Global healthcare learning management system market size to expand at 22% CAGR through 2027
The business intelligence report on ‘global healthcare learning management system market’, encompassing a detailed analysis of the historical and future outlook of this business space, thoroughly explains the macroeconomic factors, drivers, restraints, and opportunities. Moreover, it makes inclusion of statistical records for authenticating the projections being presented, so as to deliver a clear view and indication of the strategies that can improve the position of businesses in the marketplace.
According to industry experts, global healthcare learning management system market attained a valuation of USD 390 million in 2019 and is projected to register a yearly growth rate of 22% over 2020-2027. Rising digitalization along with emphasis on providing training quickly and precisely in healthcare sector are driving the industry growth.
Proceeding further, the research literature extensively examines each industry segment to uncover the top-revenue prospects for the upcoming years. It also profiles the leading players, inclusive of the company overview, revenue shares, strategic undertakings, and recent developments. Besides this, the document also expounds the supply side as well as demand side to provide a deeper understanding of the ins and outs of this business sphere.
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Further, increasing investment and favorable initiatives by governments and healthcare providers will augment global healthcare learning management system market size in the upcoming years. For instance, the Journal of Urgent Care Medicine cites that in 2017, Hospital Corporation of America announced expansion plan for healthcare learning management systems in a bid to develop patient access points across its 14 major markets. It also allocated a portion of its USD 2.9 billion capital budget in increasing the number of urgent care locations from 72 to 120 by the year-end.
For the uninitiated, healthcare learning management system is e-learning platform that provides the necessary tools for training healthcare staff quickly and virtually over the internet. Stringent rules and regulations in healthcare industry have necessitated the demand for an effective solution to impart knowledge to the concerned staff, which has raised the significance of healthcare learning management systems. Moreover, advancements in medical and healthcare industry has encouraged the adoption of such systems for training staff. Further, benefits like enhanced quality and reduced risk of uncertainties are boosting the product adoption.
Despite the positive outlook of global healthcare learning management system industry, high installation cost of the system will negatively impact the business scenario across over the forecast timespan.
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North America, Europe, Latin America, and Asia Pacific are the key contributors to the overall healthcare learning management systems industry remuneration. Among these, North America currently accounts for majority of the industry share, creditable to increasing R&D activities in the region.
Meanwhile, Asia Pacific market is slated to grow significantly over the forecast period 2020-2027, driven by growing awareness regarding systematic ways of learning, and developing healthcare infrastructure in emerging economies.
Global Healthcare Learning Management System Market Deployment Type Sub-Segment (Revenue, USD Billion, 2017-2027)
Global Healthcare Learning Management System Market Delivery Mode Sub-Segments (Revenue, USD Billion, 2017-2027)
- Self Learning
- Instructor-Led Learning
- Blended Learning
Global Healthcare Learning Management System Market Application Sub-Segments (Revenue, USD Billion, 2017-2027)
- Care Courses
- Compliance Training
- Pharmaceutical Product Education
Global Healthcare Learning Management System Market Geographical Fragmentation (Revenue, USD Billion, 2017-2027)
- United States
- United Kingdom
- Rest of Europe
- South Korea
- Rest of APAC
Rest of the World
Global Healthcare Learning Management System Market Company Profiles (Revenue, USD Billion, 2017-2027)
- Oracle Corp.
- HealthStream, Inc.
- HealthcareSource HR, Inc.
- GE Healthcare
- Cerner Corp.
- Canvas Network, Inc.
- Articulate Global, Inc.
- Adobe, Inc.
Global Healthcare Regulatory Affairs Outsourcing Market Size study, Regional Forecasts 2020-2027
Global Healthcare Regulatory Affairs Outsourcing Market is valued approximately USD 6.55 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.30% over the forecast period 2020-2027. Healthcare Regulatory Affairs Outsourcing is the regulatory policies that are implemented to ensure that companies comply with certain functioning standards in relation to their business. These policies are aimed at safeguarding the public health and welfare by ensuring the safety of healthcare and pharmaceutical products. The Healthcare regulatory affairs outsourcing includes medical publishing and writing the regulatory documents offered by quality control, experienced medical writers and publishers that play an important role in developing high-quality documents for clinical research projects.
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