Market Overview:
The global terminal care market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and growing demand for home-based care. Based on type, the global terminal care market is segmented into routine home care, continuous home care, inpatient respite care, general inpatient care, and other. Routine homecare is further sub-segmented into personal hygiene services; nutrition and hydration; medication management; wound management; and other services. Continuous homecare is further sub-segmented into nursing services; respiratory therapy services; physical therapy services; occupational therapy services: social work/case management service ;and other continous health monitoring service . Inpatient respite care is further sub-segmented into short term stay (1-7 days) and long term stay (>7 days). General inpatient Care includes all types of long term hospitalization for terminally ill patients except hospice center which provides palliative end-of-life Care .
Product Definition:
The term "terminal care" is used to describe the specialized medical care that is provided to patients who are dying. This type of care can include palliative care, which focuses on relieving pain and other symptoms, as well as hospice care, which provides a supportive environment for patients who are nearing the end of their lives. Terminal care can be important for ensuring that patients receive the best possible quality of life in their final days or weeks.
Routine Home Care:
Routine home care is a form of non-medical home care that provides daily living assistance and other services to people who are unable to take care of themselves. It includes personal hygiene, bathing, dressing, meal preparation among others. The global routine home care market size was valued at USD 84 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Continuous Home Care:
Continuous home care is a form of non-medical or non-hospital based healthcare service that provides continuous assistance to patients in need. It is provided by specially trained and licensed professionals who provide daily meals, personal care, housekeeping services and help with activities of daily living. The service can be provided on an intermittent or permanent basis depending upon the needs of the patient.
Application Insights:
The general inpatient care segment dominated the market and accounted for a revenue share of over 40.0% in 2017. The growth can be attributed to an increase in the number of geriatric population, which is at a high risk of developing pressure ulcers and other complications due to bed sores. Terminal patients require around-the-clock care, which includes dressing changes, feeding assistance, hydration therapy and bathroom needs assistance among others. General hospital beds are designed with special mechanisms that allow easy transfer from a wheelchair or bed onto a toilet without aid; this feature allows family members or caregivers to assist their loved ones during medical procedures without getting injured themselves.
Hospice centers provide around-the clock services for terminally ill patients along with comfort services such as music therapy and art activities that help ease their pain while dying peacefully at home surrounded by family members or friends they have chosen as proxies under state laws regarding advance directives.
Regional Analysis:
North America dominated the global terminal care market in 2017. The presence of a large number of service providers, high awareness levels about palliative and end-of-life care, supportive government initiatives for quality healthcare at the community level are some factors driving growth in this region. Moreover, increasing life expectancy and growing geriatric population are also expected to drive demand for these services over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and rising disposable income especially in developing countries such as India & China & Malaysia among others. Furthermore, an increase in investments by governments for building better hospitals with advanced facilities is also expected to boost demand during the forecast period (2018 To 2030).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. As a result, there is an increasing demand for terminal care services to manage these conditions in the later stages of life.
- Rising geriatric population: The number of elderly people is growing rapidly due to the increase in life expectancy rates across the world. This has led to a corresponding rise in demand for terminal care services, as most elderly people require specialized care during their final years.
- Growing awareness about end-of-life issues: There has been a significant increase in awareness about end-of-life issues among consumers in recent years, thanks to campaigns by various NGOs and healthcare organizations worldwide. This has resulted in increased demand for terminal care services from individuals and families who want to ensure that their loved ones receive quality palliative care during their final days or weeks/months/years respectively .
Scope Of The Report
Report Attributes
Report Details
Report Title
Terminal Care Market Research Report
By Type
Routine Home Care, Continuous Home Care, Inpatient Respite Care, General Inpatient Care, Other
By Application
Hospice Center, Hospital, Home Hospice Care, Other
By Companies
Amedisys, Chemed Corp, Compassus, Crossroads Hospice and Palliative, Humana, ProMedica, Hospice of the Valley, Kindred Healthcare, Seasons Hospice & Palliative Care, Chemed Corp.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Terminal Care Market Report Segments:
The global Terminal Care market is segmented on the basis of:
Types
Routine Home Care, Continuous Home Care, Inpatient Respite Care, General Inpatient Care, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospice Center, Hospital, Home Hospice Care, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amedisys
- Chemed Corp
- Compassus
- Crossroads Hospice and Palliative
- Humana
- ProMedica
- Hospice of the Valley
- Kindred Healthcare
- Seasons Hospice & Palliative Care
- Chemed Corp.
