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Green Hospitals Market Size Expected To Acquire USD 15.9 billion By 2030 At 6.5% Compound Annual Growth Rate

The latest market report published by Credence Research, Inc. “Global Green Hospitals Market: Growth, Future Prospects, and Competitive Analysis, 2017 – 2030”. The Global Green Hospitals Market generated revenue of around USD 10.2 billion in 2022 and is anticipated to grow a CAGR of over 6.5% during the forecast period from 2023 to 2030 to reach around USD 15.9 billion in 2030.

Sustainable healthcare buildings are environmentally friendly, energy-efficient, and structurally sound. The term sustainability does not only refer to environmental friendliness. Many think about sustainability by considering renewable energy sources and effective thermal insulation. However, the efficient use of energy, water, and other resources is only one aspect of a comprehensive, integrated concept. Building sustainability should also be considered concerning protecting the health of building users, improving employee productivity, and reducing waste, pollution, and resource usage.

The global green hospitals market is bifurcated into Product and Geography. Based on product, the market is categorized into waste management, light-emitting diode systems, and autoclaves. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

In 2022, North America dominated the global green hospitals market and accounted for a major market revenue share in terms of value. Healthcare is highly developed, and infectious and chronic diseases are on the rise, requiring advanced medical and surgical aids that generate a lot of byproducts and residues. This has driven market growth and the presence of major players in the largest consumer market with a high GDP.

Some of the prominent companies analyzed are Johnson Controls International PLC., Siemens AG, Honeywell International Inc., Schneider Electric SE, GE Healthcare Ltd., Medtronic plc among others. These companies are investing heavily in eco-friendly technologies for sustainable development in healthcare facilities worldwide. They aim to reduce carbon emissions whilst improving patient safety through innovative solutions such as energy-efficient lighting systems and renewable energy sources like solar panels or wind turbines.

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