Market Research & Insights

Workforce gaps in Australian MedTech, Pharma, Biotech and digital health sectors

Health Industry Hub | October 19, 2020 |
[Total: 1    Average: 5/5]

Australia’s medical technology, biotechnology, pharmaceutical and digital health sector supports approximately 70,000 Australian jobs and contributed more than $5 billion in Gross Value Added (GVA) to the Australian economy in 2019. Its future is dependent on the skills of its workforce.

Earlier this year, MTPConnect set out to better understand the sector’s workforce needs and skills gaps by funding some sector research.

Working with the support of a cross-industry project team of AusBiotech, ANDHealth, Medical Technology Association of Australia (MTAA) and Medicines Australia, an online survey of human resource (HR) professionals and managers with hiring responsibilities in the sector was developed to find out more. 

The results of the survey are in and BehaviourWorks Australia, a research enterprise within the Monash Sustainable Development Institute has prepared the following report, ‘A Survey of Workforce Skills and Capacity in the Medical Technology, Biotechnology, Pharmaceutical and Digital Health (MTP) Sector’.

This report identifies current, emerging and future skills gaps that need to be addressed in order to drive employment and growth in the Australian MTP sector, including:

  • Business skills and commercial expertise
  • Regulation and quality
  • Clinical (including trials)
  • Biological sciences and technologies
  • Informatics, computation, mathematical and statistics and;
  • Chemical science

Feedback concerning the lack of real-world experience in industry shows there is more work to be done to support career development opportunities in our sector.

These survey results have now been incorporated into a comprehensive Skills Gap Analysis being undertaken by L.E.K for MTPConnect’s REDI program.

REDI is a four-year $32 million MRFF funded program which aims to build the MTP workforce, address skills gaps and enhance entrepreneurship in Australia. An interim Skills Gap Analysis report will be released next month.


About the author

About the author

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam luctus finibus scelerisque. Nunc bibendum ipsum sed augue fringilla fringilla. Nullam at consectetur leo. Praesent viverra rutrum porta. Quisque vitae mi vel purus vulputate tincidunt. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Suspendisse et mi quis nisi rhoncus feugiat at ac tellus. Sed aliquam sodales nulla ac auctor. Sed pretium lobortis purus accumsan ullamcorper. Phasellus sodales vel odio in lobortis. Duis maximus sagittis bibendum. Interdum et malesuada fames ac ante ipsum primis in faucibus. Nunc dictum tincidunt ipsum in vestibulum. Donec ut sem consectetur, aliquam quam vitae, pharetra orci. Nam egestas non velit eu rhoncus. Duis congue neque non lacus tincidunt porta. Vestibulum ultricies pulvinar sem, molestie congue dui aliquet non.
  • Ut imperdiet leo id lorem fermentum consectetur.
  • Ut vitae orci et dui varius tincidunt.
  • Ut id magna non libero vestibulum pharetra ac faucibus nulla.
Aliquam erat volutpat. Vestibulum vitae varius diam. Nulla eget congue ante. Nunc ullamcorper sagittis augue vel dictum. Mauris finibus nibh ut pulvinar auctor. Vestibulum ut faucibus nisi. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Quisque porta tortor ac justo malesuada elementum. Nulla tellus ante, cursus nec ex sit amet, suscipit bibendum arcu. Duis posuere orci dui, et mollis enim dictum at. Sed ullamcorper, sapien ut vulputate viverra, sem purus porttitor tellus, nec mattis mauris ligula sed risus. Nulla sagittis id ipsum eu mattis. Link to full profile

News & Trends - Medical Technology

MedTech News - Medtronic recognised in the 2020 AFR BOSS most innovative health companies list

Medtronic recognised in the 2020 AFR BOSS most innovative health companies list

Health Industry Hub | October 23, 2020 |

MedTech News: Medtronic Australasia was proud to be recognised as one of Australia and New Zealand’s most innovative companies –ranking […]

More


News & Trends - Biotechnology

Biotech News - Ground-breaking COVID-19 test to not only identify virus but whether patient is infectious

Ground-breaking COVID-19 test to not only identify virus but whether patient is infectious

Health Industry Hub | October 23, 2020 |

Please log in to Health Industry Hub to view this content.
More


News & Trends - Pharmaceuticals

Pharma News - GSK confirms manufacturing site closure at end of 2022

GSK confirms manufacturing site closure at end of 2022

Health Industry Hub | October 22, 2020 |

Pharma News: In July 2020, GSK Australia announced to employees and stakeholders that the Boronia site in VIC would exit […]

More


Leadership & Management

Leadership Management Qualities - Creating the ‘light bulb moment’ on unconscious bias

Creating the ‘light bulb moment’ on unconscious bias

Health Industry Hub | October 21, 2020 |

Please log in to Health Industry Hub to view this content.
More