Product Manager, Medical Devices Salary

An average Product Manager of Medical Devices in the United States can expect to take home roughly $84K annually. Male Product Manager of Medical Devicess are more prevalent than women among those who took the survey — 64 percent of professionals. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Work is enjoyable for Product Manager of Medical Devicess, who typically claim high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$55,743 - $119,547
$56K
$83K
$120K
MEDIAN: $83,180
10%
50%
90%

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$0$130K
Salary $55,743 - $119,547
Bonus $4,872 - $12,164
Profit Sharing $4,750
Commission $5,000
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$55,752 - $130,128
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 41

Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.
  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.

Product Manager, Medical Devices Job Listings

Pay by Experience Level for Product Manager, Medical Devices

Pay by Experience for a Product Manager, Medical Devices has a positive trend. An entry-level Product Manager, Medical Devices with less than 5 years of experience can expect to earn an average total compensation of $84,000 based on 27 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Manager, Medical Devices with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $98,000 based on 22 salaries. An experienced Product Manager, Medical Devices which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $120,000 based on 11 salaries. A Product Manager, Medical Devices with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $127,000 based on 11 salaries.

Related Job Salaries

Key Stats for Product Manager, Medical Devices

Gender

Female
29 %
Male
71 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.
Less than 1 year
12%
1-4 years
41%
5-9 years
22%
10-19 years
20%
20 years or more
5%

Experience Affects Product Manager, Medical Devices Salaries

Late-Career
▲47%

Experienced
▲39%

Mid-Career
▲14%

National Average
$86,000

Entry-Level
▼3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 3 votes.

Gender

Female
29 %
Male
71 %

Years of Experience

Less than 1 year
12%
1-4 years
41%
5-9 years
22%
10-19 years
20%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 97%
dental benefits
Dental: 88%
vision benefits
Vision: 70%
no benefits
None: 3%