The global market for healthcare workforce management (WFM) systems is expected to grow from $1.9 billion in 2024 to $3.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2029.
The North American market for healthcare WFM systems is expected to grow from $745.1 million in 2024 to $1.2 billion by the end of 2029, at a CAGR of 9.1% from 2024 to 2029.
The Asia-Pacific market for healthcare WFM systems is expected to grow from $400.9 million in 2024 to $712.2 million by the end of 2029, at a CAGR of 12.2% from 2024 to 2029.
Report Scope
This report provides an overview of the global healthcare workforce management system market and analyzes its trends. The report includes global revenue ($ millions), with 2023 as the base year, estimates for 2024, and forecasts through 2029. The market is segmented based on components, deployment, organization size, end user, and region. The regions covered in this study include North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, with a focus on major countries in these regions.
The report focuses on the significant driving trends and challenges that affect the market and vendor landscape. It analyzes environmental, social, and corporate governance (ESG) developments and discusses patents and emerging technologies related to the market.
The report concludes with an analysis of the competitive landscape, which provides the ranking/share of key players in the global healthcare workforce management system market. It also has a dedicated section of company profiles that covers details of leading key market players.
Report Includes
56 data tables and 56 additional tables
An overview of the current and future global market for healthcare workforce management (WFM) systems
An analysis of global market trends, with market revenue data from 2021 to 2023, estimates for 2024, and projected CAGRs through 2029
Estimates of the size and revenue prospects of the global market, along with a market share analysis by component, deployment, organization size, end user and region
Facts and figures pertaining to market dynamics, technological advances, regulations, and the impact of macroeconomic factors
Analysis of market opportunities with a review of Porter's Five Forces and a value chain analysis taking into consideration the prevailing micro- and macro environmental factors
Discussion of the importance of ESG in the market for healthcare workforce management systems, consumer attitudes towards sustainability, an assessment of risks and opportunities, ratings and matrices, and ESG practices in the industry
Analysis of relevant patents, with emphasis on emerging technologies and new developments in healthcare workforce management systems
Analysis of the industry structure, including companies' market shares and rankings, strategic alliances, M&A activity and a venture funding outlook
Profiles of the leading companies, including Oracle, ADP Inc., SAP SE, ATOSS Software SE and Workday Inc.
Table of Contents
Chapter 1 Executive Summary
Market Outlook
Scope of the Report
Market Summary
Market Dynamics and Growth Factors
Emerging Technologies
Segmental Analysis
Regional Analysis
Conclusion
Chapter 2 Market Overview
Overview
Introduction: Workforce Management Software
Challenges of Traditional Workforce Management Solutions
Benefits of Healthcare WFM
Key Considerations for Choosing the Best WFM Solution
The Future of Healthcare Workforce Management
Porter's Five Forces Analysis
Threat of New Entrants (Moderate to High)
Bargaining Power of Suppliers (Moderate)
Bargaining Power of Buyers (High)
Threat of Substitutes (Low to Moderate)
Level of Competitiveness (High)
Macroeconomic Factors Analysis
Aging Population
Government Policies and Regulations
Workforce Shortages
Chapter 3 Market Dynamics
Key Takeaways
Market Drivers
Growing Demand for Workforce Optimization and Mobile Applications
Increasing Adoption of Cloud-based Solutions
Achieving Operational Cost-Efficiency Through Effective Management of Healthcare Workforce
Market Restraints
Privacy and Data Security Concerns
Integrating Complexities with the WFM System
Market Opportunities
Growing Competitiveness
Emphasis on Employee Engagement and Work-Life Balance
Chapter 4 Regulatory Landscape
Overview
Chapter 5 Emerging Technologies and Patent Analysis
Overview
Emerging Technologies
AI-Powered Predictive Analytics
Expansion of Telehealth and Remote Healthcare Services
Customizable Reporting and Analytics
Patent Analysis
Key Findings
Chapter 6 Market Segmentation Analysis
Segmentation Breakdown
Market Breakdown, by Component
Key Takeaways
Software
Service
Market Breakdown, by Deployment
Key Takeaways
Web/Cloud-Based Model
On-Premises Model
Market Breakdown, by Organization Size
Key Takeaways
Large Organizations
Medium Organizations
Small Organizations
Market Breakdown, by End User
Key Takeaways
Hospitals
Nursing Homes
Assisted Living Centers
Long-term Care Facilities
Others
Geographical Breakdown
Market Breakdown, by Region
Key Takeaways
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Chapter 7 Competitive Intelligence
Key Takeaways
Competitive Landscape
Global Market Shares of Leading Companies
Key Developments and Strategies
Partnerships and Collaborations
Business Expansions
Product Launches, Enhancements, and Expansions
Acquisitions
Other Developments
Chapter 8 Environmental, Social and Governance (ESG) Perspective
Introduction to ESG
Sustainability in Healthcare WFM
Healthcare WFM Solution Providers ESG
Status of ESG in the Healthcare Workforce Management System Market