Product Code: GVR-4-68040-259-6
Locum Tenens Staffing Market Growth & Trends:
The global locum tenens staffing market is anticipated to reach USD 14.61 billion by 2030 and is projected to grow at a CAGR of 7.56% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising shortage of medical personnel, improving healthcare infrastructure and increasing investment in public health, and rising demand for temporary nursing staff, are primary factors driving the market growth.
The expansion of the market is attributed to an ongoing scarcity of medical professionals at healthcare facilities. According to the Medical Group Management Association's (MGMA) 2022 survey done with 673 healthcare organizations across the country, reported that 58% of respondents anticipate employment to be their healthcare facility's major challenge proceeding into 2023.
Furthermore, numerous healthcare organizations are pursuing partnerships, mergers, acquisitions, and expansion strategies to strengthen their market position. For instance, in May 2023, the Association for Advancing Physician and Provider Recruitment (AAPPR) partnered with six organizations such as Jackson Physician Search, CHG Healthcare, Jackson + Coker Locum Tenens, PracticeLink, Doximity, and LocumTenens.com. The purpose of this partnership is to support organizations to enhance their health care staffing and improve patient care by encouraging physician and provider staffing professionals with resources, high-quality education, and connections.
Locum Tenens Staffing Market Report Highlights:
- Based on specialty, the nurses segment led the market with the largest revenue share of 39.10% in 2023. This is attributed to overbooked schedule leading to burnout of full time nurses, rendering locum tenens nurses in high demand
- Based on end use, the hospitals segment led the market with the largest revenue share of 39.64% in 2023, owing to the hospitals, with their substantial patient volumes, serving as the primary employers of medical staff
- North America dominated the market with the largest revenue share of 51.94% in 2023. This can be attributed to a rise in demand for healthcare professionals, propelled by factors such as population expansion, aging demographics, and healthcare policy changes, underscores the necessity for adaptable staffing solutions
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Segment Definitions
- 1.2.1. Type
- 1.2.2. End-use
- 1.3. Estimates and Forecast Timeline
- 1.4. Research Methodology
- 1.5. Information Procurement
- 1.5.1. Purchased Database
- 1.5.2. GVR's Internal Database
- 1.5.3. Secondary Sources
- 1.5.4. Primary Research
- 1.6. Information Analysis
- 1.6.1. Data Analysis Models
- 1.7. Market Formulation & Data Visualization
- 1.8. Model Details
- 1.8.1. Commodity Flow Analysis
- 1.9. List of Secondary Sources
- 1.10. Objectives
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Rising shortage of primary care physicians and specialists
- 3.2.1.2. Rising demand for higher flexibility of working hours and exposure to various healthcare systems
- 3.2.1.3. Improvement in healthcare infrastructure and increasing investment in public health
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Shortage of skilled professional
- 3.2.2.2. Stringent government regulation
- 3.3. Business Environment Analysis
- 3.3.1. Industry Analysis - Porter's Five Model Analysis
- 3.3.1.1. Supplier power
- 3.3.1.2. Buyer power
- 3.3.1.3. Substitution threat
- 3.3.1.4. Threat of new entrant
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTLE Analysis
Chapter 4. Type Business Analysis
- 4.1. Type Market Share, 2023 & 2030
- 4.2. Type Segment Dashboard
- 4.3. Market Size & Forecasts and Trend Analysis, by Type, 2018 to 2030 (USD Million)
- 4.4. Physicians
- 4.4.1. Physicians market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Surgeons
- 4.5.1. Surgeons market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6. Nurses
- 4.6.1. Nurses market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.7. Anesthesiologist
- 4.7.1. Anesthesiologist market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.8. Radiologist
- 4.8.1. Radiologist market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. End-use Business Analysis
- 5.1. End-use Market Share, 2023 & 2030
- 5.2. End-use Segment Dashboard
- 5.3. Market Size & Forecasts and Trend Analyses, by End-use, 2018 to 2030 (USD Million)
- 5.4. Hospitals
- 5.4.1. Hospitals market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. Ambulatory Facilities
- 5.5.1. Ambulatory facilities market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Other End-use
- 5.6.1. Other End-use market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Regional Estimates & Trend Analysis
- 6.1. Regional Market Share Analysis, 2023 & 2030
- 6.2. Regional Market Dashboard
- 6.3. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
- 6.4. North America
- 6.4.1. North America Locum Tenens Staffing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. U.S.
