Hospice Care Global Market Report 2024

Hospice Care Global Market Report 2024 – By Type (Nursing Services, Medical Supply Services, Physician Services, Other Type Of Services), By Application (Home Settings, Hospitals, Specialty Nursing Homes, Hospice Care Centers) – Market Size, Trends, And Global Forecast 2024-2033

Name: Hospice Care Global Market Report 2024
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Hospice Care Global Market Report 2024

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Hospice Care Market Definition

Hospice care is a special kind of care that focuses on improving the quality of life for people who are experiencing an advanced, life-limiting illness or their caregivers. The main goal of hospice care services is to comfort the patients while allowing them to enjoy their last stage of life.

The main types of hospice care are nursing, medical supply, physician services, and other services. Nursing services refer to assigning case manager nurses to a hospice patient. Nursing services are used for nursing care, in which nurses visit patients one to three days a week. Caregivers can also access an on-call nurse 24 hours daily, depending on the need. Home settings, hospitals, specialty nursing homes, and hospice care centers are the applications of hospice care.

Hospice Care Market Segmentation

The hospice care market covered in this report is segmented –

1) By Type: Nursing Services, Medical Supply Services, Physician Services, Other Type Of Services

2) By Application: Home Settings, Hospitals, Specialty Nursing Homes, Hospice Care Centres

Global Hospice Care Market Size 2023 to 2028: Graph

Hospice Care Market Size 2024 And Growth Rate

The hospice care market size has grown rapidly in recent years. It will grow from $4.21 billion in 2023 to $4.73 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increase in aging population, increase in terminal illnesses, adoption of palliative care approach, increase in medicare coverage, rise in home-based care.

Hospice Care Market Growth Forecast

The hospice care market size is expected to see rapid growth in the next few years. It will grow to $7.31 billion in 2028 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to continued aging population, chronic illness management, increasing telehealth integration, increasing regulatory changes, rising regulatory changes. Major trends in the forecast period include personalized care plan, holistic approach, pediatric hospice care, bereavement support, quality and outcome measures.

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Hospice Care Market Driver: The Growth Of The Hospice Care Market Fueled By Rising Prevalence Of Chronic Diseases

The rise in the prevalence of chronic diseases is expected to propel the growth of the hospice care market going forward. Chronic diseases refer to conditions lasting a year or more, requiring ongoing medical care, or limiting daily life activities. Chronic diseases are increasing due to the increasing use of tobacco products, poor nutrition, physical inactivity, excessive use of alcohol, and others. Hospice care is opted by several patients suffering from severe chronic diseases, including cancer. For instance, in September 2023, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million fatalities, constituting 74% of the total deaths attributed to non-communicable diseases (NCDs) or chronic conditions worldwide each year. These fatalities encompassed 17.9 million deaths due to cardiovascular diseases, 9.3 million fatalities related to cancer, 4.1 million deaths associated with chronic respiratory diseases, and 2.0 million deaths resulting from diabetes. Therefore, a rise in the prevalence of chronic diseases is expected to drive the growth of the hospice care market.

Hospice Care Market Driver: The Rise In The Aging Population Drives The Growth Of The Hospice Care Market

The rise in the aging population is expected to propel the growth of the hospice care market. An aging population refers to a demographic shift characterized by a growing proportion of elderly individuals within a society, often resulting from increased life expectancy and declining birth rates. Hospice care provides specialized support and comfort for the aging population with terminal illnesses, emphasizing quality of life and pain management in their final stages. For instance, in October 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, the global population of individuals aged 60 years and above is projected to double by 2050, reaching 2.1 billion, while the number of people aged 80 years or older is anticipated to triple from 2020 to 2050, reaching 426 million. Therefore, the rise in the aging population is driving the growth of the hospice care market.

