Report ID: SQMIC35C2025
Report ID:
SQMIC35C2025 |
Region:
Country |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
76
U.S. Healthcare Staffing Market size was valued at USD 21.27 billion in 2019 and is poised to grow from USD 22.5 billion in 2023 to USD 34.7 billion by 2031, growing at a CAGR of 5.66% in the forecast period (2024-2031).
Continuous rise in the number of geriatric population with an increase in life expectancy and lack of skilled nursing staff in the country are major factors expected to drive the growth of the market during the forecast period. For instance, according to the U.S. Census Bureau, numbers of adult aged over 65 years is expected to grow by 80% between 2020 to 2030. People aged over 65 years are more likely to have stay in the hospital and twice is likely to visit physician’s office, as compared to rest of the population.
Moreover, an extensive rise in the number of non-government and government hospitals, acute care centers, long term care centers, and several other medical facilities in the country is projected to boost the demand and growth of the market at a significant growth rate over the forecast period. According to the American Hospital Association, the number of hospitals in the United States was 6,090 in the year 2020. And, setting up new hospital infrastructure requires high employment of trained medical staff, that is likely to have a positive impact on the market growth.
Furthermore, various types of benefits like flexible work hours, high compensation, opportunity to travel, and higher exposer to several medical exposures are key factors due to which demand and preference for various staffing service as a career option is rapidly increasing. According to our findings, average salary of a full-time nurse in the United States ranges from USD 50,000 to USD 60,000, however, some nurses like per diem nurses can get as high as USD 90,000 to USD 100,000.
US Healthcare Staffing Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIC35C2025