PUBLISHER: Grand View Research | PRODUCT CODE: 1493429
PUBLISHER: Grand View Research | PRODUCT CODE: 1493429
The global medical scheduling software market size is anticipated to reach USD 749.87 million by 2030 and is expected to grow at a CAGR of 13.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market's growth can be attributed to the growing demand for better provider scheduling software to reduce burnout. In recent years, a shortage of healthcare professionals has led to burnout among physicians and nurses. For instance, the U.S. Bureau of Labor Statistics has projected that over 275,000 nurses will be required between 2020 and 2030. In addition, the National Council of State Boards of Nursing (NCSBN) has recently reported that 100,000 registered nurses have left the profession since 2020.
In addition, increasing strategic initiatives by key market players will supplement market growth. NexHealth, a platform that aims to enhance patient experience, has recently raised USD 125 million in series C funding. As a result, the startup's valuation has now reached USD 1 billion. NexHealth provides a hassle-free digital experience to patients by streamlining tasks such as scheduling and messaging while simultaneously automating administrative processes for healthcare professionals such as doctors and dentists. Furthermore, increasing internet users and a growing population will escalate market growth. For instance, as per the Internet World Stats, as of July 2022, there were 5,475.9 million Internet users in Europe.