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The healthcare facilities management market size is valued at USD 283.8 billion in 2020 and is expected to witness a revenue of USD 600 billion by 2027, with a CAGR of 13.7% over the forecast period 2021 to 2027. Healthcare facilities management Market is constantly needed to maintain a healthy and clean environment, it is achieved by proper planning and well-organized delivery of various functions. The facilities management helps in professional management of services such as cleaning, catering, maintenance, and security. Healthcare facilities management imperative across the hospitals and healthcare facilities to meet the regulatory standards. The worldwide healthcare facilities industry is predicted to grow significantly as a result of the COVID-19 pandemic. With an increase in the number of COVID-19 patients, an increase in the number of COVID-19 tests and treatments is expected, resulting in the production of massive amounts of medical waste. In addition, given the social separation, the administration of in-patient and out-patient services during the Pandemic is critical. In addition, maintaining good cleanliness is crucial in combating COVID-19 outbreaks. As a reaction to COVID-19, according to the Centers for Disease Control and Prevention (CDC), healthcare facilities must offer care for all patients in the safest manner possible for both patients and healthcare professionals. As a result of the considerations listed above, healthcare facility management is in high demand during the pandemic. Due to rising worldwide healthcare expenditures, an increase in the frequency of chronic diseases, and more medical tourism in emerging nations, the healthcare facilities management industry is expected to grow rapidly.
