The number of specialist medical practitioners in South Korea has shown consistent growth from 2013 to 2023, standing at 101.51 thousand persons in 2023. Year-on-year variations indicate a stable increase with recent figures showing a 2.48% growth in 2023 and a 2.57% increase in 2022. Over the past five years, the Compound Annual Growth Rate (CAGR) has averaged 2.49%, illustrating steady expansion in this sector.
Looking ahead, forecasted data from 2024 suggests continued growth reaching 113.42 thousand persons by 2028. This period is expected to see a more moderate annual growth rate with a forecast 5-year CAGR of 1.76%, cumulatively resulting in a 9.13% increase over the five-year period.
Future trends to watch for include technological advancements in medical training, government policies aimed at healthcare expansion, and the potential impact of an aging population on the demand and specialization within medical practices in South Korea.
