Press release
2023 Hospice Care Global Market | Insights, Industry Outlook, Growing Trends And Top Key Players Covenant Care, the National Association for Home Care and Hospice, Kindred at Home, PruittHealth, Dierksen Hospice
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Hospice Care market report by The Business Research Company, the rise in the prevalence of chronic diseases is expected to propel the growth of the hospice care market. Chronic diseases refer to conditions lasting a year or more, requiring ongoing medical care, or limiting daily life activities. Chronic diseases are increasing due to the increasing use of tobacco products, poor nutrition, physical inactivity, excessive use of alcohol, and others. Hospice care is opted by several patients suffering from severe chronic diseases, including cancer.
The global hospice care market size grew from $3.67 billion in 2022 to $4.07 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hospice care market size is expected to grow to $6.23 billion in 2027 at a CAGR of 11.3%.
Read More On The Hospice Care Market Report Here:
https://www.thebusinessresearchcompany.com/report/hospice-care-global-market-report
Major competitors in the Hospice Care market include Covenant Care, the National Association for Home Care and Hospice, Kindred at Home, PruittHealth, Dierksen Hospice, the National Hospice and Palliative Care Organization, Oklahoma Palliative and Hospice Care, Benton Hospice Services, the Alzheimer's Association, the New Hampshire Hospice and Palliative Care Organization, VITAS Healthcare, LHC Group Inc., Amedisys, Gentiva Health Services, Samaritan Health Services, Brookdale Senior Living Inc., and Seasons Hospice.
The Hospice Care market is segmented -
• By Type: Type: Nursing Services, Medical Supply Services, Physician Services, Other Type Of Services
• By Application: Home Settings, Hospitals, Specialty Nursing Homes, Hospice Care Centres
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Hospice Care market.
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Hospice care is a special kind of care that focuses on improving the quality of life for people who are experiencing an advanced, life-limiting illness or their caregivers. The main goal of hospice care services is to comfort the patients while allowing them to enjoy their last stage of life.
The Table Of Content For The Hospice Care Market Include:
1. Executive Summary
2. Hospice Care Market Characteristics
3. Hospice Care Market Trends And Strategies
4. Hospice Care Market - Macro Economic Scenario
5. Hospice Care Market Size And Growth
………..
28. Key Mergers And Acquisitions In The Hospice Care Market
29. Hospice Care Market Future Outlook and Potential Analysis
30. Appendix
The "Global Hospice Care Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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