Healthcare Workforce Management System Market Size Registering a CAGR of 14.1% is anticipated to reach the market value of US$ 3429 in the year 2027 from US$ 1404.5 million in the year 2022.
Healthcare workforce management systems encompass all the solutions needed to manage and maintain the productive workforce in the healthcare sector.Workforce Management is a management system in charge of staffing and scheduling to assurance that the company functions smoothly. Healthcare workforce management systems essentially maintain and sustain these workforces in the healthcare industry. These systems might be software, hardware, or services such as execution, support and maintenance, optimization, and training/education. A solid human resource management system is critical to supporting the delivery of health services and providing the vital human resources essential to do so in the healthcare business. These systems are concerned with personnel systems, such as staffing rules, recruiting, working environment and circumstances, and performance management. Healthcare workforce management systems support in addressing challenges, including shortages and budget shortfalls; cost-effective workforce management solutions are more vital than ever. Because of the system's archived prior information, the system can also support authorities in planning for the future.Rising demand to reduce healthcare expenses through efficient workforce management is expected to trigger expansion of the global healthcare workforce management systems market in the coming years. Incorporation of healthcare services into healthcare workforce management systems is expected to have a beneficial impact on the market's expansion in the years to come.
Top Key Players in the Healthcare Workforce Management System Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Healthcare Workforce Management System Market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Kronos, Infor, Oracle, GE Healthcare (Api Healthcare), McKesson, Allocate Software, SAP, Cornerstone Ondemand, Workday, Timeware and others.
Industry News
Healthcare Workforce Management System Market is segmented based on the type, applications, companies and regions.
Healthcare Workforce Management System Market has been segmented into By Type
Healthcare Workforce Management System Market has been segmented into By Applications
Healthcare Workforce Management System Market has been segmented into By Mode of Delivery
Healthcare Workforce Management System Market has been segmented into By End User
Healthcare Workforce Management System Market Regional Analysis:
The report offers in-depth assessment of the growth and other aspects of the Healthcare Workforce Management System Market in important regions, including the
North America
The North American region holds a leading position in the worldwide market. Due to the high rate of technological adoption in the region, the market is likely to grow. The Healthcare Workforce Management Systems market in the U.S. is estimated at US$427 Million in the year 2021. China, the world's second largest economy, is forecast to reach a projected market size of US$599.6 Million by the year 2026 trailing a CAGR of 12.7% over the analysis period 2021 to 2026. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.7% and 11.2% respectively over the 2021-2026 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
The revenue proportion of software in 2021 is about 54.6%. Healthcare Workforce Management System can be used for Payroll, Staffing and Scheduling, Time and Attendance, Patient Classification and Analytics. The most proportion of Healthcare Workforce Management System is used for Time and Attendance, and the sales proportion is about 33.5% in 2021.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 14.1% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Kronos, Infor, Oracle, GE Healthcare (Api Healthcare), McKesson, Allocate Software, SAP, Cornerstone Ondemand, Workday, Timeware and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 94 |
Customization Available | Yes, the report can be customized as per your needs |
FAQ -
What is the study period of this market?
The Healthcare Workforce Management System Market is studied from 2017 - 2027.
What is the growth rate of Healthcare Workforce Management System Market?
The Healthcare Workforce Management System Market is growing at a CAGR of 14.1% over the next 5 years.
What regions does this Healthcare Workforce Management System Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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