Global Healthcare Facilities Consulting Service Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Healthcare Facilities Consulting Service Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Healthcare Facilities Consulting Service market finds that the global Healthcare Facilities Consulting Service market reached a value of USD 1826.48 million in 2022. It’s expected that the market will achieve USD 2995.27 million by 2028, exhibiting a CAGR of 8.59% during the forecast period.

Since the outbreak of the covid-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, And the World Health Organization has declared it an emergency public Health event. The COVID-19 epidemic is infected with a large number of people Exceeded 13 million. SARS. At present, the number of confirmed cases in Worldwide has exceeded 13 million, the number of confirmed cases in North America has exceeded 3 million. Different industries are affected differently by the epidemic situation. The impact on Healthcare Facilities Consulting Service is mainly affected the downstream industries.

For downstream hospitals in the Healthcare Facilities Consulting Service market, the outbreak of new coronaviruses firstly accelerated the upgrading of hospital medical facilities. The epidemic will accelerate the updating of medical information systems, thereby driving large-scale replacement of terminal equipment. With the exponential growth of data brought about by the development of ultra-high-definition medical imaging, and the zero-latency connection of telemedicine, higher reliability and response speed of terminal hardware are required. Therefore, the medical unit must replace the terminal equipment in time according to the requirements of the system to ensure the normal operation of the medical business. The replacement of equipment needs to be carried out more efficiently without the Healthcare Facilities Consulting Service.

Increased competition

The Healthcare Facilities Consulting Service industry is currently a relatively fragmented space. This is beginning to change however, as more mergers and acquisitions (M&A) take place across the Healthcare Facilities Consulting Service sector, with significant consolidation expected in the next few years. More and more customers are choosing to outsource to one full-service Healthcare Facilities Consulting Service rather than single -service providers, as this simplifies the supply chain and can reduce time. Therefore, competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, we expect this competition to intensify with an increase in product/service extensions.

Market Drivers

According to relevant data released by the China Health Bureau, at the end of 2018, the total number of medical and health institutions nationwide reached 997,434, an increase of 10,785 from 2017. Among them: 33009 hospitals, 943639 primary-level medical and health institutions, and 18034 professional public health institutions.

China's public medical institutions started early, accumulated a lot, have good human resources and policy support, and with the background of state-owned capital, it is easier to gain the trust of patients in market competition. Private medical institutions were developed against the background of the monopolistic status of public medical institutions. The late start, low accumulation, uneven technical level and management level, plus the lack of integrity and self-discipline in a small number of private medical institutions have damaged private medical institutions. The overall image in society makes it more difficult for private medical institutions to gain patient trust than public medical institutions.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (31.22% in 2021).

Company Overview

AECOM is one of the major players operating in the Healthcare Facilities Consulting Service market, holding a share of 6.67% in 2022.

AECOM

AECOM provides professional technical services to the United States government, state, local, and non-U.S. governments and agencies, and commercial customers. The Company's services include consulting, planning, architecture, engineering, construction management, project management, asset management, environmental services, and design-build services.

WSP Global

WSP Global Inc. offers engineering services. The Company offers professional services in the areas of construction, energy, the environment, mining, municipal infrastructure, project management, telecommunications, and transportation.

Segmentation Overview:

Among different product types, Facilities Design, Engineering and Construction Management segment is anticipated to contribute the largest market share in 2027.

Investment Assessment & Auditing Descriptions

Investment Assessment & Auditing is a kind of service of Information System Controls, Billing and Collections, Accounting/Finance, Information Security/Cybersecurity Program Effectiveness, Charge Capture, and so on for the healthcare facilities, this services to help healthcare facilities avoid financial risks.

Permitting & Compliance Descriptions

Permitting & Compliance is defined as the service to help healthcare facilities developing a corporate compliance plans, and implementing ongoing corporate compliance efforts.

Facilities Design, Engineering and Construction Management Descriptions

Facilities Design, Engineering and Construction Management is defined as the consulting service including project planning, cost estimation, construction management, project risk management, construction claims, etc.

Monitoring & Testing Descriptions

Monitoring & Testing is defined as the service including facilities and environmental testing and monitoring such as air quality testing and monitoring, microbial testing, OSHA compliance testing, chemical exposure testing and monitoring, etc.

Application Overview:

The market's largest segment by application is the segment Hospitals, with a market share of 78.75% in 2021.

Key Companies in the global Healthcare Facilities Consulting Service market covered in Chapter 3:

AEP
Ventures Healthcare
OLA Consulting Engineers
WSP Global
Universal Hospital Services
AECOM
Smith Seckman Reid
MJ Medical
Aurecon
Arup Group
IMEG Corp
Ramboll Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Healthcare Facilities Consulting Service market from 2018 to 2029 is primarily split into:

Investment Assessment & Auditing
Permitting & Compliance
Facilities Design, Engineering and Construction Management
Monitoring & Testing
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Healthcare Facilities Consulting Service market from 2018 to 2029 covers:

Hospitals
Healthcare Centers

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)