Market Overview:
The global healthcare facility management market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing demand for quality healthcare services, rising number of hospital-acquired infections (HAIs), and growing awareness about healthcare facility management among end users. Based on type, the global healthcare facility management market is segmented into plumbing, air conditioning maintenance, fire protection systems, mechanical and electrical maintenance, cleaning and pest control, laundry, catering, security waste management and others. Among these segments plumbing held the largest share in 2017 owing to its importance for proper functioning of hospitals and other health care facilities. Air conditioning maintenance is expected to be the fastest growing segment during the forecast period due to increasing demand for energy-efficient cooling systems in hospitals worldwide.
Product Definition:
Healthcare Facility Management is the process of managing and organizing a healthcare facility. This includes creating and implementing policies and procedures, as well as overseeing day-to-day operations. Healthcare Facility Management is important because it ensures that the healthcare facility runs smoothly and efficiently, providing quality care to patients.
Plumbing, Air Conditioning Maintenance:
Plumbing, air conditioning maintenance is a service that involves the repair and installation of plumbing fixtures and equipment, such as water heaters, toilets, urinals; as well as the repair and replacement of HVAC systems. The global market size was valued at USD 6.5 billion in 2015 which is anticipated to grow at a CAGR of XX% over the forecast period.
Fire Protection Systems:
The global fire protection systems and it's usage in healthcare facility management market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing number of hospital acquired infections (HAIs) due to lack of sanitation and precautionary measures is one of the key factors driving growth.
Application Insights:
The hospital segment dominated the global healthcare facility management market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as increasing number of hospitals, rising prevalence of diseases and government initiatives encouraging construction of new hospitals. For instance, according to a study published by the World Health Organization (WHO) in 2016, it was estimated that there were approximately 662 million patients aged 60 years or above across the globe. Furthermore, this demographic is more susceptible to chronic diseases which requires longer hospital stay which will further increase healthcare utilization leading to an increased demand for facility management services at these facilities.
Furthermore, with growing aging population across developed countries such as Germany and Japan who are likelyto require long-term care services along with an increase in chronic conditions like heart disease.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of healthcare facilities, increasing investments in infrastructure development, and rising demand for cost-effective services are some factors driving the growth. In addition, favorable reimbursement policies and growing awareness about GHFM services are expected to propel the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to an increase in healthcare expenditure coupled with government initiatives for improving patient care standards and boosting economic performance of public hospitals.
Growth Factors:
- Increasing demand for healthcare services owing to the growth in population and the rise in incidence of lifestyle diseases
- Rising awareness about preventive healthcare and growing demand for quality healthcare services
- Proliferation of private hospitals and increasing investments by hospital chains in Healthcare Facility Management market
- Emergence of new technologies such as big data, cloud computing, and mobile health that are helping to improve operational efficiency of healthcare facilities
- Growing focus on value-based care models that emphasize on delivering better patient outcomes at lower costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Healthcare Facility Management Market Research Report
By Type
Plumbing, Air Conditioning Maintenance, Fire Protection Systems, Mechanical and Electrical Maintenance, Cleaning and Pest Control, Laundry, Catering, Security, Waste Management, Others
By Application
Hospital, Ambulatory Service Centers, Clinics, Others
By Companies
Siegel-Gallagher Management Company, Inc., Iss World Services A/S, ABM, Ecolab USA Inc., OCS Group, Medxcel Facilities Management, Aramark, Vanguard Resources, Mitie Group PLC, Arpal Group, AmeriPride Service Inc., Founders3 Real Estate Services, Sodexo, Inc., Compass Group Plc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Healthcare Facility Management Market Report Segments:
The global Healthcare Facility Management market is segmented on the basis of:
Types
Plumbing, Air Conditioning Maintenance, Fire Protection Systems, Mechanical and Electrical Maintenance, Cleaning and Pest Control, Laundry, Catering, Security, Waste Management, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Ambulatory Service Centers, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siegel-Gallagher Management Company, Inc.
- Iss World Services A/S
- ABM
- Ecolab USA Inc.
- OCS Group
- Medxcel Facilities Management
- Aramark
- Vanguard Resources
- Mitie Group PLC
- Arpal Group
- AmeriPride Service Inc.
- Founders3 Real Estate Services
- Sodexo, Inc.
- Compass Group Plc
Highlights of The Healthcare Facility Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plumbing, Air Conditioning Maintenance
- Fire Protection Systems
- Mechanical and Electrical Maintenance
- Cleaning and Pest Control
- Laundry
- Catering
- Security
- Waste Management
- Others
- By Application:
- Hospital
- Ambulatory Service Centers
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Healthcare Facility Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Healthcare facility management is the process of overseeing and managing a healthcare facility, including its physical plant, clinical operations, financial resources and administrative functions. Healthcare facilities can range in size from small clinics to large hospitals. Healthcare facility managers typically oversee multiple departments within a hospital or clinic, such as medical staff, maintenance crews, accounting staff and marketing teams.
