The share of surgery specialists in the US has shown a gradual decline from 15.39 in 2013 to 14.88 in 2023. The year-on-year variation has largely been negative, with a few exceptions in 2018 and 2020 showing marginal positive growth. The compound annual growth rate (CAGR) over the last five years has averaged -0.35%. Moving forward, from 2024, the forecast indicates a continued modest decline with a five-year forecast CAGR of -0.16% and an overall growth rate of -0.81% through 2028.
Future Trends to Watch For:
- Shifts in healthcare policies may impact the demand for surgical specialists.
- Technological advancements in surgery (e.g., robotic surgery) could influence workforce needs.
- Aging population demographics may either slow the decline due to increased surgical needs or accelerate it due to a focus on preventive medicine.
- Changes in medical education and specialist training programs could alter the supply of surgery specialists.