Global Healthcare Facilities Management Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Healthcare Facilities Management Market: By Hard Services (Mechanical and Electrical Maintenance, Plumbing and Air Conditioning Maintenance, Fire Protection Systems, and Fabric Maintenance), By Soft Services (Waste Management, Administrative Services, Cleaning, Laundry, and Catering), By End User (Hospitals, Clinics, and Others), and Geography - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global healthcare facilities management market was valued at US$ XX Mn and expected to grow at XX% Compound Annual Growth Rate (CAGR) from 2018 to 2024

Market Outline: Healthcare Facilities Management Market
Healthcare facilities management is constantly needed to maintain a healthy and clean environment, it is achieved by proper planning and well-organized delivery of various functions. The facilities management helps in professional management of services such as cleaning, catering, maintenance, and security. Healthcare facilities management imperative across the hospitals and healthcare facilities to meet the regulatory standards.

Market Dynamics: Healthcare Facilities Management Market
The technological developments in the healthcare services and increase in the requirement for outsourcing of services is boosting the growth of the healthcare facilities management market. The outsourcing helps reduce cost and expenses of the business, it also helps saving time of resources which would be helpful in focusing on the core business functions. The increase in the development of the medical tourism and support from the government is enriching the growth of the market. However, the lack of quality standards of the service is limiting he growth of the healthcare facilities management market. Increase in the labor cost is likely to hamper the growth of the market.

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Market Scope: Healthcare Facilities Management Market
Healthcare facilities management market is segmented based on the hard Services, soft services, and end user
Based on the hard services, the market is segmented into the following:
• Mechanical and Electrical Maintenance
• Plumbing and Air Conditioning Maintenance
• Fire Protection Systems
• Fabric Maintenance
Based on the soft services, the market is segmented into the following:
• Waste Management
• Administrative Services
• Cleaning
• Laundry
• Catering
Based on the end user, the market is segmented into the following:
• Hospitals
• Clinics
• Others

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Regional Analysis: Healthcare Facilities Management Market
Geographically, global healthcare facilities management market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe healthcare facilities management market are the dominant markets. North America is predicted to keep the top spot in the global healthcare facilities management market. The Asia Pacific healthcare facilities management market is expected to grow at significant rate over the forecast period owing to emerging economies such as China, India, and Japan. The increase in the support from the government in improving the healthcare facilities is adding fuel for the growth of the healthcare facilities management market in the region.

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Competition Assessment: Healthcare Facilities Management Market
Some of the players in the global healthcare facilities management market include:
• Founders3 Real Estate Services (U.S)
• Sodexo, Inc. (France)
• Medxcel Facilities Management (U.S)
• Vanguard Resources (U.S)
• Compass Group Plc (UK)
• Aramark (U.S)
• Mitie Group Plc (UK)
• ISS World Services A/S (Denmark)
• Ecolab (U.S)
• OCS Group (UK)

Notable Market Developments: Healthcare Facilities Management Market
 In March 2018, Medxcel Client Facility has earned prestigious LEED Certification, Austin Energy Green Building Rating for Green Design and Construction Methods

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