Berke Executive Search Offers Healthcare Recruiting Services in the Medical Devices Sector
Along with our focus on providing healthcare recruiting services in the Pharmaceutical and Life Sciences industries, Berke Executive Search has also served clients in the Medical Device sector for over 30 years. The U.S. has built a very vibrant business area containing a number of large Medical Device companies and a host of medium size, small, and emerging Device businesses. Berke strives to serve all equally, searching out the differentiated executive talent required by Device companies.
The largest medical device market in the world is found in the United States, contributing 38% of the global medical device market in 2012. On average, the medical device industry makes approximately $110 billion, a number that is expected to reach $133 billion by 2016. Additionally, in 2012 America’s exports of medical devices as identified by the Department of Commerce (DOC) surpassed $44 billion (a 7% increase from the prior year).
Currently, there are over 6,500 small and medium sized enterprises (SMEs) that focus primarily on working with medical devices. Among these companies, more than 80% of them have less than 50 employees and have little sales revenue. Although there are medical device companies scattered throughout the states, the majority of these businesses are focused in high-technology areas such as New York, California, and Florida to name a few.
The American Medical Device Industry
Medical Device research investments doubled in the 1990s. Since then, all U.S. manufacturers have seen investments that are more than twice the average. These US Medical Device companies are praised internationally for their continuing advancements and innovations in technology.
The Medical Device industry depends on other industries to function, such as microelectronics, telecommunication, instrumentation, biotechnology, and software development industries. In these specific sectors, the United States has a competitive edge in the marketplace. Due to the fact that the Medical Device industry continues to change and develop, this sector is likely to see continuous growth.
A number of subsectors, focusing on equipment and instruments, exist within the Medical Device industry:
1. Electro-Medical Equipment – Pacemakers, patient-monitoring systems, MRI machines, diagnostic imaging equipment, ultrasonic scanning devices.
2. Irradiation Apparatuses – X-rays, computed tomography equipment, diagnostic imaging.
3. Surgical/Medical Instruments – Optical diagnostic apparatuses, syringes, hypodermic needles, anesthesia apparatuses, orthopedic instruments, blood transfusion devices, catheters.
4. Surgical Appliances/Supplies – Hydrotherapy appliances, rubber medical/surgical gloves, surgical kits, wheelchairs, artificial joints/limbs, stents, disposable surgical drapes, surgical dressings, orthopedic appliances.
The medical device industry is both rapidly growing and widely dominated by U.S. companies due to continued creation of innovative new technologies. To find out more about how our team at Berke Executive Search can offer healthcare recruiting services to your business – whether your company belongs to the Medical Device sector or another healthcare industry, visit our website at http://www.berkesearch.com/.