The latest report by IMARC Group, titled “Healthcare Facilities Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” provides an extensive analysis of the industry, including healthcare facilities management market forecast. The report also covers competitor and regional analysis and the latest advancements in the global market.
The global healthcare facilities management market size reached US$ 373.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 761.6 Billion by 2032, exhibiting a growth rate (CAGR) of 8.1% during 2024-2032.
Healthcare Facilities Management Market Overview:
Healthcare facilities management encompasses the coordination and optimization of various services and resources within healthcare facilities to ensure their efficient operation and delivery of quality patient care. It involves the management of physical spaces, equipment, utilities, and support services like cleaning, security, and maintenance. This field is manufactured through the integration of management principles, healthcare regulations, technological advancements, and best practices in facility management. The importance of healthcare facilities management lies in its ability to create safe, clean, and well-maintained environments conducive to healing and recovery, while also maximizing operational efficiency and cost-effectiveness. Its benefits include improved patient outcomes, enhanced staff productivity, reduced operational risks, and better resource utilization.
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Global Healthcare Facilities Management Market Trends:
The global market is primarily driven by the augmenting demand for healthcare services due to population growth and aging demographics is placing immense pressure on healthcare facilities to optimize their operations. Additionally, continual advancements in technology, such as the adoption of IoT devices and AI-driven solutions, are revolutionizing healthcare facilities management by enabling predictive maintenance, real-time monitoring, and data-driven decision-making is impelling market growth. Moreover, the increasing complexity of regulatory compliance requirements and accreditation standards is driving healthcare facilities to invest in comprehensive management solutions to ensure compliance and mitigate risks stimulating market growth. Furthermore, the rising proliferation of outpatient care and ambulatory surgery centers is expanding the scope of healthcare facilities management and is propelling market growth.
Competitive Landscape with Key Players:
- ABM Industries Inc
- Aramark Corporation
- Compass Group PLC
- Ecolab Inc.
- International Business Machines Corporation
- ISS A/S
- Jones Lang LaSalle Incorporated
- Mitie Group plc
- OCS Group limited
- Oracle Corporation
- Serco Group plc and Sodexo
Key Market Segmentation:
Breakup by Service Type:
- Property Services
- Cleaning Services
- Security Services
- Catering Services
- Support Services
- Environmental Management Services
Breakup by Business Model:
- Outsourced
- In-House
Breakup by End User:
- Hospitals and Clinics
- Long-term Healthcare Facilities
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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