USD 36.2 billion
Report ID:
SQMIG35D2048 |
Region:
Global |
Published Date: October, 2024
Pages:
241
|Tables:
65
|Figures:
75
Healthcare Staffing Market size was valued at USD 38.9 Billion in 2023 and is poised to grow from USD 41.55 Billion in 2024 to USD 70.38 Billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032).
The global increase in demand for healthcare jobs is driving growth in the healthcare staffing industry. Since the onset of COVID-19, the healthcare staffing industry has experienced remarkable development. As the number of patients worldwide increased, there was a greater need than ever before for healthcare professionals. Healthcare staffing offers a wide range of services, such as determining who is eligible, using technology to look up candidates' and workers' credentials, assessing skills, verifying licenses and certifications, and carrying out any additional screening procedures. A medical staffing company's dedication to offering services of a higher calibre is demonstrated by their accreditation.
The market is expected to grow significantly as the number of government and non-government hospitals, acute care centres, long-term care institutions, and other healthcare systems rises. More hospitals have been built as a result of better healthcare infrastructure and more funding for public health. To promote better treatment, new regulations are expected to empower connected professionals—particularly nurses—to take the lead as the patient's main advocate by launching health plans. Individuals' right to make educated healthcare decisions is respected and promoted by these policies. The global healthcare staffing market is expected to increase because of all these factors.
US Healthcare Staffing Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 36.2 billion
Largest Segment
Locum Tenens Staffing
Fastest Growth
Locum Tenens Staffing
Growth Rate
6.93% CAGR
To get more reports on the above market click here to Buy The Report
Global Healthcare Staffing Market is segmented by Service type, End Use, and region. Based on Service Type, the market is segmented into Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenens Staffing, and Allied Healthcare Staffing. Based on End Use, the market is segmented into Hospitals, Clinics, Ambulatory Facilities, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Type
As per categorization by type, the market is classified as allied healthcare staffing, per diem nurse staffing, travel nursing, and locum tenens staffing. Among these, allied healthcare staffing earned the largest share and continue to hold the dominant global healthcare staffing market share. Allied healthcare staffing is on the ascent in the worldwide healthcare staffing market owing to the increasingly specialized nature of healthcare professionals such as radiographers, physiotherapists, and lab assistants. These professionals are important to core medical teams and assist in ensuring that the flow of activities within a healthcare facility is consistent. The reasons for the growth of allied healthcare staffing include the increasing elderly population, changes in healthcare provision, and the need to customize staff, which provides hospitals and clinics with a highly skilled workforce to fill the gaps caused congested patient care settings.
Per diem nurse staffing is set to become the fastest-growing segment in the global healthcare staffing market due to its flexibility and cost-effectiveness. In recent years, healthcare organizations have been employing per diem nurses more and more to meet the temporary patient care needs or adjust patient care levels due to busy times, without the need to hire full-timers. This approach allows hospitals, clinics, and other medical facilities to run cost effectively while lessening the risks incurred with overheads on full-time staff. The expansion of this segment is however mostly driven by high demand for per diem nurses due to the shortage of nurses as well as the emergence of telemedicine and urgent care centers.
Analysis by End-User
The hospitals segment is a dominant force in the global healthcare staffing market, driven by ongoing innovations in patient care and hospital management systems. Workforce management solutions, scheduling powered by artificial intelligence, or telemedicine services are becoming common in hospitals to ensure the proper balance of staff, enhance productivity, and cut operational expenses. The segment is also growing due to increasing need for skilled human capital such as nurses, physicians, and allied health personnel to administer complex patient requirements. This is due to most hospitals contend with increasing patient loads, the elderly population requires healthcare caregivers, advanced medical professionals for high-quality services, operational safety, and maintains the services disruption free.
The client segment in the global healthcare staffing market is poised for rapid growth, driven by the increasing reliance on external staffing solutions by healthcare organizations. Due to the challenges of workforce shortage, high facility cost turnover and requirement of specialized skills, medical institutions such as hospitals, clinics, and long-term care facilities have resorted to quickly plugging gaps with the services of staffing agencies. controlled group model. Moreover, the rise of healthcare outsourcing and flexible staffing models and the quest for scalable workforce solutions make the client segment a more important one. Looking ahead, the client segment is expected to grow considerably in the near future propelled by the increasing demand among healthcare providers for cost-effective and flexible staffing solutions.
To get detailed analysis on other segments, Request For Free Sample Report
North America is dominating the global healthcare staffing market due to its advanced healthcare infrastructure, high healthcare spending, and the presence of leading healthcare organizations. The region has been experiencing an unprecedented increase in the requirement of clinical personnel, influenced by the growth of the older population, the rise of chronic diseases and conditions, and the patients’ demand for better quality healthcare. Moreover, healthcare staffing solution providers are already entrenched in North America with out-of-the-box creative measures for any workforce gaps that may be experienced. The United States and Canada economies also have supportive regulation on the movement and hiring of workforce, hence the rise of North American healthcare staffing innovation and development.
According to global healthcare staffing market forecast, Europe is the fastest-growing region, due to a combination of an aging population, increasing healthcare demands, and significant advancements in medical technology. As the demand for healthcare providers continues to rise with a particular focus on geriatric care capacity and management of chronic illnesses, several European nations are seeking to develop workforce solutions to curtail the shortages experienced in the sector. Besides, the growth of telehealth and the digital transformation of healthcare have also increased the need for flexible staffing solutions. Health care professional and other skilled health care worker demand continues to grow in EU member states owing to healthcare access policies being implemented thereby causing speedy growth of the global healthcare staffing market in the region.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Healthcare Staffing Market Driver
Rise in Aging Population on Staffing Needs
Expansion of Telehealth Services
Healthcare Staffing Market Restraints
Challenges in Maintaining Workforce Availability
Technological Barriers in Healthcare Staffing
Request Free Customization of this report to help us to meet your business objectives.
The global healthcare staffing market is stirred with extremely competitive factor as several players provide workforce solutions across different sectors. Major global players present in this market comprise AMN Healthcare, Cross Country Healthcare, CHG Healthcare, and Adecco Group. These organizations offer a variety of staffing services including health care staffing agencies temporary staff to permanent personnel recruitment due to the high circulation of health care providers. Factors that motivate competition include technology, flexible staffing schedules and access to highly specialized professionals because of increasing global health care.
Healthcare Staffing Market Top Player's Company Profiles
Healthcare Staffing Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global healthcare staffing industry is experiencing significant growth, driven by factors such as an aging population, rising patient needs, and the increasing demand for healthcare professionals. The sector's expansion is further fueled by innovations in telehealth services and the adoption of advanced staffing technologies.
Even with adverse factors such as employee exhaustion and difficulties in merging existing systems with new technologies, the market is still set to grow further. It is anticipated that the major markets of North America and Europe will retain their lead while other markets will also register growth mainly through innovative staffing solutions such as per diem nurses and allied healthcare professionals.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 36.5 billion |
Market size value in 2031 | USD 65.9 billion |
Growth Rate | 6.8% |
Base year | 2023 |
Forecast period | 2024–2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Healthcare Staffing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Healthcare Staffing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Healthcare Staffing Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Healthcare Staffing Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35D2048
sales@skyquestt.com
USA +1 351-333-4748