The
global healthcare staffing market size is likely to reach
USD 48.6 billion by 2027 at a CAGR of 5.4% over the forecast period, based on a
new report by Grand View Research, Inc. The rising demand for temporary nursing
staff especially due to growing geriatric population is boosting the scope for
these services across the world.
In
2010, the Association of American Medical Colleges estimated that U.S. might
face a shortfall of 150,000 doctors during the next 10-15 years. In August
2019, the National Association of Locum Tenens Organizations (NALTO) stated
that 90% of the U.S. healthcare facilities use locum tenens providers and over
50,000 physicians work on locum tenens projects every year. The increasing
number of physicians choosing to work as locum tenens is expected to propel the
market growth over the forecast period.
Furthermore,
the hospitals are forced to reduce the staff and implement policies for
ensuring the availability of nurses upon an increase in the workload, in
response to the pressure of costs. Due to high penetration of the market, there
is the availability of healthcare staff during emergencies, thereby driving the
market growth.
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https://www.grandviewresearch.com/industry-analysis/healthcare-staffing-market
Healthcare Staffing
Market Report Highlights
- By service, the market has
been segmented into travel nurse, per diem nurse, locum tenens, and allied
healthcare, out of which, the travel nurse segment dominated the market in
terms of revenue share in 2019
- Locum tenens are anticipated
to witness a significant growth rate over the forecast period owing to
rising number of physicians opting to work as locum tenens and due to the
cost-effectiveness to the providers
- North America held a
majority of the market share in 2019 due to shortage of skilled professionals
in the region, local presence of several market players, and overall
growth in geriatric population
- Asia Pacific is expected to
register the highest growth rate over the forecast period due to
increasing awareness regarding contract staffing, promising economic
outlook, and increasing investments by various market players
- Some of the key players
operating in the healthcare staffing market are AMN Healthcare; Envision
Healthcare Corporation; Maxim Healthcare Services, Inc.; CHG Management,
Inc.; inVentiv Health; Cross Country Healthcare, Inc.; TeamHealth; Adecco
Group; and Almost Family.
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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.
For more info visit @ https://www.grandviewresearch.com
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