In 2024, the number of practicing physicians aged 35 or less in Canada is forecasted to reach 29,100,000. From 2024 to 2028, there is a steady upward trend with projected figures reaching 31,710,000 by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.21% over five years. The year-over-year growth rates show consistent increases, with 2.27% from 2024 to 2025 and similar percentages annually until 2028.
The upward trend suggests a notable increase in the younger physician workforce entering the healthcare system. Future trends to watch for include potential impacts from changes in medical education policies, international recruitment of physicians, and the effects of policy shifts in healthcare funding which could accelerate or decelerate this growth dynamic.