Hospice Market Size, Share, and Growth Analysis

Hospice Market

Hospice Market By Services (Nursing Services, Medical Supply Services), By Care Type (Acute Care, Respite Care), By Application (Home Settings, Hospitals), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35E2055 | Region: Global | Published Date: June, 2025
Pages: 195 |Tables: 88 |Figures: 71

Format - word format excel data power point presentation

Hospice Market Insights

Global Hospice Market size was valued at USD 75.3 billion in 2023 and is poised to grow from USD 82.38 billion in 2024 to USD 169.02 billion by 2032, growing at a CAGR of 9.4% during the forecast period (2025-2032).

The global hospice market growth is being fuelled by the increasing worldwide prevalence of terminal illnesses like cancer, Alzheimer’s disease and chronic heart failure. The growing elderly population is anticipated to significantly contribute to the heightened use of hospice services across North America, Europe and certain regions of Asia-Pacific. Governments and health organizations are anticipated to enhance market growth by offering additional funding and reimbursement systems for hospice and palliative care services.

For instance, in January 2024, the U.S. Centres for Medicare & Medicaid Services (CMS) broadened its value-based insurance design model to incorporate tele hospice and home care, enhancing access to these services and minimizing unnecessary hospital admissions.

The hospice industry has witnessed several advancements and innovations that have spurred technological advancement. One significant advancement in this market is telehospice, which enables patients to receive compassionate care remotely from their homes.

Tele hospice enables patients to access hospice care through registered nurse practitioners, physicians, and counsellors via telehealth technology. This technology encompasses safe video conferencing digital symptom monitoring and tracking, as well as virtual discussions with doctors, nurses, and counsellor consultations. Tele hospice is essential in rural and underserved regions, where there are no hospice facilities to offer specialized hospice care and services. Tele hospice offers immediate digital tracking of pain and symptoms for patients, enabling intervention to take place before a critical hospital admission becomes necessary.

What Makes AI Integration Important for the Future of Hospice Care Delivery?

Artificial Intelligence (AI) plays a crucial role in the future of hospice care by facilitating more proactive, individualized, and efficient service delivery to patients with terminal illnesses. Hospice providers can now leverage artificial intelligence to analyze vast quantities of patient data, recognize patterns forecast when a patient's symptoms might worsen, and update care plans in real time. Natural Language Processing (NLP) can analyze notes from clinicians and messages from patients, to investigate hidden alterations in clinical conditions or emotional needs. This kind of predictive analysis enhances patient outcomes via preventive measures or medication, while preventing missed hospital visits or family distress, enhancing quality of life in a person's final days.

For instance, IBM Watson’s NLP tools scan hospice patient emails, clinician notes, and family feedback to detect subtle changes in phrases like “I feel more tired” or “pain is sharper.” This flags unmet needs (depression, uncontrolled symptoms) for faster social workers or physician intervention.

Market snapshot - 2025-2032

Global Market Size

USD 75.3 billion

Largest Segment

 Home setting hospice

Fastest Growth

 hospice care centres

Growth Rate

9.4% CAGR

Global Hospice Market ($ Bn)
 
Country Share for North America Region(%)
 

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Hospice Market Segments Analysis

Global Hospice Market is segmented by Services, Care Type, Application and region. Based on Services, the market is segmented into Nursing Services, Medical Supply Services, Counseling Services, Short Term Inpatient Services, Physician Services and Others. Based on Care Type, the market is segmented into Acute Care and Respite Care. Based on Application, the market is segmented into Home Settings, Hospitals, Specialty Nursing Homes and Hospice Care Centres. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Why is Home Setting Hospice Care the Dominate Segment in the Hospice Market?

Home setting hospice care dominated with the largest hospice market share, as patients and families greatly favor it within a comforting home setting when appropriate for their needs. In addition, a home setting enhances emotional and psychological health and is more economical compared to other forms of care. The emergence of telehealth mobile hospice teams and remote monitoring technologies have in my opinion enhanced the quality of home care and enabled quicker interventions and continuous communication with providers. There is also a greater likelihood that multiple governments and insurance programs will boost backing for home-based services due to fewer hospitalizations and improved patient satisfaction. For instance, In 2024, Amedisys one of the largest hospice providers in the U.S. reported a notable rise in the number of patients signed up for home-based hospice services after launching a new digital care coordination platform. The platform's utilization enhanced care teams' capability to organize home visits, facilitated the tracking of medications, and enabled improved patient supervision. This indicates that larger companies in the hospice sector are utilizing technology to highlight the benefits of home care services.

