Press release
Key Trend Reshaping the Nursing Resource Allocation Market in 2025: Innovative Nurse And Staff Workforce Management Solution to Enhance Scheduling and Staff Utilization
Nursing Resource Allocation
The growth of the nursing resource allocation market is anticipated to be spurred by the surge in patient admissions. The formal induction of a patient into a treatment or observation program in a healthcare institution or hospital is known as patient admission. The rise in patient admissions can be accounted for by various factors, such as an aging population, advancements in medical technology, elevated patient expectations, and increased availability of healthcare services. By matching staff with patient needs and severity, efficient nursing resource allocation enhances patient care outcomes and minimizes complications. This not only smooths workflows but also reduces burnout, contributing to superior care and reduced staff turnover. For example, the National Health Service (NHS), a UK government department, reported in December 2023 that there were 408,700 hospital admissions in 2022-2023. This was a 5% increase from the 389,800 hospital admissions in 2021-2022 in England. Therefore, the growth of the nursing resource allocation market is expected to be influenced by the rising patient admissions.
Get Your Nursing Resource Allocation Market Report Here:
https://www.thebusinessresearchcompany.com/report/nursing-resource-allocation-global-market-report
What is the projected compound annual growth rate (CAGR) of the nursing resource allocation market from 2025 to 2034, and what factors influence it?
The market size for nursing resource allocation has significantly expanded in the past few years. The market size is projected to increase from $1.95 billion in 2024 to $2.16 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.7%. The historical growth can be credited to factors such as an increase in high-risk patients, the surge in chronic disease prevalence, substantial growth of the elderly population, a spike in electronic health records (EHR), and rising nurse-to-patient ratios.
The market size of nursing resource allocation is projected to experience substantial expansion in the succeeding years, expected to reach $3.21 billion by 2029 with a compound annual growth rate (CAGR) of 10.3%. This growth in the future years is ascribed to major expansion in healthcare policy reforms, a surge in community health need evaluations, a rise in the application of evidence-based practices, significant expansion in nursing leadership programs, and escalating patient education demands. Key trends observed in the forecasted period encompass an elevated application of artificial intelligence, the burgeoning growth of telehealth provisions, a heightened emphasis on patient-centric care, the amalgamation of data analytics, and innovations in electronic health records.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20583&type=smp
How are the latest trends influencing the growth of the nursing resource allocation market?
Major companies in the nursing resource allocation market are working on nurse and staff workforce management solutions in an effort to refine scheduling and enhance staff utilization. These solutions pertain to systems and tools that are specifically designed for the efficient scheduling, allocation, and administration of healthcare and nursing staff. QGenda LLC, a software development company based in the US, for example, unveiled its QGenda nurse and staff workforce management in December 2022, a solution created with a mobile-first approach and is specifically tailored to meet the unique needs of healthcare organizations when it comes to managing their nursing workforce. It enables the creation and governance of customizable schedules according to the needs of nurses and staff, thereby ensuring suitable coverage in line with patient care essentials. Furthermore, this solution gives nurses the flexibility to self-schedule and revise their preferences, resulting in increased engagement and satisfaction by allowing a greater degree of control over their work hours.
What are the major segments of the nursing resource allocation market and their role in driving growth?
The nursing resource allocation market covered in this report is segmented -
1) By Product Type: Software, Services
2) By Deployment: On-Premise, Cloud-Based
3) By Application: Emergency Departments, Perioperative Services, Inpatient Care Management, Workflow Automation
4) By End-User: Hospitals, Clinics, Ambulatory Care Centers, Nursing Homes, Other End-Users
Subsegments:
1) By Software: Nurse Staffing Software, Workforce Management Software, Scheduling and Shift Management Software, Nurse Call System Software, Clinical Workflow Management Software, Patient Flow Management Software, AI-Based Resource Allocation Software
2) By Services: Consulting Services, Implementation Services, Training and Support Services, Managed Services, Data Analytics and Reporting Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20583
Which regions are key players in the growth of the nursing resource allocation market?
North America was the largest region in the nursing resource allocation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nursing resource allocation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the nursing resource allocation market?
Major companies operating in the nursing resource allocation market are HealthTrust, Siemens Healthineers AG, AMN Healthcare Services Inc., UKG Inc., Infor Inc., Cross Country Healthcare, Maxim Healthcare Services, CHG Healthcare Services Inc., Ascom Holding AG, symplr, HealthStream Inc., WorkForce Software LLC, QGenda LLC, ShiftMed LLC, Petal Solutions Inc., OnShift Inc., Deputec Pty Ltd., Smartlinx LLC, Intrigma Inc., Connecteam Inc., ShiftCare, Shiftboard Inc., ShiftHound Inc., Polaris AI Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=20583&type=smp
What Is Covered In The Nursing Resource Allocation Global Market Report?
•Market Size Forecast: Examine the nursing resource allocation market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the nursing resource allocation market for a structured understanding.
•Key Players Overview: Analyze major players in the nursing resource allocation market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the nursing resource allocation market.
•Segment Contributions: Evaluate how different segments drive overall growth in the nursing resource allocation market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the nursing resource allocation market.
•Industry Challenges: Identify potential risks and obstacles affecting the nursing resource allocation market.
•Competitive Landscape: Review strategic developments in the nursing resource allocation market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Trend Reshaping the Nursing Resource Allocation Market in 2025: Innovative Nurse And Staff Workforce Management Solution to Enhance Scheduling and Staff Utilization here
News-ID: 3938123 • Views: …
More Releases from The Business Research Company
Key Drivers Reshaping the Purvalanol A (CDK Inhibitor) Market: Increasing Preval …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Purvalanol A (CDK Inhibitor) Market Size Growth Forecast: What to Expect by 2025?
The market size for purvalanol A (CDK inhibitor) has witnessed a substantial expansion in the past few years. It is projected to escalate from $0.58 billion in 2024 to $0.64 billion in 2025, with a compound…
Growing Emphasis On Personalized Medicine Driving The Market Due To Advances In …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Polygenic Risk Score Services Market Size Growth Forecast: What to Expect by 2025?
The market size for polygenic risk score services has seen considerable growth in recent years. Anticipated to increase from $1.24 billion in 2024 to $1.45 billion in 2025, it projects a compound annual growth rate (CAGR)…
Future of the Global Pharmaceutical Unit-Dose Packaging Market: Trends, Innovati …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pharmaceutical Unit-Dose Packaging Market Size Growth Forecast: What to Expect by 2025?
The market size of the pharmaceutical unit-dose packaging industry has experienced quick expansion in the recent past. The market, valued at $48.78 billion in 2024, is projected to rise to $54.50 billion in 2025, reflecting a compound…
Personal Care Product Testing Market Poised to Hit $10.37 Billion by 2029 with A …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Personal Care Product Testing Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for personal care product testing has seen robust growth. It's projected to increase from $7.28 billion in 2024 to $7.84 billion in 2025, with a compound annual growth…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
