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How has the Green Hospitals market size evolved in recent years?

The market size of green hospitals has seen a swift expansion in the past few years. The market is projected to rise from $45.81 billion in 2024 to $52.02 billion in 2025, with a compound annual growth rate (CAGR) of 13.6%. Factors that drove growth during the historic period include a heightened global awareness of environmental issues, the urgency for sustainable methods, the increasing count of hospitals striving for sustainability, the implementation of renewable energy, and the substantial impact of green hospitals on reducing carbon emissions.

What are the predictions for the green hospitals market size in the coming years?

The market size of green hospitals is projected to witness significant growth in the forthcoming years. By 2029, its value is expected to reach $85.4 billion, expanding at a compound annual growth rate (CAGR) of 13.2%. The projected growth during the forecast period can be credited to organizations helping hospitals attain their net-zero emission objectives, the utilization of eco-friendly construction materials, the development of green hospitals, progressively enforcing green procurement regulations, and various healthcare programs aimed at boosting sustainability. The forecast period is expected to witness major trends such as cutting-edge technological developments, the adoption of energy-efficient lighting, renewable energy sources, waste minimization plans for improving sustainability, and an extensive array of environmentally sensitive healthcare services.

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What key factors are fueling the growth of the green hospitals market?

Efforts by the government to endorse sustainable healthcare are anticipated to fuel the expansion of the green hospital market in the future. Sustainable healthcare promotion by the government includes policies and procedures aimed at ensuring that healthcare systems address current needs without jeopardizing future resources or environmental conditions. This is achieved through a focus on the conservation of resources, ensuring fair access to healthcare, and endorsing environmentally friendly practices such as energy-efficient buildings, integration of renewable energy, and waste management, particularly in green hospitals. For example, in June 2023, ZonMw, a healthcare research and healthcare innovation organization based in the Netherlands, became a signatory of the Sustainable Healthcare Green Deal 3.0. With this, they joined a collective effort to reduce the environmental footprint of the healthcare sector. The government has expressed its commitment to make healthcare more sustainable in multiple policy documents and contracts. The earlier administration already pledged to reach net-zero carbon emissions by 2050 under the Climate Act (Klimaatwet), a goal that healthcare institutions are also expected to achieve. Thus, the growth of the green hospital market is being spurred by the increasing government actions to endorse sustainable healthcare.

How is the global green hospitals market divided into key segments?

The green hospitals market covered in this report is segmented –

1) By Type Of Green Technology: Energy-Efficient Lightning, Renewable Energy Sources, Waste Reduction Programs

2) By Services: Medical Services, Surgical Services, Emergency Services

3) By Certification Range: Leadership In Energy And Environmental Design (LEED) Certification, Green Globes Corporation, Energy Star Certification

4) By Ownership: Government-Owned Facilities, Private Facilities, Non-Profit Facilities

5) By Application: Hospitals, Clinics, Long-Term Care Facilities

Subsegments:

1) By Energy-Efficient Lighting: Led Lighting, Smart Lighting Systems, Occupancy Sensor-Based Lighting

2) By Renewable Energy Sources: Solar Power Systems, Wind Energy Systems, Geothermal Heating And Cooling

3) By Waste Reduction Programs: Medical Waste Recycling, Waste Segregation And Composting, Energy-From-Waste Technologies

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Who are the key firms paving the way for growth in the green hospitals market?

Major companies operating in the green hospitals market are Hitachi Ltd., Siemens AG, Schneider Electric SE, Honeywell International Inc., Johnson Controls International PLC, Lyngsoe Systems A/S, Medline Industries Inc., Eaton Corp., Waste Management Inc., Koninklijke Philips N.V., Trane Technologies Plc, Northwell Health Inc., Dignity Health, Owens-Corning Overseas Holdings Inc., GE HealthCare Technologies Inc., Mount Sinai Health System Inc., Stericycle Inc., HDR Inc., Celitron Inc., Max Healthcare Ltd., Jehangir Hospital, Dell Children’s Medical Center, Gundersen Lutheran Health System Inc., Boulder Community Health, Bronson Methodist Hospital, All India Institutes of Medical Sciences (AIIMS), Tuttnauer B.V

Which trends are expected to transform the green hospitals market?

Key players in the green hospital market are prioritizing the establishment of tactical collaborations to incorporate sustainability as a critical element in healthcare establishments. These strategic relationships aid in the creation and implementation of eco-friendly practices, technologies, and drives that champion the preservation of the environment and efficiency during hospital operations, in turn contributing to a greener hospital atmosphere. For instance, in February 2024, the Nordic Center for Sustainable Healthcare (NCSH), a Sweden-based organization offering environmental services, formed a partnership with Mamta Health Institute for Mother and Child (MAMTA HIMC), a non-profit organization from India, to kick-start the Green Hospital Initiative. This initiative empowers healthcare providers and hospitals to boost their operations’ efficiency, environmental stewardship, patient safety, and quality of care. The operation stresses the implementation of green practices like leadership, waste management, usage of safer chemicals, energy efficiency, and water conservation among others. It also underlines collective work through workgroups, networking occasions, and sharing sustainability practices to effect positive transformation within healthcare facilities.

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What regions are contributing significantly to the growth of the green hospitals market?

North America was the largest region in the green hospitals market in 2024. Asia-Pacific is the fastest growing region in the market. The regions covered in the green hospitals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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