Palliative Care Market Research Report – Forecast to 2027

Global Palliative Care Market, Type (Private Resident Care, Hospital Inpatient Care, Nursing Home and Residential Facility Center, and Others), by Application (Cancer, Kidney Failure, and Others), by End-User (Hospitals, Palliative Care Centers, and Others) Forecast to 2027

ID: MRFR/HS/4875-HCR | February 2021 | Region: Global | 85 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario


Global Palliative Care market is expected to grow during the forecast period (2018–2023) at a CAGR ~8.1 %.


Palliative care helps to improve the quality of life of patients and their families facing the problems of serious illness. The main focus of Palliative care is to provide relief from symptoms and stress of a serious illness. Their main goal is to improve the quality of life for both the patient and the family. Palliative care treats people living with a serious illness such as cancer, cardiac diseases such as congestive heath failure, kidney failure, Alzheimer’s and many more. It improves the quality of life of the patient and supports the primary physician, patient, and family. In last 15 years, the Palliative care market has a stunning growth and the factors that have led to the growth of this market are growing the aging population, increase in chronic life-threatening disease, initiative taken by the government and non- profit organization, and rise in government funding.  


However, the high cost of treatment, misuse of funding and lack of awareness are some of the factors which are hampering the growth of the market during the forecast period.


Segmentation


The Global Palliative Care Market is segmented into types such as private residence care, hospice inpatient care, hospital inpatient care, nursing home and residential facility care and others. On the basis of application, the market is further segmented into cancer, cardiac diseases such as congestive heart failure (CHF), chronic obstructive pulmonary disease (COPD), kidney failure, Alzheimer’s, Parkinson’s, Amyotrophic Lateral Sclerosis (ALS) and many more. On basis of end-user, the market is further segmented into hospitals, home care settings, palliative care centers, long-term care centers & rehabilitation centers.


Regional Market Summary


Global Palliative Care Market Share, by Region, 2018 (%)


Palliative Care Market Share


Source: MRFR Analysis


The market has been segmented, by region, into the Americas, Europe, Asia Pacific, and the Middle East and Africa. The Global Palliative Care Market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada. The European Global Palliative Care Market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The Global Palliative Care Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Palliative care market in the Middle East and Africa has been segmented into the Middle East and Africa.


In terms of market value, North America will dominate the Palliative care market during the forecast period. Increasing incidences of life-threatening illness such as cancer, cardiovascular diseases, Alzheimer’s disease, kidney failure, chronic obstructive pulmonary disease and many more are some of the factors which are responsible for the growth of the market during the forecast period. In 2015 on average 90 % of US hospitals containing 300 beds or more provide Palliative care services to their patients. This has led to the growth of the market in coming years. The European market is expected to be the second-largest Palliative care market. The market growth in this region can be attributed to government funding and support of the healthcare sector coupled with increasing research and development. Moreover, a growing number of Palliative care centers worldwide, extending application for homecare, increasing number of qualified physicians for Palliative care center and expanding aging demographics are some of the factors responsible for the rise in the global Palliative care market. Asia-Pacific is expected to be the fastest-growing Palliative care market during the forecast period owing to the increasing prevalence of cardiac diseases, rising investments in healthcare, increasing geriatric population, and expansions by market players in the region. Asia-Pacific is giving the strong competition in the global Palliative care market by producing a cost-effective treatment that is high in demand in local as well as in the global market. The market in the Middle East and Africa is expected to account for the smallest share in the global Palliative care market due to the underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.


Key Players


Some of the key players in the Global Palliative Care market are Vitas Healthcare Corporation, Skilled Healthcare Group Incorporated, Sunrise Senior Living LLC, Kindred Healthcare Incorporated, Gentiva Health Services Incorporated, Home Instead Senior Care Incorporated, Amedisys Incorporated, Genesis HealthCare Corporation.


Global Palliative Care Market, By Types



  • Private residence care

  • Hospice inpatient care

  • Hospital inpatient care

  • Nursing home

  • Residential facility care

  • Others


Global Palliative Care Market, By Applications



  • Cancer

  • Cardiac disease such as congestive heart failure (CHF)

  • Chronic obstructive pulmonary disease (COPD)

  • Kidney failure

  • Alzheimer’s

  • Parkinson’s

  • Amyotrophic Lateral Sclerosis (ALS)

  • Others


Global Palliative Care Market, By End-User



  • Hospitals

  • Home Care Settings

  • Palliative Care Centers

  • Long-Term Care Centers & Rehabilitation Centers


Global Palliative Care Market, by Region



  • Americas

  • North America

  • US

  • Canada

  • South America

  • Europe

  • Western Europe

  • Germany

  • France

  • Italy

  • Spain

  • UK

  • Rest of Western Europe

  • Eastern Europe

  • Asia-Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Rest of Asia Pacific

  • Middle East and Africa

  • Middle East

  • Africa


Intended Audience



  • Palliative Care Specialist

  • Healthcare Communities

  • Geriatricians

  • Physicians

  • Hospice Nurse

  • Medical Directors

  • Cardiologist

  • Palliative Care Nurse

  • Healthcare Facility

  • Social Workers



Frequently Asked Questions (FAQ) :


Palliative Care Market is projected to grow at an 8.1% CAGR between 2018-2023.

North America is expected to lead the Palliative Care Market.

Major applications of palliative care include cardiac disease, cancer, kidney failure, and others.

Rising incidence of cardiovascular disease and increasing number of palliative care centers are adding market growth.

