Market Overview:
The global modular healthcare facilities market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for modular healthcare buildings, modular healthcare devices, and other modular healthcare facilities. The hospital application segment is expected to dominate the global modular healthcare facilities market during the forecast period. North America is expected to lead the global modular healthcare facilities market in terms of revenue during the forecast period.
Product Definition:
Modular healthcare facilities are prefabricated, transportable buildings used for the provision of ambulatory care, clinic space, and other medical services. They are an important part of the healthcare infrastructure as they can be easily deployed to areas where there is a need for additional or replacement healthcare capacity.
Modular Healthcare Buildings:
Modular healthcare buildings are used to provide facilities for medical and surgical procedures, diagnostic testing, emergency care & treatment of patients. These buildings are also known as “medical blocks” or “block hospitals”. They contain various equipment such as operating rooms, ICU (intensive care unit), CT scan rooms, laboratories & other utility spaces like laundry etc.
These modular structures can be customized according to the requirement of a hospital by changing its structure.
Modular Healthcare Devices:
Modular healthcare devices are used in modular healthcare facilities. These devices are used for treatment, diagnosis, and prevention of diseases. The primary function of these modules is to increase the functionality and efficiency of medical procedures at a minimal cost. Modular technology has been around for quite some time; however, it has gained prominence only recently due to its application in the field of telemedicine and home health care monitoring systems among others.
Application Insights:
The hospital application segment accounted for the largest share of 60.0% in 2017. The demand for modular healthcare facilities is expected to increase at hospitals due to growing awareness about cost-effectiveness and efficiency, coupled with an increasing number of patients requiring medical attention over a specific period of time.
Clinical research centers are also anticipated to exhibit significant growth owing to the rising need for advanced diagnostics and therapeutics services, which require highly sophisticated equipment and facilities. Furthermore, clinical research centers focus on improving patient care through new technologies while reducing costs through efficient use of space by adopting modular designs that can be expanded as required without having any impact on existing construction or renovation activities at clinical sites. These factors are likely to drive demand over the forecast period.
Increasing investments in developing countries such as India, China.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of players coupled with high investments in research and development is expected to drive the demand for modular healthcare buildings over the forecast period. In addition, growing awareness regarding cost-effective construction techniques is also expected to propel growth during the same period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing government initiatives pertaining modular construction as it helps in reducing overall project costs and provides flexibility while meeting regulatory requirements for structural safety, fire safety, maintainability etc. Modular buildings are environment-friendly as they require lesser material inputs during their manufacturing process thus reducing carbon footprint associated with conventional building structures.
Growth Factors:
- Increasing demand for modular healthcare facilities due to the growing population and the subsequent increase in the number of patients.
- Rising prevalence of chronic diseases, which is leading to an increase in the demand for healthcare services and facilities.
- Technological advancements in modular construction that are making these structures more efficient and durable.
- Growing awareness about the benefits of using modular healthcare facilities among healthcare providers and patients alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Modular Healthcare Facilities Market Research Report
By Type
Modular Healthcare Buildings, Modular Healthcare Devices, Other
By Application
Hospital, Clinic
By Companies
Veritas Medical Solutions, Yorkon, C. Miesen, ModuleCo, NELCO, Veritas Medical Solutions
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Modular Healthcare Facilities Market Report Segments:
The global Modular Healthcare Facilities market is segmented on the basis of:
Types
Modular Healthcare Buildings, Modular Healthcare Devices, Other
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, Clinic
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:
- Veritas Medical Solutions
- Yorkon
- C. Miesen
- ModuleCo
- NELCO
- Veritas Medical Solutions
Highlights of The Modular Healthcare Facilities 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:
- Modular Healthcare Buildings
- Modular Healthcare Devices
- Other
- By Application:
- Hospital
- Clinic
- 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 Modular Healthcare Facilities 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Modular healthcare facilities are buildings or complexes that are designed to be assembled and disassembled, allowing for quick and easy relocation. This type of facility can be used in locations where there is a need for increased flexibility in the way care is delivered.
Some of the key players operating in the modular healthcare facilities market are Veritas Medical Solutions, Yorkon, C. Miesen, ModuleCo, NELCO, Veritas Medical Solutions.
The modular healthcare facilities market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modular Healthcare Facilities 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 Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size & Forecast, 2018-2028
4.5.1 Modular Healthcare Facilities Market Size and Y-o-Y Growth
4.5.2 Modular Healthcare Facilities Market Absolute $ Opportunity
Chapter 5 Global Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size Forecast by Type
5.2.1 Modular Healthcare Buildings
5.2.2 Modular Healthcare Devices
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modular Healthcare Facilities 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 Modular Healthcare Facilities 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 Modular Healthcare Facilities Analysis and Forecast
9.1 Introduction
9.2 North America Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size Forecast by Type
9.6.1 Modular Healthcare Buildings
9.6.2 Modular Healthcare Devices
9.6.3 Other
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 Modular Healthcare Facilities Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
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 Modular Healthcare Facilities Analysis and Forecast
10.1 Introduction
10.2 Europe Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size Forecast by Type
10.6.1 Modular Healthcare Buildings
10.6.2 Modular Healthcare Devices
10.6.3 Other
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 Modular Healthcare Facilities Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
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 Modular Healthcare Facilities Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size Forecast by Type
11.6.1 Modular Healthcare Buildings
11.6.2 Modular Healthcare Devices
11.6.3 Other
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 Modular Healthcare Facilities Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
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 Modular Healthcare Facilities Analysis and Forecast
12.1 Introduction
12.2 Latin America Modular Healthcare Facilities 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 Modular Healthcare Facilities Market Size Forecast by Type
12.6.1 Modular Healthcare Buildings
12.6.2 Modular Healthcare Devices
12.6.3 Other
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 Modular Healthcare Facilities Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
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) Modular Healthcare Facilities Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Modular Healthcare Facilities 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) Modular Healthcare Facilities Market Size Forecast by Type
13.6.1 Modular Healthcare Buildings
13.6.2 Modular Healthcare Devices
13.6.3 Other
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) Modular Healthcare Facilities Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
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 Modular Healthcare Facilities Market: Competitive Dashboard
14.2 Global Modular Healthcare Facilities Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Veritas Medical Solutions
14.3.2 Yorkon
14.3.3 C. Miesen
14.3.4 ModuleCo
14.3.5 NELCO
14.3.6 Veritas Medical Solutions
