Maximize Market Research, a top global provider of information and research on the regional and global aerospace and defence industry, has published a report on the Healthcare Staffing market. Along with other crucial business information, the report offers market sizes by area and projections until 2029.
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A variety of market and industry-related topics are covered in the report. A few marketing techniques include product launches, business expansion, alliances, joint ventures, and acquisitions. This study’s preparation has taken into account all crucial aspects of market research that are pertinent to the current state of the sector. The main business trends, difficulties, and opportunities are also included in this market research analysis. The aerospace and defence industry’s leading business consultant, Maximize Market Research, just released a report on the competitive environment and market intelligence for the Healthcare Staffing Market. An expert with 18 years of experience used primary and secondary data to examine the market from both a domestic and international perspective.
Healthcare Staffing Market was valued at US$ 39.8 Bn. in 2021. Global Healthcare Staffing Market size is expected to grow at a CAGR of 7.2 % through the forecast period.
Healthcare Staffing Market Overview:
The fundamentals of the Healthcare Staffing Market may be better understood by undertaking a thorough statistical analysis of present and emerging trends. The study looks at Porter’s five forces in order to evaluate the significance of a number of factors, such as threats posed by various agents, competitive strength, and the comprehension of a resource by aspirant young firms. In order to determine the total market size by countries and market categories, the study examined each nation at the micro level. The size of the regional and global markets is calculated using a technique called “bottom-up” forecasting. How much the underground market contributes to the expansion of the larger market can be ascertained by performing a micro level examination of each nation. In-depth interviews with well-known local business owners supported the findings. Both for-profit and open-access sources provide the data that is used in secondary research, which is subsequently analysed. Actual government data, commercial databases, and annual reports of publicly traded companies are the sources for consumption by category and supply by each player in each nation.
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Healthcare Staffing Market Segmentation:
Based on Service Type, the Travel Nurse Staffing segment dominated the market with 32.7% share in 2021. Fast services, cost-effectiveness, and a nursing shortage can all be credited for the travel nurse staffing segment’s explosive growth. In the upcoming years, it is expected that this situation would continue.
During the forecast period, locum tenens will rise at the highest rate. Two of the elements influencing the market growth are employers’ cost-effectiveness and physicians’ need for locum tenens assignments. As it is more affordable, hospitals, organizations, and clinics choose locum tenens during busy times and when a regular physician is away or taking a leave.
Medical doctors and other professionals prefer to work as locum tenens because of the shorter term of the assignment, the flexible schedule, the travel opportunities, and the variety of clinical experiences. Through specialist employment agencies or hospital staffing pools, per diem nurses are employed for brief assignments and paid daily.
The comparatively high pay and work flexibility are the key factors influencing nurses’ decision to work per diem. Clinics, outpatient centres, and hospital groups must fill both temporary and last-minute staffing needs as a result of unplanned absences, vacations, or increased patient acuity. Per diem services can be booked with a facility directly or through a staffing company. Also, before taking a permanent position, several nurses take per diem positions to get experience in various medical environments.
Regional Analysis:
- North America
- Europe
- Asia-Pacific
- Middle East and Africa (MEA)
- South America
The analysis of the Healthcare Staffing Market in the research considers cost structures, market shares, the producers’ supply networks, and the laws and regulations in effect at the time. By comparing the price of locally produced goods to the profit made, it is feasible to analyse the regional marketplaces for the Healthcare Staffing Market.
Healthcare Staffing Market Key players:
• Adecco group (Switzerland)
• CHG Management, Inc. (US)
• AMN Healthcare (US)
• Cross Country Healthcare, Inc. (US)
• Envision Healthcare Corp. (US)
• TeamHealth (US)
• Maxim Healthcare Services Inc. (US)
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