Global Healthcare Staffing Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029 - Increasing geriatric population, rising number of COVID-19 patients and growing demand for healthcare professionals owing to the shortage of healthcare providers & nurses are the some of the major factors anticipated to drive the growth of Global Healthcare Staffing Market.
Global Healthcare Staffing Market is valued at USD 40.17 Billion in 2022 and expected to reach USD 61.89 Billion by 2029 with a CAGR of 6.37% over the forecast period.
Healthcare staffing is the process of appointing qualified applicants in the healthcare company for specific positions. The procedure of satisfying the vacant position of the right staffs at the correct job, at right time is staffing. Healthcare staffing agencies use immense network to connect employers with the best staffs.
Healthcare staffing considerably refers to the rethinking of clinical consideration staff by outsider vendors to the medical care units. A staffing firm can accept a fundamental part in the recruitment cycle. Healthcare staffing firms propose a large scope of administrations, including, but not limited to, tracking of proceeding education, skills approval, license verification, improvement on-request to review qualifications of candidates and employees, clinical estimation testing, affirmations, and background verifications and various screenings. Different associations that are subsidiary to the medical services region paying little mind to their size can use clinical services staffing organizations like clinical facilities, home consideration associations, healthcare programming organizations, nursing homes, specialist rehearses, centers, government workplaces, schools, pharmaceutical associations, and some more.
Staffing associations are experts at enrolling. A staffing firm can find the best candidate for client needs and bears the cost of the association the flexibility to address capacities deficiencies or fluctuating demand. Staffing firms in like manner handle joblessness assurance, workers' pay, and tax issues for their temporary and workers for hire.
The COVID-19 pandemic has shown also impacted the growth of global healthcare staffing market. The growing number of Covid-19 cases required the need for more healthcare providers and staff. Hospital ICU staff, nursing staffs and other staff are required during the pandemic because of rising patients of COVID-19. The COVID-19 pandemic assisted as an unambiguous reminder of the significance of effectively staffed health systems in delivering high-quality patient care, the situation of pandemic impacted marvellous increases in healthcare staffing agencies.
However, medical care industry has been influenced because of fast spreading of COVID-19. Clinics are facing serious lack of nurses and medical care experts which is influencing on patient’s health in different countries.
Some of the key players for global healthcare staffing market are -
Global healthcare staffing market is segmented on the basis of type, end-users and region & country level. Based upon type, the global healthcare staffing industry is divided into travel nurse staffing, per diem nurse staffing, locum tenens staffing, allied health care staffing and other. Based upon end-user, the market is classified into hospitals, clinics, ambulatory surgical centers, home care settings and other.
The regions covered in this global healthcare staffing market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of healthcare staffing is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
One of the major factors driving the growth of global healthcare staffing market is increasing geriatric population. Rising elderly populace will drive medical services usage, as this populace is more powerless to infections and physical illnesses that require intense consideration. Old people groups are multiple times bound to have a clinic stay in a given year, and once admitted, the normal length of hospital stay is longer than for other age groups. Geriatric population required staffing to take care of them which drive the market. For instance; as indicated by IMS Health, almost 90% of seniors have one chronic condition and 70% have different conditions. According to the World Aging Population 2020 Report; there were approximately 727 million peoples aged 65 years or over in 2020, globally.
In addition, another major factor for the growth of global healthcare staffing market is raising number of COVID-19 patients. Currently, the world is battling with the COVID-19 pandemic. This contamination prompts pneumonia, severe and acute respiratory diseases, different organ failure, and in serious cases passing. The demand for nurse staffing expanded essentially during the pandemic which drive the market globally.
In addition, growing demand for healthcare professionals owing to the shortage of healthcare providers & nurses is also fostering the market growth. The union of hospitals, health systems and other healthcare facilities are creating sophisticated fortune different type companies that require quality, well-trained clinical and leadership professionals who can thrive in this advanced industry environment. However, high budget for staffing procedure may hamper the growth of the global healthcare staffing market. In spite of that, increasing chronic diseases such as cancer and diabetes in developing countries can provide various opportunities for the further growth of the global healthcare staffing market.
The North America is expected to dominate the global healthcare staffing due to the high number of geriatric population, presence of market players and high investment in research & development in healthcare infrastructure in this region. For instance; according to the U.S. Census Bureau, there are about 54.1 million people 65 years old in July 2019. And, in 2018, TeamHealth declared the acquisition of an emergency clinical staff supplier, Emergency Medicine Consultants (EMC). This procurement will help the previous with adding 330 doctors and 80 progressed practice clinicians.
The Asia Pacific is expected to witness a fastest growth in the global health staffing market due to initiatives by governments and increasing demand for health care staffing in developing countries like India in this region. For instance; the National Commission for Allied and Healthcare Professions Bill, 2020 (NCAHP) was passed by Parliament in March. So, the health workforce and healthcare signify a standard shift.These initiatives by governments boosting the market growth in this region.
On April 28th, 2021; Arrow Strategies announced the production of Arrow Healthcare Staffing which dispatched in the third quarter of 2020. The dispatch of Arrow Healthcare Staffing (AHS) will presently give medical care experts in both inpatient and outpatient clinical settings with direct understanding consideration just as rehabilitation centers, hospitals and home medical care. It is both exciting and compensating to enter the immediate patient care side of medical care as organization already work with so many talented medical services experts who can be utilized in a more significant way.
|Historical data||2016 - 2021|
|Forecast Period||2022 - 2029|
|Market Size in 2022:||USD 40.17 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2029:||USD 61.89 Billion|
|Tables, Charts & Figures:||175|
|Key Players/Companies||Adecco Group, AMN Healthcare, Almost Family, CHG Management, Inc., Envision Healthcare, Cross Country Healthcare, Inc., Maxim Healthcare Group Accountable Healthcare Staffing, Jackson Healthcare, Aureus Medical Group (C&A Industries), Aya Healthcare, InGenesis, Medical Solutions, Healthcare Staffing Services, Favorite Healthcare Staffing , LocumTenens.com, TeamHealth, Syneos Health Inc., others.|
|Segments Covered||By Service Type, By End-User|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|