Healthcare Workforce Management Systems Market: Global Industry Analysis and Forecast (2021-2027)

Healthcare Workforce Management Systems Market size was valued at US$ 1.40 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 13.2% through 2021 to 2027, reaching nearly US$ 3.33 Bn.

Healthcare Workforce Management Systems Market Overview:

All of the solutions required to manage and sustain a productive workforce in the healthcare business are included in healthcare workforce management systems. Some key factors expected to drive market revenue growth over the forecast period include the introduction of innovative and advanced solutions to improve the efficiency of the healthcare workforce, the growing need to minimise expenses in clinical settings, and a growing focus on improving the efficiency of workflow in hospitals. Healthcare Workforce Management Systems Market To know about the Research Methodology:- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Healthcare Workforce Management Systems Market Dynamics:

The use of a workforce management system can help healthcare businesses save money and increase productivity. Workforce management software gives critical insights into an organization's operations and finances, reduces payroll calculation errors, keeps track of employee leaves and overtime, and arranges nurse and other workforce times and shifts. These characteristics of workforce management systems have reduced the burden of management on a hospital and the risk of mismanagement and human errors. Larger organisations can use a workforce management system to better manage their employees and respond to emergencies more rapidly, and these factors are expected to boost market growth during the forecast period. Low adoption of workforce management systems across various healthcare settings, a lack of technical understanding, human resource management issues, and increased management are some of the factors that are expected to restrains the healthcare workforce management systems market growth during the forecast period 2021-2027. Healthcare Workforce Management Systems Market 1

Healthcare Workforce Management Systems Market Segment Analysis:

Based on the Product, the market is segmented Software, and Services. Software segment is expected to hold the largest market share of xx% by 2027. This is due to increased demand and the adoption of time and attendance and scheduling solutions to optimise workflow management in hospital settings, the number of time and attendance and scheduling solutions has increased. Time and attendance management automates hospital workforce management and provides a real-time record of on-site healthcare staff so that emergency situations can be handled immediately. Employee efficiency is improved, absenteeism is reduced, and productivity is increased using these solutions. Based on the Mode of Delivery, the market is segmented into Web-based, Cloud-based, and On-premise. Cloud-based segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. This is due to the multiple advantages of cloud-based deployment, including increased flexibility and convenience of operations, low installation and maintenance costs, and rapid adoption of sophisticated technology. Other factors expected to contribute to the segment's revenue growth include the increasing adoption of innovative cloud-based solutions and the growing demand to streamline workflow. Healthcare Workforce Management Systems Market 2

Healthcare Workforce Management Systems Market Regional Insights:

North America region is expected to dominate the Global Healthcare Workforce Management Systems market during the forecast period 2021-2027. North America region is expected to hold the largest market share of xx% by 2027. This is because there is a growing awareness of effective personnel management in the healthcare industry. Because of the high rate of technological adoption in the North America region, the Healthcare Workforce Management Systems market is expected to grow. Europe region is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Europe is expected to keep following North America's lead, as the region's senior population is expected to increase, necessitating the use of healthcare workforce management systems to supply efficient healthcare solutions. Healthcare Workforce Management Systems Market 3 The objective of the report is to present a comprehensive analysis of the Global Healthcare Workforce Management Systems Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Healthcare Workforce Management Systems Market dynamic, structure by analyzing the market segments and project the Global Healthcare Workforce Management Systems Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Healthcare Workforce Management Systems Market make the report investor’s guide.

Healthcare Workforce Management Systems Market Scope: Inquire before buying

Global Healthcare Workforce Management Systems Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 1.40 Bn.
Forecast Period 2021 to 2027 CAGR: 13.2% Market Size in 2027: US $ 3.33 Bn.
Segments Covered: by Product • Software • Services
by Mode of Delivery • Web-based • Cloud-based • On-premise
by End User • Hospitals • Nursing Homes, Assisted Living, and Long-term Care Centers • Other Healthcare Institutions

Healthcare Workforce Management Systems Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Healthcare Workforce Management Systems Market Key Players

Ultimate Software Group, Inc. • Cornerstone Ondemand, Inc. • Atoss Software • Workday, Inc. • IBM Corporation • GE Healthcare • Automatic Data Processing, Inc. • Mckesson Corporation • SAP AG • Kronos, Inc. • Oracle Corporation • Timeware • Allocate • Workforce Software Group Inc. • Nice Systems • Active Ops Limited • Infor

Frequently Asked Questions:

