The healthcare staffing market size is expected to hit around US$ 48.3 billion by 2027 from US$ 31 billion in 2020 growing at a CAGR of 5.1% from 2020 to 2027. The report contains 150+ pages with detailed analysis.
The base year for the study has been considered 2020, the historic year 2018, and 2019, the forecast period considered is from 2020 to 2027. the healthcare staffing market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).
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Scope of the Stud
This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by key players, service type, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Growing geriatric population has increased several concerns such as shortage of nurses and other working staff in hospitals and also an increase in demand for healthcare facilities. Thus, temporary healthcare staffing is gaining traction across several hospitals globally due to its cost-effective attribute, thereby expected to witness a positive impact on market growth over the forecast period. Healthcare firms are coming across the diverse challenges such as meeting high revenue rates and increasing patient contentment rates. Approach for searching proficient staff is emerging to address the requirements of a new generation of nurses.
The advent of new technologies is playing a vital role to increase healthcare employment which is anticipated to fuel the healthcare staffing market growth during the projected period. Technological advancement has led to innovations in services including telehealth and informatics which have driven the need for skilled working staff in order hand both technical as well as non-technical operations.
North America dominated the global healthcare staffing market and accounted for the largest market share, in 2019. Lack of skilled staff as compared to the need, growing geriatric population, and the existence of key market players are major factors responsible for regional market growth. In this region, key players are adopting some strategic initiatives like mergers, acquisitions, and collaborations to expand their geographical reach and services portfolio. Therefore, growing market penetration is expected to surge the regional market growth during the forecast period.
- Locum tenens segment is projected to expand with fastest CAGR over the forecast period due to cost reduction offered by temporary employees hiring and growing physicians’ preference for working as locum tenens.
- In 2019, allied healthcare segment held the largest market share in terms of revenue. It comprises physical therapists, occupational therapists, pharmacists, respiratory therapists, phlebotomists, and medical technologists.
- The major players are adopting several marketing strategies such as collaborations, mergers, and acquisitions to gain maximum market share and expand their geographical presence.
- Hospital leaders are also taking several important initiatives to overcome frontline staff shortage in current pandemic situations which is expected to propel the market growth.
- In 2019, HNI Healthcare, Inc. announced acquisition of Martin Healthcare Group which is private company operated across the Midwest and Florida in order to spread its business across U.S. Midwest region.
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the healthcare staffing market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the global healthcare staffing market include:
- CHG Management, Inc.
- AMN Healthcare
- Almost Family
- Envision Healthcare Corporation
- inVentiv Health
- Maxim Healthcare Services, Inc.
- Cross Country Healthcare, Inc.
Report Scope of the Healthcare Staffing Market
|Market Size in 2020||USD 31 Billion|
|Growth Rate||CAGR of 5.1% from 2020 to 2027|
|Largest Market||North America|
|Fastest Growing Market||Asia Pacific|
|Forecast Period||2021 to 2027|
Market Segments Covered in the Report
By Service Type
- Travel Nurse Staffing
- Per Diem Nurse Staffing
- Locum Tenens Staffing
- Allied Healthcare Staffing
By Regional Outlook
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- South Africa
- To provide a comprehensive analysis of the healthcare staffing industry and its sub-segments in the global market, thereby providing a detailed structure of the industry
- To provide detailed insights into factors driving and restraining the growth of the global healthcare staffing market
- To provide a distribution chain analysis/value chain for the healthcare staffing market
- To estimate the market size of the global healthcare staffing market where 2019 would be the historical period, 2020 shall be the base year, and 2020 to 2027 will be forecast period for the study
- To provide strategic profiling of key companies (manufacturers and distributors) present across the globe, and comprehensively analyze their competitiveness/competitive landscape in this market
- To analyze the global healthcare staffing market in four main geographies, namely, the North America, Europe, Asia-Pacific, and the Rest of the World
- To provide country-wise market value analysis for various segments of the healthcare staffing
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
184.108.40.206. List of Suppliers
220.127.116.11. List of Buyers
Chapter 7. Global Healthcare Staffing Market, By Service
7.1. Healthcare Staffing Market, by Service Type, 2020-2027
7.1.1. Travel Nurse Staffing
18.104.22.168. Market Revenue and Forecast (2016-2027)
7.1.2. Per Diem Nurse Staffing
22.214.171.124. Market Revenue and Forecast (2016-2027)
7.1.3. Locum Tenens Staffing
126.96.36.199. Market Revenue and Forecast (2016-2027)
7.1.4. Allied Healthcare Staffing
188.8.131.52. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Healthcare Staffing Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Service (2016-2027)
8.1.3. Rest of North America
184.108.40.206. Market Revenue and Forecast, by Service (2016-2027)
8.2.1. Market Revenue and Forecast, by Service (2016-2027)
220.127.116.11. Market Revenue and Forecast, by Service (2016-2027)
18.104.22.168. Market Revenue and Forecast, by Service (2016-2027)
8.2.4. Rest of Europe
22.214.171.124. Market Revenue and Forecast, by Service (2016-2027)
8.3.1. Market Revenue and Forecast, by Service (2016-2027)
126.96.36.199. Market Revenue and Forecast, by Service (2016-2027)
188.8.131.52. Market Revenue and Forecast, by Service (2016-2027)
184.108.40.206. Market Revenue and Forecast, by Service (2016-2027)
8.3.5. Rest of APAC
220.127.116.11. Market Revenue and Forecast, by Service (2016-2027)
8.4.1. Market Revenue and Forecast, by Service (2016-2027)
18.104.22.168. Market Revenue and Forecast, by Service (2016-2027)
8.4.3. North Africa
22.214.171.124. Market Revenue and Forecast, by Service (2016-2027)
8.4.4. South Africa
126.96.36.199. Market Revenue and Forecast, by Service (2016-2027)
8.4.5. Rest of MEA
188.8.131.52. Market Revenue and Forecast, by Service (2016-2027)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Service (2016-2027)
184.108.40.206. Market Revenue and Forecast, by Service (2016-2027)
8.5.3. Rest of LATAM
220.127.116.11. Market Revenue and Forecast, by Service (2016-2027)
Chapter 9. Company Profiles
9.1. CHG Management, Inc.
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. AMN Healthcare
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. Almost Family
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. Envision Healthcare Corporation
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. inVentiv Health
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Maxim Healthcare Services, Inc.
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Cross Country Healthcare, Inc.
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
Chapter 10. Research Methodology
10.1. Primary Research
10.2. Secondary Research
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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The purpose of Precedence Research’s healthcare staffing market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
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