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 healthcare facilities management market research report. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
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 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.
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Global Healthcare Facilities Management Market Scope & Growth Analysis:
The global market scope is expanding due to the increasing complexity of healthcare operations, coupled with the need for specialized services. The integration of advanced technologies, such as AI and machine learning, into facilities management practices, enhances predictive maintenance and operational efficiency, thus widening the market scope. Additionally, the shift towards value-based healthcare models emphasizes the importance of efficient facility management to improve patient outcomes and reduce costs. The growing awareness of the importance of a safe and hygienic environment in healthcare settings further supports the demand for comprehensive facilities management solutions. Market analysis also highlights the trend towards the adoption of smart building solutions, which integrate various systems for better control and efficiency, as a crucial factor in expanding the market. Furthermore, the increasing investments in healthcare infrastructure in developing regions present a significant growth scope.
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
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- Strong Market Research Expertise
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- Provides Insightful Forecasts
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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.
About Us:
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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