Press release
Green Hospitals Market Expecting Huge Demand in Upcoming Years | Dell Children's Medical Center, Aga Khan Foundation, Aarhus University Hospital
The Green Hospitals Market is estimated for 2023 for the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.Market Overview:
Green hospitals aim to minimize energy usage, waste and environmental pollution through sustainable building design and operations. They promote renewable energy solutions, encourage recycling and conservation efforts to reduce carbon footprint in healthcare facilities.
Market Dynamics:
Green building designs and operations in hospitals help lower operational costs through reduced energy and water usage over time. According to the World Green Building Trends 2016 report, green hospitals provide 20-30% savings on energy bills compared to traditional hospitals. Also, they improve indoor environment quality which contributes to faster recovery of patients and fewer medical errors. Green features and sustainable practices promote a sense of wellbeing among staff and positively impact patient satisfaction scores. Focus on renewable energy and conservation enhances brand reputation of healthcare providers.
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Market Opportunity: Growth of Green Building Design and Construction
As awareness rises of the financial and environmental benefits of green built environments for healthcare, there is a growing market for specialized green building consultants, architects, engineers and contractors. Their services such as sustainable design, energy modelling, commissioning and certification are in increasing demand from hospitals planning new facilities or renovations. This presents opportunities for green construction firms to offer customizable solutions and tap into a large spending pool. Technologies like green roofs, HVAC upgrades, and smart controls also have expanding markets. Overall, the emphasis on environmentally-friendly design represents a lucrative business avenue.
Some of the Top Players in Green Hospitals Market:
Boulder Community Health, Northwell Health, Bronson Methodist Hospital, Laguna Honda Replacement Hospital and Rehabilitation Center, Lauder Center for Maternity Care, Legacy Health, Providence, Winship Cancer Institute of Emory University, Dell Children's Medical Center, Aga Khan Foundation, Aarhus University Hospital, AIIMS, Jehangir Hospital, Saifee Hospital Trust, ESIC, Max Healthcare, Kohinoor Group, Govt. Mohan Kumaramangalam Medical College & Hospital, Aster Hospitals, Inc., HINDUJA GROUP, MedHealth Medical Centre, and Cintocare
Global Green Hospitals Market Detailed Segmentation:
By Service Type:
Accident & Emergency Services
Emergency Room Services
X-ray/Radiology Services
General and Specialty Surgical Services
Investigation and Diagnostic Services
Paediatric Care Services
Physiotherapy
Laboratory Services
Orthopaedics & Joint Replacement Services
Others (Nutrition and Dietetics Service, etc.)
By Ownership:
Government-owned Facilities
Private Facilities
Non-profit Facilities
Regional Analysis -
‣ North America (USA and Canada)
‣ Europe (UK, Germany, France and the rest of Europe)
‣ Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
‣ Latin America (Brazil, Mexico, and the rest of Latin America)
‣ Middle East and Africa (GCC and rest of the Middle East and Africa)
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Market Driver: Increasing Government Support and Regulations for Environmentally-Friendly Hospitals
Many governments around the world have introduced stricter regulations and policies to encourage hospitals to adopt green practices and reduce their environmental footprint. For example, some countries now mandate certain levels of energy efficiency, waste reduction targets, and use of renewable energy for all new hospital construction projects. Financial incentives in the form of tax rebates or subsidies are also provided to hospitals that install clean energy solutions or improve their recycling programs. The strict compliance required by laws is a key factor compelling more healthcare facilities to invest in green technologies and operations.
Market Restrain: Higher Upfront Capital Costs of "Going Green"
While green investments may save on operating expenses in the long-run through lower energy bills, the initial capital costs can be substantial for healthcare providers - from installing solar panels or LED lighting to setting up advanced waste segregation systems. The high costs associated with replacing existing infrastructure or retrofitting buildings with modern eco-friendly alternatives act as a deterrent, especially for cash-strapped public hospitals. The payback periods for investments also tend to be long, discouraging facilities working with limited budgets. Addressing this cost barrier is crucial to accelerate the green transformation of the sector.
Market Trend: Emergence of Green Healthcare Standards and Certification Programs
To guide the industry and recognize top performers, various international standards and certification programs for green hospitals have been launched in recent years. Examples include the Green Guide for Healthcare in the US, EDGE green building certification in Canada, Green Hospital Rating program in India. These voluntary schemes assess factors like energy and water consumption, waste management, pollution prevention and use of non-toxic materials in operations. More hospitals are signing up to get certified, validate their green credentials and learn best practices. This standardized framework helps benchmark progress and encourages continuous improvement as a long term trend across the global green hospitals sector.
Questions Answered by the Report:
(1) Which are the dominant players of the Green Hospitals Market?
(2) What will be the size of the Green Hospitals Market in the coming years?
(3) Which segment will lead the Green Hospitals Market?
(4) How will the market development trends change in the next five years?
(5) What is the nature of the competitive landscape of the Green Hospitals Market?
(6) What are the go-to strategies adopted in the Green Hospitals Market?
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Table of Contents
Chapter 1 Market Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Market Size Analysis from 2023 to 2030
Chapter 2 Competition by Types, Applications, and Top Regions and Countries
2.1 Market (Volume and Value) by Type
2.3 Market (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Worldwide Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Green Hospitals Sales, Consumption, Export, Import by Regions (2023-2023)
Chapter 5 North America Market Analysis
Chapter 6 Europe Market Analysis
Chapter 7 Middle East and Africa Market Analysis
Chapter 8 Asia Pacific Market Analysis
Chapter 9 Latin America Market Analysis
Chapter 10 Company Profiles and Key Figures in Green Hospitals Business
Chapter 11 Market Forecast (2023-2030)
Chapter 12 Conclusions
📌Contact Us:
Mr. Shah
Coherent Market Insights Pvt. Ltd,
📞Phone: U.S.: +1-206-701-6702
📞U.K.: +44-020-8133-4027
📞JAPAN: +81-50-5539-1737
📞INDIA: +91-848-285-0837
✉ Email: sales@coherentmarketinsights.com
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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