Healthcare Staffing Market Size
Healthcare Services

What Will The Healthcare Staffing Market Look Like In 2023?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s healthcare staffing market report forecasts the healthcare staffing market size to grow to $57.18 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

Learn More On The Healthcare Staffing Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-staffing-global-market-report

Healthcare Staffing Market Size Forecast
The global healthcare staffing market is expected to grow from $40.39 billion in 2022 to $43.21 billion in 2023 at a compound annual growth rate (CAGR) of 7.00%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global healthcare staffing market size is expected to reach $57.18 billion in 2027 at a CAGR of 7.25%.

North America held the largest healthcare staffing market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Healthcare Staffing Market Driver ­– Growth In Shortage Of Healthcare Staff
According to Providertech LLC, a US-based healthcare corporation, as of October 2021, over 16% of hospitals were facing severe staffing shortages in February 2022. The country is expected to have a 3.2 million healthcare personnel shortage by 2026. As a result, the growing lack of healthcare workers is propelling the healthcare staffing market ahead.

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Key Healthcare Staffing Market Trend – Technological Advancement
Companies in the healthcare staffing sector are embracing new technology in order to maintain their market position. StaffHealth.com, a full-service healthcare staffing and recruitment business based in the United States, for example, developed an application technology called “NurseShifts” in May 2022. Using this app, nurses may instantly connect and contact recruiters and healthcare facilities from the comfort of their own hands. Nurses can speed up the onboarding and job invitation processes with a one-time signup. They can also receive notifications on jobs that match their background, geography, and availability.

Healthcare Staffing Market Segment
1) By Service: Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenes 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

Healthcare Staffing Market Major Players and Strategies
Major players in the healthcare staffing market are Envision Healthcare Corporation, AMN Healthcare, CHG Management Inc., Maxim Healthcare Group, Cross Country Healthcare Inc., Aya Healthcare, Adecco Group, Trustaff, TeamHealth, LocumTenens.com, Jackson Healthcare, Favorite Healthcare Staffing Inc. and Medical Solutions LLC.

Cross Country Healthcare Inc., a US-based employment firm, bought Workforce Solutions Group Inc. in June 2021 for $25 million in cash and $5 million in stock. This acquisition allows them to expand their footprint in the home care market and play a different role in healthcare by providing critical care to their ageing population and others. Workforce Solutions Group Inc. is a healthcare employment agency platform established in the United States that provides cutting-edge solutions to help people understand staffing demands, develop existing personnel, and attract and retain new talent.

The Healthcare Staffing Global Market Report 2023 covers regional data on healthcare staffing market size, healthcare staffing market trends and drivers, opportunities, strategies, and healthcare staffing market competitor analysis. The countries covered in the healthcare staffing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Healthcare staffing is the process of hiring healthcare personnel or providers on an as-needed basis for a specific organisation. Aside from guaranteeing better patient care, sufficient healthcare personnel numbers reduce nurse fatigue, prevent burnout, and increase patient satisfaction.

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