The global healthcare staffing market is envisioned to garner $89,763.9 million by 2031, growing from $40,080 million in 2021 at a CAGR of 8.9% from 2022 to 2031.
The rise in significant need for healthcare staffing providers has been produced by severe labor supply and demand imbalances, increased clinician turnover, and increased healthcare usage. Hospitals continue to face severe staffing shortages even with the impact of COVID-19. For instance, according to Quartz, 24% of American hospitals reported a severe staffing shortage in January 2021, underscoring the necessity for a quick expansion of the healthcare staffing market. All these factors are estimated to drive market growth and demand during the forecast period.
The working of healthcare staff is stressful as hours are long, and spare time is scarce. It might be difficult to maintain a balance between time spent with patients and time spent on other work. For many healthcare professionals, long hours are normal as in reality the average American employed in the healthcare industry works about 16 more hours per week than the typical American worker. Such factors are estimated to limit the market growth during the forecast period.
Investors find the healthcare staffing industry to be very appealing because they may use their resources and strategic knowledge to assemble the highly competitive
decentralized industry. Strategic groupings and private equity firms both see expanding healthcare staffing companies as promising investment targets. Scaling up operations gives businesses a competitive edge, enabling them to take advantage of growing brand recognition, more effective recruiting Strategies, technological advancements, and a wider range of service offerings. These factors are driving the global demand for healthcare staffing market share.
The COVID-19 pandemic brought several uncertainties, leading to severe economic losses as various businesses across the world were at a standstill. The COVID-19 pandemic negatively impacted the manufacturing and supply chain & logistics industries. It also adversely affected the healthcare business. The implementation of social distancing norms and the modification of standard operating protocols have impeded the daily operations of several healthcare facilities around the world. The healthcare staffing market is growing as a result of major efforts made by healthcare providers and market stakeholders. The shortage of healthcare employees has created new opportunities for global healthcare providers. During the COVID-19 pandemic, numerous hospitals engaged temporary medical personnel from medical staffing firms.
The key players profiled in this report include AMN Healthcare, Envision Healthcare Corporation, CHG Management, Inc., Maxim Healthcare Group, Cross Country Healthcare, Inc., Trustaff, Aya Healthcare, Teamhealth, Adecco Group, and Locumtenens.Com
The rise in significant need for healthcare staffing providers has been produced by severe labor supply and demand imbalances, increased clinician turnover, and increased healthcare usage. Hospitals continue to face severe staffing shortages even with the impact of COVID-19. For instance, according to Quartz, 24% of American hospitals reported a severe staffing shortage in January 2021, underscoring the necessity for a quick expansion of the healthcare staffing market. All these factors are estimated to drive market growth and demand during the forecast period.
The working of healthcare staff is stressful as hours are long, and spare time is scarce. It might be difficult to maintain a balance between time spent with patients and time spent on other work. For many healthcare professionals, long hours are normal as in reality the average American employed in the healthcare industry works about 16 more hours per week than the typical American worker. Such factors are estimated to limit the market growth during the forecast period.
Investors find the healthcare staffing industry to be very appealing because they may use their resources and strategic knowledge to assemble the highly competitive
decentralized industry. Strategic groupings and private equity firms both see expanding healthcare staffing companies as promising investment targets. Scaling up operations gives businesses a competitive edge, enabling them to take advantage of growing brand recognition, more effective recruiting Strategies, technological advancements, and a wider range of service offerings. These factors are driving the global demand for healthcare staffing market share.
The COVID-19 pandemic brought several uncertainties, leading to severe economic losses as various businesses across the world were at a standstill. The COVID-19 pandemic negatively impacted the manufacturing and supply chain & logistics industries. It also adversely affected the healthcare business. The implementation of social distancing norms and the modification of standard operating protocols have impeded the daily operations of several healthcare facilities around the world. The healthcare staffing market is growing as a result of major efforts made by healthcare providers and market stakeholders. The shortage of healthcare employees has created new opportunities for global healthcare providers. During the COVID-19 pandemic, numerous hospitals engaged temporary medical personnel from medical staffing firms.
The key players profiled in this report include AMN Healthcare, Envision Healthcare Corporation, CHG Management, Inc., Maxim Healthcare Group, Cross Country Healthcare, Inc., Trustaff, Aya Healthcare, Teamhealth, Adecco Group, and Locumtenens.Com
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the healthcare staffing market analysis from 2021 to 2031 to identify the prevailing healthcare staffing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the healthcare staffing market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global healthcare staffing market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Type
- Allied Healthcare Staffing
- Per Diem Nurse Staffing
- Travel Nursing
- Locum Tenens Staffing
- Hospitals
- Clinics
- Clients
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- trustaff
- Adecco Group
- AMN Healthcare Services Inc.