- 6.4.2.1. Key country dynamic
- 6.4.2.2. Regulatory framework
- 6.4.2.3. Competitive insights
- 6.4.2.4. U.S. locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Canada
- 6.4.3.1. Key country dynamic
- 6.4.3.2. Regulatory framework
- 6.4.3.3. Competitive insights
- 6.4.3.4. Canada locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Europe
- 6.5.1. Europe Locum Tenens Staffing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Germany
- 6.5.2.1. Key country dynamic
- 6.5.2.2. Regulatory framework
- 6.5.2.3. Competitive insights
- 6.5.2.4. Germany locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.3. UK
- 6.5.3.1. Key country dynamic
- 6.5.3.2. Regulatory framework
- 6.5.3.3. Competitive insights
- 6.5.3.4. UK locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.4. France
- 6.5.4.1. Key country dynamic
- 6.5.4.2. Regulatory framework
- 6.5.4.3. Competitive insights
- 6.5.4.4. France locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.5. Italy
- 6.5.5.1. Key country dynamic
- 6.5.5.2. Regulatory framework
- 6.5.5.3. Competitive insights
- 6.5.5.4. Italy locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.6. Spain
- 6.5.6.1. Key country dynamic
- 6.5.6.2. Regulatory framework
- 6.5.6.3. Competitive insights
- 6.5.6.4. Spain locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.7. Denmark
- 6.5.7.1. Key country dynamic
- 6.5.7.2. Regulatory framework
- 6.5.7.3. Competitive insights
- 6.5.7.4. Denmark locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.8. Sweden
- 6.5.8.1. Key country dynamic
- 6.5.8.2. Regulatory framework
- 6.5.8.3. Competitive insights
- 6.5.8.4. Sweden locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.9. Norway
- 6.5.9.1. Key country dynamic
- 6.5.9.2. Regulatory framework
- 6.5.9.3. Competitive insights
- 6.5.9.4. Norway locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Asia Pacific
- 6.6.1. Asia Pacific Locum Tenens Staffing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Japan
- 6.6.2.1. Key country dynamic
- 6.6.2.2. Regulatory framework
- 6.6.2.3. Competitive insights
- 6.6.2.4. Japan locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.3. China
- 6.6.3.1. Key country dynamic
- 6.6.3.2. Regulatory framework
- 6.6.3.3. Competitive insights
- 6.6.3.4. China locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.4. India
- 6.6.4.1. Key country dynamic
- 6.6.4.2. Regulatory framework
- 6.6.4.3. Competitive insights
- 6.6.4.4. India locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.5. South Korea
- 6.6.5.1. Key country dynamic
- 6.6.5.2. Regulatory framework
- 6.6.5.3. Competitive insights
- 6.6.5.4. South Korea locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.6. Australia
- 6.6.6.1. Key country dynamic
- 6.6.6.2. Regulatory framework
- 6.6.6.3. Competitive insights
- 6.6.6.4. Australia locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.7. Thailand
- 6.6.7.1. Key country dynamic
- 6.6.7.2. Regulatory framework
- 6.6.7.3. Competitive insights
- 6.6.7.4. Thailand locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7. Latin America
- 6.7.1. Latin America Locum Tenens Staffing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Brazil
- 6.7.2.1. Key country dynamic
- 6.7.2.2. Regulatory framework
- 6.7.2.3. Competitive insights
- 6.7.2.4. Brazil locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.3. Mexico
- 6.7.3.1. Key country dynamic
- 6.7.3.2. Regulatory framework
- 6.7.3.3. Competitive insights
- 6.7.3.4. Mexico locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.4. Argentina
- 6.7.4.1. Key country dynamic
- 6.7.4.2. Regulatory framework
- 6.7.4.3. Competitive insights
- 6.7.4.4. Argentina locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.8. MEA
- 6.8.1. MEA Locum Tenens Staffing Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8.2. South Africa
- 6.8.2.1. Key country dynamic
- 6.8.2.2. Regulatory framework
- 6.8.2.3. Competitive insights
- 6.8.2.4. South Africa locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.8.3. Saudi Arabia
- 6.8.3.1. Key country dynamic
- 6.8.3.2. Regulatory framework
- 6.8.3.3. Competitive insights
- 6.8.3.4. Saudi Arabia locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.8.4. UAE
- 6.8.4.1. Key country dynamic
- 6.8.4.2. Regulatory framework
- 6.8.4.3. Competitive insights
- 6.8.4.4. UAE locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.8.5. Kuwait
- 6.8.5.1. Key country dynamic
- 6.8.5.2. Regulatory framework
- 6.8.5.3. Competitive insights
- 6.8.5.4. Kuwait locum tenens staffing market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Participant Overview
- 7.2. Company Market Position Analysis
- 7.3. Company Categorization
- 7.4. Strategy Mapping
- 7.5. Company Profiles/Listing
- 7.5.1. CHG Management, Inc.
- 7.5.1.1. Overview
- 7.5.1.2. Financial performance
- 7.5.1.3. Service benchmarking
- 7.5.1.4. Strategic initiatives
- 7.5.2. AMN Healthcare
- 7.5.2.1. Overview
- 7.5.2.2. Financial performance
- 7.5.2.3. Service benchmarking
- 7.5.2.4. Strategic initiatives
- 7.5.3. ViSTA Staffing Solutions
- 7.5.3.1. Overview
- 7.5.3.2. Financial performance
- 7.5.3.3. Service benchmarking
- 7.5.3.4. Strategic initiatives
- 7.5.4. LocumTenens.com
- 7.5.4.1. Overview
- 7.5.4.2. Financial performance
- 7.5.4.3. Service benchmarking
- 7.5.4.4. Strategic initiatives
- 7.5.5. Aya Healthcare, Inc.
- 7.5.5.1. Overview
- 7.5.5.2. Financial performance
- 7.5.5.3. Service benchmarking
- 7.5.5.4. Strategic initiatives
- 7.5.6. Weatherby Healthcare. A CHG Company.
- 7.5.6.1. Overview
- 7.5.6.2. Financial performance
- 7.5.6.3. Service benchmarking
- 7.5.6.4. Strategic initiatives
- 7.5.7. The Delta Companies
- 7.5.7.1. Overview
- 7.5.7.2. Financial performance
- 7.5.7.3. Service benchmarking
- 7.5.7.4. Strategic initiatives
- 7.5.8. Medicus Healthcare Solutions, LLC
- 7.5.8.1. Overview
- 7.5.8.2. Financial performance
- 7.5.8.3. Service benchmarking
- 7.5.8.4. Strategic initiatives
- 7.5.9. Locumpedia
- 7.5.9.1. Overview
- 7.5.9.2. Financial performance
- 7.5.9.3. Service benchmarking
- 7.5.9.4. Strategic initiatives
- 7.5.10. Maxim Staffing
- 7.5.10.1. Overview
- 7.5.10.2. Financial performance
- 7.5.10.3. Service benchmarking
- 7.5.10.4. Strategic initiatives