Market Research Logo

Healthcare Staffing Market in US - Industry Outlook and Forecast 2018-2023

Healthcare Staffing Market in US - Industry Outlook and Forecast 2018-2023

Increasing demand for registered nurses and other medical professionals in the US healthcare ecosystem is likely to drive the healthcare staffing market in US to cross $28 billion by 2023, growing at an unprecedented CAGR of 9.3% during the period 2017–2023.

Report Timeline
Historic Year: 2016
Base Year: 2017
Forecast Year: 2018–2023

The major vendors included in the report are as follows:
AMN Healthcare
CHG Healthcare Services
Cross Country Healthcare
Jackson Healthcare

Other prominent vendors in the market include Accountable Healthcare Staffing, Aureus Medical Group, Aya Healthcare, Favorite Healthcare Staffing, InGenesis, Healthcare Staffing Services, Maxim Healthcare Services, Medical Solutions, MedPartners, HealthTrust Workforce Solutions, Soliant Health, Supplemental Health Care, Trustaff, and Vista Staffing Solutions.

Other vendors mentioned in the report are ACCESS Healthcare Services, Addison Group, Advanced Medical Personnel Services , A-Line Staffing Solutions, All Medical Personnel , Ardor Health Solutions, ATC, CareerStaff Unlimited (Genesis), Cirrus Medical Staffing, CoreMedical Group , D&Y (Team Health), Emerald Health Services, Health Carousel, HealthCare Support, Interim HealthCare, Kelly Services, LiquidAgents Clinical Staffing Solutions, Loyal Source, Medicus, Medix, Mint Physician Staffing, Nightingale Nurses, PrideStaff, The Delta Companies, The Execu|Search Group, The Judge Group, Therapy Source, Travel Nurse across America, Trinity Healthcare Staffing Group, and Yoh.

Scope of the Report
The report considers the present scenario of the market in US and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading vendors and various other prominent vendors operating in the market.
This report provides the details of the market size in revenue and includes a detailed market segmentation of the market by the following segments:

Staffing Services
Nursing (Travel and Per Diem)
Allied Health
Locum Tenens

Client
Hospitals
Pharma
Other Healthcare
Government
Others

The industry in the US is witnessing a shortage of nurses in the country. Despite the fact that registered nurses are among the single largest healthcare professionals in the country, the vacancy rate for registered nurses is growing.

AMN, CHG, Cross Country, and Jackson are the leading vendors in the market.
The US has been witnessing a diminishing pipeline of new recruits in the nursing industry. Low admissions in nursing schools due to the shortage of faculty, aging population of registered nurses, and increase in the percentage of US population covered under medical insurance and requiring medical assistance are factors that are driving the healthcare staffing industry in the US.

Healthcare Staffing Market in US: Key Vendor Analysis

The market in the US is highly fragmented with the presence of large, medium, and small-sized vendors. Historically, the market has always shown a low level of concentration. However, since the last two years, the competitive landscape has completely changed.
Although the market is characterized by the presence of diversified vendors offering their services across the country, as these players would increase their footprint in the market, local players would be finding it increasingly difficult to compete with them, especially in terms of features such as service quality, geographical reach, and the client base. The report profiles the leading players in the market and provides a complete value chain analysis of the market.

US Healthcare Staffing Market: Dynamics
Rapid growth in overall insured lives and rise in aging population to drive the market growth

The increase in the number of medical jobs has been steady in the last 25 years. However, since 2010, the market has been witnessing an increase in demand for medical vacancies. The implementation of ACA in the US was the fueling factor for the growth of the healthcare staffing market in US.
Fueled by an increasing patient census in the US, the market witnessed increased demand for temporary staffing services to mitigate the shortage of nurses and physicians in the health settings. This boosted the demand for temporary staffing services. This trend will continue over the next few years and will make medical staffing as one of the leading employment sectors in the US. Furthermore, increased market consolidation and shift toward ambulatory services from inpatient services are also likely to add to the market growth during the forecast period.

Healthcare Staffing Market in US: Segmental Analysis
Nurses staffing segment to witness maximum growth

The implementation of ACA in 2010 and the increase in the population percentage covered under medical insurance have driven the demand for nursing staffs in the US. This trend is expected to continue over the next few years. There is a high demand for travel and per diem nurses in the US because of factors such as more number of people gaining health coverage under the ACA and an invigorated US economy. ACA has created a surge in nursing demand as people are seeking out proper health insurance and obtaining effective medical care. The increase in medical care usage has contributed to a high patient turnover in hospitals.