Global Hospice Care Market Major Players

Major companies operating in the hospice care market include Dierksen Hospice, Kindred at Home, National Association for Home Care and Hospice, PruittHealth Inc., Covenant Care, AseraCare Hospice, Bristol Hospice, Brookdale Hospice, Capital Caring, Community Hospice & Palliative Care, Compassus, Continuum Care Hospice, Crossroads Hospice, Encompass Health Corp., Four Seasons Hospice, Gentiva Hospice, Gilchrist Hospice Care, Grace Hospice, Halcyon Hospice & Palliative Care, Harbor Light Hospice, Heartland Hospice, Hope Hospice, Hospice of Dayton, Hospice of the Chesapeake, Hospice of the Valley, Odyssey Healthcare, Ohio's Hospice, Pathways Home Health and Hospice, Premier Hospice and Palliative Care, Seasons Hospice & Palliative Care, Suncoast Hospice, Tidewell Hospice, VITAS Healthcare

Global Hospice Care Market Trend: New Technology Innovations Revolutionizing Hospice Care

New technology penetration is the key trend in the hospice care market. Major companies operating in the market are introducing new technological innovations such as using new machine learning tools to identify patients who need their services earlier in their illness and ensure that patients receive the appropriate level of home care as their illness progresses. For instance, in February 2022, Amedisys Inc., a US-based hospice provider, adopted Medalogix’s Muse, which enables better end-of-life care for patients by using machine learning to predict patient transitions. Amedisys In focuses on the last seven days of patient transition through this enterprise deployment. In addition to identifying more patients who require greater levels of care, Muse also better prepares the care team to take action.

Global Hospice Care Market Trend: Increasing Focus On Introducing Home-Based Hospice Service To Gain A Competitive Edge

Major companies operating in the hospice care market are focused on developing innovative solutions such as, home-based hospice services to gain a competitive edge in the market. Home-based hospice services provide specialized medical care, emotional support, and comfort to terminally ill individuals in the familiarity and comfort of their own homes, enhancing their quality of life during the final stages of illness. For instance, in July 2023, Kaiser Permanente, a US-based healthcare company, launched a home-based hospice service known as Care at Home. This service enables members with serious illnesses to receive care in the comfort of their own homes. This program is a component of Kaiser Permanente's integrated care delivery model, which strives to offer comprehensive options for patients throughout their entire care journey. The Care at Home program is administered through specialized command centers led by physician-led teams, who remotely coordinate patient care, supplemented by in-home visits.

Hospice Care Market Merger And Acquisition: Traditions Health Homestead Hospice And Palliative Care

In December 2021, Traditions Health, a US-based hospice and home health services provider, acquired Homestead Hospice and Palliative Care for an undisclosed amount. With this acquisition, Traditions Health will develop and spread its end-of-life care across the country while maintaining the ongoing and regular provision of the highest caliber of care for our patients. Homestead Hospice and Palliative Care is a Georgia-based service provider of hospice care and palliative care.

Regional Outlook For The Global Hospice Care Market

North America was the largest region in the hospice care market in 2023. The regions covered in the hospice care market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the hospice care market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The hospice care market includes revenues earned by entities by providing palliative care services, home and inpatient care services, spiritual care services, and coordination care services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The hospice care market research report is one of a series of new reports from The Business Research Company that provides hospice care market statistics, including hospice care industry global market size, regional shares, competitors with a hospice care market share, detailed hospice care market segments, market trends and opportunities, and any further data you may need to thrive in the hospice care industry. This hospice care market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Hospice Care Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$4.73 billion
Revenue Forecast In 2033	$7.31 billion
Growth Rate	CAGR of 11.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Nursing Services, Medical Supply Services, Physician Services, Other Type Of Services 2) By Application: Home Settings, Hospitals, Specialty Nursing Homes, Hospice Care Centers
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Dierksen Hospice; Kindred at Home; National Association for Home Care and Hospice; PruittHealth Inc.; Covenant Care; AseraCare Hospice; Bristol Hospice; Brookdale Hospice; Capital Caring; Community Hospice & Palliative Care; Compassus; Continuum Care Hospice; Crossroads Hospice; Encompass Health Corp.; Four Seasons Hospice; Gentiva Hospice; Gilchrist Hospice Care; Grace Hospice; Halcyon Hospice & Palliative Care; Harbor Light Hospice; Heartland Hospice; Hope Hospice; Hospice of Dayton; Hospice of the Chesapeake; Hospice of the Valley; Odyssey Healthcare; Ohio's Hospice; Pathways Home Health and Hospice; Premier Hospice and Palliative Care; Seasons Hospice & Palliative Care; Suncoast Hospice; Tidewell Hospice; VITAS Healthcare
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1. Executive Summary

