Thursday, November 19th, 2020 - The Insight Partners

According to The Insight Partners market research study titled 'Medical Recruitment Market to 2027 – Global Analysis and Forecasts by Candidature, Service and Geography. The global medical recruitment market is expected to reach US$ 11,435.1 Mn in 2027 from US$ 8,684.50 Mn in 2018. The market is estimated to grow with a CAGR of 3.2% from 2019-2027. The report highlights the trends prevalent in the global medical recruitment market and the factors driving the market along with those that act as challenges to its growth.

Global medical recruitment market was segmented by candidature and service. On the basis of the candidature the market is segmented as health professional, health information technicians, biological & medical scientists, medical social workers, medical representatives and others. Based on the service the market is segmented into managed services, recruitment services, specialist care services, homecare services and others.

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The major players operating in the medical recruitment market include, Impellam Group, Everyday Health Group, CCM Recruitment International, TFS Healthcare, IMS Recruitment, CPL Healthcare, MASC Medical, Proclinical (ICS), Euromotion and EGV among the others. The market has carried out various organic growth strategies in the market which has assisted in strengthening their service offering in the healthcare industry.

In US, the American Hospital Association (AHA) is the national organization which represents and serves different types of hospitals, healthcare networks, communities and their patients. Under this organization approximately 5,000 hospitals, healthcare systems, networks and other healthcare providers are included as members. Other than theses approximately 43,000 individual members forms the AHA.

According to the data shared by AHA in the 2018 edition states that, in the year 2016 there were approximately 5,534 hospitals registered in the US. Among the 5,534 hospitals 88% was held by the community hospitals (non-federal acute care), 4% was contributed by the federal government hospitals, 7% by non-federal psychiatric and 1% by the non-federal long term care hospitals. In US, approximately 62% of all community hospitals are in the urban regions. Therefore, it is expected that the significantly rising numbers of healthcare centers are estimated to boost demand for the healthcare professionals during the forecast period.

Asia Pacific accounted as the fastest growing region in the global medical recruitment market and was projected to grow at a faster pace over the forecast period. The medical recruitment market in the Asia Pacific region is estimated to be fastest growing among all the regions. The growth of the medical recruitment market is expected due to the rising numbers of the medical and other healthcare professional in the countries across the region. The market growth is also expected to grow due to the rising initiatives by the governments for the growth of medical professionals in the countries. Also, the development in the healthcare systems is also responsible for the growth of the market during the forecast period.

The report segments the global medical recruitment market as follows:

Global Medical Recruitment Market – By Candidature

Health Professionals

Physicians

Health Information Technicians

Biological & Medical Scientists

Medical Social Workers

Medical Representatives

Other Candidatures

Global Medical Recruitment Market – By Service

Managed Services

Consulting Services

Vendor Management

Recruitment Processes Outsourcing (RPO)

Recruitment Services

Permanent Position

Temporary Position

Specialist Care Services

Homecare Services

Other Services

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.


Sameer Joshi
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Keywords

Medical recruitment market accounted to US$ 8,684.50Mn in 2018 and is expected to grow at a CAGR of 3.2% during the forecast period 2019 – 2027, to account to US$ 11,435.1 Mn by 2027

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