Western europe medical recruitment market
Western Europe Medical Recruitment Market, By Vertical (Animal Health, Biotechnology Industry, Medical Devices (Medical Capital Equipment, Medical Consumables, Surgical Manufacturing & Distribution), Medical Research/Clinical Research, Nursing/Healthcare, Optometry, Paramedical Staff, Pharmacy, Regulatory and Quality, Scientific Research, Pharmaceutical Industry), By Candidature (Biological and Medical Scientists, Compounders, Health Information Technicians, Healthcare Professionals (Anesthesiologist Technicians, Dentists, General Physicians, Lab Assistants, Mental Health Specialists, Nurses and Paramedical Staff, Radiologists, Surgeons), Medical Social Workers, Optometrists, Pharmacists, Pharmacovigilance and Regulatory Affairs, Veterinary Physicians, Medical Representatives), By Service (Homecare Services, Managed Services (Consulting Services, Recruitment Process Outsourcing (RPO), Vendor Management), Specialist Care Services, Recruitment Services (Permanent Positions, Temporary Positions)), By Region (Western Europe (UK, France, Germany, Benelux, Sweden, Norway, Denmark, Rest of Western Europe)) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
- Sep 2021
- CMI4643
- 330 Pages
- Excel & Pdf
- Healthcare IT
Medical recruiting offers recruiting services for the healthcare industry. It offers services in recruitment of hospital doctors, general practitioner, dentists, nurses, physiotherapists and other specialists.
Western Europe medical recruitment market is estimated to be valued at US$ 16,598.2 million in 2021 and is expected to exhibit a CAGR of 3.6% over the forecast period (2021-2028).
Recent Developments:
Companies operating in the market are collaborating with international healthcare organizations which will increase the recruitment services for supporting mass scale endeavors such as vaccination programme. For instance, in December 2020, Medacs Healthcare entered in partnership with Buckinghamshire, Oxfordshire and Oxford Health NHS Foundation Trust; for assisting in building a workforce for the National Vaccination Programme. The contract was launch in early 2021 for recruiting support staff and experienced healthcare professionals.
In addition, companies are assisting biotechnology companies for building a team of experienced healthcare professionals, which will contribute in the market growth of Western Europe medical recruitment market. For instance, in August 2021, a Massachusetts based clinical-stage Biotechnology Company partnered with Proclinical for recruiting individuals with technical expertise for supporting in their research and development activities.
Moreover, the increasing shortage of health professionals in Europe region is likely to boost the growth of Western Europe medical recruitment market. Companies are receiving funding for improving their recruitment services. For instance, in May 2020, Medwing, a German startup secured a funding of US$ 30 million from Cathay Innovation, a Global venture capital firm for providing permanent and non-permanent positions for healthcare professionals.
UK held dominant position in the Western Europe medical recruitment market in 2020, accounting for 36.4% share in terms of volume, followed by Germany and France, respectively. The favorable government initiatives in UK can be attributed to its dominant position in the Western Europe medical recruitment market. For instance, in February 2021, UK Government announced change international recruitment practices which will facilitate to recruit around 50,000 additional nurses and an extra 50 million GP appointments by the year 2024.
Figure 1. Western Europe Medical Recruitment Market Value (US$ Mn), by Country, 2020
Western Europe Medical Recruitment Market: Drivers
Growth in pharmaceutical sector is expected to propel growth of the Western Europe medical recruitment market over the forecast period. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the pharmaceutical sector in Europe was valued at US$ 139, 287 million in 2000, which increased to US$ 284, 028 million (est.) in 2018.
Moreover, increasing prevalence of chronic disorders is also expected to aid in growth of the market. For instance, according to Diabetes UK, over five million people will suffer from diabetes in the U.K. by 2025.
Western Europe Medical Recruitment Market Report Coverage
| Report Coverage | Details | ||
|---|---|---|---|
| Base Year: | 2020 | Market Size in 2021: | US$ 16,598.2 Mn |
| Historical Data for: | 2017 to 2020 | Forecast Period: | 2021 to 2028 |
| Forecast Period 2021 to 2028 CAGR: | 3.6% | 2028 Value Projection: | US$ 21,233.50 Mn |
| Geographies covered: |
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| Segments covered: |
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| Companies covered: |
Medacs Healthcare, Euromotion Medical, CPL Healthcare Limited, ProClinical Limited, TFS Healthcare, EGV Recruiting, and CCM Recruitment |
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| Growth Drivers: |
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| Restraints & Challenges: |
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Western Europe Medical Recruitment Market: Opportunities
Large scale pharmaceutical companies are setting up new facilities in European region which creates new opportunities for the growth of Western Europe medical recruitment market. For instance, in February 2020, Sanofi planned to create active pharmaceutical ingredients (API) facilities in Germany, UK and France. Hence, the emergence of new pharmaceutical facilities will create recruitment opportunities in the region.