Although the demand for allied health staff is expected to show a considerable increase, the nurses segment will be the major staffing segment in the market in the US. As more physicians are choosing to work as locum tenens and also as a full-time option in the country, the demand for locum tenens is witnessing a rapid growth in the market. Similarly, in terms of the end-user segment, hospitals will constitute the maximum share followed by the pharmaceutical client segment.


1 Research Methodology
2 Research objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Staffing Services Type
4.3.2 Market Segmentation by End-user Type
4.3.3 Geography Covered
5 Report Assumptions & Caveats
5.1 Key Caveats
5.1.1 Inclusions
5.1.2 Exclusions
5.2 Currency Conversion rate
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Ecosystem of Healthcare Staffing
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Increasing Shortage of Registered Nurses
8.1.2 Rising Aging Population with Increased Life Expectancy Rate
8.1.3 Growing Utilization of Healthcare Services
8.1.4 YOY Impact of Market Growth Enablers
8.2 Market Growth Restraint
8.2.1 Limited Pool of Qualified Healthcare Professionals
8.2.2 Presence of Stringent Government Regulations
8.2.3 YOY Impact of Market Growth Restraint
8.3 Market Opportunities & Trends
8.3.1 Increasing Demand for Registered Nurses
8.3.2 Growing Market Consolidation
8.3.3 Witnessing a Shift from Inpatient Services toward Ambulatory Services
8.3.4 YOY Impact of Market Opportunities & Trends
8.3.5 Sensitivity Analysis of Key Market Trends and Opportunities
9 Supply Chain Analysis
9.1 Overview of Staffing Process
9.1.1 Search Specification
9.1.2 Candidate Generation
9.1.3 Candidate Evaluation
9.1.4 Presentation and Interview
9.1.5 Final Offer
9.1.6 Closure
9.2 RPO At a Glance
9.2.1 Staffing Agency Business Model
10 Healthcare Staffing Market
10.1 US: Staffing market
10.1.1 Market Overview
10.2 Healthcare Staffing Market in US
10.2.1 Market Overview
10.2.2 Historical Market 2013–2016
10.2.3 Market Size & Forecast 2017–2023
10.2.4 Implementation of ACA
10.2.5 Rising Home Healthcare Market
10.3 Porter’s Five Forces Analysis
10.3.1 Threat of New Entrants
10.3.2 Bargaining Power of Suppliers
10.3.3 Bargaining Power of Buyers
10.3.4 Threat of Substitutes
10.3.5 Competitive Rivalry
11 Market By Service Offerings
11.1 Market Overview
12 Travel and Per Diem Nursing Staffing Market in US
12.1 Historical Market 2013–2016
12.2 Market Size & Forecast 2017–2023
12.3 Leading Trend, Enabler, and Restraint
13 Allied Health Staffing Market in US
13.1 Historical Market 2013–2016
13.2 Market Size & Forecast 2017–2023
13.3 Leading Trend, Enabler, and Restraint
14 Locum Tenens Staffing Market in US
14.1 Historical Market 2013–2016
14.2 Market Size & Forecast 2017–2023
14.3 Leading Trend, Enabler, and Restraint
15 Market by End-users
16 Competitive Landscape
16.1 market overview
16.2 Market VENDOR Share Analysis
16.2.1 Overview
16.2.2 Vendor Ranking by Staffing Services
17 Key Company Profiles
17.1 AMN Healthcare
17.1.1 Business Overview
17.1.2 Service Offerings
17.1.3 Key Strategies
17.1.4 Key Strength
17.1.5 Key Opportunities
17.2 CHG Healthcare Services
17.2.1 Business Overview
17.2.2 Major Service Offerings
17.2.3 Key Strategies
17.2.4 Key Strengths
17.2.5 Key Opportunities
17.3 Cross Country Healthcare
17.3.1 Business Overview
17.3.2 Major Service Offerings
17.3.3 Key Strategies
17.3.4 Key Strengths
17.3.5 Key Opportunities
17.4 Jackson Healthcare
17.4.1 Business Overview
17.4.2 Major Service Offerings
17.4.3 Key Strategies
17.4.4 Key Strengths
17.4.5 Key Opportunities
18 Other Prominent Companies
18.1 Accountable Healthcare Staffing (Mitsui & Co.)
18.1.1 Business Overview
