In 2023, the density of professionally active pharmacists in Canada stood at 1.17 per thousand persons. Forecasted data suggests a steady increase in this density over the period from 2024 to 2028, with values rising from 1.18 to 1.24. The year-on-year growth indicates a consistent upward trajectory, with a variation of approximately 0.85% annually. The compound annual growth rate (CAGR) over these five years is anticipated to be slightly above 1%.
Future trends to watch for include advancements in pharmaceutical technology and policy changes that could impact pharmacist demand. Additionally, demographic shifts, such as an aging population, may influence the demand for pharmacists, potentially accelerating growth beyond current forecasts.