The global healthcare facilities management market is anticipated to be valued at US$ 577.92 Bn by 2025 end. The market valuation in 2016 stood at USS 187.35 Bn.
Albany, NY -- (SBWIRE) -- 09/05/2017 -- A newly published research report, "Healthcare Facilities Management Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025" indicates that the global healthcare facilities management market is likely to grow at a striking Compound Annual Growth Rate of 13.4% during the projected period 2017 – 2025. IoT (Internet of Things) and cloud computing are two important platforms that are anticipated to open new doors for key players operating in the global healthcare facilities management market, who are yet to discover various untapped demands in remote areas across the globe. According to this research report, the global healthcare facilities management market is anticipated to be valued at US$ 577.92 Bn by 2025 end. The market valuation in 2016 stood at USS 187.35 Bn.
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Global Healthcare Facilities Management Market Forecast, By Service Type
By service type, the global healthcare facilities management market is segmented into soft services and hard services. The soft services segment is anticipated to grow rapidly, while the hard services segment is likely to contribute towards generating a major share of revenue for the key vendors in the global healthcare facilities management market. Some of the significant factors that are expected to fuel revenue growth of the hard services segment include increasing government support, reduced energy cost and a need to restrain operating costs.
Global Healthcare Facilities Management Market: Key Geographies
In the present situation, North America and Europe are most beneficial regions for key players operating in the global healthcare facilities management market, which is basically because of a healthy growth of healthcare infrastructure in various developed countries such as Germany, U.S, France, the U.K., and Canada. While North America is likely to hold its driving position; on the other hand, Europe is expected to lose ground against Asia Pacific, which is quickly transforming into an exceedingly lucrative market. Rising Asian economies such as China, India and Japan are acquiring adequate support from their local governments to develop healthcare infrastructure in their respective regions. The new trend of medical tourism is booming in Malaysia's healthcare facilities management market. The regions of the Middle East and Africa and additionally South America are likewise anticipated to witness significant growth rate during the period of forecast.
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Global Healthcare Facilities Management Market: Competitive Landscape
Sodexo, Inc., ISS World Services A/S, Aramark, Ecolab USA Inc., Jones Lang LaSalle, ABM, OCS Group, IP, Mitie Group PLC, Medxcel Facilities Management, Compass Group PLC, and Vanguard Resources are some of the prominent companies presently operating in the global healthcare facilities management market. The two significant business strategies of these companies to retain their position in the global healthcare facilities management market are improved services portfolio and product innovation.
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