Italy Palliative Care Market Analysis Report [2022-30]

Italy Palliative Care Market Analysis

$ 3999

The Italy Palliative care market is projected to grow from $313.92 Mn in 2022 to $559.87 Mn by 2030, registering a CAGR of 7.5% during the forecast period of 2022 - 2030. The main factors driving the growth would be an increasingly aging population, growing awareness, government support, and integration with other healthcare services. The market is segmented by service type and by the end user. Some of the major players include Domus Salutis, Fermo Murri Hospital, Antea, San Giovanni Bosco Hospital, and Home Instead.

ID: IN10ITHS013 CATEGORY: Healthcare Services GEOGRAPHY: Italy AUTHOR: Neha Davda

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Italy Palliative Management Market Executive Summary

The Italy Palliative care market is projected to grow from $313.92 Mn in 2022 to $559.87 Mn by 2030, registering a CAGR of 7.5% during the forecast period of 2022 - 2030. Italy spent $2,906 per capita on healthcare in 2019 or 8.67% of its GDP. In terms of per capita spending and as a proportion of GDP in 2019, health spending trailed far behind the EU average. The government contributed around 74% of health spending in 2019, which is less than the EU average of 80%.

Palliative care is a technique that enhances the quality of life for persons with terminal diseases and their families. Palliative care services prevent and lessen suffering by identifying pain and other diseases early, accurately assessing them, and treating them, whether they be physical, mental, or spiritual. Palliative care also provides assistance to patients and their carers by working together. Order to assist people to live as actively as possible until death, this requires catering to their material requirements and providing a support system. Palliative care is essential for a variety of illnesses, such as cancer, persistent respiratory conditions, diabetes, kidney failure, persistent liver disease, and others. In Europe, growing research and development will foster the expansion of the palliative market. The implementation of various models with interdisciplinary palliative teams will soon lead to new revenue streams in the European palliative care market.

italy palliative care market analysis

Market Dynamics

Market Growth Drivers

The Italy palliative care market is expected to be driven by factors such as an increasingly aging population, growing awareness, and integration with other healthcare services. Additionally, the Italian government has recognized the value of palliative care and is supporting the growth of palliative care services with financing and other resources.

Market Restraints

The high cost of palliative services, lack of standardization, and fragmented care are the factors that are limiting the growth of the palliative care market in the country. Palliative care services can be dispersed, with many providers delivering various services. This may make it harder to coordinate care across physicians and lower the standard of care given to patients.

Competitive Landscape

Key Players

Domus Salutis (ITA)
Fermo Murri Hospital (ITA)
Antea (ITA)
San Giovanni Bosco Hospital (ITA)
Home Instead

Healthcare Policies and Regulatory Landscape

The National Health Service (Servizio Sanitario Nazionale), which offers universal coverage to all individuals, oversees the health policies and regulatory environment for the palliative care industry in Italy. The national insurance policy in Italy provides coverage for palliative care because it is regarded as a crucial aspect of the country's healthcare system. Palliative care services are provided according to regulations specified by the Ministry of Health, which are carried out by local health authorities. Additionally, the Italian government has launched a variety of programs to expand access to palliative care services and foster the industry's growth.

Reimbursement Scenario

The National Health Service (Servizio Sanitario Nazionale), which offers comprehensive coverage to all citizens, forms the basis of the reimbursement regulations for the palliative care sector in Italy. The national insurance program fully covers palliative care services, including inpatient and outpatient care, at no cost to the patient. Additionally, patients are entitled to payment for the price of any equipment or medications needed for palliative care. No matter their financial condition, all residents will be able to access high-quality palliative care services owing to the reimbursement regulations.

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Palliative Care Market Segmentation

By Service Type (Revenue, USD Billion):

Based on service type, the Itlay palliative care market is divided into the following:

Private residence care
Hospice inpatient care
Hospital inpatient care
Nursing home and residential facility care
Others

By End User (Revenue, USD Billion):

Based on end-user type, the Itlay palliative care market is divided into the following:

Hospitals
Home Care Settings
Palliative Care Centers
Long-Term Care Centers & Rehabilitation Centers

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.