Africa Global Palliative Care Market by Facility Type
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Global Palliative Care Market by Age
12.5.9.2 Rest of Middle East & Asia Global Palliative Care Market by Indication
12.5.9.3 Rest of Middle East & Asia Global Palliative Care Market End User
12.5.9.4 Rest of Middle East & Asia Global Palliative Care Market by Facility Type
12.6 Latin America
12.6.1 Latin America Global Palliative Care Market by country
12.6.2 Latin America Global Palliative Care Market by Age
12.6.3 Latin America Global Palliative Care Market by Indication
12.6.4 Latin America Global Palliative Care Market by End User
12.6.5  Latin America Global Palliative Care Market by Facility Type
12.6.6 Brazil
12.6.6.1 Brazil Global Palliative Care Market by Age
12.6.6.2 Brazil Africa Global Palliative Care Market by Indication
12.6.6.3Brazil Global Palliative Care Market by End User
12.6.6.4 Brazil Global Palliative Care Market by Facility Type
12.6.7 Argentina
12.6.7.1 Argentina Global Palliative Care Market by Age
12.6.7.2 Argentina Global Palliative Care Market by Indication
12.6.7.3 Argentina Global Palliative Care Market by End User
12.6.7.4 Argentina Global Palliative Care Market by Facility Type
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Global Palliative Care Market by Age
12.6.8.2 Rest of Latin America Global Palliative Care Market by Indication
12.6.8.3 Rest of Latin America Global Palliative Care Market by End User
12.6.8.4 Rest of Latin America Global Palliative Care Market by Facility Type

13. Company Profile
13.1 Vitas Healthcare
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Healthwise, Inc
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 TRIHEALTH
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 National Hospice and Palliative Care Organization
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Product /Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 UKS Centre of Integrated Oncology and Palliative Medicine
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Akademie Waldschlosschen,
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.6 German Hospice and Palliative Association (DHPV),
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.6 Narayana Hrudayalaya Ltd,
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.AMERICAN HOSPITAL DUBAI
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.Mediclinic
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments

15. Use Cases and Best Practices

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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