U.S. Healthcare Facilities Management Market (By Hard Services Type: Plumbing, Fire Protection Systems, Mechanical and Electrical Maintenance, Air Conditioning Maintenance, Others; By Soft Services: Security, Laundry, Cleaning & Pest Control, Catering, Waste Management, Others) - Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

According to a new research report by Nova one advisor, the U.S.Healthcare Facilities Management market size is expected to hit around USD 473.18 billion by 2030 from valued at USD 201.03 billion in 2021 and growing at a CAGR of 13.2 % from 2022 to 2030.

The demand within the healthcare facilities management market is increasing at a boisterous pace in recent times. The healthcare industry has gradually shifted from being an absolutist focused on medical procedures to a more diverse industry that prioritises patient safety, utility, and wellness. For this reason, healthcare facilities do not just focus on inducting the latest medical device or technology, going an extra mile to ensure state-of-the-art rooms, beds, and storage systems. Healthcare facilities management is a broad area that covers several services provided across hospitals wards, waiting areas, and other zones. In this context, the growth of the global healthcare facilities management market is expected to attract huge-scale revenues.

• Provision of medical services, combined with the availability of add-on services such as laundry, air conditioning, and nurse-call have helped in improving the fettle of the healthcare sector. Plumbing and electric repair are some of the most common services used across the domain of healthcare management. The rise in the incidence of chronic diseases has compelled the healthcare fraternity to ensure proper execution of multiple services. Private healthcare institutions have been more active in deploying healthcare facility management services. The increasing spending capacity of private healthcare units has given a thrust to market expansion. The need for continual advancements in the healthcare service fabric has driven market demand.
• The healthcare industry contributes a substantial part to the GDP of a nation, and is responsible for maintaining the human development index. For this reason, investments in healthcare have been at the forefront of regional growth. The presence of a seamless and utility-driven healthcare sector also gives an impetus to accelerated patient recovery. The importance of care delivery has led medical practitioners to focus on improving healthcare facilities. Therefore, the healthcare facilities management market is set to expand in the times to follow.

Report Scope of the U.S.Healthcare Facilities Management Market

Service Insights

Different services involved in the healthcare facilities management market include hard services and soft services. The hard services segment has been further bifurcated into many non-core healthcare services including air conditioning maintenance, plumbing, electrical maintenance, fire protection systems, mechanical and electrical maintenance, and other hard services like fabric maintenance.

The soft services section has been further classified as laundry, medical waste management, catering, cleaning and pest control, security, and other soft services including administrative services. In 2019, soft healthcare facility management services segment occupied majority of the market share compared to hard healthcare facility management services. However, the hard services segment is foreseen to develop at a sophisticated growth rate years to come.

Regional Insights

North America is projected to lead the global healthcare facilities management market during years to come. This growth is on account of the strong healthcare organization and the introduction of diverse technologies for healthcare facilities. The complete circumstance of the healthcare structure varies extensively in North American. Presently, some of the hospitals have formed robust market position and certain hospitals have recognized a basic healthcare facility management. In 2020, American Cancer Society projected that there will be about 1.8 million new cancer cases detected and around 606,520 cancer deaths will occur in the U.S. Additionally, growing elderly population and rising chronic diseases throughout the region is expected to supplement the development of the healthcare facilities management market in the near future.

Some of the prominent players in the U.S.Healthcare Facilities Management market include:

• Aramark Corporation
• Compass Group plc
• Ecolab, Inc.
• ISS World Services A/S
• Jones Lang LaSalle, IP, Inc.
• Medxcel Facility Management
• Mitie Group plc
• OCS Group
• Secro Group plc
• Sodexo
• Vanguard Resources
• CBRE Group

Segments Covered in the Report

This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2018-2030. For this study, Nova one advisor has segmented U.S.Healthcare Facilities Management market based on services and region:

By Service Type

• Hard Services
• Soft Services

 By Hard Service Type

• Mechanical and Electrical Maintenance
• Plumbing, Air Conditioning Maintenance
• Fire Protection Systems
• Others

By Soft Service Type

• Laundry
• Waste Management
• Cleaning & Pest Control
• Catering
• Security
• Others

Key Points Covered in U.S.Healthcare Facilities Management Market Study:

• Growth of U.S.Healthcare Facilities Management in 2022
• Market Estimates and Forecasts (2017-2030)
• Brand Share and Market Share Analysis
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise
• Competition Mapping and Benchmarking
• Recommendation on Key Winning Strategies
• COVID-19 Impact on Demand for U.S.Healthcare Facilities Management and How to Navigate
• Key Product Innovations and Regulatory Climate
• U.S.Healthcare Facilities Management Consumption Analysis
• U.S.Healthcare Facilities Management Production Analysis
• U.S.Healthcare Facilities Management and Management