The green hospitals market involves products and services that help reduce environmental impact and promote sustainable practices in hospitals. These include energy-efficient lighting, HVAC systems, non-hazardous waste disposal, green building materials, water conservation solutions, and renewable energy integration. Adopting green practices in hospitals can significantly lower energy costs and reduce carbon footprint. It also helps create a more positive patient experience through improved indoor air quality, natural lighting, and reduced noise pollution.

The Global green hospitals market is estimated to be valued at US$ 54.02 Mn in 2024 and is expected to exhibit a CAGR of 7.0% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the green hospitals market are Baker Tilly, BDO, CROWE, Deloitte, Ernst & Young Global Limited, Grant Thornton, KPMG, Mazars, PWC, and TMF Group. These companies provide consultancy, auditing and certification services related to green building, energy and waste management in healthcare facilities.

The market provides opportunities for players in green construction, renewable energy integration, energy performance contracting, non-hazardous waste disposal and other sustainable solutions. Growing awareness about benefits of green hospitals is encouraging broader adoption across developed and emerging countries.

Technological advances like smart energy metering, IoT-enabled lighting and HVAC controls, waste management automation are helping drive higher efficiencies in resource utilization and operation & maintenance of Green Hospitals Market Growth. This is supporting higher return on investment for healthcare providers investing in sustainable upgrades and new green buildings.

Market drivers

Stringent regulations around carbon reporting, energy usage and waste disposal in healthcare sector are major drivers for adoption of green technologies and practices in hospitals. Financial incentives in the form of tax benefits and subsidies are also encouraging migration to renewable energy sources. Growing health risks of pollution and environmental degradation is pushing hospitals to strengthen sustainability commitments to set an example for the community. Rising patient and public focus on wellness and preventive healthcare is creating demand for cleaner, non-toxic indoor spaces offered through green hospitals.

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