Green Hospitals Market

A green hospital can be defined as a hospital that enhances patient well-being, aids the curative process, and thus, utilizes the natural resources in an efficient, environment-friendly manner. The concept of a green hospital works on the principle of the three R's - Reduce, Reuse and Recycle. Green building is also known as a sustainable building According to the Indian Green Building Council, a green hospital building can be defined as one which enhances patient wellbeing, aids the curative process, while utilizing natural resources in an efficient, environment friendly manner. The hospital aims to be environment friendly, use renewable resources, reduces waste by implementing green practices, and enhance the patient’s well-being. The “Green Hospital” concept is based on providing healthcare without causing any harm to the environment and the healthcare worker. The importance of the green hospital lies in the fact that caring for the environment is no less than caring for the safety and well-being of patients. Thus, the idea of health safety expanded beyond the hospital in order to protect healthy people in their homes, workplace and parks, before they turned into patients, and then they will have to treat them with drugs and surgeries at an inestimable financial and moral cost.

Market Dynamics:

Growing demand for renewable source of energy, increasing number of hospitals moving towards sustainability, high cost of energy along with cost of water supplies and waste disposal, and rising number of green hospitals across the globe are expected to drive the  growth of the global green hospitals market during the forecast period.

For instance, in October 2022, Prime Minister of India, Mr. Narendra Modi, inaugurated the All India Institute of Medical Sciences in Bilaspur district of Himachal Pradesh, India, with a promise to increase access to affordable healthcare in Himachal Pradesh in an eco-friendly manner. The hospital will run in an environment-friendly manner, and will also be known as ‘Green Hospital’.

Key features of the study:

• This report provides in-depth analysis of the global green hospitals market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global green hospitals market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Boulder Community Health, Northwell Health, Bronson Methodist Hospital, Laguna Honda Replacement Hospital and Rehabilitation Center, Lauder Center for Maternity Care, Legacy Health, Providence, Winship Cancer Institute of Emory University, Dell Children’s Medical Center,  Aga Khan Foundation,  Aarhus University Hospital,  AIIMS, Jehangir Hospital, Saifee Hospital Trust, ESIC, Max Healthcare, Kohinoor Group, Govt. Mohan Kumaramangalam Medical College & Hospital, Aster Hospitals, Inc., HINDUJA GROUP,  MedHealth Medical Centre,  and Cintocare
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global green hospitals market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global green hospitals market

Global Green Hospitals Market Detailed Segmentation:

• By Service Type:
  • Accident & Emergency Services
  • Emergency Room Services
  • X-ray/Radiology Services
  • General and Specialty Surgical Services
  • Investigation and Diagnostic Services
  • Paediatric Care Services
  • Physiotherapy
  • Laboratory Services
  • Orthopaedics & Joint Replacement Services
  • Others (Nutrition and Dietetics Service, etc.)
• By Ownership:
  • Government-owned Facilities
  • Private Facilities
  • Non-profit Facilities
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles:
  • Boulder Community Health
  • Northwell Health
  • Bronson Methodist Hospital
  • Laguna Honda Replacement Hospital and Rehabilitation Center
  • Lauder Center for Maternity Care
  • Legacy Health
  • Providence
  • Winship Cancer Institute of Emory University
  • Dell Children’s Medical Center
  • Aga Khan Foundation
  • Aarhus University Hospital
  • AIIMS
  • Jehangir Hospital
  • Saifee Hospital Trust
  • ESIC
  • Max Healthcare
  • Kohinoor Group
  • Mohan Kumaramangalam Medical College & Hospital
  • Aster Hospitals, Inc.
  • HINDUJA GROUP
  • MedHealth Medical Centre
  • Cintocare