Doximity December, 2019
Our data shows that the demand for physicians has been increasing year-over-year for the past three years; which is good news for physicians working today, but also represents a concern as patient demand increases and physician shortages worsen. The physician shortage is predicted to reach over 120,000 by 2032 according to the Association of American Medical Colleges.
INTRODUCTION
The U.S. economy continued its growth streak in 2019, with GDP on the rise in the third quarter1 and unemployment across the country on a downward trajectory. Job opportunities in the healthcare sector have also increased, with more than 402,000 industry jobs being added over the last 12 months.2
Not surprisingly, the market for physicians also grew in 2019. When looking...
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