Whereas the demand for hospice care centres is predicted to drive growth due to the increasing complex end-of-life care needs, particularly for patients requiring specialized pain management or 24/7 medical support. AI-driven tools for staff optimization and predictive care enhance efficiency, making these centres a critical option for families seeking structured, high-quality terminal care.

Why are Nursing Services Leading in the Hospice Market?

As per the global hospice market forecast, nursing services are the predominant service in the hospice market because they fulfil the core clinical and daily care needs for terminally ill patients who often require ongoing pain management, symptom management, and personal care. While all hospice services are critical to care, nursing incorporates medical training into the physical aspects of patient care, such as medication administration, wound care, and vital sign checks. These pieces of care make a significant difference in terminally ill patients' comfort and dignity. The expansion of home-based hospice care will only increase the demand for nursing services, and families will look to hire professional care from skilled nurses who are capable of providing that care at home.

Whereas the demand for counselling services in the hospice industry is increasing, it's becoming more recognized by both patients and families. As end-of-life care becomes more holistic and focused on systemic well-being, grief counselling and spiritual counselling and therapy sessions are being incorporated into hospice program services.

Global Hospice Market By Application (Bn)

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Hospice Market Regional Insights

Why Does North America Lead the Hospice Market?

As per the 2024 hospice market regional forecast, North America led the hospice market due to its well-established healthcare infrastructure supportive regulatory environment and the high awareness and acceptance of hospice and palliative care services. The United States has the highest robust framework in place through Medicare’s Hospice Benefit which covers a wide range of services including nursing physician care, counselling and medical equipment for the treatment of ill patients. This comprehensive reimbursement system has significantly reduced the financial barriers and helps to allow more patients to access hospice care, especially in home settings which are the most preferred in the region.

U.S. Hospice Market

The US hospice industry remains a healthy sector, with growth is fuelled by Medicare's comprehensive hospice benefit which combined with the national availability accounts for the breadth of services including numerous nurse visits, physician care, counselling and medical equipment for dying patients. The U.S. is also a leader in tele hospice and other digital health integration which allows for care in rural and underserved communities and promotes care efficiency and outreach for hospice providers. Large companies like Amedisys, VITAS Healthcare and Inhabit Home Health & Hospice continue to innovate and expand geographically which strengthens the U.S. dominant position in this global market.

Canada Hospice Market

Canada's digital hospice market is experiencing steady growth especially in Toronto and Vancouver. The Canadian Hospice Palliative Care Association (CHPCA) champions and supports initiatives involving, hospice care in Canada. Their fact sheet highlights hospice palliative care in Canada, along with pertinent information for potential patients, caregivers and clinical professionals. The growth is driven by the aging population, increased prevalence of chronic illnesses and the growing emphasis on patient cantered end of life care.

Why Asia-Pacific Is the Fastest Growing Region in Hospice Market?

As per the hospice market outlook, Asia-Pacific is the fastest-growing region because its growth is fueled by significant population aging, increasing incidences of cancer and chronic disease, and changing cultural acceptance of palliative care. Japan, Australia and South Korea have come a long way in developing hospice programs that are supported by national healthcare funding mechanisms and the increasing interest of NGOs.

Japan Hospice Market

The Japanese hospice industry is known for its application in population as over 30% of Japan's population is aged, which leads to increasing demand for end-of-life care services including cancer and chronic respiratory illness. To confront that demand the government of Japan has developed the initiative the Palliative Care Implementation Plan, which will expand accessibility disseminate appropriate treatment and embed palliative care medicine into health care. Advanced technology and tele health specifically remote patient monitoring will help Japan to continue its transition of its palliative care system, because the continuation of care could be facilitated to the rural and underserved.

China Hospice Market

The China hospice industry is known for its application in population, which leads to increasing demand for end-of-life care services including cancer and chronic respiratory illness. The Chinese government has now included hospice services as part of its national health agenda, including community based palliative care services and long-term care services into public hospitals and other long term care facilities. Additionally, non-government organizations (NGOS) and academic institutions have been involved in training medical staff and stimulating public education around hospice services.

How Is Europe Balancing Innovation in Hospice Market?

Europe is an advanced but developing region as per the hospice market regional outlook. The region is witnessing digital health services primarily through telemedicine monitoring remotely, and assessment of hospice services with artificial intelligence is booming. With these digital health services providers can see if a patient's health modifies the delivery of treatment and medication in real time, and to communicate better with families. In general patients can access hospice care and receive quality end-of-life care, where the family is meaningfully involved.