- Maxim Healthcare Group
- Aya Healthcare
- teamhealth
- locumtenens.com
- Envision Healthcare Corporation
- CHG Management, Inc
- Cross Country Healthcare, Inc.
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Market Share Analysis
3.8. Patent Landscape
3.9. Regulatory Guidelines
3.10. Value Chain Analysis
CHAPTER 4: HEALTHCARE STAFFING MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Allied Healthcare Staffing
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Per Diem Nurse Staffing
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Travel Nursing
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Locum Tenens Staffing
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
CHAPTER 5: HEALTHCARE STAFFING MARKET, BY END-USER
5.1. Overview
5.1.1. Market size and forecast
5.2. Hospitals
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Clinics
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Clients
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Others
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
CHAPTER 6: HEALTHCARE STAFFING MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by End-user
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by End-user
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by End-user
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by End-user
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by End-user
6.3.4. Market size and forecast, by country
6.3.4.1. UK
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by End-user
6.3.4.2. Germany
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by End-user
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by End-user
6.3.4.4. Spain
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by End-user
6.3.4.5. Italy
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by End-user
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by End-user
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by End-user
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by End-user
6.4.4.2. Japan
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by End-user
6.4.4.3. India
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by End-user
6.4.4.4. South Korea
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by End-user
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by End-user
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by End-user
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by End-user
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by End-user
6.5.4.2. Saudi Arabia
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by End-user
6.5.4.3. UAE
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by End-user
6.5.4.4. South Africa
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by End-user
6.5.4.5. Rest of LAMEA
6.5.4.5.1. Key market trends, growth factors and opportunities
6.5.4.5.2. Market size and forecast, by Type
6.5.4.5.3. Market size and forecast, by End-user
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. AMN Healthcare Services Inc.
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.2. Maxim Healthcare Group
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.3. Aya Healthcare
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.4. teamhealth
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.5. locumtenens.com
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.6. Envision Healthcare Corporation
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.7. CHG Management, Inc
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.8. Cross Country Healthcare, Inc.
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.9. trustaff
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.10. Adecco Group
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
List of Tables
Table 01. Global Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. Healthcare Staffing Market for Allied Healthcare Staffing, by Region, 2021-2031 (Revenue, $Million)
Table 03. Healthcare Staffing Market for Per Diem Nurse Staffing, by Region, 2021-2031 (Revenue, $Million)
Table 04. Healthcare Staffing Market for Travel Nursing, by Region, 2021-2031 (Revenue, $Million)
Table 05. Healthcare Staffing Market for Locum Tenens Staffing, by Region, 2021-2031 (Revenue, $Million)
Table 06. Global Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 07. Healthcare Staffing Market for Hospitals, by Region, 2021-2031 (Revenue, $Million)
Table 08. Healthcare Staffing Market for Clinics, by Region, 2021-2031 (Revenue, $Million)
Table 09. Healthcare Staffing Market for Clients, by Region, 2021-2031 (Revenue, $Million)
Table 10. Healthcare Staffing Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 11. Healthcare Staffing Market, by Region, 2021-2031 (Revenue, $Million)
Table 12. North America Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 13. North America Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 14. North America Healthcare Staffing Market, by Country, 2021-2031 (Revenue, $Million)
Table 15. U.S. Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 16. U.S. Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 17. Canada Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 18. Canada Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 19. Mexico Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 20. Mexico Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 21. Europe Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 22. Europe Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 23. Europe Healthcare Staffing Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. UK Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 25. UK Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 26. Germany Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 27. Germany Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 28. France Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 29. France Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 30. Spain Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 31. Spain Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 32. Italy Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 33. Italy Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 34. Rest of Europe Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 35. Rest of Europe Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 36. Asia-Pacific Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 37. Asia-Pacific Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 38. Asia-Pacific Healthcare Staffing Market, by Country, 2021-2031 (Revenue, $Million)
