The healthcare staffing market is estimated to generate USD 40.1 billion in 2023, which will touch USD 64.2 billion, advancing at a 7.0% compound annual growth rate, by 2030.
The progression of this industry is mainly because of the high working flexibility as well as the surging occurrence of chronic ailments. Furthermore, the consciousness about the advantages of temporary employment, availability of opportunities, and incentives associated with the job has surged.
The travel nurse staffing category, based on service type, is leading the industry, with a 40% share. This can be because of the lack of skilled nurses as well as the necessity for their constant accessibility and cost-efficiency. Because of the rising healthcare expenditures during the pandemic of COVID-19, health centers were forced to reduce their employees.
The hospitals category, based on end user, is the largest contributor to the healthcare staffing market. This is because numerous hospitals are hiring skilled specialists in accordance with the rules implemented by governments to maintain an ideal nurse-to-patient ratio. Therefore, the employment of patient-centric rules is boosting the count of staff members in health centers.
APAC is likely to advance at the fastest rate, of 7.5%, during this decade. This is ascribed to the increasing need for workers to work for a specific period in this region.
Europe will also propel at a significant rate, because of the enormous lack of healthcare workers it has been facing for several years now.
With the surging incidence of chronic ailments and the high working flexibility, the healthcare staffing industry will continue to progress in the coming years.
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