Global Healthcare Staffing Market Size 2024, Forecast To 2033
6 Mar, 2024
The healthcare staffing market size has experienced robust growth in recent years. It will escalate from $43.21 billion in 2023 to $46.24 billion in 2024, exhibiting a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period is attributable to healthcare workforce shortages, temporary and flexible staffing needs, specialized skill requirements, government regulations, and compliance, emphasizing cost-efficiency. In 2028, the market is projected to reach $62.1 billion, maintaining a CAGR of 7.7%. This anticipated surge can be linked to the focus on mental health services, the rise in home healthcare services, diversity and inclusion initiatives, government investment in healthcare, and public health preparedness. Notable trends in the forecast period include innovative platforms, collaborations, and partnerships, as well as strategic investments and technological solutions.
Global Healthcare Staffing Market Key Driver
The healthcare staffing market is set to witness significant growth in response to the escalating shortage of healthcare personnel. Healthcare staff, encompassing a range of professionals involved in patient care and support services, play a critical role in maintaining quality healthcare delivery. However, there has been a concerning decline in healthcare staffing levels globally, as evidenced by reports from Providertech LLC in February 2022. Approximately 16% of hospitals reported severe staffing shortages as of October 2021, with projections indicating a looming shortage of 3.2 million healthcare workers in the United States by 2026. This shortage underscores the pressing need for healthcare staffing solutions to meet patient care demands, reflecting in market size forecasts for 2023, 2024, and 2028.
Get A Free Sample Of The Global Healthcare Staffing Market ReportGlobal Healthcare Staffing Market Segments
The healthcare staffing market covered in this report is segmented –
1) By Service: Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenes Staffing, Allied Healthcare Staffing
2) By Function: Patient Care Staff, Administrative Staff, Support Staff, Technicians, Allied Health Professionals
3) By End User: Hospitals, Pharma, Clients, Government Agencies
By Geography:The regions covered in the healthcare staffing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the healthcare staffing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global healthcare staffing market during the forecast period. The regions covered in the healthcare staffing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Healthcare Staffing Industry Players
Envision Healthcare Corporation, AMN Healthcare Holdings Inc., CHG Healthcare Services Inc., Maxim Healthcare Group Inc., Cross Country Healthcare Inc., Aya Healthcare Inc., Adecco Group AG, Trustaff Inc., TeamHealth Holdings Inc., LocumTenens.com LLC, Jackson Healthcare LLC, Favorite Healthcare Staffing Inc., Medical Solutions LLC, inVentiv Health Inc., Syneos Health Inc., Aureus Medical Group LLC, CompHealth LLC, CoreMedical Group LLC, CrossMed Healthcare Staffing Solutions LLC, Emerald Health Services LLC, Health Carousel LLC, HealthTrust Workforce Solutions LLC, KPG Healthcare LLC, MAS Medical Staffing LLC, MedPro Healthcare Staffing LLC, MedStaff Healthcare Solutions LLC, Next Travel Nursing LLC, NurseFly LLC, Onward Healthcare LLC, ProLink Healthcare LLC, Provenir Healthcare LLC, Randstad Healthcare LLC, RNnetwork LLC, Soliant Health LLC, Supplemental Health Care LLC
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Healthcare Staffing Market Overview
Healthcare staffing is the process of employing healthcare workers or providers as needed for a particular organization. In addition to ensuring better patient care, adequate healthcare staffing numbers also lessen nurse fatigue, avoid burnout, and boost patient satisfaction.
Healthcare Staffing Global Market Report 2023 provides data on the global healthcare staffing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The healthcare staffing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.