Healthcare energy management could be big business for utilities

The healthcare sector has an increasingly concentrated focus on the ways in which their facilities get and manage energy


Navigant Research is predicting that the global market for energy management systems (EMS) in healthcare facilities will generate revenue of $2.2 billion in 2024 — up from $948.8 million in 2015, according to an article on the Fierce Energy website.

By and large, the global healthcare EMS market is supported by country-specific and regional legislation and initiatives, according to Navigant. 

Healthcare facilities are struggling with skyrocketing healthcare costs, an increasingly competitive industry, and resilience concerns driven by increasingly intense weather events — while governments are introducing policies that promote energy-efficiency through prescriptive measures, building codes, incentives, and the like, the article said. 

The healthcare sector has an increasingly concentrated focus on the ways in which their facilities get and manage energy. Trends in demand for data-driven decision support tools are driving the adoption of EMS, according to Navigant.

Read the article.

 



April 23, 2015


Topic Area: Energy and Power


Recent Posts

Texas Law Limits Backup Power Mandates for Senior Care Facilities

As Texas relaxes generator mandates, healthcare facility managers now face tough decisions about emergency power investments and resident safety.


Cyber Crossfire: Why Healthcare Is Becoming a Battleground in Global Conflicts

As geopolitical tensions escalate, hospitals and critical suppliers are increasingly targeted in cyberattacks.


UPMC Presbyterian Receives $65 Million Gift for New Bed Tower

The tower is projected to open for patient care in early 2027.


Premier Health Partners Falls Victim to Cyber Incident

The incident occurred in July 2023.


Backup Power's Expanding Role in Emergency Preparedness for Healthcare

Manufacturers discuss design strategies, code shifts and lessons learned from real-world disasters.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.