Global Per Diem Nurse Staffing Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 8.44 Billion |
 Market Size (Forecast Year) |
USD 12.85 Billion |
 CAGR |
% |
| Major Markets Players |
Global Per Diem Nurse Staffing Market, By Service (Emergency Department, Home Care Services), End Users (Hospitals, Clinics, Nursing Homes, Others) - Industry Trends and Forecast to 2031.
Per Diem Nurse Staffing Market Analysis and Size
According to the Centers for Disease Control and Prevention (CDC), the 2017-2018 influenza season hospitalized an estimated 959,000 people in the U.S. Similarly, the 2018-2019 flu season resulted in 69,000-84,000 hospitalizations in the U.S. United Nations Department of Economic and Social Affairs data for 2020 shows that the global geriatric population is USD 727 million. The increase in life expectancy is increasing the risk of age-related chronic diseases such as cardiovascular disease (CVD), diabetes, arthritis, and among others. This, in turn, increases the burden on healthcare systems, driving up demand for per diem nurse staffing.
Data Bridge Market Research analyses that the global per diem nurse staffing market which was USD 2.34 billion in 2023, would rocket up to 3.63 billion by 2031, and is expected to undergo a CAGR of 6.10% during the forecast period. “Hospitals" dominates the end users segment of the per diem nurse staffing due to increasing awareness for proper treatment. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Per Diem Nurse Staffing Market Scope and Segmentation
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Report Metric |
Details |
|
Forecast Period |
2024 to 2031 |
|
Base Year |
2023 |
|
Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Service (Emergency Department and Home Care Services), End Users (Hospitals, Clinics, Nursing Homes, Others) |
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Countries Covered |
U.S., Canada, Mexico in North America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of the Middle East and Africa |
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Market Players Covered |
Adecco Group (Switzerland), AMN Healthcare (U.S.), CHG Management, Inc. (U.S.), Cross Country Healthcare Inc. (U.S.), Syneos Health (U.S.), Maxim Healthcare Services (U.S.), TeamHealth (U.S.), Jackson Healthcare (U.S.), Aureus Medical Group (U.S.), Aya Healthcare (U.S.), InGenesis, Inc. (U.S.), CIVCO Medical Solutions (U.S.), Envision Physician Services (U.S.), MedPro Healthcare Staffing (U.S.) The Protocall Group (U.S.) |
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Market Opportunities |
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Market Definition
Per diem nurse staffing is a temporary professional nurse staffing solution in which skilled nurses are hired daily. This is done to address the shortage of working staff. In other words, per diem nurse staffing involves hiring nurses to meet last-minute demands from end users. Furthermore, nurses are well compensated for their efforts. Because hospital staff is such an important asset to any healthcare facility, the recruitment process must include a thorough examination of skilled and trained medical professionals.
Global Per Diem Nurse Staffing Market Dynamics
Drivers
- Growing demand for nurses
Approximately 194,500 registered nurses and tens of thousands of nurse practitioners are required annually during the next 10 years, according to figures published by Norwich University in 2021. The industry is anticipated to increase due to the growing demand for nurses. Per diem nursing also enables nurses to familiarize themselves with various locations before deciding on a full-time position if they are new to the area and unsure of which hospital to work at. Per diem nursing can also assist someone who faces scheduling difficulties due to problems with family, school, or other factors. Thus, during the forecast period, market growth is anticipated to be driven by the rising popularity of per diem nursing.
- Rising spread of infectious diseases
According to the CDC, an estimated 959,000 people were hospitalized in the U.S. during the 2017-2018 influenza season. Similarly, the 2018-2019 flu season resulted in 69,000-84,000 hospitalizations in the U.S. The spread of infectious diseases, particularly during flu season, is a significant factor in the sudden increase in the number of hospital admissions, necessitating the hiring of additional nursing staff.
Opportunity
- Rising per diem nurses staff
According to the American Hospital Association's Annual Hospital Survey, nearly 65% of nurses already work 12 or 13-hour shifts. Work schedule flexibility is an important consideration when choosing a profession. Per diem nurses have the freedom to work whenever they want. This provides them with location and shift flexibility, as well as work-life balance. They can choose to work on holidays and thus earn more money. Furthermore, they gain a lot of experience by working in different healthcare facilities in different wards and with different equipment. As a result of these factors, many nurses are willing to work under the per diem nursing system, fueling market growth.
Restraint/Challenge
- Higher costs for remuneration of these nurses
A lack of research and development capabilities to improve healthcare facilities hamper the market growth. The market will face additional challenges due to a lack of medical experts and professionals, particularly in developing and underdeveloped economies. Higher costs for remuneration of these nurses and the availability of alternative staffing methods also slow market growth.
Recent Developments
- In 2022, Cross Country Healthcare Inc established the Cross Country Healthcare Nursing Scholarship Fund in collaboration with the National Black Nurses Association (NBNA)
- In 2022, Cross Country Healthcare announced the launch of a study on the use and benefits of Vendor Management Systems to streamline contingent and permanent staff hiring
Global Per Diem Nurse Staffing Market Scope
The global per diem nurse staffing market is segmented on the basis of service and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service
- Emergency Department
- Home Care Services
End Users
- Hospitals
- Clinics
- Nursing Homes
- Others
Global Per Diem Nurse Staffing Market Regional Analysis/Insights
The global per diem nurse staffing market is analyzed and market size insights and trends are provided by country, service and end users as referenced above.
The countries covered in the global per diem nurse staffing market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina, and Rest of South America as part of South America.
North America dominates the global per diem nurse staffing market because of the presence of several healthcare recruitment agencies.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2024 to 2031 owing to the growing public and private investment in the healthcare sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The global per diem nurse staffing market also provides you with detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the global per diem nurse staffing market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the global per diem nurse staffing market. Global per diem nurse staffing market data is available for historic period 2016-2021.
Competitive Landscape and Global Per Diem Nurse Staffing Market Share Analysis
The global per diem nurse staffing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global per diem nurse staffing market.
Some of the major players operating in the global per diem nurse staffing market are:
- Adecco Group (Switzerland)
- AMN Healthcare (U.S.)
- CHG Management, Inc. (U.S.)
- Cross Country Healthcare Inc. (U.S.)
- Syneos Health (U.S.)
- Maxim Healthcare Services (U.S.)
- TeamHealth (U.S.)
- Jackson Healthcare (U.S.)
- Aureus Medical Group (U.S.)
- Aya Healthcare (U.S.)
- InGenesis, Inc. (U.S.)
- CIVCO Medical Solutions (U.S.)
- Envision Physician Services (U.S.)
- MedPro Healthcare Staffing (U.S.)
- The Protocall Group (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
