Healthcare Staffing Market Rising Demands

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The rising demand for temporary nursing staff especially due to growing geriatric population is boosting the scope for these services across the world. Increasing awareness regarding the benefits of temporary staffing, job related perks, and availability of opportunities across the country are some of the factors contributing to the market growth.

The global healthcare staffing market size is poised to worth around US$ 45.2 Bn by 2026 and growing at a CAGR of around 5.2% over the forecast period 2019 to 2026.

The North America region accounted for the maximum share of the global healthcare staffing market in 2019 due to a lack of skilled professionals as compared to demand, cost-cutting of hospitals and healthcare supplier, and preference of healthcare professionals to work independently.

For the last few years, the healthcare industry is facing a shortage of skilled medical practitioners globally. For instance, according to the World Health Organization (WHO), in 2013, there was a shortfall of 7.2 million healthcare workers across the globe and the number is projected to reach 12.9 million by 2035.

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According to the U.S. Bureau of Labor Statistics, the average annual income for nurses was around USD 75,000 in 2018. Moreover, increasing shortage of healthcare professionals is expected to increase the salaries of nurses, in-turn attracting more individuals to opt for a career in the field of healthcare staffing. The increased flow of healthcare professionals will help in enduring the problem of staff shortage.

Clinical experience at different locations, short-term assignments, travel opportunities, and flexible schedules are attracting travel nurses and locum tenens, further boosting the market growth. A survey published by Avant Healthcare Professionals stated that around 50% of hospitals in U.S. reported job openings for temporary nurses and over 60% of the hospitals were expecting retirements of nurses in 2019. Also, the trend of appointing travel nurses saw an increase of 7% in 2019. These factors are anticipated to significantly boost the demand for healthcare staffing in U.S.

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

The players profiled in the report include Almost Family, Adecco Group, AMN Healthcare, Cross Country Healthcare, Inc., CHG Management, Inc., Envision Healthcare Corporation, General Healthcare Resources, Inc., Maxim Healthcare Services, Inc., inVentiv Health, Local Staff, LLC., and TeamHealth. The competitors are involved in the mergers, acquisitions, and collaborations to enhance service portfolio and geographical presence and thereby presence in the market.

Acumen Research and Consulting’s report on the global Healthcare Staffing market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2020 to 2027. The report provides revenue of the global Healthcare Staffing market for the period 2016–2027, considering 2019 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global Healthcare Staffing market during the forecast period.

A latest study collated and published by Acumen Research and Consulting analyzes the historical and present-day scenario of the global Healthcare Staffing market, to accurately gauge its potential future development. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for the future growth of the Healthcare Staffing market, to identify opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the Healthcare Staffing market will progress during the forecast period, 2020-2027. 

The report offers intricate dynamics about different aspects of the Healthcare Staffing market that aids companies operating in the market in making strategic development decisions. ARC’s study also elaborates on significant changes that are highly anticipated to configure the growth of the Healthcare Staffing market during the forecast period. It also includes a key indicator assessment to highlight the growth prospects of the Healthcare Staffing market, and estimate statistics related to the market progress in terms of value (US$ Bn).

The study covers a detailed segmentation of the Healthcare Staffing market, along with key information and a competitive outlook. The report mentions the company profiles of key players that are currently dominating the Healthcare Staffing market, wherein various developments, expansions, and winning strategies practiced and executed by leading players have been presented in detail. 

The report delves into the competitive landscape of the global Healthcare Staffing market. Key players operating in the global Healthcare Staffing market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global Healthcare Staffing market that have been profiled in this report.

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Market Segmentation

Market By Service

  • Travel Nurse
  • Locum Tenens
  • Per Diem Nurse
  • Allied Healthcare

By Geography

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Healthcare Staffing
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Healthcare Staffing Market By Service
1.2.2.1. Global Healthcare Staffing Market Revenue and Growth Rate Comparison By Service (2015-2026)
1.2.2.2. Global Healthcare Staffing Market Revenue Share By Service in 2018
1.2.2.3. Travel Nurse
1.2.2.4. Locum Tenens
1.2.2.5. Per Diem Nurse
1.2.2.6. Allied Healthcare
1.2.3. Healthcare Staffing Market By Geography
1.2.3.1. Global Healthcare Staffing Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.3.2. North America Healthcare Staffing Market Revenue and Growth Rate (2015-2026)
1.2.3.3. Europe Healthcare Staffing Market Revenue and Growth Rate (2015-2026)
1.2.3.4. Asia-Pacific Healthcare Staffing Market Revenue and Growth Rate (2015-2026)
1.2.3.5. Latin America Healthcare Staffing Market Revenue and Growth Rate (2015-2026)
1.2.3.6. Middle East and Africa (MEA) Healthcare Staffing Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Healthcare Staffing Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Healthcare Staffing Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Healthcare Staffing Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Healthcare Staffing Major Manufacturers in 2018

