The Latin America, Middle East and Africa Healthcare Facility Management Market would witness Market growth of 9.7% CAGR during the forecast period (2022-2028).
In reality, hospital facilities management is more than simply a luxury because it ensures that all service requests & assets are attended to and handled quickly without sacrificing quality or productivity. At the same time, these software programs must ensure that all property resources, medical facilities, technical equipment, sterilizing machines, and of course, human resources are well-optimized to provide smooth & uninterrupted operations 24 hours a day, seven days a week.
It is simple to justify the return on investment from deploying a facilities management system from a financial standpoint. The payback comes from increased productivity and longer equipment lifespans. The needed investment for SaaS systems, like as Facility Manager or CMMS, is a minimal monthly membership charge.
The healthcare industry adds a significant portion of a country's GDP and is responsible for keeping the human development index up to date. As a result, healthcare investments have been at the forefront of regional development. The presence of a smooth & utility-driven healthcare sector also encourages patients to recuperate more quickly. Because of the significance of care delivery, medical professionals are concentrating their efforts on upgrading healthcare facilities. As a result, the healthcare facilities management industry is expected to grow in the coming years.
The significance of individual health & its impact on both social & economic growth, advanced nations are pursuing the creation of a health system that meets the highest international standards & improves the quality of life.
In this context, the Ministry of Health & Prevention (MOHAP) has launched its Innovation Strategy 2019-2021, which targets to make the UAE a leading international destination for a sustainable future in smart healthcare, through the renovation of all healthcare services, the development of research centers, & the establishment of local & international partnerships, so that the UAE is well-prepared to face future diseases, through the unification of technology into diagnostic & therapeutic procedures.
A long-term examination model that can effectively assess the community's health state. It also raises community knowledge about the need of living a healthy lifestyle and improves mental health to achieve a healthy & mentally stable society.
The Brazil Market dominated the LAMEA Healthcare Facility Management Market by Country in 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $167 million by 2028. The Argentina Market is experiencing CAGR of 10.3% during (2022 - 2028). Additionally, The UAE Market would exhibit a CAGR of 9.4% during (2022 - 2028).
Based on Location, the Market is segmented into On-site and Off-site. Based on Setting, the Market is segmented into Acute, Post-acute, and Non-acute. Based on Service, the Market is segmented into Construction Services, Energy Services, and Hard Services. Based on Construction Services Type, the Market is segmented into Building Construction, Building Repair, Maintenance, Testing, & Inspection, and Others. Based on Energy Services Type, the Market is segmented into Energy Management and Others. Based on Hard Services Type, the Market is segmented into Plumbing, Air Conditioning, & Maintenance, Fire Protection, Mechanical & Electrical Maintenance, and Others. Based on countries, the Market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Healthcare Facility Management Market is Predict to reach $9.5 Billion by 2028, at a CAGR of 6.8%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include 3M Company, CBRE GROUP, INC., GSH Group, Sodexo S.A., Medxcel Facilities Management, LLC, ISS Group, Johnson Controls International PLC, ABM Industries, Inc., and Fortive Corporation (Accruent).
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