The number of pharmacists practising in Austria in 2023 stood at 6.76 thousand persons. Forecasts indicate a steady annual increase in this number, with projections of 6.84 thousand in 2024, 6.92 thousand in 2025, 7.0 thousand in 2026, 7.08 thousand in 2027, and 7.16 thousand in 2028. This reflects a consistent year-on-year growth rate ranging from approximately 1.2% to 1.3%. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is expected to be around 1.24%.
Future trends to watch for include the impact of technological advancements in pharmacy practice, changes in healthcare policy, demographic shifts leading to increased healthcare needs, and the role of pharmacists in public health initiatives. These factors could influence both demand and supply in the pharmacy sector in Austria.
