Switzerland Palliative Care Market Analysis

Switzerland Palliative Care Market Analysis


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The Switzerland 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 a high investment in the healthcare industry, government support, and an aging population. The market is segmented by service type and by the end user. Some of the major players include Hirslanden, Valais Romand Hospital Center, Hospice Ticino, and Home Instead.

ID: IN10CHHS013 CATEGORY: Healthcare Services GEOGRAPHY: Switzerland AUTHOR: Neha Davda

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Switzerland Palliative Management Market Executive Summary

The Switzerland 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 national healthcare spending in Switzerland as a percentage of GDP in 2019 was 11.29% or $9,666.34 per person. Switzerland, just behind the US, spent the second highest on healthcare among developed nations in 2019.

Palliative care is a specialized type of medical treatment for patients with life-threatening illnesses. This kind of care's main goal is to relieve stress and the symptoms of the condition. The objective is to enhance the patient's and their family's quality of life. A professionally trained group of physicians, nurses, and other professionals who collaborate with a patient's medical clinicians to offer an additional level of support is known as palliative care. Palliative care puts more emphasis on the patient's needs than their prognosis. It can be used in conjunction with curative care for serious illnesses at any age or stage.

In Europe, growing research and development will encourage the growth of the palliative market. New revenue sources in the European palliative care sector will soon result from the adoption of diverse models with interdisciplinary palliative teams.

Market Dynamics

Market Growth Drivers

Switzerland is renowned for having high healthcare expenditures, which has had a big impact on the expansion of the palliative care industry. The substantial investment made in the healthcare industry has made it possible for patients to receive the most cutting-edge medical procedures and equipment, including palliative care. Further, with an aging population and an increase in senior persons, palliative care services are in greater demand in Switzerland. The need for palliative care services is greater among the elderly population since they are more likely to have chronic and fatal illnesses.

Market Restraints

Despite having a good standard of healthcare, palliative care is still not widely known among the general public, which may reduce the need for these treatments. Moreover, the high cost of palliative care services in Switzerland can be a deterrent for certain patients who might not be able to afford the care they require.

Competitive Landscape

Key Players

  • Hirslanden
  • Valais Romand Hospital Center
  • Hospice Ticino
  • Home Instead

Healthcare Policies and Regulatory Landscape

Switzerland has an extensive healthcare system that offers its populace a wide range of medical services from both the public and private sectors. The nation has put rules and regulations in place to improve access to high-quality end-of-life care services in the area of palliative care. These regulations, which cover recommendations for pain control, advance care planning, and the provision of hospice and home-based palliative care services, are put into effect under the supervision of the Swiss Federal Office of Public Health.

The high level of living that Switzerland is famed for also includes its healthcare system. With a network of specialist hospitals, hospices, and home-based care providers, the nation has a well-developed infrastructure for providing palliative care services. Furthermore, there are tight criteria for patient care and treatment in the highly regulated Swiss palliative care sector. For instance, the Swiss Medical Association's recommendations for treating patients with terminal illnesses, which call for the use of pain management strategies and the provision of psychosocial support, must be followed by all healthcare professionals.

Reimbursement Scenario

In Switzerland, a comprehensive health insurance program that is supported by both the public and private sectors covers palliative care services. The application of healthcare regulations, particularly those concerning palliative care, is supervised by the Swiss Federal Office of Public Health. Patients have access to a variety of palliative care services under the Swiss health insurance system, including home-based care from qualified healthcare professionals as well as inpatient care in hospices and specialized hospitals. Patients don't have to pay anything out of pocket for the care they receive because these services are fully reimbursed. Further, there are supplemental insurance plans that offer additional benefits for patients undergoing palliative care in addition to normal health insurance coverage.

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 Switzerland 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 Switzerland 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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Last updated on: 16 February 2023
Updated by: Ritu Baliya

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