18.1.2 Strength
18.2 Aureus Medical Group (C&A Industries)
18.2.1 Business Overview
18.2.2 Strength
18.3 Aya Healthcare
18.3.1 Business Overview
18.3.2 Strength
18.4 Favorite Healthcare Staffing
18.4.1 Business Overview
18.4.2 Strength
18.5 InGenesis
18.5.1 Business Overview
18.5.2 Strength
18.6 Healthcare Staffing Services
18.6.1 Business Overview
18.6.2 Strength
18.7 Maxim Healthcare Services
18.7.1 Business Overview
18.7.2 Strength
18.8 Medical Solutions (TPG Growth)
18.8.1 Business Overview
18.8.2 Strength
18.9 MedPartners
18.9.1 Business Overview
18.9.2 Strength
18.10 HealthTrust Workforce Solutions (earlier Parallon Workforce Solutions)
18.10.1 Business Overview
18.10.2 Strength
18.11 Soliant Health (Adecco)
18.11.1 Business Overview
18.11.2 Strength
18.12 Supplemental Health Care
18.12.1 Business Overview
18.12.2 Strength
18.13 Trustaff
18.13.1 Business Overview
18.13.2 Strength
18.14 Vista Staffing Solutions
18.14.1 Business Overview
18.14.2 Strength
18.15 Other Vendors Worth Mention
19 Report Summary
19.1 Key Takeaways
19.2 Qualitative Summary: Healthcare Staffing Market in US
19.3 Quantitative Summary: Healthcare Staffing Market in US
20 Appendix
20.1 List of Abbreviations
20.2 Active professional nurses in US by states
20.3 Active Physicians in US by states
20.4 Primary Care Physicians in US by Field
20.5 Active Physicians assistants in US
List of Exhibits
Exhibit 1 Segmentation of Healthcare Staffing Market in US
Exhibit 2 Market Size Calculation Approach 2017
Exhibit 3 Market Size Calculation 2017
Exhibit 4 Overview of Healthcare Staffing Market in US
Exhibit 5 Healthcare Staffing: Infographic
Exhibit 6 Ecosystem of Healthcare Staffing
Exhibit 7 Vacancy Rate of Registered Nurses in US Hospitals 2013 and 2017
Exhibit 8 Nurse Demand vs. Nurse Supply 2012 and 2025 (in thousands)
Exhibit 9 US Demography by Population Group 2015 (million)
Exhibit 10 Aging Population in US 2010–2050 (percentage of overall population)
Exhibit 11 Average Stay in Hospital by Age Group in US 2017 (number of days)
Exhibit 12 Average Life Expectancy in US by Gender 2015
Exhibit 13 Decline in Mortality Rate in US 2013 and 2014 (deaths per 100,000 individuals)
Exhibit 14 Number of People Getting Insured Under ACA in US: An Overview
Exhibit 15 US States by Average Registered Nurses’ Salary as of May 2015
Exhibit 16 Average Annual Salary of Travel Nurses in US States (as of July 2016)
Exhibit 17 Demand for Registered Nurses in US by States 2022
Exhibit 18 Transactions in Staffing Market versus Healthcare Staffing Market in US 2009–2017
Exhibit 19 Sensitivity Analysis of Key Market Trends 2017–2023
Exhibit 20 Staffing Process at a Glance
Exhibit 21 Recruitment Process Outsourcing at a Glance
Exhibit 22 US GDP Growth Rate Changes 2006–2016
Exhibit 23 US Unemployment Rate 2002–2017
Exhibit 24 Temporary and Contract Staffing Market in US 2005–2016 ($ billion)
Exhibit 25 US: Unemployment Rate Vs. People Employed by Staffing Agencies 2002–2017
Exhibit 26 Temporary and Contract Staffing in US 2005–2016 (millions of employees)
Exhibit 27 Job Creation: Overall Jobs Vs. Healthcare Jobs 2014–2017 (thousands)
Exhibit 28 Staffing Industry Revenue Expected Growth by Segment through 2020
Exhibit 29 US Staffing Industry Workforce by Sector Revenue 2017
Exhibit 30 US Cumulative Healthcare Employment by Medical Organizations’ Settings 2017
Exhibit 31 Healthcare Staffing Market in US: Historical Data 2013–2016 ($ billion)
Exhibit 32 National Healthcare Expenditure in US 2013–2023 ($ trillion)
Exhibit 33 Expected Growth in Insured Lives in US 2014–2019 (millions of lives)
Exhibit 34 Healthcare Staffing Market in US 2017–2023 ($ billion)
Exhibit 35 Home Healthcare Market in US 2015–2023 ($ billion)
