Healthcare Facility Management Market
Global Healthcare Facility Management Market Size, Share & Trends Analysis Report by Location (On-Site Facility Management and Off-Site Facility Management), by Service (Hard Service, Construction Servicesb and Energy Services), and by Settings (Acute, Post-Acute and Non-Acute) Forecast (2022-2028)
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.
Impact of COVID-19 Pandemic on Global Healthcare Facility Management Market
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.
Segmental Outlook
The global healthcare facility management market is segmented based on location, service and settings. Based on the location, the market is sub-segmented into on-site facility management and off-site facility management. Based on the services, the market is sub-segmented into hard services, construction services and energy services. Based on the settings, the market is sub-segmented into acute, post-acute and non-acute.
Global Healthcare Facility Management Market Share by Location, 2021 (%)
On-Site Facility Management Segment to Hold Prominent Share in the Global Healthcare Facility Management Market
Based on the location, the on-site facility management segment in the global healthcare facility management market expected to hold prominent share in 2021. The factor driving the on-site facility management segment is due to an increase in the demand for better health facilities as well as the increasing adoption of outsourcing facility management services. Moreover, the majority of healthcare facility management services are efficiently performed on-site.
Regional Outlook
The global Healthcare Facility Management market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Germany, Italy, Spain, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The Asia-Pacific region is anticipated to grow during the forecast period due to the rising technological adoption in the region.
Global Healthcare Facility Management Market Growth by Region, 2022-2028
North America Region Holds a Prominent Share in the Global Healthcare Facility Management Market
North America region holds a prominent share in the healthcare facility management market. The major factor driving the growth of the market in the region is due to the robust healthcare infrastructure as well as the introduction of advanced technologies for healthcare facilities management. Furthermore, the rising geriatric population in the region is anticipated to boost the growth of the market in the region. According to the ACL Administration for Community Living, there were 54.1 million people age 65 and older in the US which represented 16% of the population, more than one in every seven Americans.
Market Players Outlook
The major companies serving the global healthcare facility management market include ABM, Aramark Corp., Ecolabs, Iss Global and Sodexo, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, and geographical expansion, to stay competitive in the market. For instance, in January 2022, CBRE acquired Buildingi, leading provider of occupancy planning and technology services to meet the growing occupier demand for holistic occupancy management services.
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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Healthcare Facility Management Market
• Recovery Scenario of Global Healthcare Facility Management Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. ABM
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Aramark Corp.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Ecolab
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. ISS Global
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Sodexo
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Healthcare Facility Management Market by Location
4.1.1. On-Site Facility Management
4.1.2. Off-Site Facility Management
4.2. Global Healthcare Facility Management Market by Service
4.2.1. Hard Services
4.2.2. Construction Services
4.2.3. Energy Services
4.3. Global Healthcare Facility Management Market by Settings
4.3.1. Acute
4.3.2. Post-Acute
4.3.3. Non-Acute
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3M Co.
6.2. Compass Group
6.3. Cushman & Wakefield Debenham Tie Leung Ltd.
6.4. Jones Lang LaSalle (JLL)
6.5. Johnson Controls, Inc.
6.6. Medxcel Facilities Management, LLC
6.7. OCS Group Ltd.
6.8. Serco
6.9. Tenon Group
6.10. Vanguard Resources
1. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY LOCATION, 2021-2028 ($ MILLION)
2. GLOBAL ON-SITE HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL OFF-SITE HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
5. GLOBAL HEALTHCARE FACILITY MANAGEMENT FOR HARD SERVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL HEALTHCARE FACILITY MANAGEMENT FOR CONSTRUCTION SERVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL HEALTHCARE FACILITY MANAGEMENT FOR ENERGY SERVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SETTING, 2021-2028 ($ MILLION)
9. GLOBAL ACUTE HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL POST-ACUTE HEALTHCARE FACILITY MANAGEMENT FOR LARGE ENTERPRISE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL NON-ACUTE HEALTHCARE FACILITY MANAGEMENT FOR LARGE ENTERPRISE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY LOCATION, 2021-2028 ($ MILLION)
15. NORTH AMERICAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SETTING, 2021-2028 ($ MILLION)
17. EUROPEAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY LOCATION, 2021-2028 ($ MILLION)
19. EUROPEAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
20. EUROPEAN HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SETTING, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY LOCATION, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SETTING, 2021-2028 ($ MILLION)
25. REST OF THE WORLD HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY LOCATION, 2021-2028 ($ MILLION)
27. REST OF THE WORLD HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SERVICE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD HEALTHCARE FACILITY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SETTING, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET, 2022-2028 (%)
4. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY LOCATION, 2021 VS 2028 (%)
5. GLOBAL ON-SITE HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL OFF-SITE HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY SERVICE, 2021 VS 2028 (%)
8. GLOBAL HEALTHCARE FACILITY MANAGEMENT FOR HARD SEVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL HEALTHCARE FACILITY MANAGEMENT FOR CONSTRUCTION SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL HEALTHCARE FACILITY MANAGEMENT FOR ENERGY SERVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY SETTINGS, 2021 VS 2028 (%)
12. GLOBAL ACUTE HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL POST-ACUTE HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL NON-ACUTE HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL HEALTHCARE FACILITY MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
18. UK HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD HEALTHCARE FACILITY MANAGEMENT MARKET SIZE, 2021-2028 ($ MILLION)
