ID: MRFR/HS/4875-HCR | February 2021 | Region: Global | 85 pages
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 (%)
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
Global Palliative Care Market, By Applications
Global Palliative Care Market, By End-User
Global Palliative Care Market, by Region
Intended Audience
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