A healthcare LMS (Learning Management System) is an e-learning solution that addresses the requirements of healthcare institutes, hospitals, and healthcare professionals. This helps medical institutes and companies to provide education, training, and accreditation for their residents and employees effectively at affordable prices. Several doctors and other medical practitioners have adopted healthcare LMS to stay updated with the changing medical guidelines, standards, and procedures, and evolving healthcare industry.
The convenience of learning from anywhere and availability of wide range of healthcare courses, with interactive training modules fuels the demand of the global healthcare learning management system market. In addition, these courses can be customized based on the current trend and upcoming innovation in the healthcare industry. It also provides with self-assessing tools to monitor the progress of the learner. These are some more factors contributing to the global market growth.
The healthcare industry has witnessed an exponential growth after the outbreak of COVID-19 pandemic, driving the global healthcare learning management system market. Distinct changes in education with respect to guidelines and protocols during surgeries and patient interaction are some of the propelling factors behind market development. However, non availability of steady internet connections, improper management, and non-availability of the trainer are some of the hindering factors for the market growth.
The global healthcare learning management system market is categorized into deployment, delivery mode, component, and region. In terms of component, the global market is bifurcated into solution/platforms and services. On the basis of delivery mode, the global market is divided into instructor-led training, blended learning, and distance learning. Base on deployment, the market is bifurcated into cloud and on-premise.
Geographically, North America is foreseen to lead among the regions during the forecast period. This can be credited to the revolutionized earning methodologies, increased adoption of e-learning solutions, and advancement in technology. These factors are foreseen o boost the demand in the global healthcare learning management system market. Also, increased mergers and acquisitions among the regional players are also contributing to market expansion. In addition, Europe and Asia Pacific regions are also likely to project significant growth in the coming years, as these regions are increasingly providing Massive Online Open Courses (MOOCs), with improved internet facilities.
Leading organizations in the global Healthcare Learning Management System Market are ADP Inc., Adobe Systems Inc., Articulate Global, Inc., Cerner Corporation, Canvas Network (Instructure, Inc.), Elsevier, GE Healthcare, HealthStream, Inc., Oracle Corporation, Infor Inc., PeopleFluent, iSpring Solutions Inc., SAP SE, and Paradiso Solutions. Recently, HealthStream, a provider of workforce and provider solutions for the healthcare industry, acquired myClinicalExchange LLC. It is a Denver-based IT company. The main agenda behind the acquisition was to let more number of allied healthcare students, medicals, and nurses to join their network. This aims to improve their careers graph and provide new opportunities in the industry.