The Hospice Market research report offers valuable proposals for new developments that help organizations optimize their revenue structure and operations. Furthermore, the report also emphasized the issues that influence the global Hospice Market including cost, market share, import, capacity utilization, gross margin, and supply. Moreover, the report also highlights the future scope of the global market for the upcoming period.

Hospice Market, By Offering (Pain and Symptom Control, Home Care and Inpatient Care, Spiritual Care, Coordination of Care, Respite Care, Bereavement Care, Others), Hospice Type (Home Hospice, Hospital-Based Hospices, Long Term Care Facility Based Hospices, Independently Owned Hospices), Service Areas (Home, Hospice Center, Hospital, Skilled Nursing Facility), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America

Market Overview

The global hospice market is anticipated to reach USD xx million by 2020 growing at a CAGR of 9.4% during the forecasting period, 2020-2028.

Get a Sample Copy of the Report: https://www.delvens.com/get-free-sample/hospice-market-trends-forecast-till-2028

Hospice is referred to as a place for providing end-of-life care to patients. The goal is to enable patients to be comfortable and free of pain. Hospice care is generally home-based but these services can be provided in freestanding facilities, in nursing homes, or within hospitals.

As a substitution for curative treatment at the end of life, hospice is becoming more and more popular. The ageing of the population, trends in patient preferences toward non-acute care, and hospice's value offer of cost savings will all contribute to the industry's growth.

Over the course of the forecast period, the market is likely to develop due to the rising demand for high-quality healthcare services provided at home and rising Medicare hospice reimbursement rates. The advantages of hospice services include professional and family comfort care, less financial burden or out-of-pocket costs, thorough care plans, and family counselling.

The market is expected to develop as a result of the ageing population and the rising prevalence of chronic diseases and age-related illnesses. Hospice and palliative care are in demand more than ever because they reduce hospitalizations among the elderly, focus on the body, mind, and spirit, manage pain and symptoms, and help patients and families understand treatment plans.

The expansion of the market is accelerated by the rise in the number of privately funded, publicly supported organisations offering hospice care services, as well as government attempts to support these service providers financially.

Key Findings

·         The global hospice market is segmented into therapy, treatment, application, end-user, and geography.

·         The therapy segment is sub-segmented into image-guided tumor therapies, RFA- radiofrequency ablation, and microwave ablation, cryoablation, and radiotherapy. Image-Guided Tumor Therapies segment is subsegment into a category that includes ablative therapies, transcatheter therapies. The transcatheter therapies segment is sub-segmented into devices that include tace-transarterial chemoembolization.  Tace-transarterial chemoembolization segment is sub-segmented into devices guidewires, introducers, catheters, microcatheters, microspheres, sirt-selective internal radiation therapy. The sirt-selective internal radiation therapy segment is sub-segmented into therapies namely the Radiotherapy segment is sub-segmented into internal beam radiotherapy, external beam radiotherapy, and systemic radiotherapy.

·         The treatment segment is sub-segmented into thermal ablation treatment, embolization microspheres, trans-arterial embolization, and others. Embolization microspheres segment is sub-segmented into agents namely doxorubicin, irinotecan, idarubicin, and epirubicin.

·         The application segment is sub-segmented into kidney cancer, lung cancer, liver cancer, bone metastasis, prostate cancer, and others.

·         The end-user segment is sub-segmented into hospitals, surgical and ablation centers, research and academic institutes, and others.

·         Geographically, the global hospice market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Regional Analysis

·         In the United States, the Medicare hospice benefit makes up the majority of funding for hospice care, covering around 90% of costs. Patients who qualify for the Medicare coverage are given hospice treatment at no cost. The degree of care required and the patient's acuity affect Medicare reimbursement rates.

·         North America region is the largest contributor to the hospice market in the forecast period 2020-2028 and the Asia-Pacific region is expected to grow with the highest CAGR during the forecast period 2020-2028.

To Grow Your Business Revenue, Make an Inquiry Before Buying at: https://www.delvens.com/Inquire-before-buying/hospice-market-trends-forecast-till-2028

Competitive Landscape

Key players in the global hospice market are

·         Kindred Healthcare

·         National Hospice and Palliative Care Organization

·         Alzheimer’s Association

·         Benton Hospice Service

·         Oklahoma Hospice Care

·         New Hampshire Hospice and Palliative Care Organization

·         Dierksen Hospice

·         Covenant Care

·         Chatham-Kent Hospice

·         PruittHealth, Fairview Health Services and among others

Recent Developments

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

·         In 2017, Kindred Healthcare has announced the launch of an innovation division for care management programs, network development, product development, and the Kindred House Calls in-home primary care services.

·         In 2018, National Hospice has announced the launch of "My Hospice Campaign" for highlighting the value of the Medicare hospice benefit among policy and healthcare decision-makers to foster a policy environment that will support patient access to high quality, comprehensive hospice and palliative care

·         Hence, tremendous progress has been made over the last decade, yet much more to come in recent years.

Reasons to Acquire

·         Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors

·         Gain authentic and granular data access for the hospice market so as to understand the trends and the factors involved in changing market situations

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Get Direct Order of this Report: https://www.delvens.com/checkout/hospice-market-trends-forecast-till-2028

Browse Related Reports:

Vascular Imaging Market – Trends Forecast Till 2030

Magnetic Resonance Imaging (MRI) Coils Market – Trends Forecast Till 2030

Hematology Oncology Market – Trends Forecast Till 2030

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports, and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on the country, regional, and global business environment. We have a database for more than 45 industries globally in more than 115+ major countries.

Delvens database assists clients by providing in-depth information on crucial business decisions. Delvens offers significant facts and figures across various industries: Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, and Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

Contact Us:

UNIT NO. 2126, TOWER B,

21ST FLOOR ALPHATHUM

SECTOR 90 NOIDA 201305, IN

+44-20-8638-5055

SALES@DELVENS.COM