A recent report published by
Infinium Global Research on healthcare learning management system market
provides in-depth analysis of segments and sub-segments in the global as well
as regional healthcare learning management system market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional healthcare learning management system market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global healthcare learning management
system market. According to the report, the global healthcare learning
management system market is projected to reach over USD 8.5 Billion in 2026
from USD 4 Billion with a CAGR of 13.5% over the forecast period of 2020-2026.
Healthcare learning management
systems (LMS) are designed to deal with the needs and requirements of
healthcare organizations hospitals, and medical practices. It enables medical
organizations and institutions to give continuous education, training, and
accreditation to their students or employees in a cost-effective and efficient
manner. LMS is a software solution that manages the administration, monitoring,
and reporting of online courses and training programs within an organization.
It serves as a virtual classroom where teachers can interact with their
students or employees and conduct online learning activities.
The increasing adoption of digital
learning is a key driving factor for the healthcare learning management system
market. The accessibility of LMS is one of the reasons many healthcare
professionals use this learning system. A report published by the WHO finds
that eLearning for healthcare professionals is more effective than traditional
learning environments. This is most likely due to the abundance of features
that healthcare learning management systems contain. Further, the increasing
usage of Artificial Intelligence (AI) and Machine Learning (ML) in healthcare
learning management systems is escalating the significance of eLearning in
corporate and academic setups. However, the lack of practical knowledge in
eLearning education hampers the growth healthcare learning management system
market.
Going forward the technological
advancement in the healthcare sector is expected to lead the healthcare
learning management system market in the near future. As the COVID-19 situation
remains a threat to everyone’s health and safety, the LMS system will ensure
that education can carry on while also ensuring the efficiency of online
learning. It is becoming increasingly essential that companies give their staff
the option of working remotely as the COVID-19 pandemic advances. Many
government officials have urged companies to allow as many employees as
possible to work from home which is also increasing the demand for LMS systems.
Among the Geographies, North
America dominated the global healthcare learning management system market
followed by Europe. The U.S is the main region driving the growth for LMS
systems in the North America region. The key driving factor in this region is
an increase in the usage of eLearning tools and technological advancement in
learning methodologies. Asia-Pacific region is expected to witness the highest
growth in the healthcare learning management system market in the near future.
Rapidly growing population along with increased disposable income, the
initiative was taken by the government organizations to provide scholarships
are some factors that are escalating the growth of this market in the
Asia-Pacific region.
The report on global healthcare
learning management system market covers segments such as component,
deployment, and delivery mode. On the basis of component, the sub-markets
include delivery mode, and services. On the basis of deployment, the
sub-markets include on premise, and cloud. On the basis of delivery mode, the
sub-markets include distance learning, instructor-led training, and blended
learning.
The report provides profiles of
the companies in the market such as Adobe Systems Inc., Cerner Corporation,
Elsevier, ADP Inc., Articulate Global, Inc., Canvas Network (Instructure,
Inc.), GE Healthcare, HealthcareSource HR, Inc., HealthStream, Inc., Infor Inc.,
and Oracle Corporation.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of healthcare learning management system market. Moreover, the study
highlights current market trends and provides forecast from 2020-2026. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.