The number of practicing physicians in Canada is expected to increase steadily from 109,810 in 2024 to 114,840 by 2028. This growth reflects an average increase of approximately 1.23% year-over-year. As of 2023, there were fewer than 109,810 practicing physicians, marking continued growth in the healthcare sector. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be about 1.23% annually, illustrating consistent demand for healthcare services amid population growth and aging.
Future trends to watch for:
- Integration of advanced technology in healthcare practices might influence physician demand and distribution.
- Healthcare policy changes could impact resources allocated for medical training and physician hiring.
- Cross-border physician mobility might affect local supply amid global healthcare workforce dynamics.
- Potential rise in telemedicine could redefine the traditional roles and numbers of practicing physicians.