Sweden Palliative Care Market Analysis

Sweden Palliative Care Market Analysis


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The Sweden Palliative care market is projected to grow from $47.09 Mn in 2022 to $xx Bn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The main factors driving the growth would be a focus on patient-centered care, government support, the aging population, and the increasing prevalence of chronic diseases. The market is segmented by service type and by the end user. Some of the major players include Attendo Care, Capio, Stockholm Hospital, and Mellannorrlands Hospice.

ID: IN10SEHS013 CATEGORY: Healthcare Services GEOGRAPHY: Sweden AUTHOR: Neha Davda

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Sweden Palliative Management Market Executive Summary

The Sweden Palliative care market is projected to grow from $47.09 Mn in 2022 to $xx Bn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. In Sweden, local taxes, direct transfers from the federal government, subsidies to the regions for outpatient medications, and some federal programs make up the majority of the funding for health care expenses. Sweden spent 10.9% of its GDP on health in 2019, which was more than the EU average of 9.9%, and earned it third place among EU nations.

Palliative care is a specialty form of medical care for people with serious diseases. The primary objective of this type of care is to provide relief from the illness's symptoms and stress. The goal is to improve the quality of life for both the patient and their family. Palliative care is provided by a specially trained team of doctors, nurses, and other specialists who work together with a patient's medical clinicians to provide an additional layer of support. Instead of focusing on the patient's prognosis, palliative care focuses on their needs. It can be administered alongside curative care at any age or stage of a serious illness.

The palliative care market will flourish in Europe with increased research and development. New revenue streams in the European palliative care market will likely be produced by the adoption of alternative models with interdisciplinary teams.

Market Dynamics

Market Growth Drivers

Sweden places a high priority on patient-centered treatment, which is shown in the availability of palliative care services that are tailored to each patient's unique requirements and preferences. Further, a number of efforts including funding for research and training for palliative care practitioners, have been put in place by the Swedish government to assist the expansion of this sector as it recognizes the significance of palliative care. This is expected to drive the growth of the palliative care market in the country along with the aging population and increasing prevalence of chronic diseases.

Market Restraints

Palliative care is currently not standardized, which makes it difficult for patients and their families to understand what services are provided and how to access them. Furthermore, the country's market for palliative care services is constrained by their high cost.

Competitive Landscape

Key Players

  • Attendo Care (SWE)
  • Capio (SWE)
  • Stockholm Hospital (SWE)
  • Mellannorrlands Hospice (SWE)

Healthcare Policies and Regulatory Landscape

The legislative framework and healthcare policies support access to high-quality palliative care services.  A number of laws and regulations have been put in place by the Swedish government to increase access to and the standard of palliative care provided in the nation. Palliative care has been designated as a priority in the country's national healthcare plan. The Swedish healthcare system is founded on a comprehensive insurance model that pays for all citizens' palliative care needs, regardless of their financial situation. Additionally, Sweden is home to a number of specialist palliative care institutions that offer patients a variety of services, such as symptom management, emotional and spiritual support, and end-of-life care.

Reimbursement Scenario

Sweden has extensive palliative care reimbursement rules that promote patient access to high-quality care. The nation has a universal insurance-based healthcare system that pays for all people's palliative care needs, regardless of their financial situation. Palliative care services are typically covered by the patient's basic insurance plan and patients rarely have to pay out of pocket for them.

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 Sweden 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 Sweden 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

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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.

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

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Last updated on: 16 February 2023
Updated by: Shivam Zalke

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