Between 2013 and 2023, the share of physicians employed in hospitals in the US showed minimal but steady growth, increasing from 4.98 to 5.36 units of total hospital employment. Year-on-year variation fluctuated, peaking in 2013 with a 5.73% increase and experiencing minor declines in other years, such as -1.36% in 2017. Over the last two years, the variations remained modest, with a 0.76% increase in 2022 and a 0.94% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years averaged 0.92%.
Looking forward, the forecasted data indicates a continued gradual rise, with the share reaching 5.56 units by 2028. The forecasted 5-year CAGR is 0.59%, reflecting a steady but slow growth trajectory. Future trends to watch include potential impacts of healthcare policy changes, technological advancements, and the evolving demand for hospital-based versus outpatient services.
