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Overview When analysing trends in Med Tech, we see there has been a slight dip in vacancies, of 5.9%. Equally, one significant trend to highlight is the increasing share of scientific jobs within the Med Tech sector. In 2023, scientific jobs are projected to represent a 21.2% share of all vacancies, marking a notable improvement compared to the 14.2% share recorded in 2022. This shift reflects the growing importance of scientific expertise in the industry. Similarly, looking at the long-term perspective, 2023 is set to witness a substantial 27.9% increase in vacancies compared to 2019, indicating steady and robust growth in scientific positions over the years. Analyzing quarterly data, it’s interesting to note that Q1 2023 has emerged as the strongest quarter year- to-date, with 397 scientific job vacancies in the Med Devices Sector. This figure is remarkably similar to the peak quarter of 2022, Q4, which recorded 405 scientific job openings. On the flip side, Q3 2023 has seen the lowest quarterly numbers since Q1 2022, suggesting some seasonal fluctuations in hiring patterns. Delving into monthly totals for 2023, all months in Q1 boasted over 100 job openings, with January leading the way at 136 vacancies. Notably, the most substantial month-on-month change occurred in August, with a remarkable 55.6% increase in scientific job postings, underscoring the industry’s dynamic nature. In conclusion, while there may be a slight dip in annual scientific job vacancies, the overall outlook remains positive, with steady growth and an increasing share of scientific positions within the Med Tech sector. As quantitative tightening stabilises and the corporate finance market picks up, we expect this to translate also into greater levels of vacancies next year. Regional Breakdown Skills in Demand Top Companies About Cpl Life Sciences | Vacancysoft
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Annual Totals
Scientific Vacancies, Med Devices, UK, 2021-23*
1,500
1,000
500
2021
2022
2023*
Source: Vacancysoft Analytics
Scientific Vacancies, Med Devices, UK, 2021-23 Jan-Sep Quarterly Totals
500
400
300
200
100
Source: Vacancysoft Analytics
2023* - Estimation
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