BOULDER, Colo. — Rising health care costs, competitive industry pressures, and concerns over stable power supplies in the face of recent severe natural disasters have generated a new and concentrated focus on the ways in which health care facilities procure, use, and manage energy, notes Navigant Research. These forces are driving governments and organizations to adopt new technologies to monitor and control energy use in in health care facilities. According to a new report from the research firm, global health care facility energy management system (EMS) revenue is expected to grow from $948.8 million annually in 2015 to $2.2 billion in 2024.

“While energy management technologies have been employed in commercial buildings for the past two decades, they remain far from ubiquitous in the health care sector,” said Casey Talon, senior research analyst with Navigant Research. “The average hospital uses 2.5 times the amount of energy compared to other commercial buildings, and EMSs provide an important mechanism for reducing energy costs while ensuring the reliability of power supplies.”