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The increasing detection of acute and chronic illnesses is likely to stimulate innovation in the production of healthcare buildings, propelling the market over the forecast period.

The global healthcare buildings market is expected to grow from $253.94 billion in 2022 to $263.05 billion in 2023 at a compound annual growth rate (CAGR) of 3.2%. The global healthcare buildings market size is expected to reach $283.21 billion in 2027 at a CAGR of 2.0%.

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Global Healthcare Buildings Market Segments Include:

• By Facility Type: Hospitals, ASCs, Long Term Care Facilities And Nursing Homes, Academic Institutes, Other Facility Types
• By Service Type: New Construction, Refurbishment
• By Healthcare Type: Public Healthcare, Private Healthcare
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global healthcare buildings market in 2021.

Major Market Players in the healthcare buildings market include Henningson, Durham & Richardson Inc. (HDR Inc.), HKS Architects, Stantec Inc., Jacobs Solutions Inc., CannonDesign, Naramore, Bain, Brady & Johanson(NBJJ), Perkins&Will.

Product innovation is a crucial trend that is gaining traction in the hospital buildings market. To strengthen their market position, major players in the hospital buildings market are focusing on introducing innovative products. RSC Architects, a USA-based architectural firm, for example, inaugurated Helena Theurer Pavilion, a 530,000-square-foot Helena Theurer Pavilion at Hackensack University Medical Centre in February 2023. This unique nine-story surgical and intensive care tower is raising the bar in the New York metropolitan area for patient care competence. The Pavilion features all-private patient rooms and the most up-to-date “smart hospital” technology, and every detail has been meticulously examined to give patients with an exceptional experience.

The Healthcare Buildings Global Market Report 2023  provides a healthcare buildings market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The healthcare buildings market forecast analyzes healthcare buildings market size, healthcare buildings market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A healthcare building is a facility that is utilised for medical procedures. It is also defined as a building that houses a hospital and its associated operations, such as laboratories, laundries, outpatient departments, nurse homes, training activities and central service operations linked to a hospital, as well as a building that houses educational or training programmes for medical professionals that is run as an essential component of a hospital.

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