The global Healthcare Staffing Market Growth Accelerated by High Demand for Healthcare Services

Global Healthcare Staffing Market Size
Global Healthcare Staffing Market Size



The healthcare staffing market covers a wide range of critical and non-critical healthcare professionals including physicians, nurses, allied healthcare professionals, and administrative and clerical staff. These staffing solutions help healthcare facilities optimize staffing costs and resources while delivering consistent and high-quality patient care. Hospitals and other healthcare facilities are opting for healthcare staffing services to fill vacancies and handle fluctuations in patient volumes.

 

The global Healthcare Staffing Market is estimated to be valued at US$ 39.52 Billion in 2023 and is expected to exhibit a CAGR of 7.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The rising demand for healthcare services owing to the growing prevalence of chronic and infectious diseases worldwide is a key factor driving the growth of the global healthcare staffing market over the forecast period. According to the Centers for Disease Control and Prevention (CDC), 6 in 10 Americans suffer from at least one chronic disease, such as heart disease, cancer, or diabetes. The increasing disease burden has increased the workload in healthcare facilities as well as the need for more staff. Healthcare staffing services help address this demand by providing an on-demand, flexible talent pool to healthcare organizations. This has boosted the adoption of healthcare staffing solutions globally.
Segment Analysis

The global healthcare staffing market is dominated by the allied healthcare professionals segment. This segment includes jobs like physical & occupational therapists, speech pathologists, medical assistants, medical records & health information technicians, home health aides, optometrists, and dietary aids. It is dominating as there is highest demand for allied healthcare professionals from hospitals, clinics, home healthcare, assisted living facilities, private practices, and other healthcare organizations.

Key Takeaways

The Global Healthcare Staffing Market Size is expected to witness high growth. Regional analysis shows that North America is currently the dominating and fastest growing region. The US healthcare system relies heavily on locum tenens and travel nurses due to continuous shortage of healthcare workers and increasing aging population demanding medical care.

Regional analysis related content comprises: North America dominates the global healthcare staffing market, holding the largest market share of over 35%. This is attributed to continuous shortage of healthcare staff in the US and aging baby boomers demanding increased medical care. Also, frequent job switching trend among US nurses has created demand for locum tenens staffing.

Key players related content comprises: Key players operating in the healthcare staffing market are LocumTenens.com, Adecco Group, TeamHealth, Trustaff, Aya Healthcare, Maxim Healthcare Group, CGM Management, Inc., AMN Healthcare, Cross Country Healthcare, Inc., and Envision Healthcare Corporation. AMN Healthcare and Cross Country Healthcare dominate the travel nurse staffing business, while LocumTenens.com specializes in physician locum tenens staffing.

 

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