MarketPulse: Industry Sees Brighter Future in 2010

December 1, 2009

1 Min Read
MarketPulse: Industry Sees Brighter Future in 2010

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Source: Emergo www.emergogroup.com.

A recent survey from Emergo asked medtech employees to assess the industry going into 2010. Results were generally optimistic. However, when asked about their companies’ hiring trend for 2010, the response was more cautious. Although 72% of medical device companies expect their company sales to increase in 2010, less than 52% expect their company to hire more employees. This would seem to indicate that, while optimistic, companies are reluctant to ramp up hiring until they are sure the economy will not sink into recession again. The lag in hiring is common in many industries. Results to this question varied by company size. Only 39% of companies with more than 1,000 employees expect their companies to have more employees one year from now compared to about 55% for smaller companies with fewer than 100 employees.

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