Product Code: GVR-4-68040-292-1
Medical Office Buildings Market Growth & Trends:
The global medical office buildings market size is anticipated to reach USD 62.18 billion by 2030, registering a CAGR of 6.64% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growth can be attributed to the increasing demand for healthcare services globally. With growing populations and aging demographics, the need for accessible and modern healthcare facilities is increasing. Growing demand and access to outpatient services globally due to its cost-effective and patient-centered approach to healthcare delivery is expected to drive market growth. This shift is driven by advancements in medical technology, which allow for more procedures to be performed on an outpatient basis, and efforts to reduce healthcare expenditures by avoiding costly inpatient stays.
Therefore, the demand for outpatient clinics and medical office spaces is growing, which can accommodate a wide range of medical specialties and services, from primary care and diagnostics to specialty consultations and minor procedures. This shift toward outpatient care is expected to boost the demand for on-campus and off-campus MOBs. According to Jones Lang LaSalle IP, Inc. (JLL) report published in April 2024, since 2020, the occupancy rate of traditional offices has declined in the U.S. However, the occupancy rate of MOBs increased from 2019 to 2023, with a 1% increase in on-campus and 1.9% in off-campus.
Medical Office Buildings Market Report Highlights:
- The physician offices segment dominated the market with the largest revenue share in 2023. The increasing trend of physician group practices consolidating and expanding their services under one roof is contributing to the demand for specialized physician office spaces within medical office buildings
- North America held the largest share of the global market's revenue in 2023 owing to the strong emphasis on patient-centered care and integrated healthcare models
- In December 2023, USA Health opened a new Medical Office Building in West Mobile Campus, U.S. The building includes specialty care and a mobile diagnostic center
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.3. Estimates and Forecast Timeline
- 1.4. Research Methodology
- 1.5. Information Procurement
- 1.5.1. Purchased Database
- 1.5.2. GVR's Internal Database
- 1.5.3. Secondary Sources
- 1.5.4. Primary Research
- 1.6. Information Analysis
- 1.6.1. Data Analysis Models
- 1.7. Market Formulation & Data Visualization
- 1.8. Model Details
- 1.8.1. Volume Price Analysis
- 1.9. List of Secondary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Medical Office Buildings Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Total Addressable Market (TAM) Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.1.1. Shift towards Outpatient Care
- 3.3.1.2. Growing Government Support and Public-Private Partnerships
- 3.3.1.3. Urbanization and Infrastructure Development
- 3.3.2. Market Restraint Analysis
- 3.3.2.1. Regulatory Compliance
- 3.3.2.2. Healthcare Cost Pressures
- 3.4. Business Environment Analysis
- 3.4.1. Industry Analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.5. COVID-19 Impact Analysis
Chapter 4. Medical Office Buildings Market Segment Analysis, By Type, 2018 - 2030 (USD Billion)
- 4.1. Definition and Scope
- 4.2. Medical Office Buildings Segment Dashboard
- 4.3. Global Medical Office Buildings Market Movement Analysis
- 4.4. Global Medical Office Buildings Market Size & Trend Analysis, by Type, 2018 to 2030 (USD Billion)
- 4.5. Physician Offices
- 4.5.1. Market estimates and forecasts, 2018 to 2030 (USD Billion)
- 4.6. Ambulatory Surgery Centers
- 4.6.1. Market estimates and forecasts, 2018 to 2030 (USD Billion)
- 4.7. Wellness Centers
- 4.7.1. Market estimates and forecasts, 2018 to 2030 (USD Billion)
- 4.8. Others
- 4.8.1. Market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Regional Estimates & Trend Analysis by Type
- 5.1. Regional Market Dashboard
- 5.2. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
- 5.3. North America
- 5.3.1. U.S.
- 5.3.1.1. Key country dynamics
- 5.3.1.2. Regulatory framework
- 5.3.1.3. Competitive scenario
- 5.3.1.4. U.S. market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.3.2. Canada
- 5.3.2.1. Key country dynamics
- 5.3.2.2. Regulatory framework
- 5.3.2.3. Competitive scenario
- 5.3.2.4. Canada market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.3.3. Mexico
- 5.3.3.1. Key country dynamics
- 5.3.3.2. Regulatory framework
- 5.3.3.3. Competitive scenario
- 5.3.3.4. Mexico market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4. Europe
- 5.4.1. UK
- 5.4.1.1. Key country dynamics
- 5.4.1.2. Regulatory framework
- 5.4.1.3. Competitive scenario
- 5.4.1.4. UK market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.2. Germany
- 5.4.2.1. Key country dynamics
- 5.4.2.2. Regulatory framework
- 5.4.2.3. Competitive scenario
- 5.4.2.4. Germany market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.3. France
- 5.4.3.1. Key country dynamics
- 5.4.3.2. Regulatory framework
- 5.4.3.3. Competitive scenario
- 5.4.3.4. France market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.4. Italy
- 5.4.4.1. Key country dynamics
