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Global Healthcare Staffing Market to Reach USD 50.33 Billion by 2032, Driven by Rising Demand and Safety Requirements

05-04-2023 08:40 AM CET | Health & Medicine

Press release from: Reports And Data

Healthcare Staffing Market

Healthcare Staffing Market

Global Healthcare Staffing Market to Reach $50.33 Billion by 2032, Fueled by Aging Population and Shortage of Professionals" The global healthcare staffing market reached a size of $35.36 billion in 2022 and is projected to grow at a rapid CAGR of 4% during the forecast period. Factors such as the aging population, shortage of healthcare professionals, improving healthcare infrastructure, and increased investments in public health are driving the growth of the market. Healthcare staffing plays a vital role in recruiting qualified professionals, offering diverse sourcing strategies, and providing clinical expertise. Services include candidate screening, credential verification, and licensing checks. The demand for healthcare workforce is rising due to the increasing prevalence of chronic diseases and the need for specialized care in areas like oncology, cardiology, and neurology.

The market growth is further propelled by the development of telemedicine and the demand for remote healthcare services. Healthcare providers are adopting value-based and patient-centric care models, leading to a greater need for healthcare staffing. Technology, such as AI and ML, is being leveraged to streamline the recruitment process and improve matching between healthcare workers and job opportunities.

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Moreover, the demand for healthcare staffing services is expanding across various industries, including hospitals, clinics, nursing homes, and home healthcare. Emerging regions, particularly Asia and South America, are witnessing a growing demand for healthcare staffing services as their healthcare systems evolve.

However, challenges such as a shortage of qualified professionals, an aging healthcare workforce, limited new hires, and high turnover rates may hinder market revenue growth.

Some of the major companies in the global Healthcare Staffing Market are:
• Adecco Group
• CHG Healthcare
• Cross Country Healthcare
• Envision Healthcare
• AMN Healthcare
• Maxim Healthcare Services
• Almost Family Inc.
• Aya Healthcare
• Jackson Healthcare
• Healthcare Staffing Services

Segments Covered in the Report -
This report provides a comprehensive analysis of the global healthcare staffing market, including historical data and revenue forecasts from 2019 to 2032. The market analysis is conducted at a global, regional, and country level, examining market trends in various segments and sub-segments. The segmentation is based on service type, end-use, and region.

In terms of service type, the global healthcare staffing market is categorized into four segments: travel nurse, allied healthcare, and permanent placement. These segments represent different staffing services within the healthcare industry, each contributing to the overall market revenue. The report provides revenue figures for each service type from 2019 to 2032, enabling a comprehensive understanding of their individual growth trajectories.

The end-use outlook of the healthcare staffing market highlights the various sectors that utilize staffing services. The segments include hospitals, clinics, long-term care facilities, and others. These end-use sectors have distinct staffing requirements, and the report analyzes their revenue generation potential from 2019 to 2032. By examining the revenue trends in each end-use segment, the report offers insights into the demand and growth prospects for healthcare staffing services in different healthcare settings.

Geographically, the report covers several regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Within these regions, specific countries are analyzed to understand their contribution to the overall market. For North America, the report includes the United States, Canada, and Mexico, while Europe is further segmented into Germany, UK, France, Italy, Spain, Sweden, BENELUX, and the rest of Europe. The Asia Pacific region comprises China, India, Japan, South Korea, and the rest of APAC. Latin America is represented by Brazil and the rest of LATAM, and the Middle East & Africa includes Saudi Arabia, the United Arab Emirates, South Africa, Israel, and the rest of MEA. By examining revenue figures for each region and country, the report provides insights into the market dynamics and growth potential across different geographical areas.

Overall, this report offers a comprehensive analysis of the global healthcare staffing market, providing historical data and revenue forecasts up to 2032. The segmentation based on service type, end-use, and region allows for a detailed examination of market trends and growth prospects in specific areas of the healthcare staffing industry.

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Strategic development:
• CHG Healthcare made an acquisition in 2020 by acquiring RNnetwork, a prominent provider of temporary nursing staffing services. The purpose of this acquisition was to strengthen CHG's service portfolio and expand its market presence within the nursing staffing industry.

• In another instance, on April 10, 2018, AMN Healthcare acquired MedPartners, a company specializing in healthcare staffing and workforce solutions. The acquisition aimed to enhance AMN Healthcare's range of services and broaden its market reach within the healthcare staffing industry.

• Additionally, on January 16, 2018, Maxim Healthcare Services completed the acquisition of Privatus Care Solutions, a provider of private duty nursing and home care services. The primary objective of this acquisition was to augment Maxim Healthcare Services' service offerings in the home care industry.

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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