Green cleaning offers opportunities for the healthcare facilities management market

December 6, 2018

According to a report from Transparent Market, the healthcare facilities management market is set to expand at a compound annual growth rate (CAGR) of 8.8 percent between 2018 to 2026. One of the key areas of opportunity is in green cleaning.

A major opportunity in the market exists in green cleaning, the report found. North America and Europe are already in the forefront in the adoption of green cleaning, but developed countries such as Japan and Singapore and developing countries such as Taiwan, China, and India are expected to increasingly adopt green cleaning standards.

Singapore's SGBC (Singapore Green Building Council) is promoting green cleaning standards in the healthcare facility management market in Singapore and other Asia Pacific countries.

China, the largest healthcare facility management market in Asia Pacific, has already launched a plan for green cleaning standards. The 2013 regulation mandates all public residential and commercial buildings, including hospitals, bigger than 20,000 square meters to achieve at least one star in China's green building evaluation standard.

China has a goal of one billion square meters of certified green buildings by 2020. Healthcare facilities there are increasingly moving to green building standards and prefer facility management service providers equipped with the knowledge of green building technologies and standards.

Green cleaning is expected to offer a major opportunity for expansion of healthcare facility management in Asia Pacific and other regions, the report said.

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