Global Medical Online Recruitment Market Size By Job Type, By End-User, By Platform Type, By Geographic Scope And Forecast

Report ID: 238718|No. of Pages: 202

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Global Medical Online Recruitment Market Size By Job Type, By End-User, By Platform Type, By Geographic Scope And Forecast

Report ID: 238718|Published Date: Sep 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Medical Online Recruitment Market Size And Forecast

Medical Online Recruitment Market size was valued at USD 7.27 Billion in 2024 and is projected to reach USD 19 Billion by 2031, growing at a CAGR of 24.57% during the forecast period 2024-2031.

Medical Online Recruitment Market  is estimated to grow at a CAGR of 24.57% & reach US$ 19 Bn by the end of 2031

Global Medical Online Recruitment Market Drivers

The market drivers for the Medical Online Recruitment Market can be influenced by various factors. These may include:

  • Lack of Healthcare Professionals: There is a global scarcity of healthcare professionals as a result of the ageing population, rising demand for healthcare services, and the incidence of chronic illnesses. Healthcare companies can access a wider pool of candidates using online recruitment platforms, which facilitates more effective staffing shortage management.
  • Efficiency and Cost Savings: Compared to traditional recruitment methods, online recruitment platforms provide healthcare organisations with an efficient and cost-effective means of sourcing, screening, and hiring competent applicants. This is what propels the medical industry’s embrace of online hiring platforms.
  • Globalisation of Healthcare: More healthcare workers are travelling abroad in search of possibilities as a result of the globalisation of healthcare. Online recruiting platforms serve as a conduit between healthcare organisations and candidates globally, hence facilitating cross-border recruitment by providing competent experts to fill available positions.
  • Technological Developments: The capabilities of online recruitment platforms have been improved by developments in artificial intelligence (AI), machine learning, and data analytics. These platforms can now use algorithms to match job openings with individuals according to their interests, talents, and qualifications, which increases the effectiveness of the hiring process.
  • The advent of remote work and telemedicine has enabled healthcare organisations to reach a wider geographic audience. This has given rise to the need for online recruitment platforms to facilitate the connection between remote healthcare professionals and job opportunities in virtual care environments.
  • Various Roles, Specialisations, and Locations Needed for employment: Healthcare companies have a wide range of employment requirements. Employers can locate people who fit their specific needs by using the extensive job listings and search filters available on online recruitment platforms that are geared towards healthcare occupations.
  • Demand for Specialised Skills: The healthcare sector needs doctors, nurses, allied health professionals, and healthcare administrators, among other specialists with specific training and credentials. In order to address the demand for specialised skills, online recruiting portals specialise in connecting these individuals with pertinent job opportunities.
  • Flexibility and Convenience: Healthcare workers can look for job openings whenever it’s convenient for them, from any location with an internet connection, thanks to online recruitment platforms. Passive candidates—those who are open to investigating career opportunities but may not actively seek them out—are drawn to this convenience.
  • Compliance and Credentialing: Healthcare institutions are required to follow legal guidelines and guarantee that the licences and credentials held by their employees are valid. In order to ensure regulatory compliance and streamline the verification process, online recruitment platforms frequently incorporate compliance and credentialing tools.
  • Enhancing the Candidate Experience: With user-friendly interfaces, tailored job recommendations, and communication options for connecting with recruiters, online recruiting platforms aim to improve the candidate experience. Higher engagement and retention rates can be attributed to positive candidate experiences.

Global Medical Online Recruitment Market Restraints

Several factors can act as restraints or challenges for the Medical Online Recruitment Market. These may include:

