Temporary Healthcare Staffing Market Expected to Reach USD 85.3 Billion to 2031

March 21, 2024 11:11 AM GMT | By EIN Presswire
 Temporary Healthcare Staffing Market Expected to Reach USD 85.3 Billion to 2031
Image source: EIN Presswire

Global Temporary Healthcare Staffing Market is valued at US$ 61.4 Bn in 2023, & it is expected to reach US$ 85.3 Bn by 2031, with a CAGR of 4.35% from 2024-2031

JERSEY, NJ, US, March 21, 2024 /EINPresswire.com/ -- InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Temporary Healthcare Staffing Market – (By Type (Physician Staffing, Per Diem Nurse Staffing, Travel Nurse Staffing, Allied Healthcare Staffing (Pharmacists and Pharmacy Technicians Staffing, Therapists and Rehabilitation Professionals Staffing, Other Clinical Professionals Staffing)), By Application (Staffing Gaps, Seasonal Demand, Emergencies, Temporary Project Support, Crisis Response Teams, Telemedicine and Remote Care, Others), By End User (Hospitals & Clinics,Nursing Homes, Ambulatory Surgical Centers, Hospice Care Centers, Government Healthcare Facilities, Rehabilitation Centers, Others),), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Temporary Healthcare Staffing Market is valued at US$ 61.4 Bn in 2023, and it is expected to reach US$ 85.3 Bn by 2031, with a CAGR of 4.35% during the forecast period of 2024-2031.

Temporary healthcare staffing is staffing agencies that meet staffing needs in the short term. Examples include providing specialized skills, managing growing patient loads, and filling in for unavailable staff. The availability of possibilities nationwide, job-related incentives, and rising awareness of the advantages of temporary work are all elements propelling the market forward. Many people are finding jobs in the healthcare industry, and technology is a key factor in this trend.

An increasingly specialized workforce is required to manage the technical and non-technical components of telemedicine and medical informatics, increasing the demand for a temporary healthcare staffing market. However, a major obstacle to expanding the worldwide temporary healthcare staffing market is the increasing expense of this service, strict ethics, and regulations. Furthermore, the market is predicted to be fueled by numerous elements, including rising demand, technical progress, supportive governmental policies, and strong support for adaptable work hours.

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List of Prominent Players in the Temporary Healthcare Staffing Market:

• Soliant Health
• Envision Healthcare
• Maxim Healthcare Services
• CHG Management, Inc.
• Cross Country Healthcare
• TeamHealth
• Jackson Healthcare
• LocumTenens
• Trustaff
• Aya Healthcare
• Vibra Healthcare
• Ample Healthcare
• Acacium Group
• SnapNurse
• AMN Healthcare
• BrightStar Care
• Triage Staffing
• Other Market Players

Market Dynamics:

Drivers-

The worldwide temporary healthcare staffing services are in high demand due to several factors, including a growing elderly population, more chronic diseases, and a lack of qualified medical professionals. These variables put a lot of strain on healthcare systems. Therefore, we need staffing solutions that can adapt and be efficient so that people may get the healthcare they need without interruptions. Temporary healthcare staffing is necessary because of the critical need to maintain patient care standards in specialized areas, adjust rapidly to changing healthcare demands, and replace personnel shortages, driving the temporary healthcare staffing market.

Challenges:

There is a disparity between healthcare facilities' unique requirements and the skills and expertise of temporary workers. Because of this, integration problems may arise, necessitating further training and supervision, which is not always possible in hectic hospital settings. In addition, employing temporary workers instead of permanent ones can impact patient care quality and continuity because these individuals might not be as acquainted with the institution's procedures. Sustaining high-quality patient care while integrating temporary staff is a challenge, slowing down the market expansion. Additionally, market expansion could be hindered by a lack of knowledge about the advantages and procedures of temporary healthcare staffing.

Regional Trends:

The North American temporary healthcare staffing market is anticipated to register a major market share in revenue. It is projected to grow at a high CAGR in the near future because of the rapid adoption of technology in healthcare facilities, a highly developed healthcare system, an increasing need for high-quality healthcare services, a larger elderly population, and a higher incidence of chronic illnesses, temporary healthcare staffing services contributing to the region's growth. Besides, Asia Pacific had a considerable market share due to several factors, including an intensifying emphasis on sustainable practices, a robust healthcare system, the number of hospitals rising as a result of increased investment in public health and better healthcare infrastructure is raising the need for temporary healthcare staffing in this region.

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Recent Developments:

• In February 2024, CHG Healthcare released two new apps that helped people who work in healthcare. Locum tenens tasks were made easier by MyCompHealth and MyWeather. The apps let healthcare workers keep track of everything from their shift assignments to trip plans from their phones. The user's writing stays the same.

• In February 2024, Envision Healthcare entered into a multi-year, statewide agreement with Blue Cross and Blue Shield of Texas, the biggest customer-owned health insurer in the Lone Star State. This agreement will allow Blue Cross and Blue Shield of Texas to offer in-network care from Envision clinicians to its commercial, Managed Medicare, and Managed Medicaid members in Texas.

Segmentation of Temporary Healthcare Staffing Market-

By Type-
• Physician Staffing
• Per Diem Nurse Staffing
• Travel Nurse Staffing
• Allied Healthcare Staffing
o Pharmacists and Pharmacy Technicians Staffing
o Therapists and Rehabilitation Professionals Staffing
o Other Clinical Professionals Staffing

By Application-
• Staffing Gaps
• Seasonal Demand
• Emergencies
• Temporary Project Support
• Crisis Response Teams
• Telemedicine and Remote Care
• Others (Healthcare IT Management, etc.)

By End-User-
• Hospitals & Clinics
• Nursing Homes
• Ambulatory Surgical Centers
• Hospice Care Centers
• Government Healthcare Facilities
• Rehabilitation Centers
• Others (Assisted Living Facilities, Home Healthcare Agencies etc.)

By Region-
North America-
• The US
• Canada
• Mexico

Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-
• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

About Us:

InsighAce Analytic is a specializing in market research and consulting services that helps in building business strategies. Our mission is to provide high quality insights with using data analytics techniques and visualization tools that drives the disruption and innovation in market research industry. Our expertise is in providing syndicated and custom market intelligence reports with in-depth analysis and key market insights in a timely and cost-effective manner.

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Priyanka Tilekar
Insightace Analytic Pvt. Ltd.
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