Healthcare ERP Consulting Services Market Size Hits US$ 12.4 Bn by 2030

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.

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Report Coverage

Report Scope	Details
Market Size	US$ 12.4 Billion by 2030
Growth Rate	CAGR of 10.2% From 2021 to 2030
Base Year	2021
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

Growth Factors

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.

Key Players

• Accenture
• Deloitte
• PWC
• KPMG
• Cerner Corp.
• Premier, Inc.
• Workday, Inc.
• Oracle
• Atos SE
• Avaap USA LLC
• Infor

Market Segmentation

• By Functionality
  • Implementation
  • Training & Education
  • Others
• By End-Use
  • Life Science Companies
  • Healthcare Providers
  • Others
• Regional
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
  • Asia Pacific
    • Japan
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • UAE

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.

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