The number of physicians employed in hospitals in Mexico stood at 261.95 thousand in 2023. Reviewing the trends, the sector saw steady growth from 2013 to 2019, with few fluctuations. The period from 2020 to 2021 reflected a notable decrease of 1.45%, likely due to the impact of the pandemic; however, a rebound was observed in 2021 with a growth rate of 5.73%. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 2.04%, indicating consistent, if modest, growth.

Looking ahead, forecast data suggests the number of physicians will continue to grow, albeit at a slower pace, with an average forecasted CAGR of 1.69% from 2024 to 2028. The overall growth rate for this period is expected to be 8.76%, showing a decelerated, yet positive trend.

Future trends to watch for include:

The impact of healthcare policy changes and investments in medical education on physician supply.
Technological advancements and their potential to alter demand for hospital-based physicians.
Economic factors affecting healthcare employment rates in Mexico.