The U.S. healthcare staffing market plays a pivotal role in fulfilling the shortage of skilled healthcare professionals across various healthcare facilities in the country. With increasing geriatric population suffering from chronic illnesses, there has been substantial rise in the demand for quality healthcare services. As a result, healthcare providers are increasingly relying on staffing agencies to hire temporary or contract-based nurses, physicians, and other medical professionals.
The U.S. Healthcare Staffing Market is estimated to be valued at US$ 21.33 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising demand for quality healthcare services has been a key trend accelerating growth in the U.S. healthcare staffing market. In order to cope with increasing patient loads and provide adequate care, healthcare facilities have been focussing on expanding their staff strength through contract-based hiring. This has significantly benefitted staffing agencies, who are able to source and deploy medical professionals on a temporary basis to address periodic shortage. In recent years, there has been substantial rise in temporary hiring of nurses and physicians across various outpatient and inpatient care settings including hospitals, clinics, homecare services. This dependence on contract-based staffing is expected to continue growing during the forecast period.
Segment Analysis
The U.S. healthcare staffing market size is dominated by the travel nurse staffing segment. This segment accounts for over 40% of the total market share as there is high demand for travel nurses due to temporary or project-based staffing needs in healthcare organizations and facilities. In addition to travel nurses, the allied healthcare staffing and permanent nurse staffing are other prominent segments in this market.
Key Takeaways
The U.S. healthcare staffing market is expected to witness high growth. The U.S. Healthcare Staffing Market is estimated to be valued at US$ 21.33 Bn in 2024 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030.
The South region of the US is expected to grow the fastest in the U.S. healthcare staffing market during the forecast period owing to presence of large healthcare organizations and facilities in states like Texas, Florida and California driving the demand for staffing services. The west region currently dominates the market due to availability of high quality staffing providers as well as a large number of healthcare institutions requiring staffing services.
Key players related content comprises Key players related content
Key players operating in the U.S. Healthcare Staffing Market are Solvay SA, Nippon Chemical Industri and Adecco Group AG, CHG Healthcare Services, Maxim Healthcare Services, Inc.
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