Insights on the Hospice Global Market to 2027 - Ongoing Adoption of Hospice Services Presents Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--Sep 29, 2022--

The "Hospice Market Research Report by Type (Continuous Home Care, General Inpatient Care, and Inpatient Respite Care), Location, Diagnosis, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Hospice Market size was estimated at USD 4,521.35 million in 2021, USD 4,984.33 million in 2022, and is projected to grow at a CAGR 10.49% to reach USD 8,228.54 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Hospice Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Hospice Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Hospice Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Hospice Market?

4. What is the competitive strategic window for opportunities in the Global Hospice Market?

5. What are the technology trends and regulatory frameworks in the Global Hospice Market?

6. What is the market share of the leading vendors in the Global Hospice Market?

7. What modes and strategic moves are considered suitable for entering the Global Hospice Market?

Market Dynamics

Drivers

• Increasing prevalence of chronic diseases such as dementia, cancer, and kidney diseases
• Potential demand for quality healthcare services coupled with rising medical reimbursements
• Rising consumer awareness of telemedicine

Restraints

• Stringent regulatory and misuse of allocated funds

Opportunities

• Ongoing adoption of hospice services
• Proliferation of funds by private and government organizations to hospice centers

Challenges

• Concerns associated to domestic tariffs and trade routes

Companies Mentioned

• AccentCare
• Amedisys, Inc.
• AseraCare Hospice
• Brookdale Senior Living Solutions
• Chemed Corporation
• Compassus
• Covenant Care
• Crossroads Hospice
• Curo Health Services.
• Dierksen Hospice
• Fairview Health
• Heart to Heart Hospice
• Hospice of the Valley
• Kindred Healthcare, Inc.
• LHC Group Inc.
• Oklahoma Palliative & Hospice Care
• Providence Health & Services
• Seasons Hospice & Palliative Care
• Senior Care Health Rehabilitation
• Tidewell Hospice

For more information about this report visit https://www.researchandmarkets.com/r/mh1ycn

View source version on businesswire.com:https://www.businesswire.com/news/home/20220929005502/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./ CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: HEALTH HOSPITALS

SOURCE: Research and Markets

Copyright Business Wire 2022.