Green Hospitals Market, By Technology (Energy- Efficient Lighting, Renewable Energy Sources, Waste reduction programs), By Application (Hospitals, Clinics, and Long- Term Care Facilities), By Services (Medical Services, Surgical Services, Emergency Services), By Ownership (Government – Owned Facilities, Private Facilities, Non-Profit Facilities) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Green Hospitals Market was valued at US$ 51.6 billion in 2024 and is projected to grow at a CAGR of 12.9% to reach US$ 156.4 billion by 2034.

Green hospitals, also known as sustainable or eco-friendly hospitals, represent a progressive and conscientious approach to healthcare that aligns with global efforts towards environmental conservation and resource efficiency. These institutions prioritize environmentally responsible practices, integrating sustainable technologies, and adopting eco-friendly policies to minimize their ecological footprint. The concept extends beyond energy-efficient infrastructure to encompass a holistic commitment to the well-being of patients, staff, and the broader community. Green hospitals leverage innovations in technology, architecture, and waste management to create healing environments that prioritize not only medical outcomes but also the health of the planet.

For instance, in October 2022, Prime Minister Narendra Modi inaugurated the All India Institute of Medical Sciences in Himachal Pradesh's Bilaspur which will be known also known as Green Hospital with a promise to increase access to affordable healthcare in Himachal Pradesh in an eco-friendly manner.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Green Hospitals Market Key Drivers:

• Environmental awareness and adoption of renewable energy

Increasing global awareness of environmental issues and climate change has led to a greater emphasis on sustainability in various sectors, including healthcare. Hospitals are recognizing the need to reduce their ecological footprint and adopt environmentally friendly practices.

Healthcare facilities can adopt renewable energy sources such as solar, wind, and geothermal power to reduce their reliance on fossil fuels and reduce their carbon footprint. This presents an opportunity for the development of green hospitals that use renewable energy sources to power their operations.

For instance, on August 2, 2023, the AIIMS Delhi signed an agreement with the Indian Renewable Energy Development Agency Limited (IREDA) to initiate the technical assessment of the hospital campus for converting it into a green hospital which is powered by solar energy.

For instance, on September 12, 2023, according to the report published by National Center for Biotechnology Information (NCBI), the healthcare industry has a substantial impact on the environment through its use of resources, waste generation, and pollution. To manage and reduce its impact, it is essential to measure the pressures of healthcare activities on the environment.

• Implementation of waste reduction programs

Healthcare facilities generate a significant amount of waste, and most of these can be recycled or reused. The implementation of waste reduction programs presents an opportunity for the development of green hospitals that prioritize waste reduction and recycling.

For instance, in 2020, Medline, a healthcare company announced two new healthcare sustainability programs. The programs: a green product portfolio and a sustainable packaging lab will help the hospitals in reducing the amount of product waste that came out from their facilities.

Green Hospitals Market Restrains:

• High Initial Investment

The initial investment required to develop and implement green hospital practices can be high including the cost of upgrading equipment, renovating facilities, and implementing waste reduction programs. This can be a significant barrier in entry of healthcare facilities, especially those with limited budgets.

Financing options for green hospital projects can be limited, especially in developing countries. This can make it difficult for healthcare facilities to secure the funding needed to develop sustainable practices and facilities.

Green Hospitals Market Key Opportunities

Development of green supply chains

• Healthcare facilities can work with suppliers to develop green supply chains, and thus, reducing the environmental impact of the entire healthcare system. This presents an opportunity for the development of green hospitals that prioritize the use of eco-friendly products and materials in their operations.

Adoption of green procurement

• Healthcare facilities are increasingly adopting green procurement policies that prioritize the use of eco-friendly products and materials. This trend is driven by the need to reduce the environmental impact of healthcare operations and to meet sustainability targets.

Green Hospitals Market is segmented based on Technology, Application, Services, Ownership and region.

Technology Insights

• Energy- Efficient Lighting: Energy- Efficient Lighting segment dominates the green hospitals market over the forecast period as they play a pivotal role in the green hospitals market by reducing electricity consumption and lowering carbon emissions. Hospitals are increasingly adopting LED lighting systems, which consume less energy, have longer lifespans, and contribute to overall energy savings.
• Renewable Energy Sources: Renewable energy sources segment contributes significantly in green hospitals market over the forecast period. The integration of renewable energy sources is a cornerstone of green hospitals. Solar panels, wind turbines, and other renewable energy technologies are employed to generate clean and sustainable power.
• Waste reduction programs: Waste reduction programs segment contributes significantly in green hospitals market over the forecast period. Waste reduction programs in green hospitals focus on minimizing the generation of waste, promoting recycling, and ensuring responsible waste disposal.

Application Insights

• Hospitals: Hospitals segment dominates the green hospitals market over the forecast period as number of hospitals pursuing and focusing on sustainability is increasing. This includes adopting green building practices, utilizing energy-efficient technologies, and implementing waste reduction programs.
• Clinics: Clinics segment contribute significantly in green hospitals market over the forecast period. Clinics, ranging from primary care to specialty clinics, are increasingly incorporating green practices into their operations. These initiatives often involve energy-efficient lighting and equipment, waste reduction, and eco-friendly building designs.
• Long- Term Care Facilities: Long-term care facilities, including nursing homes and assisted living centers, are recognizing the importance of sustainability in their operations. Green practices in these facilities may involve energy-efficient systems, waste management strategies, and the use of environmentally friendly materials in construction, this tends to boost green hospital market over the forecast period.

