What Minnesota’s Booming Medical Tech Industry Means for Job Seekers
November 21st, 2017 Written by: Molly Masterson
Minnesota is a critical hub for the medical device industry, home to groundbreaking companies and world famous hospitals where even His Holiness the Dalai Lama has sought treatment. Appropriately named, Medical Alley, these Minnesota-based companies and their many medical innovations have even led to a special exhibit at the Smithsonian institute.
But what does all this mean for medical technology job seekers?
As a full-service staffing agency, we have decades of experience working with some of the state’s leading medical device companies to fill positions from manufacturing assembly line to critical professional positions. Given our experience, we know Minnesota’s growing medical technology industry translates to a wealth of employment opportunity. In fact, in 2015, Minnesota ranked first in the nation for employment concentration in medical device manufacturing and second in total overall employment. So, if you’re looking to dive into the world of medical technology, Minnesota is the perfect diving board. And here’s why:
An Abundance of Jobs at Every Level
Minnesota has the highest concentration of medical technology workers in the United States and ranks No. 1 in talent retention when compared to the nation’s top 25 markets. Couple this with the fact that Minnesota has seen 14% growth in medical technology employment over the last five years, and you have a healthy market for job seekers. If you’re looking for a position in the medical technology industry, Minnesota is historically one of the best and largest markets out there.
This holds true for every type of job as well. From entry to senior level positions, there are thousands of job openings at one of the 750 health and life science companies in Minnesota’s Medical Alley, Just a quick job search can return thousands of job openings from biomedical engineering to medical device sales to medical assembly.
Opportunities for Professional Growth
Working in an innovative region like Medical Alley can provide plenty of growth opportunities as well. Surrounded by groundbreaking clinical studies, patents, and procedures the companies themselves are growing. And one thing a growing company needs is a growing number of employees.
In periods of growth, this means there are chances for you to move up in the company. With companies preferring to promote from within to save costs and invest in their top employees’ futures, your odds of elevating your skills and responsibilities are high. Plus, with other leading and innovative companies next door, job seekers can look to their neighbors to propel their careers forward.
Medical Alley is also home to many medical device associations and organizations that provide learning opportunities for medical technology professionals to aid in their professional development.
Competitive Benefits and Perks
Medical Alley is ranked the No. 1 medical technology cluster for innovation in the world. As the world’s best and most innovative medical technology companies, you can expect them to offer extensive benefits packages and perks to attract the best available talent. This helps companies compete with other job offers in the market and draw in qualified candidates.
Job seekers can definitely benefit from this competitive cycle. With a region hoping to keep its title by retaining and attracting the best talent, job seekers have the power in deciding where they put their future.
Feel Good Work
According to the U.S. Trademark and Patents Office, the State of Minnesota has more patents in light, thermal, and electrical surgery applications than any other place in the world. This fact speaks to the life-changing medical innovations Medical Alley has produced to date. Medical Alley has created cortisone, performed the world’s first open-heart surgery, and invented in-the-ear hearing aids to name just a few of their many innovations and inventions since the 1880s.
As a medical device company employee, you can feel confident that your work makes a difference in the lives of others. Without the devices your company designs and assembles, children may never hear their parents’ voice, overworked hearts may never find their pace, and many other countless medical hardships may never be cured. Being involved in the making or assembly of these devices will make you feel proud of the work you accomplish each day.
Find Your Ticket to Medical Alley
Having worked with the nation’s leading medical equipment companies as a full-service recruiting agency, we understand the opportunity our state holds for job seekers. If you’re ready to find your home in the medical technology field, find a job with us today.