Global Medical Talent Management IT Market Size, Share, Forecast Report, 2020-2027

The global Medical Talent Management IT market garnered revenue around USD 991.7 Million in 2019 and projected to reach USD 2.9 Billion in 2027, with at a compound annual growth rate (CAGR) 9% throughout the estimate period from 2020 to 2027. Talent management refers to the process of developing, assessing, and identifying a pool of talent that meets the requirements. It is not just about retaining talent but also about enhancing and building potential, which automatically backs healthcare organizations in meeting the objectives and goals. Different types of software and solutions used for medical talent management include recruiting & onboarding, learning & training, performance management, compensation planning, and succession planning. The growth of the global medical talent management IT market can be attributed to the proliferation of SaaS-based solution and vendors’ capability enhancement. North America dominated the global medical talent management IT market in 2020, and the trend is anticipated to continue during the forecast period. Highly structured healthcare industry, early new software adoption, high penetration rate for medical talent management IT products, and presence of major players are expected to drive the market in North America. Asia Pacific is likely to be a highly lucrative market for medical talent management IT, expanding at a high CAGR during the forecast period.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Medical Talent Management IT market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Medical Talent Management IT market growth.

The global Medical Talent Management IT market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

 Key players in the global market include Oracle, Cornerstone OnDemand, Inc., IBM Corporation, SAP SE, SumTotal Systems, LLC. (SkillSoft Limited), TalentGuard Inc., PeopleFluent, PeopleAdmin, Inc., and Talentsoft.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Medical Talent Management IT Market: Segmentation

• Medical Talent Management IT Market, by Solution
• Recruiting & Onboarding
• Learning & Training
• Performance Management
• Compensation Planning
• Succession Planning
• Medical Talent Management IT Market, by Deployment
• On-premise
• Cloud
• Medical Talent Management IT Market, by Organization Size
• Small and Medium Business (SMB)
• Large Enterprises

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA