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The Chinese medical industry experienced a 27% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Thermo Fisher Scientific with 236 job postings according to GlobalData’s analysis of medical company job postings. 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, Management Occupations jobs accounted for a 21% share of the Chinese medical industry new job postings in Q4 2023, down by 21% over the prior quarter.

Management Occupations drive medical industry hiring activity

Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 21% of the total new job postings in Q4 2023 and were down by 10% year-on-year. Second highest were Sales and Related Occupations, which accounted for 10% and drop by 44% year-on-year, and third highest were Architecture and Engineering Occupations, which were 15% of the new job postings and 21% lower year-on-year.

Top five companies in medical industry accounted for 53% of hiring activity

The highest number of jobs were posted by Thermo Fisher Scientific with 236, followed by Abbott Laboratories with 190, while the highest increase was at Koninklijke Philips at 39%.

For further understanding of GlobalData's Medical Devices: Hiring Trends & Signals Q4 2023, 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.