Industry Analysis & Industry Trends
The Healthcare Staff Recruitment Agencies industry has experienced solid growth over the past five years as a result of recovery from the recession. Hospitals and other healthcare settings have increasingly shifted toward hiring temporary workers, such as temp nurses and locum tenens physicians, boosting demand for this industry's services. In addition, the aging of the Baby Boomer population has incentivized hospitals to enlarge their staff through the hiring of long-term and temporary workers.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Healthcare Staff Recruitment Agencies industry is in the mature phase of the industry life cycle. In the 10 years to 2019, IBISWorld estimates that the industry's contribution to the overall economy, as measured by industry valued added (IVA), will increase at an average rate of 4.1% per year. By comparison, GDP is expected to expand by an annualized 2.7% during the same period. A higher IVA rate is indicative of an industry in its growth phase.
However, this industry has wholehearted market acceptance. According to a survey conducted by Staff Care, a division of AMN Healthcare, up to 85.0% of healthcare facilities used a locum tenens physician (temporary physicians hired when a regular doctor is unavailable) in a given year... purchase to read more