Services Insights

• Medical Services: Medical services segment dominates the green hospitals market over the forecast period. The medical services provided are focused on providing high quality, patient- centered treatment while adhering to environmentally friendly practices.
• Surgical Services: Surgical services segment contribute significantly in green hospitals market over the forecast period. Surgical services within green hospitals emphasize environmentally responsible practices in the operating room. This involves the implementation of energy-efficient lighting and equipment, as well as the proper disposal and recycling of surgical waste.
• Emergency Services: Emergency services, often critical and resource-intensive, can benefit from green practices that enhance efficiency and reduce environmental impact. This may include the adoption of energy-efficient technologies, sustainable emergency response protocols, and eco-friendly ambulance fleets.

Ownership Insights

• Government – Owned Facilities: Government – owned facilities segment contributes significantly in green hospitals market over the forecast period. Government-owned hospitals, often operated by public health authorities, play a critical role in leading sustainable healthcare practices. These facilities are influenced by government policies and regulations, which may mandate or incentivize the adoption of green initiatives.
• Private Facilities: Private hospitals, operated by for-profit entities, are increasingly recognizing the importance of sustainability in healthcare. While profit margins may influence the scale and speed of green initiatives, many private facilities are investing in energy-efficient infrastructure, sustainable technologies, and environmentally friendly practices.
• Non-Profit Facilities: These facilities are typically motivated by a commitment to social and environmental responsibility. Non-profit hospitals may implement energy-saving measures, sustainable building designs, and waste reduction programs as part of their broader mission to provide accessible and responsible healthcare services.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Green Hospitals Market Regional Insights

• North America market is estimated to witness a significantly high revenue share over the forecast period due to high adoption of sustainable healthcare practices in the region. The U.S. is expected to be a key market for green hospitals, as the country has a large healthcare industry and growing focus on sustainable practices.
• Asia Pacific is expected to be the fastest-growing market for green hospitals due to rapid urbanization, increasing healthcare spending, and growing awareness of the environmental impact of healthcare. China, India, and Japan are expected to be key markets for green hospitals in the region.
• Europe is also expected to be a significant market for green hospitals, and the market growth is driven by strong government initiatives and regulations to reduce the environmental impact of healthcare operations. Countries such as Germany, France, and the U.K. are expected to be key markets for green hospitals in the region.
• Latin America: Latin American countries are gradually recognizing the importance of sustainable healthcare. While the adoption of green practices is at an earlier stage compared to other regions, there is a growing awareness of the environmental impact of healthcare facilities.
• Middle East & Africa: The Middle East is witnessing a shift towards sustainable practices in healthcare, driven by a combination of economic diversification and environmental considerations. In countries like the United Arab Emirates, there is a growing interest in green building certifications for hospitals.

Report Scope:

Attribute	Details
Market Size 2024	US$ 51.6 billion
Projected Market Size 2034	US$ 156.4 billion
CAGR Growth Rate	12.9%
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Technology - Energy- Efficient Lighting, Renewable Energy Sources, Waste reduction programs By Application - Hospitals, Clinics, Long- Term Care Facilities By Services - Medical Services, Surgical Services, Emergency Services By Ownership - Government – Owned Facilities, Private Facilities, Non-Profit Facilities
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Green Hospitals Market report based on Technology, Services Application, Ownership and region:

Green Hospitals Market, By Technology:

• Energy- Efficient Lighting
• Renewable Energy Sources
• Waste reduction programs

Green Hospitals Market, By Application:

• Hospitals
• Clinics
• Long- Term Care Facilities

Green Hospitals Market, By Services:

• Medical Services
• Surgical Services
• Emergency Services

Green Hospitals Market, By Ownership:

• Government – Owned Facilities
• Private Facilities
• Non-Profit Facilities

Green Hospitals Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Green Hospitals Market includes, Dignity Healths, Gundersen Health Systems, Johnson & Johnson, Schneider Electric SE, Hitachi, Ltd., Philips Healthcare, Medlline Industries, Inc., Siemens Healthineers AG, Max Healthcare, HINDUJA group

Recent Development:

• In February 2024, The Govt. of HP (Himachal Pradesh) Health Department is charting a sustainable path with the launch of 'Green Hospital', an innovative initiative in collaboration with MAMTA (Mamta Health Institute for Mother and Child) & Nordic Center for Sustainable Healthcare in order to shape the future course of action for a healthier and greener tomorrow.
• In January 2024, Jordan’s Ministry of Health and AstraZeneca joined forces in a groundbreaking agreement aimed at contributing to the sustainability initiative of establishing Green Hospitals in Jordan. The signing ceremony occurred during COP28, the United Nations Climate Change Conference in Dubai. The agreement, focusing on developing a “green hospital accreditation framework,” addresses the health industry’s significant contribution of approximately 5% to global greenhouse gas emissions annually.
• In November 2023, American Hospital Dubai launched vision to lead as the region's premier adopter of green healthcare practices. The American Hospital's sustainable policy is a covenant of governance and impact that systemizes its current sustainability practices, integrating performance, measurability, and accountability to enable it to become the region's leading healthcare model in carbon reduction.

• Dignity Healths*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Gundersen Health Systems
• Johnson & Johnson
• Schneider Electric SE
• Hitachi, Ltd.
• Philips Healthcare
• Medlline Industries, Inc.
• Siemens Healthineers AG
• Max Healthcare
• HINDUJA group

“*” marked represents similar segmentation in other categories in the respective section.