Healthcare Buildings Market Report 2026

The healthcare buildings market size has grown steadily in recent years. It will grow from $299.48 billion in 2025 to $307.69 billion in 2026 at a compound annual growth rate (CAGR) of 2.7%. The growth in the historic period can be attributed to growth in hospital infrastructure development, rising demand for acute care facilities, expansion of public healthcare investments, reliance on conventional construction methods, increasing need for specialized medical spaces.

The healthcare buildings market size is expected to see steady growth in the next few years. It will grow to $353.62 billion in 2030 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to growing demand for technologically advanced healthcare facilities, expansion of refurbishment and modernization programs, rising investment in outpatient and specialty care centers, increasing emphasis on sustainable healthcare design, development of modular and prefabricated medical buildings. Major trends in the forecast period include growth in hospital infrastructure expansion, increasing demand for specialized care facilities, rising focus on infection-control architectural design, expansion of refurbishment and modernization projects, higher emphasis on patient-centric building layouts.

The rising healthcare expenditure is expected to drive the growth of the healthcare buildings market in the future. Healthcare expenditure refers to the total amount spent on healthcare goods and services, including medical equipment, hospital services, physician services, prescription drugs, and public health activities. Increased investment in healthcare infrastructure and services benefits healthcare buildings in various ways. For example, in 2023, the American Medical Association, a US-based professional organization for physicians and medical students, reported that healthcare spending grew by 7.5%, representing a significant increase compared with the 4.6% growth recorded in 2022. Therefore, the growing healthcare expenditure is propelling the growth of the healthcare buildings market.

A noteworthy trend in the hospital buildings market is the emphasis on product innovation as major companies strive to bolster their positions through the development of cutting-edge products. Notably, RSC Architects, a USA-based architectural firm, introduced the Helena Theurer Pavilion at Hackensack University Medical Center in February 2023. This innovative nine-story surgical and intensive care tower incorporates the latest 'smart hospital' technology, providing an enhanced patient experience with private rooms and advanced facilities.

In May 2024, Healthcare Realty Trust Incorporated, a US-based real estate investment trust (REIT) specializing in the ownership, management, and development of medical outpatient buildings, formed a partnership with KKR & Co. Inc. to jointly invest in medical outpatient properties across the United States. The collaboration is intended to expand Healthcare Realty Trust’s investment capacity, enhance portfolio diversification, and improve access to long-term capital for healthcare real estate projects. KKR & Co. Inc. is a US-based investment firm offering alternative asset management, private equity, and real estate investment services.

Major companies operating in the healthcare buildings market are Hochtief AG, Skanska AB, Balfour Beatty plc, DPR Construction, Royal BAM Group, AECOM Technology, Kier Group plc, McCarthy Holdings Inc, Vaughn Construction, JE Dunn Construction, Hiranandani Constructions, Taisei Corporation, Sungdo Engineering & Construction Co. Ltd., Hansen Yuncken, PORR, Bouygues Construction, Eiffage, Turner Construction, Brasfield & Gorrie, The Boldt Company, Bechtel, Techint Engineering & Construction, Acciona, Arabtec Construction LLC, Saudi Binladin Group (SBG), Olayan Group, Aveng Group, Orascom Construction, Hassan Allam Holding, Arbico Plc.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on steel, cement, medical-grade infrastructure components, and prefabricated building materials have increased construction costs and slowed development cycles within the healthcare buildings market. Hospitals, ambulatory surgery centers, and long-term care facilities in import-dependent regions such as North America and Europe face higher procurement expenses and prolonged project timelines. Public and private healthcare projects experience intensified budget constraints. Nevertheless, tariffs are driving localized sourcing strategies, encouraging domestic production of structural components, and stimulating innovation in cost-efficient healthcare construction solutions.

The healthcare buildings market research report is one of a series of new reports that provides healthcare buildings market statistics, including healthcare buildings industry global market size, regional shares, competitors with healthcare buildings market share, detailed healthcare buildings market segments, market trends, and opportunities, and any further data you may need to thrive in the healthcare buildings industry. This healthcare buildings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Healthcare buildings are structures designed for medical procedures and related activities. They encompass buildings that house hospitals, along with associated operations such as laboratories, laundries, outpatient departments, nurse homes, training facilities, and central service operations linked to a hospital. Additionally, healthcare buildings include structures that house educational or training programs for medical professionals, serving as an integral component of a hospital.

The primary facility types within healthcare buildings consist of hospitals, Ambulatory Surgical Centers (ASCs), long-term care facilities and nursing homes, academic institutes, and others. Hospitals, specifically, provide specialized medical and nursing care, along with medicinal supplies, through various areas such as halls, waiting rooms, labs, surgical rooms, and other spaces dedicated to treating people's health. Service types for healthcare buildings encompass both new construction and refurbishment, catering to both public healthcare and private healthcare facilities.North America was the largest region in the healthcare buildings market in 2025. The regions covered in the healthcare buildings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the healthcare buildings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The healthcare buildings market includes revenues earned by entities by constructing hospitals, birth centers, ambulatory surgical centers, mental health, and addiction treatment centers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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