PUBLISHER: Grand View Research | PRODUCT CODE: 1869692
PUBLISHER: Grand View Research | PRODUCT CODE: 1869692
The global healthcare facilities management market size was estimated at USD 563.32 billion in 2024 and is projected to reach USD 1,300.91 billion by 2033, growing at a CAGR of 9.67% during the forecast period. This growth is primarily attributed to the increasing prevalence of chronic disease, which has led to increased demand for effective management of healthcare facilities.
Moreover, rising healthcare costs and a focus on operational efficiency are prompting hospitals and clinics to either outsource their management needs or adopt advanced facility management solutions. In addition, the growing use of innovative building technologies, energy-efficient options, and automation for maintenance, waste management, and security is also contributing to market expansion.
Rising Healthcare Infrastructure Investments
Increased investment in healthcare infrastructure significantly propels market growth by boosting the need for professional services that ensure the effective operation, safety, and compliance of healthcare facilities. As hospitals, clinics, and specialized care centers grow or upgrade, there is a rising demand for facility management solutions, which encompass the maintenance of medical equipment, HVAC systems, energy management, sanitation, waste disposal, and adherence to regulations. These investments aim to create technologically advanced and patient-focused environments, necessitating integrated facility management to enhance operational efficiency, minimize downtime, and improve patient safety.
For instance, India's healthcare landscape is rapidly embracing digital transformation, fueled by government initiatives, policy reforms, and cutting-edge technological advancements. With a growing population and rising demand for quality healthcare, digital solutions are increasingly essential for improving accessibility, affordability, and efficiency across the country. Telemedicine, electronic health records (EHRs), and AI-driven diagnostics are bridging the urban-rural healthcare divide, enabling timely and accurate care for underserved populations. According to a World Economic Forum report published in January 2025, India has the potential to emerge as a global leader in digital health by promoting a resilient digital health ecosystem. The report highlights the critical role of public-private partnerships, interoperability, and robust data governance, emphasizing initiatives such as the Ayushman Bharat Digital Mission (ABDM) and the Digital Health Incentive Scheme (DHIS) as models that set global benchmarks for healthcare digitalization.
Global Healthcare Facilities Management Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global healthcare facilities management market report based on service, end use, and region: