There is no shortage of franchising opportunities available to people looking to run their own businesses. Franchises are available across many industries. So, what makes healthcare –specifically healthcare staffing – more attractive than other alternatives? Prospective franchisees want to know.
Perhaps the best and most obvious reason is that not all industries are in growth mode. Healthcare is. Growth of healthcare is baked into the cake by virtue of the aging American population.
The number of adults aged 65 and older is expected to reach 65 million in 2025, as the youngest members of the Baby Boom generation reach retirement age. For most healthcare providers, that means an influx of patients. Senior citizens generally have a higher incidence of disease and therefore consume more healthcare services than others.
Increased demand for healthcare services naturally has a knock-on effect: a rising demand for healthcare workers. That is the expectation for the next five years, at least.
All of this means that hospitals, long term care facilities, physician offices, clinics and other healthcare facilities have more staffing needs than in the past. They are expected to turn to recruitment agencies to maintain adequate staff ratios, at least on a short-term basis. That bodes well for the healthcare staffing industry.
While it has gone largely unnoticed by the general population, the healthcare staffing industry has achieved market acceptance by healthcare providers. Providers commonly call on recruitment agencies to minimize persistent personnel shortages.
According to Grand View Research, U.S. healthcare staffing was a $24.1 billion market in 2021. It is expected to grow, on average, 5.6% annually between 2022 and 2030. The growth story is a compelling argument for participation in the industry.
Financially, a healthcare staffing franchise is within the reach of a broad range of professionals. Although a background in healthcare is helpful, it is by no means a requirement. Successful franchisees come from a variety of industries. The common thread for success is that people work hard, believe in themselves and seek to control their own destinies. Often, they achieve greatness.
ATC Healthcare is a Top 100 Global Franchise and serves more than 65 territories nationwide. Interested in learning about the benefits of owning a healthcare staffing franchise? Visit atchealthcare.com/franchising or contact firstname.lastname@example.org for more information.