Global Healthcare Facility Management
Market Report
2024
healthcare facility management market in terms of revenue was USD 320.56 billion in 2022 and is expected to grow to USD 542.60 billion by 2030, at a CAGR of approximately 6.8% during the forecast period. from 2023 to 2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The healthcare facility management market in terms of revenue was USD 320.56 billion in 2022 and is expected to grow to USD 542.60 billion by 2030, at a CAGR of approximately 6.8% during the forecast period from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Market Split by Location |
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Market Split by End User |
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Market Split by Settings |
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Market Split by Service |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Healthcare Facility Management Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Healthcare facility management is the process of overseeing and coordinating various operations of a healthcare facility to ensure that it runs smoothly and effectively. Also, it is the administration and maintenance of healthcare facility development. It delivers healthcare services to clinics, hospitals, surgical centers, long-term institutions, and others. Healthcare facilities identify the requirement for improvement and manage safety awareness programs in healthcare settings. This helps to provide a safe and hygienic environment to doctors, patients, nurses, and others. The rise in the healthcare facility management market has been driven by the rise in the prevalence of the geriatric population with the increase in the number of chronic diseases and obesity. Also, an increase in technological applications in healthcare facility management is contributing to the growth of the healthcare facility management market globally.
The growth of the healthcare facility management market is majorly driven by the increasing prevalence of the geriatric population with an increase in the number of patients with chronic diseases. The increased focus on health and well being are boosting the need for the healthcare facility management market.
Changing lifestyles, and environmental factors are responsible for the rise in cases of non-communicable diseases. There is an increase in pressure on healthcare providers to deliver high-quality care with a reduction in cost due to the rise in the prevalence of chronic disease. For achieving this goal, the demand for the healthcare facility management market is expected to increase in the forecast period.
Increasing focus on support services is expected to uplift the market growth in the forecast period. Demand for support services is rapidly expanding in the healthcare industry as hospitals and medical institutes are focusing on delivering high-quality treatment to patients. Most healthcare institutes depend on IT and telecommunication services for delivering better healthcare services.
The healthcare facility management market is hampered by some factors like problems with human workforce management, lack of technical understanding, and minimal rate of workforce management system adoption. However, healthcare facilities require high maintenance which is more expensive and expected to be the main restraining factor for the market.
Covid-19 Outbreak impacted positively the growth of the health facility management market. With the rise in the number of covid 19 patients, a rise in the number of diagnoses and treatments was observed.
Due to the sudden increase in the demand for the management of cleaning, catering medical waste, and other services were observed to provide efficient care that results in the adoption of healthcare facilities management services.
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This acquisition is beneficial to Sodexo to build and expand an existing business in the Asia Pacific and North America region. Also, the technical knowledge and operational experience of MTS Health help enhance the service for clients in Ireland and the UK.
Due to this acquisition, CBRE is able to run its services complimentary in Europe and Asia with Building’s shared services center in Costa Rica. With the acquisition, CBRE can provide 24/7 foundational occupancy planning services, including technical drawing and planning services, work order processing, spatial data management, and test fit support.
Top Companies Market Share in Healthcare Facility Management Industry: (In no particular order of Rank)
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Regionally, North America is dominating the global healthcare facility management market in 2022, accounting for a major market share, and is expected to continue dominating during the forecast period. The North American market is growing due to robust healthcare infrastructure and the introduction of various technologies for healthcare facilities management.
The rising healthcare expenditure with the rising prevalence of chronic diseases in the North American region is expected to uplift the market growth in this region.
The current report Scope analyzes Healthcare Facility Management Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Healthcare Facility Management Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Healthcare Facility Management Industry growth. Healthcare Facility Management market has been segmented with the help of its Location, End User Settings, and others. Healthcare Facility Management market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
By location, the market is divided into on-site facility management and off-site facility management. The on-site facility management accounted for the largest share of the market because of the increasing adoption of outsourcing facility management services. The majority of healthcare facility management services are effectively performed on-site.
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By the end user, the market is divided into hospitals & clinics, long-term care facilities, nursing homes, imaging & radiology centers, and dialysis centers. Hospitals and Clinics are accounted for contributing the largest share of the market due to the rise in the number of hospitals and clinics across the globe.
Hospitals and Clinics
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Healthcare Facility Management market report 2024 Edition by contacting our team.
By settings, the market is divided into acute settings, non-acute settings, and post-acute settings. Acute settings accounted for the largest share of the market due to the maximum sophistication of acute facilities and the huge spending in the healthcare facility management market.
By service, the market is divided into hard service, soft service, construction service, and energy service. Soft service has dominated the market because of the increasing investment in wastewater management, waste management, and others. Soft services include cleaning service, catering service, waste management, and security service.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Healthcare Facility Management Market is witnessing significant growth in the near future.
In 2023, the On-site facility management segment accounted for noticeable share of global Healthcare Facility Management Market and is projected to experience significant growth in the near future.
The Hospitals and Clinics segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Vanguard Group Inc , Capital Research & Management Co and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Location | On-site facility management, Off-site facility management |
End User | Hospitals and Clinics, Long-Term Care Facilities, Nursing homes, Imaging and radiology centers, Dialysis centers |
Settings | Acute settings, Non-acute settings, Post-acute settings |
Service | Hard service, Soft service, Construction service, Energy service |
List of Competitors | Vanguard Group Inc, Farallon Capital Management LLC, Capital Research & Management Co, RBC Global Asset Management Inc, Atlanta Capital Management Co. LLC, Barrow, Hanley, Mawhinney & Strauss LLC, Edgepoint Investment Group Inc, Janus Henderson Investors US LLC, Nomura Securities Co. Ltd., ABM Industries Inc, Medxcel Facility Management, Sodexo, Aramark Corporation, Ecolab Inc, Vanguard Resources, Mitie Group plc, Compass Group plc, OCS Group |
This chapter will help you gain GLOBAL Market Analysis of Healthcare Facility Management. Further deep in this chapter, you will be able to review Global Healthcare Facility Management Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Healthcare Facility Management Market Trends North America Healthcare Facility Management Technological Road Map North America Healthcare Facility Management Market Drivers North America Healthcare Facility Management Market Restraints North America Healthcare Facility Management Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
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Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Location Analysis 2019 -2031, will provide market size split by Location. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Location Analysis 2019 -2031
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Chapter 11 Market Split by End User Analysis 2019 -2031
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Chapter 12 Market Split by Settings Analysis 2019 -2031
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Chapter 13 Market Split by Service Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Healthcare Facility Management market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why On-site facility management have a significant impact on Healthcare Facility Management market? |
What are the key factors affecting the On-site facility management and Off-site facility management of Healthcare Facility Management Market? |
What is the CAGR/Growth Rate of Hospitals and Clinics during the forecast period? |
By type, which segment accounted for largest share of the global Healthcare Facility Management Market? |
Which region is expected to dominate the global Healthcare Facility Management Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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