The North America Healthcare Facility Management Market would witness Market growth of 6.1% CAGR during the forecast period (2022-2028).
Healthcare facility management services are non-core services provided by a healthcare facility that has emerged as optional in the quest to provide excellent in-patient care and competent management of a healthcare institution. To meet the expanding needs of healthcare businesses, healthcare facility management service providers are approving novel ICT.
Within the facility management sector, health facilities management has existed as its specialization. Non-clinical chores would be subcontracted by medical buildings like hospitals to maintain sterile working conditions while they focused on providing patient care. Health and FM are no longer synonymous with the medical industry's Health Facilities Management (HFM), but rather as one of the burgeoning new trends in facility management that manages facilities for welfare and health.
As the healthcare business becomes more reliant on technology and migrates to the cloud, the demand for better cyber security grows. With the Internet of Things (IoT) becoming more common in hospitals, facilities management teams are collaborating with IT to develop cyber security plans that will safeguard patient care data from intruders who may use older operating software to gain access to the organization's networks and steal sensitive patient information & research data, or to disable systems that could jeopardize the safety of facilities and equipment.
The growing number of patients and increased healthcare expenditures by both public and private participants in healthcare systems, healthcare has become one of the main sectors. According to the Centers for Medicare & Medicaid Services (CMS), national healthcare spending in the United States is expected to expand at a rate of 5.5 percent per year from 2018 to 2027, reaching about USD 6.0 trillion. Over the period 2018-2027, healthcare spending is expected to expand at a rate of 0.8 percent per year faster than GDP. As a result, the healthcare sector's percentage of GDP is predicted to increase from 17.9% in 2017 to 19.4% in 2027. As a result, there has been a significant increase in healthcare spending, which has resulted in the creation of various amenities in hospitals or clinics for the well-being of patients, and this aspect is projected to boost the Market 's growth. The expansion of the healthcare sector across developed nations of the region would fuel the demand and growth of the healthcare facility management Market .
The US Market dominated the North America Healthcare Facility Management Market by Country in 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $2,592.7 million by 2028. The Canada Market is estimated to grow at a CAGR of 8.6% during (2022 - 2028). Additionally, The Mexico Market would display a CAGR of 7.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Healthcare Facility Management Market is Estimated to reach $9.5 Billion by 2028, at a CAGR of 15.1%
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).
Scope of the Study
Market Segments Covered in the Report:
By Location
By Setting
By Service
- Construction Services
- Building Construction
- Building Repair, Maintenance, Testing, & Inspection
- Others
- Energy Services
- Hard Services
- Plumbing, Air Conditioning, & Maintenance
- Fire Protection
- Mechanical & Electrical Maintenance
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 3M Company
- CBRE GROUP, INC.
- GSH Group
- Sodexo S.A.
- Medxcel Facilities Management, LLC
- ISS Group
- Johnson Controls International PLC
- ABM Industries, Inc.
