PUBLISHER: KBV Research | PRODUCT CODE: 1472469
PUBLISHER: KBV Research | PRODUCT CODE: 1472469
North America Palliative Care Market Size, Share & Trends Analysis Report By Age (Adult, and Pediatric), By Condition (Cancer, Cardiovascular Diseases, Chronic Respiratory Diseases, and Others), By Provider, By Country and Growth Forecast, 2024 - 2031
The North America Palliative Care Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Palliative Care Market by Country in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,888.1 million by 2031. The Canada market is showcasing a CAGR of 9.8% during (2024 - 2031). Additionally, The Mexico market would capture a CAGR of 8.9% during (2024 - 2031).
Palliative care, an interdisciplinary healthcare approach that prioritizes enhancing the quality of life for individuals afflicted with severe illnesses, has become an integral component of patient-centered care. Rooted in the principles of compassion, dignity, and holistic support, palliative care addresses patients' and their families' physical, emotional, social, and spiritual needs, offering comfort, symptom management, and psychosocial support throughout the illness trajectory.
In light of escalating chronic disease burdens, expanding populations undergoing palliative care, and altering healthcare priorities, the palliative care market is positioned to experience substantial growth and innovation. As per Statistics Canada, in 2022, there were 7,330,605 people aged 65 and older in Canada.
As per the data provided in 2023 by the Government of Canada, in order to enhance health care services for Canadians, the government announced a $196.1 billion investment over 10 years, including $46.2 billion in extra financing for the provinces and territories. In addition, it will invest $2.5 billion over ten years to support indigenous priorities and complementary federal support, for a total of $198.6 billion over ten years. Hence, the rising healthcare sector and cancer cases in North America will boost the demand for palliative care in the coming years.
Based on Age, the market is segmented into Adult, and Pediatric. Based on Condition, the market is segmented into Cancer, Cardiovascular Diseases, Chronic Respiratory Diseases, and Others. Based on Provider, the market is segmented into Hospitals & Clinics, Nursing Homes, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amedisys, Inc.
- Honor Technology Inc. (Home Instead, Inc.)
- Genesis Healthcare, Inc.
- Lifepoint Health, Inc. (Gentiva Health Services)
- VITAS Healthcare Corporation (Chemed Corporation)
- Sunrise Senior Living
- Fonthill House
- Baptist Health
North America Palliative Care Market Report Segmentation
By Age
- Adult
- Pediatric
By Condition
- Cancer
- Cardiovascular Diseases
- Chronic Respiratory Diseases
- Others
By Provider
- Hospitals & Clinics
- Nursing Homes
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Palliative Care Market, by Age
- 1.4.2North America Palliative Care Market, by Condition
- 1.4.3North America Palliative Care Market, by Provider
- 1.4.4North America Palliative Care Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.North America Palliative Care Market by Age
- 4.1North America Adult Market by Country
- 4.2North America Pediatric Market by Country
Chapter 5.North America Palliative Care Market by Condition
- 5.1North America Cancer Market by Country
- 5.2North America Cardiovascular Diseases Market by Country
- 5.3North America Chronic Respiratory Diseases Market by Country
- 5.4North America Others Market by Country
Chapter 6.North America Palliative Care Market by Provider
- 6.1North America Hospitals & Clinics Market by Country
- 6.2North America Nursing Homes Market by Country
- 6.3North America Others Market by Country
Chapter 7.North America Palliative Care Market by Country
- 7.1US Palliative Care Market
- 7.1.1US Palliative Care Market by Age
- 7.1.2US Palliative Care Market by Condition
- 7.1.3US Palliative Care Market by Provider
- 7.2Canada Palliative Care Market
- 7.2.1Canada Palliative Care Market by Age
- 7.2.2Canada Palliative Care Market by Condition
- 7.2.3Canada Palliative Care Market by Provider
- 7.3Mexico Palliative Care Market
- 7.3.1Mexico Palliative Care Market by Age
- 7.3.2Mexico Palliative Care Market by Condition
- 7.3.3Mexico Palliative Care Market by Provider
- 7.4Rest of North America Palliative Care Market
- 7.4.1Rest of North America Palliative Care Market by Age
- 7.4.2Rest of North America Palliative Care Market by Condition
- 7.4.3Rest of North America Palliative Care Market by Provider
Chapter 8.Company Profiles
- 8.1Amedisys, Inc.
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental Analysis
- 8.1.4SWOT Analysis
- 8.2Honor Technology Inc. (Home Instead, Inc.)
- 8.2.1Company Overview
- 8.2.2SWOT Analysis
- 8.3Genesis Healthcare, Inc.
