Hospice care centers offer care to patients who are in the final phase of a terminal illness. These care centers focus on providing comfort and quality life to patients and also offers complete medical, psychological, and spiritual support. Hospice patient is expected to live for six months, or even less, hence the hospice programs are home-based. However, these services are also provided in freestanding facilities, nursing homes, and hospitals.
MARKET DYNAMICS
The hospice market is anticipated to grow in the forecast, owing to the factors such as increasing prevalence of life threatening diseases like, cancers, heart failure, end stage renal disease and others, growing adoption of hospice services, and rising number of organizations providing hospice services. Furthermore, increasing funds by government and private organizations to hospice centers is likely to pose growth opportunities for the market
MARKET SCOPE
The "Global Hospice Market Analysis to 2028" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of hospice market with detailed market segmentation by service type, type of care, end use facility and geography. The global Hospice market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Hospice market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hospice market is segmented on the basis of service type, type of care, and end use facility. Based on service type the market is segmented into nursing services, medical supply services, counselling services, short term inpatient services, physician services, physical therapy, speech therapy, spiritual therapy. Based on type of care the market is segmented into acute care, respite care. Based on end use facility the market is segmented into home settings, hospitals, specialty nursing homes, hospice care centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hospice market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hospice market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting hospice market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Hospice market in these regions.
MARKET PLAYERS
The reports cover key developments in the hospice market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from hospice market are anticipated to lucrative growth opportunities in the future with the rising demand for hospice market in the global market. Below mentioned is the list of few companies engaged in the Hospice market.
The report also includes the profiles of hospice market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amedisys
- LHC Group, Inc
- Curo Health Services
- AdventHealth Hospice Care Central Florida
- HCR ManorCare
- Seasons Hospice and Palliative Care
- AseraCare Hospice
- Crossroads Hospice
- AccentCare
- Accord Palliative and Hospice Care, Inc