The healthcare staffing market is projected to experience significant growth, with a compound annual growth rate (CAGR) of 7.0%.
The growth in the healthcare staffing market is driven by several factors:
The market is expected to reach $62.1 billion by 2028, with a CAGR of 7.7%.
Reports indicate that approximately 16% of hospitals in the United States faced serious staffing shortages.
Projections suggest a shortfall of 3.2 million healthcare workers by 2026.
Technological advancements are reshaping the healthcare staffing landscape.
Companies are adopting innovative solutions to enhance their recruitment processes.
For example, the 'NurseShifts' application by StaffHealth.com streamlines the connection between nurses and healthcare facilities.
Collaborations and partnerships among key players are increasing in the healthcare staffing market.
These collaborations aim to leverage shared resources and expertise.
North America is the largest region in the healthcare staffing market.
This is driven by the demand for healthcare services, particularly mental health services and home healthcare.
Companies in the healthcare staffing market are focusing on cost-efficiency and compliance with government regulations.
Temporary staffing solutions are expected to continue as healthcare organizations seek flexibility in managing their workforce.
Major players in the healthcare staffing market include Envision Healthcare Corporation, AMN Healthcare Holdings Inc., and Maxim Healthcare Group Inc.
New entrants are also leveraging technology to disrupt traditional staffing models, leading to increased competition and improved services.