The global healthcare facilities management market size was valued at USD 407.5 Billion in 2024, and it is expected to reach USD 780.0 Billion by 2033, exhibiting a growth rate (CAGR) of 7.27% from 2025 to 2033.
To get more information on this market, Request Sample
The healthcare facilities management market is primarily driven by the increasing demand for high-quality healthcare services, which puts pressure on healthcare facilities to maintain efficient and safe environments. As hospitals and medical centers expand their services and infrastructure, there is a rising need for comprehensive management of these facilities to ensure patient comfort, safety, and operational efficiency. For instance, in November 2024, Global Health, the parent company behind Medanta hospitals, announced its plans to expand into New Delhi with a new 750-bed super-specialty hospital in Pitampura. Under a management agreement with the Dr Narayan Dutt Shirmali Foundation International Charitable Trust Society, Medanta will oversee the hospital’s daily operations once it becomes operational within the next four years.
The growing complexity of healthcare environments, with sophisticated medical equipment and technology, also drives the need for specialized management services. For instance, in April 2024, Health Tech Solutions Group (HTS Group), a healthcare provider, announced its official UK launch. The company offers healthcare solutions, including mobile health services, telemedicine, and personalized patient care outside traditional hospital settings. These services ensure that equipment is properly maintained, safety standards are met, and regulatory compliance is maintained. Another factor driving the market growth is the integration of technology, such as building management systems (BMS) and Internet of Things (IoT) devices, which help streamline operations and improve the monitoring of facility conditions in real time. These advancements allow for predictive maintenance, improved resource allocation, and data-driven decision-making, leading to more efficient management of healthcare facilities. Similarly, in September 2024, Johnson Controls, the global leader for smart, healthy, and sustainable buildings, launched a highly anticipated update to the company's industry-leading Building Automation System (BAS), Metasys, which serves the needs of commercial, industrial, and institutional buildings, regardless of industry. The new iteration, Metasys 14.0, improves a commercial building's performance and sustainability while enhancing occupant comfort, health, and safety.
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share on account of the increasing demand for healthcare services, aging infrastructure, technological advancements, stringent regulatory standards, and the need for cost-efficient and sustainable operations in healthcare facilities.
In North America, factors driving the market include increased demand for high-quality healthcare services, regulatory compliance requirements, energy efficiency, and sustainability initiatives. Additionally, the integration of advanced technologies, like IoT for predictive maintenance, and aging healthcare infrastructure requiring upgrades, are significant growth drivers. For instance, in February 2024, The San Mateo County Health (SMCH) department recently joined forces with Innovaccer, a leading healthcare AI platform company, setting a patient-centric agenda to deliver affordable, high-quality services. In hopes of revolutionizing patient care services across the country, Innovaccer's Healthcare AI platform and population health management solutions announced the launch of a new era of technology infrastructure modernization in healthcare.
In Asia Pacific, the market is driven by rapid healthcare infrastructure development, rising patient volumes, and the growing demand for advanced medical services. Increasing government investments in healthcare, a focus on energy efficiency, and the adoption of smart technologies for hospital management also contribute to market growth.
In Europe, the market is driven by aging populations, the need for cost-effective and sustainable healthcare solutions, and stringent regulations on hospital infrastructure. Growing demand for efficient energy management, along with the integration of smart technologies for facility monitoring and management, further propels market expansion.
In Latin America, the market is driven by expanding healthcare infrastructure, rising demand for quality healthcare services, and the need for operational cost efficiency. Increasing investment in hospital modernization, adherence to health regulations, and a growing focus on sustainable practices are also key factors fueling market growth.
In the Middle East and Africa, the market is driven by rapid urbanization, increasing healthcare investments, and a growing focus on improving healthcare infrastructure. Additionally, government initiatives for healthcare sector expansion, rising demand for high-quality services, and adherence to regulatory standards are key factors boosting market growth.
Some of the leading healthcare facilities management market companies 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., among many others.
In December 2023, JLL announced the expansion of the services it provides to 35 small-format hospitals and emergency departments owned by Emerus. In addition to continuing integrated facilities management, lease administration, property management, and energy and sustainability services, it will provide project and development services for select markets. Covering a total of 1 million square feet, the healthcare facilities are in Las Vegas, Oklahoma City, Milwaukee Dallas, San Antonio, and El Paso, Texas.
Report Features | Details |
---|---|
Market Size in 2024 | USD 407.5 Billion |
Market Forecast in 2033 | USD 780.0 Billion |
Market Growth Rate (2025-2033) | 7.27% |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Service Types Covered | Property Services, Cleaning Services, Security Services, Catering Services, Support Services, Environmental Management Services |
Business Models Covered | Outsourced, In-House |
End Users Covered | Hospitals and Clinics, Long-term Healthcare Facilities, Others |
Regions 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, Sodexo., etc. |
Customization Scope | 10% Free Customization |
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) |