The healthcare staffing market size has exhibited significant growth in recent years and is projected to grow from $46.54 billion in 2024 to $49.78 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this growth include healthcare workforce shortages, flexible staffing needs, specialized skill requirements, government regulations and compliance, and focus on cost-efficiency.
The healthcare staffing market is anticipated to maintain robust growth, set to reach $68.83 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. Factors influencing this forecast period growth include a rising emphasis on mental health services, increasing demand for home healthcare services, diversity and inclusion initiatives, government investment in healthcare, and enhanced public health preparedness.
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What Main Factors Are Propelling the Growth of The Healthcare Staffing Market?
The increasing shortage of healthcare staff is among the prime factors driving the growth of the healthcare staffing market. This includes the considerable drop in the healthcare staff in various hospitals worldwide. For instance, a January 2023 study predicts a potential departure of over 6.5 million healthcare professionals from the U.S. workforce by 2026. Consequently, the growing workforce deficit underscores the critical need for healthcare staffing solutions, in turn, driving the market growth.
What Are the Major Segments Within the Global Healthcare Staffing Market?
1) By Service: Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenens Staffing, Allied Healthcare Staffing
2) By Function: Patient Care Staff, Administrative Staff, Support Staff, Technicians, Allied Health Professionals
3) By End User: Hospitals, Pharma, Clients, Government Agencies
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What Companies Are Major Players in The Healthcare Staffing Market?
Companies making significant contributions to the healthcare staffing market include Envision Healthcare Corporation, AMN Healthcare Holdings Inc., CHG Healthcare Services Inc., Maxim Healthcare Group Inc., Cross Country Healthcare Inc., and Aya Healthcare Inc., amongst others. These major players are contributing to the market’s growth and shaping its future direction.
What Key Trends Are Emerging in The Healthcare Staffing Market?
Advancements in technology represent a significant trend in the healthcare staffing market. Companies are adopting innovative technology to stay competitive, including initiatives like the May 2022 launch of ‘NurseShifts’ by StaffHealth.com. This app enables nurses to connect and engage with recruiters and healthcare facilities conveniently, significantly expediting the onboarding and job invitation processes.
Which Regions Are Expected to Grow The Fastest in The Healthcare Staffing Market?
North America was the largest region in the healthcare staffing market in 2024, with Asia-Pacific projected to be the fastest-growing region during the forecast period. The report covers the healthcare staffing market in regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Healthcare Staffing Market Report 2025 Offer?
The provided findings offer valuable insights into the healthcare staffing market, from market size projections to trends that will shape its future direction. Healthcare staffing refers to the process of hiring healthcare workers for specific organizations, ensuring optimal patient care and reducing nurse fatigue.
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