The global Healthcare ERP Consulting Services market size is expected to be worth around US$ 12.4 billion by 2030, according to a new report by Vision Research Reports.
The global Healthcare ERP Consulting Services market size was valued at US$ 5.9 billion in 2020 and is anticipated to grow at a CAGR of 10.2% during forecast period 2021 to 2030.
|Market Size||US$ 12.4 Billion by 2030|
|Growth Rate||CAGR of 10.2% From 2021 to 2030
|Forecast Period||2021 to 2030|
|Segments Covered||Functionality, End-use|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa|
|Companies Mentioned||Deloitte; KPMG; PWC; Accenture; Oracle Corp.; Infor; Cerner Corp.; Premier Inc; Workday, Inc.; Atos SE|
The growing healthcare expenditure and rising adoption levels of advanced technological solutions are driving facilities to successfully implement enterprise resource planning (ERP) solutions. The growing need to amalgamate multiple software solutions and applications running a facility under a single integrated database to enhance operational & financial efficiency is expected to drive the demand for consulting services in the market.
Increasing number of patients at facilities, are creating a demand for advanced technological business solutions. The adoption of these systems will allow healthcare facilities to integrate & streamline their workflows, enhance functional & operational outcomes, reduce expenses, eliminate data silos, and deliver premium-quality patient care, which is expected to drive the demand and adoption rate of these solutions, thereby augmenting the market growth.
By Functionality Analysis
the implementation segment accounted for the highest revenue share of 75.2%. The growing demand for consultancy services amongst businesses before implementing ERP systems to understand the complexity of the technological solutions estimate the size and scope of business, type of modules to be implemented, and number & type of work required by external resources are driving the segment growth.
The training and education segment is expected to record the fastest CAGR over the forecast period. The growing need for training & education, project management, and technical expertise to accustom to the change in business operation is contributing to the segment growth.
By End-use Analysis
In 2020, the life sciences companies segment dominated the market with a revenue share of 68.7% due to the rising adoption of ERP systems and solutions by life science companies to integrate and streamline workflows to enhance the accuracy and efficiency of business operations.
Life science companies are constantly in need of advanced technological solutions to amalgamate their various functions, such as research & development, sales & marketing, human resources, legal & regulations, and finances & accounting functionalities, to improve operational and financial efficiency.
The healthcare providers segment is anticipated to register the fastest CAGR over the forecast years owing to the rising adoption of ERP systems by hospitals and other healthcare facilities.
By Regional Analysis
North America held the largest revenue share of more than 52.8% in 2020. The presence of major market players developing ERP systems and providing consultancy services is contributing to the regional market growth.
Asia Pacific is anticipated to register the fastest CAGR during the forecast period due to a rise in the number of startups specializing in AI-enabled advanced systems. Other factors driving the market include growing IT infrastructure.
Avaap USA LLC
Training & Education
Life Science Companies
Middle East & Africa
The Healthcare ERP Consulting Services market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Healthcare ERP Consulting Services market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Healthcare ERP Consulting Services market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Healthcare ERP Consulting Services market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Healthcare ERP Consulting Services market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Healthcare ERP Consulting Services capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Healthcare ERP Consulting Services by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Healthcare ERP Consulting Services market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Healthcare ERP Consulting Services market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Healthcare ERP Consulting Services market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Healthcare ERP Consulting Services industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Healthcare ERP Consulting Services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Healthcare ERP Consulting Services market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Healthcare ERP Consulting Services market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Healthcare ERP Consulting Services market. These factors have benefited the growth of the global market for Healthcare ERP Consulting Services. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Healthcare ERP Consulting Services. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Healthcare ERP Consulting Services are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are:
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