Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Healthcare Workforce Management System Market by Type (Software, Hardware, Service), By Application (Payroll, Staffing and Scheduling, Time and Attendance, Patient Classification, Analytics) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Healthcare Workforce Management System Market by Type (Software, Hardware, Service), By Application (Payroll, Staffing and Scheduling, Time and Attendance, Patient Classification, Analytics) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 170061 3300 Medical Devices & Consumables 377 243 Pages 4.6 (50)
                                          

Market Overview:


The global healthcare workforce management system market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthcare services, rising labor costs, and the need for improved patient care. The global healthcare workforce management system market is segmented on the basis of type into software, hardware, and service. The software segment is expected to account for the largest share of the global healthcare workforce management system market in 2018. This can be attributed to the growing demand for cloud-based solutions and their ability to improve operational efficiency. On the basis of application, payroll, staffing and scheduling, time and attendance, patient classification analytics are some of the key segments considered in this study.


Global Healthcare Workforce Management System Industry Outlook


Product Definition:


Healthcare Workforce Management System is a software application that enables the healthcare organization to manage their employee workforce more effectively and efficiently. By using this system, the healthcare organization can track employee performance, identify potential issues and make necessary changes to improve productivity. Additionally, the system allows managers to better allocate resources by identifying staff shortages and surplus.


Software:


Software, its usage and growth factor in healthcare workforce management system market is expected to grow at a CAGR of XX% during the forecast period. The global software industry was valued at USD 288 billion in 2015 and is anticipated to witness significant growth owing to growing demand for IT applications across different verticals such as BFSI, retail, government & defense sectors.


Hardware:


Hardware and it's usage in Healthcare Workforce Management System market is used by healthcare organizations to streamline their work processes. It helps them to store, search, analyze & communicate data which is used for making decisions related to patient care management. The system provides a platform for integrating workforce information and tools into one easy-to-use interface that can be accessed from any location.


Application Insights:


The payroll segment dominated the global healthcare workforce management system market in 2017. This can be attributed to the increasing demand for time and attendance as well as labor budgeting solutions. The need for accurate payroll processing is essential, especially in large organizations with a high number of employees, contractors, and vendors. The growing complexity of employment laws across various regions is also driving the demand for robust healthcare workforce management systems that can assist organizations to comply with these regulations easily.


The analytics segment is expected to register a significant CAGR over the forecast period owing to rising adoption of data-driven decisions in several aspects of clinical operations including resource Allocation & Distribution (A&D), patient care scheduling,.


Regional Analysis:


North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high adoption rate of advanced technologies coupled with the strong foothold of major market players such as McKesson Corporation; Optum Inc.; and Cognizant have contributed to its growth. Furthermore, rising demand for cost-effective solutions is expected to drive regional growth over the forecast period.


Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare services at a lower price and increasing government spending on healthcare IT systems in order to improve patient care outcomes and reduce hospital readmissions rates are anticipated boost regional demand for HCWMSs. Moreover, growing penetration of mobileHCWMSs due their portability across various hospitals & clinics will further fuel their adoption rate in this region.


Growth Factors:


  • Increasing demand for healthcare services due to population growth and aging population
  • Rising incidence of chronic diseases and lifestyle-related disorders
  • Technological advancements in healthcare delivery systems
  • Growing emphasis on preventive care and wellness programs
  • Increased focus on value-based care

Scope Of The Report

Report Attributes

Report Details

Report Title

Healthcare Workforce Management System Market Research Report

By Type

Software, Hardware, Service

By Application

Payroll, Staffing and Scheduling, Time and Attendance, Patient Classification, Analytics

By Companies

Kronos, Infor, Oracle, GE Healthcare (Api Healthcare), McKesson, Allocate Software, SAP, Cornerstone Ondemand, Workday, Timeware

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

243

Number of Tables & Figures

171

Customization Available

Yes, the report can be customized as per your need.


Global Healthcare Workforce Management System Market Report Segments:

The global Healthcare Workforce Management System market is segmented on the basis of:

Types

Software, Hardware, Service

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

Payroll, Staffing and Scheduling, Time and Attendance, Patient Classification, Analytics

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:

  1. Kronos
  2. Infor
  3. Oracle
  4. GE Healthcare (Api Healthcare)
  5. McKesson
  6. Allocate Software
  7. SAP
  8. Cornerstone Ondemand
  9. Workday
  10. Timeware

Global Healthcare Workforce Management System Market Overview


Highlights of The Healthcare Workforce Management System Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Software
    2. Hardware
    3. Service
  1. By Application:

    1. Payroll
    2. Staffing and Scheduling
    3. Time and Attendance
    4. Patient Classification
    5. Analytics
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Healthcare Workforce Management System 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
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Global Healthcare Workforce Management System Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A healthcare workforce management system (HWMS) is a computer-based system used to manage the staffing and resources of healthcare organizations. It includes features such as employee tracking, scheduling, payroll, and performance appraisal. A HWMS can help hospitals avoid costly mistakes made in past staffing decisions by providing accurate information on staff availability and skills.

