The number of hospital-employed persons in South Korea has shown a notable increase from 2013 to 2023, with a significant growth pattern observed over the past decade. In 2023, the value stood at 495.29 thousand persons. Year-on-year variation has shown fluctuations, with notable peaks in 2016 (12.82%) and 2019 (9.06%). The last two years leading up to 2023 showed a more moderate growth at 1.93% in 2022 and 1.88% in 2023. The compound annual growth rate (CAGR) over the last five years indicates an average growth of 4.24% per year. Future projections from 2024 forecast a continuing upward trend, with the number expected to reach 539.73 thousand persons by 2028, implying a forecasted 5-year CAGR of 1.37% and a growth rate of 7.01% over the five-year period.
Future trends to watch for include the impact of technological advancements in healthcare, changes in government healthcare policies, and demographic shifts such as aging populations which can potentially influence the demand for hospital workforce in South Korea.