Vacancysoft MedTech Industry Analytics Report

06

Top Companies

05

Top 20 Organizations Scientist 22 vs 23 *Est, Med Devices, UK

When analysing the Med Tech sector for leading companies, we see the following: Dexcom has been a prominent player in the Med Tech sector, with 107 vacancies in the first nine months of 2023. However, a -15.1% decrease is expected in the coming year, reflecting potential adjustments in their workforce strategy. ConvaTec stands out with a remarkable 230% year-on-year change, signalling significant growth in scientific job opportunities. This suggests a strong commitment to expanding their scientific workforce. Despite a strong showing in 2022 with 173 job openings, Thermo Fisher Scientific is projected to experience a -63.0% year-on-year change, with vacancies falling below 100. Steris Corp is expected to undergo a substantial 56.3% increase in scientific job opportunities in 2023. Leica is expected to experience a notable 115.4% year-on-year change in 2023, reflecting a significant surge in demand for scientific roles within the company. Stryker, according to the forecast, could see a remarkable 142.4% increase in scientific vacancies by the end of 2023. This suggests a strategic focus on scientific talent acquisition. Noteworthy is that 10 out of the top 20 companies are expected to increase their scientific job vacancies in 2023. This trend highlights the volatile nature of the sector at the moment, in that certain companies are surging, whilst others are cutting back. Looking ahead, what will be interesting is to see how companies change their recruitment as liquidity improves as corporate finance starts again. The Med Tech sector is heavily reliant on investment, due to the intensive capital requirements. That being throttled has slowed down hiring, so as it starts again, it will be interesting to see the next grouping of companies as they surge.

YoY%

Organization

2022 2023*

-15.1%

Dexcom

143

168

230.7%

ConvaTec

83

25

31.2%

Avantor

81

62

-63.0%

Thermo Fisher Scientific

64

173

-6.5%

Nanopore

63

67

-12.6%

PerkinElmer

51

58

56.3%

Steris Corp

45

29

11.1%

40

Certara

36

7.7%

28

26

Sartorius

115.4%

28

13

Leica

56.9%

27

17

Owlstone Medical

142.4%

27

11

Stryker

-39.7%

25

42

Smith & Nephew

111.1%

25

12

GE Healthcare

-6.7%

19

20

Ortho Clinical Diagnostics

133.3%

19

8

Boston Scientific

-36.2%

15

23

Cooper Companies

-11.1%

13

15

Waters

-86.7%

4

30

BD

-87.3%

3

21

Pall

Source: Vacancysoft Analytics

Fig. 09

2023* - Estimation

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