United States Healthcare Facilities Management Market to be dominated by Hospitals till 2027
Introduction of novel
technologies in healthcare facility management and rise in number of healthcare
facilities are driving the demand for United States healthcare facilities
management market in the forecast period, 2023-2027.
According to TechSci Research
report, “Healthcare Facilities Management Market – United States Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027”, the United
States healthcare facilities management market is expected to grow at a rate of
significant CAGR in the forecast period, 2023-2027. The rise in adoption of
healthcare facilities management services by the end-user industries,
increasing pharmaceutical companies, and growing demand for advanced healthcare
solutions are the key factors driving the demand for the United States
healthcare facilities management market.
Healthcare facilities
management solutions are considered necessary as they manage the healthcare
facilities, security, maintenance, and operations for the healthcare sector. It
also takes care of all service requests and assets that can be managed swiftly
without compromising the quality and productivity of the services provided to
patients. Hospital facilities management solutions also ensure that all
technical equipment, sterilization machines, medical facilities, and human and
property resources are well-optimized to support the smooth functioning of the
healthcare sector. Healthcare facilities management benefits includes availability
and reliability of resources, safety and security of assets, affordable costs
and enhanced mobility, and keeping track of maintenance costs.
Healthcare facilities provide
add-on services to patients such as laundry, air conditioning, nurse-call, and
other services to improve the overall patient experience, fueling the demand
for effective management strategies. Also, the constant rise in outsourcing
services by healthcare facilities to third-party professionals is expected to
influence the demand for the United States healthcare facilities management
market. Outsourcing services by hospitals, nursing homes, and clinics to lower
the operational costs and let the hospitals focus on improving their core
operations.
However, the high cost of
cleaning and disinfecting equipment may restrain the market growth in the
forecast period.
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States Healthcare Facilities Management Market"
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The United States healthcare
facilities management market is segmented into service, application, product type, regional
distribution, and company. Based on
service, the market is divided into hard service and soft service. Soft
services are expected to hold the largest market share in the forecast period.
Soft services make the workplace a better place by making it more secure,
pleasant, and more efficient.
Based on
application, the market is divided into hospitals, ambulatory service centers,
clinics, long-term healthcare facilities, and others. Hospitals are leading the
market in 2021 and are expected to maintain their dominance throughout the
forecast period. The need to manage and provide quality healthcare services to
all patients and create a safe environment to prevent exposure to information is
driving the market demand. Healthcare facilities management solutions maintain
the patient’s privacy, and coordinating the use of equipment and resources
between people is further expected to bolster the demand for the United States
healthcare facilities management market in the forecast period.
Based on
product type, the market is divided into security, catering, cleaning, support,
and others. Cleaning products account for significant market share and are
expected to witness significant growth opportunities in the market period.
Healthcare facilities produce a considerable amount of hazardous and
non-hazardous waste daily. Waste generated is from animal and plant disease
treatment or because of diagnosis. The hazardous waste needs to be adequately
treated, posing health risks, and releasing toxic pollutants and pathogens into
the environment. Thus, the healthcare facilities are focusing on maintaining
the supply of cleaning products and adopting programs to manage healthcare
wastes effectively.
Major market
platers operating in the United States healthcare facilities management market
are:
·
Aramark
Corporation
·
Compass
Group plc
·
Ecolab,
Inc.
·
ISS
World Services A/S
·
Jones
Lang LaSalle, IP, Inc.
·
Medxcel
Facility Management
·
Mitie
Group plc
·
OCS
Group
·
Secro
Group plc
·
Sodexo
·
Vanguard
Resources
·
CBRE
Group
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“The surge in the adoption of
automated guided vehicles in hospitals to enhance the patient's convenience and
comfort is expected to open growth opportunities for the United States
healthcare facilities management market. Increase in the transformation of
hospitals into smart hospitals coupled with the expansion of ICT
infrastructure, including use of IoT devices, health facility management
software is accelerating the adoption of healthcare facilities management
solutions are expected to propel the United States healthcare facilities
management market growth till 2027” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Healthcare Facilities
Management Market – United States Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027 Segmented By Service
(Hard Service, Soft Service), By Application (Hospitals, Ambulatory Service
Centers, Clinics, Long-Term Healthcare Facilities, Others), By Product Type
(Security, Catering, Cleaning, Support, and Others), and By Region”, has evaluated the future
growth potential of United States healthcare facilities management market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States healthcare facilities management
market.
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