The field of Health in Latin America It is full of challenges and opportunities for growth. That is why it is important to analyze the current panorama to know what needs to be improved and the changes necessary to consolidate one of the fundamental areas due to its impact on the entire population.
In this regard, the Healthcare & Life Sciences Latam Remuneration Study 2023-2024 published the results of his analysis. This is research that focuses on this particular industry and sheds light on the complexities and dynamics that characterize the health market in the region.
Health statistics in Latin America
What is observed is that Brazil and Mexico are the Latin countries that lead the supply of healthcare professionalsthanks to its extensive networks of educational institutions and training programs.
According to data from LinkedIn Insights, Brazil concentrates 44% of the talent supply in the entire region. Next is Mexico with 15%; However, its strategic location, favorable demographics and connection to the rest of Latin America and the United States make it an attractive destination for investment in medical devices.
The healthcare and hospital sectors have relatively low hiring demand, while opportunities in the pharmaceutical and IT industries are notably high. The implementation of electronic health record systems has generated a greater need for technological and medical information management skills, evidencing the industry’s evolution towards greater technological integration.
One of the most striking data is that more than 65% of healthcare professionals who changed jobs in the last year were women. This trend reflects the constant growth of female representation in the field. Specifically, in occupations such as nursing, psychology and certified nursing assistance, where women represent more than 80% of professionals.
Educational level of health professionals in Latin America
An encouraging aspect is that 51% of professionals in the health sector have a bachelor’s degree, which demonstrates a solid training base. Additionally, 21% have earned a master’s degree, signaling a growing interest in specialization and career progression.
Companies in the sector have adopted strategies to attract and retain professionals, such as the implementation of flexible hours, remote work and personalized training programs. Gender diversity is also on the rise, especially in traditionally male-dominated roles, such as medicine, where 48% are women, as well as in management positions where 43% are filled by female talent.
What are the highest paying industry positions?
Regarding the most sought after and best paid positions, both in the medical device and pharmaceutical industries, after the general management and business unit manager positions are: new business, commercial, marketing, medical and affairs management. regulatory. Particularly in the pharmaceutical sector, management related to quality assurance and research and development also stands out.
The Pan American Health Organization (PAHO) projects that the demand for health services in Latin America will increase by 30% by 2030. This underlines the importance of a sustainable growth strategy adapted to local particularities.
To boost the growth of the sector, the need for investment in advanced medical technology and overcoming regulatory challenges in the pharmaceutical industry. The initial investment in infrastructure and technology could result in long-term savings and improvements in the quality of healthcare.
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