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Medtech Salary Survey 2018

MD+DI takes a look at jobs and salaries in the medical device industry.

  • How does your salary and experience on the job compare with those of other medtech professionals? What are the current challenges medtech professionals face, and what opportunities are there to succeed? How pleased are they with their jobs and the industry?

    MD+DI reached out to the medtech community through its annual salary survey, fielding the 2018 online questionnaire from October 2018 through March 2019. We've shared some of the findings in this slideshow, such as the median annual salary and raise along with job conditions such as hours worked per week. For deeper insights into the industry forces affecting compensation and more feedback on the industry, please download our free report here.

    Image by Gerd Altmann from Pixabay
  • The median salary for a medtech professional in 2018 was $120,000, up from MD+DI’s 2017 survey findings of a $116,000 median salary. 

     

    For more survey findings and feedback from medtech professionals, download our free report here.

     

    MD+DI 2018 Medtech Salary Survey
  • The median annual salary increase for 2018 respondents who did not receive a promotion was 3%.

     

    For more survey findings and feedback from medtech professionals, download our free report here.
    MD+DI 2018 Medtech Salary Survey
  • Medtech professionals work a slightly longer week than the standard work week, clocking in an average of 46 hours per week. 

     

    For more survey findings and feedback from medtech professionals, download our free report here.
    MD+DI 2018 Medtech Salary Survey
  • The medtech industry is a highly educated one--more than half of survey respondents have postgraduate degrees or some postgraduate study.

     

    For more survey findings and feedback from medtech professionals, download our free report here.
    MD+DI 2018 Medtech Salary Survey
  • According to our survey, 97% of respondents believe the medical device and diagnostic industry is still a good career choice.

     

    For more survey findings and feedback from medtech professionals, download our free report here.
    Image by mcmurryjulie from Pixabay

Daphne Allen

Daphne Allen is editor-in-chief of MD+DI. She previously served as executive editor of Pharmaceutical & Medical Packaging News, which serves as the pharmaceutical and medical device channel of Packaging Digest. Daphne has covered medical device manufacturing, packaging, labeling, and regulatory issues as well as pharmaceutical packaging and labeling for more than 20 years. She is also a member of the Institute of Packaging Professionals's Medical Device Packaging Technical Committee. Follow her on Twitter at @daphneallen.

 

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