- Fortive Corporation (Accruent)
TABLE 1 North America Healthcare Facility Management Market, 2018 - 2021, USD Million
TABLE 2 North America Healthcare Facility Management Market, 2022 - 2028, USD Million
TABLE 3 North America Healthcare Facility Management Market by Location, 2018 - 2021, USD Million
TABLE 4 North America Healthcare Facility Management Market by Location, 2022 - 2028, USD Million
TABLE 5 North America On-site Market by Country, 2018 - 2021, USD Million
TABLE 6 North America On-site Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Off-site Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Off-site Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Healthcare Facility Management Market by Setting, 2018 - 2021, USD Million
TABLE 10 North America Healthcare Facility Management Market by Setting, 2022 - 2028, USD Million
TABLE 11 North America Acute Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Acute Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Post-acute Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Post-acute Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Non-acute Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Non-acute Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Healthcare Facility Management Market by Service, 2018 - 2021, USD Million
TABLE 18 North America Healthcare Facility Management Market by Service, 2022 - 2028, USD Million
TABLE 19 North America Construction Services Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Construction Services Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Healthcare Facility Management Market by Construction Services Type, 2018 - 2021, USD Million
TABLE 22 North America Healthcare Facility Management Market by Construction Services Type, 2022 - 2028, USD Million
TABLE 23 North America Building Construction Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Building Construction Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Building Repair, Maintenance, Testing, & Inspection Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Building Repair, Maintenance, Testing, & Inspection Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Energy Services Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Energy Services Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Healthcare Facility Management Market by Energy Services Type, 2018 - 2021, USD Million
TABLE 32 North America Healthcare Facility Management Market by Energy Services Type, 2022 - 2028, USD Million
TABLE 33 North America Energy Management Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Energy Management Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Hard Services Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Hard Services Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Healthcare Facility Management Market by Hard Services Type, 2018 - 2021, USD Million
TABLE 40 North America Healthcare Facility Management Market by Hard Services Type, 2022 - 2028, USD Million
TABLE 41 North America Plumbing, Air Conditioning, & Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Plumbing, Air Conditioning, & Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Fire Protection Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Fire Protection Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Mechanical & Electrical Maintenance Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Mechanical & Electrical Maintenance Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Healthcare Facility Management Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Healthcare Facility Management Market by Country, 2022 - 2028, USD Million
TABLE 51 US Healthcare Facility Management Market, 2018 - 2021, USD Million
TABLE 52 US Healthcare Facility Management Market, 2022 - 2028, USD Million
TABLE 53 US Healthcare Facility Management Market by Location, 2018 - 2021, USD Million
TABLE 54 US Healthcare Facility Management Market by Location, 2022 - 2028, USD Million
TABLE 55 US Healthcare Facility Management Market by Setting, 2018 - 2021, USD Million
TABLE 56 US Healthcare Facility Management Market by Setting, 2022 - 2028, USD Million
TABLE 57 US Healthcare Facility Management Market by Service, 2018 - 2021, USD Million
TABLE 58 US Healthcare Facility Management Market by Service, 2022 - 2028, USD Million
TABLE 59 US Healthcare Facility Management Market by Construction Services Type, 2018 - 2021, USD Million
TABLE 60 US Healthcare Facility Management Market by Construction Services Type, 2022 - 2028, USD Million
TABLE 61 US Healthcare Facility Management Market by Energy Services Type, 2018 - 2021, USD Million
TABLE 62 US Healthcare Facility Management Market by Energy Services Type, 2022 - 2028, USD Million
TABLE 63 US Healthcare Facility Management Market by Hard Services Type, 2018 - 2021, USD Million
