U.S. Advance Care Planning Solutions Market (By Component: Services, Software; By Types Of ACP Documents: Living Will, Medical Power Of Attorney, POLST; By End-Use) - Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2023-2032

The U.S. advance care planning solutions market was valued at USD 96.59 billion in 2022 and it is predicted to surpass around USD 312.27 billion by 2032 with a CAGR of 12.45% from 2023 to 2032.

Key Pointers

  • The services segment dominated the market with a market share of 69.57% in 2022.
  • The software segment is expected to grow at a CAGR of 15.25% over the forecast period. 
  • The medical power of attorney segment dominated the market with a market share of 36.72% in 2022. 
  • The living will segment is expected to grow at a CAGR of 15.52% over the forecast period.
  • The healthcare providers segment dominated the market with a market share of 79.43% in 2022.
  • The healthcare providers segment is expected to grow at a CAGR of 16.32% over the forecast period.

U.S. Advance Care Planning Solutions Market Size 2022 to 2032

The significant market growth can be attributed to the growing elderly population and the advanced care planning process which helps individuals plan their current as well as future decisions related to their medical treatment and place of care.

Advance care planning empowers individuals to make their own plans for their future healthcare. Advance care planning solutions provide healthcare professionals with directions in terms of treatment when a patient is not in a position to make their own healthcare choices. This reduces the chance that the individual receives care or treatment that they don’t want at the end of life. Advance care planning offers healthcare professionals to have structured and meaningful conversations with their patients about their wishes and preferences regarding treatment preferences and decreases moral distress among care providers.

Key factors that are driving the market growth include an increasing focus on patient-centric care, a rising need for solutions to reduce healthcare costs, and strong government support. Furthermore, the rising adoption of services and technological software in the healthcare sector is favoring the healthcare industry's growth. In January 2022, Iris Healthcare was acquired by Aledade a primary care enablement company. The acquisition between the companies strengthened the position of Iris Healthcare and scaled value-based primary care benefiting both physicians and patients.

U.S. Advance Care Planning Solutions Market Segmentations and Key Players:

By Component By Types of ACP Documents By End-Use Key Players

Services

Software

Living Will

Medical Power of Attorney

POLST

DNR Orders

Five Wishes

Healthcare Providers

Healthcare Payers 

ADVault, Inc.

Vynca, Inc.

WiserCare

Sharp HealthCare

ACP Decisions (A DBA of Nous Foundation, Inc.)

Iris (Aledade)

Bronson Healthcare

Frequently Asked Questions

The U.S. advance care planning solutions market size was reached at USD 96.59 billion in 2022 and it is projected to hit around USD 312.27 billion by 2032.

The U.S. advance care planning solutions market is growing at a compound annual growth rate (CAGR) of 12.45% from 2023 to 2032.

Key factors that are driving the U.S. advance care planning solutions market growth include rising need for solutions to reduce healthcare costs, increasing focus on patient-centric care, and strong government support.

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on U.S. Advance Care Planning Solutions Market 

5.1. COVID-19 Landscape: U.S. Advance Care Planning Solutions Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. U.S. Advance Care Planning Solutions Market, By Component

8.1. U.S. Advance Care Planning Solutions Market, by Component, 2023-2032

8.1.1 Services

8.1.1.1. Market Revenue and Forecast (2019-2032)

8.1.2. Software

8.1.2.1. Market Revenue and Forecast (2019-2032)

Chapter 9. U.S. Advance Care Planning Solutions Market, By Types of ACP Documents

9.1. U.S. Advance Care Planning Solutions Market, by Types of ACP Documents, 2023-2032

9.1.1. Living Will

9.1.1.1. Market Revenue and Forecast (2019-2032)

9.1.2. Medical Power of Attorney

9.1.2.1. Market Revenue and Forecast (2019-2032)

9.1.3. POLST

9.1.3.1. Market Revenue and Forecast (2019-2032)

9.1.4. DNR Orders

9.1.4.1. Market Revenue and Forecast (2019-2032)

9.1.5. Five Wishes

9.1.5.1. Market Revenue and Forecast (2019-2032)

Chapter 10. U.S. Advance Care Planning Solutions Market, By End-Use 

10.1. U.S. Advance Care Planning Solutions Market, by End-Use, 2023-2032

10.1.1. Healthcare Providers

10.1.1.1. Market Revenue and Forecast (2019-2032)

10.1.2. Healthcare Payers

10.1.2.1. Market Revenue and Forecast (2019-2032)

Chapter 11. U.S. Advance Care Planning Solutions Market, Regional Estimates and Trend Forecast

11.1. U.S.

11.1.1. Market Revenue and Forecast, by Component (2019-2032)

11.1.2. Market Revenue and Forecast, by Types of ACP Documents (2019-2032)

11.1.3. Market Revenue and Forecast, by End-Use (2019-2032)

Chapter 12. Company Profiles

12.1. ADVault, Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Vynca, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. WiserCare

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Sharp HealthCare

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. ACP Decisions (A DBA of Nous Foundation, Inc.)

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Iris (Aledade)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Bronson Healthcare

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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