The global healthcare workforce management systems market is highly consolidated, wherein the top five players account for over 70% to 75% of the market share. http://www.marketsandmarkets.com/Market-Reports/healthcare-workforce-management-systems-market-92262366.html
(PRWEB) September 26, 2014
The report “Healthcare Workforce Management Systems Market by Solution (Talent Management, Time & Attendance, Scheduling, Optimization Services), by Mode of Delivery (Cloud-based, Web-based), by End-User (Hospital, Long Term Care) – Global Forecast to 2019” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World.
Browse 145 market tables and 46 figures spread through 300 page sand in-depth TOC on “Healthcare Workforce Management Systems Market”
Early buyers will receive 10% customization on this report.
The global healthcare workforce management systems market is estimated to be worth $761.8million by the end of 2014 and is expected to reach at $1,453.8 million by 2019, at a CAGR of 13.8% during the forecast period of 2014 to 2019.
For More Inquiry Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=92262366
Healthcare workforce management systems encompass all the solutions needed to manage and maintain the productive workforce in the healthcare sector. The global market is divided on the basis of different type of software, services, mode of delivery, end users, and geography. The software market is segmented into standalone software and integrated software. Standalone software includes time and attendance, scheduling, HR and payroll, talent management, analytic, and others.
Healthcare organizations are subject to several stringent federal and state laws and regulations. Hence, it is mandatory for healthcare organization to avoid compliance risks as the slightest error can translate into significant penalties to them. Thus, a growing need to comply with workforce related regulations is also slated to be one of the major drivers for greater uptake of workforce management solutions in the healthcare industry.
However, maintenance and software update costs pose a significant challenge for solution vendors to attract healthcare providers to implement workforce management systems at their facilities. The data privacy and security risks are also some of the factors hindering the growth of the workforce management systems market.
In this report, the workforce management systems market is segmented based on solutions, mode of delivery, end user, and geographies. This report also discusses the key market drivers, restraints, and opportunities for this market and its submarkets. The global workforce management systems market is estimated to be worth $761.7 million by the end of 2014 and is expected to reach $1,453.8 million by 2019, at a CAGR of 13.8% from 2014 to 2019.
ASk for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=92262366
In 2013, North America was the market leader with a share of approximately 65% of the global market, followed by Europe with a share of 20%. The demand for health professional workforce in North America and Europe is growing due to the increasing aging population and resultant increase in the prevalence of diseases. However, the Asia-Pacific region represents a highest growth opportunity for the workforce management market during the forecast period of 2014 to 2019. The APAC market is expected to grow at a CAGR of 18.2% during the forecast period.
Some of the major players in the global workforce management systems market include IBM Corporation (U.S.), Infor, Inc. (U.S.), Oracle Corporation (U.S.), Kronos, Inc. (U.S.), SAP AG (Germany), McKesson Corporation (U.S.), and GE Healthcare (U.K.).
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North – Dominion Plaza,
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets [email protected] http://mnmblog.org/market-research/healthcare/healthcareit
Connect with us on [email protected] http://www.linkedin.com/company/marketsandmarkets
For the original version on PRWeb visit: http://www.prweb.com/releases/medical-workforce-mgmt/systems-market/prweb12187760.htm