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Press Release:

Global Healthcare Facilities Management Market to Reach US$ 548.52 Billion by 2027, Propelled by Outsourcing Facility Management Services

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Healthcare Facilities Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global healthcare facilities management market reached a value of US$ 307.27 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 548.52 Billion by 2027, exhibiting a CAGR of 9.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Healthcare facilities management (HFM) refers to a techno-scientific service that facilitates development, maintenance, and security operations in clinics and hospitals to enhance the patient experience. It is used to establish safety policies, identify the requirement of renovation, provide technical support, ensure a high-quality environment, maintain security, and monitor construction projects. Healthcare facilities management offers various benefits, such as the higher return of investment (ROI), flexibility, better data management, improved overall performance, transparency, and the availability of assets at cost-effective value.

 

 
 

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Healthcare Facilities Management Market Trends:

The sudden outbreak of coronavirus disease (COVID-19) and the consequent implementation of social-distancing and hygiene maintenance protocols in the healthcare sector for providing the safest environment to the patients is a prime factor driving the market growth. In line with this, the increasing prevalence of various chronic diseases, the rising geriatric population, and the significant expansion in the healthcare sector are acting as other growth-inducing factors. Additionally, the widespread adoption of waste management practices for eliminating hazardous waste that leads to environmental pollution and infectious diseases, such as acquired immunodeficiency syndrome (AIDS), cholera, and hepatitis, are contributing to the market growth. The growing medical tourism in the emerging economies and strategic collaborations between third-party professional facility management providers and healthcare enterprises are positively stimulating the market growth. The introduction of several ICT technologies, such as key performance indices (KPI) and the internet of things (IoT), is boosting the market growth. Other factors, such as numerous initiatives undertaken by the governments of various countries for strengthening the healthcare infrastructure by incorporating advanced technological solutions to improve overall productivity and efficiency and the rising investment in the research and development (R&D) activities to introduce new disinfection and hygiene solutions, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global healthcare facilities management market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on service type, business model and end user.

Breakup by Service Type:

 

 
 

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  • Property Services
  • Cleaning Services
  • Security Services
  • Catering Services
  • Support Services
  • Environmental Management Services
     

Breakup by Business Model:

  • Outsourced
  • In-House
     

Breakup by End User:

  • Hospitals and Clinics
  • Long-term Healthcare Facilities
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABM Industries Inc., Aramark Corporation, Compass Group PLC, Ecolab Inc., International Business Machines Corporation, ISS A/S, Jones Lang LaSalle Incorporated, Mitie Group plc, OCS Group limited, Oracle Corporation, Serco Group plc and Sodexo.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Service Type, Business Model, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABM Industries Inc., Aramark Corporation, Compass Group PLC, Ecolab Inc., International Business Machines Corporation, ISS A/S, Jones Lang LaSalle Incorporated, Mitie Group plc, OCS Group limited, Oracle Corporation, Serco Group plc and Sodexo.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Healthcare Facilities Management Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Service Type
    6.1    Property Services
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Cleaning Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Security Services
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Catering Services
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Support Services
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Environmental Management Services
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Business Model
    7.1    Outsourced
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    In-House
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End User
    8.1    Hospitals and Clinics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Long-term Healthcare Facilities
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ABM Industries Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Aramark Corporation
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Compass Group PLC
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Ecolab Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    International Business Machines Corporation
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    ISS A/S
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Jones Lang LaSalle Incorporated
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Mitie Group plc
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    OCS Group limited
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Oracle Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Serco Group plc
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Sodexo
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Healthcare Facilities Management Market: Major Drivers and Challenges
Figure 2: Global: Healthcare Facilities Management Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Healthcare Facilities Management Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Healthcare Facilities Management Market: Breakup by Service Type (in %), 2021
Figure 5: Global: Healthcare Facilities Management Market: Breakup by Business Model (in %), 2021
Figure 6: Global: Healthcare Facilities Management Market: Breakup by End User (in %), 2021
Figure 7: Global: Healthcare Facilities Management Market: Breakup by Region (in %), 2021
Figure 8: Global: Healthcare Facilities Management (Property Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Healthcare Facilities Management (Property Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Healthcare Facilities Management (Cleaning Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Healthcare Facilities Management (Cleaning Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Healthcare Facilities Management (Security Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Healthcare Facilities Management (Security Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Healthcare Facilities Management (Catering Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Healthcare Facilities Management (Catering Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Healthcare Facilities Management (Support Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Healthcare Facilities Management (Support Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Healthcare Facilities Management (Environmental Management Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Healthcare Facilities Management (Environmental Management Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Healthcare Facilities Management (Outsourced) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Healthcare Facilities Management (Outsourced) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Healthcare Facilities Management (In-House) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Healthcare Facilities Management (In-House) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Healthcare Facilities Management (Hospitals and Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Healthcare Facilities Management (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Healthcare Facilities Management (Long-term Healthcare Facilities) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Healthcare Facilities Management (Long-term Healthcare Facilities) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Healthcare Facilities Management (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Healthcare Facilities Management (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Healthcare Facilities Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Healthcare Facilities Management Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Healthcare Facilities Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Healthcare Facilities Management Industry: SWOT Analysis
Figure 80: Global: Healthcare Facilities Management Industry: Value Chain Analysis
Figure 81: Global: Healthcare Facilities Management Industry: Porter's Five Forces Analysis 

List of Tables

Table 1: Global: Healthcare Facilities Management Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Healthcare Facilities Management Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 3: Global: Healthcare Facilities Management Market Forecast: Breakup by Business Model (in Million US$), 2022-2027
Table 4: Global: Healthcare Facilities Management Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Healthcare Facilities Management Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Healthcare Facilities Management Market: Competitive Structure
Table 7: Global: Healthcare Facilities Management Market: Key Players


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Key Questions Answered in This Report

The global healthcare facilities management market was valued at US$ 307.27 Billion in 2021.

We expect the global healthcare facilities management market to exhibit a CAGR of 9.60% during
2022-2027.

The widespread adoption of waste management practices for eliminating hazardous waste, leading
to various infectious diseases, such as AIDS, cholera, hepatitis, etc., is primarily driving the global
healthcare facilities management market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of healthcare
facilities management for providing hygienic and safe environment for coronavirus infected-patients
as well as for medical professionals.

Based on the service type, the global healthcare facilities management market has been segmented
into property services, cleaning services, security services, catering services, support services, and
environmental management services. Among these, support services represent the largest market
share.

Based on the business model, the global healthcare facilities management market can be bifurcated
into outsourced and in-house. Currently, outsourced model accounts for the majority of the total
market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global healthcare facilities management market include ABM
Industries Inc., Aramark Corporation, Compass Group PLC, Ecolab Inc., International Business
Machines Corporation, ISS A/S, Jones Lang LaSalle Incorporated, Mitie Group plc, OCS Group limited,
Oracle Corporation, Serco Group plc, and Sodexo.

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