UK Hospice Market

Hospital hospice services are now the fastest growing area of long-term care in the UK. This is attributable to many things, especially the National Health Service (NHS) trying to realize a more integrated approach to end-of-life care through palliative care services, that allow patients to access care in their homes. Also, there is a shift in hospices toward home based hospice care, supported by telehealth and health digital technologies that enhance remote monitoring and virtual appointments.

Netherlands Hospice Market

In Netherlands several advancements of technology have been done. The government is an enabler of hospice services with clearly articulated regulatory policies and funding backing, while the providers (e.g. Careyn, Cordaan, Home Instead) provide care delivered in various settings. Current trends are oriented in the direction of tele hospice services, and the trend towards providing palliative care at home, both of which align with comfort for patients and minimizing costs.

Germany Hospice Market

The hospice market in Germany is growing rapidly in area due to an aging population, higher rates of chronic illnesses, home-based palliative care being the preferred setting for patients. The hospice service sector is one of the growing sectors in the country. Germany's healthcare systems will continue to be reshaped by shifting demands for more patient-centered, tailored and compassionate end-of-life care in familiar places. The demand for hospice services underscores the ongoing importance of accessible, patient-centered hospice services.

Global Hospice Market
  • Largest
  • Fastest
 

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Hospice Market Dynamics

Hospice Market Drivers

Advances in Technology

  • The hospice industry trend is experiencing a dramatic change fuelled by rapid advancements in technology that help revolutionize the hospice industry by improving the quality of access and delivering end-of-life care. Tele hospice services electronic health records (EHRs) and remote patient monitoring help streamline and coordinate care across multiple healthcare providers, while also allowing personalized and immediate assistance to the patients wherever they are in end-of-life care at home.

Integration of Smart Cities with Government Plans

  • Governments around the world have made substantial investments in smart city initiatives that promote the integration of smart cities, and government initiatives are developing into a legitimate catalyst in the hospice market. As governments intend to use intelligent infrastructure for better public health and quality of life, hospice and palliative care services are becoming integrated into a wider digital health ecosystem. In many cases, the smart city initiatives will support either an integrated health system, a shared digital patient record, or shared data in real time to support more coordinated and effective delivery of hospice.

Hospice Market Restraints

Costly up-Front Investment of Funds

  • The high cost of investment required to create and sustain high-quality hospice care is one of the strongest constraining factors in this market. Whether it is a stand-alone hospice provider, or an integral health-system hospice, the upfront costs for infrastructure, medical equipment, human capital, training, and technology implementation, will tax any hospice provider’s capability to provide the best quality care possible. Digital and telehealth solutions offer important improvements in the way care can be provided. They require significant initial investment for hardware and platforms, so they are not available in pockets of low resource regions.

Data Security and Customer Privacy Concerns

  • Stricter rules, such as the EU's GDPR and similar regulations in the hospice segment, particularly as digital health technologies become more embedded into the delivery of care. More hospice providers rely on electronic health records (EHR), telehealth systems, and remote monitoring networks that collect and send sensitive patient data. This expands the potential for data breaches, unauthorized access or cyberattacks that could jeopardize patient confidentiality and trust. In some jurisdictions, such as the European Union including the Netherlands, compliance frameworks such as the General Data Protection Regulation (GDPR), place rigorous obligations on storing processing and sharing personal health information.

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Hospice Market Competitive Landscape

The global hospice industry is highly competitive and notably dynamic. A shift towards home-based hospice care is taking place with tele hospice services and health technologies, but being regulations compliant, and resource constrained in many regions is still a significant barrier.

  • Healthians (founded in April 2015): Healthians, an Indian health-tech company specializing in at-home diagnostic services, was launched in April 2015. Healthians applied technology to improve service and user experience. As part of this, the company launched the AI-powered Smart Report which included a feature called "Ask AISHA," an AI-based app, to help users better understand their health test results by interpreting medical terminology and parameters for the user. In addition, Healthians developed a tailored video report for the user through their AI video analysis feature. This on-demand personalized summary of diagnostic reports simplifies complex medical data for the user. Healthians utilize data analytics services through Amazon web services which include (AWS Glue, Redshift, and SageMaker) on the backend to handle large amounts of data.

Top Player’s Company Profiles

  • Covenant Care (US) 
  • National Association for Home Care & Hospice (US) 
  • PruittHealth (US) 
  • Dierksen Hospice (US) 
  • Samaritan Health Services (US) 
  • National Hospice and Palliative Care Organization (US) 
  • Oklahoma Palliative & Hospice Care (US) 
  • Alzheimer's Association (US) 
  • Brookdale Senior Living Inc. (US) 
  • EXTENDICARE (Canada) 
  • Golden LivingCenters (US) 
  • The Ensign Group, Inc. (US) 
  • Living Assistance Services, Inc (Canada)

Recent Developments in Hospice Market

  • In early 2024, Amedisys ran a pilot leveraging voice-based Natural Language Processing (NLP) applications to respond to patient-reported symptoms in real-time. This technology enabled Amedisys to adjust care plans dynamically, providing timely and customized interventions. With this innovation, Amedisys can enhance patient outcomes, create efficiencies for caregivers, and create a formidable position in the competitive landscape of the emerging hospice industry. This is yet another example of the shift toward data-driven, patient-centered hospice care.
  • In mid-2024, Golden LivingCenters recently unveiled their new telehospice platforms and interoperable electronic health records (EHR) systems, improving their hospice care. It was one of the first home health agencies to use predictive analytics for pain management based on historical patient data.
  • In mid-2024, Covenant Care released a virtual care platform to allow health care workers to see patients remotely from a rural or home-based position, which improves access to specialized care. They also integrated a smart wearable device to visualize all involved vital signs and notice any declines in real-time to allow an alert to possible declines of the individual or an emergency.

Hospice Key Market Trends

Hospice Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the hospice market trend is rapidly evolving driven in chiefly by mounting requirements for end-of-life. However, the cost of implementing high level systems is a significant hindrance. North America is the market leader due to the strength of its healthcare infrastructure and research and development spending, and optical tracking systems are the technology leaders. Artificial intelligence and augmented reality integration is the most revolutionary trend, since it has the potential to improve end-of-life outcomes through computer vision, and real time navigation. Despite the economic recession felt in some markets, the hospice market will be expanding in the near future.

Report Metric Details
Market size value in 2023 USD 75.3 billion
Market size value in 2032 USD 169.02 billion
Growth Rate 9.4%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Services
    • Nursing Services
    • Medical Supply Services
    • Counseling Services
    • Short Term Inpatient Services
    • Physician Services
    • Others
  • Care Type
    • Acute Care
    • Respite Care
  • Application
    • Home Settings
    • Hospitals
    • Specialty Nursing Homes
    • Hospice Care Centres
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Covenant Care (US) 
  • National Association for Home Care & Hospice (US) 
  • PruittHealth (US) 
  • Dierksen Hospice (US) 
  • Samaritan Health Services (US) 
  • National Hospice and Palliative Care Organization (US) 
  • Oklahoma Palliative & Hospice Care (US) 
  • Alzheimer's Association (US) 
  • Brookdale Senior Living Inc. (US) 
  • EXTENDICARE (Canada) 
  • Golden LivingCenters (US) 
  • The Ensign Group, Inc. (US) 
  • Living Assistance Services, Inc (Canada)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Hospice Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Hospice Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Hospice Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Hospice Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Hospice Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Hospice Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Hospice Market size was valued at USD 41.2 billion in 2023 and is poised to grow from USD 44.8 billion in 2024 to USD 76.5 billion by 2032, growing at a CAGR of 7.5% during the forecast period (2025-2032).

'covenant Care. (US)', 'National Association for Home Care & Hospice. (US)', 'Kindred Healthcare, LLC (US)', 'PruittHealth (US)', 'Dierksen Hospice (US)', 'Samaritan Health Services. (US)', 'national Hospice and Palliative Care Organization (US)', 'Oklahoma Palliative & Hospice Care. (US)', 'Alzheimer's Association (US)', 'VITAS Healthcare (US)•LHC Group, Inc. (US)', 'Amedisys. (US)', 'Brookdale Senior Living Inc. (US)', 'EXTENDICARE. (Canada)', 'Golden LivingCenters (US)', 'HCR ManorCare USA, Inc. (US)'

The hospice industry trend is experiencing a dramatic change fuelled by rapid advancements in technology that help revolutionize the hospice industry by improving the quality of access and delivering end-of-life care. Tele hospice services electronic health records (EHRs) and remote patient monitoring help streamline and coordinate care across multiple healthcare providers, while also allowing personalized and immediate assistance to the patients wherever they are in end-of-life care at home.

Shift Toward Home-Based and Community-Centered Care: The shift to home-based hospice programs is increasing for patients, because they feel more at ease at home. Telehealth and remote monitoring are changing the delivery of care models of hospice services, by allowing patients to receive their completed plan of care remotely, while still receiving complete care. The increasing trend of using home-based hospice to improve patient satisfaction and even decrease hospital admissions in patients, demonstrating improved care.

Why Does North America Lead the Hospice Market?

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