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Healthcare Staffing Market - By Type (Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenens Staffing, Allied Healthcare Staffing), By End-use (Healthcare Facilities, Biopharmaceutical Companies, Government Clients) & Global Forecast, 2023 – 2032

  • Report ID: GMI5513
  • Published Date: Mar 2023
  • Report Format: PDF

Healthcare Staffing Market Size

Healthcare Staffing Market size was valued at over USD 55 billion in 2022 and is expected to grow at over 8.5% CAGR from 2023 to 2032. Driven by the increasing cases of chronic ailments from the world’s rising geriatric population.
 

Healthcare Staffing Market

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With age, chronic conditions combined with functional impairment elevate the need for supportive long-term medical care. As the global geriatric population pool expands, the chronic conditions that plague this demographic are also likely to rise, bolstering the need for more frequent hospitalizations, elevating the need for healthcare staffing and better medical care. As per the Association of American Medical Colleges, people in the age group 65 years and above account for 34% of the total physician demand, and by 2034, they will make up 42% of the demand in the U.S. alone.
 

Lack of skilled healthcare workers in emerging economies may constrain industry progression

Increasing shortage of medical nurses and workers in developing economies due to poor job satisfaction, is a major challenge to industry expansion. Countries such as India have a low doctor-to-population ratio of 1:1,511, which is far from the WHO recommended norm of 1:1,000. This, combined with the lack of supporting staff and a high patient population that could not afford treatment, exerts a heavy pressure on the region’s healthcare system, especially in rural areas, where the ratio is even lower.
 

Healthcare Staffing Market Analysis

Global Healthcare Staffing Market Share, By Type

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Based on type, healthcare staffing market size from travel nurse staffing segment is poised to record a valuation of over USD 64.5 billion by 2032. The segment experienced notable growth during the COVID-19 pandemic as nurses focused on seeking flexibility in their work, working in new places or specialities, and working for substantially higher pay as well. In fact, the demand for travel nurses increased more than 200% during that period as compared to pre-pandemic levels.
 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for healthcare staffing held a valuation of over USD 55 billion and is poised to grow at over 8.5% CAGR from 2023 to 2032, driven by the world’s surging geriatric population.
Healthcare facilities segment is slated to grow past USD 80.5 billion by 2032, on account of rising occurrence of chronic diseases across the world.
North America healthcare staffing market is likely to depict a valuation of more than USD 69 billion by 2032, fueled by the favorable healthcare policies of the governments in the region.
The list of key contenders partaking in the market share includes names such as Healthtrust Workforce Solutions, TeamHealth, Adecco Group, Medicus Healthcare Solutions, Aurus Medical Group (C&A Industries), and Trustaff, among others.

Healthcare Staffing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 193
  • Countries covered: 30
  • Pages: 150
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