Healthcare Facilities Management - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Healthcare Facilities Management Market is accounted for $215.93 billion in 2018 and is expected to reach $796.05 billion by 2027 growing at a CAGR of 15.6% during the forecast period Development of innovative ICT technologies, and KPI (Key Performance Indices) matrix for measuring facility services are the major factors propelling the market growth. However, lack of technical experts is hampering the market growth.
The healthcare facility management services are non-core services of a healthcare facility which have emerged as essential services in the quest to provide good in-patient care and efficient running of a healthcare facility. The healthcare facility management market is witnessing a shift in technology to improve facility monitoring, cost effectiveness, and efficiency. Healthcare facility management service providers are adopting advanced ICT to meet the rising expectations of healthcare organizations.
Based on the end user, the hospitals and clinics segment is going to have a lucrative growth during the forecast period due to the increasing awareness about the cleanliness required to avoid spreading of diseases and awareness regarding the need for controlling the contamination of the environment.
By geography, North America is going to have a lucrative growth during the forecast period owing to the robust healthcare infrastructure and the introduction of different technologies for healthcare facilities management that is expected to fuel the growth of the market. The overall condition of the healthcare infrastructure also varies widely in the North American region. Hospitals present are found to have with strong market position and some hospitals have established a basic healthcare facility management. Furthermore, the rising geriatric population and increasing chronic diseases across the region is augmenting the growth of the healthcare facilities management market in the forecast period.
Some of the key players profiled in the Healthcare Facilities Management Market include ABM Industries Inc, Aramark Corporation, Compass Group plc, Ecolab, Inc, ISS World Services A/S, Jones Lang LaSalle, Manutencoop Facility Management S.p.A. (MFM), Medxcel Facility Management, Mitie Group plc, OCS Group, Secro Group plc, Sodexo, Vanguard Resources, and UEM Edgenta Berhad.
• Hard Services
• Soft Services
End Users Covered:
• Hospitals and Clinics
• Long-term Healthcare Facilities
• Ambulatory Service Centers
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
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- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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- Supply chain trends mapping the latest technological advancements
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