Table 39. China Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 40. China Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 41. Japan Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 42. Japan Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 43. India Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 44. India Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 45. South Korea Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. South Korea Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 47. Australia Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 48. Australia Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 49. Rest of Asia-Pacific Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 50. Rest of Asia-Pacific Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 51. LAMEA Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. LAMEA Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 53. LAMEA Healthcare Staffing Market, by Country, 2021-2031 (Revenue, $Million)
Table 54. Brazil Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 55. Brazil Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 56. Saudi Arabia Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 57. Saudi Arabia Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 58. UAE Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 59. UAE Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 60. South Africa Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 61. South Africa Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 62. Rest of LAMEA Healthcare Staffing Market, by Type, 2021-2031 (Revenue, $Million)
Table 63. Rest of LAMEA Healthcare Staffing Market, by End-user, 2021-2031 (Revenue, $Million)
Table 64. Amn Healthcare Services Inc.: Key Executives
Table 65. Amn Healthcare Services Inc.: Company Snapshot
Table 66. Maxim Healthcare Group: Key Executives
Table 67. Maxim Healthcare Group: Company Snapshot
Table 68. Aya Healthcare: Key Executives
Table 69. Aya Healthcare: Company Snapshot
Table 70. Teamhealth: Key Executives
Table 71. Teamhealth: Company Snapshot
Table 72. Locumtenens.Com: Key Executives
Table 73. Locumtenens.Com: Company Snapshot
Table 74. Envision Healthcare Corporation: Key Executives
Table 75. Envision Healthcare Corporation: Company Snapshot
Table 76. Chg Management, Inc.: Key Executives
Table 77. Chg Management, Inc.: Company Snapshot
Table 78. Cross Country Healthcare, Inc.: Key Executives
Table 79. Cross Country Healthcare, Inc.: Company Snapshot
Table 80. Trustaff: Key Executives
Table 81. Trustaff: Company Snapshot
Table 82. Adecco Group: Key Executives
Table 83. Adecco Group: Company Snapshot
List of Figures
Figure 01. Healthcare Staffing Market, 2021-2031
Figure 02. Segmentation of Healthcare Staffing Market, 2021-2031
Figure 03. Top Investment Pockets in Healthcare Staffing Market (2022-2031)
Figure 04. Porter Five-1
Figure 05. Porter Five-2
Figure 06. Porter Five-3
Figure 07. Porter Five-4
Figure 08. Porter Five-5
Figure 09. Drivers, Restraints and Opportunities: Globalhealthcare Staffing Market
Figure 10. Impact of Key Regulation: Healthcare Staffing Market
Figure 11. Market Share Analysis: Healthcare Staffing Market
Figure 12. Patent Analysis by Company
Figure 13. Patent Analysis by Country
Figure 14. Regulatory Guidelines: Healthcare Staffing Market
Figure 15. Value Chain Analysis: Healthcare Staffing Market
Figure 16. Healthcare Staffing Market, by Type, 2021(%)
Figure 17. Comparative Share Analysis of Healthcare Staffing Market for Allied Healthcare Staffing, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Healthcare Staffing Market for Per Diem Nurse Staffing, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Healthcare Staffing Market for Travel Nursing, by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Healthcare Staffing Market for Locum Tenens Staffing, by Country 2021-2031(%)
Figure 21. Healthcare Staffing Market, by End-user, 2021(%)
Figure 22. Comparative Share Analysis of Healthcare Staffing Market for Hospitals, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Healthcare Staffing Market for Clinics, by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Healthcare Staffing Market for Clients, by Country 2021-2031(%)
Figure 25. Comparative Share Analysis of Healthcare Staffing Market for Others, by Country 2021-2031(%)
Figure 26. Healthcare Staffing Market by Region, 2021
Figure 27. U.S. Healthcare Staffing Market, 2021-2031 ($Million)
Figure 28. Canada Healthcare Staffing Market, 2021-2031 ($Million)
Figure 29. Mexico Healthcare Staffing Market, 2021-2031 ($Million)
Figure 30. UK Healthcare Staffing Market, 2021-2031 ($Million)
Figure 31. Germany Healthcare Staffing Market, 2021-2031 ($Million)
Figure 32. France Healthcare Staffing Market, 2021-2031 ($Million)
Figure 33. Spain Healthcare Staffing Market, 2021-2031 ($Million)
Figure 34. Italy Healthcare Staffing Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Healthcare Staffing Market, 2021-2031 ($Million)
Figure 36. China Healthcare Staffing Market, 2021-2031 ($Million)
Figure 37. Japan Healthcare Staffing Market, 2021-2031 ($Million)
Figure 38. India Healthcare Staffing Market, 2021-2031 ($Million)
Figure 39. South Korea Healthcare Staffing Market, 2021-2031 ($Million)
Figure 40. Australia Healthcare Staffing Market, 2021-2031 ($Million)
Figure 41. Rest of Asia-Pacific Healthcare Staffing Market, 2021-2031 ($Million)
Figure 42. Brazil Healthcare Staffing Market, 2021-2031 ($Million)
Figure 43. Saudi Arabia Healthcare Staffing Market, 2021-2031 ($Million)
Figure 44. UAE Healthcare Staffing Market, 2021-2031 ($Million)
Figure 45. South Africa Healthcare Staffing Market, 2021-2031 ($Million)
Figure 46. Rest of LAMEA Healthcare Staffing Market, 2021-2031 ($Million)
Figure 47. Top Winning Strategies, by Year
Figure 48. Top Winning Strategies, by Development
Figure 49. Top Winning Strategies, by Company
Figure 50. Product Mapping of Top 10 Players
Figure 51. Competitive Dashboard
Figure 52. Competitive Heatmap: Healthcare Staffing Market
Figure 53. Top Player Positioning, 2021
Executive Summary
According to the report titled, 'Healthcare Staffing Market,' the healthcare staffing market was valued at $40.1 billion in 2021, and is estimated to reach $89.8 billion by 2031, growing at a CAGR of 8.9% from 2022 to 2031.The healthcare staffing business includes a broad range of firms that provide additional staffing to healthcare centers as well as licensed nursing employees, training, and unlicensed staff to home healthcare agencies. Healthcare staffing organizations recruit healthcare providers for professions such as physicians, nurses, and allied healthcare professionals. They offer direct independent evaluation-to-hire, contracting, retained search, permanent and temporary placement, and other services.
