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Healthcare Staffing Market Analysis

Report ID: GMI5513
Published Date: Mar 2023
Report Format: PDF

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Healthcare Staffing Market Analysis

Based on type, healthcare staffing market size from travel nurse staffing segment is poised to record a valuation of over USD 64.5 billion by 2032. The segment experienced notable growth during the COVID-19 pandemic as nurses focused on seeking flexibility in their work, working in new places or specialities, and working for substantially higher pay as well. In fact, the demand for travel nurses increased more than 200% during that period as compared to pre-pandemic levels.

Healthcare staffing market from healthcare facilities segment is anticipated to witness a valuation of over USD 80.5 billion by 2032. Rising occurrence of chronic ailments has bolstered patient footfall in hospitals and other medical facilities. Increasing patient admissions due to these conditions has elevated work burden, fostering the need for skilled healthcare professionals. As per credible sources, the annual turnover rate in ICUs, nursing homes, and emergency departments increased from 18% during pre-pandemic era to 30% in 2021, increasing the need for healthcare staffing.

Global Healthcare Staffing Market, By Region

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North America healthcare staffing market is expected to grow past the valuation of USD 69 billion by 2032, driven by the region’s favorable healthcare policies. Government agencies across the region are putting resources towards the consolidation of their healthcare infrastructure. In fact, back in July 2022, the U.S. government announced an investment of more than USD 40 billion in American Rescue Plan Investments, allocating over USD 7 billion funded by HHS programs to strengthen the health workforce.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for healthcare staffing held a valuation of over USD 55 billion and is poised to grow at over 8.5% CAGR from 2023 to 2032, driven by the world’s surging geriatric population.

Healthcare facilities segment is slated to grow past USD 80.5 billion by 2032, on account of rising occurrence of chronic diseases across the world.

North America healthcare staffing market is likely to depict a valuation of more than USD 69 billion by 2032, fueled by the favorable healthcare policies of the governments in the region.

The list of key contenders partaking in the market share includes names such as Healthtrust Workforce Solutions, TeamHealth, Adecco Group, Medicus Healthcare Solutions, Aurus Medical Group (C&A Industries), and Trustaff, among others.