Palliative care market Report by Market.us | Total US$ 78.50 Mn in 2023 Steered by Surging Application in Palliative Care Centers

Pune, Maharashtra, India, September 12 2022 (Wiredrelease) Prudour Pvt. Ltd –:Palliative care is a type of medical care that focuses on relieving the symptoms and stress of a serious illness. It is not curative, but it can improve the quality of life for both the patient and their family. Palliative care teams are made up of doctors, nurses, social workers, chaplains, and other specialists who work together to provide coordinated, comprehensive care. The palliative care market is expected to grow in the coming years as the baby boomer population ages. Palliative care is a type of medical care that focuses on relieving the symptoms of serious illnesses. It can be used to improve the quality of life for both patients and their families.

According to a new report from market.us, the palliative care market is expected to reach $78.50 billion by 2023, up from $49.42 billion in 2018.

The increasing awareness regarding the needs of patients with life-threatening disease and their families will lead to a boom in global palliative market. WHO reports that hospice care is most popular among cancer patients. The report cites an aging population and an increase in chronic diseases as key drivers of market growth. Palliative care is an important part of the healthcare system and can provide significant benefits to patients and their families. If you or someone you know is dealing with a serious illness, be sure to ask your doctor about palliative care options.

Perfect your plan with our report here | request sample report @ https://market.us/report/palliative-care-market/request-sample/

World Health Organization (WHO), defines palliative healthcare as the treatment of symptoms related to underlying diseases or conditions that improves the quality of life for patients and their loved ones. Hospice care is a particular type of palliative healthcare procedure that aids terminally ill people to make their final days/months less painful and comfortable.

Global palliative medicine market is being driven by increasing rates of death from life-threatening diseases like cancer and heart attacks. GLOBOCAN reported that there were almost 10.0 Million cancer deaths and 19.3M new cancer cases in 2020. This rising incidence of cancer means that palliative treatment is necessary for these patients. American Society of Clinical Oncology recommends patients with advanced cancer receive palliative medicine. Patients who receive palliative and cancer treatment together have better quality of lives than those who don’t.

The growing number of patients living with chronic illnesses, rising numbers of infections and patients suffering from serious illness is driving the global market for palliative services. Because of the rising number of patients who are suffering from tauma as well as the high number of road accident victims that need rehabilitation services, there is a growing need for palliative health care. Also, the market will grow if there is an improvement in healthcare infrastructure in developing countries. Market growth is being held back by insufficient awareness of palliative medicine.

To get Incredible Discounts on this Premium Report, Click Here @ https://market.us/report/palliative-care-market/#inquiry

Global palliative market is experiencing major constraints:

The high cost of treatment can be a major problem in the global Palliative Care market. The overall market for palliative services is constrained by the global lack of growth in Asian Pacific and Middle East medical care facilities. There are also fewer reimbursement opportunities and private funding restrictions for hospital facilities.

Notable Advancements

Below are some recent developments that provide a glimpse into the market dynamics for global palliative healthcare market.

VITAS Healthcare, a US-based leading provider of end of-life care, bought Hospice of Citrus and the Nature Coast. This strategic move will enable VITAS Healthcare expand its services in areas that were previously underserved.

In October 2020, LHC Group, Inc. (US) acquired Santa Rita Hospice in Colorado, the US, which will help increase its service offerings.

In August 2020, LHC Group, Inc. (US) announced a joint venture agreement with University Health Care System (US). The agreement is focused towards enhancing home health & hospice services across 8 cities in South Carolina and Georgia, US

Key Market Players included in the report:

Center to Advance Palliative Care (CAPC)
UCLA Health
National Hospice and Palliative Care Organization
VITAS Healthcare
CHI Franciscan
University of Washington (UW Medical Center & UW Medicine)
Seymour Health
KEHPCA (Kenya Hospices and Palliative Care Association)

For Instant Purchase: https://market.us/purchase-report/?report_id=30119

Key Market Segments

Type

Private residence care
Hospice inpatient care
Hospital inpatient care
Nursing home and residential facility care
Others

Application

Hospitals
Home Care Settings
Palliative Care Centers
Long Term Care Centers & Rehabilitation Centers

Regional Segmentation:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Questions Answered in Global Palliative Care Industry Report:

– What is Palliative Care ?

– What are Palliative Care used for ?

– How economy share fluctuations their value from different manufacturers?

– What’s the present size of the marketplace both regional and global?

– Which are the major final effect and outcome of the analysis of the advantages of the industry?

– Which would important players in the current market and what are their gifts in the total sales development?

– Which global Palliative Care market trends, challenges and important competitions of the economy have faced?

– The market is predicted to develop in the prediction period from 2022-2031?

– During forecast years which application areas will work well?

– Which will be the long-term flaws of the business?

Top Selling Reports:

Global Veterinary Palliative Care Management Market Future Plans and Forecast to 2031

Global Urgent Care Center Market Assessment, Key Factors and Challenges by 2031

Global Palliative Treatment Market is Expected to Thrive at Impressive CAGR by 2031

Global Healthcare Cyber Security Market Insights on Strategic Initiatives by 2031

Global Baby Personal Care Market Key Opportunities and Future Prospect till 2031

Media Contact

Company Name: Market.us (Powered By Prudour Pvt. Ltd.)

Global Business Development Teams – Market.us

Email: inquiry@market.us

Phone: +1 718 618 4351

Address: 420 Lexington Avenue, Suite 300 New York City, NY 10170, United States

Connect with us at LinkedIn | Facebook | Twitter 

This content has been published by Prudour Pvt. Ltd company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at contact@wiredrelease.com.