Healthcare Facilities Management Market Size, Share, Growth and Value 2032

Healthcare Facilities Management Market Insights

According to Zion Market Research, the global Healthcare Facilities Management Market was worth USD 385.00 Billion in 2023. The market is forecast to reach USD 1102.44 Billion by 2032, growing at a compound annual growth rate (CAGR) of 12.4% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Healthcare Facilities Management Market industry over the next decade.

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Healthcare Facilities Management Market: Overview

Healthcare facilities management is key component of healthcare industry. It assists in improving patient experience through imparting of effective clinical care facilities. Moreover, it focuses on proficient service delivery and acts as a support system for various kinds of healthcare firms. Apart from this, healthcare facilities management succors techno-scientific managing of services including cleaning, security, catering, and maintenance. In addition to this, healthcare facilities management also helps in enhancing primary healthcare outcomes in emerging & under-developed economies. Apparently, new technologies such as connected things enable healthcare facility management to offer effective customer services.

Healthcare Facilities Management Market: Growth Drivers

Growth of the healthcare facilities management market over the forecast timespan can be credited to rise in outsourcing of facility management solutions by healthcare firms to focus on core healthcare competencies. In addition to this, an increase in the aging population prone to suffering from chronic ailments is likely to translate into humungous demand for effective healthcare amenities, thereby driving market trends. Apparently, the thriving medical tourism industry in emerging nations will generate new growth avenues for the healthcare facilities management industry in the upcoming years.

Furthermore, surge in expenditure on healthcare activities will prompt the expansion of the healthcare facilities management market across globe. Moreover, rise in acceptance of new technologies including automated guided vehicles in clinics will boost size of healthcare facilities management industry.

Moreover, the rise in incidences of chronic disorders will pave a way for the massive growth of the healthcare facilities management industry in near future. Additionally, a prominent increase in the number of healthcare amenities along with massive awareness about rare disorders will promulgate the expansion of the healthcare facilities management industry over the forecasting timespan. However, huge expenses related to the cleansing and disinfecting of medical equipment can pose a challenge to the growth of the healthcare facilities management market.

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Healthcare Facilities Management Market: Report Scope

Healthcare Facilities Management Market: Regional Landscape

North America To Lead Healthcare Facilities Management Market Growth Over 2024-2032

Expansion of healthcare facilities management over the forecast timespan is due to the presence of robust healthcare infrastructure in the region. Apart from this, the launching of different kinds of new tools in healthcare facilities management will impel the revenue size of the healthcare facilities management market in North America over the anticipated timespan. A rise in healthcare spending in countries such as the U.S. will culminate in humungous growth of the regional market over the assessment period.

Healthcare Facilities Management Market- Competitive Landscape

Key participants influencing growth of healthcare facilities management market and profiled in report are

• ABM Industries Inc
• ISS World Services A/S
• Jones Lang LaSalle Incorporated
• Mitie Group Plc
• Ecolab USA Inc
• OCS Group
• Aramark Corporation
• Medxcel Facilities Management
• Founders3 Real Estate Services
• Sodexo, Inc
• Vanguard Resources Inc
• Compass Group Plc

The global Healthcare Facilities Management Market is segmented as follows:

By End-User

• Hospitals & Clinics
• Ambulatory Service Centers
• Long-Term Healthcare Facilities

By Services

• Hard Services
• Soft  Services    

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa