Healthcare Staffing Market by Service Type (Allied Healthcare, Locum Tenens, Per Diem Nurse), End User (Acute Care Centers, Ambulatory Surgical, Assisted Living Facilities) - Global Forecast 2024-2030

[190 Pages Report] The Healthcare Staffing Market size was estimated at USD 34.21 billion in 2023 and expected to reach USD 36.75 billion in 2024, at a CAGR 7.96% to reach USD 58.51 billion by 2030.

Healthcare staffing helps in availing staff and filling vacancies in a variety of healthcare settings without indulging in a long recruitment process while establishing relationships with hospitals, nursing homes, and smaller clinics. This process involves identifying eligible individuals, employing technology to verify the credentials of candidates and employees, validating abilities, confirming licenses and certifications, and performing other screening processes. The limited availability of skilled healthcare professionals and increasing demand for temporary staffing for medical professionals due to the rising geriatric population are raising the need for healthcare staffing solutions. According to world health organization on Ageing and health published in October 2021, the total number of people aged 60 years and over was 1 billion in 2020, which will rise to 1.4 billion by 2030. Raised awareness of the benefits of temporary work and job-related incentives are a few factors driving industry expansion. However, the need for more skilled health workers and professional expertise provided by healthcare staffing service providers is expected to restrain the market over the forecast period. Significant growth in government and non-government hospitals, long-term care centers, acute care centers, and other types of health institutions is expected to expand the adoption of healthcare staffing solutions.

The native presence of key market players, a rise in the geriatric population, and increased demand for medical staff by hospitals owing to financial setbacks associated with hiring permanent staff are factors driving the growth of the healthcare staffing market in the Americas. According to the Association of American Medical Colleges, the physician shortage is expected to range from 46,900 to 121,900 physicians by 2032. Several hospitals and other medical facilities are partnering with recruiting agencies to fulfill vacant positions on a temporary or permanent basis, subsequently expanding the adoption of healthcare staffing services and solutions. The region's market players are continuously trying to introduce new healthcare staffing solutions. For instance, in May 2022, StaffHealth.com launched NurseShifts, a new mobile app and marketplace designed for on-demand staffing to help nurses find shifts faster. Europe has witnessed a severe shortage of care professionals in the past few years. According to the European Public Service Union’s January 2022 estimates, Europe had a 2 million healthcare workers shortage. Furthermore, according to the European Commission, employment in the healthcare sector is expected to rise to 24,009,000 professionals by 2025, with over half of the medical professionals expected to retire or leave the sector for other reasons. The growing shortage of healthcare professionals is necessitating the usage of healthcare staffing services across Europe.

The market dynamics represent an ever-changing landscape of the Healthcare Staffing Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Healthcare Staffing Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Healthcare Staffing Market.

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Healthcare Staffing Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

The value chain of the Healthcare Staffing Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

The pricing analysis comprehensively evaluates how a product or service is priced within the Healthcare Staffing Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Healthcare Staffing Market.

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Healthcare Staffing Market.

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Healthcare Staffing Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

The trade analysis of the Healthcare Staffing Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

The regulatory framework analysis for the Healthcare Staffing Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Healthcare Staffing Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Healthcare Staffing Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

• AHSA Announces New Workforce Solutions Partnership with University of Michigan Health-West

  Healthcare staffing is a rapidly growing market due to an increase in demand for healthcare professionals. Recent studies have shown that the growth of this industry is expected to continue over the next decade, reaching its highest level yet in 2023. This expanding market provides countless opportunities for individuals looking to enter the healthcare field and businesses seeking specialized staffing solutions. The need for healthcare staffing is set to reach unprecedented heights as medical facilities across the country require additional staff to meet patient needs. By 2023, hospitals, research centers, and other medical facilities will be relying on healthcare staffing solutions more than ever before. With the right personnel solutions in place, these organizations can preserve their current capacity and look towards further growth. [Published On: 2023-03-22]

• Award Winning IT Staffing Firm Expands Services in Dallas-Fort Worth

  Wolters People Solutions, an award-winning IT staffing firm in Dallas-Fort Worth, recently announced that they are expanding their services to include healthcare staffing. This will enable healthcare organizations to access talented professionals with expertise in IT and other related skills. Wolters People Solutions' tailored solutions enable healthcare companies to hire motivated and highly qualified personnel to create an ideal workforce. The company's focus is helping clients find the best people for their operations - something that has proven successful time and time again. With their expanded services encompassing healthcare staffing, Wolters People Solutions looks forward to helping more businesses harness the potential of their staff and meet the professional goals of their business. [Published On: 2023-03-21]

• UK health service looks to expand workforce partnership with Kerala

  The UK National Health Service (NHS) has announced plans to expand its workforce partnership with Kerala, India. This is great news for healthcare professionals in India and a testament to the quality of their work. This new agreement will provide long-term staffing opportunities for those looking to gain valuable international experience, as well as financial stability. As one of the most established global health systems, NHS services such as mental health and community support are sought after around the world due to their quality of care and efficiency. For healthcare staff looking for a move abroad, this partnership could be an ideal option which provides access to international learning opportunities and exciting new challenges. With the NHS being held in such high regard worldwide, it's no surprise that they have chosen to tap into Kerala's talented pool of medical staff. [Published On: 2023-02-13]

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Healthcare Staffing Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

The report delves into recent significant developments in the Healthcare Staffing Market, highlighting leading vendors and their innovative profiles. These include 2050 Healthcare, Adecco Group AG, Advantage Medical Professionals, Advantis Medical, AHSA, AMN Healthcare, Aryavrat Healthcare Pvt. Ltd., Aureus Medical Group, Axis Medical Staffing, Aya Healthcare, Inc., Barton Healthcare Staffing, LLC, CHG Management, Inc., Coast Medical Service, Cross Country Healthcare, Elite Nursing Services, Inc., Envision Healthcare, Favorite Healthcare Staffing Inc. by Acacium Group, Fusion Medical Staffing, GIFTED Healthcare, Gotham Companies, Inc. by Abacus Group, Greenstaff Medical PTY Limited, Health Carousel Travel Nursing LLC, HealthTrust Workforce Solutions, InGenesis, Inc., Ingenovis Health Company, Jackson Healthcare, LLC, LC Staffing, LocumTenens.com, LLC, MAS Medical Staffing, Maxim Healthcare Services, Inc., Medely, Inc., Medicus Healthcare Solutions, LLC, Nurse at Call, Nurseio, Panchami Nurses Bureau, Per Diem Nursing Inc., Prime Time Healthcare, PRN Health Services, LLC, Pro Med Healthcare Services, Registry Network Incorporated, Secure Nursing Service, Inc., Supplemental Health Care, Syneos Health, Inc., TeamHealth, Inc., The Plus Group, Inc., TotalMed, Triage, LLC, UNIHCR Healthcare Recruiters, WESolutions, and Westways Staffing Services, Inc..

This research report categorizes the Healthcare Staffing Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Service Type
  • Allied Healthcare
  • Locum Tenens
  • Per Diem Nurse
  • Travel Nurse
• End User
  • Acute Care Centers
  • Ambulatory Surgical
  • Assisted Living Facilities
  • Continuing Care Retirement Communities (CCRC)
  • Hospitals
  • Independent Living
  • Long Term Acute Care Centers (LTAC)
  • Long Term Care (LTC)
  • Skilled Nursing Facilities (SNF)

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

1. What is the current market size and projected growth?
2. Which products, segments, applications, and regions offer promising investment opportunities?
3. What are the prevailing technology trends and regulatory frameworks?
4. What is the market share and positioning of the leading vendors?
5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?