Per Diem Nurse Staffing Market Size, Share, Industry Trends and Forecast to 2030

Per Diem Nurse Staffing Market Size & CAGR in 2021:

The Per Diem Nurse Staffing market had a global market size of USD 4.5 billion in 2021 with a compounded annual growth rate (CAGR) of 5.2% from 2021 to 2026. The market is expected to reach USD 6.8 billion by the end of 2026. The increasing demand for healthcare services, the rise in the aging population, and the need for flexible nursing staff have been the key drivers for the growth of the Per Diem Nurse Staffing market.

COVID-19 Impact on the Per Diem Nurse Staffing Market:

The COVID-19 pandemic had a significant impact on the Per Diem Nurse Staffing market. With the surge in COVID-19 cases, healthcare facilities faced a shortage of nursing staff, leading to an increased demand for per diem nurses. Hospitals and clinics had to quickly adapt to the changing healthcare landscape brought on by the pandemic, resulting in a higher need for flexible staffing solutions. Per Diem Nurse Staffing agencies played a crucial role in meeting the staffing demands during these challenging times.

Per Diem Nurse Staffing Dynamics:

The Per Diem Nurse Staffing market is characterized by the growing need for temporary nursing staff to fill in gaps in healthcare facilities. Per diem nurses provide flexibility to hospitals and clinics by offering their services on a short-term basis. This flexibility allows healthcare facilities to maintain adequate staffing levels during peak times or in case of unexpected shortages. The increasing demand for per diem nurses is driven by factors such as seasonal fluctuations, staff absences, and special projects.

Per Diem Nurse Staffing agencies play a key role in connecting healthcare facilities with qualified nursing professionals. These agencies function as intermediaries, matching the staffing needs of healthcare facilities with the availability of per diem nurses. They provide a wide range of nursing specialties, including critical care, medical-surgical, labor and delivery, and more. Per Diem Nurse Staffing agencies also handle the administrative tasks associated with hiring temporary nursing staff, such as credentialing, scheduling, and payroll.

Segments and Related Analysis:

The Per Diem Nurse Staffing market can be segmented based on the type of healthcare facility, specialty, and region. In terms of healthcare facilities, the market includes hospitals, clinics, nursing homes, and other healthcare settings. Specialties in which per diem nurses are in demand include critical care, pediatrics, oncology, and more. Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

The demand for per diem nurses varies across different healthcare settings. Hospitals and clinics often require per diem nurses to cover shifts during weekends, holidays, and peak periods. Nursing homes may need per diem nurses to provide additional support to their resident population. Specialized healthcare facilities, such as oncology centers and rehabilitation clinics, may require per diem nurses with specific expertise in their respective fields.

By Region Analysis:

North America dominates the Per Diem Nurse Staffing market, accounting for the largest share in terms of revenue. The region's well-established healthcare infrastructure, high demand for nursing staff, and stringent regulations governing healthcare staffing contribute to the market's growth. Europe and Asia-Pacific follow closely behind, with increasing adoption of per diem nursing services in these regions. Latin America and Middle East & Africa are also witnessing growth in the Per Diem Nurse Staffing market, driven by rising healthcare investments and a growing emphasis on quality patient care.

Key Market Players and Competitive Landscape:

The Per Diem Nurse Staffing market is highly fragmented, with several key players competing for market share. Some of the prominent companies in the market include AMN Healthcare, Cross Country Healthcare, CHG Healthcare, Maxim Healthcare Services, Favorite Healthcare Staffing, and more. These companies offer a wide range of per diem nursing services, catering to the diverse needs of healthcare facilities.

Key market players differentiate themselves by providing specialized nursing services, maintaining a strong network of nursing professionals, and offering innovative staffing solutions. They focus on building long-term partnerships with healthcare facilities and investing in technology to streamline the staffing process. The competitive landscape of the Per Diem Nurse Staffing market is characterized by strategic collaborations, acquisitions, and mergers aimed at expanding market presence and enhancing service offerings.

Recent Happenings in the Per Diem Nurse Staffing Market:

In recent years, the Per Diem Nurse Staffing market has witnessed several developments aimed at enhancing service quality and expanding market reach. Key market players have launched new programs, partnerships, and initiatives to address the evolving needs of healthcare facilities. For example, AMN Healthcare introduced a mobile app for per diem nurses to easily access job opportunities and manage their schedules. Cross Country Healthcare expanded its network of nursing professionals to provide more specialized staffing solutions to healthcare facilities.

The Per Diem Nurse Staffing market is poised for continued growth as healthcare facilities increasingly rely on temporary nursing staff to meet their staffing needs. The market dynamics are driven by factors such as the aging population, increasing demand for healthcare services, and the need for flexible staffing solutions. Key market players continue to innovate and collaborate to deliver high-quality nursing services and maintain a competitive edge in the market.