Global Temporary Healthcare Staffing Market Size is valued at USD 61.4 Bn in 2023 and is predicted to reach USD 85.3 Bn by the year 2031 at a 4.35% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
Temporary healthcare staffing addresses the staffing requirements of healthcare organizations by providing medical professionals, including doctors, nurses, therapists, and others, for shorter durations. This can occur due to distinctive initiatives, fluctuations in seasons, and alterations in patient demand. The growth of temporary healthcare staffing on a global scale is fueling the globalization of the healthcare industry and advancements in technology. Temporary staffing companies are able to efficiently locate and recruit highly skilled workers from across the world, hence creating opportunities to enter new markets for their services.
Furthermore, another factor that is increasing the need for affordable staffing alternatives that can contribute to providing quality care is the rising prevalence of chronic diseases. Due to their heavy workloads, permanent medical personnel, such as nurses, are also pressured to contemplate temporary project-based employment. In addition, the market is anticipated to be propelled by increased government investments in market research and development and technology advancement.
However, the expansion of the temporary healthcare staffing industry is being affected by shifts in healthcare payment systems around the world. Complex processes and high costs can slow the growth of the worldwide temporary healthcare staffing industry. During the projected period, the global temporary healthcare staffing market is anticipated to experience growth due to the increasing use of natural expansion strategies such as acquisitions.
The temporary healthcare staffing market is segmented based on type, application, and end-user. Based on type, the market is segmented into physician staffing, per diem nurse staffing, travel nurse staffing, and allied healthcare staffing. Allied healthcare staffing category comprises Pharmacists and Pharmacy Technicians Staffing, Therapists and Rehabilitation Professionals Staffing, and Other Clinical Professionals Staffing. By application, the market is segmented into staffing gaps, seasonal demand, emergencies, temporary project support, crisis response teams, telemedicine and remote care, and others. By end-user, the market is categorised into hospitals & clinics, nursing homes, ambulatory surgical centres, hospice care centres, government healthcare facilities, rehabilitation centres, and others.
The travel nurse staffing temporary healthcare staffing market is expected to lead with a major global market share. Rising healthcare costs, nursing shortages in certain regions, and the necessity for specialized care during times of high demand or other health emergencies are the main factors propelling this expansion. This segment is especially essential because of the adaptability and flexibility of travel nurses, who may fill significant deficiencies in healthcare provision.
The hospitals & clinics category is estimated to grow rapidly in the global temporary healthcare staffing market because most hospitals & clinic facilities are expanding their staff by government mandates. Hospitals must adhere to the standard nurse-to-patient ratio established by various government agencies. Rising demand for specialists and the expansion of major hospitals & clinics networks. As a result of patient-centred legislation and regulation, hospitals are hiring more people to satisfy the current demand, especially in countries like the US, Germany, the UK, China, and India.
The North American temporary healthcare staffing market is expected to record a large market share in revenue in the near future. This can be attributed to several reasons, including an extensive healthcare system, rising consumer expenditure, and enabling governmental initiatives. In addition, Asia Pacific is anticipated to expand in the healthcare market's global healthcare staffing because of a well-developed healthcare system, supportive government policies, a large elderly population in the area, and the accessibility of temporary healthcare insurance in the workforce, which drives up demand in this region will boost the market's growth.
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 61.4 Bn |
|
Revenue Forecast In 2031 |
USD 85.3 Bn |
|
Growth Rate CAGR |
CAGR of 4.35 % from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By Type, Application And End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
|
Competitive Landscape |
Soliant Health, Envision Healthcare, Maxim Healthcare Services, CHG Management, Inc., Cross Country Healthcare, TeamHealth, Jackson Healthcare, LocumTenens, Trustaff, Aya Healthcare, Vibra Healthcare, Ample Healthcare, Acacium Group, SnapNurse, AMN Healthcare, BrightStar Care and Other market players. |
|
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Temporary Healthcare Staffing Market Snapshot
Chapter 4. Global Temporary Healthcare Staffing Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type Estimates & Trend Analysis
5.1. by Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type:
5.2.1. Physician Staffing
5.2.2. Per Diem Nurse Staffing
5.2.3. Travel Nurse Staffing
5.2.4. Allied Healthcare Staffing Pharmacists
5.2.4.1. Pharmacists and Pharmacy Technicians Staffing
5.2.4.2. Therapists and Rehabilitation Professionals Staffing
5.2.4.3. Other Clinical Professionals Staffing
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
6.2.1. Staffing Gaps
6.2.2. Seasonal Demand
6.2.3. Emergencies
6.2.4. Temporary Project Support
6.2.5. Crisis Response Teams
6.2.6. Telemedicine and Remote Care
6.2.7. Others Healthcare IT Management, etc.
Chapter 7. Market Segmentation 3: by End-User Estimates & Trend Analysis
7.1. by End-User & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-User:
7.2.1. Hospitals & Clinics
7.2.2. Nursing Homes
7.2.3. Ambulatory Surgical Centers
7.2.4. Hospice Care Centers
7.2.5. Government Healthcare Facilities
7.2.6. Rehabilitation Centers
7.2.7. Others Assisted Living Facilities, Home Healthcare Agencies etc.
Chapter 8. Temporary Healthcare Staffing Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
8.1.2. North America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.1.3. North America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.1.4. North America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.2. Europe
8.2.1. Europe Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
8.2.2. Europe Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.2.3. Europe Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.2.4. Europe Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.3. Asia Pacific
8.3.1. Asia Pacific Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
8.3.2. Asia-Pacific Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.3.3. Asia Pacific Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.3.4. Asia Pacific Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.4. Latin America
8.4.1. Latin America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
8.4.2. Latin America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.4.3. Latin America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.4.4. Latin America Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
8.5. Middle East & Africa
8.5.1. Middle East & Africa Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Type, 2019-2031
8.5.2. Middle East & Africa Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by Application, 2019-2031
8.5.3. Middle East & Africa Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by End-User, 2019-2031
8.5.4. Middle East & Africa Temporary Healthcare Staffing Market Revenue (US$ Million) Estimates and Forecasts by country, 2019-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Soliant Health
9.2.2. Envision Healthcare
9.2.3. Maxim Healthcare Services
9.2.4. CHG Management, Inc.
9.2.5. Cross Country Healthcare
9.2.6. TeamHealth
9.2.7. Jackson Healthcare
9.2.8. LocumTenens
9.2.9. Trustaff
9.2.10. Aya Healthcare
9.2.11. Vibra Healthcare
9.2.12. Ample Healthcare
9.2.13. Acacium Group
9.2.14. SnapNurse
9.2.15. AMN Healthcare
9.2.16. BrightStar Care
9.2.17. Triage Staffing
9.2.18. Other Prominent Players
Temporary Healthcare Staffing Market By Type-
Temporary Healthcare Staffing Market By Delivery Model-
Temporary Healthcare Staffing Market By Application-
Temporary Healthcare Staffing Market By End-User-
Temporary Healthcare Staffing Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
