Market Research Future (MRFR) has published a cooked research report on the “Global Healthcare Staffing Market” that contains information from 2018 to 2032. The healthcare staffing market is estimated to register a CAGR of 7.30% during the forecast period of 2023 to 2032.
The global healthcare staffing market is accounted to register a CAGR of 7.30% during the forecast period and is estimated to reach USD 70.135 billion by 2032.
The need for healthcare services has increased as a result of the aging population and rising healthcare demands. As a result, there is a greater need for healthcare workers. The healthcare staffing market has expanded in part due to the persistent scarcity of healthcare professionals like nurses and doctors. Healthcare firms must turn to staffing services to supply important positions as a result of factors like retirement, career changes, and regional imbalances. Additionally, there is a demand for workers with specialized knowledge and abilities due to the developing nature of healthcare, technological improvements, and specialized care requirements. In order to find these skilled professionals, healthcare staffing companies are essential.
MRFR recognizes the following companies as the key players in the global healthcare staffing market - Envision Healthcare Corporation; AMN Healthcare; CHG Management, Inc; Maxim Healthcare Group; Cross Country Healthcare, Inc.; Aya Healthcare; Trustaff; TeamHealth; Adecco Group; and LocumTenens.com.
The global healthcare staffing market has been segmented based service type and end-use.
On the basis of service type, the market is segmented into Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenens Staffing, Allied Healthcare Staffing and Others. The allied healthcare staffing segment was attributed to holding the largest market share in 2022. By offering technical, diagnostic, therapeutic, and support services at healthcare facilities, allied healthcare professionals largely preserve the efficiency of the healthcare system. Because of this, they can be distinguished from nurses, pharmacists, and other medical staff.
Based on end-use, the global healthcare staffing market has been segmented into Hospitals, Clinics, Ambulatory Facilities and Others. The hospitals segment was expected to hold the largest market share in 2022. The vast majority of hospitals are expanding their staff in accordance with the government's mandated requirements. The standard nurse-to-patient ratio has been established by several government agencies as standards that hospitals must uphold.
The global healthcare staffing market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe healthcare staffing market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The healthcare staffing market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World healthcare staffing market comprises of Middle East, Africa, and Latin America.
The largest market share for healthcare staffing was maintained by the North American regional sector. The market expansion in North America is anticipated to be driven by the increasing geriatric population, improved healthcare infrastructure, efficient government regulation, and a high need for healthcare workers.
Moreover, the Europe market has been persistently growing over the forecast period. It is anticipated that a considerable increase in government and private hospitals, long-term care facilities, acute care facilities, and other medical institutions will have a significant impact on market expansion. Due to increased public health spending and improved medical infrastructure, this region has more hospitals.
Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Healthcare Staffing Market Research Report
Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to the rise in the need for contract labor. Additionally, there are no obligations connected with contract staffing that are typically linked with permanent staffing. The aforementioned elements are becoming more prevalent in emerging nations, which is anticipated to fuel the growth of the regional market in the years to come.
Furthermore, the rest of the world's healthcare staffing market is divided into the Middle East, Africa, and Latin America. Latin America and the Middle East are expanding significantly in the overall market, according to analysis. This is a result of the population's rising prevalence of medical and physical diseases. The market is concentrating on offering better healthcare infrastructure and services.
Key Findings of the Study