  • Lack of Standardisation: It is difficult to standardise recruitment procedures and requirements between various healthcare organisations due to the broad range of specialisations, roles, and qualifications that make up the medical industry. Online recruitment platforms may become inefficient and inconsistent due to a lack of standardisation.
  • Regulatory Compliance: Hiring in the healthcare industry is subject to stringent regulations pertaining to background checks, professional licencing, patient privacy (known as HIPAA in the US), and employment legislation. These laws, which differ by jurisdiction and complicate the hiring process, must be complied with by online recruitment platforms.
  • Data security and privacy issues are brought up by the handling of private and sensitive medical and personal data on online recruitment platforms. Online platforms may cause reluctance among healthcare organisations and job seekers because of concerns about identity theft, data breaches, and unauthorised access to private information.
  • Candidate Quality: Although online recruitment platforms provide access to a broad candidate pool, there may be differences in the calibre of applications. Healthcare companies may have trouble finding competent applicants with the required training, experience, and credentials, which could result in drawn-out hiring processes and increased employee turnover.
  • Digital Divide and Access Disparities: In underserved or rural locations with insufficient connectivity or technological infrastructure, healthcare professionals often do not have equitable access to the internet and digital resources. The digital divide may make differences in access to employment possibilities worse and make recruiting more difficult in some areas.
  • Opposition to Technology Adoption: Because of worries about technology dependence, user experience, and the alleged impersonality of online interactions, certain healthcare organisations and professionals may be reluctant to embrace online recruitment platforms. Users must need assistance, instruction, and training in order to overcome resistance to adopting new technologies.
  • Competition from Conventional Approaches: Online recruitment platforms may face competition from conventional approaches, which are still widely used in the healthcare sector and include job fairs, referrals, and recruitment agencies. Online platforms may still be used in conjunction with these tried-and-true approaches by healthcare organisations, which would reduce the market share of online recruitment services.
  • Financial Restraints: In the healthcare industry, financial restraints, financing shortages, and downturns can affect recruiting practices and recruitment budgets. In times of financial uncertainty, healthcare organisations could cut back on their expenditures for recruitment services or put off their hiring plans.
  • Changes in the Workforce’s Demographics: The healthcare industry is seeing changes in its workforce due to ageing healthcare workers, varying expectations across generations for their careers, and a growing variety of job seekers. To be relevant, online recruitment platforms need to adjust to these shifting interests and demographics.
  • Challenges with Credentialing and Verification: It might take a lot of time and effort to confirm the credentials, licences, and qualifications of healthcare professionals. To guarantee the authenticity and correctness of candidate profiles, online recruitment platforms need to establish strong credentialing and verification procedures.

Global Medical Online Recruitment Market Segmentation Analysis

The Global Medical Online Recruitment Market is Segmented on the basis of Job Type, End-User, Platform Type, and Geography.Medical Online Recruitment Market Segmentation Analysis

Medical Online Recruitment Market, By Job Type

  • Physicians and Surgeons: Recruitment of medical doctors, specialists, surgeons, and physicians across various specialties such as cardiology, neurology, orthopedics, oncology, etc.
  • Nurses and Allied Health Professionals: Recruitment of registered nurses, nurse practitioners, nurse anesthetists, nurse educators, as well as allied health professionals such as medical technologists, radiologic technologists, respiratory therapists, etc.
  • Healthcare Administration and Management: Recruitment of healthcare executives, administrators, managers, and leaders for hospitals, clinics, healthcare organizations, and medical facilities.
  • Support Staff: Recruitment of administrative staff, medical assistants, receptionists, billing specialists, and other support personnel for healthcare settings.

Medical Online Recruitment Market, By End-User

  • Hospitals and Clinics: Medical online recruitment services for hospitals, clinics, medical centers, and healthcare facilities looking to fill physician, nursing, administrative, and support staff positions.
  • Healthcare Organizations: Recruitment services for healthcare organizations such as medical groups, physician practices, outpatient centers, and healthcare networks.
  • Government Agencies: Recruitment services for government healthcare agencies, public health departments, and military medical facilities.
  • Academic Institutions: Recruitment services for medical schools, teaching hospitals, universities, and research institutions seeking faculty, researchers, and administrative staff.

Medical Online Recruitment Market, By Platform Type

  • Specialized Medical Job Boards: Online platforms specifically dedicated to medical and healthcare job postings, where healthcare organizations can advertise job openings and professionals can search and apply for positions.
  • General Job Portals: General online job portals that include a section for healthcare and medical job listings, alongside other industries.
  • Recruitment Agencies and Staffing Firms: Online platforms operated by recruitment agencies and staffing firms specializing in healthcare recruitment, offering placement services for healthcare professionals and organizations.

