The North America Advance Directives Market would witness market growth of 15.9% CAGR during the forecast period (2023-2030).
Advanced directives, also known as living wills or advance healthcare directives, are legal documents that articulate an individual's choices for medical treatment in the case of incapacitation or inability to communicate. These directives guide healthcare professionals and family members regarding the patient's desired course of action, ensuring that medical interventions align with the individual's values and preferences. The primary advanced directives include living wills, durable power of attorney for healthcare, do-not-resuscitate (DNR) orders, and organ donation directives. A living will outline specific medical treatments an individual wishes to receive or avoid. At the same time, the durable power of a counselor designates a trusted person to make healthcare decisions on behalf of the patient
In the rapidly evolving healthcare landscape, advanced directives have emerged as crucial in ensuring patient autonomy and promoting end-of-life care that aligns with individual preferences. These legal documents, often overlooked in the past, are gaining prominence as society becomes more attuned to the importance of personalized healthcare decision-making. The advanced directives market is witnessing a significant transformation, driven by evolving trends, influential factors, and diverse applications that extend beyond traditional end-of-life scenarios.
The legal recognition and support for advance directives in North American jurisdictions have created a favorable environment for market growth. Clear legal frameworks give individuals confidence that their documented preferences will be honored, enhancing the effectiveness of advanced care planning initiatives. As a result, these aspects will boost the market growth in the coming years.
The US market dominated the North America Advance Directives Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $104,651.7 Million by 2030. The Canada market is experiencing a CAGR of 18.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 17.4% during (2023 - 2030).
Based on Component, the market is segmented into Services and Software. Based on End User, the market is segmented into B2B (Healthcare Providers and Payers) and B2C. Based on Demographics, the market is segmented into Elderly Population (65 yrs & above), Middle Aged (40-64 yrs), and Young Adults (18-39 yrs). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Advance Directives Market is Predict to reach $358.7 Billion by 2030, at a CAGR of 16.5
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ADVault, Inc., VynaCare, WiserCare Inc., Sharp Healthcare, Affirm Health Inc., Thanacare, Honor My Decision LLC, Koda Health, ThoroughCare, Inc., Vital Decisions LLC (Evolent Health LLC).
Scope of the Study
Market Segments Covered in the Report:
By Component
By End User
- B2B
- Healthcare Providers
- Payers
- B2C
By Demographics
- Elderly Population (65 yrs & above)
- Middle Aged (40-64 yrs)
- Young Adults (18-39 yrs)
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ADVault, Inc.
- VynaCare
- WiserCare Inc.
- Sharp Healthcare
- Affirm Health Inc.
- Thanacare
- Honor My Decision LLC
- Koda Health
- ThoroughCare, Inc.
- Vital Decisions LLC (Evolent Health LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Advance Directives Market, by Component
