In 2023, the number of pharmacists licensed to practice in Spain stood at 81.33 thousand persons. Based on forecasted data, this figure is expected to increase steadily over the coming years:
• 2024: 82.76 thousand persons (1.76% YoY increase)
• 2025: 84.21 thousand persons (1.76% YoY increase)
• 2026: 85.65 thousand persons (1.71% YoY increase)
• 2027: 87.07 thousand persons (1.66% YoY increase)
• 2028: 88.48 thousand persons (1.62% YoY increase)
From 2021 to 2028, the Compound Annual Growth Rate (CAGR) is approximately 1.70%, demonstrating a consistent increase in the number of licensed pharmacists in Spain.
Future trends to watch for:
• The aging population may drive higher demand for pharmaceutical services, impacting the need for more licensed pharmacists.
• Emerging technologies and automation in pharmacy practices could affect the number of practicing pharmacists required.
• Educational and policy changes may influence the rate at which new pharmacists are licensed.