The global healthcare architecture market is likely to expand at decent pace due to recent trends in architectural design and implementation. According to a report published by Fortune Business Insights, titled “Healthcare Architecture Market Size, Share and Global Trend By Product Facility Type (Hospitals, ASCs, Long Term Care Facilities & Nursing Homes, Academic Institutes & Others), Service Type (New Construction & Refurbishment) and Geography Forecast till 2025,” the market is likely to reach US$ 8,210.5 Mn by 2025. The rise in market valuation from US$ 5,954.3 Mn indicates that the market will exhibit a CAGR of 4.1%.
The increasing geriatric population and fierce market competition have created a high demand for improved quality of patient care, which have kept healthcare architecture companies on their toes. Incorporation of automated concepts has led to a substantial rise in adoption of modern design concepts in healthcare architecture.
Some of the leading companies that are operating in the global healthcare architecture market are HDR, HKS, Stantec, Jacobs Engineering Group, CannonDesign, NBBJ, Perkins+Will and Smith Group.
By Facility Type
- Long Term Care Facilities & Nursing Homes
- Academic Institutes
By Service Type
- New Construction
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Rest of the World
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/healthcare-architecture-market-100067
Increasing Public and Private Investments to Boost the Global Market
Healthcare architecture involves various stages of product lifecycle such as research, design, implementation, and maintenance of infrastructure. Healthcare institutions naturally require high quality of care and design and an even better approach as far as patient comfort is concerned. Such high calibre of construction may incur a high cost for completion. With increasing awareness regarding benefits of sophisticate healthcare infrastructure, governments across several countries have decided to act upon it. Therefore, there have been increasing investment by public as well as private organizations towards building and improvement of healthcare institutions. The aforementioned factors bode well for the healthcare architecture market and are likely to boost the market in the coming years.
Kengo Kuma Unveils First Ever Green Hospital in Tokyo
In 2015, Kengo Kuma introduced the first ever green hospital in Tokyo, aimed at maximizing the use of nature’s attributes. The company launched at hospital surrounded by a huge landscape of garden and natural vicinity. The company stated that it made minimal uses of conventional resources and maximized the area by mostly capitalizing on naturally open spaces. Building healthcare infrastructure within natural habitats lead to an improved atmosphere and weather conditions for diagnosed patients. The hospital also acted as a rehabilitation centre for related people.
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