1.4.2 North America Advance Directives Market, by End User
1.4.3 North America Advance Directives Market, by Demographics
1.4.4 North America Advance Directives Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter's Five Forces Analysis
Chapter 4. North America Advance Directives Market, By Component
4.1 North America Services Market, By Country
4.2 North America Software Market, By Country
Chapter 5. North America Advance Directives Market, By End User
5.1 North America B2B Market, By Country
5.2 North America Advance Directives Market, By B2B Type
5.2.1 North America Healthcare Providers Market, By Country
5.2.2 North America Payers Market, By Country
5.3 North America B2C Market, By Country
Chapter 6. North America Advance Directives Market, By Demographics
6.1 North America Elderly Population (65 yrs & above) Market, By Country
6.2 North America Middle Aged (40-64 yrs) Market, By Country
6.3 North America Young Adults (18-39 yrs) Market, By Country
Chapter 7. North America Advance Directives Market, By Country
7.1 US Advance Directives Market
7.1.1 US Advance Directives Market, By Component
7.1.2 US Advance Directives Market, By End User
7.1.2.1 US Advance Directives Market, By B2B Type
7.1.3 US Advance Directives Market, By Demographics
7.2 Canada Advance Directives Market
7.2.1 Canada Advance Directives Market, By Component
7.2.2 Canada Advance Directives Market, By End User
7.2.2.1 Canada Advance Directives Market, By B2B Type
7.2.3 Canada Advance Directives Market, By Demographics
7.3 Mexico Advance Directives Market
7.3.1 Mexico Advance Directives Market, By Component
7.3.2 Mexico Advance Directives Market, By End User
7.3.2.1 Mexico Advance Directives Market, By B2B Type
7.3.3 Mexico Advance Directives Market, By Demographics
7.4 Rest of North America Advance Directives Market
7.4.1 Rest of North America Advance Directives Market, By Component
7.4.2 Rest of North America Advance Directives Market, By End User
7.4.2.1 Rest of North America Advance Directives Market, By B2B Type
7.4.3 Rest of North America Advance Directives Market, By Demographics
Chapter 8. Company Profiles
8.1 ADVault, Inc.
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Partnerships, Collaborations, and Agreements:
8.1.3 SWOT Analysis
8.2 VynaCare
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 WiserCare Inc.
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Sharp HealthCare
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 AffirmHealth Inc.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Thanacare
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Koda Health, Inc.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 ThoroughCare, Inc.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Vital Decision, LLC (Evolent Health LLC)
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Honor My Decisions LLC
8.10.1 Company Overview
TABLE 1 North America Advance Directives Market, 2019 - 2022, USD Million
TABLE 2 North America Advance Directives Market, 2023 - 2030, USD Million
TABLE 3 North America Advance Directives Market, By Component, 2019 - 2022, USD Million
TABLE 4 North America Advance Directives Market, By Component, 2023 - 2030, USD Million
TABLE 5 North America Services Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Services Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Software Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Software Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Advance Directives Market, By End User, 2019 - 2022, USD Million
TABLE 10 North America Advance Directives Market, By End User, 2023 - 2030, USD Million
TABLE 11 North America B2B Market, By Country, 2019 - 2022, USD Million
TABLE 12 North America B2B Market, By Country, 2023 - 2030, USD Million
TABLE 13 North America Advance Directives Market, By B2B Type, 2019 - 2022, USD Million
TABLE 14 North America Advance Directives Market, By B2B Type, 2023 - 2030, USD Million
TABLE 15 North America Healthcare Providers Market, By Country, 2019 - 2022, USD Million
TABLE 16 North America Healthcare Providers Market, By Country, 2023 - 2030, USD Million
TABLE 17 North America Payers Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America Payers Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America B2C Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America B2C Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Advance Directives Market, By Demographics, 2019 - 2022, USD Million
TABLE 22 North America Advance Directives Market, By Demographics, 2023 - 2030, USD Million
TABLE 23 North America Elderly Population (65 yrs & above) Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Elderly Population (65 yrs & above) Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America Middle Aged (40-64 yrs) Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America Middle Aged (40-64 yrs) Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Young Adults (18-39 yrs) Market, By Country, 2019 - 2022, USD Million
TABLE 28 North America Young Adults (18-39 yrs) Market, By Country, 2023 - 2030, USD Million
TABLE 29 North America Advance Directives Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Advance Directives Market, By Country, 2023 - 2030, USD Million
