The North America Healthcare Workforce Management System Market would witness market growth of 9.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Healthcare Workforce Management System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $766.4 million by 2031. The Canada market is experiencing a CAGR of 11.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 10.6% during 2024-2031.
A healthcare workforce management system (HWMS) is a comprehensive software solution designed to manage and optimize the workforce within healthcare organizations. It encompasses a range of tools and functionalities to address the unique challenges of healthcare staffing, scheduling, compliance, and overall workforce administration. Healthcare workforce management solutions are applied across organizations to address specific needs and challenges. Advanced scheduling systems can dynamically adjust shifts based on real-time data, such as unexpected staff absences or sudden surges in patient volume. This flexibility helps maintain optimal staffing levels and meets patient needs without overworking the staff.
Some systems can automatically assign shifts based on staff members' specific skills and qualifications. For example, a system might prioritize scheduling a nurse with specialized training for a critical care unit, ensuring that the right expertise is available when needed. Integrated scheduling tools can facilitate cross-department coordination by aligning schedules across various departments, such as radiology, laboratory, and emergency services. This ensures that all necessary personnel are available and minimizes patient care delays.
As the healthcare workforce grows, there is a heightened need for advanced workforce management systems to handle larger and more complex staffing needs. These systems help manage scheduling, compliance, and other operational tasks efficiently. According to the Health Resources and Services Administration (HRSA), there are over 4 million registered nurses (RNs), licensed practical nurses (LPNs), and advanced practice registered nurses (APRNs) as of 2022. The number of RNs increased by 3% between 2018 and 2022. Investment in healthcare facilities and technologies emphasizes the need for operational efficiency. Workforce management solutions help Canadian healthcare organizations optimize their workforce, reduce administrative burdens, and manage labor costs effectively, contributing to overall operational efficiency. Rising healthcare investment in Canada is often accompanied by a push to improve the quality of patient care. Effective workforce management ensures that facilities are adequately staffed, and staff members are deployed where they are most needed, enhancing patient outcomes and satisfaction. Thus, the rising healthcare workforce and increasing regional healthcare investment are driving the market's growth.
The US market dominated the North America Healthcare Workforce Management System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $766.4 million by 2031. The Canada market is experiencing a CAGR of 11.5% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 10.6% during 2024-2031.
A healthcare workforce management system (HWMS) is a comprehensive software solution designed to manage and optimize the workforce within healthcare organizations. It encompasses a range of tools and functionalities to address the unique challenges of healthcare staffing, scheduling, compliance, and overall workforce administration. Healthcare workforce management solutions are applied across organizations to address specific needs and challenges. Advanced scheduling systems can dynamically adjust shifts based on real-time data, such as unexpected staff absences or sudden surges in patient volume. This flexibility helps maintain optimal staffing levels and meets patient needs without overworking the staff.
Some systems can automatically assign shifts based on staff members' specific skills and qualifications. For example, a system might prioritize scheduling a nurse with specialized training for a critical care unit, ensuring that the right expertise is available when needed. Integrated scheduling tools can facilitate cross-department coordination by aligning schedules across various departments, such as radiology, laboratory, and emergency services. This ensures that all necessary personnel are available and minimizes patient care delays.
As the healthcare workforce grows, there is a heightened need for advanced workforce management systems to handle larger and more complex staffing needs. These systems help manage scheduling, compliance, and other operational tasks efficiently. According to the Health Resources and Services Administration (HRSA), there are over 4 million registered nurses (RNs), licensed practical nurses (LPNs), and advanced practice registered nurses (APRNs) as of 2022. The number of RNs increased by 3% between 2018 and 2022. Investment in healthcare facilities and technologies emphasizes the need for operational efficiency. Workforce management solutions help Canadian healthcare organizations optimize their workforce, reduce administrative burdens, and manage labor costs effectively, contributing to overall operational efficiency. Rising healthcare investment in Canada is often accompanied by a push to improve the quality of patient care. Effective workforce management ensures that facilities are adequately staffed, and staff members are deployed where they are most needed, enhancing patient outcomes and satisfaction. Thus, the rising healthcare workforce and increasing regional healthcare investment are driving the market's growth.
List of Key Companies Profiled
- Oracle Corporation
- SAP SE
- ATOSS Software SE
- Infor, Inc. (Koch Industries)
- UKG, Inc.
- Workday, Inc.
- WorkForce Software, LLC
- Paycor Hcm, Inc
- Rippling People Center Inc.
- symplr
Market Report Segmentation
By Component
- Software
- Standalone Software
- Time & Attendance Management Software
- Scheduling Software
- Talent Management Software
- HR & Payroll Management
- Workforce Analytics
- Others
- Integrated Software
- Services
- Support & Maintenance Services
- Optimization & Consulting Services
- Implementation Services
- Education & Training Services
By End User
- Hospitals
- Nursing Homes
- Assisted Living Centers
- Long Term Care Facilities
- Others
By Organization Size
- Large
- Medium
- Small
By Deployment
- SaaS-Based/Web Based Model
- Cloud-Based Model
- On-Premises Model
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 5. North America Healthcare Workforce Management System Market by Component
Chapter 6. North America Healthcare Workforce Management System Market by End User
Chapter 7. North America Healthcare Workforce Management System Market by Organization Size
Chapter 8. North America Healthcare Workforce Management System Market by Deployment
Chapter 9. North America Healthcare Workforce Management System Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Oracle Corporation
- SAP SE
- ATOSS Software SE
- Infor, Inc. (Koch Industries)
- UKG, Inc.
- Workday, Inc.
- WorkForce Software, LLC
- Paycor Hcm, Inc
- Rippling People Center Inc.
- symplr
Methodology
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