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The global healthcare facilities management market size was calculated at USD 326.12 billion in 2024 and is predicted to attain around USD 838.21 billion by 2034, expanding at a CAGR of 9.9% from 2025 to 2034.
Industry Worth | Details |
Market Size in 2025 | USD 358.41 Billion |
Market Size by 2034 | USD 838.21 Billion |
Market Growth Rate from 2025 to 2034 | CAGR of 9.9% |
The healthcare facilities management market refers to the maintenance and administration of a healthcare facility’s maintenance, development, operations, and security. These management systems come with the benefits of minimizing energy expenses, employee health and wellness, occupant safety, security, improving space utilization, enhancing patient experience, predictive maintenance, ensuring regulatory compliance, cost control, asset management, energy management, and overall upkeep.
These healthcare facilities are needed to treat and prevent illnesses across large populations. Healthcare facilities like blood banks, ambulance services, laboratories for testing, hospitals, and health centers can provide essential care and services to patients. In October 2024, the Health Facility Solar Electrification (HFSE) initiative to improve primary healthcare services was launched by Ethiopia, the Ministry of Health, Gavi, UNICEF, and WHO. Over 300 remote healthcare facilities across Ethiopia are powered with solar energy and serve an estimated 6.7 million people.
In October 2024, two senior leaders were appointed to the leadership team of North American business, including Tim Dismond as Chief Operations Officer (COO) and Marjorie McCarthy as Chief Marketing Officer (CMO), who were appointed by a leading global workplace experience, corporate dining, and facility management company, ISS.
Dexter Devid, Senior Vice President, Human Resources, Diversity, Equity & Inclusion, said, “Through allyship and advocacy, we strive to create an engaging and inclusive workplace where all associates are allowed to perform at their best.” “It’s time to take steps and build on the momentum to ensure each associate at Ecolab has the opportunities they deserve.”
North America dominated the global healthcare facilities management market in 2024, while Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
North America
North America dominated the global healthcare facilities management market in 2024. The presence of innovative technologies and strong healthcare organizations is driving the growth of the market in this region.
Asia Pacific
Asia Pacific is anticipated to grow at the fastest rate in the healthcare facilities management market during the forecast period. India and China are the leading countries for the growth of the market in the Asia Pacific region.
The healthcare facilities management market is highly competitive, with leading companies like ABM Industries Inc. and ISS World Services A/S holding the highest market share.
ABM reported first-quarter fiscal 2025 results, with revenue up 2.2% to $2.1 billion, including organic growth of 1.6%. Net income of $43.6 million, and earnings per diluted share of $0.69, versus $44.7 million and $0.70 in the prior year, respectively.
ISS A/S is a multi-national company operating in a number of European nations such as the United Kingdom, Ireland, Germany, Switzerland, Spain, Turkey, and Denmark. The company also has roots in North America, operating in both the United States and Canada, with an Oceania presence in New Zealand and Australia. ISS A/S has a diverse portfolio, operating in manufacturing, transportation, hospitality, security, and emergency management services. The company also extends administrative support and management services, with investments in energy management, asset management, building structure and fabric, property maintenance, and waste management services.
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Stats ID: | 8215 |
Format: | Databook |
Published: | April 2025 |
Delivery: | Immediate |
Stats ID: | 8215 |
Format: | Databook |
Published: | April 2025 |
Delivery: | Immediate |
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