Exhibit 36 Five Forces Analysis 2017
Exhibit 37 Various Staffing Services Offered by Healthcare Staffing Companies in US
Exhibit 38 Healthcare Staffing Market in US by Staffing Services 2017
Exhibit 39 Healthcare Staffing Market in US by Staffing Services: CAGRs 2017–2023
Exhibit 40 Nursing Staffing Market in US: Historical Data 2013–2016 ($ billion)
Exhibit 41 Nursing Staffing Market in US 2017–2023 ($ billion)
Exhibit 42 Changes in AMN Healthcare Stock Prices 2011–2017 ($)
Exhibit 43 Travel Nursing Staffing Market in US 2017−2023 ($ billion)
Exhibit 44 Per Diem Nursing Staffing Market in US 2017−2023 ($ billion)
Exhibit 45 Various Reasons Healthcare Organizations Hire Travel and Per Diem Nurse 2017
Exhibit 46 Allied Health Staffing Market in US: Historical Data 2013–2016 ($ billion)
Exhibit 47 Allied Health Staffing Market in US 2017–2023 ($ billion)
Exhibit 48 Allied Healthcare Staffing Market in US by Sub-category 2017
Exhibit 49 Projected Growth in Employment of Allied Healthcare Professionals in US 2015–2020
Exhibit 50 Locum Tenens Staffing Market in US: Historical Data 2013–2016 ($ billion)
Exhibit 51 Locum Tenens Staffing Market in US 2017–2023 ($ billion)
Exhibit 52 Breakdown of Locum Tenens Staffing Market in US by Job 2017
Exhibit 53 Demand and Supply of Total Physicians in US 2013 and 2025 (in thousands)
Exhibit 54 Shortage of Primary Care Doctors in US (% of needs met)
Exhibit 55 Various End-users of Healthcare Staffing Market in US
Exhibit 56 Healthcare Staffing Market in US by End-users 2017
Exhibit 57 Increasing Concentration of Market Share 2005 and 2017
Exhibit 58 Healthcare Staffing Market in US by Vendor Share Analysis 2017
List of Tables
Table 1 Key Caveats
Table 2 Currency Conversion 2013−2017
Table 3 YOY Impact of Market Growth Enablers 2017−2023
Table 4 YOY Impact of Market Growth Restraint 2017−2023
Table 5 Recent Mergers and Acquisitions Witnessed in Healthcare Staffing Market in US
Table 6 YOY Impact of Market Opportunities & Trends 2017−2023
Table 7 Healthcare Staffing Market by Staffing Services: Key facts
Table 8 US States with Highest Demand for Travel and Per Diem Nurses 2017
Table 9 Non-primary Care Physician Shortage in US by Specialty by 2025
Table 10 Leading Three Vendors in Travel Nursing Staffing Market in US 2017
Table 11 Leading Three Vendors in Per Diem Nursing Staffing Market in US 2017
Table 12 Leading Three Vendors in Locum Tenens Staffing Market in US 2017
Table 13 Leading Three Vendors in Allied Health Staffing Market in US 2017
Table 14 Vendor Staffing Services Offerings in Healthcare Staffing Market in US 2017
Table 15 AMN Healthcare: Service Offerings
Table 16 AMN Healthcare: Segments and Service Offerings
Table 17 CHG Healthcare Services: Service Offerings
Table 18 CHG Healthcare Services: Various Brands
Table 19 Cross Country Healthcare: Service Offerings
Table 20 Cross Country Healthcare: Various Brands
Table 21 Jackson Healthcare: Service Offerings
Table 22 Qualitative Summary of Healthcare Staffing Market in US
Table 23 Quantitative Summary of Healthcare Staffing Market in US ($ billion)
Table 24 Quantitative Summary of Market by Travel Nursing Staffing ($ billion)
Table 25 Quantitative Summary of Market by Per Diem Nursing Staffing ($ billion)
Table 26 Quantitative Summary of Market by Allied Health Staffing ($ billion)
Table 27 Quantitative Summary of Market by Locum Tenens Staffing ($ billion)
Table 28 Active Professional Nurses in US 2016
Table 29 Number of Active Physicians in US by States 2016
Table 30 Number of Primary Care Physicians in US by States 2016
Table 31 Number of Active Physicians Assistants in US by States 2016

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report