The number of professional nurses and midwives employed in US hospitals is forecasted to exhibit a consistent declining trend from 2024 to 2028. In 2023, the recorded figure stood at approximately 2 million persons. Annually, the workforce is projected to decrease slightly, with a year-on-year decline averaging around 0.6% during this period. The compound annual growth rate (CAGR) over the five-year span shows an average decrease of about 0.63% per year.
Future trends to watch for:
- Technological advancements and automation in healthcare could impact demand for traditional nursing roles.
- Emerging healthcare policies aimed at increasing nurse retention and training might counterbalance the projected decline.
- Population aging and chronic disease prevalence could increase the need for specialized nursing and midwifery care.