The global locum tenens staffing market accounted for USD 13.64 billion in 2023 and is expected to reach USD 38.99 billion by 2034 with a CAGR of 10.02% during the forecast period 2024-2034. The market will grow as a result of factors such as the rising demand for flexible staffing solutions, the expansion of healthcare facilities and services, the shift to population health management and value-based care, technological advancements in telemedicine, and strategic alliances and partnerships.
Healthcare establishments are progressively looking for adaptable staffing options to handle variations in patient volume, seasonal shifts, and unplanned absences from regular employees. Healthcare institutions can maintain ideal staffing levels without overworking their permanent workers thanks to locum tenens providers' on-demand availability. For instance, in November 2023, AMN Healthcare announced that it would acquire MSDR, which consists of two healthcare staffing companies, Medical Search International and DRW Healthcare Staffing, which are experts in advanced practices and locum tenens.
By type, the nurses segment accounted for the highest revenue-grossing segment in the global locum tenens staffing market in 2023 owing to the growing demand for nursing professionals, exacerbated by ongoing workforce shortages and increased healthcare service needs worldwide. For example, Caliber Healthcare Solutions debuted a new brand in August 2023 to better reflect its position as the industry's top provider-focused locum tenens staffing option. Previously known as Health Carousel Locum Tenens, Caliber is a cutting-edge strategy for attracting elite doctors and advanced practice providers committed to improving patient outcomes. Additionally, the physician’s segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for specialized medical expertise, expansion of healthcare infrastructure, and rising patient volumes, particularly in emerging markets.
By end-user, the hospital's segment accounted for the highest revenue-grossing segment in the global locum tenens staffing market in 2023 owing to the escalating need for temporary healthcare staff to manage patient surges, address staffing shortages, and maintain continuity of care in hospital settings globally. For instance, in August 2023, LocumTenens.com successfully acquired Enlightened, a technology-enabled platform that connects progressive client companies with a network of meticulously vetted healthcare professionals (HCPs) providing on-demand advice and knowledge. Additionally, the ambulatory facilities segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for outpatient services, expansion of ambulatory care centers, and the shift towards value-based care models emphasizing preventive and community-based healthcare delivery.
North American region is anticipated to have the highest revenue share during the forecast period owing to the high healthcare expenditures, robust healthcare infrastructure, and increasing adoption of locum tenens staffing solutions to address workforce shortages and optimize resource utilization. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the expanding healthcare infrastructure, rising demand for healthcare services, and increasing investments in healthcare technology and workforce development across emerging economies in the region. For instance, Barton Associates unveiled a new locum tenens provider web platform in October 2023 that offers expedited scheduling, credentialing, and payment procedures.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Healthcare establishments are progressively looking for adaptable staffing options to handle variations in patient volume, seasonal shifts, and unplanned absences from regular employees. Healthcare institutions can maintain ideal staffing levels without overworking their permanent workers thanks to locum tenens providers' on-demand availability. For instance, in November 2023, AMN Healthcare announced that it would acquire MSDR, which consists of two healthcare staffing companies, Medical Search International and DRW Healthcare Staffing, which are experts in advanced practices and locum tenens.
By type, the nurses segment accounted for the highest revenue-grossing segment in the global locum tenens staffing market in 2023 owing to the growing demand for nursing professionals, exacerbated by ongoing workforce shortages and increased healthcare service needs worldwide. For example, Caliber Healthcare Solutions debuted a new brand in August 2023 to better reflect its position as the industry's top provider-focused locum tenens staffing option. Previously known as Health Carousel Locum Tenens, Caliber is a cutting-edge strategy for attracting elite doctors and advanced practice providers committed to improving patient outcomes. Additionally, the physician’s segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for specialized medical expertise, expansion of healthcare infrastructure, and rising patient volumes, particularly in emerging markets.
By end-user, the hospital's segment accounted for the highest revenue-grossing segment in the global locum tenens staffing market in 2023 owing to the escalating need for temporary healthcare staff to manage patient surges, address staffing shortages, and maintain continuity of care in hospital settings globally. For instance, in August 2023, LocumTenens.com successfully acquired Enlightened, a technology-enabled platform that connects progressive client companies with a network of meticulously vetted healthcare professionals (HCPs) providing on-demand advice and knowledge. Additionally, the ambulatory facilities segment is predicted to grow at the fastest CAGR during the forecast period owing to the rising demand for outpatient services, expansion of ambulatory care centers, and the shift towards value-based care models emphasizing preventive and community-based healthcare delivery.
North American region is anticipated to have the highest revenue share during the forecast period owing to the high healthcare expenditures, robust healthcare infrastructure, and increasing adoption of locum tenens staffing solutions to address workforce shortages and optimize resource utilization. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the expanding healthcare infrastructure, rising demand for healthcare services, and increasing investments in healthcare technology and workforce development across emerging economies in the region. For instance, Barton Associates unveiled a new locum tenens provider web platform in October 2023 that offers expedited scheduling, credentialing, and payment procedures.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Type, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: Locum Tenens Staffing Market Report 2023 - 2034
Locum Tenens Staffing Market Analysis & Forecast by Type 2023 - 2034 (Revenue USD Bn)
- Physicians
- Surgeons
- Nurses
- Anesthesiologist
- Radiologist
Locum Tenens Staffing Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Ambulatory Facilities
- Others
Locum Tenens Staffing Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Locum Tenens Staffing Market: Type Estimates & Trend Analysis
8. Locum Tenens Staffing Market: End-User Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Locum Tenens Staffing Market
11. Europe Global Locum Tenens Staffing Market
12. Asia Pacific Global Locum Tenens Staffing Market
13. Latin America Global Locum Tenens Staffing Market
14. MEA Global Locum Tenens Staffing Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- CompHealth
- Weatherby Healthcare
- Barton Associates
- LocumTenens.com
- Interim Physicians
- Global Medical Staffing
- VISTA Staffing Solutions
- CHG Healthcare
- Alliance Recruiting Resources
- Integrity Locums
- Delta Locum Tenens
- Fusion Healthcare Staffing
- MPLT Healthcare
- Hayes Locums
- Medical Doctor Associates (MDA).
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | October 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 13.64 Billion |
| Forecasted Market Value ( USD | $ 38.99 Billion |
| Compound Annual Growth Rate | 10.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
