Medical Recruitment Market Size & Trends | Industry Report 2027

Medical Recruitment Market to 2027 - Global Analysis and Forecasts by Candidature (Health Professional, Health Information Technicians, Biological & Medical Scientists, Medical Social Workers, Medical Representatives and Others); Services (Managed Services, Recruitment Services, Specialist Care Services, Homecare Services and Others); and Geography

Publication Month : Aug 2019

  • Report Code : TIPRE00002891
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 174
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The Medical Recruitment market was valued at US$ 8,684.50 million in 2018 and it is projected to reach US$ 11,435.1 million by 2027; it is expected to grow at a CAGR of 3.1% from 2019 to 2027.

Medical recruitment is a process of recruiting candidates with high level of professionalism and analytical and innovative approach in medical industry. Which helps both candidate and company in getting the right personal fit for the job. The medical recruitment process also reduces the efforts of companies and candidate to search jobs for their profiles and qualification. The growth of the Medical Recruitment market is attributed to the rising numbers of healthcare centers, rising developments in the healthcare industry, and rapidly growing geriatric population. On the other hand, factor such challenges to place immigrants in countries is the challenging factors for the growth of the market.

The Medical Recruitment market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.

Lucrative Regions for Medical Recruitment market



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Market Insights

Growing Applications of Medical Recruitment in Healthcare to Drive Medical Recruitment market Growth

Health is a significant aspect of quality of life, which directly affects our capacity to enjoy the experience of life and being free from illness or injury, health indirectly affects our capacity to produce and consume other valuable goods and services. The global healthcare sector is growing because as the aging populations, higher prevalence of chronic diseases, exponential advances in innovative, digital technologies these are the factors which continue to increase the health care demand and expenditures.

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 nonfederal long term care hospitals. In US, approximately 62% of all community hospitals are in the urban regions. These hospitals provides services in highly populated areas and these hospitals have nearly 100 to 500 beds. Most of the urban hospitals faces very tough competition with multiple hospitals and medical centers providing services in the same geographic areas. As per the AHA in the year 2016, nearly, 3015 urban hospitals were functioning.

Germany, has approximately 2000 hospitals among which 50% of the hospitals are public among which 30% are university hospitals and the rest 50% of the hospitals are private. The private hospitals in Germany are modernized and provides the high-quality and services. The specialty care are provided by the most of the hospitals and the hospitals may also provide you services out the hospitals. 

German healthcare is considered to the outstanding and several Europeans travel to Germany for their treatments.

Most of the specialty hospitals are located in Berlin and the city that offers several specialty treatments. For instance, Heidelberg University Hospital in Germany is one of the leading medical center across Europe. The hospitals consists of the 43 specialized clinical departments. The hospital have modernized facilities and various patients from Germany and other countries travel to the country to utilize the facilities.

In China, the number of private hospitals have grown rapidly, due to they provide more services in quantity to their growth. In addition, the government is supporting for the healthcare investments and there has been increase in the private investors. Private hospitals are putting their efforts to improve the management process, human resource, medical equipment and service as per the specialty and specific need.

The healthcare industry has been witnessing rapid transformations during the previous years. Various technological advancements have been witnessed in the industry. Countries across the globe have been preferring advanced technologies in healthcare. With a need for better healthcare facilities, Technology-Enabled Care (TEC) solutions are being preferred to in the healthcare systems in the emerging economies. The increase in ageing population, incidences of chronic illnesses and pediatric care are the primary factors driving the growth of healthcare sector.

Many established players in the industry have been investing significant amount of their revenue in research and development activities for the development of better and advanced products and technologies to be used in the healthcare industry. Also, the availability of reimbursement for various medical procedures are expected to fuel the growth of the industry in the coming years. 

With the presence of regulations laid down by the government bodies, it is possible to obtain better and reliable healthcare facilities, ensuring quality care and patient safety, mitigating fraud, and cyber threats.

