Over the past decade, the number of employees in Human Health Services in Austria has shown a steady increase. As of 2023, the employment stood at 260.97 thousand persons. Between 2013 and 2019, the sector experienced a consistent year-on-year growth with slight fluctuations, the highest being in 2015 at 2.81% and the lowest in 2016 at -0.45%. Over the last five years leading up to 2023, the Compound Annual Growth Rate (CAGR) averaged 0.84%.
From 2024 onwards, the forecast indicates a continued upward trend, albeit at a slightly lower CAGR of 0.56%. By 2028, the workforce is expected to have grown by approximately 2.85% compared to 2023, reaching around 270.43 thousand persons.
Future trends to watch for:- Aging population leading to increased demand for healthcare services.- Technological advancements in healthcare, possibly impacting manpower requirements.- Government policies and investment in healthcare infrastructure.- Economic fluctuations influencing job growth and attrition in the sector.
