Hospice Services Market Size and trends
Global hospice services market is estimated to be valued at USD 4.81 Bn in 2025 and is expected to reach USD 8.97 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 9.3% from 2025 to 2032.
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Global hospice services industry can witness significant growth, owing to rising geriatric population globally that is more prone to chronic and life-threatening diseases. Various government initiatives like Palliative Care Improvement Act in U.S. aimed at increasing the availability of palliative care and reducing pressure on healthcare systems also contributes to the growth of hospice services market during the forecast period.
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