Modular Construction Market In Healthcare Sector 2024-2028
The modular construction market in healthcare sector is forecasted to grow by USD 10858.7 mn during 2023-2028, accelerating at a CAGR of 16.4% during the forecast period. The report on the modular construction market in healthcare sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for customizable healthcare construction, cost-effectiveness of modular construction in healthcare sector, and need for expansion of healthcare infrastructure.
Technavio's modular construction market in healthcare sector is segmented as below:
- By Type
- Permanent modular construction
- Temporary modular construction
- By Application
- Civil use
- Military use
- By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the rise in usage of modular construction in healthcare sector post covid-19 pandemic as one of the prime reasons driving the modular construction market in healthcare sector growth during the next few years. Also, government initiatives for improvement of healthcare sector and rising demand for technologically advanced hospitals will lead to sizable demand in the market.
The report on the modular construction market in healthcare sector covers the following areas:
- Modular construction market in healthcare sector sizing
- Modular construction market in healthcare sector forecast
- Modular construction market in healthcare sector industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading modular construction market in healthcare sector vendors that include Black Diamond Group Ltd., BMarko Structures LLC, Commercial Structures Corp., Cotaplan, Elite Systems GB Ltd., EPACK Polymers Pvt Ltd., Fero International Inc, MCC Group London, Midlands Portable Buildings, Modulaire Group, Modular Genius, Modulus Housing, MTX Contracts Ltd., POL R Enterprises Inc., Premier Modular Group, Pressmach Infrastructure Pvt Ltd., Ramtech Building Systems Inc., Red Sea International Co., Rheinmetall AG, Triumph Modular Inc., Vanguard Healthcare Solutions, and Wilmot Modular Structures Inc.. Also, the modular construction market in healthcare sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.