2018 U.S. Medical Office Buildings

Strong Demand, Aging Population Fueling Growth

Growing demand for health care services fueled the medical office market in 2018. However, a surge in M&A activity due to a structural shift toward more cost-effective, consumer-friendly care tempered supply and demand growth.

There have been two primary drivers of medical office demand and health care employment growth: an aging population and an increase in the insured population. In this report, CBRE Research analyzes how these trends are impacting the medical office market, both nationally and in major metropolitan areas across the U.S.