Several factors drive the competitive market in nursing. Key among them are:
Demand for Nursing Services: Increased life expectancy and chronic disease prevalence have heightened the need for nursing care. Technological Advancements: Innovations in medical technology require nurses to continuously update their skills. Educational Institutions: The number and quality of nursing schools influence the supply of qualified nurses. Government Policies: Regulations and funding affect both the demand and supply of nursing services. Globalization: International migration of nurses impacts the workforce in various countries.
