The increased role of hospitals during COVID-19 pandemic, attending to every patient’s need, ensuring that the staff is not overworked has given a boost to Nurse Scheduling Software Market.
Covid-19 impact on Nurse scheduling software Market
During COVID-19 pandemic’s initial days and especially the second wave cause havoc in the healthcare sector. Doctors and nurses were overburdened and stressed which ultimately led to burnouts, insomnia, mental health issues, family stress and other critical things. Many hospitals who drew their schedule manually understood that they need a proper system which relaxes the staff. Many hospitals worldwide shifted to the Nurse Scheduling Software and saw improved results in the working of the staff. It helps in dealing with the panic as work is done efficiently without any obstacle. It gave them the flexibility to adjust their schedules and swap shifts with colleagues without any obstacle. The nurse scheduling software has definitely provided a favourable ambience to work in.
By Application, Hospitals are expected to dominate the market share
Hospitals serve a big chunk of population when compared to clinics. It can be noted that during pandemic, hospitals played a huge role in treating patients and were getting full in a day especially during the second wave. To handle the patients effectively, more hospitals opted for the Nurse scheduling software and contributed significantly to its growth. It is expected that hospitals will boost the demand further in the forecasted period.
By Region, Europe is expected to contribute to market’s growth significantly
Many countries in Europe have one of the best healthcare systems in the world. They make use of the technology in the best way possible. The demand for Nurse scheduling software is high in Europe which helps them to function smoothly and efficiently. It is expected that the demand for Nurse scheduling software will further rise in the forecasted period.
Nurse Scheduling Software helps solve the problem of assigning nurses manually to correct places at the correct time and ensuring that their terms and conditions are also met. It ensures that the nurses are not overworked which further helps in increasing their productivity and a positive experience for the patient. Nurse Scheduling Software ensures smooth and efficient working within the organization and avoids any confusion regarding the staff schedule. It helps to make changes in the schedule immediately as and when it is needed as well as notifies the staff.
Reports claim that earlier there was generally a high turnover rate for nurses due to reasons like compromised health, developing a disease, insomnia, and many other reasons. The advent of Nurse Scheduling Software has helped in reducing the turnover rates for nurses significantly. The purpose of Nurse Scheduling Software is to assign different shifts to nurses so that they can take adequate rest in an environment where patients are treated 24*7. In the projected timeframe, 2021-2028, the global nurse scheduling software market is poised to cross over USD 520 million at a decent CAGR of 13%.
During the COVID-19 pandemic, healthcare workers were overburdened and overworked as many doctors were also affected. This led to many health problems as well as patients not getting treated at the right time. Therefore, usage of Nurse Scheduling Software became inevitable for healthcare sector, especially hospitals, and led to a rise in growth in this market. It helped to formulate balanced shifts for nurses and give them adequate time to recover for the next shift.
The obstacle in the further growth here in this market is the lack of human resources i.e. nurses in some countries. If there is a lack of nurses the purpose of Nurse Scheduling Software is destroyed. Due to the lack of nurses, even if Nurse Scheduling Software is applied the nurses still have to overwork to treat the patients and face several disorders leading to decreased productivity. Governments of various countries can subsidize the fees required to be paid in a Nurse course and can help many students come forward and contribute to the healthcare system. Other similar solutions can be worked out to overcome this problem.
Also, there is lack of awareness regarding the Nurse Scheduling Software market. Many hospitals still use the manual system of drawing schedules which is cumbersome. Market players need to target their audience and make them understand its advantages.
The key manufacturers of the nurse scheduling software are Intrigma , Kronos Incorporated, Nurse Grid, Staff Bridge Technology, SNAP Schedule (Business Management Systems) , SmartLinx, TimeClock Plus (DMI) and others among the various manufacturers . This sector has seen new entrants during the COVID-19 Pandemic as well as a rise in investments. There is a lot of potential in this market and the software can be improvised keeping in mind the purpose of Nurse Scheduling.
Recent Developments: Global Nurse Scheduling Software Market
- In the coming years, an automated nurse scheduling model under ROTA is likely to be implemented to streamline the outcome of nurse scheduling software. The features that ROTA integrated nurse scheduling software is likely to include comprise automated nurse face sheets, daily allotment, rotations of schedules, training details and the like.
Nurse Scheduling Software Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 520 million|
|Growth Rate||CAGR of 13% during 2021-2028|
|Segment Covered||By Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Intrigma , Kronos Incorporated, Nurse Grid, Staff Bridge Technology, SNAP Schedule (Business Management Systems) , SmartLinx, TimeClock Plus (DMI) and others among the various manufacturers .|
Key Segments of the Nurse Scheduling Software Market
Regional Overview,2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa