Global Building Technologies and Services Growth Opportunities in the Healthcare Vertical

Description

Providing Advanced Building Solutions and Services to Enhance Hospital Customer Experience is Key to Competitive Differentiation

This analysis aims to identify and present important trends in the healthcare industry as an end-user vertical for participants in the building industry and their impact on different segments of the building industry. The healthcare vertical is largely defined as public and private hospitals, aged care facilities, and small- and medium-sized facilities intended to preserve mental and physical health by preventing or treating illnesses through services offered by health professionals.

Frost & Sullivan identified two-pronged challenges that hospitals face, namely pain points in hospital business operations and hospital facilities. The top challenge under hospital business operations is overcrowding in hospitals, and the top challenge identified under hospital facilities is operating costs. Challenges from both sides can be inter-related and addressed collectively with the adoption of advanced building technologies. The top technologies identified include the Internet of Things and robotics, while key solutions come in the form of facility retrofit and technology adoption. This analysis also presents five top growth opportunities that are beneficial for the advancement of industry participants in both buildings and healthcare.

Product Code: PFE3-19

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Building Technologies and Services Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Key Findings

Top Challenges for the Healthcare Vertical
Top Technologies and Solutions for Challenges in the Healthcare Vertical
Top Growth Opportunities

Growth Opportunity Analysis

Scope of Analysis
Segmentation
Growth Metrics
Growth Drivers
Growth Restraints
Revenue Forecast by Segment
Top 3 Strategic Imperatives-Disruptive Technologies
Top 3 Strategic Imperatives-Transformative Megatrend
Top 3 Strategic Imperatives-Innovative Business Models

Healthcare Vertical-General Indicators

Hospital Revenue
Number of Hospitals and Hospital Beds
Healthcare IoT
Medical Service Robotics

Healthcare Vertical-Overall End User Perspective

Overall Global Hospital Evolution
Two-pronged Challenges
Challenges for Hospitals
Solutions to Challenges in Hospitals
Technology in Hospitals-End-user Perspectives on Their Importance
Technology in Hospitals-End-user Perspectives on Benefits
Technology and Application Focus in Hospitals
Opportunities to Address Unmet Needs
Overall Recommendation

Healthcare Vertical-End-User Perspective by Building Industry Segments

Smart Building Management-Revenue Metrics
Smart Building Management-Perspective on BEMS
Smart Building Management-Perspective on BAS
Smart Building Management-Perspective on Workplace Analytics
Critical Building Equipment-Revenue Metrics
Critical Building Equipment-Perspective on HVAC
Critical Building Equipment-Perspective on LVSG and Fire Safety
Lighting-Revenue Metrics
Lighting-Perspective on All Lighting
Construction Management and FM-Revenue Metrics
Construction Management-Perspective on BIM and Digital Twin
FM-Perspective on All FM

Appendix

Definitions
Case Study-Self-adaptive Hospital Solutions: Siemens
Case Study-Hospital Workflow Solutions: Artisight
Case Study-Smart HVAC System in Hospitals: ABB

Growth Opportunity Universe

Growth Opportunity 1: Technology Advisory for Hospitals
Growth Opportunity 2: Partnership with Healthcare Industry Stakeholders
Growth Opportunity 3: Upgrading Hospital Digital Networks
Growth Opportunity 4: Sustainability Planning for Hospitals
Growth Opportunity 5: Secured Hospital Automation and Controls
List of Exhibits
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