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.
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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
Grand View Research has segmented the locum tenens staffing market report based on type, end-use, and region:
Locum Tenens Staffing Type Outlook (Revenue, USD Million, 2018 - 2030)
Physicians
Surgeons
Nurses
Anesthesiologist
Radiologist
Locum Tenens Staffing End-use Outlook (Revenue, USD Million, 2018 - 2030)
Hospitals
Ambulatory Facilities
Other End-use
Locum Tenens Staffing Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
China
Japan
India
South Korea
Australia
Thailand
Latin America
Brazil
Mexico
Argentina
Middle East and Africa (MEA)
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in the Locum Tenens Staffing Market
CHG Management, Inc.
AMN Healthcare
ViSTA Staffing Solutions
LocumTenens.com
Aya Healthcare, Inc.
Weatherby Healthcare. A CHG Company.
The Delta Companies
Medicus Healthcare Solutions, LLC
Locumpedia
Maxim Staffing
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