United States Healthcare Facilities Management Market is Expected to grow at a robust CAGR of 10.11% through 2029
The
increasing United States healthcare facilities management market is driven by
growing adoption of smart building technologies, outsourcing of non-core
healthcare facility functions during the forecast period 2025-2029.
According
to TechSci Research report, “United
States Healthcare Facilities Management Market – By Region, Competition,
Forecast & Opportunities, 2019-2029F", The United States Healthcare
Facilities Management Market was valued at USD 82.47 Billion in 2023 and is
expected to reach USD 148.30 Billion in 2029 with a CAGR of 10.11% during the
forecast period. The trend towards outsourcing non-core activities is another
significant driver of the U.S. healthcare facilities management market.
Healthcare providers are increasingly outsourcing facilities management
services to third-party providers to focus on their core mission of delivering
patient care. Outsourcing allows healthcare organizations to leverage the
expertise of specialized facilities management firms, which often have more
advanced technology and better resources to manage complex healthcare environments.
This can lead to cost savings, increased operational efficiency, and enhanced
compliance with regulatory standards. Moreover, outsourcing facilities
management allows healthcare providers to scale services based on their needs,
whether they are expanding or downsizing their operations. As the healthcare
industry continues to grow and evolve, the trend toward outsourcing is expected
to become even more prominent, driving further demand for professional
facilities management services. The outsourcing model is particularly
attractive for smaller healthcare providers who may lack the internal resources
to manage facilities effectively but still need to maintain high standards of
safety and efficiency.
Healthcare
facilities in the United States must comply with a wide range of regulations
and safety standards set by government agencies and accreditation bodies such
as the Centers for Medicare & Medicaid Services (CMS), the Occupational
Safety and Health Administration (OSHA), and The Joint Commission. These
regulations govern areas such as infection control, waste management, fire
safety, and the overall physical environment of healthcare facilities.
Facilities management teams must ensure that healthcare environments meet these
stringent requirements, and failure to do so can result in significant
penalties, fines, or the loss of accreditation. Recent years have seen an
increased focus on infection control, particularly following the COVID-19
pandemic, which has emphasized the need for strict hygiene protocols and the
management of air quality. Additionally, healthcare facilities are required to
implement emergency preparedness and disaster recovery plans to ensure they can
continue operations in the event of a natural disaster or other crisis.
Compliance with these regulations is a key area of focus in healthcare
facilities management and is likely to grow in importance as new safety
standards emerge.
The
use of advanced software solutions is reshaping the healthcare facilities
management landscape in the U.S. Healthcare facilities are increasingly turning
to specialized software platforms that help streamline operations, track
maintenance schedules, and ensure regulatory compliance. Computerized
Maintenance Management Systems (CMMS) and Integrated Workplace Management
Systems (IWMS) are becoming essential tools for healthcare facilities managers.
These platforms provide real-time insights into the status of equipment,
maintenance needs, and asset management, enabling more efficient resource
allocation and better decision-making. The rise of cloud-based systems has
further enhanced the capabilities of these platforms, allowing facilities
managers to access data remotely and coordinate operations across multiple
locations. Moreover, the integration of analytics and artificial intelligence
(AI) into these systems enables predictive maintenance, helping facilities
prevent equipment failures and reduce downtime. The adoption of these
technological solutions is driven by the need to improve operational
efficiency, reduce costs, and enhance patient care environments. As healthcare
facilities continue to adopt digital solutions, the role of software in
facilities management will continue to grow.
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United States Healthcare Facilities Management Market"
Based
on application, Hospitals dominated in the United States Healthcare Facilities
Management Market in 2023 due to several factors that underline their critical
role in the healthcare system. One major reason is the high volume of patient
admissions, and the complexity of services provided within hospital settings.
Hospitals require comprehensive facilities management to ensure operational
efficiency, safety, and compliance with stringent regulatory standards,
including those related to sanitation, patient care, and staff safety. Additionally,
the aging population in the U.S. has led to increased demand for healthcare
services, thereby putting more pressure on hospitals to maintain high-quality
facilities. As the population ages, hospitals face challenges related to
accommodating higher patient volumes and managing chronic conditions, which
further necessitates effective facilities management. Hospitals must ensure
that their infrastructure is capable of supporting advanced medical
technologies, which can be achieved through sophisticated facilities management
strategies.
Another
driving factor is the ongoing technological advancements in healthcare. Many
hospitals are adopting integrated facilities management solutions that leverage
automation and data analytics to optimize operations. These technologies help
hospitals reduce costs, enhance patient satisfaction, and improve service
delivery. Furthermore, the focus on patient-centered care has prompted
hospitals to invest in improving their facilities, creating environments that
are not only efficient but also conducive to healing and comfort.
Based
on region, Southwest is the fastest growing region in the United States Healthcare
Facilities Management Market during the forecast period. driven by several key
factors. The increasing population and a high influx of residents in states
like Arizona and Texas are creating greater demand for healthcare services. As
more people relocate to these areas, the need for efficient, high-quality
healthcare facilities management becomes paramount to accommodate growing
patient populations.
Moreover,
the aging population in the Southwest is contributing to the rising demand for
healthcare services. As the demographic shifts, more healthcare facilities are
required to provide comprehensive services, including long-term care and
specialized medical treatments. This has led to an increased focus on the
management of healthcare facilities to ensure that they can deliver quality
care effectively.
Technological
advancements are another significant driver in this region. The integration of
smart building technologies and AI solutions in healthcare facilities
management is enabling hospitals and clinics to optimize operations, improve
patient care, and enhance energy efficiency. With the Southwest's commitment to
innovation, many healthcare providers are investing in modernizing their
facilities to incorporate these advancements. Additionally, supportive
government policies and funding aimed at improving healthcare infrastructure
are also propelling growth in this sector. Initiatives focused on expanding
access to healthcare services, particularly in underserved areas, are fostering
the development of new facilities and the enhancement of existing ones.
Key
market players in the United States Healthcare Facilities Management market are: -
- Sodexo S.A.
- Aramark Corporation
- Compass Group
- Jones Lang LaSalle, IP, Inc.
- CBRE Group, Inc.
- ABM Industries Incorporated
- Spindletop Health Acquisition Corp.
- ISS A/S
- Mitie Group PLC
- HCA Healthcare, Inc.
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“The
United States Healthcare Facilities Management market presents significant
opportunities driven by rising healthcare expenditures and an aging population.
The increasing demand for facility upgrades and innovative technologies, such
as IoT and AI for operational efficiency, further enhances growth prospects.
Additionally, the expansion of telehealth services necessitates adaptable
facilities, creating openings for management solutions that support hybrid care
models. Moreover, sustainability initiatives are driving investments in
energy-efficient systems and green building practices, which align with
regulatory compliance and cost-saving strategies. Overall, these trends
position the market for robust expansion.Top of Form” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based Global management consulting firm.
“United States Healthcare Facilities
Management Market 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, Others), By Region, Competition, Forecast and Opportunities,
2019-2029F”,
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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