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The medical facility environmental monitoring system market size is forecast to increase by USD 114.3 million, at a CAGR of 6.46% between 2023 and 2028. Market growth hinges on multiple factors, foremost being the superior efficiency offered by automated monitoring systems compared to manual methods. This efficiency translates into increased productivity and cost-effectiveness for healthcare facilities, driving adoption and market expansion. Additionally, the ability of automated systems to lower medical losses enhances profitability by minimizing errors and improving resource allocation. Furthermore, stringent regulations governing environmental monitoring in healthcare facilities necessitate the implementation of advanced monitoring solutions, further bolstering market demand. Collectively, these factors create a conducive environment for the growth of monitoring systems in healthcare, where technological innovation, cost-efficiency, and regulatory compliance intersect to drive market dynamics. It also includes an in-depth analysis of market trends and analysis, market growth analysis and challenges. Furthermore, the report includes historic market data from 2018 - 2022.
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The market is witnessing a surge in demand due to the increasing focus on infection control practice standards and hygiene and control practices within healthcare facilities. With the rise in hospital-acquired infections and nosocomial infections, there is a growing need for advanced systems to ensure preventive healthcare measures. These systems play a crucial role in monitoring hospital beds, ICUs, and isolation facilities, providing real-time data to healthcare personnel for prompt intervention. By leveraging robotic systems and EPA-registered disinfectants, Healthcare environmental services companies can enhance infection control and preventive measures. From professional cleaning and disinfection services to healthcare waste management, these systems contribute to patient safety and reduce morbidity and mortality rates associated with infectious diseases. Additionally, seroprevalence studies and medical waste management are integral components of Healthcare Facility Management, ensuring a safe and hygienic environment for patients and staff alike. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The enhanced profitability by lowering medical losses is notably driving the market growth. Seasonal weather changes require medical facilities to change the settings of HVAC systems on a periodic basis. Poorly maintained HVAC systems may not only affect the condition of patients, but uneven temperature conditions can lead to the deterioration of critical medicines as well as the blood, tissues, and organs stored, thus affecting their quality. Even a minor snag in refrigeration can lead to medicines and essential healthcare products becoming useless or losing their potency, ultimately resulting in huge losses to medical operators.
The use of medical facility environmental monitoring systems protects such medicines from getting spoiled and ensures their safety and potency in actual use. These systems also send alerts if there is any variation from the set temperature limit, thus ensuring the safe monitoring of medicines and vaccines and reducing product losses.
The growing adoption of cloud-based analytics is the primary trend in the market. Cloud computing is a service using remote servers hosted on the Internet to store, manage, and process data - rather than running an application on a local server on-premise. The deployment of cloud-based analytics to analyze the data captured for monitoring medical environments will reduce the need for managing a data warehouse. The interactive dashboard provides information regarding the temperature and humidity trends for the out-of-range units and simultaneously improves temperature control and data management to provide timely alerts regarding system failure or any changes in temperature.
Medical facility environment-monitoring system vendors are trying to enhance the user experience by simplifying data visuals, making the dashboard interactive, and providing information regarding the performance of air handling systems. Thus, the adoption of cloud-based analytics in medical facility environmental monitoring systems is expected to drive the growth of the market during the forecast period.
Improper execution of healthcare information systems is the major challenge impeding market growth. The management in healthcare and medical facilities needs an integrated device to reduce interoperability issues. Healthcare information systems aid in information sharing as well as connecting different departments of a facility. A medical facility environmental monitoring system offers superior technology in capturing data and providing insights into variables such as temperature, humidity, and patients' health.
However, the available data cannot be extrapolated to its full potential if a proper healthcare information system is not present. The absence of proper healthcare information systems in some hospital premises makes information exchange throughout the facility very difficult. Thus, improper execution of healthcare information systems affects the overall performance of the medical facility environmental monitoring system. Hence, such factors impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and forecasting strategies.
Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market share growth of the monitoring equipment segment will be significant during the forecast period. To streamline the management of environmental measurement data at multiple places in a factory, environmental monitoring equipment is used. It ensures the accuracy, comprehensiveness, completeness, and secure storage of environmental data while monitoring and managing environmental factors such as temperature, humidity, differential room pressure, and particle count in manufacturing, testing, and storage areas.
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The monitoring equipment segment was valued at USD 112.70 million in 2018. New product launches by various vendors are also anticipated to drive market growth during the forecast period. For instance, in 2020, Yokogawa Electric Corporation launched OpreX Environmental Monitoring System for the pharmaceutical and medical device industries. The new product is a data gathering and recording system that monitors and manages environmental data in regions where pharmaceutical and medical device manufacture, testing, and storage occur. Such product launches are anticipated to drive the monitoring equipment segment during the forecast period. Hence, the global market in focus is expected to witness growth during the forecast period.
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North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growing demand for biological and biosimilar products and stringent regulations on life science shipments are the major factors spurring the demand for precise environmental monitoring devices in pharmaceutical cold chain facilities. Conventional logistics and cold chain temperature management systems use conventional control room temperature techniques similar to those used by pharmaceutical manufacturers. However, the tightening of policies and regulations has forced manufacturers to adopt temperature-monitoring devices. The increasingly stringent regulations and policies on the maintenance of the correct temperature limit in medical and healthcare premises will be the major factor driving the demand for the market in North America during the forecast period.
The market growth and trends report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
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The market is experiencing rapid growth as healthcare facilities prioritize infection prevention and control strategies to combat hospital-acquired infections such as central line-associated bloodstream infections, surgical-site infections, and ventilator-associated pneumonia. With a focus on preventable deaths and stringent infection control practices, there's a rising demand for contract-based healthcare environmental services and structured training programs for EVS workers and EVS technicians. These systems leverage enhanced cleaning technology, including cleaning robots and UV disinfection systems to ensure front-of-house cleaning and robust healthcare services. Additionally, with an emphasis on environmental sustainability and sustainable practices, healthcare-associated infections are adopting green cleaning products and automation technologies like IoT sensors and cloud-based data management for energy usage monitoring and paper-based documentation reduction. Through smart building technology and remote patient monitoring systems, these systems contribute to providing high-quality care while optimizing day-to-day operations and patient scheduling and scheduling appointments
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Market Scope |
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Report Coverage |
Details |
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Page number |
164 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.46% |
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Market Growth 2024-2028 |
USD 114.3 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.66 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 40% |
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Key countries |
US, UK, Germany, China, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Azenta Inc., CiK Solutions GmbH, CirrusCon, Compliant Healthcare Technologies LLC, Danaher Corp., Dickson Inc., Elitech Technology lnc., ELPRO BUCHS AG, Gemini Data Loggers UK Ltd., Halma Plc, Hanwell Solutions Ltd., Mesa Laboratories Inc., Tecnosoft Srl, tempmate GmbH, Testo SE and Co. KGaA, TSI Inc., Vaisala Oyj, Vizzia Technologies, and Xylem Inc. |
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Market dynamics |
Parent market analysis, Market forecast, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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