Vacancysoft_CPL UK_Corporate Services

04

Skills in Demand (UK)

04

Skills in Demand by Profession, Professional Vacancies, Life Sciences, UK, 2022-24 *Est

Regional Breakdown Professional Vacancies, Life Sciences, UK, 2022-24 *Est

Sales

South

Marketer / PR

Greater London

Procurement / Supply Chain

North

Accountant

Scotland

HR Professional

Midlands

Executive Management

Northern Ireland

Lawyer

Wales

500

1,000

1,500

2,000

1,000

2,000

3,000

2023

2023

2024*

2024*

2022

2022

Source: Vacancysoft Analytics

Source: Vacancysoft Analytics

2024*- Estimation

2024*- Estimation

Fig. 03

Fig. 04

Clinical R&D Medical Aairs & Medical Information Health Economics Outcomes Epidemiology

The Life Sciences sector in the UK experienced a decline in vacancies during the COVID-19 pandemic but has largely recovered by 2024. Between 2022 and 2023, vacancies for all top seven professional functions continued to trend downward from the previous year. However, in 2024, only the Executive Management profession saw a decline in vacancies, dropping by 44.8% year-to-date after a previous decrease of 51.8%. Among the professions with increased vacancies in 2024, the Sales profession stands out, maintaining the highest number of vacancies at 1,411, a 19.2% increase year-to-date after a 25.9% decline the previous year. Sales professions have shown the fastest growth in both vacancies and market share, with increases from 29.0% to 31.6%. Regional data for the UK reflects a similar trend. Most regions saw declines in 2022 and 2023 before rebounding in 2024. Greater London, which experienced a 26.0% decline in vacancies in 2023, Regulatory Aairs Quality Assurance Management Others

reversed this trend with a 17.6% increase year- to-date in 2024, maintaining its position as the region with the highest vacancies. Notably, South West England and Yorkshire & the Humber regions had significant declines in 2023 (34.6% and 50.4% respectively) but have since increased by 52.1% (Yorkshire) and 53.3% year-to-date. Several regions require close monitoring in 2024, including North East England, which has seen an 11.6% decline, Wales with a 21.9% decrease, and particularly East Midlands, which has experienced the largest decline so far at 30.0%. While some areas and professions within the Life Sciences sector continue to face challenges, other areas and roles are showing signs of recovery and growth opportunities. The question now is, with the upcoming UK elections and the results of the EU election already calculated, what will the impact be?

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