While 2023 has seen significantly lower levels of recruitment for clinical-specific functions, the forecast for 2024 is bullish, with the immediate projection being for two times more clinical vacancies in 2024 than in 2023.
Whisper it quietly, but some of those benefits of leaving the EU are actually starting to materialize. For those in Life Sciences, new regulations taking effect have meant that the MHRA can now fast-track applications, where as a result, approvals can happen in certain instances, within 14 days.
When analyzing trends in Med Tech, we see 2023 is set to witness a substantial 27.9% increase in vacancies compared to 2019, indicating steady and robust growth. Similarly, 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, according to the latest Life Sciences Labour Market Trends report by CPL and market data analysts Vacancysoft.
Fixed-Term Contract Scientific vacancies remain relatively stable, maintaining a 5.3% share of all scientific vacancies. Equally, this represents the highest share observed since 2021, suggesting a continued demand for temporary scientific roles, despite a sharp fall in perm vacancies, according to the latest Life Sciences Labour Market Trends report with CPL and Vacancysoft.
As the markets have normalised post-pandemic, so the job flow has slowed for scientists. In contrast, engineering vacancies are on the rise, with an estimated 1577 openings in 2023, marking a 6.5% increase from 2022 according to Life Sciences specialist recruiters CPL, and labour market data analysts Vacancysoft.
