The global pharmaceutical industry experienced a 6% drop in new job postings related to precision and personalized medicine in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 23% decrease versus Q2 2023. GlobalData’s Pharma: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the pharmaceuticals industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 29% share of the global pharmaceutical industry’s precision and personalized medicine-related total new job postings in Q2 2024, up 2% over the prior quarter.
Management Occupations drive precision and personalized medicine-related hiring activity
Management Occupations, with a share of 29%, emerged as the top precision and personalized medicine-related job roles within the pharmaceutical industry in Q2 2024, with new job postings rising by 2% quarter-on-quarter. Life, Physical, and Social Science Occupations came in second with a share of 19% in Q2 2024, with new job postings dropping by 19% over the previous quarter.
The other prominent precision and personalized medicine roles include Architecture and Engineering Occupations with a 7% share in Q2 2024, Healthcare Practitioners and Technical Occupations with a 6% share of new job postings.
Top five companies in pharmaceutical industry accounted for 43% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Precision For Medicine, Amplity Health, Caris Life Sciences, Sarepta Therapeutics, and AstraZeneca. Together they accounted for a combined share of 43% of all precision and personalized medicine-related new jobs in the pharmaceutical industry.
Precision For Medicine posted 378 precision and personalized medicine-related new jobs in Q2 2024, Amplity Health 138 jobs, Caris Life Sciences 126 jobs, Sarepta Therapeutics 100 jobs, and AstraZeneca 73 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 73.41% share of total new job postings, Q2 2024
The largest share of precision and personalized medicine-related new job postings in the pharmaceutical industry in Q2 2024 was in the US with 73.41% followed by the UK (3.91%) and Germany (2.59%). The share represented by the US was three percentage points higher than the 70.47% share it accounted for in Q1 2024.
For further understanding of GlobalData's Pharma: Hiring Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
