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Medical Recruitment Market: Healthcare Professionals Candidature Segment Projected to Exhibit Relatively High CAGR During the Forecast Period: Western Europe Industry Analysis (2013–2017) and Opportunity Assessment (2018–2028)

Report Description

The healthcare sector is witnessing steady growth across various countries in Western Europe. The healthcare industry is seeking the help of recruitment agencies to hire healthcare professionals. Medical recruitment agencies provide three types of professionals to any healthcare organisation or institution: permanent, temporary and locum candidates. Medical recruitment agencies charge a fee for recruiting healthcare professionals in hospitals, Clinical Research Organizations (CROs) and rehabilitation centres. Recruiting a healthcare professional or to help professionals by placing them in a healthcare organisation is known as medical recruitment.

The pharmaceutical industry is entering an inspiring period in medicine development. It plays a vital role in increasing the demand for healthcare industry recruitment services. Growth in the pharmaceutical industry is rapidly boosting production, exports and R&D expenditure. This is expected to result in a significant increase in the employment of new workforce in the region, which is expected to drive the medical recruitment market in Western Europe.

Revenue generated by the Western European medical recruitmentmarket is estimated to exhibit a single digit CAGR, and hence, is expected to reach US$ 21,223.0 Mn by 2028. On the basis of vertical, the Nursing/Healthcare segment in the medical recruitment market is estimated to hold the largest share in 2028. The Nursing/Healthcare segment in the medical recruitment market is also expected to exhibit a single digit CAGR. On the basis of candidature, the healthcare professionals segment in the medical recruitment market is estimated to hold approximately 55.6% of market share in 2028.

The medical recruitment market in the U.K. is expected to witness the highest growth in the Western European market owing to an increase in the number of research projects related to healthcare as well as the growth of the pharmaceutical industry in Western Europe.

Some popular agencies contributing to the medical recruitment market are Medacs Healthcare, Euromotion Medical, CPL Healthcare, ProClinical Recruitment, TFS Healthcare, EGV Recruiting, CCM Recruitment and IMS Recruitment.

  • In June 2017, the University of Kentucky Health Care Committee, U.K. approved a US$ 1.5 Bn budget, which includes three projects and a lease for additional space at Turfland Clinic for the fiscal year 2017.

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