The global healthcare facility management market size was US$ 208.8 billion in 2021. The global healthcare facility management market size is estimated to reach US$ 396.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% during the forecast period from 2022 to 2030.
Management of healthcare facilities is the administration and maintenance of the development of a health facility. This includes providing healthcare services in clinics, long-term institutions, hospitals, surgical centers, and more. Its services establish safety policies and maintenance schedules, identify needs for repair or improvement, and manage safety and sanitation awareness programs in health care settings. This help provides a safe and clean environment to nurses, doctors, outpatients, hospitalized patients, and others. Healthcare facility management cares about the quality of life of patients and maintains medical facilities by preventing equipment failure so that there is no interruption during any surgical operation.
Factors Affecting Marketing Growth
The increase in the majority of the geriatric population along with the rise in the number of patients with chronic diseases, and obesity and the introduction of new services by a large number of key players are driving the growth of the global market.
The launch of various healthcare facilities providing programs by the private and public sectors drives the growth of the global market.
Healthcare facilities can reduce their expenditure on non-core healthcare services. This is driving the growth of the global market.
Impact on COVID-19 Analysis
The COVID-19 outbreak is expected to have a positive impact on the growth of the global healthcare facility management market. During the pandemic sudden rise in demand for the management of medical waste, cleaning, catering and other services was observed to provide efficient care to a large patient population, which led to an increase in the adoption of healthcare facilities management services. Thus, driving the growth of the global market.
North America garnered the major global healthcare facility management market share in 2021 and is expected to continue to dominate during the forecast period, due to robust healthcare infrastructure. On the other hand, Asia-Pacific is expected to register the highest CAGR during the global healthcare facility management market forecast, due to the rise in concentration on partnerships with local players to provide services to end users and increase their geographic footprint.
The prominent players in the global healthcare facility management market are:
Jones Lang LaSalle Incorporated
ABM Industries Inc.
The global healthcare facility management market segmentation focuses on Service Type, End User, and Region.
Segmentation on the basis of Service Type
? Plumbing and Air Conditioning Maintenance
? Fire Protection
? Mechanical and Electrical Maintenance
? Cleaning Services
? Catering Services
? Security Services
? Waste Management
Segmentation on the basis of End User
Hospitals and Clinics
Long Term Care Facilities
Segmentation on the basis of Region
Rest of Western Europe
Rest of Eastern Europe
Australia & New Zealand
Rest of Asia Pacific
Middle East & Africa (MEA)
Rest of MEA
Rest of South America