Global Healthcare Facilities Management Market, By Service Type (Hard Services, Soft Services), End User (Hospitals and Clinics, Ambulatory Service Centers, Long-term Healthcare Facilities, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Healthcare facilities management market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 513.78 billion by 2028 and will grow at a CAGR of 10.44% in the above mentioned forecast period.
Healthcare facilities management is often necessary to keep a dynamic and clean environment, and is achieved by suitable planning and resourceful delivery of various functions. The facilities management supports specialized management of services such as catering, cleaning, maintenance and security.
The rapid rise in outsourcing of facility management services by the healthcare industry is amongst the important factors escalating the growth and demand of healthcare facilities management market. In addition, the rapid increase in the occurrence of chronic diseases and rising medical tourism in emerging countries are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the shifting inclination to use advanced technologies to maintain sustainability at workplaces and growing number of patients and increasing healthcare expenditure by the public as well as private players in healthcare systems are also enhancing the growth of the market. Furthermore, the increase in investment in healthcare infrastructure and consciousness regarding hygiene in healthcare facilities are also one of the significant factors fueling the growth of the healthcare facilities management market. Rapid increase in the technological developments in the healthcare IT sector will also make sure high industry growth over the forecast period.
The presence of innovative technologies such as, IoT as well as the growth of healthcare facility management software, and KPI (Key Performance Indices) matrix for measuring facility services is offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the dearth of managerial awareness and standardization and rapid increase in demand for reducing the energy cost and growing consciousness for inhibiting operating costs will curb the growth of the healthcare facilities management market, whereas the lack of skilled or expert workforce has the potential to challenge the growth of the healthcare facilities management market.
This healthcare facilities management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on healthcare facilities management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Healthcare Facilities Management Market Scope and Market Size
Healthcare facilities management market is segmented on the basis of service type and end user. The growth amongst these segments will help you analyze inadequate growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on service type, the healthcare facilities management market is segmented into hard services and soft services. Hard services have further been segmented into plumbing, air conditioning maintenance, fire protection systems, mechanical and electrical maintenance and others. Soft services have further been segmented into cleaning and pest control, laundry, catering, waste management, security and others.
- The end user segment of healthcare facilities management market is segmented into hospitals and clinics, ambulatory service centers, long-term healthcare facilities and others.
Healthcare Facilities Management Market Country Level Analysis
Healthcare facilities management market is analyzed and market size insights and trends are provided by country, service type and end user as referenced above.
The countries covered in the healthcare facilities management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the healthcare facilities management market owing to the robust healthcare infrastructure and the overture of different technologies for healthcare facilities management within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising trend by hospitals to outsource non-core medical services to professional facility management organizations within this particular region.
The country section of the healthcare facilities management market report also reveals individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Healthcare facilities management market also furnishes you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for healthcare facilities management market. This report also informs you about the impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the healthcare facilities management market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Healthcare Facilities Management Market Share Analysis
Healthcare facilities management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to healthcare facilities management market.
The major players covered in the healthcare facilities management market report are ABM, Aramark Corporation, Ecolab, ISS Group, Sodexo, Compass Group PLC, Jones Lang LaSalle IP, Inc., Medxcel, Mitie Group plc., IBM, Serco Group plc, Vanguard Resources, UEM Edgenta Berhad, B38 Group, SMS Integrated Facility Services Private Limited, Oracle, Planon, Founders 3 Real Estate Services, Accruent and OCS Group limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Healthcare Facilities Management Market
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