The global medical industry experienced an 8% rise in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by TotalMed Systems with 34,559 job postings according to GlobalData’s analysis of medical company job postings. 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, Healthcare Practitioners and Technical Occupations jobs accounted for a 24% share of the global medical industry’s new job postings in Q2 2024, up 74% over the prior quarter.
Healthcare Practitioners and Technical Occupations drive medical industry hiring activity
Healthcare Practitioners and Technical Occupations, with a share of 24%, was the occupation with the greatest hiring activity in the global medical industry in Q2 2024, ahead of Management Occupations with a 10% share of job postings.
The other prominent roles include Computer and Mathematical Occupations with a 5% share in Q2 2024, Healthcare Support Occupations with a 43% share and Office and Administrative Support Occupations with a 5% share of new job postings.
Top five companies in medical industry accounted for 40% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 40% share of the overall hiring activity in the global medical industry in Q2 2024.
TotalMed Systems posted 34,559 jobs in Q2 2024 and registered a growth of 48% over the previous quarter, followed by Fresenius SE & Co with 7,600 jobs and a 78% growth. Heinen + Lowenstein with 6,567 jobs and Thermo Fisher Scientific with 5,338 jobs, recorded a 26% growth and a 10% rise, respectively, while Laboratory Corp of America Holdings recorded a 3% drop with 5,199 job postings during Q2 2024.
Hiring activity was driven by North America with a 65% share of total new job postings, Q2 2024
North America held the leading share of the new job postings in the global medical industry with a 65% share, a 2% higher over Q1 2024. Europe stood next with 22%, registering a 9% growth over the previous quarter.
Asia-Pacific with an 11% share marked a 10% drop over Q1 2024. The South & Central America and Middle East & Africa accounted for shares of 17% and 13% respectively.
For further understanding of GlobalData's Medical Devices: Hiring Trends & Signals Q2 2024, buy the report here.
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