The Business Research Company’s report on the Healthcare ERP Consulting Services Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the healthcare erp consulting services industry?
The increase in adoption of ERP systems is expected to propel the growth of the healthcare ERP consulting services market going forward. ERP systems refer to software and systems that are used to plan and manage an organization’s fundamental supply chain, manufacturing, services, finance, and other functions. Healthcare organisations are using the ERP solution to its full potential and leveraging it to increase productivity and efficiency to make crucial decisions for better healthcare consulting outcomes. For instance, in September 2023, according to a report published by Software Connect, a US-based software company, the interest in cloud-based ERP systems surged to 42% in the year 2022. The software purchasing process is most often initiated by company owners and C-suite executives, representing 50.8% of the cases. Therefore, the adoption of an ERP system is driving the growth of the healthcare ERP consulting services market.
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What is the estimated market size of the healthcare erp consulting services sector by 2029, based on current forecasts?
The healthcare erp consulting services market size has grown rapidly in recent years. It will grow from $5.57 billion in 2024 to $6.2 billion in 2025 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to increased integrated data, improved cost control, administrative efficiency, workflow automation, integration of electronic health records.
The healthcare erp consulting services market size is expected to see rapid growth in the next few years. It will grow to $9.44 billion in 2029 at a compound annual growth rate (CAGR) of 11.1%. The growth in the forecast period can be attributed to value-based care models, telehealth expansion, cybersecurity and data protection, sustainability and environmental impact, pandemic preparedness. Major trends in the forecast period include digital transformation roadmaps, cloud-based erp solutions, data analytics integration, patient engagement solutions, ai and machine learning in erp.
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Who are the top players in the healthcare erp consulting services market?
Major companies operating in the healthcare ERP consulting services market include Accenture plc, Deloitte Touche Tohmatsu, PricewaterhouseCoopers, Premier Inc., Workday Inc., Infor Inc., Atos Information Technology GmbH, Avaap USA LLC, Infosys Limited, Allscripts Healthcare LLC, Azalea Health, SAP SE, Wipro Limited, KPMG International Limited, Clarkston Consulting, JDC Systems Innovations, The RockWood Group INC., AIM Solutions, Alithya Group Inc., LeverX International LLC, Panorama Consulting Group, Traust Patrons LLP, Traction Consulting Group, Cognizant Technology Solutions India Private Limited, HCL Technologies, IBM Corporation, Tata Consultancy Services Limited, Tech Mahindra Limited, Ernst & Young Global Limited, McKinsey & Company, Boston Consulting Group, Bain & Company
What are the major trends in the healthcare erp consulting services market?
Major companies operating in the healthcare ERP consulting services market are innovating advanced solutions that include healthcare-specific capabilities, enabling organizations to optimize their operations and improve patient care through tailored enterprise resource planning systems. Healthcare-specific capabilities refer to features and functionalities designed to address the unique needs and requirements of the healthcare industry. For instance, in September 2023, Oracle Corporation, a US-based computer software company launched the Fusion Cloud Applications Suite with new healthcare-specific capabilities aimed at improving operational efficiency and patient care. The healthcare-specific capabilities encompass financial consolidation and reporting, procurement, replenishment planning, and recall management. These features will be integrated into Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Enterprise Performance Management (EPM), and Oracle Fusion Cloud Supply Chain & Manufacturing (SCM).
Which geography holds the highest healthcare erp consulting services market share?
North America was the largest region in the healthcare ERP consulting services market in 2024. The regions covered in the healthcare ERP consulting services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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How do different segments contribute to the overall expansion of the healthcare erp consulting services market?
The healthcare ERP consulting services market covered in this report is segmented –
1) By Functionality: Implementation, Training And Education, Other Functionalities
2) By Deployment: On Premise, Cloud
3) By End-User: Life Science Companies, Healthcare Providers, Other End-Users
Subsegments:
1) By Implementation: System Integration, Configuration, Data Migration
2) By Training and Education: User Training, Administrator Training, Ongoing Education Programs
3) By Other Functionality: Process Optimization, Change Management, Compliance And Regulatory Support
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How is the healthcare erp consulting services market defined?
Healthcare enterprise resource planning (ERP) consulting services refers to the platform that helps healthcare providers with remote access to healthcare resources and reports for patients. Hospitals and other healthcare facilities can profit from healthcare ERP systems in a variety of ways.
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