Introduction
The hospice sector is growing — both in terms of market size and patient demand. Understanding growth helps families see what to expect from local providers, whether new opportunities or potential pitfalls.
Growth Drivers
- The U.S. hospice market is projected to grow at about 7.7% CAGR up to 2030.
- Rising chronic illness, aging population and home-based care models are expanding demand.
- Many providers are expanding service lines, home-based options and even digital outreach.
Implications for Local Providers & Families
- More providers: More choice—but also more variation in quality and specialty.
- Consolidation risk: Mergers and acquisitions may reduce local competition and personal touch.
- Innovation opportunities: Growth may bring more home-based services, new programs and improved caregiver support.
Key Take-Aways
- Growth means more options—but it also demands discernment.
- Families should look for providers that maintain high standards while scaling.
- Evaluate local reputation, staff stability, home-care readiness and service breadth.
