Healthcare Staffing Market Will Cross $43.6 Billion By 2025: Grand View Research, Inc.
The global healthcare staffing market is expected to reach USD 43.6 billion by 2025, according to a new report by Grand View Research, Inc. Rising geriatric population has increased the demand for healthcare services around the globe. However, there is a shortage of efficient nurses and other healthcare professionals. Shortage of physicians in the coming years is likely to boost the demand for healthcare staffing market in developed regions over the forecast period. For instance, Association of American Medical Colleges had predicted in 2010 that the U.S. is anticipated to face a shortage of 150,000 doctors over the next 10 to 15 years. Furthermore, availability of skilled professionals at lower costs as and when required is anticipated to propel the market growth in the coming years. Furthermore, in response to the pressure of costs, hospitals are forced to reduce their staff and have implemented policies to ensure that nurses would be available for work whe...