The global medical industry experienced a 1% drop in new job postings related to social responsibility in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to an 11% increase versus Q2 2023. GlobalData’s Medical Devices: Hiring Trends & Signals Q2 2024 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 an 18% share of the global medical industry’s social responsibility-related total new job postings in Q2 2024, up 4% over the prior quarter.
Management Occupations drive social responsibility-related hiring activity
Management Occupations, with a share of 18%, emerged as the top social responsibility-related job roles within the medical industry in Q2 2024, with new job postings rising by 4% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 8% in Q2 2024, with new job postings rising by 3% over the previous quarter.
The other prominent social responsibility roles include Installation, Maintenance, and Repair Occupations with a 7% share in Q2 2024, Sales and Related Occupations with a 6% share of new job postings.
Top five companies in medical industry accounted for 30% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Koninklijke Philips, Fresenius SE & Co, Thermo Fisher Scientific, GE HealthCare Technologies, and Olympus. Together they accounted for a combined share of 30% of all social responsibility-related new jobs in the medical industry.
Koninklijke Philips posted 2,501 social responsibility-related new jobs in Q2 2024, Fresenius SE & Co 1,082 jobs, Thermo Fisher Scientific 954 jobs, GE HealthCare Technologies 782 jobs, and Olympus 695 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 62.03% share of total new job postings, Q2 2024
The largest share of social responsibility-related new job postings in the medical industry in Q2 2024 was in the US with 62.03% followed by Germany (6.90%) and India (4.74%). The share represented by the US was three percentage points lower than the 64.62% share it accounted for in Q1 2024.
For further understanding of GlobalData's Medical Devices: Hiring Trends & Signals Q2 2024, 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.
