The U.S. health care environmental services (EVS) market is projected to reach US$8.7 billion by 2026 from $6.6 billion in 2021, expanding at a compound annual growth rate (CAGR) of 5.8 per cent during the forecast period, according to a new report by MarketsandMarkets.
The “US Healthcare Environmental Services Market By Type” report shows the janitorial/core-cleaning services segment of the market is expected to grow at the highest CAGR primarily due to the need for regular cleaning and keeping health facility premises clean to prevent the spread of infection among patients and staff.
COVID’s impact
According to the report’s analysis, the key factors playing a foundational role in shaping the growth of the market include:
- Factors such as the increasing demand for hospital beds and ICUs in the US, proliferation of isolation facilities, increasing awareness among consumers about maintaining cleanliness and hygiene within the healthcare facilities, and the fact that preventative healthcare has greatly boosted the demand for environmental services.
- In-hospital systems are becoming overwhelmed with the rapidly increasing number of COVID-19 patients, which is weighing heavily on the cleaning industry in the US.
- EVS companies have taken strategic developments to introduce COVID-19 specific services, sustain their revenues, and nullify the impact of COVID-19 on their operational capabilities
- Moreover, the overwhelming adoption of strict measures to reduce the infection spread and the government mandates for reducing hospital-acquired infections are likely to drive the growth of the healthcare environmental services market during the forecast period.
Based on services type, the market is segmented into janitorial/core-cleaning services, infection control and prevention services, enhanced cleaning technology, front-of-house cleaning and brand experience, and other services.
The acute-care facilities segment accounted for the largest share of the market and is expected to grow at the highest CAGR during the forecast period. The market is segmented into acute-care, post-acute care, and non-acute care facilities.
The growing adoption of various outsourced cleaning services has helped acute-care facilities reduce in-house administrative costs such as the buying and maintenance costs of various cleaning technologies and supplies. These are the major factors driving the growth of this segment, says the report.
