The end of life planning global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
End Of Life Planning Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The end of life planning market size has grown strongly in recent years. It will grow from $30.75 billion in 2023 to $33.62 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to the increased aging population, awareness of advance directives, chronic illness prevalence, economic uncertainty, and increased demand for professional guidance.
The end of life planning market size is expected to see strong growth in the next few years. It will grow to $48.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to increasing awareness and education, rising healthcare costs, government policies and regulations, cultural shifts, and service provider expansion. Major trends in the forecast period include virtual funeral services, digital legacy management, cultural and religious customization, pre-planning and subscription models, bereavement support services, and legal and financial planning tools.
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Scope Of End Of Life Planning Market
The Business Research Company’s reports encompass a wide range of information, including:
End Of Life Planning Market Overview
Market Drivers –
The end of life planning market size has grown strongly in recent years. It will grow from $30.75 billion in 2023 to $33.62 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to the increased aging population, awareness of advance directives, chronic illness prevalence, economic uncertainty, and increased demand for professional guidance.
The end of life planning market size is expected to see strong growth in the next few years. It will grow to $48.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to increasing awareness and education, rising healthcare costs, government policies and regulations, cultural shifts, and service provider expansion. Major trends in the forecast period include virtual funeral services, digital legacy management, cultural and religious customization, pre-planning and subscription models, bereavement support services, and legal and financial planning tools.
Market Trends –
Major companies operating in the dermatophytosis treatment market are focusing on developing topical treatments, such as powder and cream, to improve treatment efficacy and enhance patient satisfaction, aiming to address the evolving needs of the market. The powder and cream for dermatophytosis are used to reduce itching, absorb moisture, inhibit fungal growth, heal, and prevent further spread of the infection. For instance, in May 2022, Bayer, a Germany-based life science, healthcare, and nutrition company, launched canesten powder and cream. This product provides relief from a range of fungal skin infections, including ringworm, jock itch, skin candidiasis, athlete’s foot, erythrasma, and fungal nail infections. The product provides 5X as much relief as ordinary talcum powder from prickly heat, redness, skin irritation, itching, and fungal infection.
The end of life planning market covered in this report is segmented –
1) By Service: Funeral Services, Estate Planning, Digital Legacy Services, Grief Counseling And Support, Advanced Healthcare Directives, Other Services
2) By Demographic: Elderly Population, Middle Age Population, Young Adult
3) By Area: Urban, Rural
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Regional Insights –
North America was the largest region in the end of life planning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the end of life planning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the end of life planning market are MetLife Inc., Service Corporation International (SCI), Crossroads Hospice & Palliative Care, TrustandWill, Dignity plc, Better Place Forests Co., Gathered Here Pty Ltd., OpusXenta Pty Ltd., Farewill, Perfect Memorials, Funeralwise, Everplans, Eterneva, Lady Anne Funerals, Aftersteps, SafeWill, GoodTrust, GatheringUs, AfterSteps, EstateExec, Going With Grace, Funeralocity Inc., funeralOne, Death With Dignity
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