High treatment cost may limit market growth.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Palliative Care Market, by Types

6.1 Introduction

6.2 Private Residence Care

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.3 Hospice Inpatient Care

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.4 Hospital Inpatient Care

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.5 Nursing Home

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.6 Residential Facility Care

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

6.7 Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 7. Global Palliative Care Market, by Applications

7.1 Introduction

7.2 Cancer

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.3 Cardiac Disease

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.4 Congestive Heart Failure (CHF)

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.5 Chronic Obstructive Pulmonary Disease (COPD)

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.6 Kidney Failure

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.7 Alzheimer’s

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.8 Parkinson’s

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.9 Amyotrophic Lateral Sclerosis (ALS)

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

7.10 Others

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 8. Global Palliative Care Market, by End-User

8.1 Introduction

8.2 Hospitals

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.3 Home Care Settings

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.4 Palliative Care Centers

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

8.5 Long Term Care Centers & Rehabilitation Centers

Market Estimates & Forecast, by Region, 2020–2027

Market Estimates & Forecast, by Country, 2020–2027

Chapter 9. Global Palliative Care Market, by Region

9.1 Introduction

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 South Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 Middle East

9.5.2 Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

Chapter 11. Company Profiles

11.1 Vitas Healthcare Corporation

11.1.1 Company Overview

11.1.2 Product Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 Skilled Healthcare Group Incorporated

11.2.1 Company Overview

11.2.2 Product Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Sunrise Senior Living, LLC

11.3.1 Company Overview

11.3.2 Product Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 Kindred Healthcare Incorporated

11.4.1 Company Overview

11.4.2 Technology/Business Segment Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11. 5 Gentiva Health Services Incorporated

11.5.1 Company Overview

11.5.2 Product Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 Home Instead Senior Care Incorporated

11.6.1 Company Overview

11.6.2 Product Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 Amedisys Incorporated

11.7.1 Overview

11.7.2 Product Overview

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 Genesis HealthCare Corporation

11.8.1 Overview

11.8.2 Product/ Technology Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s Viewpoint

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

Chapter 13. Appendix


LIST OF TABLES

Table 1 Global Palliative Care Market Synopsis, 2020–2027

Table 2 Global Palliative Care Market Estimates and Forecast, 2020–2027 (USD Million)

Table 3 Global Palliative Care Market, by Region, 2020–2027 (USD Million)

Table 4 Global Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 5 Global Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 6 North America: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 7 North America: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 8 US: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 9 US: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 10 Canada: Palliative Care Market, By Types, 2020–2027 (USD Million)

Table 11 Canada: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 12 South America: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 13 South America: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 14 Europe: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 15 Europe: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 16 Western Europe: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 17 Western Europe: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 18 Eastern Europe: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 19 Eastern Europe: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 20 Asia-Pacific: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 21 Asia-Pacific: Palliative Care Market, by End-User, 2020–2027 (USD Million)

Table 22 Middle East & Africa: Palliative Care Market, by Types, 2020–2027 (USD Million)

Table 23 Middle East & Africa: Palliative Care Market, by End-User, 2020–2027 (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Palliative Care Market

Figure 3 Segmentation Market Dynamics for Global Palliative Care Market

Figure 4 Global Palliative Care Market Share, by Types, 2020

Figure 5 Global Palliative Care Market Share, by End-User, 2020

Figure 6 Global Palliative Care Market Share, by Region, 2020

Figure 7 North America: Global Palliative Care Market Share, by Country, 2020

Figure 8 Europe: Global Palliative Care Market Share, by Country, 2020

Figure 9 Asia-Pacific: Global Palliative Care Market Share, by Country, 2020

Figure 9 Middle East & Africa: Global Palliative Care Market Share, by Country, 2020

Figure 10 Global Palliative Care Market: Company Share Analysis, 2020 (%)

Figure 11 Vitas Healthcare Corporation: Key Financials

Figure 12 Vitas Healthcare Corporation: Segmental Revenue

Figure 14 Vitas Healthcare Corporation: Geographical Revenue

Figure 15 Skilled Healthcare Group Incorporated .: Key Financials

Figure 16 Skilled Healthcare Group Incorporated .: Segmental Revenue

Figure 17 Skilled Healthcare Group Incorporated .: Geographical Revenue

Figure 18 Sunrise Senior Living, LLC: Key Financials

Figure 19 Sunrise Senior Living, LLC: Segmental Revenue

Figure 20 Sunrise Senior Living, LLC: Geographical Revenue

Figure 21 Kindred Healthcare Incorporated: Key Financials

Figure 22 Kindred Healthcare Incorporated: Segmental Revenue

Figure 23 Kindred Healthcare Incorporated: Geographical Revenue

Figure 24 Gentiva Health Services Incorporated: Key Financials

Figure 25 Gentiva Health Services Incorporated: Segmental Revenue

Figure 26 Gentiva Health Services Incorporated: Geographical Revenue

Figure 27 Home Instead Senior Care Incorporated: Key Financials

Figure 28 Home Instead Senior Care Incorporated: Segmental Revenue

Figure 29 Home Instead Senior Care Incorporated: Geographical Revenue

Figure 30 Amedisys Incorporated: Key Financials

Figure 31 Amedisys Incorporated: Segmental Revenue

Figure 32 Amedisys Incorporated: Geographical Revenue

Figure 33 Genesis HealthCare Corporation: Key Financials

Figure 34 Genesis HealthCare Corporation: Segmental Revenue

Figure 35 Genesis HealthCare Corporation: Geographical Revenue