2. Hospice Care Market Characteristics

3. Hospice Care Market Trends And Strategies

4. Hospice Care Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market

4.2. Ukraine-Russia War Impact On the Market

4.3. COVID-19 Impact On the Market

5. Global Hospice Care Market Size and Growth

5.1. Global Hospice Care Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Hospice Care Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Hospice Care Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Hospice Care Market Segmentation

6.1. Global Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Nursing Services

Medical Supply Services

Physician Services

Other Type Of Services

6.2. Global Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Home Settings

Hospitals

Specialty Nursing Homes

Hospice Care Centres

7. Hospice Care Market Regional And Country Analysis

7.1. Global Hospice Care Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Hospice Care Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Hospice Care Market

8.1. Asia-Pacific Hospice Care Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Hospice Care Market

9.1. China Hospice Care Market Overview

9.2. China Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Hospice Care Market

10.1. India Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Hospice Care Market

11.1. Japan Hospice Care Market Overview

11.2. Japan Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Hospice Care Market

12.1. Australia Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Hospice Care Market

13.1. Indonesia Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Hospice Care Market

14.1. South Korea Hospice Care Market Overview

14.2. South Korea Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Hospice Care Market

15.1. Western Europe Hospice Care Market Overview

15.2. Western Europe Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Hospice Care Market

16.1. UK Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Hospice Care Market

17.1. Germany Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Hospice Care Market

18.4. France Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.5. France Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Hospice Care Market

19.7. Italy Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.8. Italy Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Hospice Care Market

20.10. Spain Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.11. Spain Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Hospice Care Market

21.1. Eastern Europe Hospice Care Market Overview

21.2. Eastern Europe Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Hospice Care Market

22.1. Russia Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Hospice Care Market

23.1. North America Hospice Care Market Overview

23.2. North America Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Hospice Care Market

24.1. USA Hospice Care Market Overview

24.2. USA Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Hospice Care Market

25.1. Canada Hospice Care Market Overview

25.2. Canada Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Hospice Care Market

26.1. South America Hospice Care Market Overview

26.2. South America Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Hospice Care Market

27.1. Brazil Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Hospice Care Market

28.1. Middle East Hospice Care Market Overview

28.2. Middle East Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Hospice Care Market

29.1. Africa Hospice Care Market Overview

29.2. Africa Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Hospice Care Market Competitive Landscape And Company Profiles

30.1. Hospice Care Market Competitive Landscape

30.2. Hospice Care Market Company Profiles

30.2.1. Dierksen Hospice

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Kindred at Home

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. National Association for Home Care and Hospice

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. PruittHealth Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Covenant Care

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Global Hospice Care Market Competitive Benchmarking

32. Global Hospice Care Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Hospice Care Market

34. Hospice Care Market Future Outlook and Potential Analysis

34.1 Hospice Care Market In 2028 - Countries Offering Most New Opportunities

34.2 Hospice Care Market In 2028 - Segments Offering Most New Opportunities

34.3 Hospice Care Market In 2028 - Growth Strategies

34.3.1 Market Trend Based Strategies

34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations

35.2. Currencies

35.3. Historic And Forecast Inflation Rates

35.4. Research Inquiries

35.5. The Business Research Company

35.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Hospice Care Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Hospice Care Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Dierksen Hospice Financial Performance

Table 52: Kindred at Home Financial Performance

Table 53: National Association for Home Care and Hospice Financial Performance

Table 54: PruittHealth Inc. Financial Performance

Table 55: Covenant Care Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Hospice Care Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Hospice Care Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Hospice Care Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Hospice Care Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Dierksen Hospice Financial Performance

Figure 52: Kindred at Home Financial Performance

Figure 53: National Association for Home Care and Hospice Financial Performance

Figure 54: PruittHealth Inc. Financial Performance

Figure 55: Covenant Care Financial Performance

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Frequently Asked Questions

What is the definition of the home standby gensetsmarket?

