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) – Industry Trends and Forecast to 2030.
Healthcare Facilities Management Market Analysis and Size
The rapid rise in outsourcing of facility management services by the healthcare industry is amongst the important factors escalating the growth and demand of global healthcare facilities management market. 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 fuelling the growth of the global healthcare facilities management market.
Data Bridge Market Research analyses that the global healthcare facilities management market which was USD 286.75 billion in 2022, is expected to reach USD 628.75 billion by 2030, and is expected to undergo a CAGR of 11.1% during the forecast period of 2023 to 2030. “Hospitals” dominates the end user segment of the global healthcare facilities management market owing to rise in the aging population. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Healthcare Facilities Management Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Service Type (Hard Services, Soft Services), End User (Hospitals and Clinics, Ambulatory Service Centers, Long-term Healthcare Facilities, Others).
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Countries Covered
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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, and Rest of Middle East and Africa
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Market Players Covered
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ABM (U.S.), Aramark Corporation (U.S.), Ecolab (U.S.), ISS Group (Denmark), Sodexo (France), Compass Group PLC (U.K.), Jones Lang LaSalle IP, Inc. (U.S.), Medxcel (U.S.), Mitie Group plc. (U.K.), IBM (U.S.), Serco Group plc (U.K.), Vanguard Resources (U.S.), UEM Edgenta Berhad (Malaysia), B38 Group (U.K.), SMS Integrated Facility Services Private Limited (India), Oracle (U.S.), Planon (Netherlands), Founders 3 Real Estate Services (U.S.), Accruent (U.S.), and OCS Group Limited (U.K.)
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Market Opportunities
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Market Definition
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.
Global Healthcare Facilities Management Market Dynamics
Drivers
- Outsourcing Trends for Non-Core Function
Many healthcare facilities are outsourcing non-core functions such as facilities management to specialized service providers. This allows healthcare organizations to focus on their core activities, reduce costs, and access specialized expertise.
- Focus on Patient Experience
Healthcare providers increasingly prioritize patient experience. Clean, well-maintained, and efficiently managed facilities contribute to a positive patient experience, which can lead to higher patient satisfaction scores.
Opportunities
- Data Security and Privacy in Facility Management
Given the sensitive nature of healthcare data, there is a growing need for secure data management and privacy compliance in facilities management. Businesses that offer robust cybersecurity solutions and ensure compliance with data protection regulations can find opportunities in healthcare facilities management.
Restraints/Challenges
- Regulatory Compliance and Standards
Healthcare facilities are subject to numerous regulations and standards, which can vary by region and change over time. Maintaining compliance with these regulations while also staying updated with the latest changes is a persistent challenge for facilities management providers.
This global 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 the global 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
The global healthcare facilities management market is segmented on the basis of service type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service Type
- Hard Services
- Soft Services
End User
- Hospitals and Clinics
- Ambulatory Service Centers
- Long-Term healthcare
- Others
Global Healthcare Facilities Management Market Regional Analysis/Insights
The global healthcare facilities management market is analysed and market size insights and trends are provided by country, service type and end user as referenced above.
The countries covered in the global healthcare facilities management market report are U.S., Canada and Mexico, 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 dominates the global 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 in the global healthcare facilities management market during the forecast period of 2023 to 2030 due to 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
The global healthcare facilities management market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for global healthcare facilities management market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global healthcare facilities management market. The data is available for historic period 2015-2020.
Competitive Landscape and Global Healthcare Facilities Management Market Share Analysis
The global 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 global healthcare facilities management market.
Some of the major players operating in the global healthcare facilities management market are:
- ABM (U.S.)
- Aramark Corporation (U.S.)
- Ecolab (U.S.)
- ISS Group (Denmark)
- Sodexo (France)
- Compass Group PLC (U.K.)
- Jones Lang LaSalle IP, Inc. (U.S.)
- Medxcel (U.S.)
- Mitie Group plc. (U.K.)
- IBM (U.S.)
- Serco Group plc (U.K.)
- Vanguard Resources (U.S.)
- UEM Edgenta Berhad (Malaysia)
- B38 Group (U.K.)
- SMS Integrated Facility Services Private Limited (India)
- Oracle (U.S.)
- Planon (Netherlands)
- Founders 3 Real Estate Services (U.S.)
- Accruent (U.S.)
- OCS Group Limited (U.K.)
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