As of 2023, the density of practicing physicians in the US stood at approximately 2.70 per thousand persons. From 2024 onwards, forecast data predicts a gradual increase, with the density inching upward by 0.01 every year until 2028, reaching 2.75 per thousand persons in that year. This equates to a consistent year-on-year increase of around 0.37% annually. Over the projected five-year period from 2024 to 2028, the compound annual growth rate (CAGR) remains stable, demonstrating a modest upward trend in physician density.
Future trends to monitor include technological advancements reducing the need for certain physician roles, policy changes affecting healthcare access and capacity, and shifts in population demographics enhancing demand for medical professionals.
