Over the five years to 2016, revenue for the Healthcare Staff Recruitment Agencies industry is ancitipated to increase. Much of this growth is the result of increasing demand for healthcare services, driven by a progressively aging US population; and a shortage of qualified physicians, nurses and other healthcare personnel. In addition, hospitals have increasingly shifted their hiring preferences away from long-term and permanent hiring, instead relying on temporary workers to handle an influx of inpatient demand. Over the five years to 2021, continued growth in the healthcare sector, coupled with improvements in the overall labor market, and increases in the number of adults aged 65 and older will boost industry revenue. At the same time, the industry will benefit from an expected shortage of nurses and doctors, as hospitals and clinics that do not have enough staff will turn to recruitment agencies to temporarily fill their rosters, especially as the healthcare sector grows. As a result, industry revenue is expected to increase over the five-year period.
Healthcare staff recruitment agencies list employment vacancies for individuals who work to improve others’ physical well-being and social functioning capacity. These companies also refer and place applicants for employment. Individuals who are referred or placed are not employees of the agencies. While temp workers remain employees of the recruitment agency, these agencies do not directly supervise their employees at the clients’ work sites.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.