The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s healthcare facility management market report forecasts the healthcare facility management market size to grow to $298.16 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

Learn More On The Healthcare Facility Management Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-facility-management-global-market-report

Healthcare Facility Management Market Size Forecast
The global healthcare facility management market is expected to grow from $176.83 billion in 2022 to $199.78 billion in 2023 at a compound annual growth rate (CAGR) of 13.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The healthcare facility management market size is expected to grow to $298.16 billion in 2027 at a compound annual growth rate (CAGR) of 10.5%.

North America held the largest healthcare facility management market share.

Key Healthcare Facility Management Market Driver ­– Growth In Number Of Patients And Increasing Healthcare Spending By The Private And Public Participants In Healthcare Systems
For instance, in 2020, according to the Centers for Medicare and Medicaid Services (CMMS) report, spending on healthcare in the US grew by nearly $365 billion in 2020 compared to 2019, and health spending per capita increased by 9.3% between 2019 and 2020. Therefore, healthcare spending by the private and public participants in healthcare systems is driving the growth of the healthcare facility management market.

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Key Healthcare Facility Management Market Trend – Technological Advancement
Technological developments are growing at an unprecedented rate and shaping the future of the healthcare industry. For example, in September 2022, CloudWave, a US-based independent cloud and managed services software hosting provider in healthcare, launched OpSus Cloud Services. In the user’s data center, CloudWave OpSus Edge provides infrastructure-as-a-service, offering computing, storage, security, backup, recovery, and thorough operations and system upkeep. OpSus Cloud Services offers hospital users a multi-cloud strategy that ensures availability, simplicity of access, and robust security.

Healthcare Facility Management Market Segment
1) By Type: Hard Services, Soft Services, and Other Services
2) By Service Type: Property, Cleaning, Security, Catering, Support, Environmental Management
3) By Business Model: Outsourced, In-House
4) By End User: Hospitals and Clinics, Long-Term Healthcare Facilities

Healthcare Facility Management Market Major Players and Strategies
Major players in the healthcare facility management market are ABM Industries Inc., ISS World Services A/S, Jones Lang LaSalle, IP, Inc., Medxcel Facility Management, Mitie Group plc, Aramark Corporation, Compass Group plc, Ecolab, Inc., OCS Group, Secro Group plc, Sodexo, Vanguard Resources, UEM Edgenta Berhad, Manutencoop Facility Management S.p.A., B38 Group, SMS Integrated Facility Services Private Limited, Oracle Corporation, Planon, Founders 3 Real Estate Services, Accruent, and IBM Corporation.

In April 2021, Sodexo, a France-based food services and facilities management company, acquired MTS Health Limited for an undisclosed amount. With this acquisition, Sodexo wants to build a business in healthcare with technical knowledge and operational experience to enhance services for clients in the UK, Ireland, USA, and Asia-Pacific regions. MTS Health Limited is a UK-based leading provider of Medical Equipment Asset Management with expertise in clinical engineering and has successfully commissioned more than 30 large hospital re-developments throughout the UK.

The Healthcare Facility Management Global Market Report 2023 covers regional data on healthcare facility management market size, healthcare facility management market trends and drivers, opportunities, strategies, and healthcare facility management market competitor analysis. The countries covered in the healthcare facility management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Healthcare facility management is the maintenance and oversight of a healthcare facility’s development, maintenance, security, and operations, ensuring a safe and reliable care environment for patients in the healthcare industry. Healthcare facility management is used by the healthcare industry to facilitate services through the supervision of the maintenance, operations, and overall security of healthcare facilities.

View More Reports Related To The Healthcare Facility Management Market –
Integrated Facility Management Global Market Report 2023
Management Consulting Services Global Market Report 2023
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