Key factors that drive the growth of the healthcare staffing market include the rise in the increasing elderly population and the rising demand for healthcare staff because people older than 65 generally need more medical care. The shortage of doctors and nurses is yet another important issue for this industry's future growth. As hospitals and ambulatory surgical care centers face increasing surgery workloads, healthcare workers play an important role in resolving procedural backlogs and ensuring optimal patient outcomes. However, staffing has remained a serious concern for healthcare providers, leading to increased use of outsourced providers. Furthermore, with an increasing number of healthcare workers reaching retirement age, specialist staffing providers are likely to see long-term demand from healthcare delivery organizations. These factors drive the market growth during the forecast period. However, burnout of healthcare workers and the rising use of artificial intelligence and robotics in the healthcare industry are limiting industry growth. However, sudden out break of the COVID-19 pandemic has boosted the global demand for the healthcare staffing in the recent years.
The healthcare business has seen an unprecedented rise in demand for medical services as a result of demographic changes such as an older population, higher life expectancy, and an increase in the incidence of chronic diseases that require ongoing treatment. A growing understanding of the value of optimal healthcare has been crucial to the development of this industry. Another development in the sector is on utilizing technology to provide clients who require quick treatment and coverage with better care and coverage. Major healthcare staffing companies now employ top programmers and analysts to develop new software applications, mobile apps, and other practical tools to make sure all the healthcare staffing data is delivered where it needs to go in the most effective manner.
The healthcare staffing market is segmented on the basis of type, end user, and region. On the basis of type, it is divided into allied healthcare staffing, per diem nurse staffing, travel nursing, and locum tenens staffing. the allied healthcare staffing accounted for the highest market share in 2021 and is anticipated to continue its dominance over the forecast period. These professionals are majorly work in hospitals in various sections such as diagnostic specialists, technical persons, and support services along with others. Moreover, the clinical subsegment is projected to grow at the fastest CAGR over the forecast period. This is majorly expected to be driven by rising physician demand as well as an expanding wide network of clinics. The COVID-19 pandemic also resulted in a shortage of nurses in clinics. Clinics were having trouble finding qualified medical staff as a result.
According to end user, it is classified into hospitals, clinics, clients, and others. The hospitals sub-segment held the highest market share in 2021 and dominance is majorly due to the high number of healthcare staffing used in the end-use sector.
Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA). The Asia-Pacific region is anticipated to grow at the fastest CAGR during the forecast period. The fact that contract hire does not come with the obligations associated with permanent employment may be a contributing factor in the growing demand. Additionally, the hiring process is quicker and there is a larger pool of candidates available to recruiters in this region.
The key players profiled in the study include AMN Healthcare, Envision Healthcare Corporation, CHG Management, Inc., Maxim Healthcare Group, Cross Country Healthcare, Inc., Trustaff, Aya Healthcare, Teamhealth, Adecco Group, and Locumtenens.Com. The players in the market are actively engaged in the adoption of various Strategies such as acquisitions, product launches, and expansion to remain competitive and gain advantage over competitors in the market.
Key Market Insights
On the basis of type, the allied healthcare staffing segment had a dominating market share in 2021 and locum tenens is the fastest growing segment.On the basis of end user, the hospitals segment had a dominating market share in 2021.
On the basis of region, North America was the highest revenue contributor in 2021.
Companies Mentioned
- trustaff
- Adecco Group
- AMN Healthcare Services Inc.
- Maxim Healthcare Group
- Aya Healthcare
- teamhealth
- locumtenens.com
- Envision Healthcare Corporation
- CHG Management, Inc
- Cross Country Healthcare, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
