As of 2023, the number of male practicing physicians aged 55-64 in the US stood at approximately 128. Following this, forecast for 2024 to 2028 indicates a gradual decline from 126.05 thousand in 2024 to 119.16 thousand in 2028. Year-on-year variations show a consistent decrease, averaging a decline by about 1.5% annually. Over the five-year period, the compound annual growth rate (CAGR) reflects a downtrend, emphasizing the aging and retiring of male physicians in this age group.
Future trends to watch include potential impacts of increased retirement rates, healthcare policy changes, and efforts to retain older physicians in the workforce. The trend towards younger and more diverse entrants into the medical field is also significant, potentially influencing the demographic composition of practicing physicians in the upcoming decade.
