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The hospice market size is forecast to increase by USD 111.1 billion at a CAGR of 4.88% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing geriatric population and a heightened focus on person-centred care in hospice settings. With the ageing population expanding, the demand for hospice programs is on the rise. Furthermore, the integration of medical equipment, digital health solutions, and electronic health records into hospice care is transforming the industry. Collaborative care models, which focus on interdisciplinary collaboration among healthcare providers, are becoming increasingly popular. These models prioritize effective communication and coordination among various healthcare professionals to ensure comprehensive care for patients. The pediatric hospice segment is also gaining traction, as specialized care for this population becomes more widely available.
Despite these opportunities, the high cost of healthcare remains a challenge for the market, as many patients face financial barriers to accessing necessary services. Overall, the market is poised for growth, as it adapts to the evolving healthcare landscape and prioritizes patient-centered care.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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