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.
Author Credits: Radhika Pawar
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