The home standby gensets also called generators for house usage can effortlessly transfer the process of supplying power to the home in the event of a power outage and then cease when the power is restored. It is used to provide power to households that experience regular power outages. For further insights on the home standby gensets market, request a sample here

How will the home standby gensets market drivers and restraints affect the home standby gensets market dynamics? What forces will shape the home standby gensets industry going forward?

The home standby gensets market major growth driver - rapid urbanization fuels growth in the home standby gensets market. For further insights on the home standby gensets market, request a sample here

What is the forecast market size or the forecast market value of the home standby gensets market ?

The home standby gensets market size has grown strongly in recent years. It will grow from $4.46 billion in 2023 to $4.83 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increase in power reliability, rise in extreme weather events, rise in aging electrical infrastructure, increased power dependency, increase in healthcare needs. The home standby gensets market size is expected to see strong growth in the next few years. It will grow to $6.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to increasing home electrification, increasing climate change and natural disasters, increasing aging population, increasing energy transition, rising energy resilience. Major trends in the forecast period include smart technology integration, natural gas and propane fuel options, enhanced transfer switches, whole-house backup, portable standby generators. For further insights on the home standby gensets market, request a sample here

How is the home standby gensets market segmented?

The home standby gensets market is segmented
1) By Product Type: Air Cooled, Liquid Cooled
2) By Fuel Type: Natural Gas, Diesel, Other Fuel Types
3) By Phase Type: Single Phase, Three PhaseFor further insights on the home standby gensets market, request a sample here

Which region has the largest share of the home standby gensets market? What are the other regions covered in the report?

North America was the largest region in the home standby gensets market in 2023. The regions covered in the home standby gensets market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the home standby gensets market, request a sample here.

Who are the major players in the home standby gensets market?

Major companies operating in the home standby gensets market include Cummins Inc., Briggs & Stratton Corp., Generac Holdings Inc., Caterpillar Inc., Honeywell International Inc., Eaton Corporation plc, Mahindra Powerol Ltd., Powerica Limited, HIMOINSA Yanmar Company, Ashok Leyland Ltd., Kirloskar Oil Engines Limited, Siemens AG, Kohler Co. Inc., Rolls-Royce Power Systems AG, MTU Onsite Energy GmbH, DuroMax Power Equipment, Atlas Corp., Doosan Portable Power, Gelec HK Limited, Aurora Generators Inc., J.C. Bamford Excavators Limited, RID GmbH, Nationstar Mortgage Holdings Inc., JS Power Solutions Pvt. Ltd., Champion Power Equipment Inc., Westinghouse Electric Corporation, Yamaha Motor Co. Ltd., Honda Motor Co. Ltd., Subaru Corporation, WEN Products Inc., Pulsar Products Inc., Buffalo Corporation, SUMEC Group For further insights on the home standby gensets market, request a sample here.

What are the key trends in the home standby gensets market?

Major trend in the home standby gensets market - strategic partnerships and collaborations drive innovation and expansion in the home standby gensets market. For further insights on the home standby gensets market, request a sample here.

What are the major opportunities in the home standby gensets market? What are the strategies for the home standby gensets market?

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How does the home standby gensets market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the home standby gensets industry?

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What are the key dynamics influencing the home standby gensets market growth? SWOT analysis of the home standby gensets market.

For detailed insights on the key dynamics influencing the home standby gensets market growth and SWOT analysis of the home standby gensets industry, request a sample here.