In 2024, the number of practicing physicians in the US is forecasted at 915.75 thousand. This reflects a continuation from 2023, where the figure stood at 905.87 thousand, based on an extrapolated linear growth observed before 2024. The forecast reveals a consistent year-on-year growth rate of approximately 1% from 2024 through 2028. The compound annual growth rate (CAGR) projected for the 2024-2028 period is approximately 1.05%, indicating a steady expansion of the physician workforce.
Future trends to watch include:
- Impact of medical school enrollments on physician supply.
- Influences of healthcare policies on demand and supply dynamics.
- Technological advancements potentially altering physician roles.