TABLE 31 US Advance Directives Market, 2019 - 2022, USD Million
TABLE 32 US Advance Directives Market, 2023 - 2030, USD Million
TABLE 33 US Advance Directives Market, By Component, 2019 - 2022, USD Million
TABLE 34 US Advance Directives Market, By Component, 2023 - 2030, USD Million
TABLE 35 US Advance Directives Market, By End User, 2019 - 2022, USD Million
TABLE 36 US Advance Directives Market, By End User, 2023 - 2030, USD Million
TABLE 37 US Advance Directives Market, By B2B Type, 2019 - 2022, USD Million
TABLE 38 US Advance Directives Market, By B2B Type, 2023 - 2030, USD Million
TABLE 39 US Advance Directives Market, By Demographics, 2019 - 2022, USD Million
TABLE 40 US Advance Directives Market, By Demographics, 2023 - 2030, USD Million
TABLE 41 Canada Advance Directives Market, 2019 - 2022, USD Million
TABLE 42 Canada Advance Directives Market, 2023 - 2030, USD Million
TABLE 43 Canada Advance Directives Market, By Component, 2019 - 2022, USD Million
TABLE 44 Canada Advance Directives Market, By Component, 2023 - 2030, USD Million
TABLE 45 Canada Advance Directives Market, By End User, 2019 - 2022, USD Million
TABLE 46 Canada Advance Directives Market, By End User, 2023 - 2030, USD Million
TABLE 47 Canada Advance Directives Market, By B2B Type, 2019 - 2022, USD Million
TABLE 48 Canada Advance Directives Market, By B2B Type, 2023 - 2030, USD Million
TABLE 49 Canada Advance Directives Market, By Demographics, 2019 - 2022, USD Million
TABLE 50 Canada Advance Directives Market, By Demographics, 2023 - 2030, USD Million
TABLE 51 Mexico Advance Directives Market, 2019 - 2022, USD Million
TABLE 52 Mexico Advance Directives Market, 2023 - 2030, USD Million
TABLE 53 Mexico Advance Directives Market, By Component, 2019 - 2022, USD Million
TABLE 54 Mexico Advance Directives Market, By Component, 2023 - 2030, USD Million
TABLE 55 Mexico Advance Directives Market, By End User, 2019 - 2022, USD Million
TABLE 56 Mexico Advance Directives Market, By End User, 2023 - 2030, USD Million
TABLE 57 Mexico Advance Directives Market, By B2B Type, 2019 - 2022, USD Million
TABLE 58 Mexico Advance Directives Market, By B2B Type, 2023 - 2030, USD Million
TABLE 59 Mexico Advance Directives Market, By Demographics, 2019 - 2022, USD Million
TABLE 60 Mexico Advance Directives Market, By Demographics, 2023 - 2030, USD Million
TABLE 61 Rest of North America Advance Directives Market, 2019 - 2022, USD Million
TABLE 62 Rest of North America Advance Directives Market, 2023 - 2030, USD Million
TABLE 63 Rest of North America Advance Directives Market, By Component, 2019 - 2022, USD Million
TABLE 64 Rest of North America Advance Directives Market, By Component, 2023 - 2030, USD Million
TABLE 65 Rest of North America Advance Directives Market, By End User, 2019 - 2022, USD Million
TABLE 66 Rest of North America Advance Directives Market, By End User, 2023 - 2030, USD Million
TABLE 67 Rest of North America Advance Directives Market, By B2B Type, 2019 - 2022, USD Million
TABLE 68 Rest of North America Advance Directives Market, By B2B Type, 2023 - 2030, USD Million
TABLE 69 Rest of North America Advance Directives Market, By Demographics, 2019 - 2022, USD Million
TABLE 70 Rest of North America Advance Directives Market, By Demographics, 2023 - 2030, USD Million
TABLE 71 Key Information - ADVault, Inc.
TABLE 72 Key Information - Vynacare
TABLE 73 Key Information - WiserCare Inc.
TABLE 74 Key Information - Sharp HealthCare
TABLE 75 Key Information - AffirmHealth Inc.
TABLE 76 Key Information - Thanacare
TABLE 77 Key Information - Koda Health, Inc.
TABLE 78 Key Information - ThoroughCare, Inc.
TABLE 79 Key Information - Vital decision, llc
TABLE 80 Key Information - Honor My Decisions LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Advance Directives Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Advance Directives Market
FIG 4 Porter's Five Forces Analysis - Advance Directives Market
FIG 5 North America Advance Directives Market share, By Component, 2022
FIG 6 North America Advance Directives Market share, By Component, 2030
FIG 7 North America Advance Directives Market, By Component, 2019 - 2030, USD Million
FIG 8 North America Advance Directives Market share, By End User, 2022
FIG 9 North America Advance Directives Market share, By End User, 2030
FIG 10 North America Advance Directives Market, By End User, 2019 - 2030, USD Million
FIG 11 North America Advance Directives Market share, By Demographics, 2022
FIG 12 North America Advance Directives Market share, By Demographics, 2030
FIG 13 North America Advance Directives Market, By Demographics, 2019 - 2030, USD Million
FIG 14 North America Advance Directives Market share, By Country, 2022
FIG 15 North America Advance Directives Market share, By Country, 2030
FIG 16 North America Advance Directives Market, By Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: ADVault, Inc.
FIG 18 SWOT Analysis: VynaCare
FIG 19 SWOT Analysis: WiserCare Inc.
FIG 20 SWOT Analysis: Sharp Healthcare
FIG 21 SWOT Analysis: AffirmHealth Inc.
FIG 22 SWOT Analysis: Thanacare
FIG 23 SWOT Analysis: Koda Health
FIG 24 SWOT Analysis: ThoroughCare, Inc.
FIG 25 SWOT Analysis: Vital Decision, LLC