Physician supply is a term that is used to describe the number of trained physicians who work in a healthcare system or labor market. It is dependent on the number of graduates, and the retention rates of the profession. Physician shortage is a growing concern in many countries around the world, due to a growing demand for physicians that outmatches the supply.
The World Health Organization (WHO) estimates that there is a global shortage of 4.3 million physicians, nurses, and other health professionals. The shortage is often starkest in developing nations due to the limited numbers and capacity of medical schools in these countries.
Additionally, rural and remote areas also commonly struggle with a physician shortage the world over. Effects of Physician Shortage
When there is a shortage of physician to provide healthcare services to a population, a number of effects inevitably become evident in the health system, including: Lower quality care Time constraints on doctor-patient interactions Increased workload for healthcare practitioners Overworked and stressed practitioners Unnecessarily prolonged wait time before consultations Higher prices for consultations Projected Supply and Demand
Despite the projections of a modest growth in the supply of physicians by 2025, the demand for physicians is growing at a faster rate than the supply.
The demand for physicians is projected to grow by 17 percent by 2025, due primarily to the growth in population size and the aging population. The population below 18 years is projected to grow by 5%, whereas the elderly population over 65, who typically require more care from physicians, is expected to grow by 41%.
In addition, over a third of physicians today are over the age of 55, and less than half of primary care physicians are available for after-hours attendance. Thus primary care after traditional office hours is usually given in the emergency room. Long waits in the doctor’s office are now part of the expected situation, pointing to an obvious shortage of primary care physicians.
By 2025, it is projected that the demand for physicians in the United Stated will exceed the supply by 46,000 to 90,000. This comprises a shortage of: 12,500 to 31,100 primary care physicians 5,100 to 12,300 medical specialists 23,100 to 31,600 surgical specialists 2,400 to 20,200 other specialists
This shortage of physicians is likely to have a considerable impact on the health of the population. Most scientists believe that it will persist even with the introduction of compensatory scenarios such as: Related Stories
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