Per Diem Nurse Staffing Market to Perceive Excellent Growth of USD 12.85 Billion by 2030
Data Bridge Market Research Published Latest Global Per Diem Nurse Staffing Market Study by in-depth analysis about the current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the study considers important factors such as an analysis of the market, a definition of the market, market segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
Data Bridge Market Research analyses that the per diem nurse staffing market which was USD 8.44 billion in 2022, is expected to reach USD 12.85 billion by 2030, at a CAGR of 5.4% during the forecast period 2023 to 2030. 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.
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Per diem nurse staffing is a temporary professional nurse staffing solution in which skilled nurses are hired on a daily basis. 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.
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 familiarise 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 Centers for Disease Control and Prevention (CDC), an estimated 959,000 people were hospitalized in the United States during the 2017-2018 influenza season. Similarly, the 2018-2019 flu season resulted in 69,000-84,000 hospitalizations in the United States. 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.
Opportunities
- 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, fuelling 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.
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Global Per Diem Nurse Staffing Market Scope
The per diem nurse staffing market is segmented on the basis of service and end user. 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
Per Diem Nurse Staffing Market Regional Analysis/Insights
The per diem nurse staffing market is analyzed and market size insights and trends are provided by country, service and end user as referenced above.
The countries covered in the 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, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the 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 2023 to 2030 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.
Investing in this study would grant you access to valuable information, including:
- Regional-level breakdowns of the market, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
- Country-specific market size splits for the most important countries with major market shares.
- Market share and revenue/sales data for the industry’s leading players.
- Analysis of market trends such as emerging technologies, products, and start-ups, as well as PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
- Detailed market size data, including breakdowns by application/industry verticals.
- Projections and forecasts for the market’s future growth and development.
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