- 5.4.4.2. Regulatory framework
- 5.4.4.3. Competitive scenario
- 5.4.4.4. Italy market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.5. Spain
- 5.4.5.1. Key country dynamics
- 5.4.5.2. Regulatory framework
- 5.4.5.3. Competitive scenario
- 5.4.5.4. Spain market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.6. Denmark
- 5.4.6.1. Key country dynamics
- 5.4.6.2. Regulatory framework
- 5.4.6.3. Competitive scenario
- 5.4.6.4. Denmark market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.7. Sweden
- 5.4.7.1. Key country dynamics
- 5.4.7.2. Regulatory framework
- 5.4.7.3. Competitive scenario
- 5.4.7.4. Sweden market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.4.8. Norway
- 5.4.8.1. Key country dynamics
- 5.4.8.2. Regulatory framework
- 5.4.8.3. Competitive scenario
- 5.4.8.4. Norway market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.5. Asia Pacific
- 5.5.1. Japan
- 5.5.1.1. Key country dynamics
- 5.5.1.2. Regulatory framework
- 5.5.1.3. Competitive scenario
- 5.5.1.4. Japan market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.5.2. China
- 5.5.2.1. Key country dynamics
- 5.5.2.2. Regulatory framework
- 5.5.2.3. Competitive scenario
- 5.5.2.4. China market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.5.3. India
- 5.5.3.1. Key country dynamics
- 5.5.3.2. Regulatory framework
- 5.5.3.3. Competitive scenario
- 5.5.3.4. India market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.5.4. Australia
- 5.5.4.1. Key country dynamics
- 5.5.4.2. Regulatory framework
- 5.5.4.3. Competitive scenario
- 5.5.4.4. Australia market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.5.5. South Korea
- 5.5.5.1. Key country dynamics
- 5.5.5.2. Regulatory framework
- 5.5.5.3. Competitive scenario
- 5.5.5.4. South Korea market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.5.6. Thailand
- 5.5.6.1. Key country dynamics
- 5.5.6.2. Regulatory framework
- 5.5.6.3. Competitive scenario
- 5.5.6.4. Thailand market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.6. Latin America
- 5.6.1. Brazil
- 5.6.1.1. Key country dynamics
- 5.6.1.2. Regulatory framework
- 5.6.1.3. Competitive scenario
- 5.6.1.4. Brazil market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.6.2. Argentina
- 5.6.2.1. Key country dynamics
- 5.6.2.2. Regulatory framework
- 5.6.2.3. Competitive scenario
- 5.6.2.4. Argentina market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.7. MEA
- 5.7.1. South Africa
- 5.7.1.1. Key country dynamics
- 5.7.1.2. Regulatory framework
- 5.7.1.3. Competitive scenario
- 5.7.1.4. South Africa market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.7.2. Saudi Arabia
- 5.7.2.1. Key country dynamics
- 5.7.2.2. Regulatory framework
- 5.7.2.3. Competitive scenario
- 5.7.2.4. Saudi Arabia market estimates and forecasts 2018 to 2030, (USD Billion)
- 5.7.3. UAE
- 5.7.3.1. Key country dynamics
- 5.7.3.2. Regulatory framework
- 5.7.3.3. Competitive scenario
- 5.7.3.4. UAE market estimates and forecasts, 2018 to 2030 (USD Billion)
- 5.7.4. Kuwait
- 5.7.4.1. Key country dynamics
- 5.7.4.2. Regulatory framework
- 5.7.4.3. Competitive scenario
- 5.7.4.4. Kuwait market estimates and forecasts, 2018 to 2030 (USD Billion)
Chapter 6. Competitive Landscape
- 6.1. Participant Overview
- 6.2. Company Market Position Analysis
- 6.3. Company/Competition Categorization
- 6.4. Strategy Mapping
- 6.5. Company Profiles/Listing
- 6.5.1. PCL Construction Enterprises
- 6.5.1.1. Company overview
- 6.5.1.2. Financial performance
- 6.5.1.3. Product benchmarking
- 6.5.1.4. Strategic initiatives
- 6.5.2. Swinerton
- 6.5.2.1. Company overview
- 6.5.2.2. Financial performance
- 6.5.2.3. Product benchmarking
- 6.5.2.4. Strategic initiatives
- 6.5.3. Skanska
- 6.5.3.1. Company overview
- 6.5.3.2. Financial performance
- 6.5.3.3. Product benchmarking
- 6.5.3.4. Strategic initiatives
- 6.5.4. Clark Group
- 6.5.4.1. Company overview
- 6.5.4.2. Financial performance
- 6.5.4.3. Product benchmarking
- 6.5.4.4. Strategic initiatives
- 6.5.5. Hensel Phelps
- 6.5.5.1. Company overview
- 6.5.5.2. Financial performance
- 6.5.5.3. Product benchmarking
- 6.5.5.4. Strategic initiatives
- 6.5.6. James G. Davis Construction
- 6.5.6.1. Company overview
- 6.5.6.2. Financial performance
- 6.5.6.3. Product benchmarking
- 6.5.6.4. Strategic initiatives
- 6.5.7. Andersen Construction
- 6.5.7.1. Company overview
- 6.5.7.2. Financial performance
- 6.5.7.3. Product benchmarking
- 6.5.7.4. Strategic initiatives
- 6.5.8. Adolfson & Peterson Construction
- 6.5.8.1. Company overview
- 6.5.8.2. Financial performance
- 6.5.8.3. Product benchmarking
- 6.5.8.4. Strategic initiatives
- 6.5.9. Pepper Construction
- 6.5.9.1. Company overview
- 6.5.9.2. Financial performance
- 6.5.9.3. Product benchmarking
- 6.5.9.4. Strategic initiatives
- 6.5.10. HKS Inc
- 6.5.10.1. Company overview
- 6.5.10.2. Financial performance
- 6.5.10.3. Product benchmarking
- 6.5.10.4. Strategic initiatives
- 6.5.11. DPR Construction
- 6.5.11.1. Company overview
- 6.5.11.2. Financial performance
- 6.5.11.3. Product benchmarking
- 6.5.11.4. Strategic initiatives
- 6.5.12. McCarthy Building Companies, Inc.
- 6.5.12.1. Company overview
- 6.5.12.2. Financial performance
- 6.5.12.3. Product benchmarking
- 6.5.12.4. Strategic initiatives