1] What segments are covered in Healthcare Workforce Management Systems Market report? Ans. The segments covered in Healthcare Workforce Management Systems Market report are based on Product, Mode of Delivery, and End User. 2] Which region is expected to hold the highest share in the Healthcare Workforce Management Systems Market? Ans. North America is expected to hold the highest share in the Global Healthcare Workforce Management Systems Market. 3] Who are the top key players in the Healthcare Workforce Management Systems Market? Ans. Ultimate Software Group, Inc., Cornerstone Ondemand, Inc., Atoss Software, Workday, Inc., IBM Corporation, and GE Healthcare are the top key players in the Global Healthcare Workforce Management Systems Market. 4] Which segment holds the largest market share in the Healthcare Workforce Management Systems market by 2027? Ans. Software segment hold the largest market share in the Healthcare Workforce Management Systems market by 2027. 5] What is the market size of the Healthcare Workforce Management Systems market by 2027? Ans. The market size of the Healthcare Workforce Management Systems market is US $3.33 Bn. by 2027. 6] What was the market size of the Global Healthcare Workforce Management Systems market in 2020? Ans. The market size of the Global Healthcare Workforce Management Systems market was worth US $1.40 Bn. in 2020.
1. Global Healthcare Workforce Management Systems Market: Research Methodology 2. Global Healthcare Workforce Management Systems Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Healthcare Workforce Management Systems Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Healthcare Workforce Management Systems Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Healthcare Workforce Management Systems Market Segmentation 4.1 Global Healthcare Workforce Management Systems Market, by Product(2020-2027) • Software • Services 4.2 Global Healthcare Workforce Management Systems Market, by Mode of Delivery (2020-2027) • Web-based • Cloud-based • On-premise 4.3 Global Healthcare Workforce Management Systems Market, by End User (2020-2027) • Hospitals • Nursing Homes, Assisted Living, and Long-term Care Centers • Other Healthcare Institutions 5. North America Healthcare Workforce Management Systems Market (2020-2027) 5.1 Global Healthcare Workforce Management Systems Market, by Product(2020-2027) • Software • Services 5.2 Global Healthcare Workforce Management Systems Market, by Mode of Delivery (2020-2027) • Web-based • Cloud-based • On-premise 5.3 Global Healthcare Workforce Management Systems Market, by End User (2020-2027) • Hospitals • Nursing Homes, Assisted Living, and Long-term Care Centers • Other Healthcare Institutions 5.4 North America Healthcare Workforce Management Systems Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Healthcare Workforce Management Systems Market (2020-2027) 6.1. Asia Pacific Healthcare Workforce Management Systems Market, by Product(2020-2027) 6.2. Asia Pacific Healthcare Workforce Management Systems Market, by Mode of Delivery (2020-2027) 6.3. Asia Pacific Healthcare Workforce Management Systems Market, by End User (2020-2027) 6.4. Asia Pacific Healthcare Workforce Management Systems Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Healthcare Workforce Management Systems Market (2020-2027) 7.1 Middle East and Africa Healthcare Workforce Management Systems Market, by Product(2020-2027) 7.2. Middle East and Africa Healthcare Workforce Management Systems Market, by Mode of Delivery (2020-2027) 7.3. Middle East and Africa Healthcare Workforce Management Systems Market, by End User (2020-2027) 7.4. Middle East and Africa Healthcare Workforce Management Systems Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Healthcare Workforce Management Systems Market (2020-2027) 8.1. Latin America Healthcare Workforce Management Systems Market, by Product(2020-2027) 8.2. Latin America Healthcare Workforce Management Systems Market, by Mode of Delivery (2020-2027) 8.3. Latin America Healthcare Workforce Management Systems Market, by End User (2020-2027) 8.4. Latin America Healthcare Workforce Management Systems Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Healthcare Workforce Management Systems Market (2020-2027) 9.1. European Healthcare Workforce Management Systems Market, by Product(2020-2027) 9.2. European Healthcare Workforce Management Systems Market, by Mode of Delivery(2020-2027) 9.3. European Healthcare Workforce Management Systems Market, by End User (2020-2027) 9.4. European Healthcare Workforce Management Systems Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Ultimate Software Group, Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Cornerstone Ondemand, Inc. 10.3. Atoss Software 10.4. Workday, Inc. 10.5. IBM Corporation 10.6. GE Healthcare 10.7. Automatic Data Processing, Inc. 10.8. Mckesson Corporation 10.9. SAP AG 10.10. Kronos, Inc. 10.11. Oracle Corporation 10.12. Timeware 10.13. Allocate 10.14. Workforce Software Group Inc. 10.15. Nice Systems 10.16. Active Ops Limited 10.17. Infor

About This Report

Report ID 6539
Category Information Technology & Telecommunication
Published Date Aug 2019
Updated Date Jan 2022
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