Healthcare Workforce Management System Market

The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the Market

The global healthcare workforce management systems market was valued at $1.7 billion in 2024 and is projected to increase to $2.8 billion by 2029, with a compound annual growth rate (CAGR) of 10.1% during the forecast period.

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Standalone software segment hold the highest share in 2024.

On the basis of software segment, the healthcare workforce management market is bifurcated into standalone software and integrated software. In 2023, the standalone software segment accounted for the largest share of the healthcare workforce management market. Standalone software allows healthcare organizations to customize the system according to their specific needs, workflows, and compliance requirements, providing a more tailored solution compared to cloud-based options.

Large organizations are projected to dominate the healthcare workforce management systems market in 2023, by organization size.

On the basis of organization size, the healthcare workforce management systems market is segmented into large, medium & small organization size. Large organization accounted for the largest share the healthcare workforce management systems market in 2024. Increasing demand to analyze workforce management data for achieving organizational goals is expected to drive healthcare workforce management solutions and services adoption among large enterprises.

Time and attendance management segment accounted for the largest share of the healthcare workforce management systems market in 2023, by standalone software.

On the basis of standalone software, healthcare workforce management systems market is bifurcated into time and attendance management, scheduling software, HR and payroll management, talent management, workforce analytics, and other standalone software. In 2024, time and attendance management software accounted for the largest share of the global standalone healthcare workforce management software market. The growth of the time and attendance solutions market for the healthcare can be mainly attributed to the need to reduce labor costs, increase operational efficiency, and avoid compliance risks.

By region, North America to dominate the market for healthcare workforce management systems in 2024

In 2024, North America is projected to dominate the market followed by Europe. Factors such as the existence of key players in the region, the healthcare workforce management systems have many opportunities within the US considering the availability of many large hospitals and health systems, changing regulations, increasing demand for health professional workforce and driving the market growth in North America.

Prominent players offering healthcare workforce management systems software and services include Infor (US), UKG Inc. (US), Oracle Corporation (US), Automatic Data Processing, Inc. (US), SAP SE (Germany), Workday, Inc. (US), ATOSS Software AG (Germany), WorkForce Software, LLC. (US), Paycor HCM, Inc. (US), Dayforce, Inc. (US), Zoho Corporation Pvt. Ltd. (US), Connecteam (US), Cornerstone (US), Strata Decision Technology (US), symplr (US), Rippling People Center Inc. (US), Bamboo HR LLC. (US), Hireology (US), Deputy (Australia), Paylocity Holding Corporation (US), Shiftboard, Inc. (US), Humanforce Holdings Pty Ltd (Australia), T3 Workforce (Australia), Legion Technologies, Inc. (US), and Quinyx AB (Sweden).

Source: https://www.marketsandmarkets.com/Market-Reports/healthcare-workforce-management-systems-market-92262366.html

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Nicole Green

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