The global medical industry experienced a 25% drop in new job postings related to social media in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 34% decrease versus Q4 2022. GlobalData’s Medical Devices: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the medical devices industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 24% share of the global medical industry’s social media-related total new job postings in Q4 2023, down 9% over the prior quarter.
Management Occupations drive social media-related hiring activity
Management Occupations, with a share of 24%, emerged as the top social media-related job roles within the medical industry in Q4 2023, with new job postings drop by 9% quarter-on-quarter. Business and Financial Operations Occupations came in second with a share of 14% in Q4 2023, with new job postings dropping by 15% over the previous quarter.
The other prominent social media roles include Office and Administrative Support Occupations with a 9% share in Q4 2023, Sales and Related Occupations with a 8% share of new job postings.
Top five companies in medical industry accounted for 40% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were ConvaTec Group, athenahealth, Elekta, Abbott Laboratories, and SmileDirectClub. Together they accounted for a combined share of 40% of all social media-related new jobs in the medical industry.
ConvaTec Group posted 331 social media-related new jobs in Q4 2023, athenahealth 138 jobs, Elekta 107 jobs, Abbott Laboratories 74 jobs, and SmileDirectClub 68 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 49.09% share of total new job postings, Q4 2023
The largest share of social media-related new job postings in the medical industry in Q4 2023 was in the US with 49.09% followed by the UK (7.76%) and India (7.10%). The share represented by the US was two percentage points higher than the 47.14% share it accounted for in Q3 2023.
For further understanding of GlobalData's Medical Devices: Hiring Trends & Signals Q4 2023, buy the report here.
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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.
