Healthcare Workforce Management System Global Market Report 2022

Description

“Healthcare Workforce Management System Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global healthcare workforce management system market.

This report focuses on healthcare workforce management system market which is experiencing strong growth. The report gives a guide to the healthcare workforce management system market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

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Where is the largest and fastest growing market for the healthcare workforce management system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Healthcare Workforce Management System market global report” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider healthcare workforce management system market, and compares it with other markets.

The market characteristics section of the report defines and explains the market.

The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.

Market segmentations break down market into sub markets.

The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.

Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

The healthcare workforce management system market section of the report gives context. It compares the healthcare workforce management system market with other segments of the healthcare workforce management system market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, healthcare workforce management system indicators comparison.

Scope

Markets Covered:

1) By Software: Time And Attendance; HR And Payroll; Talent Management; Analytics

2) By Solution: Software; Services

3) By Mode Of Delivery: Web-Based; Cloud-Based; On-Premise

4) By End User: Nursing Homes; Long-Term Care Centers; Hospitals; Other Healthcare Institutions

Companies Mentioned: Ultimate Software Group Inc.; Cornerstone Ondemand Inc.; Atoss Software; Workday Inc.; IBM Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the healthcare workforce management system market are: Ultimate Software Group Inc., Cornerstone Ondemand Inc., Atoss Software, Workday Inc., IBM Corporation, GE Healthcare, ADP LLC, Mckesson Corporation, Kronos Inc., Oracle Corporation, Timeware, Allocate, Workforce Software Group Inc., Nice Systems, and ActiveOps.

The global healthcare workforce management system market is expected to grow from $1.52 billion in 2021 to $1.73 billion in 2022 at a compound annual growth rate (CAGR) of 13.8%. The market is expected to grow to $2.86 billion in 2026 at a CAGR of 13.3%.

The healthcare workforce management system market consists of sales of healthcare workforce management systems and related services by entities (organizations, sole traders, and partnerships) that are used to manage the healthcare workforce, tracking and scheduling, accounting and payroll management of the workforce, managing time and attendance of the workforce on daily basis. Workforce management is a process that aims to improve an organization's performance and competency levels. In the fields of service management, performance and training management, recruiting, budgeting, forecasting, scheduling, and reporting, workforce management in healthcare offers a variety of features and automated processes.

The main types of healthcare workforce management solutions are software and services. By software, types of healthcare workforce management systems include time and attendance, HR and payroll, talent management and analytics software. Talent management refers to the attraction, selection, and retention of employees through a combination of HR processes that span the employee life cycle. Workforce planning, employee engagement, learning and development, performance management, recruiting, onboarding, succession, and retention are all considered under talent management. By mode of delivery, types of healthcare workforce management systems include web-based, cloud-based, and on-premise. Healthcare workforce management systems are mainly used by nursing homes, long-term care centers, hospitals, and other healthcare institutions.

North America was the largest region in the healthcare workforce management system market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The rising need to curtail healthcare costs of the healthcare workforce is contributing to the growth of the healthcare workforce management system market. Healthcare workforce management solutions help healthcare facilities to manage the workforce schedules, payrolls, time and attendance, recruiting, budgeting and reporting. Most of the time healthcare facilities face challenges of managing the hospitals' staff due to a surge in the number of inpatients and outpatients. These tedious manual processes lead to errors in the scheduling of the staff, and payments of staff based on their shifts were also a big challenge for management. The workforce management system helps hospital management to manage the demand of the services, and allocate the labor and staff efficiently to increase productivity. Companies are developing such software for efficient workforce management. For instance, in November 2019, Hospital IQ, a US-based operations management platform, launched a new workforce management solution, the industry's first to use advanced AI-enabled analytics and workflows to help staffing managers better align staff to anticipated patient demand. So, the increasing need to curtail healthcare costs through effective management of the healthcare workforce is contributing to the growth of the market.

The development and integration of new technologies is a key trend in the healthcare workforce management system market. The advancement of technologies such as Cloud, IoT, AI is enhancing the customer experience in various applications across the healthcare industry. Automation helps healthcare facilities to manage the multi-care hospitals efficiently. Connected devices are helping hospital management to manage the workforce efficiently and increase the productivity of the hospital facility. Also, technologies are helping to reduce the operational cost of the facility. Many companies are also focusing on the offering of technology-based solutions. For instance, in January 2021, Zyter announced the launch of Zyter Smart Hospitals, an end-to-end intelligent solution. This solution connects hospitals' data systems, departments, people, and IoT devices on Zyter's robust digital communication and collaboration platform. The solution helps for efficient operation of the facility as well as helps to reduce cost with smart energy management.

