The Europe Palliative Care Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Palliative Care Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,587.6 million by 2031. The UK market is experiencing a CAGR of 6.6% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 8.4% during (2024 - 2031).
The adoption of palliative care represents a transformative shift in healthcare delivery, moving beyond traditional models of disease-focused treatment towards a more holistic and patient-centered approach. Initially pioneered within hospice settings for patients nearing the end of life, palliative care has evolved to encompass a broader spectrum of care delivery, including early integration into the care continuum for patients with serious or life-limiting illnesses. This paradigm shift reflects a growing recognition of the value of palliative care in enhancing patient outcomes, improving quality of life, and promoting patient and family satisfaction across diverse healthcare settings.
Furthermore, several trends are shaping the future of palliative care delivery, driving innovation and transformation in the market. There is a growing emphasis on the early integration of palliative care into standard care pathways for patients with serious illnesses rather than waiting until the end of life. Concurrent care models, where palliative care is provided alongside curative treatments, are gaining traction, offering patients and families comprehensive support from diagnosis through the end of life.
According to the Eurostat data, Germany had the highest level of current healthcare expenditure among the EU Member States, valued at €432 billion in 2020. Following Italy ($160 billion) and Spain ($120 billion) in terms of current healthcare spending was France ($281 billion). More than any other EU Member State, current healthcare spending in Germany and France was comparable to 12.8% and 12.2% of GDP, respectively. The ratios in Austria (11.5%), Sweden (11.4%), the Netherlands (11.1%), and Belgium (11.1%) were the following highest. Spain, Portugal, and Denmark were the only EU Member States to record double-digit ratios. Luxembourg and Denmark incurred the greatest current healthcare expenditures among EU Member States in 2020, in euro terms and relation to population size (€5, 875 per inhabitant and €5, 642). Thus, the growing healthcare sector in Europe will boost the growth of the regional market.
Free Valuable Insights: The Global Palliative Care Market will Hit USD 25 Billion by 2031, at a CAGR of 8.1%
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Age
By Condition
By Provider
By Country
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