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For engineering firms, the health care (HC) and science+technology markets are substantial with $56 billion in HC design and construction estimated for 2023, according to FMI. There are 417 health care systems and 6,093 hospitals in the U.S. (Source: American Hospital Association.) Trends impacting the market include accelerated inventory growth in the life sciences sector, record-setting NIH funding, decarbonizing health systems, the prominence of telehealth, and a decline in VC investment. These trends create new design opportunities and challenges for engineering firms including specialized needs related to mechanical/electrical, HVAC, and commissioning services.

In this private industry brief:

  • Market Scope
  • Top Clients
  • Current Market Trends
  • Government Affairs Action
  • Business Development Insights
Resource Type


Topic Area

Healthcare Sci Tech, Market Intelligence


May 10, 2023

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