When it comes to innovation, healthcare is one of the most conservative industries, wherever in the world. The healthcare industry lags behind in implementation of new business process and IT technologies. The healthcare industry is heavily regulated, chronically underfunded, overloaded and understaffed. Healthcare is the direct opposite of those segments where talent management thrives. Yet the change is already here.
Human resources account for about 70% of HMO costs in developed countries. Errors in management of human resources, organizational complexity and compounded inefficiency in healthcare may skyrocket costs to the point of bringing the entire system down. Needless to say, healthcare constitutes one of the pillars of any national critical infrastructure and as such is subject to a viability check within rapidly changing financial and technological realities.
It is only matter of time before the healthcare industry will seek a solution to one of its most pressing issues in HR management technology. We forecast the HR software market for healthcare to grow at a compound annual growth rate (CAGR) 2.2% reaching $1.3 billion by 2024.
The report covers the HR software products, technologies and services for healthcare industry. The report provides detailed year-by-year (2019 – 2024) forecasts for the following HR software market segments in healthcare industry:
- HR software market for healthcare, segments by geographic region: Americas, EMEA and Asia/Pacific. HR software market for healthcare by top 25 countries.
- By HR administration software for healthcare – payroll, time and attendance, and benefits management;
- By talent management software for healthcare – recruiting, training, performance management, and leadership/succession management;
- By HMO size tiers;
- By deployment model – licensed on premise, licensed hosted, and software-as-a-service (SaaS);
- Integration of HR software within Healthcare Enterprise Network – analytics, mobile, security.
1. Market Report Scope & Methodology
1.1. Scope
1.2. Research Methodology
2. Executive Summary
2.1. HR Software Market Landscape
2.2. HR Software Market for Healthcare: Key Findings and Forecasts
3. HR Software Market for Healthcare in Numbers
3.1. HR Software Market for Healthcare by Geographic Region
3.2. HR Software Market for Healthcare by HR Administration and Talent Management Segments
3.3. HR Software Market for Healthcare by HMO Size Tiers
3.4. HR Software Market for Healthcare by Deployment Model
3.5. HR Software Integration within Healthcare Enterprise Network
List of Figures
Fig. 1- HR Software Market Landscape
Fig. 2- HR Software for Healthcare, Market Forecast 2019-2024, $Mln
Fig. 3- HR Software for Healthcare, Cumulative Market 2019-2024, market share by regions, %
Fig. 4- HR Software for Healthcare, Market 2019-2024 by Geography, $Mln
Fig. 5- HR Software Market for Healthcare, Growth Rates 2019-2024 by Region, CAGR %
Fig. 6- HR Software for Healthcare, Market Dynamics by Geography
Fig. 7- Americas: HR Software for Healthcare, Market Forecast 2019 – 2024, $Mln
Fig. 8- EMEA: HR Software for Healthcare, Market Forecast 2019 – 2024, $Mln
Fig. 9- Asia/Pacific: HR Software for Healthcare, Market Forecast 2019 – 2024, $Mln
Fig. 10- HR Software for Healthcare, Cumulative Market 2019-2024, Market Share by HR Administration and Talent Management, %
Fig. 11- HR Software for Healthcare, Market Dynamics by HR Administration and Talent Management
Fig. 12- HR Administration Software for Healthcare, Market Segment 2019-2024 by Payroll, Time and Attendance and Benefits Management, $Mln
Fig. 13- HR Administration Software for Healthcare, Cumulative Market 2019-2024, Market Share by Payroll, Time and Attendance and Benefits Management, %
Fig. 14- Talent Management Software for Healthcare, Market Segment 2019-2024 by Recruiting, Training, Performance Management and Succession/Leadership Planning, $Mln
Fig. 15- Talent Management Software for Healthcare, Market Growth Rates 2019-2024 by Recruiting, Training, Performance Management and Leadership/Succession Planning, CAGR %
Fig. 16- Cumulative Talent Management Software for Healthcare, Cumulative Market 2019-2024, Market Share by Recruiting, Training, Performance Management and Leadership/Succession Planning, %
Fig. 17- HR Software for Healthcare, Cumulative Market 2019-2020, Market Share by Company Size Tiers, % 23
Fig. 18- HR Software for Healthcare, Market Growth Rates 2019-20122 by HMO Size Tiers, CAGR %
Fig. 19- HR Software for Healthcare, Market Dynamics by Deployment
List of Tables
Table 1 – HR Software for Healthcare, Market Forecast 2019-2024, $Mln
Table 2 – HR Software Market for Healthcare 2019-2024 by Geographic Region, $Mln
Table 3 – Top 25 countries by HR Software Market for Healthcare
Table 4 – HR Software Market for Healthcare 2019-2024 by HR Administration and Talent Management, $Mln
Table 5 – HR Administration Software Market Segments for Healthcare 2019-2024, $Mln
Table 6 – Talent Management Software Market Segment for Healthcare 2019-2024, $Mln
Table 7 – HR Software Market for Healthcare 2019-2024 by HMO Size Tiers, $Mln
Table 8 – HR Software Market for Healthcare 2019-2024 by Deployment Model, $Mln
Table 9 – HR Software Integration In Healthcare Enterprise Networks, Market Sub-segments 2019-2024 by Analytics, Mobile and Security, $Mln