Thursday, July 18, 2024
From the WireTechnology

Report highlights medtech ‘broken rung’ on gender distribution

In its Gender Distribution Report, medtech talent management agency elemed brings attention to the issue of gender distribution within the medical device industry. The report reveals that while there are more females than males in the workforce, there is still a significant disparity in leadership roles, with more men holding these positions. The report also highlights the phenomenon called ‘the broken rung,’ which refers to women missing out on promotions to managerial roles. However, despite these challenges, the report also showcases promising trends and reveals that females are better represented than expected in certain areas of the industry. This article provides valuable insights into the current state of gender representation in the medtech field and raises important questions about achieving greater parity and inclusivity.

Females more likely to receive promotion to first-time managerial roles

According to McKinsey’s Women in the Workplace 2023 report, females in the medtech industry are more likely to be promoted to first-time managerial roles compared to men. The report found that in Europe, 96 females are promoted for every 100 men, while in North America, 91 females are promoted for every 100 men. This trend indicates that females in the industry are being recognized for their skills and qualifications, and organizations are prioritizing gender diversity in their management positions.

The phenomenon of the broken rung

The McKinsey report also highlighted the concept of the “broken rung” in the medtech industry. This refers to the observation that females often miss out on promotions to their first managerial role, causing a disparity in the number of women in leadership positions compared to men. While this issue is less prevalent in the specific segments analyzed, there is still a notable trend of more men being employed in senior leadership positions relative to the total workforce. This raises the question of whether there is a different “broken rung” at higher levels of the career ladder.

Promising trends in gender distribution

Contrary to anecdotal beliefs, the Gender Distribution Report from elemed reveals that females are actually better represented in the medtech industry than expected. In regulatory affairs, 66.1% of the workforce is female, compared to 33.9% male. In quality assurance, there is a 50-50 split between male and female employees. And in clinical roles, 57% of the workforce is female, while 43% is male. These numbers demonstrate significant progress towards achieving gender equality and diversity within the industry, particularly in certain functional areas.

Similarities with AdvaMed’s Inclusion and Diversity presentation

AdvaMed’s Inclusion and Diversity presentation at the MedTech Conference 2023 aligns with the findings of elemed’s Gender Distribution Report. According to AdvaMed’s data, there are more females working in regulatory and clinical functions, despite males representing the majority (56%) of the overall medtech workforce in the US. This congruence of findings suggests that gender distribution patterns in the industry are not isolated but rather consistent across different sources and regions.

AdvaMed’s presentation also emphasizes the importance of disrupting the talent acquisition cycle to promote diversity in hiring practices. By actively seeking out and recruiting diverse talent, businesses can create a more inclusive workforce that reflects the broader population and harnesses the benefits of diverse perspectives and experiences.

elemed’s Gender Distribution Report

elemed’s Gender Distribution Report offers a comprehensive analysis of gender distribution within the medtech industry’s regulatory, quality, and clinical workforce. The report delves into the composition of the workforce, examining gender distribution across different functions, seniority levels, and geographic locations. By providing valuable insights into the current state of gender representation, the report aims to inform and drive conversations around gender equality and diversity within the industry.

Analysis of gender distribution across functions, seniorities, and locations

The Gender Distribution Report by elemed provides a detailed analysis of gender distribution within the medtech industry. It examines how gender is represented across various functions such as regulatory affairs, quality assurance, and clinical roles. Additionally, the report explores how gender distribution varies at different seniority levels within organizations, shedding light on potential disparities in leadership positions. Furthermore, the analysis considers geographic locations to highlight any regional variations in gender representation in the industry.

More males employed in leadership roles relative to the total workforce

Despite an overall trend of females being better represented in the medtech industry than anticipated, the Gender Distribution Report reveals that there is still a higher proportion of males employed in leadership roles relative to the total workforce. This suggests that barriers and biases may still exist, preventing equal opportunities for women to advance into senior positions. It is crucial for organizations to recognize and address these disparities to ensure fair and equal representation at all levels of the industry hierarchy.

The question of a different broken rung

The concept of the broken rung suggests that there may be a different obstacle preventing women from reaching higher-level leadership positions within the medtech industry. While the report indicates a positive trend of more females receiving promotions to first-time managerial roles, further analysis is needed to understand why there is still a discrepancy in the number of men employed in senior leadership positions. This question invites further exploration and research to identify any unique barriers that may impede female career progression.

Females better represented than expected

elemed’s Gender Distribution Report challenges the common perception that males dominate the medtech industry. The data shows that females are actually better represented than anticipated, particularly in areas such as regulatory affairs and quality assurance. This highlights the progress that has been made in achieving gender equality and diversity within the industry. However, it is essential to continue striving for parity across all functions and levels to create a truly inclusive workforce.

The importance of gender equality and diversity in the medtech industry

Gender equality and diversity play crucial roles in driving innovation and fostering a dynamic and inclusive culture within the medtech industry. By promoting diverse perspectives and experiences, organizations can tap into a broader range of ideas and solutions, ultimately leading to better outcomes for patients and stakeholders. Gender equality is not only the right thing to do, but it also brings tangible benefits to employers, employees, the economy, and society as a whole. It is essential for the medtech industry to prioritize gender equality and diversity in its workforce to ensure a thriving and sustainable future.