NEW YORK, Jan. 30, 2023 /PRNewswire/ — Hospice market insights –

• Vendors: 15+, including AccentCare Inc., Amedisys Inc., Brookdale Senior Living Inc., Caritas Internationalis, Chemed Corp., COVENANT HEALTH AND COMMUNITY SERVICES INC., Crossroads Hospice and Palliative Care, Dierksen Hospice, FC Compassus LLC, Golden Living CentersIntrepid USA Healthcare Services, LHC GROUP Inc., LifePoint Health Inc., National Association for Home Care and Hospice, Oklahoma Palliative and Hospice Care, PeaceHealth, ProMedica Health Systems Inc., PruittHealth Corp., Samaritan Health Services, The Ensign Group Inc., among others

• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors;

• Segments: Service (nursing services, medical supply services, physician services, and other services), end-user (home settings, hospitals, specialty nursing homes, and hospice care centers), and geography (North America, Europe, Asiaand Rest of World (ROW))

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The hospice market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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In 2017, the hospice market was valued at USD 346.87 billion.From a regional perspective, North America held the largest market share, valued at USD 112.59 billion.The hospice market size is estimated to grow by USD 89.07 billion from 2022 to 2027 at a CAGR of 4.11%, according to Technavio.

Hospice market – Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria

• Adoption rates

• Adoption lifecycle

• Drivers of price sensitivity

• For highlights on customer landscape analysis, download a sample!

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Global hospice market – Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies, such as capitalizing on the popularity of online media. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors, including –

• Brookdale Senior Living Inc. – The company offers hospice services that can be provided in any place a patient calls home, including nursing homes and assisted living facilities.

• COVENANT HEALTH AND COMMUNITY SERVICES INC. – The company offers hospice services for people that have a terminal diagnosis or life-limiting illness.

• Golden Living Centers – The company offers hospice services, which include expert medical treatment and pain management with counseling and bereavement support services.

Global hospice market – Market dynamics

Major drivers

• Increasing geriatric population

• Increase in healthcare budgets by governments

• Growing demand to prevent infections and ensure patient safety

Key challenges

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this hospice market report?

• CAGR of the market during the forecast period

• Detailed information on factors that will drive the growth of the hospice market between 2023 and 2027

• Precise estimation of the size of the hospice market and its contribution to the parent market

• Accurate predictions about upcoming trends and changes in consumer behavior

• Growth of the hospice market across North America, Europe, Asiaand Rest of World (ROW)

• A thorough analysis of the market’s competitive landscape and detailed information about vendors

• Comprehensive analysis of factors that will challenge the growth of Hospice Market vendors

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Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Service

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

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SOURCE Technavio