U.S. HEALTHCARE STAFFING MARKET ANALYSIS

U.S. Healthcare Staffing MarketSize and Trends

The U.S. healthcare staffing market was valued at US$ 20.63 Billion in 2022 and is forecast to reach a value of US$ 26.97 Billion by 2030 at a CAGR of 3.4% between 2023 and 2030. The U.S. healthcare staffing market is experiencing strong growth owing to the shortage of healthcare staff and increasing prevalence of chronic disease in the U.S. Moreover, growing number of healthcare facilities and the outbreak of COVID-19 is expected to boost the growth of the market. However, factors such as stringent rules and regulations and rise in adoption of surgical robots are expected to hamper the growth of the U.S. healthcare staffing market.

U.S. Healthcare Staffing Market Trends:

Rise in demand for travel nurses is a recent trend

Travel nurses help fill gaps in areas where there is shortage of nurses. Travel nurses are skilled or trained healthcare professionals who work on short-term roles or temporary assignments at clinics, hospitals, and other healthcare organizations worldwide. According to the study conducted in April 2021 by Zippia, Inc., there were 1,696,386 traveling nurses employed in the United States in 2020. This trend is expected to continue over the forecast period.

Growing geriatric population is another trend

Growing geriatric population is leading to increasing demand for medical services and shortage of nurses and other medical staff. Geriatric population is more sU.S.ceptible to diseases and infections, leading to long-term hospitalization. People over 65 are three times more likely to have a hospital stay and twice as likely to visit physician's office, compared with the rest of the population. As per the U.S. CensU.S. Bureau, the number of adults aged 65 or older to grow an estimated 80% between 2020 and 2030. This trend is also expected to continue over the forecast period.