Some of the major players in the healthcare facility management market are Siegel-Gallagher Management Company, Inc., Iss World Services A/S, ABM, Ecolab USA Inc., OCS Group, Medxcel Facilities Management, Aramark, Vanguard Resources, Mitie Group PLC, Arpal Group, AmeriPride Service Inc., Founders3 Real Estate Services, Sodexo, Inc., Compass Group Plc.
The healthcare facility management market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Healthcare Facility Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Healthcare Facility Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Healthcare Facility Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Healthcare Facility Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Healthcare Facility Management Market Size & Forecast, 2018-2028
4.5.1 Healthcare Facility Management Market Size and Y-o-Y Growth
4.5.2 Healthcare Facility Management Market Absolute $ Opportunity
Chapter 5 Global Healthcare Facility Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Healthcare Facility Management Market Size Forecast by Type
5.2.1 Plumbing
5.2.2 Air Conditioning Maintenance
5.2.3 Fire Protection Systems
5.2.4 Mechanical and Electrical Maintenance
5.2.5 Cleaning and Pest Control
5.2.6 Laundry
5.2.7 Catering
5.2.8 Security
5.2.9 Waste Management
5.2.10 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Healthcare Facility Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Healthcare Facility Management Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Ambulatory Service Centers
6.2.3 Clinics
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Healthcare Facility Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Healthcare Facility Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Healthcare Facility Management Analysis and Forecast
9.1 Introduction
9.2 North America Healthcare Facility Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Healthcare Facility Management Market Size Forecast by Type
9.6.1 Plumbing
9.6.2 Air Conditioning Maintenance
9.6.3 Fire Protection Systems
9.6.4 Mechanical and Electrical Maintenance
9.6.5 Cleaning and Pest Control
9.6.6 Laundry
9.6.7 Catering
9.6.8 Security
9.6.9 Waste Management
9.6.10 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Healthcare Facility Management Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Ambulatory Service Centers
9.10.3 Clinics
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Healthcare Facility Management Analysis and Forecast
10.1 Introduction
10.2 Europe Healthcare Facility Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Healthcare Facility Management Market Size Forecast by Type
10.6.1 Plumbing
10.6.2 Air Conditioning Maintenance
10.6.3 Fire Protection Systems
10.6.4 Mechanical and Electrical Maintenance
10.6.5 Cleaning and Pest Control
10.6.6 Laundry
10.6.7 Catering
10.6.8 Security
10.6.9 Waste Management
10.6.10 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Healthcare Facility Management Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Ambulatory Service Centers
10.10.3 Clinics
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Healthcare Facility Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Healthcare Facility Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Healthcare Facility Management Market Size Forecast by Type
11.6.1 Plumbing
11.6.2 Air Conditioning Maintenance
11.6.3 Fire Protection Systems
11.6.4 Mechanical and Electrical Maintenance
11.6.5 Cleaning and Pest Control
11.6.6 Laundry
11.6.7 Catering
11.6.8 Security
11.6.9 Waste Management
11.6.10 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Healthcare Facility Management Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Ambulatory Service Centers
11.10.3 Clinics
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Healthcare Facility Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Healthcare Facility Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Healthcare Facility Management Market Size Forecast by Type
12.6.1 Plumbing
12.6.2 Air Conditioning Maintenance
12.6.3 Fire Protection Systems
12.6.4 Mechanical and Electrical Maintenance
12.6.5 Cleaning and Pest Control
12.6.6 Laundry
12.6.7 Catering
12.6.8 Security
12.6.9 Waste Management
12.6.10 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Healthcare Facility Management Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Ambulatory Service Centers
12.10.3 Clinics
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Healthcare Facility Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Healthcare Facility Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Healthcare Facility Management Market Size Forecast by Type
13.6.1 Plumbing
13.6.2 Air Conditioning Maintenance
13.6.3 Fire Protection Systems
13.6.4 Mechanical and Electrical Maintenance
13.6.5 Cleaning and Pest Control
13.6.6 Laundry
13.6.7 Catering
13.6.8 Security
13.6.9 Waste Management
13.6.10 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Healthcare Facility Management Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Ambulatory Service Centers
13.10.3 Clinics
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Healthcare Facility Management Market: Competitive Dashboard
14.2 Global Healthcare Facility Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siegel-Gallagher Management Company, Inc.
14.3.2 Iss World Services A/S
14.3.3 ABM
14.3.4 Ecolab USA Inc.
14.3.5 OCS Group
14.3.6 Medxcel Facilities Management
14.3.7 Aramark
14.3.8 Vanguard Resources
14.3.9 Mitie Group PLC
14.3.10 Arpal Group
14.3.11 AmeriPride Service Inc.
14.3.12 Founders3 Real Estate Services
14.3.13 Sodexo, Inc.
14.3.14 Compass Group Plc
