Highest paid medical Specialities by 2034- Must watch before NEET Counselling.

Summary

Dr. D Masu's video explores the future of medical specialties, predicting which will be most lucrative by 2034. He advises medical students to consider demographic shifts and market trends, highlighting specialties like geriatric medicine, oncology, and cardiology as potential high-earners. The video emphasizes the importance of aligning career choices with future healthcare demands, rather than current trends, to maximize earning potential and job satisfaction.

Takeaways

• 🕵️‍♂️ Specialties that are booming now may not be the same in the future, so it's important to predict and prepare for future trends in the medical field.
• 📈 The career graph of a doctor usually starts with postgraduation, followed by gaining significant experience, and eventually reaching a point of high demand and high salary.
• 🤔 The market graph, which is not under individual control, is influenced by factors such as healthcare industry preferences and demographic changes.
• 🔗 The intersection of a doctor's career graph and the market graph can lead to a significant increase in salary and demand for that specialty.
• 💼 Current booming specialties include surgical specialties, gastroenterology, orthopedics, cardiology, nephrology, pediatrics, ophthalmology, and general medicine with private setups.
• 🌡️ Demographic changes are a key factor influencing the future of medical specialties, with the aging population and the rise of young, affluent individuals being particularly significant.
• 👴 The geriatric population is expected to increase significantly, leading to a higher demand for geriatric medicine and associated specialties like oncology, gastroenterology, urology, nephrology, cardiology, and neurosurgery.
• 🏥 Specialties related to the younger, more affluent population, such as sports injury management, emergency medicine, addiction medicine, cosmetic surgery, bariatric surgery, sleep medicine, andrology, and infertility, are expected to grow.
• 🛠️ Technological advancements like robotic surgeries and nuclear medicine are likely to increase in demand, creating opportunities in these fields.
• 👨‍⚕️ The importance of being adaptable and serving the community, including home visits for family medicine and geriatric care, is emphasized for future success in the medical field.
• 📚 The video encourages medical students to watch and understand these trends to make informed decisions about their specialty choices for a successful and lucrative career in the future.

Q & A

What is the main topic of Dr. D Masu's presentation?

The main topic of Dr. D Masu's presentation is predicting which medical specialties will be the highest paid by 2034 and providing insights on how to choose a specialty that will be in demand in the future.

Why is it important to consider future trends rather than current trends when choosing a medical specialty?

It is important because the time lag between completing medical education and entering practice can be 10 to 15 years. Specialties that are booming now may not be as popular or in-demand in the future.

What is the significance of the intersection point in a doctor's career graph?

The intersection point is where a doctor's career graph intersects with the market graph. It signifies a point in a doctor's career where they can potentially earn very high salaries, assuming they are in a specialty that the market favors at that time.

What factors determine the market graph for medical specialties?

The market graph for medical specialties is determined by factors such as demographics, healthcare industry preferences, and the prevalence of certain diseases or health conditions in the population.

Which specialties are currently booming according to the presentation?

The specialties currently booming include surgical specialties like gastrosurgery and neurosurgery, orthopedics, cardiology, nephrology, pediatrics, women and child health sector, ophthalmology, and general medicine with private setups.

What demographic changes are predicted to impact the demand for certain medical specialties in the future?

The predicted increase in the geriatric population and a rise in young, productive individuals earning good salaries are expected to impact the demand for certain specialties, such as geriatric medicine, oncology, and cardiology.

Why is geriatric medicine expected to be a high-demand specialty by 2034?

Geriatric medicine is expected to be in high demand due to the predicted significant increase in the geriatric population, which will require specialized care for age-related health issues.

What is the potential earning for doctors who manage to intersect their career graph with the market graph at the right time?

Doctors who successfully intersect their career graph with the market graph at the right time could potentially earn very high salaries, in the range of 15 to 20 lakhs per month.

What advice does Dr. D Masu give for doctors who want to position themselves for future success?

Dr. D Masu advises doctors to understand market trends and demographic changes to choose a specialty that will be in demand in the future, rather than following current trends.

What are some of the factors that will influence the demand for different medical specialties in the next 10 to 20 years?

Factors such as changes in population demographics, the rise in certain age groups, the increase in lifestyle-related diseases, and advancements in medical technology will influence the demand for different medical specialties.