The share of physicians employed in hospitals in South Korea has observed a significant decline from 2013 to 2023. The year-on-year variation indicates consistent negative growth, with notable reductions each year except from 2022 to 2023, where it stabilized at 13.93%. The Compound Annual Growth Rate (CAGR) over the last five years ending in 2023 stood at approximately -2.15%, highlighting a consistent downward trend.
For future trends, it is expected that the share of physicians employed in hospitals will remain stable from 2024 onwards, as forecasted data shows a constant value of 13.94% up to 2028. This stability indicates no significant increase or decrease is anticipated in the next five years. Potential factors to watch for include changes in healthcare policies, shifts towards outpatient care, and the impact of advanced medical technologies on hospital employment dynamics.
