Global Healthcare Workforce Management Systems Market growing at a CAGR of 13.1% from 2023 to 2030

Category : Pharmaceuticals And Healthcare | Published Date : Aug 2023

Key Market Overview

Consegic Business Intelligence analyzes that the global healthcare workforce management systems market is growing with a CAGR of 13.1% and is expected to reach USD 4,582.72 million in 2030 from USD 1,741.82 million in 2022.

The report highlights the rise in birth rates that is contributing to the growing demand for healthcare workforce management systems. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the healthcare workforce management systems market.

Global Healthcare Workforce Management Systems Market By Overview

Global Healthcare Workforce Management Systems Market

The healthcare workforce management systems market is bifurcated into product, mode of delivery, and end user. Based on product, the market is segmented into software (integrated solutions and standalone solutions) and services. In 2022, the software segment accounted for the highest market share in the healthcare workforce management systems market. The mode of delivery segment is categorized into web-based, cloud-based, and on-premises. In 2022, mode of delivery, the cloud-based segment accounted for the highest market share in 2022. Based on end user, the market is segmented into hospitals, healthcare institutions, and others. In 2022, hospitals segment accounted for the highest market share in the overall healthcare workforce management systems market.

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Market Dynamics

Driver:

 

  • The increasing need for workforce management in the healthcare sector is benefiting market growth.
  • Rapid consolidations in the healthcare sector are accelerating market growth.

 

Restraints:

  • The high cost of workforce management systems deployment is restraining market growth.

Opportunity:

  • Technological innovations to support healthcare workforce management systems will favor market growth.

Market Segmentation:

Report Attributes Report Details
By Product Software (Integrated Solutions and Standalone Solutions) and Services
By Mode of Delivery Web-based, Cloud-based, and On-Premises
By End User Hospitals, Healthcare Institutions, and Others
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The market is dominated by certain major companies such as IBM Corporation, Infor, Inc., Oracle Corporation, and McKesson Corporation have a strong market position in current market circumstances. Further, the healthcare workforce management systems market is expected to witness significant growth in the coming years due to the increasing investments in healthcare workforce management system development. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.

  • IBM Corporation
  • Infor, Inc.
  • Oracle Corporation
  • Kronos, Inc.
  • McKesson Corporation
  • OSP Labs
  • GE Healthcare
  • Cornerstone OnDemand, Inc.
  • Strata Decision Technology, LLC
  • QGenda, LLC
  • Symplr