Interior Design Spotlights 2024 Healthcare Giants

Healthcare maintained its edge over hospitality as second-largest sector, a mantle it first achieved in 2020. The category continued to experience solid growth in 2023, defying a predicted levelling-off. In fact, design fees increased 26 percent last year, and the dollar amount—$880,469,047—reflects a very healthy 45 percent jump since 2019. The total number of projects ballooned as well: a 19 percent uptick, marking a 105 percent increase over 2019 numbers.

Holding steady as the top three subsectors are acute-care facilities, outpatient care, and clinics—a trio projected to carry the healthcare category yet again in 2024. The vast majority of those projects are located in the U.S., the hottest growth area being (no surprise) the south. The 10 percent sliver of overseas work is concentrated in the same three regions that dominate other verticals: Asia, Canada, and Europe. About a third of Giants predict growth in international healthcare markets this year.

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