Bringing liveliness to the “Health Tech” sector. High demand for work-ready personnel, with a bias toward the most popular talent.
Continuously from 2018, we noticed the employees in this sector being offered or applied for early retirement program. In addition, due to concerns about the time cost of developing new drugs, there was a prominent trend of companies aiming, as a business strategy, to expand their business through M&As. Specifically, companies that produce products in the cancer and rare disease sectors, which are expected to come into demand in the Japanese market, are attracting more attention. In the medical device industry, the term “Health Tech” is now heard on a daily basis, and the field of “medical care x IT” is showing dynamism.
Although recruitment demand from companies is flat, there is now an even stronger tendency than before to demand personnel who can make an immediate impact. Conversely, we can also see a number of companies that are struggling to recruit due to an ongoing situation in which single candidates receive job offers from multiple companies. In addition, the number of companies that are introducing RPO (Recruitment Process Outsourcing) in order to strengthen their in-house recruitment capabilities has also increased. For the job hunters, meanwhile, there is an increasing public awareness of job-change activities themselves, and while the number of people who want career advice has increased, it appears that few are thinking clearly about the future of their careers.
Demand in the quality assurance and safety sectors increases ahead of the Tokyo Olympics. IT and digital sectors face personnel supply difficulties.
2020 is expected to see no changes to the broad trends in the medical equipment and pharmaceutical industries. However, with the Tokyo Olympics coming up, there is predicted to be an increased focus on the quality and safety of the products circulating within Japan. As such, demand in the quality assurance / quality control departments and safety departments of the relevant companies may increase. Other recruitment needs include the growing demand for those with experience in the IT and digital sectors across the life sciences industry. Specifically, due to the small working population of people in the fields of strategic planning using IT systems and R&D using AI, the balance between supply and demand will be further disrupted. Consequently, in a few years time, we can expect a gap to appear between those companies that are able to recruit experts in these fields and those that are not. Similarly, as polarization is also underway among job seekers, a gap will develop between those who manage to change jobs as they wish and those who do not. In particular, we can expect those job seekers who have consistency in their career so far, and who possess the experience to adapt to future fields of high demand, to continue receiving job offers from multiple companies.
Senior Team Manager
Shin Arita
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Reflections on recruiting global talent for 2019 and prospects for 2020_en world Japan_20191205
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