Market Overview:
The global functional capacity evaluation software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cloud-based functional capacity evaluation software and rising awareness about benefits adjudication among employers and insurers. North America is expected to dominate the global market during the forecast period, owing to early adoption of technology and rising demand for cloud-based functional capacity evaluation software in this region.
Product Definition:
Functional Capacity Evaluation Software is used to measure an individual’s ability to perform work-related activities. The software is important because it can help employers determine whether an individual is capable of performing the essential functions of a job.
Web Based:
The global web-based functional capacity evaluation software market size was valued at USD 0.00 in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising geriatric population base, increasing prevalence of target diseases such as stroke, Parkinson's disease, & dementia coupled with growing awareness levels are some high impact rendering drivers for this market growth over the forecast period.
Cloud Based:
Cloud Based Functional Capacity Evaluation (FCCE) is a software-as-a-service application that helps in determining the functional capabilities of an individual against preordained criteria. It also helps in planning and designing rehabilitation programs for individuals with special needs. The primary function of this software is to evaluate the abilities, strengths, and limitations of clients as per their profile created by clinicians or professionals through online tests and surveys.
Application Insights:
The market is segmented based on the application as physicians, employees, insurers, and benefits adjudicators. The employee segment held the largest share in 2017. This can be attributed to factors such as rising awareness about health and safety at work place among employees. Furthermore, increasing focus of companies on providing better healthcare facilities for their employees is also expected to drive demand over the forecast period.
Functional Capacity Evaluations (FCE) are used by medical professionals to determine if an individual has recovered from a traumatic brain injury (TBI). In cases where there is uncertainty regarding TBI recovery or disability determination after one year post-injury; this software aids in determining disability through FCE Software Automated Neuropsychological Assessment System (SANE). In addition, it provides a detailed analysis of cognitive impairment along with functional limitations that may hinder full recovery after TBIs or cause long term disabilities affecting daily activities performed by an individual after injury occurrence.
Regional Analysis:
The market in Asia Pacific is expected to grow at a lucrative rate over the forecast period. The growth can be attributed to factors such as increasing penetration of internet and mobile phones, rising disposable income, and growing awareness about employee health. In addition, government initiatives for building healthcare infrastructure are also anticipated to drive the demand for GCE software in this region. For instance, Ministry of Health & Family Welfare (MoHFW) India has launched an initiative named “Health & Wellbeing†that focuses on promoting physical activity among individuals living in rural areas as well as urban cities.
In Europe region functional Capacity Evaluation Software Market is expected to witness significant growth during the forecast period owing with implementation of new healthcare reforms by EU governments such as e-health and patient centered medical care (PCMC).
Growth Factors:
- Increasing demand for Functional Capacity Evaluation Software from healthcare sector to reduce the cost of disability management and improve patient outcomes.
- Growing geriatric population is expected to fuel the demand for Functional Capacity Evaluation Software in coming years.
- Rising prevalence of chronic diseases is another major factor that would propel the growth of this market in near future.
- Technological advancements in Functional Capacity Evaluation Software would offer new opportunities for market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Capacity Evaluation Software Market Research Report
By Type
Web Based, Cloud Based
By Application
Physicians, Employeres, Insurers, Benefits Adjudicators
By Companies
Occupro, Metriks, ErgoScience, BTE Workforce Solutions, DSI Work Solutions, Rainwater Health, Arcon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Functional Capacity Evaluation Software Market Report Segments:
The global Functional Capacity Evaluation Software market is segmented on the basis of:
Types
Web Based, Cloud Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Physicians, Employeres, Insurers, Benefits Adjudicators
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Occupro
- Metriks
- ErgoScience
- BTE Workforce Solutions
- DSI Work Solutions
- Rainwater Health
- Arcon
Highlights of The Functional Capacity Evaluation Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web Based
- Cloud Based
- By Application:
- Physicians
- Employeres
- Insurers
- Benefits Adjudicators
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Capacity Evaluation Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional Capacity Evaluation Software is a computer software program that helps healthcare providers evaluate the functional capacity of patients. It can help identify which patients may be at risk for falls, and can provide recommendations on how to prevent falls in those patients.
Some of the key players operating in the functional capacity evaluation software market are Occupro, Metriks, ErgoScience, BTE Workforce Solutions, DSI Work Solutions, Rainwater Health, Arcon.
The functional capacity evaluation software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Functional Capacity Evaluation Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Functional Capacity Evaluation Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Functional Capacity Evaluation Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Functional Capacity Evaluation Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Functional Capacity Evaluation Software Market Size & Forecast, 2018-2028
4.5.1 Functional Capacity Evaluation Software Market Size and Y-o-Y Growth
4.5.2 Functional Capacity Evaluation Software Market Absolute $ Opportunity
Chapter 5 Global Functional Capacity Evaluation Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Functional Capacity Evaluation Software Market Size Forecast by Type
5.2.1 Web Based
5.2.2 Cloud Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Functional Capacity Evaluation Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Functional Capacity Evaluation Software Market Size Forecast by Applications
6.2.1 Physicians
6.2.2 Employeres
6.2.3 Insurers
6.2.4 Benefits Adjudicators
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Functional Capacity Evaluation Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Functional Capacity Evaluation Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Functional Capacity Evaluation Software Analysis and Forecast
9.1 Introduction
9.2 North America Functional Capacity Evaluation Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Functional Capacity Evaluation Software Market Size Forecast by Type
9.6.1 Web Based
9.6.2 Cloud Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Functional Capacity Evaluation Software Market Size Forecast by Applications
9.10.1 Physicians
9.10.2 Employeres
9.10.3 Insurers
9.10.4 Benefits Adjudicators
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Functional Capacity Evaluation Software Analysis and Forecast
10.1 Introduction
10.2 Europe Functional Capacity Evaluation Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Functional Capacity Evaluation Software Market Size Forecast by Type
10.6.1 Web Based
10.6.2 Cloud Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Functional Capacity Evaluation Software Market Size Forecast by Applications
10.10.1 Physicians
10.10.2 Employeres
10.10.3 Insurers
10.10.4 Benefits Adjudicators
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Functional Capacity Evaluation Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Functional Capacity Evaluation Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Functional Capacity Evaluation Software Market Size Forecast by Type
11.6.1 Web Based
11.6.2 Cloud Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Functional Capacity Evaluation Software Market Size Forecast by Applications
11.10.1 Physicians
11.10.2 Employeres
11.10.3 Insurers
11.10.4 Benefits Adjudicators
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Functional Capacity Evaluation Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Functional Capacity Evaluation Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Functional Capacity Evaluation Software Market Size Forecast by Type
12.6.1 Web Based
12.6.2 Cloud Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Functional Capacity Evaluation Software Market Size Forecast by Applications
12.10.1 Physicians
12.10.2 Employeres
12.10.3 Insurers
12.10.4 Benefits Adjudicators
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Functional Capacity Evaluation Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Functional Capacity Evaluation Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Functional Capacity Evaluation Software Market Size Forecast by Type
13.6.1 Web Based
13.6.2 Cloud Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Functional Capacity Evaluation Software Market Size Forecast by Applications
13.10.1 Physicians
13.10.2 Employeres
13.10.3 Insurers
13.10.4 Benefits Adjudicators
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Functional Capacity Evaluation Software Market: Competitive Dashboard
14.2 Global Functional Capacity Evaluation Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Occupro
14.3.2 Metriks
14.3.3 ErgoScience
14.3.4 BTE Workforce Solutions
14.3.5 DSI Work Solutions
14.3.6 Rainwater Health
14.3.7 Arcon
