The European medical industry experienced a 37% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Thermo Fisher Scientific with 1,505 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.
Notably, Business and Financial Operations Occupations jobs accounted for a 16% share of the European medical industry’s total new job postings in Q3 2023, drop 43% over the prior quarter.
Business and Financial Operations Occupations drive medical industry hiring activity
Business and Financial Operations Occupations, with a share of 16% new job postings, was the occupation with the greatest hiring activity in the European medical industry in Q3 2023 , ahead of Management Occupations with a 16% share of new job postings.
The other prominent roles included Computer and Mathematical Occupations with a 10% share in Q3 2023, Office and Administrative Support Occupations with a 7% share and Architecture and Engineering Occupations with a 5% share of new job postings.
Top five companies accounted for 31% of hiring activity
Thermo Fisher Scientific posted 1,505 jobs in Q3 2023 and registered a growth of 96% over the previous quarter, followed by Carl Zeiss with 1,015 jobs and a 10% drop. Dentsply Sirona, with 949 jobs, and Danaher, with 644 jobs, recorded a 41% drop and a 30% drop, respectively, while Abbott Laboratories recorded a 21% decline with a 599 new job postings during Q3 2023.
Regional analysis of hiring in the European medical industry, Q3 2023
Germany held the leading share of the European medical hiring activity with a 33.93% share, a 56% decrease over Q2 2023. the UK was next with 16.54%, 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.