The global medical industry experienced a 3% drop in new job postings related to cloud in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 25% 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, Computer and Mathematical Occupations jobs accounted for a 46% share of the global medical industry’s cloud-related total new job postings in Q4 2023, up 14% over the prior quarter.
Computer and Mathematical Occupations drive cloud-related hiring activity
Computer and Mathematical Occupations, with a share of 46%, emerged as the top cloud-related job roles within the medical industry in Q4 2023, with new job postings rising by 14% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 15% in Q4 2023, with new job postings dropping by 0.69% over the previous quarter.
The other prominent cloud roles include Management Occupations with an 11% share in Q4 2023, Business and Financial Operations Occupations with a 3% share of new job postings.
Top five companies in medical industry accounted for 41% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Intelerad Medical Systems, ResMed, Medtronic, Koninklijke Philips, and Baxter International. Together they accounted for a combined share of 41% of all cloud-related new jobs in the medical industry.
Intelerad Medical Systems posted 941 cloud-related new jobs in Q4 2023, ResMed 244 jobs, Medtronic 166 jobs, Koninklijke Philips 115 jobs, and Baxter International 111 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 49.83% share of total new job postings, Q4 2023
The largest share of cloud-related new job postings in the medical industry in Q4 2023 was in the US with 49.83% followed by Australia (12.32%) and India (12.13%). The share represented by the US was five percentage points lower than the 54.63% 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’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.
