Healthcare Staffing Market (By Service Type: Travel Nurse, Per Diem Nurse, Locum Tenens, Allied Healthcare) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022 – 2030

Published Date : Apr 2022 | No. of Pages : 250 Pages | Category : Healthcare

The global healthcare staffing market size is expected to be worth around US$ 50 billion by 2030 from valued at US$ 33 billion in 2021 and is anticipated to grow at a CAGR of 5.5% during forecast period 2022 to 2030.

The rising demand for temporary nursing staff especially due to growing geriatric population is boosting the scope for these services across the world.

In 2010, the Association of American Medical Colleges estimated that U.S. might face a shortfall of 150,000 doctors during the next 10-15 years. In August 2019, the National Association of Locum Tenens Organizations (NALTO) stated that 90% of the U.S. healthcare facilities use locum tenens providers and over 50,000 physicians work on locum tenens projects every year. The increasing number of physicians choosing to work as locum tenens is expected to propel the market growth over the forecast period.

Furthermore, the hospitals are forced to reduce the staff and implement policies for ensuring the availability of nurses upon an increase in the workload, in response to the pressure of costs. Due to high penetration of the market, there is the availability of healthcare staff during emergencies, thereby driving the market growth.

Report Coverage of Healthcare Staffing Market

Report Scope Details
Market Size in 2021 USD 50 Billion
Growth Rate 5.5% from 2022 to 2030
Base Year 2021
Forecast Period 2022 to 2030
Historic Data 2017 to 2021
Companies Covered Almost Family; Adecco Group; CHG Management, Inc.; AMN Healthcare; Cross Country Healthcare, Inc.; Envision Healthcare Corporation; inVentiv Health; TeamHealth; Maxim Healthcare Services, Inc.

 

Service Insights

By service, the market has been segmented into a travel nurse, per diem nurse, locum tenens, and allied healthcare. In 2020, the travel nurse segment held a majority of the market in terms of revenue share. In response to the rising pressure of healthcare costs, hospitals are forced to reduce their staff and hence, opt for staffing services to ensure that nurses are available when workload increases.

Locum tenens, on the other hand, are expected to witness the fastest growth rate over the forecast period. The cost-efficiency for employers and the preference of physicians to work as locum tenens are some of the factors responsible for the segment growth. According to a survey conducted by Staff Care, an AMN Healthcare company, the number of physicians working as locum tenens is increasing continuously in U.S.

Regional Insights

The global healthcare staffing market was dominated by North America in terms of revenue share in 2020 owing to the presence of major players, lack of skilled professionals as compared to demand, and an increasing geriatric population. The market players are adopting strategic initiatives such as collaborations, acquisitions, and mergers in order to increase their network. Thus increasing market penetration is anticipated to propel the regional growth over the forecast period. For instance, Advance Medical acquired Rise Medical Staffing, a provider of travel nurse staffing services, in 2016. This will provide Advance Medical an opportunity to expand the travel nursing division and strengthen its foothold in hospital settings.

Asia Pacific is projected to witness the fastest growth over the forecast period as the demand for contract staffing is on the rise in the region. The rising demand can be attributed to the fact that employment through contract staffing involves no liabilities that are normally associated with permanent staff. In addition, the recruitment process is faster and recruiters can choose from a larger pool of candidates.

Key Players

Almost Family; Adecco Group; CHG Management, Inc.; AMN Healthcare; Cross Country Healthcare, Inc.; Envision Healthcare Corporation; inVentiv Health; TeamHealth; Maxim Healthcare Services, Inc.

Market Segmentation

  • Service Type Outlook 

    • Travel Nurse Staffing

    • Per Diem Nurse Staffing

    • Locum Tenens Staffing

    • Allied Healthcare Staffing

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • Japan

      • China

    • Latin America

      • Brazil

      • Mexico

    • Middle East & Africa

      • South Africa

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2021) and forecast (2022-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Featured Research Reports

  • Featured Research Reports

    Audiology Devices Market (By Product: Hearing Aids, Cochlear Implants; By Technology: Digital, Analog; By Sales Channel: Retail, E-commerce) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

    Read more...
  • Featured Research Reports

    Micro-pumps Market (By Product: Mechanical, Non-mechanical; By Application: Drug Delivery, Medical Devices; By End Use) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

    Read more...
  • Featured Research Reports

    U.S. Behavioral Health Care Software And Services Market (By Component: Software, Support Services; By Delivery Model; By Function; By End Use) - Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

    Read more...
  • Featured Research Reports

    Medical Imaging Market (By Product: X-ray, CT, MRI, Ultrasound; By End-use: Hospitals, Diagnostic Imaging Centers) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

    Read more...
  • Featured Research Reports

    Medical Imaging Phantoms Market (By Device Type: X-ray, Ultrasound, CT, MRI; By End Use; By Material: Simulating Organs, False Organs) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

    Read more...