Vacancysoft MedTech Industry Analytics Report

05

Skills in Demand

05

Skills in Demand: Top Professions Professional NON - Scientific Vacancies, Med Devices, UK, 2021-23*

Skills in Demand: Top Roles Scientific Vacancies, Med Devices, UK, 2021-23*

Laboratory

IT Professional

1,000

2,000

3,000

4,000

Quality Assurance

Sales

Reg Affairs

Engineer

Project Management

Marketer / PR

R&D

Procurement / Supply Chain

Quality Control

Accountant

Commercial Support & BD

HR Professional

100

200

300

500

1,000

1,500

2022

2022

2023* Est

2023* Est

2021

2021

Source: Vacancysoft Analytics

Source: Vacancysoft Analytics

Fig. 07

Fig. 08

As the Med Tech sector continues its rapid evolution, the demand for specific skills is undergoing significant changes. IT has been the driving force in the sector, with 46.6% of job vacancies in 2022, totaling 3924. However, a substantial 66.7% decrease is expected in 2023, marking the most significant negative change among top professions. Sales professionals held a 17.1% share of vacancies in 2022, peaking at 1441 jobs. In 2023, the demand for sales skills is expected to increase, with an estimated 23.3% share, signalling the industry’s focus on expanding market reach. Accountants are among the least affected, with values in 2023 largely consistent with 2022. Approximately 317 accountant positions are expected, highlighting the ongoing need for financial expertise in the sector. The engineering profession is poised to see the second most substantial decrease among the top professions, with a 30.2% decline in 2023, reflecting shifting priorities within the Med Tech industry.

Laboratory roles are expected to lead in 2023, holding a 14.5% share of vacancies. However, a -15.6% year-on-year change indicates some fluctuations in demand for these positions. Quality assurance roles, despite having the highest total, are projected to see a decrease in their share of vacancies, dropping to 8.1% with a -23.8% year-on- year change. Project management roles are set to experience a substantial increase of 136.2% in 2023, reflecting a growing emphasis on efficient project execution. Regulatory affairs roles are expected to see a 6.1% increase in demand, while R&D roles are projected to grow by 9.9%, showcasing the importance of research and compliance functions. Commercial support and business development roles could be the most affected, with a -30.7% decrease in 2023, emphasizing a shift in strategy or market dynamics.

Made with FlippingBook - Share PDF online