Environmental Scan 2017 | Page 30

Environmental Scan 2017: Human Capital Issues within the Medical Devices Sector Technical occupations Engineers and Scientists   The impact of emerging/future trends on talent/skill requirements 3. Internationalisation    Current ratio of employees in the industry Changes in ratio of employees due to automation, technological convergence and internationalisation environment or talents with skills that span across different disciplines The demand for biological scientists and/or chemists in the industry will increase as bio- convergence progresses Technological convergence will increase the emphasis on more fundamental technological and scientific innovation, which will led to an increase demand for PhDs to drive R&D Increasing importance of the knowledge in local and international regulatory affairs / standards Rising demand for strong communication skills (especially in English) There is a need for knowledge in IP protection 2016 Engineers & Scientists, 4% Technicians  Increasing importance of the knowledge in local and international regulatory affairs / standards 2016 Technicians, 16% Others, 96% Others, 84% Increase Increase Machine Operators and Assemblers  Migration of some low value-added work to countries with lower labour cost 2016 Machine Operators & Assemblers, 57% Others, 43% Decrease 30