Canada Healthcare Staffing Market Insights Forecasts to 2033

• The Market Size is Growing at 6.93% CAGR from 2023 to 2033.
• The Canada Healthcare Staffing Market Size is Expected to Reach a Significant Share by 2033

The Canada Healthcare Staffing Market Size is Expected to Reach a Significant Share by 2033, Growing at a 6.93% CAGR from 2023 to 2033.     

Market Overview

The Canada healthcare staffing industry describes the business concerned with the placement, recruitment, and management of medical professionals within hospitals, clinics, long-term care facilities, and other healthcare institutions in Canada. The market consists of temporary, permanent, and travel staffing arrangements for diverse healthcare positions, including nurses, physicians, allied health professionals, and administrative professionals. The Canada healthcare staffing market holds great opportunities through growing demand for healthcare professionals, the growth in the aging population, and efforts by governments to fill manpower shortages. Telemedicine, travel nursing, and short-term staffing options further broaden the market scope. Developments in AI-powered recruitment platforms and overseas hiring schemes further open doors for effective staffing to provide enhanced accessibility and quality in healthcare in Canada. In July 2024, the government of Canada released more than $47 million in federal funding to help the health workforce. This involves over $330,000 to the Federation of Medical Regulatory Authorities of Canada to enhance physician licensing standards and processes, and $11.6 million from the Canadian Institutes of Health Research and collaborators to research teams looking at how to build and sustain Canada's health workforce. In addition, the Canadian Union of Public Employees has demanded a prohibition on healthcare staffing agencies, citing that the legislation is not effective in addressing the crisis of staffing.

Report Coverage

This research report categorizes the market for the Canada healthcare staffing market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada healthcare staffing market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada healthcare staffing market.

Driving Factors

The Canada healthcare staffing industry is influenced by several driving factors, such as the increasing need for healthcare professionals, an aging population, and the growing incidence of chronic diseases. With Canada experiencing a shortage of physicians, nurses, and allied healthcare professionals, the demand for temporary, contract, and permanent staffing arrangements is on the rise. Government efforts to increase healthcare accessibility, enhance patient care, and invest in healthcare infrastructure are also driving market expansion. Moreover, the growth of telemedicine and digital staffing websites has improved the efficiency of recruitment, allowing healthcare centers to hire skilled professionals with greater ease. In addition, rising healthcare expenditures, a boom in travel nursing jobs, and demand for specialized practitioners in critical care, geriatrics, and home healthcare drive the robust growth of the Canadian healthcare staffing market.

Restraining Factors

The Canada healthcare staffing industry is confronted with restraints including recruitment costliness, staff shortages, and complexities in licensing foreign-trained professionals. Burnout of healthcare professionals, variable demand for agency staff, and difficulty in accessing rural healthcare further confines market expansion. Moreover, public healthcare budget constraints, wage inequalities, and international recruitment reliance are powerful issues confronting the growth of the healthcare staffing sector in Canada.

Market Segment

• The travel nurse staffing segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the service type, the Canada healthcare staffing market is divided into travel nurse staffing, per diem nurse staffing, locum tenens staffing, and allied healthcare staffing. Among these, the travel nurse staffing segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to rising nursing shortages, increasing demand for flexible staffing solutions, and the need for specialized care in underserved areas. Additionally, competitive salaries, government initiatives to address workforce gaps, and growing reliance on temporary healthcare professionals are expected to drive significant segmental growth during the forecast period.

• The hospitals segment accounted for the majority of the share in 2023 and is estimated to grow at a significant CAGR during the projected timeframe.

Based on the end-user, the Canada healthcare staffing market is divided into hospitals, clinics, ambulatory facilities, and others. Among these, the hospitals segment accounted for the majority of the share in 2023 and is estimated to grow at a significant CAGR during the projected timeframe. This is due to high patient admissions, increasing demand for specialized healthcare professionals, and the need for continuous staffing in critical care units. Additionally, the rising healthcare expenditures, advancements in medical technology, and growing reliance on temporary and contract-based staffing solutions are expected to drive significant CAGR growth during the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Canada healthcare staffing market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Adecco Canada
• Greenstaff Medical Canada
• Revolve Staffing
• MedPro Healthcare Staffing
• Agile Healthcare Solutions (AHS)
• Priority Healthcare
• MNM Medical Recruiters Canada

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Canada healthcare staffing market based on the below-mentioned segments:

Canada Healthcare Staffing Market, By Service Type

• Travel Nurse Staffing
• Per Diem Nurse Staffing
• Locum Tenens Staffing
• Allied Healthcare Staffing

Canada Healthcare Staffing Market By End-User

• Hospitals
• Clinics
• Ambulatory Facilities
• Others