DUBLIN, September 23, 2021--(BUSINESS WIRE)--The "Per Diem Nurse Staffing Market Size, Share & Trends Analysis Report By Region (Asia Pacific, North America, Latin America, Middle East & Africa), And Segment Forecasts, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
The global per diem nurse staffing market size is expected to reach USD 11.1 billion by 2028, registering a CAGR of 4.9% over the forecast period, according to a new report by the publisher. Higher demand for medical-surgical nurses & increased utilization of staffing agencies, and the rising demand for family nurse practitioners are driving the market. The rising geriatric population leads to an increase in the number of hospital admissions, which is another key factor boosting the market growth.
Moreover, the spread of infectious diseases, especially during flu season, is an important factor resulting in a sudden increase in the number of hospital admissions, thereby creating the need for additional nursing staff. For example, according to the Centers for Disease Control and Prevention (CDC), an estimated 959,000 people were hospitalized because of the 2017-2018 influenza season in the U.S. Similarly, the 2018-2019 flu season accounted for 69,000-84,000 hospital admissions in the U.S.
Such temporary need for an additional nurse workforce can be easily fulfilled by per diem nurses, thereby augmenting the market growth. The COVID-19 pandemic has increased the pressure on the medical workforce. With hospitals being overburdened with COVID-19 patients, the demand for per diem nurse staffing is increasing exponentially. At this point, the main aim of healthcare facilities is to deploy the maximum number of medical staff for the management of COVID-19 patients.
Thus, the pandemic is driving market growth. With more patients being hospitalized, more nurses are required for the care, which is impelling the need for temporary nurses. According to June Pulse Survey by Staffing Industry Analysts (SIA), the demand for per diem staffing increased by 6% during the COVID-19 pandemic. However, lower job security and stringent regulations are creating negativity in nurses to work as per diem nurses, which is a big challenge to the market.
Cross Country Healthcare, Inc.
HealthTrust Workforce Solutions
Maxim Healthcare Group
Supplemental Health Care
Accountable Healthcare Staffing
Nurse Staffing LLC
Interim HealthCare Inc.
Per Diem Nurse Staffing Market Report Highlights
A significant rise in the number of government & nongovernment hospitals, acute care centers, long-term care centers, and other types of healthcare facilities is anticipated to fuel the market growth
North America dominated the global market in 2020 due to the presence of the target population and high demand for nurses
Countries like the U.S. have good insurance coverages that make home nurse service, which is usually of per diem type, affordable
Asia Pacific is expected to witness the fastest CAGR during the forecast period on account of rising investments by major players due to the growing popularity of per diem services
Partnerships and M&As have been the most used strategies in this highly competitive market. For instance, AMN healthcare in 2018 acquired Leader for Today and Philips DiPisa to use their placement expertly
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market driver analysis
3.1.1 Shortage of skilled nurses
3.1.2 Increasing number of hospital admissions
3.1.3 Attractive compensation and benefits provided to per diem nurses
3.1.4 Increasing number of healthcare facilities
3.2 Market restraint analysis
3.2.1 Low job security making nurses hesitant to join as per diem nurses
3.2.2 Stringent regulations and compliances set by authorities for medical staffing
3.3 Per Diem Nurse Staffing Market: Recent Trends and Advancements
3.3.1 Recent Trends
22.214.171.124 COVID-19 pandemic surging the demand for per diem nurses
126.96.36.199 Retiring nurses opting for per diem nurse staffing
188.8.131.52 Higher utilization of staffing agencies by hospitals
3.3.2 New Advancements
184.108.40.206 Increasing usage of online training programs
3.4 Penetration & Growth Prospect Mapping
3.4.1 Penetration Analysis
3.5 Per Diem Nurse Staffing Market: Business Environment Analysis Tools
3.6 List of Per Diem Nurse Staffing Providers
Chapter 4 Per Diem Nurse Staffing Market: Regional Analysis
Chapter 5 Competitive Analysis
5.1 Recent Developments & Impact Analysis, By Key Market Participants
5.2 Competition Categorization
5.3 Company Market Position Analysis
5.4 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/r3u9jp
View source version on businesswire.com: https://www.businesswire.com/news/home/20210923005662/en/
Laura Wood, Senior Press Manager
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