Healthcare Staffing Market size was over USD 41.75 billion in 2024 and is projected to reach USD 98.19 billion by 2037, witnessing around 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of healthcare staffing is assessed at USD 44.02 billion.
This boost is anticipated by the slated growth in chronic disease conditions are estimated to increase as about 1 out of 3 adults suffer worldwide from multiple chronic conditions. According to the National Institutes of Health Report 2023, there has been an increase of about 7% from 67% of deaths in 2010 to 74% of deaths in 2019, globally which are caused by chronic conditions.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
6.8% |
Base Year Market Size (2024) |
USD 41.75 billion |
Forecast Year Market Size (2037) |
USD 98.19 billion |
Regional Scope |
|
Service Type (Travel Nurse Staffing, Allied Healthcare Staffing, Per Deim Nurse Staffing, Locum Tenens Staffing)
The travel nursing staffing segment is poised to hold over 31% healthcare staffing market share by the end of 2037 driven by the increasing demand for travel nurses globally. According to a report by AMN Healthcare survey in 2024, the usage of travel nurses increased by 35% in 2020, attributed to the gain in clinical experience in several settings, short-term assignments, travel opportunities, and flexible work hours.
In addition, there is a growth in healthcare costs and hospitals are expected to reduce their working staff, credited to which travel nurses are required whenever the workload is increased.
End-users (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings)
The hospital segment is estimated to gain a robust revenue globally in the end-user segment, owing to the increasing demand for the healthcare industry, the all-time availability of trauma centers, and the lucrative handling of traumatic injuries and several serious cases. Hospitals are well-equipped with advanced diagnostic facilities, including high-resolution computed tomography (CT) scanners and ultrasound machines. According to a report in 2022, more than 3.5 billion people which is almost half of the world’s population lacks the access to proper healthcare.
Additionally, hospitals will dominate this industry as they offer a multidisciplinary approach to healthcare staffing management. This collaborative environment allows for consultations with various specialists, including urologists, nephrologists, radiologists, and dietitians, ensuring a well-rounded and individualized approach to patient care.
Our in-depth analysis of the healthcare staffing market includes the following segments:
Service Type |
|
End-users |
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North American Market Statistics
North America industry is estimated to hold largest revenue share of 49% by 2037. The landscape's substantial growth in the region is expected credited to the surge in the aging population.
Attributed to the growth in the geriatric population the demand for healthcare services in the United States is increasing. According to a report by the Census in 2023, the elder population has grown by 50.9 million, from 4.9 million (or 4.7% of the total U.S. population) in 1920 to 55.8 million (16.8%) in 2020.
In Canada there is an increasing demand for medical professionals, especially in temporary staffing. According to a report in 2022, the personal and temporary healthcare staffing would grow by about 15% with a size of more than USD 4 billion.
APAC Market Analysis
The Asia Pacific region will also encounter a huge influence on the healthcare staffing market demand during the forecast period with a size and will account for the second position attributed to the increasing population of this region. According to the UN-Habitat, it is predicted that the urban population in APAC is projected to increase by 50%.
The increase in demand for nurses and doctors for better medical services in China is expected to boost the demand for healthcare staffing. According to a report by the National Institutes of Health in 2021, there were about 2.62 physicians for per 1000 population in China.
There has been an increase in healthcare expenditures in Japan which will increase the market size expansion of the healthcare staffing sector. According to a report in 2023, there was about 2.2 times growth over the last 30 years in Japan from 1990 to 2015 in the healthcare expenditure in Japan.
The healthcare staffing market value is predicted that the top five companies would occupy about 21%. Most of these companies are continuously collaborating, expanding, making agreements, and joining ventures for the growth of this revenue share and are estimated to be the major key players in this landscape.
Author Credits: Radhika Pawar
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