The global medical industry experienced a 60% rise in new job postings related to internet of things in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 17% increase versus Q1 2023. GlobalData’s Medical Devices: Hiring Trends & Signals Q1 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, Computer and Mathematical Occupations jobs accounted for a 17% share of the global medical industry’s internet of things-related total new job postings in Q1 2024, up 40% over the prior quarter.
Computer and Mathematical Occupations drive internet of things-related hiring activity
Computer and Mathematical Occupations, with a share of 17%, emerged as the top internet of things-related job roles within the medical industry in Q1 2024, with new job postings rising by 40% quarter-on-quarter. Healthcare Support Occupations came in second with a share of 12% in Q1 2024, with new job postings rising by 123% over the previous quarter.
The other prominent internet of things roles include Architecture and Engineering Occupations with a 10% share in Q1 2024, Management Occupations with a 10% share of new job postings.
Top five companies in medical industry accounted for 64% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2024 were ResMed, ConnectedHealth, Fresenius SE & Co, Abbott Laboratories, and Baxter International. Together they accounted for a combined share of 64% of all internet of things-related new jobs in the medical industry.
ResMed posted 561 internet of things-related new jobs in Q1 2024, ConnectedHealth 283 jobs, Fresenius SE & Co 279 jobs, Abbott Laboratories 201 jobs, and Baxter International 69 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 41.88% share of total new job postings, Q1 2024
The largest share of internet of things-related new job postings in the medical industry in Q1 2024 was in the US with 41.88% followed by Germany (20.94%) and India (9.53%). The share represented by the US was one percentage point higher than the 40.75% share it accounted for in Q4 2023.
For further understanding of GlobalData's Medical Devices: Hiring Trends & Signals Q1 2024, 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.
