The Asia-Pacific medical industry experienced a 9% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Abbott Laboratories with 1,085 job postings, according to GlobalData’s analysis of medical company job postings. GlobalData’s Medical Devices: Hiring Trends & Signals Q3 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 Asia-Pacific medical industry’s total new job postings in Q3 2023, rise 1% over the prior quarter.
Management Occupations drive medical industry hiring activity
Management Occupations, with a share of 24% new job postings, was the occupation with the greatest hiring activity in the Asia-Pacific medical industry in Q3 2023 , ahead of Computer and Mathematical Occupations with a 16% share of new job postings.
The other prominent roles included Sales and Related Occupations with an 8% share in Q3 2023, Business and Financial Operations Occupations with a 7% share and Architecture and Engineering Occupations with a 6% share of new job postings.
Top five companies accounted for 50% of hiring activity
Abbott Laboratories posted 1,085 jobs in Q3 2023 and registered a decline of 3% over the previous quarter, followed by GE HealthCare Technologies with 854 jobs and a 15% growth. Thermo Fisher Scientific, with 833 jobs, and Koninklijke Philips, with 790 jobs, recorded a 50% rise and a 28% drop, respectively, while Medtronic recorded a 95% increase with a 587 new job postings during Q3 2023.
Regional analysis of hiring in the Asia-Pacific medical industry, Q3 2023
India held the leading share of the Asia-Pacific medical hiring activity with a 37.19% share, a 4% increase over Q2 2023. China was next with 23.37%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Medical Devices: Hiring Trends & Signals Q3 2023, buy the report here.
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