The number of male practicing physicians aged 65-74 in the US is forecasted to steadily increase between 2024 and 2028, growing from 142,450 in 2024 to 165,310 in 2028. This consistent upward trend represents an annual growth rate, highlighting the continued engagement of older male physicians in the workforce. In 2023, there were 137,700 male physicians in this age group, and projections show this demographic will continue to expand over the coming years.
- Year-on-year growth highlights resilience and retention among older physicians.
- A compound annual growth rate (CAGR) analysis reveals a moderate upward momentum over five years.
Future trends to watch include potential policy changes affecting retirement age, technological advancements in healthcare making practice more accessible for older physicians, and shifts in retirement patterns due to economic factors.