In July 2021, Accenture, an Ireland-based professional services company, acquired Workforce Insight, LLC for an undisclosed amount. With this acquisition, Accenture's workforce management capabilities and its ability to deliver HR transformation to clients will be enhanced. Workforce Insight, LLC is a US-based provider of workforce software and workday solutions.

The countries covered in the Healthcare Workforce Management System market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Product Code: h1700

1. Executive Summary

2. Healthcare Workforce Management System Market Characteristics

3. Healthcare Workforce Management System Market Trends And Strategies

4. Impact Of COVID-19 On Healthcare Workforce Management System

5. Healthcare Workforce Management System Market Size And Growth

5.1. Global Healthcare Workforce Management System Historic Market, 2016-2021, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
5.2. Global Healthcare Workforce Management System Forecast Market, 2021-2026F, 2031F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market

6. Healthcare Workforce Management System Market Segmentation

6.1. Global Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Time And Attendance
HR And Payroll
Talent Management
Analytics
6.2. Global Healthcare Workforce Management System Market, Segmentation By Solution, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Software
Services
6.3. Global Healthcare Workforce Management System Market, Segmentation By Mode Of Delivery, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Web-Based
Cloud-Based
On-Premise
6.4. Global Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Nursing Homes
Long-Term Care Centers
Hospitals
Other Healthcare Institutions

7. Healthcare Workforce Management System Market Regional And Country Analysis

7.1. Global Healthcare Workforce Management System Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Healthcare Workforce Management System Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Healthcare Workforce Management System Market

8.1. Asia-Pacific Healthcare Workforce Management System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Healthcare Workforce Management System Market

9.1. China Healthcare Workforce Management System Market Overview
9.2. China Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Healthcare Workforce Management System Market

10.1. India Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Healthcare Workforce Management System Market

11.1. Japan Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Healthcare Workforce Management System Market

12.1. Australia Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Healthcare Workforce Management System Market

13.1. Indonesia Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Healthcare Workforce Management System Market

14.1. South Korea Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Healthcare Workforce Management System Market

15.1. Western Europe Healthcare Workforce Management System Market Overview
15.2. Western Europe Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Healthcare Workforce Management System Market

16.1. UK Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Healthcare Workforce Management System Market

17.1. Germany Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Healthcare Workforce Management System Market

18.4. France Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.5. France Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Healthcare Workforce Management System Market

19.1. Eastern Europe Healthcare Workforce Management System Market Overview
19.2. Eastern Europe Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Healthcare Workforce Management System Market

20.1. Russia Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Healthcare Workforce Management System Market

21.1. North America Healthcare Workforce Management System Market Overview
21.2. North America Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Healthcare Workforce Management System Market

22.1. USA Healthcare Workforce Management System Market Overview
22.2. USA Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Healthcare Workforce Management System Market

23.1. South America Healthcare Workforce Management System Market Overview
23.2. South America Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Healthcare Workforce Management System Market

24.1. Brazil Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Healthcare Workforce Management System Market

25.1. Middle East Healthcare Workforce Management System Market Overview
25.2. Middle East Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Healthcare Workforce Management System Market

26.1. Africa Healthcare Workforce Management System Market Overview
26.2. Africa Healthcare Workforce Management System Market, Segmentation By Software , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Healthcare Workforce Management System Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Healthcare Workforce Management System Market Competitive Landscape And Company Profiles

27.1. Healthcare Workforce Management System Market Competitive Landscape
27.2. Healthcare Workforce Management System Market Company Profiles
- 27.2.1. Ultimate Software Group Inc.
  - 27.2.1.1. Overview
  - 27.2.1.2. Products and Services
  - 27.2.1.3. Strategy
  - 27.2.1.4. Financial Performance
- 27.2.2. Cornerstone Ondemand Inc.
  - 27.2.2.1. Overview
  - 27.2.2.2. Products and Services
  - 27.2.2.3. Strategy
  - 27.2.2.4. Financial Performance
- 27.2.3. Atoss Software
  - 27.2.3.1. Overview
  - 27.2.3.2. Products and Services
  - 27.2.3.3. Strategy
  - 27.2.3.4. Financial Performance
- 27.2.4. Workday Inc.
  - 27.2.4.1. Overview
  - 27.2.4.2. Products and Services
  - 27.2.4.3. Strategy
  - 27.2.4.4. Financial Performance
- 27.2.5. IBM Corporation
  - 27.2.5.1. Overview
  - 27.2.5.2. Products and Services
  - 27.2.5.3. Strategy
  - 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Healthcare Workforce Management System Market

29. Healthcare Workforce Management System Market Future Outlook and Potential Analysis

30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. The Business Research Company
30.5. Copyright And Disclaimer