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August 12, 2022

IT hiring in global medical industry drops 4.8% in July 2022

By Carmen

The global medical industry noticed a 4.8% drop in IT hiring activity in July 2022 over the previous month, led by Medtronic’s 8.83% share, according to GlobalData’s Jobs Analytics database.

The medical industry’s overall hiring activity declined 5.33% when compared with June 2022.

Noticeably, IT jobs accounted for an 8.71% share of the global medical industry’s hiring activity in July 2022, down 0.02% over the last three-month average share.

According to GlobalData, IT job opportunities available at the end of July 2022 were 10.21% lower when compared with the previous month.

The decrease was a result of 22.21% higher job postings as compared to job closures during the month.

Software and Web Developers, Programmers, and Testers drive medical IT hiring activity

Software and Web Developers, Programmers, and Testers with a share of 51.5% emerged as the top IT occupation in the medical hiring activity in July 2022, a 10.96% decline over the previous month. Computer Support Specialists came in second with a share of 15.23% in July 2022, down 8.78% over the previous month.

The other prominent IT roles include Database and Network Administrators and Architects with a 12.84% share in July 2022, a decline of 16.22% over the previous month, and Computer and Information Analysts with a 9.4% share in July 2022 and a flat growth over June 2022.

Top five medical companies by recruitment activity in July 2022

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average growth of 0.78% share in the overall IT recruitment activity of global medical industry during July 2022 over June 2022.

Medtronic posted 277 IT jobs in July 2022 and registered a flat growth over the previous month, followed by Thermo Fisher Scientific with 251 jobs and a 43.72% decline. Intelerad Medical Systems with 194 IT jobs and Sonova with 157 jobs, recorded a 5.37% decline and a 33.19% drop, respectively, while Demant recorded a 10.64% rise with 156 job postings during July 2022.

Regional composition of IT hiring in medical industry

North America emerged as the leading region in the global medical IT hiring activity in July 2022 with a 53.51% share, which marked a 16.8% drop over the previous month.

Europe stood next with 27.47%, registering a 16.8% month-on-month growth. Asia-Pacific was the third leading region with a 16.83% share and a 24.46% drop over June 2022.

In the fourth place was South & Central America with a share of 1.56% and a month-on-month rise of 22.5%. Middle East & Africa stood at the bottom of the table with a share of 0.64%, registering a 16.67% decrease over the previous month.

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