Highlights of The Terminal Care Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Routine Home Care
- Continuous Home Care
- Inpatient Respite Care
- General Inpatient Care
- Other
- By Application:
- Hospice Center
- Hospital
- Home Hospice Care
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Terminal Care Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Terminal care is a type of long-term care that provides assistance with activities of daily living, such as bathing, dressing, and eating. Terminal care may also include help with medication management and other health needs.
Some of the major companies in the terminal care market are Amedisys, Chemed Corp, Compassus, Crossroads Hospice and Palliative, Humana, ProMedica, Hospice of the Valley, Kindred Healthcare, Seasons Hospice & Palliative Care, Chemed Corp..
The terminal care market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Terminal Care Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Terminal Care Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Terminal Care Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Terminal Care Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Terminal Care Market Size & Forecast, 2018-2028
4.5.1 Terminal Care Market Size and Y-o-Y Growth
4.5.2 Terminal Care Market Absolute $ Opportunity
Chapter 5 Global Terminal Care Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Terminal Care Market Size Forecast by Type
5.2.1 Routine Home Care
5.2.2 Continuous Home Care
5.2.3 Inpatient Respite Care
5.2.4 General Inpatient Care
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Terminal Care Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Terminal Care Market Size Forecast by Applications
6.2.1 Hospice Center
6.2.2 Hospital
6.2.3 Home Hospice Care
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Terminal Care Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Terminal Care Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Terminal Care Analysis and Forecast
9.1 Introduction
9.2 North America Terminal Care Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Terminal Care Market Size Forecast by Type
9.6.1 Routine Home Care
9.6.2 Continuous Home Care
9.6.3 Inpatient Respite Care
9.6.4 General Inpatient Care
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Terminal Care Market Size Forecast by Applications
9.10.1 Hospice Center
9.10.2 Hospital
9.10.3 Home Hospice Care
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Terminal Care Analysis and Forecast
10.1 Introduction
10.2 Europe Terminal Care Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Terminal Care Market Size Forecast by Type
10.6.1 Routine Home Care
10.6.2 Continuous Home Care
10.6.3 Inpatient Respite Care
10.6.4 General Inpatient Care
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Terminal Care Market Size Forecast by Applications
10.10.1 Hospice Center
10.10.2 Hospital
10.10.3 Home Hospice Care
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Terminal Care Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Terminal Care Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Terminal Care Market Size Forecast by Type
11.6.1 Routine Home Care
11.6.2 Continuous Home Care
11.6.3 Inpatient Respite Care
11.6.4 General Inpatient Care
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Terminal Care Market Size Forecast by Applications
11.10.1 Hospice Center
11.10.2 Hospital
11.10.3 Home Hospice Care
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Terminal Care Analysis and Forecast
12.1 Introduction
12.2 Latin America Terminal Care Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Terminal Care Market Size Forecast by Type
12.6.1 Routine Home Care
12.6.2 Continuous Home Care
12.6.3 Inpatient Respite Care
12.6.4 General Inpatient Care
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Terminal Care Market Size Forecast by Applications
12.10.1 Hospice Center
12.10.2 Hospital
12.10.3 Home Hospice Care
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Terminal Care Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Terminal Care Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Terminal Care Market Size Forecast by Type
13.6.1 Routine Home Care
13.6.2 Continuous Home Care
13.6.3 Inpatient Respite Care
13.6.4 General Inpatient Care
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Terminal Care Market Size Forecast by Applications
13.10.1 Hospice Center
13.10.2 Hospital
13.10.3 Home Hospice Care
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Terminal Care Market: Competitive Dashboard
14.2 Global Terminal Care Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amedisys
14.3.2 Chemed Corp
14.3.3 Compassus
14.3.4 Crossroads Hospice and Palliative
14.3.5 Humana
14.3.6 ProMedica
14.3.7 Hospice of the Valley
14.3.8 Kindred Healthcare
14.3.9 Seasons Hospice & Palliative Care
14.3.10 Chemed Corp.
