The global healthcare facility management market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. Healthcare has become one of the fast-growing sectors. Thus, owing to its growth is due to the rising number of patients and healthcare expenditure by public and private players in healthcare systems. According to the Centers for Medicare & Medicaid Services (CMS), in 2020, the US health care spending grew 9.7%, reaching $4.1 trillion and a total of $12,530 per person. Additionally, healthcare spending accounted for 19.7% of the nation’s Gross Domestic Product. Furthermore, according to World Health Organization (WHO), the global healthcare expenditure was 9.856% of the world’s GDP in 2018. Additionally, the increasing integration of AI and IoT in healthcare facilities is anticipated to drive the adoption of healthcare facility management solutions and services which in turn will drive the growth of the market. Furthermore, the increasing prevalence of infectious diseases along with the rising number of patients is anticipated to drive the growth of the global healthcare facility management market during the forecast period.
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During COVID-19, as of May 2020, 212 countries had been impacted by the pandemic, and the governments of these countries had ordered nationwide lockdowns which shut down operations of various industries. Additionally, the global healthcare facility management market was also impacted by the COVID-19 pandemic due to the operational and logistic challenges faced by the market players due to lockdowns. However, the surge in the rising number of patients requiring healthcare facilities due to COVID-19 infection tremendously increased the demand for solutions and services for healthcare facility management which presented lucrative growth opportunities for the growth of the market during the COVID-19 pandemic.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Healthcare Facility Management Market by Location
- On-Site Facility Management
- Off-Site Facility Management
Global Healthcare Facility Management Market by Service
- Hard Services
- Construction Services
- Energy Services
Global Healthcare Facility Management Market by Settings
- Acute
- Post-Acute
- Non-Acute
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- 3M Co.
- Compass Group
- Cushman & Wakefield Debenham Tie Leung Ltd.
- Jones Lang LaSalle (JLL)
- Johnson Controls, Inc.
- Medxcel Facilities Management, LLC
- OCS Group Ltd.
- Serco
- Tenon Group
- Vanguard Resources
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global healthcare facility management market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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