The global healthcare
staffing market is expected to reach USD 43.6 billion by 2025,
according to a new report by Grand View Research, Inc. Rising geriatric
population has increased the demand for healthcare services around the globe.
However, there is a shortage of efficient nurses and other healthcare
professionals.
Shortage of physicians in the coming years is likely
to boost the demand for healthcare staffing market in developed regions over
the forecast period. For instance, Association of American Medical Colleges had
predicted in 2010 that the U.S. is anticipated to face a shortage of 150,000
doctors over the next 10 to 15 years. Furthermore, availability of skilled
professionals at lower costs as and when required is anticipated to propel the
market growth in the coming years.
Furthermore, in response to the pressure of costs,
hospitals are forced to reduce their staff and have implemented policies to
ensure that nurses would be available for work when the workload increases. The
staffing market has sufficient penetration and can easily provide staff during
emergencies.
Flexible schedules, short-term assignments, travel
opportunities, and clinical experience at various locations are some of the
reasons owing to which healthcare staff prefers to work as locum tenens or
travel nurses. Thus, increasing preference of staff to work temporary is
anticipated to further boost the market growth.
Browse full research report on Global Healthcare Staffing Market: https://www.grandviewresearch.com/industry-analysis/healthcare-staffing-market
Further Key Findings from the Report Suggest:
- Shortage of healthcare staff and rise in demand of healthcare
services are expected to propel market growth with a CAGR of 5.4% from
2017 to 2025
- The allied healthcare segment accounted for the largest share of
the market in 2016. It includes physical therapists, medical
technologists, occupational therapists, respiratory therapists,
pharmacists, and phlebotomists. This can be attributed to higher demand
and increase in geriatric population
- The locum tenens segment is expected to witness the fastest growth
during the forecast period. This can be attributed to cost-effectiveness
for employers and an increase in the number of physicians choosing to work
as locum tenens due to short-term assignments, flexible schedules, and
varied clinical experience
- Geographically, North America was the largest market for healthcare
staffing in 2016. Furthermore, it is anticipated to maintain its dominance
during the forecast period due to increase in geriatric population, lack
of skilled professionals as compared to demand, and local presence of
several market players.
- Asia Pacific is projected to witness the fastest growth during the
next decade due to increase in investments by several market players,
positive economic outlook, and increasing awareness about contract
staffing.
- Some of the key players are Envision Healthcare Corporation; AMN
Healthcare; CHG Management, Inc.; Maxim Healthcare Services, Inc.; Cross
Country Healthcare, Inc.; inVentiv Health; Almost Family; TeamHealth; and
Adecco Group.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/healthcare
Grand
View Research has segmented the global healthcare staffing market on the basis
of service and region:
Service
Outlook (Revenue, USD Million, 2014 - 2025)
- Travel Nurse
- Per Diem
Nurse
- Locum Tenens
- Allied
Healthcare
Regional
Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Mexico
- Middle East
& Africa
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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