There has been a significant increase in the healthcare expenditure during the previous years. As per World Bank, Healthcare expenditure accounts for 9.94% of global GDP. In the United States, 17.1% of its GDP is committed to the industry, whereas in Latin America, HC expenditures account for only 7.24%, with Brazil at 8.3%, and Mexico at 6.3%. Whereas the healthcare expenditure per capita was 11.3%, 9.1%, 5.6%, and 4.7% in Germany, UK, China, and India, respectively during the year 2017. The above stated factors are expected to offer broad growth opportunities in the healthcare industry at the global level. The ageing population is defined as group of people aged 65 and over. The growth of the ageing population is poised to become one of the most significant social transformations of the twenty-first century. The number of geriatric population has been rising significantly worldwide. As per the data published by the United Nations, in 2017, there were an estimated 962 million people aged 60 or over in the world, which comprised of 13 per cent of the global population. The geriatric population is estimated to grow at a rate of 3% every year.

At present, Europe and Asia Pacific regions has the highest population aged 60 years and above. The number of ageing population in the world is projected to reach around 1.4 billion in 2030 and it will reach around 2.1 billion in 2050, and is expected to reach up to 3.1 billion in 2100. Ageing has been linked with the various chronic diseases due to problems related to it. Neurological diseases are most commonly observed in older adults, affecting between 5% and 55% of people aged 55 years and above. They are associated with a high risk for adverse health outcomes, such as, mortality, disability, institutionalization and hospitalization. Mental and neurological disorders among older adults account for 6.6% of the total disability (DALYs) for this age group. Approximately, 15% of adults aged 60 and over suffer from a mental disorder. The most common mental and neurological disorder observed in the geriatric population are dementia and depression, which affect approximately 5% and 7% of the world’s older population, respectively. Hence, owing to the growing geriatric population and the rise in associated neurological disorders, the market for medical recruitment is anticipated to witness significant growth.


Candidature -Based Insights

In terms of candidature, the Medical Recruitment market is segmented into health professional, biological & medical scientists, physicians, health information technician’s scientists, medical social workers, medical representatives and others. In 2018, health professionals segment held the largest share of the market, by candidature.

Medical Recruitment market, by Candidature – 2018 and 2027



Medical Recruitment in Healthcare Market, by Candidature – 2018 and 2027
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Service-Based Insights

In terms of end user, the Medical Recruitment market is segmented into managed services, recruitment services, specialist care services, homecare services and others. In 2018, the managed services segment held the largest share of the market, by services.


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Medical Recruitment Market: Strategic Insights

medical-recruitment-market
Market Size Value inUS$ 8,684.50 Million in 2018
Market Size Value byUS$ 11,435.1 Million by 2027
Growth rateCAGR of 3.1% from 2019-2027
Forecast Period2019-2027
Base Year2019
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The Medical Recruitment market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.

Medical Recruitment market – by Candidature

  • Health Professionals
  • Physicians
  • Health Information Technicians 
  • Biological & Medical Scientists 
  • Medical Social Workers
  • Medical Representatives
  • Other Candidatures

Medical Recruitment market – by Service

  • Managed Services

o Consulting Services

o Vendor Management

o Recruitment Processes Outsourcing (RPO)

o Recruitment Services

o Permanent Position

o Temporary Position

  • Specialist Care Services
  • Homecare Services
  • Other Services

Medical Recruitment market – by Geography

  • North America

    • US
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • South Korea
    • Japan
    • Australia
    • Rest of APAC
  • Middle East & Africa (MEA)

    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America and Central America (SCAM)

    • Brazil
    • Argentina
    • Rest of SCAM

Company Profiles

  • Impellam Group
  • Everyday Health Group
  • CCM Recruitment International
  • TFS Healthcare
  • IMS Recruitment
  • CPL Healthcare
  • MASC Medical
  • Proclinical
  • Euromotion
  • EGV
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Candidature ; Services ; and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

Frequently Asked Questions


What are the drivers for the medical recruitment market?

The growth of the medical recruitment in healthcare market is attributed to the increasing numbers of healthcare centers, growing developments within the healthcare industry, and speedily growing geriatric population.

What are the major factors expected to limit the growth of the medical recruitment market?

Factor such as challenges to put immigrants in countries is that the difficult factor for the expansion of the market.

What is the market CAGR value of medical recruitment market during forecast period?

The medical recruitment market is growing with the CAGR of 3.1% during forecast period.

What are the core market segments?

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

The List of Companies - Medical Recruitment Market

  1. Impellam Group
  2. Everyday Health Group
  3. CCM Recruitment
  4. TFS Healthcare
  5. IMS Recruitment
  6. CPL Healthcare
  7. MASC Medical
  8. Proclinical
  9. Euromotion
  10. EGV

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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