The latest report by Reports and Data indicates that the global Healthcare Staffing Market had a size of USD 35.36 Billion in 2022, with an expected revenue Compound Annual Growth Rate (CAGR) of 4% during the forecast period.
Healthcare staffing plays a vital role in appointing skilled and well-trained healthcare professionals through a diverse network of experts, sourcing strategies, and clinical expertise. These services encompass the identification of qualified individuals, the utilization of technology to verify the credentials of candidates and workers, assessment of skills, validation of licenses and certificates, and the implementation of other screening processes. The increasing prevalence of chronic diseases and the demand for specialized care in areas such as cancer, cardiology, and neurology are driving the need for healthcare professionals.
Furthermore, the rise of telemedicine and the demand for remote healthcare services are contributing to the growth in market revenue. Healthcare providers are shifting towards value-based and patient-centric care models to enhance patient outcomes and reduce costs, thereby increasing the demand for healthcare workforce.
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Healthcare staffing agencies are increasingly integrating technologies like Artificial Intelligence (AI) and Machine Learning (ML) to address the shortage of healthcare professionals. These advanced technologies enable these agencies to streamline the process of identifying and hiring qualified healthcare personnel, ultimately reducing the time and expenses associated with recruitment and training of new staff members.
Key players in the Healthcare Staffing Market:
- Adecco Group
- CHG Healthcare
- Cross Country Healthcare
- Envision Healthcare
- AMN Healthcare
- Maxim Healthcare Services
- Almost Family Inc.
- Aya Healthcare
- Jackson Healthcare
- Healthcare Staffing Services
Some Key Highlights in the Report:
- In 2022, the travel nursing sector held the largest share of revenue in the global healthcare staffing market. This was primarily a result of the growing demand for healthcare professionals worldwide and the necessity for adaptable staffing solutions that can accommodate evolving healthcare requirements. Travel nurses offer temporary staffing solutions for hospitals, clinics, and other healthcare facilities that urgently need to address staffing shortages. They are equipped to handle various healthcare services, including critical care, emergency care, and surgical treatment, and can be deployed to various regions across the globe.
- Throughout the projected period, the hospital sector is expected to maintain the highest revenue share in the global healthcare staffing market. This can be attributed to the rising number of hospital admissions stemming from a variety of medical conditions and an aging population. To ensure the provision of top-notch patient care, the healthcare industry heavily relies on skilled professionals. Hospitals experience a significant demand for healthcare personnel, including nurses, doctors, and support staff, to meet the diverse needs of their patient population.
- In 2022, the North American market accounted for the largest portion of revenue in the global healthcare staffing market. This can be attributed to factors such as the aging population and the increasing prevalence of chronic diseases, including cancer and cardiovascular diseases (CVDs). Intense competition among major players characterizes the market in this region. The demand for temporary and contract-based healthcare staffing services is on the rise in North America. Additionally, the integration of advanced technology and automation in the healthcare sector is expected to contribute to market growth in this region.
- The European market is anticipated to exhibit the highest growth rate in terms of revenue in the global healthcare staffing market during the forecast period. This growth is driven by factors such as the increasing prevalence of chronic diseases and the rising cost of healthcare services. Furthermore, the aging population in Europe is leading to a higher demand for healthcare services, which is expected to fuel revenue growth in the region.
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For the purpose of this report, Reports and Data has segmented the global healthcare staffing market on the basis of Service Type Outlook, End-Use Outlook, and Regional Outlook:
Service Type Outlook (Revenue, USD Billion; 2022 – 2032)
- Travel Nurse
- Locum tenens
- Allied Healthcare
- Permanent Placement
End-Use Outlook (Revenue, USD Billion; 2022 – 2032)
- Hospitals
- Clinics
- Long-Term Care Facilities
- Others
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Regional Outlook (Revenue, USD Billion; 2022-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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Some points on how the report benefits stakeholders:
- The reports include historical (2020–2021) and forecast (2022–2032) data points, revenues, and CAGR in table, figure, and chart formats, with detailed and qualitative, supporting written information for each.
- Revenue break-up is provided for each segment in these formats for global, regional, and for each country in the respective region for each year between 2019 and 2030.
- The report contains insights regarding growth drivers, restraints, opportunities, trends, company profiles, strategic developments, expansion details, product launches, and various other aspects related to the market.
- The report contains data and information on customers, competitors, vendors/distributors, and other players and in the global marketplace.
- Market research analysis is vital for all crucial business strategies and can aid in numerous ways and to provide a clearer understanding about strategies being deployed by competitors, product launches, competitive analysis, technological advancements and various other factors that enhance sales of a firm or perhaps provide insights to focus on merger and acquisition as a strategy or enter into strategic agreements or joint ventures etc.
- The report contains company profiles of the top companies operating in the market along with their respective revenue and operating segments, geographical reach, market footprint, headquarters, growth rates, recent developments, product /services, expansion strategies, investments in expansion, and more.
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