The global healthcare facility management market size reached USD 315.17 Billion in 2021 and is expected to register a revenue CAGR of 13.80% during the forecast period, according to the latest analysis by Emergen Research. Healthcare facility management market revenue growth is driven by factors such as increasing investments in healthcare infrastructure and construction of healthcare facilities, rising healthcare expenditure, increasing patient volume owing to rise in chronic diseases and COVID-19.
The authors of the report have provided Healthcare Facility Management industry projections as well as qualitative and quantitative assessments. Some of the most important components of this report are the SWOT analysis and Porter's Five Forces Analysis, which provide insight into the industry's highly competitive environment. The report provides a detailed analysis of the global Healthcare Facility Management market, including North America, Europe, Latin America, Asia Pacific, and Middle East and Africa. This report examines other key aspects of regional markets, in addition to revenue growth drivers restraints, production consumption patterns, changing consumer preferences, and stringent regulatory standards.
Hospital facility management includes a wide range of tasks, such as keeping hardware in good shape, dealing with non-clinical requests in a timely manner, making sure the building is clean and well-kept, and much more. Management often involves keeping an eye on various facors such as finances, employees, infrastructure, and security. Long-term planning, media affairs, marketing, compliance with the law, and security are just some of the many tasks that may fall within the responsibility of a manager of a health facility.
Investments by venture capitalists in healthcare are frequently used as an indicator of the market for new technologies. Patient needs and expectations, societal changes, technological advancements, and other factors may all contribute to these demands. As the sector emerges from COVID-19, it is expected that investments would increase in domains such as psychological counseling, Remote Patient Monitoring (RPM), telehealth, cyberattacks, and digital fitness.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Healthcare Facility Management market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Healthcare Facility Management market and pinpoint the fundamental growth trends.
The leading market contenders listed in the report are:
Global Healthcare Facility Management Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Some Key Highlights From the Report
- The waste management segment accounted for largest revenue share in 2021. Increasing number of individuals, particularly those residing in less developed countries, are becoming concerned about the implications that waste from the healthcare industry could have on the general population's health. Healthcare wastes encompass a wide variety of items wasted during medical care and can originate from a variety of settings, including hospitals, clinics, private homes, and even public facilities such as dialysis centers. The amount of medical waste generated across the globe is on the rise. Emerging and underdeveloped nations produce a far lower amount of waste in the medical sector compared to developed nations. It is vital to conduct routine audits of waste management.
- The cleaning services segment accounted for significantly rapid revenue CAGR in 2021. The process of cleaning a medical institution might require a large amount of time and effort due to the extensive number of tasks that must be completed. Disinfecting the floors, countertops, and other flat surfaces at a medical facility is the first step in cleaning the facility from top to bottom. Presence of allergens in dust may have a negative impact on health of patients. Using commercial disinfectants ensures that all germs and bacteria are eradicated.
- The hospitals & clinics segment accounted for largest revenue share in 2021. The continual availability of hospital care for acute and complex diseases complements and amplifies the efficacy of many other aspects of the health system. They focus limited resources on well-planned referral networks that effectively address health requirements of the community. They are crucial to achieving Sustainable Development Goals (SDGs) and are a pillar of Universal Health Coverage (UHC). In addition to primary care physicians, hospitals play an important role in expanding the healthcare system. There has been a global increase in the application of ionizing radiation in medicine.
- The market in North America accounted for largest revenue share in 2021. Expansion of current healthcare systems and creation of new technologies for healthcare facility management are two aspects that are expected to drive revenue growth of the market. The U.S. and Canada provide some of the best healthcare across the globe. The U.S. has the most expensive healthcare system worldwide. It has far more expensive healthcare than other North American countries due to a number of factors, including a higher rate of medical inflation.
Market Overview:
The report bifurcates the Healthcare Facility Management market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Waste Management
- Security Services
- Catering Services
- Cleaning Services
- Technical Support Services
- Other Products
- End-use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals & Clinics
- Long-term Healthcare Facilities
- Others
- Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- China
- India
- Japan
- South Korea
- Rest of APAC
- Brazil
- Rest of LATAM
- Saudi Arabia
- U.A.E.
- South Africa
- Turkey
- Rest of Middle East & Africa
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Key reasons to buy the Global Healthcare Facility Management Market report:
- The latest report comprehensively studies the global Healthcare Facility Management market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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