I can confirm the 17% down- that number was directly from APMA around Jan 15th, and it was 17% total applicants down from that time last year.
Recently, an APMA representative, off the record, bluntly stated to me that it was a "applicant crisis". Not good. However, it does not mean the field is dying- it just means we are not attracting applicants the way we should. I chalk this up to two main factors:
I think there are a myriad of factors but I think a combination of two are the main drivers of the dip in applications:
1) APMA has not, historically, invested a ton of resources into marketing, branding, outreach, etc. I don't say this as a slight to them- we have just fought so hard for scope of practice and reimbursement rights over the years that this has been on the back burner for some time.
The APMA recognizes this and are actively seeking means to reach more undergrads and drive applications up, kudos to them. I think this year will be an anomaly rather than the start of a downward trend. However... generally speaking, if there is less competition for spots, the less freedom schools have to only select the highest scoring applicants. They are a business too, after all. Those seats have to get filled so everyone can sit at the table and eat. If you have taken the MCAT and have all pre reqs- I strongly recommend applying this cycle.
2) Point #1 combined with the emerging Popularity/Demand/Respect of other health related fields. PA, OT, PT, and all the advanced nursing fields (CRNA, APRN, DNP, Midwife). They make a comparable salary to us, and in terms of intermediate range Return On Investment, they are the more fiscally sensible choice (long term though, DPM is still more lucrative, fiscally speaking.) The main difference is the earning ceiling- Pods have an almost unlimited earning capacity considering the possibility to partner in groups or start their own (see the illustrious career of
@diabeticfootdr ). Any of the other above mention fields would not have those same opportunities (except OT or PT which could conceivably start their own rehab clinics).
All of that combined with the fact we have a branding problem. From an APMA rep recently.... "I've dedicated my whole life to educating the public about Podiatry, and they still don't know what it is". At the end of the day, we still get to do surgery, bill as physicians, practice independently. But it's simply a branding issue that is being worked on. Again, I'd bet this year is an anomaly more than the start of a trend. Podiatry is NOT dead and dying. Quite the opposite. There's literally never been a better time to enter this profession.