Press release
Prominent End Of Life Planning Market Trend for 2025: Personalized And Customized End-Of-Life Planning Solutions To Plan End-Of-Life Arrangements In Advance
End Of Life Planning
The growing proportion of individuals reaching retirement age is expected to drive the end-of-life planning market. With longer life expectancies and an aging population, more individuals are approaching retirement age, leading to an increasing need for end-of-life planning services. This market ensures that the wishes of aging individuals regarding their care and treatment in their final years are respected. For example, Statistics Canada reported in August 2023 that the percentage of Canadians retiring or partially retiring in their 60s and 70s is on the rise. As more people reach retirement age, the demand for end-of-life planning services grows.
Get Your End Of Life Planning Market Report Here:
https://www.thebusinessresearchcompany.com/report/end-of-life-planning-global-market-report
How will the growth rate of the end of life planning market shape industry trends by 2034?
The end of life planning market has grown considerably in recent years. It is projected to increase from $33.62 billion in 2024 to $36.93 billion in 2025, at a CAGR of 9.8%. The growth can be attributed to an aging population, greater awareness of advance directives, the prevalence of chronic illnesses, economic uncertainties, and increased demand for professional guidance.
The end-of-life planning market is projected to grow rapidly, reaching $53.08 billion by 2029 at a CAGR of 9.5%. The growth is attributed to greater awareness and education, rising healthcare costs, government policies, cultural shifts, and service provider expansion. Major trends include virtual funeral services, digital legacy management, cultural customization, pre-planning models, bereavement support, and legal and financial tools.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15801&type=smp
What trends are poised to drive the future success of the end of life planning market?
Companies in the end-of-life planning market are offering personalized services like self-authored obituaries to provide a user-friendly digital platform for planning. In January 2023, Newham Council launched MyWishes, a platform for local residents to document their end-of-life plans, including funeral preferences and self-authored obituaries, thereby reducing the emotional burden on families after a loss.
Which primary segments of the end of life planning market are driving growth and industry transformations?
The end of life planning market covered in this report is segmented -
1) By Service: Funeral Services, Estate Planning, Digital Legacy Services, Grief Counseling And Support, Advanced Healthcare Directives, Other Services
2) By Demographic: Elderly Population, Middle Age Population, Young Adult
3) By Area: Urban, Rural
Subsegments:
1) By Funeral Services: Burial Services, Cremation Services, Memorial Services, Funeral Arrangements
2) By Estate Planning: Will Creation, Trust Management, Estate Administration, Power Of Attorney
3) By Digital Legacy Services: Social Media Account Management, Digital Asset Preservation, Online Data Storage And Transfer, Digital Executor Services
4) By Grief Counseling And Support: Bereavement Counseling, Support Groups, Online Grief Support, Professional Therapy
5) By Advanced Healthcare Directives: Living Wills, Medical Power Of Attorney, Do Not Resuscitate (DNR) Orders, Healthcare Proxy
6) By Other Services: Legacy Planning, Ethical Wills, Pet Care Planning, Financial Planning For End Of Life
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15801
Which regions are key players in the growth of the end of life planning market?
North America was the largest region in the end of life planning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the end of life planning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the influential players reshaping the end of life planning market landscape?
Major companies operating in the end of life planning market are MetLife Inc., Service Corporation International (SCI), Crossroads Hospice & Palliative Care, TrustandWill, Dignity plc, Better Place Forests Co., Gathered Here Pty Ltd., OpusXenta Pty Ltd., Farewill, Perfect Memorials, Funeralwise, Everplans, Eterneva, Lady Anne Funerals, Aftersteps, SafeWill, GoodTrust, GatheringUs, AfterSteps, EstateExec, Going With Grace, Funeralocity Inc., funeralOne, Death With Dignity
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=15801&type=smp
What Is Covered In The End Of Life Planning Global Market Report?
•Market Size Forecast: Examine the end of life planning market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the end of life planning market for a structured understanding.
•Key Players Overview: Analyze major players in the end of life planning market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the end of life planning market.
•Segment Contributions: Evaluate how different segments drive overall growth in the end of life planning market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the end of life planning market.
•Industry Challenges: Identify potential risks and obstacles affecting the end of life planning market.
•Competitive Landscape: Review strategic developments in the end of life planning market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Prominent End Of Life Planning Market Trend for 2025: Personalized And Customized End-Of-Life Planning Solutions To Plan End-Of-Life Arrangements In Advance here
News-ID: 3923381 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Planning
New Jersey Estate Planning Attorney Christine Matus Discusses Estate Planning St …
New Jersey estate planning attorney [https://matuslaw.com/ocean-county-nj/] Christine Matus has shared valuable insights on estate planning strategies, emphasizing the importance of preparing for the future. As a legal professional with The Matus Law Group, Christine Matus highlights key aspects of estate planning that individuals and families should consider to protect their assets and loved ones. The discussion includes strategies for creating wills, trusts, and other essential estate planning documents.
The New Jersey…
Brooklyn Estate Planning Attorney Yana Feldman Publishes Article on Estate Plann …
Brooklyn estate planning attorney Yana Feldman of New York Legacy Lawyers have released an insightful article addressing the importance of estate planning for parents [https://yanafeldmanlaw.com/practice-areas/estate-planning/planning-for-children/]. The article explores the critical steps parents should take to secure their children's future, including nominating guardians, establishing trusts, and aligning their estate plans with their family's unique needs.
The Brooklyn estate planning attorney emphasizes that estate planning for parents involves more than just dividing assets;…
Long Island Estate Planning Attorney Seth Schlessel Releases Article on Estate P …
Long Island estate planning attorney [https://www.schlessellaw.com/] Seth Schlessel of Schlessel Law PLLC has published an insightful article focused on estate planning in Long Island. This comprehensive guide aims to help individuals and families understand the complexities of estate planning, secure their legacy, and ensure their wishes are fulfilled.
The Long Island estate planning attorney emphasizes the significance of having a well-structured estate plan. "Proper estate planning is crucial in safeguarding assets…
Business Succession Planning Attorney Yana Feldman Releases Insightful Article o …
Business succession planning attorney [https://yanafeldmanlaw.com/practice-areas/estate-planning/business-succession-planning/] Yana Feldman of New York Legacy Lawyers has published an enlightening article addressing the crucial topic of business succession planning. The article underscores the significance of having a well-structured succession plan to ensure the seamless transition of business ownership and management in the event of unforeseen circumstances such as death, illness, or retirement.
The business succession planning attorney emphasizes that a company's survival often depends on…
Linda Jensen, Certified Exit Planning Advisor (CEPA), Discussing Exit Planning
Image: https://authoritypresswire.com/wp-content/uploads/2024/03/resized-image.jpg
An Exit Planning Service is designed to empower entrepreneurs and business owners to prepare for the sale or transition of their businesses strategically. This tailored service maximizes company value and ensures a seamless transition, whether for retirement, sale, or succession planning.
In today's rapidly evolving business environment, exit planning has become an essential part of a successful business strategy, yet it remains an often-overlooked aspect of business ownership. Linda Jensen…
New York Estate Planning Lawyer Yana Feldman Highlights Common Mistakes in Estat …
New York estate planning lawyer Yana Feldman (https://yanafeldmanlaw.com/top-mistakes-in-estate-planning/) has recently published an informative article detailing the 'Top Mistakes in Estate Planning.' The article provides valuable insights into the common oversights that individuals often make when planning for the future, shedding light on the intricacies of estate planning, particularly within the complex legal framework of New York
The article serves as a cautionary guide, emphasizing the importance of proactive estate planning and…
