The number of physicians employed in hospitals in Germany has shown a steady increase from 2013 to 2023. In 2023, the figure stood at 217.9 thousand, rising from 174 thousand in 2013. The year-on-year growth has generally been modest, averaging annual increases of around 2%, with fluctuations. The CAGR over the last five years was 1.73%, indicating a deceleration in growth rate compared to the earlier periods.
Based on forecasted data, the number of physicians is expected to continue growing, albeit at a slower pace. The CAGR for the upcoming five years is projected to be 0.94%, resulting in a cumulative growth rate of 4.79% by 2028.
Future Trends to Watch For:
- Impact of healthcare policy changes on physician employment rates.
- Technological advancements and their potential to either increase demand for physicians or streamline healthcare delivery, reducing the need for increased staffing.
- Demographic shifts and population aging, likely boosting the demand for healthcare services and, consequently, for more physicians.