The share of practicing physicians aged 75 and over in Canada is on a gradual upward trend, with forecasts indicating an increase from 2.71% in 2024 to 2.77% by 2028. This growth reflects a steady year-on-year increase of around 0.37%, illustrating a consistent trend towards an aging workforce within the medical profession. The Compound Annual Growth Rate (CAGR) over these five years is modest, suggesting a slow but steady rise in this demographic.
Future trends to watch for:
- Potential impacts on healthcare delivery and productivity due to an aging physician workforce.
- Implications for medical education and the influx of younger physicians to balance the age demographics.
- Possible policy changes to address the challenges and opportunities of an aging physician population.
