India Healthcare Staffing Market Size & Outlook, 2023-2030
India healthcare staffing market, 2018-2030 (US$M)
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India healthcare staffing market highlights
- The India healthcare staffing market generated a revenue of USD 1,053.4 million in 2023 and is expected to reach USD 1,818.7 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, allied healthcare staffing was the largest revenue generating type in 2023.
- Locum Tenens Staffing is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare staffing market data book summary
| Market revenue in 2023 | USD 1,053.4 million |
| Market revenue in 2030 | USD 1,818.7 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Allied healthcare staffing |
| Fastest growing segment | Locum Tenens Staffing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Travel Nurse Staffing, Per Diem Nurse Staffing, Locum Tenens Staffing, Allied Healthcare Staffing |
| Key market players worldwide | AMN Healthcare Services Inc, CHG Healthcare, Maxim Healthcare Staffing, Cross Country Healthcare Inc, Aya Healthcare, Adecco Group AG, Locum Tenens USA |
Other key industry trends
- In terms of revenue, India accounted for 2.7% of the global healthcare staffing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan healthcare staffing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,818.7 million by 2030.
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Healthcare Staffing Market Scope
Healthcare Staffing Market Companies
| Name | Profile | # Employees | HQ | Website |
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India healthcare staffing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare staffing market will help companies and investors design strategic landscapes.
Allied healthcare staffing was the largest segment with a revenue share of 29.84% in 2023. Horizon Databook has segmented the India healthcare staffing market based on travel nurse staffing, per diem nurse staffing, locum tenens staffing, allied healthcare staffing covering the revenue growth of each sub-segment from 2018 to 2030.
India is witnessing a grave shortage of healthcare professionals. India has just over one-fourth of WHO recommended 44.5 skilled health workers per 10,000 patients as per the Indian Institute of Public Health, Delhi. The severe shortage can be attributed to the fact that India has just 13 new medical graduates (doctors and nurses) annually per 100,000 people every year.
Higher no of medical graduates are produced in less developed countries such as Thailand, and Sri Lanka, compared to India. Secondly, a high percentage of qualified health professionals are not currently employed in the health care system. Currently, 30% of doctors & 50% of nurses with appropriate qualifications are not part of the existing health workforce, either because they are unemployed or do not want to join the labor sector.
Increased adoption of contract staffing in India since past few years can be attributed to no associated liabilities with contracted staff as compared to permanent employees and increased access to a wide talent pool. Furthermore, favorable government initiatives, including the linearization of some of the archaic labor laws, are anticipated to drive the market in the coming years.
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Our clientele includes a mix of healthcare staffing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India healthcare staffing market , including forecasts for subscribers. This country databook contains high-level insights into India healthcare staffing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India healthcare staffing market size, by type, 2018-2030 (US$M)
India Healthcare Staffing Market Outlook Share, 2023 & 2030 (US$M)
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