Palliative Care Market Growth 2020-2027

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Palliative Care Market To Reach USD 6.10 Billion
By 2027
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Market Summary
The rising incidence rate of life-threatening
diseases, developments in certification for
palliative care, and the increasing number of
geriatric population have resulted in boosting
the Palliative Care market. Market Size USD
2.95 Billion in 2018, Market Growth - CAGR of
8.0, Market Trends The rising demand for
Palliative Care for treating Alzheimers
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Our Approach
Market Summary

• The Global Palliative Care market is forecast to
  reach USD 6.10 Billion by 2027, according to a
  new report by Reports and Data. Palliative care
  can be described as a specialized form of health
  care service provided to patients having serious
  illnesses. The focus of this care service is on
  providing relief from symptoms of particular
  ailments and stress related to life-threatening
  conditions. The patient, as well as their family
  members, undergoes this treatment to cope up with
  the condition in an effective manner. The care
  service is provided by trained specialists,
  doctors, and nurses specializing in this field.
  The focus of the treatment is to help patients
  gain strength to conduct daily activities coping
  with the depression or burden of the
  life-threatening condition. The care service is
  usually provided to patients suffering from
  stress of life threatening conditions like
  Parkinsons, Amyotrophic Lateral Sclerosis (ALS),
  kidney disease, Alzheimers, cancer, among
  others. This treatment helps in treating
  difficulty in sleeping, anxiety, nausea, loss of
  appetite, shortness of breath, fatigue,
  depression, constipation, which are resultant of
  severe ailments. Life-threatening conditions can
  result in a feeling of great grief and give up on
  life, which harm the health status of patients.
• Key participants include Skilled Healthcare Group
  Incorporated, Vitas Healthcare Corporation,
  Kindred Healthcare Incorporated, Sunrise Senior
  Living LLC, Home Instead Senior Care
  Incorporated, Gentiva Health Services
  Incorporated, Genesis HealthCare Corporation,
  Amedisys Incorporated, GGNSC Holdings LLC and
  Senior Care Centers of America.
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Our Approach
Market Summary

• For the purpose of this report, Reports and Data
  have segmented the global Palliative Care market,
  according to Care Type, Application, End-user,
  and Region
• Care Type Outlook (Revenue, USD Billion
  2016-2027)
• Hospital Inpatient Care
• Private Resident Car
• Hospice Resident Care
• Nursery and Residential Facility Car
• Others
• Application Outlook (Revenue, USD Billion
  2016-2027)
• Cancer
• Chronic obstructive pulmonary disease (COPD)
• Cardiac diseases
• Alzheimers
• Parkinsons
• Kidney failure
• Amyotrophic Lateral Sclerosis (ALS)
• Others

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Our Approach
Market Summary

• End-user Outlook (Revenue, USD Billion
  2016-2027)
• Hospital
• Palliative care centers
• Home care settings
• Long-term care centers Rehabilitation Centers
• Regional Outlook (Revenue, USD Billion
  2016-2027)
• North America
• Europe
• Asia Pacific
• MEA
• Latin America
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Our Approach
Market Summary

• Further key findings from the report suggest
• The Palliative Care market held a market share of
  USD 2.95 Billion in the year 2018 that is
  forecasted to grow at a rate of 8.0 during the
  forecast period.
• Technological advancements in the healthcare
  sector is also fostering the market growth. One
  of such mentionable advancement is remote
  monitoring. Sensors in wearable devices like
  smartwatches transmits signal to the health care
  team, about the status of patients like when a
  patient has fallen over. As elaborated by the
  Institute of Electrical and Electronic Engineers,
  in the November 2016 edition of IEEE Pulse
  magazine, remote monitoring via wearable sensors
  helps in predicting the probability of falls,
  detect changes in movement and send alerts to
  caregivers promptly. These advancements help in
  enhancing the quality of care services.
• In context to Care Type, the Hospice Resident
  Care segment is projected to witness the fastest
  growth rate of 11.3 during the forecast period,
  which expected to hold, 14.5 of the market by
  2027. The growth rate witnessed by the Hospice
  Resident Care segment is attributed to the
  increasing awareness about the importance of this
  care in life-threatening conditions and elevating
  number of residential hospice, particularly in
  developing region, which is contributing to the
  growth rate witnessed by this segment.
• Read More _at_ https//www.reportsanddata.com/report
  -detail/palliative-care-market

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Our Approach
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