PUBLISHER: The Business Research Company | PRODUCT CODE: 1754840
PUBLISHER: The Business Research Company | PRODUCT CODE: 1754840
Healthcare buildings refer to specialized facilities designed and constructed to provide medical services, healthcare treatment and support for patients' well-being. These buildings are essential components of the healthcare infrastructure and encompass a wide range of structures, each serving specific functions within the healthcare system.
The healthcare buildings market consists of revenues earned by entities (organizations, sole traders and partnerships) through specialized structures designed and constructed to facilitate the provision of medical services, treatment and care.
The global healthcare buildings market was valued at $242,187.61 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 3.00%.
High Investments In Healthcare Infrastructure
The high investments in healthcare infrastructure fueled the growth of the healthcare buildings market during the historic period. Healthcare infrastructure encompasses the physical, organizational, and technological frameworks necessary for delivering medical services, including hospitals, clinics, medical equipment, healthcare workforce, and digital health systems. Healthcare buildings serve as the foundation of high investments in healthcare infrastructure by providing state-of-the-art facilities that support advanced medical treatments, ensure patient safety, and accommodate evolving healthcare demands. For instance, in May 2024, according to the Office for National Statistics (ONS), a UK-based independent producer of official statistics, the largest portion of healthcare-related capital expenditure in the UK was allocated to infrastructure, with a net capital outlay of £11.3 billion ($14.2 billion) in 2022 (in 2023 prices). Therefore, the high investments in healthcare infrastructure drove the growth of the healthcare buildings market.
Strengthening Energy Resilience And Sustainability In Healthcare And Housing Infrastructure
Companies operating in the healthcare buildings market are focusing on strategic investments to enhance energy resilience and sustainability for critical community infrastructure. Strategic investment refers to the deliberate allocation of resources, financial or otherwise, to achieve long-term goals such as growth, innovation, market expansion, or competitive advantage while minimizing risks and optimizing returns. For instance, in December 2024, the U.S. Department of Energy (DOE), a US-based executive department, announced an investment of up to $365 million under its Programa de Comunidades Resilientes to strengthen energy resilience across Puerto Rico's healthcare facilities and multifamily housing properties through solar and battery storage installations. This initiative aims to fortify critical healthcare services by ensuring an uninterrupted power supply for emergency care, vaccine storage, and essential medical operations, while also enhancing the sustainability of public and privately subsidized housing infrastructure. By integrating renewable energy solutions, the program advances long-term energy independence, disaster resilience, and equitable access to reliable electricity for vulnerable communities.
The global healthcare buildings market is high fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 4.21% of the total market in 2023.
Healthcare Buildings Global Market Opportunities and Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global healthcare buildings market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for healthcare buildings? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The healthcare buildings market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider healthcare buildings market; and compares it with other markets.