Loyalty Management Market Size Is Poised To Reach USD 20.44 Billion By 2030

Posted by Neha Bora on August 17th, 2022

San Francisco, 17 Aug 2022: The Report Loyalty Management Market Size, Share & Trends Analysis Report By Component, By Software, By Deployment, By Organization, By Industry Vertical, By Region, And Segment Forecasts, 2022 - 2030

The global healthcare staffing market size is expected to reach USD 62.8 billion by 2030, registering a CAGR of 6.89% over the forecast period, based on a new report by Grand View Research, Inc. The market is being driven by the increased demand for temporary nursing workers, particularly among the elderly, aiding the market growth in the coming years. The healthcare system currently is under pressure owing to the large geriatric population and increasing access to public health. This is increasing the focus on having well-trained healthcare staff in place. However, numerous countries are facing a shortage of healthcare staff. The gap between the healthcare demand and the supply of nurses and doctors in the healthcare system is widening.

The WHO estimates that there is a global shortage of 4.3 million physicians, nurses, and other health professionals. The scarcity is often starkest in developing countries due to the limited capacity and number of medical schools. Furthermore, the adoption of workforce solutions and an increase in demand for healthcare services, particularly at specialty hospitals & inpatient facilities, are likely to drive the market growth. During the COVID-19 pandemic, demand for staffing services and workforce technology solutions increased dramatically. The increasing incidence of COVID-19 infections significantly fueled the demand for travel and per diem nurses.

According to a poll conducted by Avant Healthcare Professionals, 90% of the medical facilities accepted using travel nurses for management of COVID-19 patients in 2020, compared to less than 60% in 2019. On the other hand, the demand for locum tenens specialists and allied health professionals decreased due to the cancellation of elective surgeries. North America held the majority of the market share in 2021. The market is witnessing a continuous increase in demand for healthcare professionals and a lack of skilled professionals at the same time. This rising shortage of healthcare workers is expected to have a direct impact on their salaries, resulting in a significant increase in salaries for various healthcare professionals, such as nurses

Access Research Report of Loyalty Management Market @ https://www.grandviewresearch.com/industry-analysis/loyalty-management-market-report

Loyalty Management Market Report Highlights

• The software segment dominated the market in 2021 with a revenue share of 50%
• The cloud-based segment is expected to grow significantly over the forecast period as this type of deployment offers various benefits, such as cost-saving and agility
• The large enterprise segment dominated the market in 2021 as large enterprises belonging to various industries and industry verticals emphasized launching loyalty programs as part of the efforts to retain customers
• The growth of the Asia Pacific regional market can be attributed to the rapid economic development of emerging economies, such as India and China

List of Key Players in the Loyalty Management Market

• AIMIA
• BREIRLEY+PARTNERS
• Comarch
• Fivestars
• ICF Next
• Lacek Group
• Oracle Corporation
• SAP SE

 Access Press Release of Loyalty Management Market @ https://www.grandviewresearch.com/press-release/global-loyalty-management-market