- 8.3.1Company Overview
- 8.3.2SWOT Analysis
- 8.4Lifepoint Health, Inc. (Gentiva Health Services)
- 8.4.1Company Overview
- 8.4.2SWOT Analysis
- 8.5VITAS Healthcare Corporation (Chemed Corporation)
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental Analysis
- 8.5.4SWOT Analysis
- 8.6Sunrise Senior Living
- 8.6.1Company Overview
- 8.6.2SWOT Analysis
- 8.7Fonthill House
- 8.7.1Company Overview
- 8.8Baptist Health
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
LIST OF TABLES
- TABLE 1North America Palliative Care Market, 2020 - 2023, USD Million
- TABLE 2North America Palliative Care Market, 2024 - 2031, USD Million
- TABLE 3North America Palliative Care Market by Age, 2020 - 2023, USD Million
- TABLE 4North America Palliative Care Market by Age, 2024 - 2031, USD Million
- TABLE 5North America Adult Market by Country, 2020 - 2023, USD Million
- TABLE 6North America Adult Market by Country, 2024 - 2031, USD Million
- TABLE 7North America Pediatric Market by Country, 2020 - 2023, USD Million
- TABLE 8North America Pediatric Market by Country, 2024 - 2031, USD Million
- TABLE 9North America Palliative Care Market by Condition, 2020 - 2023, USD Million
- TABLE 10North America Palliative Care Market by Condition, 2024 - 2031, USD Million
- TABLE 11North America Cancer Market by Country, 2020 - 2023, USD Million
- TABLE 12North America Cancer Market by Country, 2024 - 2031, USD Million
- TABLE 13North America Cardiovascular Diseases Market by Country, 2020 - 2023, USD Million
- TABLE 14North America Cardiovascular Diseases Market by Country, 2024 - 2031, USD Million
- TABLE 15North America Chronic Respiratory Diseases Market by Country, 2020 - 2023, USD Million
- TABLE 16North America Chronic Respiratory Diseases Market by Country, 2024 - 2031, USD Million
- TABLE 17North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 18North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 19North America Palliative Care Market by Provider, 2020 - 2023, USD Million
- TABLE 20North America Palliative Care Market by Provider, 2024 - 2031, USD Million
- TABLE 21North America Hospitals & Clinics Market by Country, 2020 - 2023, USD Million
- TABLE 22North America Hospitals & Clinics Market by Country, 2024 - 2031, USD Million
- TABLE 23North America Nursing Homes Market by Country, 2020 - 2023, USD Million
- TABLE 24North America Nursing Homes Market by Country, 2024 - 2031, USD Million
- TABLE 25North America Others Market by Country, 2020 - 2023, USD Million
- TABLE 26North America Others Market by Country, 2024 - 2031, USD Million
- TABLE 27North America Palliative Care Market by Country, 2020 - 2023, USD Million
- TABLE 28North America Palliative Care Market by Country, 2024 - 2031, USD Million
- TABLE 29US Palliative Care Market, 2020 - 2023, USD Million
- TABLE 30US Palliative Care Market, 2024 - 2031, USD Million
- TABLE 31US Palliative Care Market by Age, 2020 - 2023, USD Million
- TABLE 32US Palliative Care Market by Age, 2024 - 2031, USD Million
- TABLE 33US Palliative Care Market by Condition, 2020 - 2023, USD Million
- TABLE 34US Palliative Care Market by Condition, 2024 - 2031, USD Million
- TABLE 35US Palliative Care Market by Provider, 2020 - 2023, USD Million
- TABLE 36US Palliative Care Market by Provider, 2024 - 2031, USD Million
- TABLE 37Canada Palliative Care Market, 2020 - 2023, USD Million
- TABLE 38Canada Palliative Care Market, 2024 - 2031, USD Million
- TABLE 39Canada Palliative Care Market by Age, 2020 - 2023, USD Million
- TABLE 40Canada Palliative Care Market by Age, 2024 - 2031, USD Million
- TABLE 41Canada Palliative Care Market by Condition, 2020 - 2023, USD Million
- TABLE 42Canada Palliative Care Market by Condition, 2024 - 2031, USD Million
- TABLE 43Canada Palliative Care Market by Provider, 2020 - 2023, USD Million
- TABLE 44Canada Palliative Care Market by Provider, 2024 - 2031, USD Million
- TABLE 45Mexico Palliative Care Market, 2020 - 2023, USD Million
- TABLE 46Mexico Palliative Care Market, 2024 - 2031, USD Million
- TABLE 47Mexico Palliative Care Market by Age, 2020 - 2023, USD Million
- TABLE 48Mexico Palliative Care Market by Age, 2024 - 2031, USD Million
- TABLE 49Mexico Palliative Care Market by Condition, 2020 - 2023, USD Million
- TABLE 50Mexico Palliative Care Market by Condition, 2024 - 2031, USD Million
- TABLE 51Mexico Palliative Care Market by Provider, 2020 - 2023, USD Million
- TABLE 52Mexico Palliative Care Market by Provider, 2024 - 2031, USD Million
- TABLE 53Rest of North America Palliative Care Market, 2020 - 2023, USD Million
- TABLE 54Rest of North America Palliative Care Market, 2024 - 2031, USD Million
- TABLE 55Rest of North America Palliative Care Market by Age, 2020 - 2023, USD Million
- TABLE 56Rest of North America Palliative Care Market by Age, 2024 - 2031, USD Million
- TABLE 57Rest of North America Palliative Care Market by Condition, 2020 - 2023, USD Million
- TABLE 58Rest of North America Palliative Care Market by Condition, 2024 - 2031, USD Million
- TABLE 59Rest of North America Palliative Care Market by Provider, 2020 - 2023, USD Million
- TABLE 60Rest of North America Palliative Care Market by Provider, 2024 - 2031, USD Million
- TABLE 61Key Information - Amedisys, Inc.
- TABLE 62Key Information - Honor Technology Inc.
- TABLE 63Key Information - Genesis Healthcare, Inc.
- TABLE 64Key Information - Lifepoint Health, Inc.
- TABLE 65Key Information - VITAS Healthcare Corporation
- TABLE 66Key Information - Sunrise Senior Living
- TABLE 67Key Information - Fonthill House
- TABLE 68Key Information - Baptist Health
