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Medical Recruitment Market Size

Report ID: GMI9579
Published Date: May 2024
Report Format: PDF

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Medical Recruitment Market Size

Medical Recruitment Market size was valued at USD 10.1 billion in 2023 and is anticipated to showcase growth at 3.7% CAGR from 2024 and 2032. Increasing shortage of medical professionals, rise in geriatric population, and growing demand for specialty care is driving the market. Additionally, increasing investments in healthcare infrastructural development projects is also driving the demand for medical recruitments globally, which is adding to the revenue growth in the market.

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The medical recruitment market refers to the industry segment focused on facilitating the sourcing, placement, and employment of healthcare professionals within healthcare facilities. This market encompasses a wide range of services and activities aimed at matching qualified candidates with job opportunities in the healthcare sector, addressing workforce shortages, and meeting the staffing needs of healthcare providers, pharmaceutical manufacturers, medical device manufacturers, and healthcare research organizations.

Medical Recruitment Market Report Attributes
Report Attribute	Details
Base Year:	2023
Medical Recruitment Market Size in 2023:	USD 10.1 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	3.7%
2032 Value Projection:	USD 13.8 Billion
Historical Data for:	2021 - 2023
No. of Pages:	191
Tables, Charts & Figures:	338
Segments covered:	Service, Candidature, Industry Vertical, and Region
Growth Drivers:	Increasing shortage of medical professionals Rise in geriatric population Growing demand for specialty care Increasing investments in healthcare infrastructural development projects
Pitfalls & Challenges:	Regulatory challenges related to employee data privacy and safety High cost associated to hiring services in healthcare

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Medical recruitment market size was worth USD 10.1 billion in 2023 and will grow at 3.7% CAGR between 2024 and 2032, propelled by the growing shortage of medical professionals, the increase in the geriatric population, and the rising demand for specialty care.

The recruitment services segment garnered 30.6% share in 2023 due to rising demand for temporary medical staff to address shortages across healthcare settings.

North America medical recruitment industry recorded 40.2% share in 2023 and will reach USD 5.4 billion by 2032, owing to the region's advanced healthcare infrastructure, coupled with high demand for skilled medical professionals and the increasing prevalence of chronic diseases.

Accountable Healthcare, Adecco Group, AMN Healthcare, Aya Healthcare, Inc., CCM Recruitment International, CHG Management, Inc., Cross Country Healthcare, Envision Healthcare, Everyday Health, Inc., and Maxim Healthcare Services, among others.