The global medical devices industry experienced a 10% rise in new job postings related to internet of things in Q3 2022 compared with the previous quarter, according to GlobalData’s whitepaper on Internet of Things in Medical Devices – Hiring Activity in Q3 2022. This compares to a 42% increase versus Q3 2021.

Notably, Software and Web Developers, Programmers, and Testers jobs accounted for an 18% share of the global medical devices industry’s internet of things-related total new job postings in Q3 2022, down 9% over the prior quarter.

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Data Insights Medical Devices: Hiring Trends & Signals Q2 2024

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Software and Web Developers, Programmers, and Testers drive internet of things-related hiring activity

Software and Web Developers, Programmers, and Testers, with a share of 18%, emerged as the top internet of things-related job roles within the medical devices industry in Q3 2022, with new job postings drop by 9% quarter-on-quarter. Miscellaneous Engineers came in second with a share of 3% in Q3 2022, with new job postings drop by 50% over the previous quarter.

The other prominent internet of things roles include Electrical and Electronics Engineers with a 3% share in Q3 2022, Designers with a 3% share of new job postings.

Top five companies in medical devices industry accounted for 10% of hiring activity

The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2022 were Cue Health, Hinge Health, Baxter International and Medtronic. Together they accounted for a combined share of 10% of all internet of things-related active jobs in the medical devices industry.

Cue Health posted 151 jobs in Q3 2022 and registered a drop of 19% over the previous quarter, followed by Hinge Health with 134 jobs and a 0% growth. Baxter International with 101 jobs and Medtronic with 101 jobs, recorded a 0% flat growth and a 10% increase, respectively, while Carl Zeiss recorded a 16% decline with 81 job postings during Q3 2022.

Hiring activity was driven by the US with a 65% share of total active job postings, Q3 2022

The largest share of internet of things-related new job postings in the medical devices industry in Q3 2022 was in the US with 65% followed by India (11%) and Germany (3%). The share represented by the US was two percentage points higher than the 63% share it accounted for in Q2 2022.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.