Press release
Green Hospitals Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
How Are the key drivers contributing to the expansion of the green hospitals market?Government-driven efforts geared towards fostering sustainable healthcare are projected to bolster the emergence and expansion of the green hospital market. These initiatives refer to plans and measures taken to ascertain that healthcare systems cater to today's requirements without jeopardizing future resources or environmental safety. These strategies foster sustainable healthcare by prioritizing aspects such as resource conservation, equal healthcare access, and the encouragement of eco-friendly practices. These include the establishment of energy-efficient infrastructure, integration of renewable energy, and curtailing waste, especially in green hospitals. For example, in June 2023, as per Netherlands-based healthcare research and innovation organization, ZonMw, it inked the Sustainable Healthcare Green Deal 3.0, alongside other signatories, aiming to mitigate the environmental toll of the healthcare sector. In various policies and agreements, the government has expressed its aspiration to enhance sustainability in healthcare. The preceding administration had previously pledged, through the Climate Act (Klimaatwet), to realize net-zero carbon emissions by 2050, an objective that healthcare institutions are also mandated to attain. Consequently, the escalating government-led initiatives encouraging sustainable healthcare are serving as the catalyst for the growth of the green hospital market.
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What growth opportunities are expected to drive the green hospitals market's CAGR through 2034?
In the past few years, the size of the green hospitals market has seen a swift expansion. The market is expected to rise from $45.81 billion in 2024 to $52.02 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 13.6%. The notable growth during the historical period is primarily due to increased global awareness about environmental issues, the necessity for sustainable practices, a surge in the number of hospitals aiming for sustainability, the use of renewable energy, and the significant contribution of green hospitals to carbon emissions.
In the coming years, significant expansion is forecasted for the green hospitals market, which is projected to reach $85.4 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 13.2%. This anticipated growth for the forecast period can be linked to various organizations aiding hospitals in achieving their zero-emission targets, the utilization of sustainable building materials, the establishment of green hospitals, the growing adoption of green procurement policies, and healthcare initiatives that encourage sustainability. Key trends to watch during the forecast period would include technological advancements such as energy-efficient lighting, renewable energy solutions, waste minimization programs to boost sustainability, and an extensive array of environmentally friendly healthcare services.
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What are the most significant trends transforming the green hospitals market today?
Leading firms in the green hospital market are focusing on the creation of strategic collaborations to seamlessly weave the concept of sustainability into healthcare facilities' operations. Through strategic alliances, they can devise and introduce sustainable methods, technologies, and campaigns, contributing to natural preservation and operational efficiency within hospitals, thereby promoting a green hospital atmosphere. For instance, in February 2024, the Sweden-based environmental services group, Nordic Center for Sustainable Healthcare (NCSH), joined forces with Mamta Health Institute for Mother and Child (MAMTA HIMC), a non-profit organization in India, to launch the green hospital Initiative. This initiative is geared towards enabling hospitals and healthcare providers to improve their efficiency, environmental responsibility, patient safety, and quality of care. It aims to guide hospitals in integrating green practices like leadership, waste management, safer chemicals, energy efficiency, water conservation, among others. A significant focus is put on collaboration across workgroups, networking prospects, and the dissemination of sustainability practices to spearhead change in healthcare facilities.
Which growth-oriented segments of the green hospitals market are leading the industry's development?
The green hospitals market covered in this report is segmented -
1) By Type Of Green Technology: Energy-Efficient Lightning, Renewable Energy Sources, Waste Reduction Programs
2) By Services: Medical Services, Surgical Services, Emergency Services
3) By Certification Range: Leadership In Energy And Environmental Design (LEED) Certification, Green Globes Corporation, Energy Star Certification
4) By Ownership: Government-Owned Facilities, Private Facilities, Non-Profit Facilities
5) By Application: Hospitals, Clinics, Long-Term Care Facilities
Subsegments:
1) By Energy-Efficient Lighting: Led Lighting, Smart Lighting Systems, Occupancy Sensor-Based Lighting
2) By Renewable Energy Sources: Solar Power Systems, Wind Energy Systems, Geothermal Heating And Cooling
3) By Waste Reduction Programs: Medical Waste Recycling, Waste Segregation And Composting, Energy-From-Waste Technologies
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What regions are leading the charge in the green hospitals market?
North America was the largest region in the green hospitals market in 2024. Asia-Pacific is the fastest growing region in the market. The regions covered in the green hospitals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the green hospitals market?
Major companies operating in the green hospitals market are Hitachi Ltd., Siemens AG, Schneider Electric SE, Honeywell International Inc., Johnson Controls International PLC, Lyngsoe Systems A/S, Medline Industries Inc., Eaton Corp., Waste Management Inc., Koninklijke Philips N.V., Trane Technologies Plc, Northwell Health Inc., Dignity Health, Owens-Corning Overseas Holdings Inc., GE HealthCare Technologies Inc., Mount Sinai Health System Inc., Stericycle Inc., HDR Inc., Celitron Inc., Max Healthcare Ltd., Jehangir Hospital, Dell Children's Medical Center, Gundersen Lutheran Health System Inc., Boulder Community Health, Bronson Methodist Hospital, All India Institutes of Medical Sciences (AIIMS), Tuttnauer B.V
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What Is Covered In The Green Hospitals Global Market Report?
• Market Size Forecast: Examine the green hospitals market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the green hospitals market for a structured understanding.
• Key Players Overview: Analyze major players in the green hospitals market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the green hospitals market.
• Segment Contributions: Evaluate how different segments drive overall growth in the green hospitals market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the green hospitals market.
• Industry Challenges: Identify potential risks and obstacles affecting the green hospitals market.
• Competitive Landscape: Review strategic developments in the green hospitals market, including expansions, agreements, and new product launches.
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