GITNUX MARKETDATA REPORT 2024

Diversity In The Medical Devices Industry Statistics

The statistics on diversity in the medical devices industry show a lack of representation for women and minorities at leadership levels.

Statistic 1

"About 65% of workforce in medical device companies undergoes diversity training annually."

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Statistic 2

"Women hold approximately 30% of leadership positions in the medical devices industry."

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Statistic 3

"Gender diversity in the medical device industry has shown a 45% increase in the past decade."

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Statistic 4

"Gender-diverse companies are 25% more likely to achieve above-average profitability in the med-tech sector."

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Statistic 5

"Representation of Asian professionals in the medical device sector is around 14%."

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Statistic 6

"Only 10% of medical device firms have a Chief Diversity Officer."

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Statistic 7

"Companies with a higher representation of women in boards report 20% higher innovation revenues."

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Statistic 8

"87% of medical device companies have established diversity and inclusion initiatives."

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Statistic 9

"Diverse clinical trial teams in the medical device industry see a 25% reduction in trial duration."

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Statistic 10

"Organizations with more diverse teams are 70% more likely to capture new markets in the medical device industry."

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Statistic 11

"50% of medical device companies report challenges in achieving linguistic diversity."

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Statistic 12

"Racial and ethnic minorities represent less than 20% of the workforce in the medical device sector."

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Statistic 13

"The rate of African American executives in medical device companies is around 7%."

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Statistic 14

"90% of top medical device companies have at least one woman on their board."

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Statistic 15

"40% of R&D teams in medical device companies have female representation."

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Statistic 16

"Medical device companies with higher diversity scores outperform others by approximately 15% on financial metrics."

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Statistic 17

"Only 5% of patents in the medical device field are attributed to women inventors."

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Statistic 18

"Latinx individuals constitute approximately 8% of professionals in the medical devices industry."

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Statistic 19

"Diverse management teams in the medical device industry are 33% more likely to see better than average profitability."

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Statistic 20

"72% of medical device companies consider diversity and inclusion a strategic priority."

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