In 2023, the share of practising physicians aged 35-44 in Canada was 24.00% of the total physician workforce. From 2024 to 2028, this percentage is forecasted to increase steadily from 24.16% to 24.73%. Year-on-year, the share shows a modest growth rate, suggesting a stable influx of physicians in this age bracket transitioning into mid-career stages. The compound annual growth rate (CAGR) for this period is approximately 0.57%, indicating a steady but slow increase year by year.
Future trends to watch for include demographic shifts such as an increasing number of retiring older physicians, potential changes in physician training and immigration policies, and evolving healthcare demands which could impact the distribution and proportion of mid-career physicians within the Canadian healthcare system.
- 2023: 24.00%
- 2024-2028 forecasted growth shows steady increments year-on-year.
- CAGR for 2024-2028: approximately 0.57%.
- Consider demographic and policy impacts on physician age distribution.