The number of persons employed in Human Health Services in South Korea exhibited notable growth from 2013 to 2023, beginning at 901,000 in 2013 and reaching 1,190,000 in 2023. The year-on-year growth rates showed a general declining trend with initial high growth of 7.89% in 2013, which tapered to 2.22% by 2023. Over the last five years leading up to 2023, the compound annual growth rate (CAGR) stood at 2.4%. Looking forward, the forecasted data from 2024 to 2028 signifies a continuing upward trend albeit at a slower pace, with a forecasted 5-year CAGR of 1.54%, reflecting a predicted employment figure of 1,310,000 by 2028.
Future trends to watch for in the human health services employment sector in South Korea include:
- Technological advancements: Potential disruptions and efficiencies due to healthcare technologies and automation.
- Demographic shifts: The aging population may drive demand for more health services and subsequently an expanded workforce.
- Policy changes: Government initiatives and healthcare reforms that could influence employment rates.
- Global health trends: Emerging diseases and global health challenges requiring adjustments in the healthcare workforce.
