U.S. Advance Care Planning Solutions Market Growth & Trends
The U.S. advance care planning solutions market size is expected to reach USD 246.9 billion in 2030 and is forecasted to grow at a CAGR of 13.4% from 2025 to 2030. The market is anticipated to grow owing to the fact that the advanced care planning process helps individuals plan their current as well as future decisions related to their medical treatment and place of care. Furthermore, the rising adoption of services and technological software in the healthcare sector is favoring the growth of the healthcare industry.
Some of the key strategies adopted by the organizations include portfolio diversification, product enhancement, and merger and acquisitions. For instance, in June 2019, ADVault announced its partnership with Verato, a cloud-based patient matching firm, expanding secure identity matching so that post-acute care teams and hospitals can access patients’ medical records.
The high cost of end-of-life care has drawn scrutiny from patients and their families. At the household level, end-of-life expense imposes a significant financial burden. Advanced care plans help reduce treatment costs for people nearing death who have stopped receiving medication to cure and control their medical condition. End-of-life care includes physical, social, emotional, and spiritual assistance for patients and their family members. The key objective of end-of-life care (also known as comfort care) is to minimize pain and control symptoms to maximize patient comfort, which may include hospital care, supportive care, and palliative care.
U.S. Advance Care Planning Solutions Market Report Highlights
- Based on component, the services segment dominated the market with the largest revenue share of 67.3% in 2024, driven by the increasing demand for personalized guidance in healthcare decision-making
- Based on the type of ACP documents, the medical power of attorney segment dominated the market with the largest revenue share in 2024, attributed to its essential role in designating a trusted individual to make healthcare decisions on behalf of someone incapacitated
- Based on end use, the healthcare payers segment dominated the market with the largest revenue share in 2024 driven by their crucial role in managing costs associated with end-of-life care while ensuring that patients receive appropriate services based on their documented preferences
- The healthcare providers segment is projected to grow at the highest CAGR over the forecast period due to an increasing focus on patient-centered care within healthcare settings
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
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- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. Advance Care Planning Solutions Market Variables, Trends, & Scope
Chapter 4. U.S. Advance Care Planning Solutions Market: Component Business Analysis
Chapter 5. U.S. Advance Care Planning Solutions Market: Types of ACP Documents Business Analysis
Chapter 6. U.S. Advance Care Planning Solutions Market: End Use Business Analysis
Chapter 7. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- MyDirectives, Inc.
- Iris (Aledade)
- Bronson Healthcare
- ACP Decisions
- Sharp HealthCare.
- WiserCare
- VyncaCare.
- ThoroughCare, Inc.
- Honor My Decisions LLC
- Thanacare
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 70 |
| Published | December 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 117.6 billion |
| Forecasted Market Value ( USD | $ 246.9 billion |
| Compound Annual Growth Rate | 13.4% |
| Regions Covered | United States |
| No. of Companies Mentioned | 10 |