TABLE 64 US Healthcare Facility Management Market by Hard Services Type, 2022 - 2028, USD Million
TABLE 65 Canada Healthcare Facility Management Market, 2018 - 2021, USD Million
TABLE 66 Canada Healthcare Facility Management Market, 2022 - 2028, USD Million
TABLE 67 Canada Healthcare Facility Management Market by Location, 2018 - 2021, USD Million
TABLE 68 Canada Healthcare Facility Management Market by Location, 2022 - 2028, USD Million
TABLE 69 Canada Healthcare Facility Management Market by Setting, 2018 - 2021, USD Million
TABLE 70 Canada Healthcare Facility Management Market by Setting, 2022 - 2028, USD Million
TABLE 71 Canada Healthcare Facility Management Market by Service, 2018 - 2021, USD Million
TABLE 72 Canada Healthcare Facility Management Market by Service, 2022 - 2028, USD Million
TABLE 73 Canada Healthcare Facility Management Market by Construction Services Type, 2018 - 2021, USD Million
TABLE 74 Canada Healthcare Facility Management Market by Construction Services Type, 2022 - 2028, USD Million
TABLE 75 Canada Healthcare Facility Management Market by Energy Services Type, 2018 - 2021, USD Million
TABLE 76 Canada Healthcare Facility Management Market by Energy Services Type, 2022 - 2028, USD Million
TABLE 77 Canada Healthcare Facility Management Market by Hard Services Type, 2018 - 2021, USD Million
TABLE 78 Canada Healthcare Facility Management Market by Hard Services Type, 2022 - 2028, USD Million
TABLE 79 Mexico Healthcare Facility Management Market, 2018 - 2021, USD Million
TABLE 80 Mexico Healthcare Facility Management Market, 2022 - 2028, USD Million
TABLE 81 Mexico Healthcare Facility Management Market by Location, 2018 - 2021, USD Million
TABLE 82 Mexico Healthcare Facility Management Market by Location, 2022 - 2028, USD Million
TABLE 83 Mexico Healthcare Facility Management Market by Setting, 2018 - 2021, USD Million
TABLE 84 Mexico Healthcare Facility Management Market by Setting, 2022 - 2028, USD Million
TABLE 85 Mexico Healthcare Facility Management Market by Service, 2018 - 2021, USD Million
TABLE 86 Mexico Healthcare Facility Management Market by Service, 2022 - 2028, USD Million
TABLE 87 Mexico Healthcare Facility Management Market by Construction Services Type, 2018 - 2021, USD Million
TABLE 88 Mexico Healthcare Facility Management Market by Construction Services Type, 2022 - 2028, USD Million
TABLE 89 Mexico Healthcare Facility Management Market by Energy Services Type, 2018 - 2021, USD Million
TABLE 90 Mexico Healthcare Facility Management Market by Energy Services Type, 2022 - 2028, USD Million
TABLE 91 Mexico Healthcare Facility Management Market by Hard Services Type, 2018 - 2021, USD Million
TABLE 92 Mexico Healthcare Facility Management Market by Hard Services Type, 2022 - 2028, USD Million
TABLE 93 Rest of North America Healthcare Facility Management Market, 2018 - 2021, USD Million
TABLE 94 Rest of North America Healthcare Facility Management Market, 2022 - 2028, USD Million
TABLE 95 Rest of North America Healthcare Facility Management Market by Location, 2018 - 2021, USD Million
TABLE 96 Rest of North America Healthcare Facility Management Market by Location, 2022 - 2028, USD Million
TABLE 97 Rest of North America Healthcare Facility Management Market by Setting, 2018 - 2021, USD Million
TABLE 98 Rest of North America Healthcare Facility Management Market by Setting, 2022 - 2028, USD Million
TABLE 99 Rest of North America Healthcare Facility Management Market by Service, 2018 - 2021, USD Million
TABLE 100 Rest of North America Healthcare Facility Management Market by Service, 2022 - 2028, USD Million
TABLE 101 Rest of North America Healthcare Facility Management Market by Construction Services Type, 2018 - 2021, USD Million
TABLE 102 Rest of North America Healthcare Facility Management Market by Construction Services Type, 2022 - 2028, USD Million
TABLE 103 Rest of North America Healthcare Facility Management Market by Energy Services Type, 2018 - 2021, USD Million
TABLE 104 Rest of North America Healthcare Facility Management Market by Energy Services Type, 2022 - 2028, USD Million
TABLE 105 Rest of North America Healthcare Facility Management Market by Hard Services Type, 2018 - 2021, USD Million
TABLE 106 Rest of North America Healthcare Facility Management Market by Hard Services Type, 2022 - 2028, USD Million
TABLE 107 Key Information – 3M Company
TABLE 108 Key Information – CBRE GROUP, INC.
TABLE 109 key Information – GSH Group
TABLE 110 key Information – Sodexo S.A.
TABLE 111 Key Information – Medxcel Facilities Management, LLC
TABLE 112 Key Information – ISS Group
TABLE 113 Key Information – Johnson Controls International PLC
TABLE 114 Key Information – ABM Industries, Inc.
TABLE 115 Key Information –fortive corporation
List of Figures
FIG 1 Methodology for the research