Market Trends
Increasing R&D expenditure is expected to propel growth of the Western Europe medical recruitment market. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the pharmaceutical sector in Europe invested US$ 19, 509 million in 2000, which increased to US$ 39,895 million (est.) in 2018.
Moreover, increasing employment is also expected to propel growth of the Western Europe medical recruitment market over the forecast period. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the number of R&D employment in the pharmaceutical sector in Europe increased from 554,186 units in 2000 to 765, 000 units (est.) in 2018.
Figure 2. Global Western Europe Medical Recruitment Market Share, By Candidature, 2020
Key Takeaways of the Graph:
- Among candidature segment, the healthcare professionals held dominant position in the market and accounted for 45.7% share in Western Europe medical recruitment market in 2020. The segment is expected to reach US$ 10,017.3 million in 2028.
- The growth in healthcare professionals segments can be attributed to increasing requirement of healthcare professionals for COVID-19 duty.
Western Europe Medical Recruitment Market: Restraints
Extremely competitive healthcare education system may lead to low number of students opting for medical education, which may hinder growth of the market.
Moreover, longer medical curriculum may also limit growth of the market. For instance, in Germany, the medical curriculum consists of 2 major parts: the 2-year preclinical segment and the 4-year clinical segment.
Western Europe Medical Recruitment Market: Competitive Landscape
Major players operating in the Western Europe medical recruitment market include, Medacs Healthcare, Euromotion Medical, CPL Healthcare Limited, ProClinical Limited, TFS Healthcare, EGV Recruiting, and CCM Recruitment.
Western Europe Medical Recruitment Market: Key Developments
Major players in the market are focused on adopting CSR strategies. For instance, in May 2020, Medacas Healthcare announced the continuation of its work with Cavell Nurses’ Trust, a U.K.-based charity supporting nursing professionals suffering from professional and financial hardship.
Major players in the market are also focused on expanding their geographical presence. For instance, in March 2020, ProClinical Limited launched its new office at Chesterford Research Park, England.
Major players in the market are focused on acquiring contracts to enhance their market share. For instance, in October 2019, Medacas Healthcare received new nursing managed service contract from Lancashire Teaching Hospitals, U.K.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Vertical
- Market Snippet, By Candidature
- Market Snippet, By Service
- Market Snippet, By Country
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Services launch
- Regulatory Scenario
- PEST Analysis
- Western Europe Medical Recruitment Market, By Vertical, 2020 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Animal Health
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Biotechnology Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Medical Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Medical Capital Equipment
- Medical Consumables
- Surgical Manufacturing & Distribution
- Medical Research/Clinical Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Nursing/Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Optometry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Paramedical Staff
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Regulatory and Quality
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Scientific Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Pharmaceutical Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Western Europe Medical Recruitment Market, By Candidature, 2020 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Biological and Medical Scientists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Compounders
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Health Information Technicians
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Healthcare Professionals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)\
- Anesthesiologist Technicians
- Dentists
- General Physicians
- Lab Assistants
- Mental Health Specialists
- Nurses and Paramedical Staff
- Radiologists
- Surgeons
- Medical Social Workers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Optometrists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Pharmacists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Pharmacovigilance and Regulatory Affairs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Veterinary Physicians
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Medical Representatives
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Western Europe Medical Recruitment Market, By Service, 2020 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Homecare Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Managed Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Consulting Services
- Recruitment Process Outsourcing (RPO)
- Vendor Management
- Specialist Care Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Recruitment Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Permanent Positions
- Temporary Positions
- Western Europe Medical Recruitment Market, By Country, 2020 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- UK
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- France
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Germany
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Benelux
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Sweden
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Norway
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Denmark
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Rest of Western Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018 – 2028, (US$ Million)
- Competitive Landscape
- Company Profiles
- Medacs Healthcare
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Euromotion Medical
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- CPL Healthcare Limited
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- ProClinical Limited
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- TFS Healthcare
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- EGV Recruiting
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- CCM Recruitment
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Section
- References
- Research Methodology
- About us and Sales Contact
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