Per Diem Nurse Staffing Market Size

Market Outlook:

Per Diem Nurse Staffing Market size was over USD 9.58 Billion in 2023 and is predicted to surpass USD 15.86 Billion by 2032, growing at over 5.4% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 9.58 Billion
• CAGR (2024-2032): 5.4%
• Forecast Year Value (2032): USD 15.86 Billion
• Historical Data Period: 2019-2023
• Largest Region: Asia Pacific
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

1. Increasing Demand for Healthcare Services: The growing aging population and increasing prevalence of chronic diseases are driving the demand for healthcare services, leading to a higher need for per diem nurse staffing. As healthcare facilities strive to meet the rising patient load, they often rely on per diem nurses to supplement their staffing needs.

2. Shortage of Full-time Nurses: The shortage of full-time nursing staff in many healthcare facilities is a major growth driver for the per diem nurse staffing market. Hospitals and other healthcare organizations often face challenges in finding and retaining permanent nursing staff, which creates opportunities for per diem nurses to fill in the gaps.

3. Flexibility and Work-Life Balance for Nurses: Per diem nursing offers flexibility and the opportunity for a better work-life balance, which attracts many nurses to this type of work. Nurses often choose per diem work to have more control over their schedules and work in different clinical settings, contributing to the growth of the per diem nurse staffing market.

4. Cost-Effective Staffing Solution: Per diem nurse staffing provides a cost-effective solution for healthcare facilities, as they can adjust their staffing levels based on patient demand without the long-term financial commitment of hiring full-time staff. This cost-efficient model is likely to drive the growth of the per diem nurse staffing market.

Industry

Report Scope

Report Coverage	Details
Segments Covered	End-Use
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Accountable Healthcare Staffing, AMN Healthcare, ATC Healthcare, Cross Country Healthcare, Dedicated Nursing Associates, Favorite Healthcare Staffing, HealthTrust Workforce Solutions, Interim HealthCare, Maxim Healthcare Services, Supplemental Health Care

1. Lack of Benefits and Job Security: One of the major restraints for the per diem nurse staffing market is the lack of benefits and job security for per diem nurses. Unlike full-time employees, per diem nurses often do not receive benefits such as health insurance, retirement plans, or paid time off, which may deter some nurses from pursuing per diem work.

2. Staffing Challenges and Nurse Burnout: Healthcare facilities may face challenges in managing per diem nurse staffing, leading to potential nurse burnout and dissatisfaction. Without a consistent team, per diem nurses may feel isolated or overworked, impacting the quality of patient care and creating an obstacle for the growth of the market.

3. Regulatory Compliance and Credentialing: Healthcare organizations must adhere to strict regulatory requirements and credentialing processes when hiring per diem nurses. The complex regulatory environment and credentialing standards can pose challenges for healthcare facilities seeking to expand their per diem nurse staffing, potentially restraining the market's growth.

Overall, while the per diem nurse staffing market is driven by factors such as growing healthcare demand, nurse shortages, and cost-effective staffing solutions, it also faces restraints related to benefits, nurse burnout, and regulatory compliance. Understanding and addressing these growth drivers and restraints are crucial for the continued development of the per diem nurse staffing market.