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Locum Tenens Staffing Market Size
- Report ID: GMI9412
- Published Date: May 2024
- Report Format: PDF
Locum Tenens Staffing Market Size
Locum tenens staffing market size was valued at around USD 13.6 billion in 2023 and is estimated to grow at 10% CAGR from 2024 to 2032, driven by factors such as, persistent shortage of nurses and other healthcare professionals, expansion of telemedicine, and increasing demand for locum tenens staffing solutions among others. For instance, according to the U.S. Bureau of Labor Statistics, the demand for registered nurses is projected to surge by 9% from 2020 to 2030.
Similarly, there is a shortage of physicians, as the Association of American Medical Colleges projecting a shortfall of up to 139,000 physicians by 2033. This shortage is further exacerbated by factors such as an aging population, rising healthcare needs, and burnout among healthcare workers. As healthcare facilities strive to maintain high-quality patient care in the face of staffing challenges, locum tenens staffing has become an increasingly vital solution.
Locum tenens staffing refers to the practice of hiring temporary physicians or healthcare providers to fill in for regular staff members who are on leave, vacation, or unable to work due to other reasons. These temporary professionals work on a short-term basis, ranging from a few days to several months, depending on the need of the work.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Locum Tenens Staffing Market Size in 2023: | USD 13.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 10% |
| 2032 Value Projection: | USD 32.9 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 90 |
| Tables, Charts & Figures: | 118 |
| Segments covered: | Type, Specialties, End-use and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Locum Tenens Staffing Market Scope
