PUBLISHER: Acute Market Reports | PRODUCT CODE: 1260070
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1260070
Healthcare Staffing Services Market - Growth, Future Prospects and Competitive Analysis, 2023 - 2031
Healthcare Staffing Services Market Is Projected to Expand At A CAGR Of 6.5% Between 2023 And 2031. The global healthcare staffing services market shall undergo steady growth during the forecast period from 2023 to 2031. Rising demand for healthcare professionals globally, coupled with increasing healthcare spending will drive this market. There has been a shortage of physicians and healthcare workers all over the globe. According to the World Health Organization (WHO) and the Global Health Workforce Alliance, 83 countries fall short of the acceptable criteria of 22.8 skilled healthcare personnel per 1,000 population. Moreover, the WHO states that the expected global need-based shortage of skilled healthcare providers stood at 17.4 million in 2013 out of which 2.6 million are doctors and 9 million are nurses/midwives and other cadres. According to the U.S. Bureau of Labor Statistics, 50% of healthcare jobs were vacant in 2016, an increase from 30% in 2015.
Another prime reason for the growth of healthcare staffing services is the growing geriatric population. The U.S. population of individuals aged 65 and older is predicted to grow by 55% during the period from 2015 to 2030. Furthermore, according to the Association of American Medical Colleges (AAMC), 1 in 3 physicians in the U.S. is aged 55 or above, and nearing retirement. This is a significant factor boosting the demand for healthcare workers, thus driving the healthcare staffing services market.
In terms of service type, the market is segmented into allied healthcare, per diem nurses, travel nurses, and locum tenens. Allied healthcare consisting of radiologists, laboratory technicians, physical therapists, and others, held the largest share of the market due to the high demand for skilled medical device operators. The Locum tenens segment is projected to exhibit the highest growth rate during the forecast period owing to the rising preference for locum tenens in ambulatory and emergency care units due to its cost-effectiveness.
North America encapsulated the largest share in terms of geography. The organized healthcare sector, high demand for skilled healthcare professionals, and presence of major healthcare staffing companies in the region are responsible for the supremacy of North America. Asia Pacific is foreseen as the fastest-growing market for healthcare staffing services. Growing demand for contract staffing in developing economies, huge investment in the healthcare sector resulting in elevated job opportunities, and a large patient pool to cater to are the factors stimulating the market in Asia Pacific. Mergers, acquisitions, and strategic partnerships are being undertaken by the key players to increase their geographic foothold and market share.
Key Players Identified for Healthcare Staffing Services Market Include:
Adecco Group, Trustaff, Almost Family, AMN Healthcare, Aya Healthcare, CHG Management, Inc., Cross Country Healthcare, Envision Healthcare Corporation, inVentiv Health, Maxim Healthcare Services, Inc., Team Health Holding, Inc., and Others notable players.
Historical & Forecast Period
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Healthcare Staffing Services market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report:
Micro and macro environment factors that are currently influencing the Healthcare Staffing Services market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Service
Allied Healthcare
Per Diem Nurses
Travel Nursing
Locum Tenens
Region Segment (2021-2031; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Healthcare Staffing Services market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2031.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Healthcare Staffing Services market?
Which is the largest regional market for Healthcare Staffing Services market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Healthcare Staffing Services market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Healthcare Staffing Services market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Healthcare Staffing Services Market
- 2.2. Global Healthcare Staffing Services Market, By Service, 2022 (US$ Million)
- 2.3. Global Healthcare Staffing Services Market, By Geography, 2022 (US$ Million)
- 2.4. Attractive Investment Proposition by Geography, 2022
3. Healthcare Staffing Services Market: Competitive Analysis
- 3.1. Market Positioning of Key Healthcare Staffing Services Market Vendors
- 3.2. Strategies Adopted by Healthcare Staffing Services Market Vendors
- 3.3. Key Industry Strategies
- 3.4. Tier Analysis 2022 Versus 2031
4. Healthcare Staffing Services Market: Macro Analysis & Market Dynamics
- 4.1. Introduction
- 4.2. Global Healthcare Staffing Services Market Value, 2021 - 2031, (US$ Million)
- 4.3. Market Dynamics
- 4.3.1. Market Drivers
- 4.3.2. Market Restraints
- 4.3.3. Key Challenges
- 4.3.4. Key Opportunities
- 4.4. Impact Analysis of Drivers and Restraints
- 4.5. See-Saw Analysis
5. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2022 Versus 2031
- 5.3. Market Segmentation
- 5.3.1. Allied Healthcare
- 5.3.2. Per Diem Nurses
- 5.3.3. Travel Nursing
- 5.3.4. Locum Tenens
6. North America Healthcare Staffing Services Market, 2021-2031, USD (Million)
- 6.1. Market Overview
- 6.2. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 6.3.Healthcare Staffing Services Market: By Region, 2021-2031, USD (Million)
- 6.3.1.North America
- 6.3.1.1. U.S.
