Ireland Palliative Care Market Analysis

Ireland Palliative Care Market Analysis


$ 3999

The Ireland palliative care market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The main factors driving the growth would be the aging population, growing support from the government, raising awareness, and technological advancements. The market is segmented by service type and by the end user. Some of the major players include Mater Hospital, Care for Me, My Homecare, and Home Instead.

ID: IN10IEHS013 CATEGORY: Healthcare Services GEOGRAPHY: Ireland AUTHOR: Neha Davda

Buy Now

Ireland Palliative Management Market Executive Summary

The Ireland palliative care market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. In 2019, Ireland spent 6.68% of its GDP, or $5,429 per person, on government health care. Ireland appears to match the EU average in terms of healthcare spending per person.

Palliative care is an approach that allows patients and their families who are dealing with issues brought on by life-threatening diseases to live better. Through the early detection, accurate assessment, and treatment of pain and other issues, whether they are physical, psychosocial, or spiritual, it avoids and alleviates suffering. Suffering must be addressed on more than just a physical level. Patients and their carers are supported by palliative care through a team approach. This comprises attending to practical requirements and offering bereavement counseling. It provides a system of assistance to assist patients in remaining as active as possible until death.

The palliative care market in Europe will prosper owing to expanding research and development. In the near future, the adoption of alternative models utilizing interdisciplinary teams will open up new sources of income for the European palliative care industry.

Market Dynamics

Market Growth Drivers

Ireland's palliative care market is expected to be driven by factors such as the aging population, growing support from the government, and technological advancements. Moreover, in Ireland, there is a rising awareness of the value of palliative care and the requirement for high-quality end-of-life care. As patients and their families learn more about the services that are available to them, this is assisting in the market's growth.

Market Restraints

In Ireland, mainly patients in the northern region struggle to get the treatment they need because there are few palliative care options available there. Further, the quality of care can vary greatly depending on the provider and the region in Ireland due to the lack of standards in the field. As a result, the growth of the palliative market is expected to be hindered.

Competitive Landscape

Key Players

  • Mater Hospital (IRL)
  • Care for Me (IRL)
  • My Homecare (IRL)
  • Home Instead

Healthcare Policies and Regulatory Landscape

The Irish government and associated healthcare organizations have established a variety of healthcare laws and regulations that control the palliative care market in Ireland. The National Palliative Care Strategy outlines the country's palliative care strategy and contains recommendations for healthcare professionals' education, funding, and delivery of care. Guidelines for end-of-life care, such as pain control, spiritual support, and communication with patients and their families, are provided in the Care of the Dying Patient policy. Ireland's healthcare system is outlined in the Health Act of 2007, which also makes provisions for palliative care services. While the Irish Hospice Foundation offers support and direction to medical professionals engaged in palliative care, the Health Information and Quality Authority (HIQA) is in charge of assuring the quality and safety of healthcare services, including palliative care services.

Reimbursement Scenario

The government sets the reimbursement guidelines for the palliative care market in Ireland with the intention of ensuring that patients receive the care they require. The government-funded public healthcare system in Ireland serves as the main financing source for palliative care services. With some exclusions for specific services that might not be reimbursed, patients who require palliative care can get these services without paying a fee. In Ireland, there are also private palliative care providers who could provide solutions not provided by the state healthcare system. In order to fund the expense of care, patients who need these services may need to pay out-of-pocket or buy private insurance.

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 Ireland 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 Ireland palliative care market is divided into the following:

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

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.


We value your inquiry and offer free customization with every report to fulfil your exact research needs.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 16 February 2023
Updated by: Shivam Zalke

Related reports (by category)


Related reports (by geography)


subscribe to our newsletter
up