The world of medical technology includes products, services, and solutions devised to improve people’s lives. There are around 500,000 medical technologies in hospitals and homes with job opportunities for millions of people across the world. The average global R&D investment rate is estimated to be around 8% in the medical technology sector and employees around 730,000 directly. The European pharmaceutical industry alone employs around 765,000 people so there are plenty of opportunities and many roles to be filled.
Some of the top countries with the highest medtech employment include Germany, France, United Kingdom, and Italy. There are around 32,000 medical technology companies in Europe and around 95% SME, employing fewer than 50 people in each. Approximately 10% of Gross Domestic Product is spent on healthcare expenditure with the European medical technology market alone being around € 120 billion.
With DX and Pharma being such an intelligent and sophisticated market with a need for fast thinking, highly qualified staff it is essential to use highly experienced recruiters to find the very best new hires to drive your business forward.