The global medical industry experienced a 6% drop in new job postings related to corporate governance in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 2% decrease 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 a 23% share of the global medical industry’s corporate governance-related total new job postings in Q2 2024, down 12% over the prior quarter.
Management Occupations drive corporate governance-related hiring activity
Management Occupations, with a share of 23%, emerged as the top corporate governance-related job roles within the medical industry in Q2 2024, with new job postings drop by 12% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 8% in Q2 2024, with new job postings rising by 23% over the previous quarter.
The other prominent corporate governance roles include Computer and Mathematical Occupations with a 7% share in Q2 2024, Sales and Related Occupations with a 7% share of new job postings.
Top five companies in medical industry accounted for 27% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Boston Scientific, Quest Diagnostics, Stryker, Thermo Fisher Scientific, and Option Care Enterprises. Together they accounted for a combined share of 27% of all corporate governance-related new jobs in the medical industry.
Boston Scientific posted 352 corporate governance-related new jobs in Q2 2024, Quest Diagnostics 271 jobs, Stryker 267 jobs, Thermo Fisher Scientific 234 jobs, and Option Care Enterprises 174 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 66.76% share of total new job postings, Q2 2024
The largest share of corporate governance-related new job postings in the medical industry in Q2 2024 was in the US with 66.76% followed by India (4.90%) and Germany (3.43%). The share represented by the US was two percentage points higher than the 64.60% 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.
