Press release
Healthcare Staffing Market Size, Growth, Statistics and Future Trends 2023-2028
Healthcare Staffing Market Size, Growth, Statistics and Future Trends 2023-2028
Market Overview:
What is healthcare staffing market?
Healthcare staffing is a specialized sector within the staffing industry, which focuses on matching healthcare professionals to organizations that require their skills and services. This sector is instrumental in ensuring that hospitals, clinics, nursing homes, and other healthcare facilities maintain adequate and qualified staffing levels to provide efficient and effective patient care.
The healthcare staffing industry recruits a wide range of professionals, including physicians, nurses, therapists, technologists, medical assistants, and non-clinical staff like administrative and support personnel. It provides flexible staffing solutions that can be short-term or long-term, per diem, temporary, or permanent, according to the healthcare institution's needs.
Healthcare staffing services are essential in addressing staffing shortages, covering staff absences, handling increased patient load, or providing specialized skills for specific procedures or projects. Especially amidst situations like the COVID-19 pandemic, healthcare staffing agencies played a pivotal role in rapidly mobilizing healthcare professionals to regions with urgent staffing needs. By offering flexibility and reducing the administrative burden of recruitment, healthcare staffing makes a significant contribution to the overall efficiency and quality of care within the healthcare system.
Market Size, CAGR and Forecast:
The global healthcare staffing market size reached US$ 39.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 56.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
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Market Trends and Growth Drivers:
The escalating demand for healthcare services represents one of the key factors driving the growth of the healthcare staffing market across the globe. This is primarily attributed to the increasing aging global population that requires increased medical care, coupled with the rise of chronic diseases like diabetes and heart disease, and global health crises like the COVID-19 pandemic. These factors necessitate a robust healthcare workforce which is leading to increased demand for healthcare staffing services.
The market is also driven by the acute shortage of healthcare professionals worldwide. With an existing workforce crisis in the healthcare sector, due in part to the aging of healthcare professionals and insufficient numbers of new professionals entering the field, healthcare staffing agencies are playing an ever-more-critical role in bridging this gap. The growth of home healthcare services is contributing to the growth of the market.
As patient preference shifts towards receiving care at home, especially for the elderly and chronic disease patients, the demand for healthcare professionals who can provide home-based services is rising. This, in turn, is boosting the market. The advent of advanced AI-based staffing solutions and platforms is streamlining the process of matching healthcare professionals with appropriate jobs, thereby improving the efficiency of staffing services.
The increasing adoption of locum tenens (temporary healthcare professionals) and travel nursing staffing solutions are fueling the growth of the market. These flexible staffing solutions allow healthcare facilities to adjust their staff levels to match fluctuating patient volumes and cover vacancies or leaves of absence, which is especially critical in times of health crises or seasonal demand spikes.
Government initiatives and funding in many regions towards healthcare capacity building are facilitating the growth of the market. For instance, programs that incentivize working in rural or underserved areas, or that fund the expansion of healthcare facilities and services, are creating a positive outlook for the market across the globe.
Who are the key players operating in the industry?
Top healthcare staffing agencies covered:
• Adecco Group
• Amn Healthcare Services Inc.
• CHG Management Inc
• Cross Country Healthcare Inc.
• Envisions Healthcare Corporation
• LHC Group Inc
• Locumtenens.com
• Maxim Healthcare Group
• Syneos Health Inc.
• TeamHealth
Key Market Segmentation:
The report has segmented the global healthcare staffing market on the basis of service type and region.
Breakup by Service Type:
• Travel Nurse Staffing
• Per Diem Nurse Staffing
• Locum Tenens Staffing
• Allied Healthcare Staffing
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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