The global medical devices market is experiencing significant growth, driven by the rapidly aging population worldwide. According to United Nations projections, the number of people aged 65 years or older is expected to reach 1.5 billion by 2050, representing 16% of the global population. This demographic shift is particularly pronounced in regions like Europe and…
Read MoreAs we approach 2025, the healthcare industry continues to evolve at a rapid pace. Having worked with hundreds of suppliers and numerous transformations in the healthcare tech landscape over the past 25 years, I can confidently say that the future looks more innovative, patient-centered, and challenging than ever. The year ahead will not just bring…
Read MoreAs a senior Recruiting Executive, I understand the pivotal role that effective hiring plays in the success of any business, especially Medical Device companies. Hiring someone who isn’t a good fit is a costly mistake. According to a study in Q3 2024 by the Society for Human Resource Management (SHRM), the cost of a bad…
Read More94 of the largest cities in the United States were analyzed to find the best and worst places for job seekers in Q2-2024. From 2020 to 2024, we looked at each community’s growth in employment, growth in hourly wages, current unemployment rate, current labor force size and average monthly wage over monthly rent ratio to…
Read MoreOn April 23rd , the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation. “Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups…
Read More1. Recognizing Critical Healthcare Needs for Innovation in Medical Devices Every successful medical device startup commences with a deep understanding of unmet needs within the healthcare ecosystem. Engage with healthcare professionals, clinicians, and patients to identify pain points, inefficiencies, or gaps in existing solutions. This insight will guide your innovation towards addressing real challenges, laying…
Read MoreTexas ranks as the top state in the country for starting a new business according to a new survey published in Q1, 2024. The Lone Star State ranks # 1 primarily due to a strong influx of educated workers and no corporate income tax.Texas is one of the few states that does not collect any type…
Read MoreThe Healthcare landscape is undergoing a seismic shift, with artificial intelligence (AI) emerging as a powerful force for positive change. Its ability to learn, analyze, and adapt is transforming everything from diagnosis and treatment to administrative tasks and access to care. While challenges like data privacy, bias, and ethical considerations demand careful attention, the potential…
Read MorePay transparency is making significant strides in the recruitment domain, spurred by legislation initiatives like the European Parliament’s Pay Transparency Directive. This directive, as well as similar moves in the United States, mandates companies to disclose salary ranges in job ads or before interviews, aiming to bridge the gender pay gap. This movement towards openness…
Read MoreCelebrating a quarter-century of excellence, Med-Search Recruiting Network marks its 25th anniversary this year. Since its establishment in 1998, Med-Search has been a trailblazer in the medical and healthcare recruiting industry, specializing in sourcing top-tier talent for the medical device, biotechnology, pharmaceutical, dental, veterinary, and environmental services sectors. The journey began with a vision by…
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