The number of practicing physicians aged 65-74 in the US is forecasted to increase from 184.94k in 2024 to 220.17k by 2028. From 2023 to 2024, there was a 4.9% increase, while from 2024 to 2025, the increase is expected to be 4.8%. Year-on-year forecasts from 2025 to 2028 show steady growth, averaging around 4.3% annually. The Compound Annual Growth Rate (CAGR) over the five-year forecast period stands at approximately 4.4%.
Future trends to watch for include the potential impact of retirement rates among older physicians on healthcare staffing, advancements in telemedicine, and policy changes affecting physician work-life balance and retirement age. Monitoring these factors may provide insights into sustaining adequate healthcare staffing levels.