Medical Online Recruitment Market, By Geography

  • North America: Medical online recruitment services targeting healthcare organizations and professionals in the United States, Canada, and Mexico.
  • Europe: Medical online recruitment services targeting healthcare organizations and professionals in European countries such as the UK, Germany, France, Italy, Spain, etc.
  • Asia-Pacific: Medical online recruitment services targeting healthcare organizations and professionals in countries across the Asia-Pacific region, including China, India, Japan, Australia, etc.
  • Latin America: Medical online recruitment services targeting healthcare organizations and professionals in Latin American countries such as Brazil, Argentina, Chile, etc.
  • Middle East and Africa: Medical online recruitment services targeting healthcare organizations and professionals in Middle Eastern and African countries.

Key Players

The major players in the Medical Online Recruitment Market are:

  • Impellam (Medacs Global)
  • 51job
  • Cpl Resources
  • Apex K.K
  • CareerBuilder
  • Robert Walters
  • Monster Worldwide. Inc
  • DRC Locums
  • Page Personnel

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Impellam (Medacs Global), 51job, Cpl Resources, Apex K.K., CareerBuilder, LinkedIn, Robert Walters, Monster Worldwide, Inc., DRC Locums, Page Personnel, Your World Healthcare and Others

SEGMENTS COVERED

By Job Type, By End-User, By Platform Type, and By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Verified Market Research:

Research Methodology of VMRTo know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team at Verified Market Research.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Medical Online Recruitment Market was valued at USD 7.27 Billion in 2024 and is projected to reach USD 19 Billion by 2031, growing at a CAGR of 24.57% during the forecast period 2024-2031.

Lack of Healthcare Professionals, Efficiency and Cost Savings, Globalisation of Healthcare, and Technological Developments are the factors driving the growth o the Medical Online Recruitment Market.

The major players in the Market are Impellam (Medacs Global), 51job, Cpl Resources, Apex K.K., CareerBuilder, LinkedIn, Robert Walters, Monster Worldwide, Inc., DRC Locums, Page Personnel, Your World Healthcare, and Others

The Global Medical Online Recruitment Market is Segmented on the basis of  Job Type, End-User, Platform Type, and Geography.

The sample report for the Medical Online Recruitment Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

TABLE OF CONTENT

1 INTRODUCTION OF THE GLOBAL MEDICAL ONLINE RECRUITMENT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL MEDICAL ONLINE RECRUITMENT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 GLOBAL MEDICAL ONLINE RECRUITMENT MARKET, BY JOB TYPE
5.1 Physicians and Surgeons
5.2 Nurses and Allied Health Professionals
5.3 Healthcare Administration and Management
5.4 Support Staff

6 GLOBAL MEDICAL ONLINE RECRUITMENT MARKET, BY END-USER
6.1Hospitals and Clinics
6.2 Healthcare Organizations
6.3 Government Agencies
6.4 Academic Institutions

7 GLOBAL MEDICAL ONLINE RECRUITMENT MARKET, BY PLATFORM TYPE
7.1 Specialized Medical Job Boards
7.2 General Job Portals
7.3 Recruitment Agencies and Staffing Firms

8 GLOBAL MEDICAL ONLINE RECRUITMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa

9 GLOBAL MEDICAL ONLINE RECRUITMENT MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies

10 COMPANY PROFILES

10.1 Impellam (Medacs Global)
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Type Outlook
10.1.4 Key Developments

10.2 51job
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Type Outlook
10.2.4 Key Developments

10.3 Cpl Resources
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Type Outlook
10.3.4 Key Developments

10.4 Apex K.K.
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Type Outlook
10.4.4 Key Developments

10.5 CareerBuilder
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Type Outlook
10.5.4 Key Developments

10.6 LinkedIn
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Type Outlook
10.6.4 Key Development

10.8 Robert Walters
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Type Outlook
10.8.4 Key Developments

10.8 Monster Worldwide
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Type Outlook
10.8.4 Key Developments

10.10 DRC Locums
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Type Outlook
10.10.4 Key Developments

10.10 Your World Healthcare
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Type Outlook
10.10.4 Key Developments

11 KEY DEVELOPMENTS
11.1 Type Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations

12 Appendix
12.1 Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Medical Online Recruitment Market

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