The share of Generalist Medical Practitioners in the US has shown a consistent decline from 2013 to 2023. In 2023, the percentage stood at 11.37%, a decrease from previous years. This downward trend is reflected in the year-on-year variations over the last decade, with an average annual reduction. Specifically, the year-on-year variation for 2022 and 2023 was -0.44%, and the CAGR over the last five years was -0.57%. The forecast for 2024 to 2028 predicts a further decline at a 5-year CAGR of -0.25%.
Future trends to watch for include the impact of increased specialization and advanced AI and telemedicine adoption, potentially further reducing the need for generalist practitioners. Policy changes and healthcare reforms could also influence the supply and demand balance for these medical professionals.
