What Has Been The Evolution of the Per Diem Nurse Staffing Market in Recent Years?
The per diem nurse staffing market has seen considerable growth due to a variety of factors.
• In recent times, the market size for per diem nurse staffing has seen robust growth. The market is projected to expand from $8.92 billion in 2024 to $9.42 billion in 2025, with a compound annual growth rate (CAGR) of 5.7%.
Factors such as varying patient numbers, seasonal shifts in demand, the need for specialized skills, gaps and shortages in staffing, and temporary patient care needs have driven the growth in the historical period.
What Are the Future Growth Projections for the Per Diem Nurse Staffing Market?
The per diem nurse staffing market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of the per diem nurse staffing industry is forecasted to experience significant expansion in the forthcoming years. Its growth is projected to reach $11.82 billion by 2029 with a compound annual growth rate (CAGR) of 5.8%.
The surge predicted during this time frame is due to a focus on building resilience in healthcare, readiness for potential pandemics, growth in telehealth, a transition to home-based treatments, and managing population health. Key trends observed for the forecast period encompass the adaptation of staffing models, incorporation of technology in staffing platforms, growth in specialized per diem nursing, and strategic workforce preparation.
What Are The Core Factors Supporting Growth In The Per Diem Nurse Staffing Market?
The rising need for healthcare facilities is predicted to fuel the expansion of the per diem nurse staffing sector. Healthcare facilities, which consist of hospitals, clinics, and outpatient care centres, serve a wider community, extending care services to individuals and families. There is an ongoing demand for healthcare workers, including nurses, due to the surge in demand for healthcare facilities. Per diem nurse staffing offers flexible alternatives that enable these facilities to fulfil this need, maintain cost-effectiveness, and ensure superior patient care. For example, a report by the American Hospital Association (AHA) in May 2023 indicated a rise in the total number of hospitals, with 6,129 coming up from 6,093 in 2022. Additionally, the total admissions in all U.S. hospitals saw an uptick, totaling 34,011,386, as opposed to 33,356,853 in 2022. The burgeoning need for healthcare facilities will, therefore, drive the per diem nurse staffing market. On the other hand, the increasing requirement for experienced healthcare personnel is also expected to push forward the expansion of the per-diem nurse staffing sector. These healthcare professionals are those that have undergone specific training and education in providing healthcare services. Having skilled healthcare personnel in the per diem nurse staffing sector ensures not only the delivery of superior care but also the agility to tackle the problems raised by the changing staffing requirements in the healthcare industry. As per a report by the UK's Department of Health and Social Care in May 2023, there were over 1.2 million full-time equivalent staff in NHS Trusts in England that year, showing an increase of 53,600 people or about 4.4% increase from the previous year. Hence, the climbing need for experienced healthcare personnel will certainly drive the per-diem nurse staffing sector.
What Are The Major Segments Within The Global Per Diem Nurse Staffing Market?
The per diem nurse staffing market covered in this report is segmented –
1) By Product Type: Permanent, Contract Basis
2) By Service: Emergency Department, Home Care Services
3) By End User: Hospitals, Clinics, Nursing Homes, Other End Users
Subsegments:
1) By Permanent: Direct Hire Staffing, Full-Time Employment
2) By Contract Basis: Temporary Staffing, Travel Nurse Staffing
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How Are New Trends Impacting The Size Of The Per Diem Nurse Staffing Market?
Key players in the per diem nurse staffing market, such as StaffHealth, are directing their efforts towards advancing technology like the NurseShifts mobile app, to increase market revenue. NurseShifts, a platform run via an app, was developed with the goal of expediting the nurse staffing process. StaffHealth, a healthcare staffing firm based in the U.S., unveiled this new mobile tech marketplace and app in May 2022 to facilitate on-demand staffing solutions. The app enables nurses to more efficiently search for job opportunities and manage their work schedules. Compatible with both iOS and Android devices, NurseShifts provides a rapid means for nurses to link up and engage with headhunters and healthcare facilities. In addition, it helps nurses find opportunities tailored to per-diem, short-term, long-term, temp-to-perm, block booking, direct hire, or local contract roles at a faster pace.
Who Are the Key Players In The Per Diem Nurse Staffing Market?
Major companies operating in the per diem nurse staffing market report are:
• The Adecco Group
• TeamHealth
• Syneos Health
• AMN Healthcare Services Inc.
• Cross Country Healthcare Inc.
• Interim HealthCare Inc.
• Dedicated Nursing Associates (DNA) Inc.
• Envision Physician Services
• Aya Healthcare Inc.
• HealthTrust Workforce Solutions LLC
• Maxim Healthcare Group
• Supplemental Healthcare
• Aureus Medical Group
• Favorite Healthcare Staffing Inc.
• MedPro Healthcare Staffing
• ATC Healthcare Services Inc.
• Jackson Healthcare
• InGenesis Inc.
• HenderCare
• Accountable Healthcare Staffing
• CareerStaff Unlimited
• Axis Medical Staffing Inc.
• Gifted Healthcare
• Greenstaff Medical Australia
• GHR Healthcare
• Flexwise Health Inc.
What Is The Most Dominant Region In The Per Diem Nurse Staffing Market?
North America was the per diem nurse staffing largest region in the market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the per diem nurse staffing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
