The share of physicians employed in hospitals in Canada remained stagnant at 5.73% from 2016 to 2021. A slight upward trend began in 2022, with a small increase to 5.76%, reflecting a year-on-year variation of 0.52%. This trend continued into 2023 with another increase to 5.78%, marking a 0.35% variation. The average annual growth rate (CAGR) over the last five years leading to 2023 stood at 0.17%.

Projections show a continued gradual increase, with the share expected to reach 5.88% by 2028. The forecasted 5-year CAGR is 0.27%, translating to an overall projected growth rate of 1.38% over the period.

Future trends to watch for:

Potential impacts of healthcare policy changes on physician employment patterns.
The role of technology and telemedicine in altering hospital employment dynamics.
Shifts in healthcare demand and their effects on hospital staffing needs.