CHAPTER 4. HEALTHCARE STAFFING MARKET BY SERVICE
4.1. Global Healthcare Staffing Revenue By Service
4.2. Travel Nurse
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Locum Tenens
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Per Diem Nurse
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Allied Healthcare
4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. NORTH AMERICA HEALTHCARE STAFFING MARKET BY COUNTRY
5.1. North America Healthcare Staffing Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2. North America Healthcare Staffing Market Revenue Share Comparison, 2015 & 2026 (%)
5.3. U.S.
5.3.1. U.S. Healthcare Staffing Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
5.4. Canada
5.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)

CHAPTER 6. EUROPE HEALTHCARE STAFFING MARKET BY COUNTRY
6.1. Europe Healthcare Staffing Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. Europe Healthcare Staffing Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. UK
6.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
6.4. Germany
6.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
6.5. France
6.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
6.6. Spain
6.6.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
6.7. Rest of Europe
6.7.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)

CHAPTER 7. ASIA-PACIFIC HEALTHCARE STAFFING MARKET BY COUNTRY
7.1. Asia-Pacific Healthcare Staffing Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Asia-Pacific Healthcare Staffing Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. China
7.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.4. Japan
7.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.5. India
7.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.6. Australia
7.6.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.7. South Korea
7.7.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
7.8. Rest of Asia-Pacific
7.8.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)

CHAPTER 8. LATIN AMERICA HEALTHCARE STAFFING MARKET BY COUNTRY
8.1. Latin America Healthcare Staffing Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Latin America Healthcare Staffing Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. Brazil
8.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.4. Mexico
8.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
8.5. Rest of Latin America
8.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)

CHAPTER 9. MIDDLE EAST & AFRICA HEALTHCARE STAFFING MARKET BY COUNTRY
9.1. Middle East & Africa Healthcare Staffing Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Middle East & Africa Healthcare Staffing Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. GCC
9.3.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.4. South Africa
9.4.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)
9.5. Rest of Middle East & Africa
9.5.1. Market Revenue and Forecast By Service, 2015 – 2026 ($Million)

CHAPTER 10. COMPANY PROFILE
10.1. Almost Family
10.1.1. Company Snapshot
10.1.2. Overview
10.1.3. Financial Overview
10.1.4. Product Portfolio
10.1.5. Key Developments
10.1.6. Strategies
10.2. Adecco Group
10.2.1. Company Snapshot
10.2.2. Overview
10.2.3. Financial Overview
10.2.4. Product Portfolio
10.2.5. Key Developments
10.2.6. Strategies
10.3. AMN Healthcare
10.3.1. Company Snapshot
10.3.2. Overview
10.3.3. Financial Overview
10.3.4. Product Portfolio
10.3.5. Key Developments
10.3.6. Strategies
10.4. Cross Country Healthcare, Inc.
10.4.1. Company Snapshot
10.4.2. Overview
10.4.3. Financial Overview
10.4.4. Product Portfolio
10.4.5. Key Developments
10.4.6. Strategies
10.5. CHG Management, Inc.
10.5.1. Company Snapshot
10.5.2. Overview
10.5.3. Financial Overview
10.5.4. Product Portfolio
10.5.5. Key Developments
10.5.6. Strategies
10.6. Envision Healthcare Corporation
10.6.1. Company Snapshot
10.6.2. Overview
10.6.3. Financial Overview
10.6.4. Product Portfolio
10.6.5. Key Developments
10.6.6. Strategies
10.7. General Healthcare Resources, Inc.
10.7.1. Company Snapshot
10.7.2. Overview
10.7.3. Financial Overview
10.7.4. Product Portfolio
10.7.5. Key Developments
10.7.6. Strategies
10.8. Maxim Healthcare Services, Inc.
10.8.1. Company Snapshot
10.8.2. Overview
10.8.3. Financial Overview
10.8.4. Product Portfolio
10.8.5. Key Developments
10.8.6. Strategies
10.9. inVentiv Health
10.9.1. Company Snapshot
10.9.2. Overview
10.9.3. Financial Overview
10.9.4. Product Portfolio
10.9.5. Key Developments
10.9.6. Strategies
10.10. Local Staff, LLC
10.10.1. Company Snapshot
10.10.2. Overview
10.10.3. Financial Overview
10.10.4. Product Portfolio
10.10.5. Key Developments
10.10.6. Strategies
10.11. TeamHealth
10.11.1. Company Snapshot
10.11.2. Overview
10.11.3. Financial Overview
10.11.4. Product Portfolio
10.11.5. Key Developments
10.11.6. Strategies
10.12. Others
10.12.1. Company Snapshot
10.12.2. Overview
10.12.3. Financial Overview
10.12.4. Product Portfolio
10.12.5. Key Developments
10.12.6. Strategies

CHAPTER 11. RESEARCH APPROACH
11.1. Research Methodology
11.1.1. Initial Data Search
11.1.2. Secondary Research
11.1.3. Primary Research
11.2. Assumptions and Scope

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