The share of physicians employed in hospitals in the UK has witnessed a gradual upward trend from 2013 to 2023. In 2023, the value stood at 9.59, reflecting a consistent, albeit modest, increase over the years. The year-on-year variations have generally been positive, with notable increases in 2017 (1.32%), 2019 (1.63%), and 2020 (2.77%). However, there were slight declines in 2016 (-0.55%) and 2021 (-1.14%). Over the last two years, 2022 and 2023, the increases have moderated to 0.42% and 0.21% respectively. The five-year CAGR from 2018-2023 stands at 0.77%.
Looking ahead to the forecast period from 2024 to 2028, the growth trend is expected to decelerate slightly with a forecast five-year CAGR of 0.1%. Nevertheless, the share of physicians employed in hospitals is projected to retain a steady upward trajectory, culminating in a value of 9.66 in 2028, which is reflective of a 0.52% growth rate over this period.
Future trends to watch for include potential impacts of healthcare policy changes, evolving workforce dynamics influenced by technological advancements, and broader healthcare system reforms which may further affect employment patterns of physicians in hospitals in the UK.
