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Healthcare Staffing Market Size Is Likely To Reach USD 44.65 Billion By 2025: Grand View Research Inc.

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Healthcare Staffing Market Size Is Likely To Reach USD 44.65 Billion By 2025: Grand View Research Inc.

February 19
14:27 2019

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, Rising geriatric population is stirring up the demand for healthcare staffing services around the globe. However, there is a shortage of efficient nurses and other healthcare professionals. Geographical penetration of players through partnerships and rising awareness regarding benefits of contract staffing are likely to drive the market.

According to a new report, “Healthcare Staffing Market Size, Share & Trends Analysis Report By Service (Per Diem Nurse, Travel Nurse, Locum Tenens, Allied Healthcare), By Region, Vendor Landscape, And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc., the global healthcare staffing market size is likely to reach USD 44.65 billion by 2025, exhibiting a CAGR of 6.0% during the forecast period. Rising geriatric population is stirring up the demand for healthcare services around the globe. However, there is a shortage of efficient nurses and other healthcare professionals.

Key Takeaways from the report:

  • The allied healthcare segment accounted for the largest revenue share in the market in 2018. It includes physical therapists, medical technologists, occupational therapists, respiratory therapists, pharmacists, and phlebotomists

  • The locum tenens segment is projected to witness the fastest growth during the forecast period. This can be attributed to cost-effectiveness for employers and increase in the number of physicians choosing to work as locum tenens

  • North America will lead the market through 2025 due to increasing geriatric population, lack of skilled professionals as compared to demand, and local presence of several market players

  • Asia Pacific is likely to experience the fastest growth during the next decade due to increasing investments by several market players, positive economic outlook, and rising awareness about contract staffing

  • Some of the key players are Envision Healthcare Corporation; AMN Healthcare; CHG Management, Inc.; Maxim Healthcare Services, Inc.; Cross Country Healthcare, Inc.; inVentiv Health; Almost Family; TeamHealth; and Adecco Group.

U.S. Healthcare Staffing Market Size, By Service, 2014 - 2025 (USD Billion)

Browse More Reports in Healthcare Industry:

  • Laboratory Informatics MarketIncreasing requirement for life sciences companies to comply with regulatory demands has further promoted the incorporation of laboratory information management systems (LIMS) as it helps professionals understand and fulfill the complex regulatory obligations. Furthermore, demand for cost-efficient workflow management systems is anticipated to drive the growth over the forecast period.
  • Healthcare CRM MarketIncreasing demand for structured data and automation in healthcare organization is expected to drive the market growth. The demand for healthcare based Customer Relationship Management (CRM) is expected to get influenced by technological advances in the field of communication and Information Technology (IT).

Global Healthcare Staffing Market Share, By Region, 2018 (%)

Shortage of physicians in developed regions is expected to bolster the growth of the healthcare staffing market. For instance, the Association of American Medical Colleges had predicted in 2010 that the U.S. is estimated to face a shortage of 150,000 doctors over the next 10 to 15 years. Furthermore, availability of skilled professionals at lower costs as and when required is anticipated to propel the market in the coming years.

Also, in response to pressure of costs, hospitals are forced to reduce their staff and have implemented policies to ensure that nurses would be available for work when workload increases. The healthcare staffing market has significant penetration and can easily provide staff during emergencies.

Grand View Research has segmented the global healthcare staffing market by service and region:

Healthcare Staffing Service Outlook (Revenue, USD Million, 2014 – 2025)

  • Travel Nurse

  • Per Diem Nurse

  • Locum Tenens

  • Allied Healthcare

Healthcare Staffing Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • China

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • Middle East and Africa

    • South Africa

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: Switzerland
Website: www.grandviewresearch.com/industry-analysis/healthcare-staffing-market