Some of the major companies in the healthcare workforce management system market are Kronos, Infor, Oracle, GE Healthcare (Api Healthcare), McKesson, Allocate Software, SAP, Cornerstone Ondemand, Workday, Timeware.

The healthcare workforce management system market is expected to register a CAGR of 10.8%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Healthcare Workforce Management System Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Healthcare Workforce Management System Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Healthcare Workforce Management System Market - Supply Chain
   4.5. Global Healthcare Workforce Management System Market Forecast
      4.5.1. Healthcare Workforce Management System Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Healthcare Workforce Management System Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Healthcare Workforce Management System Market Absolute $ Opportunity

5. Global Healthcare Workforce Management System Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Healthcare Workforce Management System Market Size and Volume Forecast by Type
      5.3.1. Software
      5.3.2. Hardware
      5.3.3. Service
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Healthcare Workforce Management System Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Healthcare Workforce Management System Market Size and Volume Forecast by Application
      6.3.1. Payroll
      6.3.2. Staffing and Scheduling
      6.3.3. Time and Attendance
      6.3.4. Patient Classification
      6.3.5. Analytics
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Healthcare Workforce Management System Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Healthcare Workforce Management System Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Healthcare Workforce Management System Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Healthcare Workforce Management System Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Healthcare Workforce Management System Demand Share Forecast, 2019-2026

9. North America Healthcare Workforce Management System Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Healthcare Workforce Management System Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Healthcare Workforce Management System Market Size and Volume Forecast by Application
      9.4.1. Payroll
      9.4.2. Staffing and Scheduling
      9.4.3. Time and Attendance
      9.4.4. Patient Classification
      9.4.5. Analytics
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Healthcare Workforce Management System Market Size and Volume Forecast by Type
      9.7.1. Software
      9.7.2. Hardware
      9.7.3. Service
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Healthcare Workforce Management System Demand Share Forecast, 2019-2026

10. Latin America Healthcare Workforce Management System Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Healthcare Workforce Management System Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Healthcare Workforce Management System Market Size and Volume Forecast by Application
      10.4.1. Payroll
      10.4.2. Staffing and Scheduling
      10.4.3. Time and Attendance
      10.4.4. Patient Classification
      10.4.5. Analytics
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Healthcare Workforce Management System Market Size and Volume Forecast by Type
      10.7.1. Software
      10.7.2. Hardware
      10.7.3. Service
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Healthcare Workforce Management System Demand Share Forecast, 2019-2026

11. Europe Healthcare Workforce Management System Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Healthcare Workforce Management System Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Healthcare Workforce Management System Market Size and Volume Forecast by Application
      11.4.1. Payroll
      11.4.2. Staffing and Scheduling
      11.4.3. Time and Attendance
      11.4.4. Patient Classification
      11.4.5. Analytics
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Healthcare Workforce Management System Market Size and Volume Forecast by Type
      11.7.1. Software
      11.7.2. Hardware
      11.7.3. Service
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Healthcare Workforce Management System Demand Share, 2019-2026

12. Asia Pacific Healthcare Workforce Management System Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Healthcare Workforce Management System Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Healthcare Workforce Management System Market Size and Volume Forecast by Application
      12.4.1. Payroll
      12.4.2. Staffing and Scheduling
      12.4.3. Time and Attendance
      12.4.4. Patient Classification
      12.4.5. Analytics
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Healthcare Workforce Management System Market Size and Volume Forecast by Type
      12.7.1. Software
      12.7.2. Hardware
      12.7.3. Service
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Healthcare Workforce Management System Demand Share, 2019-2026

13. Middle East & Africa Healthcare Workforce Management System Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Healthcare Workforce Management System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Healthcare Workforce Management System Market Size and Volume Forecast by Application
      13.4.1. Payroll
      13.4.2. Staffing and Scheduling
      13.4.3. Time and Attendance
      13.4.4. Patient Classification
      13.4.5. Analytics
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Healthcare Workforce Management System Market Size and Volume Forecast by Type
      13.7.1. Software
      13.7.2. Hardware
      13.7.3. Service
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Healthcare Workforce Management System Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Healthcare Workforce Management System Market: Market Share Analysis
   14.2. Healthcare Workforce Management System Distributors and Customers
   14.3. Healthcare Workforce Management System Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Kronos
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Infor
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Oracle
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. GE Healthcare (Api Healthcare)
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. McKesson
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Allocate Software
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. SAP
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Cornerstone Ondemand
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Workday
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Timeware
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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