Global Healthcare Workforce Management Systems Market to Reach $3.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Healthcare Workforce Management Systems estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 13.2% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 12.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $427 Million, While China is Forecast to Grow at 12.7% CAGR
The Healthcare Workforce Management Systems market in the U.S. is estimated at US$427 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$599.6 Million by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.7% and 11.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
Select Competitors (Total 42 Featured):
Amid the COVID-19 crisis, the global market for Healthcare Workforce Management Systems estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 13.2% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$1.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 12.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $427 Million, While China is Forecast to Grow at 12.7% CAGR
The Healthcare Workforce Management Systems market in the U.S. is estimated at US$427 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$599.6 Million by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.7% and 11.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
Select Competitors (Total 42 Featured):
- Automatic Data Processing, Inc.
- Cornerstone OnDemand, Inc.
- GE Healthcare
- IBM Corporation
- Infor
- Kronos, Inc.
- McKesson Corporation
- Oracle Corporation
- SAP SE
- Workday, Inc.
Frequently Asked Questions about the Global Market for Healthcare Workforce Management Systems
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| Report Attribute | Details |
|---|---|
| No. of Pages | 222 |
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD ) in 2020 | $ 1.4 Billion |
| Forecasted Market Value ( USD ) by 2027 | $ 3.4 Billion |
| Compound Annual Growth Rate | 13.5% |
| Regions Covered | Global |
Table of Contents
I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
