Press release
Advance Directives Market worth $291.1 billion by 2028
Advance Directives Market in terms of revenue was estimated to be worth $122.9 billion in 2023 and is poised to reach $291.1 billion by 2028, growing at a CAGR of 18.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. Rise in investments & funding in the advance directives market, supporting government initiatives, and increasing focus on personalized care are some of the key factors that offer opportunities to the market during the forecast period. However, the fragmented healthcare systems, and lack of in disciplinary collaboration and communication are challenging the market growth to some extent.Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=227199224&utm_source=OPenpr&utm_campaign=Paid&utm_content=Referral
Healthcare Providers segment is expected to register the substantial share by end user of advance directives market
The healthcare providers segment has emerged as a prominent contributor to the Advance Directives market share due to its pivotal role in facilitating and guiding patients through the AD process. Healthcare providers, including hospitals, clinics, and hospice organizations, possess the expertise to initiate AD conversations, educate patients about their options, and help them create legally binding documents such as advance directives. With a growing emphasis on patient-centered care, healthcare providers are recognizing the significance of honouring patients' preferences for end-of-life treatment. Their involvement not only ensures that patients' wishes are respected but also helps in aligning medical care with individual values. As a result, the healthcare providers segment has established itself as a key driver of AD adoption, shaping the market's considerable share.
Advance Directives Services holds a substantial share by component in advance directives market
Advance Directives (AD) services hold a significant share in the advance directives market by component due to their integral role in guiding individuals, families, and healthcare professionals through the complex process of making informed decisions about end-of-life care. These services offer a comprehensive approach, encompassing education, facilitation of discussions, legal documentation, and emotional support. With the growing recognition of patient autonomy and the importance of honouring individual preferences, AD services have become indispensable.
Asia to witness a considerable growth rate during the forecast period.
The Asian Advance Directives market is experiencing rapid growth, driven by a convergence of factors. As societies age and cultural attitudes shift, there's an increased focus on personalized and patient-centered healthcare. The integration of technology has made Advance Directives more accessible, while healthcare systems aim to optimize resource allocation. Regulatory support and policy initiatives further emphasize patient autonomy and shared decision-making.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=227199224&utm_source=OPenpr&utm_campaign=Paid&utm_content=Referral
Advance Directives Market Dynamics:
Drivers:
Rising Investments in Advance Care Planning
Government initiatives and regulations to enhance patient care and autonomy
Restraints:
Lack of Awareness and Education
Opportunities:
Technological Advancements and Digital Solutions
Challenge:
Fragmented Healthcare Systems and Integration
Key Market Players:
ADvault, Inc.(US), VyncaCare (US), WiserCare Inc.(US), Sharp HealthCare(US), ACP Decisions (a DBA of Nous Foundation, Inc.) (US), Iris Healthcare(Aledade, Inc.) (US), Bronson Health Care Group, Inc. (US), ThroughCare, Inc.(US), Vital Decisions LLC (US), New Century Health (US), Honor My Decisions LLC (US) are some of the major players in this market. These companies are majorly focusing on the strategies such as agreements, collaborations, partnerships, and service launches in order to remain competitive and further increase their share in the market.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=227199224&utm_source=OPenpr&utm_campaign=Paid&utm_content=Referral
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Advance Directives Market worth $291.1 billion by 2028 here
News-ID: 3257963 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Advance
Global Cash Advance Service Market Size by Application, Type, and Geography: For …
According to Market Research Intellect, the global Cash Advance Service market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for cash advance services is expanding steadily due to rising demand for short-term, fast financial…
Advance Solutions Corp. (ADVANCE) Welcomes Amit Kukreja as Country Head, APJ
Image: https://www.getnews.info/wp-content/uploads/2024/11/1730818200.jpeg
Amit Kukreja, Country Head for APJ at Advance Solutions Corp. (ADVANCE)
Seasoned Leader to Drive Digital Transformation and Growth Across Asia-Pacific and Japan Region
SINGAPORE - 5 November, 2024 - Advance Solutions Corp. (ADVANCE), a ServiceNow Elite partner and leader in digital transformation, announces the appointment of Amit Kukreja as Country Head for APJ, effective today.
With two decades of experience across Government, Healthcare, Telecom, and Finance sectors, Amit brings deep expertise…
Advance Solutions Corp. (ADVANCE) Names Hani Nofal as Vice President for Europe, …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1729519559.jpeg
Hani Nofal, Vice President for Europe, the Middle East, and Africa (EMEA) at Advance Solutions Corp. (ADVANCE)
Veteran Executive to Spearhead Strategic Expansion and Drive Innovation Across Global Markets
Dubai, UAE - October 22, 2024 - Advance Solutions Corp. (ADVANCE), headquartered in Atlanta, Georgia, and a Gartner-recognized leader in innovation and digital transformation, is pleased to announce the appointment of Hani Nofal as Vice President for Europe, the Middle East, and…
Cough Care Advance launches Cough Care Advance, an innovative, kid-friendly coug …
Cough Care Advance is introducing an innovative, kid-friendly cough remedy that provides safe, natural, and long-lasting relief.
Parents know how difficult it can be when children are battling a stubborn cough. Whether it's keeping them up at night or disrupting their day at school, finding an effective and gentle solution is a top priority. That's why Cough Care Advance is introducing an innovative, kid-friendly cough remedy that provides safe, natural, and…
Hong Kong Releases Advance Pricing Guidelines; China Explores Advance Tax Ruling …
(Sunnyvale, CA) - Hong Kong’s Inland Revenue has released its long-awaited Advance Pricing Agreement guidelines, which will initially focus on negotiating bilateral and multilateral APAs specifically with jurisdictions with which Hong Kong has a Double Tax Agreement.
According to the Hong Kong APA guidelines, only resident and non-resident companies with a Permanent Establishment (PE) generating taxable income in Hong Kong can apply for an Advance pricing Agreement. Companies or PE’s which do…
Diskeeper 2007 Asserts Technology Advance
EAST GRINSTEAD, England--Diskeeper Corporation Europe states that its number one selling product, Diskeeper 2007, can be regarded as one of the forerunners of native 64 bit operating system support.
As an ever growing number of users complain about the 64 bit non-compatibility of their software, Diskeeper remains the most popular defragmentation tool on the market. Support for 64 bit systems has been available since Diskeeper 10, hence the company’s experience…