The share of practicing physicians aged 35-44 in the US is projected to gradually decline from 21.17% in 2024 to 20.86% in 2028. This trend indicates a consistent annual decrease, with minor year-on-year declines ranging from roughly 0.09% to 0.14%. As of 2023, this share stood at 21.26%, highlighting a slight downtrend over the period. Over the upcoming five-year period, the compound annual growth rate (CAGR) is negative, suggesting a steady reduction in this age group's proportion relative to total practicing physicians.
Future trends to watch for include:
- Potential changes in training and recruitment patterns that could affect the demographics of incoming physicians.
- Evolving healthcare demands and policy changes impacting physician career longevity.
- The influence of retirement trends in older age cohorts on openings for younger physicians.