1. Market Research
  2. > Healthcare Market Trends
Healthcare Facilities Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Healthcare Facilities Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  • July 2022
  • 157 pages
  • ID: 6309357
  • Format: PDF
  • Mordor Intelligence LLP


Table of Contents

Search Inside

The Healthcare Facilities Management Market size is valued at approximately USD 315.07 billion in 2021 and is expected to reach USD 681 billion in 2027, with a CAGR of nearly 13.93% over the forecast period.

The COVID-19 pandemic is expected to extensively widen the growth of the healthcare facilities market globally. With the rise in the number of COVID-19 patients, an increase in the number of diagnostics and treatments for COVID-19 is expected, which in turn is predicted to result in the production of huge amounts of medical waste. Additionally, the management of in-patient and out-patient services during pandemic is of utmost importance, given social distancing. Additionally, hygiene maintenance plays a critical role to combat the COVID-19 situations. According to the Centers for Disease Control and Prevention (CDC), healthcare facilities need to provide care for all patients in the safest way possible for patients and healthcare personnel as a response to COVID-19. Hence, given the above-mentioned factors, healthcare facilities management is in great demand during the pandemic.

The healthcare facilities management market is predicted to witness rapid growth due to rising global healthcare expenditures, along with an increase in the occurrence of chronic diseases, and increasing medical tourism in emerging countries.

Healthcare has become one of the leading sectors, owing to the increasing number of patients and rising healthcare expenditure by the public, as well as private players in healthcare systems. As per the data published by the Centers for Medicare and Medicaid Services (CMS), in the United States, national healthcare spending is projected to grow at an average rate of 5.5% per year during 2018-2027, to reach nearly USD 6.0 trillion by 2027. Healthcare spending is projected to grow 0.8% faster than the GDP per year, over 2018-2027. As a result, the healthcare share of GDP is expected to rise from 17.9% in 2017 to 19.4% by 2027. Thus there has been exceptional growth in the healthcare expenditures that have led to the development of various facilities in hospitals or clinics for the well-being of patients, and thus, this factor is expected to augment the growth of the market studied.

Thus, the aforementioned factors are expected to fuel the growth of the healthcare facilities management market over the forecast period. However, gap beween providers and payers and lack of investment in facilities management in low-income countries are the factors restraining the growth of the market.

Key Market Trends

Waste Management is Expected to Witness Good Growth Over the Forecast Period in the Healthcare Facilities Management Market

Healthcare establishments generate a huge quantity of both hazardous and non-hazardous wastes daily. These wastes are generated as a result of the diagnosis, and treatment of human and animal diseases. These hazardous wastes, when inappropriately managed may compromise the quality of patient care. These wastes may enhance environmental pollution and spread infectious diseases, including acquired immunodeficiency syndrome (AIDS), hepatitis, tuberculosis, diphtheria, cholera, and many others.

According to the World Health Organization, 2020, there are increased volumes of discarded materials from health protection activities, medical diagnosis, treatment, and scientific research during the COVID-19 pandemic and the safe, efficient disposal of this medical waste is a critical component in the effective management of COVID-19 globally. Hence COVID-19 is expected to have a significant impact on the growth of the studied segment during the pandemic.

Additionally, as per the Central Pollution Control Board (CPCB), India had generated nearly 28,468.85 tonnes of COVID-19 related bio-medical waste from June to November 2020. These healthcare wastes may pose health risks, indirectly through the release of pathogens and toxic pollutants into the environment. Thus the healthcare providers are on verge of establishing and implementing programs for the effective management of healthcare wastes, which is likely to impact the growth of the market.

North America is Expected to Hold a Major Share of the Market in the Forecast Period

North America is anticipated to dominate the healthcare facilities management in the forecast period due to the robust healthcare infrastructure and the introduction of different technologies for healthcare facilities management that is expected to fuel the growth of the market.

The overall condition of the healthcare infrastructure also varies widely in the North American region. Hospitals present are found to have with strong market position and some hospitals have established a basic healthcare facility management. According to the "Population Reference Bureau’s Population Bulletin"Aging in the United States the Americans aged 65 and older is projected to reach 95 million by 2060. The rising geriatric population and increasing chronic diseases across the region are augmenting the growth of the healthcare facilities management market in the forecast period.

Though there is an increasing demand for waste management during the COVID-19 pandemic, according to the research article published in Waste360, 2020, the United States has experienced a reduction of medical waste production due to the cancellation or delay of the elective surgeries as well as a reduction in hospitalizations. Hence, Covid-19 is expected to have a significant impact on the management of waste generated in the treatment of COVID-19 patients alone in the region.

Competitive Landscape

The Healthcare Facilities Management Market is highly competitive and consists of several major players. The key players of the studied market comprise ABM Industries Inc., Aramark Corporation, Ecolab Inc., Iss World Services A/S, Serco Group plc, and Sodexo among others. The players involved in the global market of healthcare facilities management are found focusing on providing recent technologies and cost-effective services. The key players present in the market are also in the process of introducing advanced products to improve treatment efficiency, in turn, capturing a higher market share.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Surgical Case Carts Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

  • $ 4750
  • September 2022
  • 120 pages

The global Surgical Case Carts Market was estimated to be USD 326.28 million in 2021. It is expected to reach USD 530.53 million by 2027, registering a CAGR of 8.32% during the forecast period 2022-2027. The ...

  • World
  • Healthcare
  • Industry analysis
  • Health Expenditure
  • Surgical Procedures Performed


Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on