- 6.3.1.1.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 6.3.1.2. Canada
- 6.3.1.2.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 6.3.1.3. Rest of North America
- 6.3.1.3.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 6.3.1.1. U.S.
- 6.3.1.North America
7. UK and European Union Healthcare Staffing Services Market, 2021-2031, USD (Million)
- 7.1. Market Overview
- 7.2. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.Healthcare Staffing Services Market: By Region, 2021-2031, USD (Million)
- 7.3.1.UK and European Union
- 7.3.1.1. UK
- 7.3.1.1.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.1.2. Germany
- 7.3.1.2.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.1.3. Spain
- 7.3.1.3.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.1.4. Italy
- 7.3.1.4.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.1.5. France
- 7.3.1.5.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.1.6. Rest of Europe
- 7.3.1.6.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 7.3.1.1. UK
- 7.3.1.UK and European Union
8. Asia Pacific Healthcare Staffing Services Market, 2021-2031, USD (Million)
- 8.1. Market Overview
- 8.2. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.Healthcare Staffing Services Market: By Region, 2021-2031, USD (Million)
- 8.3.1.Asia Pacific
- 8.3.1.1. China
- 8.3.1.1.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.1.2. Japan
- 8.3.1.2.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.1.3. India
- 8.3.1.3.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.1.4. Australia
- 8.3.1.4.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.1.5. South Korea
- 8.3.1.5.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.1.6. Rest of Asia Pacific
- 8.3.1.6.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 8.3.1.1. China
- 8.3.1.Asia Pacific
9. Latin America Healthcare Staffing Services Market, 2021-2031, USD (Million)
- 9.1. Market Overview
- 9.2. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 9.3.Healthcare Staffing Services Market: By Region, 2021-2031, USD (Million)
- 9.3.1.Latin America
- 9.3.1.1. Brazil
- 9.3.1.1.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 9.3.1.2. Mexico
- 9.3.1.2.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 9.3.1.3. Rest of Latin America
- 9.3.1.3.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 9.3.1.1. Brazil
- 9.3.1.Latin America
10. Middle East and Africa Healthcare Staffing Services Market, 2021-2031, USD (Million)
- 10.1. Market Overview
- 10.2. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 10.3.Healthcare Staffing Services Market: By Region, 2021-2031, USD (Million)
- 10.3.1.Middle East and Africa
- 10.3.1.1. GCC
- 10.3.1.1.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 10.3.1.2. Africa
- 10.3.1.2.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 10.3.1.3. Rest of Middle East and Africa
- 10.3.1.3.1. Healthcare Staffing Services Market: By Service, 2021-2031, USD (Million)
- 10.3.1.1. GCC
- 10.3.1.Middle East and Africa
11. Company Profile
- 11.1. Adecco Group, Trustaff
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. Almost Family
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. AMN Healthcare,
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Aya Healthcare
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. CHG Management, Inc.
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Cross Country Healthcare
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. Envision Healthcare Corporation
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. inVentiv Health
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Maxim Healthcare Services, Inc.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Team Health Holding, Inc.
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
- 11.11. Others notable players
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Portfolio
- 11.11.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 2 North America Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 3 U.S. Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 4 Canada Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 5 Rest of North America Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 6 UK and European Union Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 7 UK Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 8 Germany Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 9 Spain Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 10 Italy Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 11 France Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 12 Rest of Europe Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 13 Asia Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 14 China Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 15 Japan Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 16 India Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 17 Australia Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 18 South Korea Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 19 Latin America Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 20 Brazil Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 21 Mexico Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 22 Rest of Latin America Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 23 Middle East and Africa Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 24 GCC Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 25 Africa Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
- TABLE 26 Rest of Middle East and Africa Healthcare Staffing Services Market By Service, 2021-2031, USD (Million)
List of Figures
- FIG. 1 Global Healthcare Staffing Services Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Healthcare Staffing Services Market: Quality Assurance
- FIG. 5 Global Healthcare Staffing Services Market, By Service, 2022
- FIG. 6 Global Healthcare Staffing Services Market, By Geography, 2022
- FIG. 7 Market Geographical Opportunity Matrix - Global Healthcare Staffing Services Market, 2022
- FIG. 8 Market Positioning of Key Healthcare Staffing Services Market Players, 2022
- FIG. 9 Global Healthcare Staffing Services Market - Tier Analysis - Percentage of Revenues by Tier Level, 2022 Versus 2031
- FIG. 10 Global Healthcare Staffing Services Market, By Service, 2022 Vs 2031, %
- FIG. 11 U.S. Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 12 Canada Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 13 Rest of North America Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 14 UK Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 15 Germany Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 16 Spain Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 17 Italy Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 18 France Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 19 Rest of Europe Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 20 China Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 21 Japan Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 22 India Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 23 Australia Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 24 South Korea Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 25 Rest of Asia Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 26 Brazil Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 27 Mexico Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 28 Rest of Latin America Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 29 GCC Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 30 Africa Healthcare Staffing Services Market (US$ Million), 2021 - 2031
- FIG. 31 Rest of Middle East and Africa Healthcare Staffing Services Market (US$ Million), 2021 - 2031
