As of 2023, practising physicians aged 45-54 accounted for 19.08% of the total in Canada. The forecasted data for the years 2024 to 2028 show a slight decrease in this percentage, dropping from 19.06% in 2024 to 18.99% by 2028. The year-on-year variation reveals a minuscule decline, indicating stability in this age group's share. Over five years, the compound annual growth rate (CAGR) suggests a marginal downward trend.
Future trends to watch for:
- Impact of retirement rates among older physicians on age distribution.
- Influence of medical school graduation rates and younger physician retention.
- Shifts in healthcare policies affecting workforce demographics.
