PUBLISHER: Polaris Market Research | PRODUCT CODE: 1697957
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1697957
The global pediatric palliative care market size is expected to reach USD 36.21 billion by 2034, according to a new study by Polaris Market Research. The report "Pediatric Palliative Care Market Size, Share, Trends, Industry Analysis Report: By Disease Condition, Provider (Hospitals and Clinics, Home-Based, and Community Settings), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Pediatric palliative care is specialized medical care focused on providing relief from the symptoms and stress of serious illnesses in children, aiming to improve their quality of life.
Medical advancements in pediatric healthcare have improved the survival rates of children with life-threatening conditions. While this is a positive outcome, it has also resulted in a greater need for long-term care to manage the side effects of treatments and the chronic nature of these diseases. Pediatric palliative care helps children cope with ongoing symptoms, improves their comfort, and provides support for their families. The need for specialized palliative care services is growing as medical treatments extend the lives of children with complex illnesses, ensuring children live with dignity and comfort during their treatment journey, thereby driving the pediatric palliative care market growth.
There is a growing emphasis on family-centered care in pediatric healthcare, which considers the emotional and psychological well-being of the entire family, not just the child. Pediatric palliative care aligns well with this approach, as it offers support not only to the child but also to their family members. It addresses the challenges families face when caring for a child with a serious illness, providing emotional counseling, respite care, and guidance throughout the treatment process. The demand for pediatric palliative care services is growing as more families are seeking holistic care that values their needs, fueling the pediatric palliative care market expansion.
Based on disease condition, the HIV segment dominated the pediatric palliative care market in 2024 due to the complexity of managing the disease and its symptoms in pediatrics.
By provider, the home-based segment is expected to witness the fastest growth from 2025 to 2034 as it offers comfort and convenience, allowing children to remain in a familiar environment while receiving specialized palliative support.
North America dominated the global market in 2024, driven by high awareness of pediatric palliative care and the presence of robust infrastructure and advanced healthcare systems.
The Asia Pacific pediatric palliative care market is expected to record a significant share in the forecast period due to improving healthcare infrastructure and increasing awareness of the benefits of palliative care.
A few of the key market players are Adventist Health; Agape Care Group; Banksia Palliative Care Service Inc.; Baptist Health; Boston Children's Hospital; Children's Hospital Los Angeles; Genesis HealthCare System; Pediatric Oncology Group of Ontario; and The University of Oklahoma College of Medicine.
Polaris market research has segmented the pediatric palliative care market report on the basis of disease condition, provider, and region: