In 2023, Canada's density of pharmacist graduates was estimated at 3.3 health graduates per hundred thousand persons. Forecasts suggest a steady increase, reaching 3.36 by 2028. The year-on-year growth from 2024 to 2025 is expected to be 0.3%, and from 2025 to 2026, 0.6%. Simultaneously, the projected compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 0.6%.
Looking ahead, several trends could influence this forecast:
- Changes in healthcare policies affecting pharmacist demand.
- Advancements in pharmacy education technology affecting graduate numbers.
- Shifts in population demographics requiring more healthcare professionals.
