The healthcare buildings market is in flux. In the context of the crisis that the construction industry is going through, several players in the housing and tertiary sectors are turning their attention to health, the costs of which are tending to stabilize.
The National Agency for Health and Medico-Social Performance (Anap), through an economic report published on May 30, 2024, takes stock of the latest market developments and recommendations for integrating these new players.
Towards stabilizing the costs of healthcare buildings
“The evolution of construction prices continues to stabilize in the first quarter of 2024” notes Anap in its note. Indeed, the BT01 index which makes it possible to monitor the evolution of these costs evolved on average by 3.43% between April 2023 and February 2024. This demonstrates a certain stabilization of the healthcare buildings market.
In addition, the note reports a slowdown in the surge in material prices in 2023, “which was confirmed in the first quarter of 2024“. Anap, however, recommends continuing to monitor this development closely,”to the extent that armed conflicts continue and the political situation has not stabilized“.
Construction players are turning to the healthcare real estate market
According to the economic report, investments in the health market are maintained in the first quarter of 2024, despite an overall context of reduction in projects underway. Indeed, players in other construction sectors, particularly housing, are increasingly turning to the market for health and medico-social establishments.
This arrival of new entrants to the sector should stimulate competition between companies, thus generating a slight drop in prices for low-tech operations.
For segmentation of large operations
Unlike operations with a low level of technicality, the cost of those requiring high technical expertise should increase, as a result of reduced competition between companies. In order to limit this effect, Anap recommends implementing “reinforced operational management” as well as a “adapted structuring of the real estate project“. It therefore recommends breaking down large-scale projects into sub-assemblies of homogeneous technicality, which “allows us to call on more companies and therefore recreate competition“.
New players arriving on the market, Anap calls on project owners to “pay increased vigilance on the qualification and references of companies bidding for their calls for tenders“, in order to ensure that they have the necessary expertise.
