According to data from the US Bureau of Labor Statistics, the average salary for Bioengineers is $101,020 per year, while Medical Scientists earn an average of $104,050 annually. This means that these two occupations have comparable salaries.
Nevertheless, it's worth mentioning that factors such as location, experience, and the specific workplace can affect salary. For instance, Bioengineers in New Mexico may have higher earnings (averaging $134,120 per annum) compared to those in Nebraska ($70,940). As another example, the average pay of Medical Scientists in Connecticut is 116% higher compared to those in Kentucky.
Bioengineers vs Medical Scientists overview
Bioengineers and Medical Scientists are two important jobs in the Professional, Scientific, and Technical Services industry. There is a general interest in understanding the differences between these job titles, including the average earnings for each of them.
Bioengineer job description
Alternative names: Bioengineers and Biomedical Engineers
Bioengineers apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.
Bioengineer education and experience
Most Bioengineers (53%) have completed a Bachelor's Degree. But additionally, among employees with this job title, there are also some with a Master's Degree (30%) and a Doctoral Degree (7%). In terms of experience, 37% of Bioengineer occupations require a 1 to 2 years of previous experience working in the field. A smaller number of roles (27%) require no previous experience.
Bioengineer average salary
As reported by the US Bureau of Labor Statistics, in 2021, the number of Bioengineers employed in the United States was 17,190, and they earned an average of $101,020 per year. The bottom 10 percent had a salary of $60,680 or less, and the top 10 percent had a salary of $154,750 or more. The average salary has grown by 2.7% in comparison to the previous year.
Do Bioengineers make good money?
Bioengineers are typically paid well, since their mean salary is 73% above the average salary in the United States ($58,260). Moreover, they make 11% more than the mean earnings of the Professional, Scientific, and Technical Services industry ($91,150).
Bioengineers are typically paid well, since their mean salary is 73% above the average salary in the United States ($58,260).
Bioengineers job growth
The employment rate for Bioengineers has fallen in the last two years. In 2021, there have been 1,470 less roles than the previous year across the nation, and that marks a decrease of 7.9%. The average job growth rate for the past 3 years has been -3.1%.
Medical Scientist job description
Alternative names: Medical Scientists, Except Epidemiologists
Medical Scientists conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities. Includes physicians, dentists, pharmacologists, and medical pathologists who primarily conduct research.
Medical Scientist education and experience
36% of Medical Scientists have obtained a Doctoral Degree, 25% hold a Post-Doctoral Training, and 25% have a Master's Degree. In terms of experience, about a third of Medical Scientist occupations require a 2 to 4 years of previous experience working in the field. A smaller portion of roles (30%) require a previous experience of more than 10 years.
Medical Scientist average salary
As reported by the US Bureau of Labor Statistics, in 2021, the number of Medical Scientists employed in the United States was 108,550, and they earned an average of $104,050 per year. The bottom 10 percent had a salary of $50,100 or less, and the top 10 percent had a salary of $166,980 or more. The average salary has an increase of 2.2% in comparison to the previous year.
Do Medical Scientists make good money?
Medical Scientists are typically paid well, since their mean salary is 79% above the average pay in the United States ($58,260). Moreover, they make 14% more than the mean salary of the Professional, Scientific, and Technical Services industry ($91,150).
Medical Scientists are typically paid well, since their mean salary is 79% above the average pay in the United States ($58,260).
Medical Scientists job growth
The employment rate for Medical Scientists has fallen in the last two years. In 2021, there have been 17,560 less job opportunities than the previous year across the nation, and that shows a decline of 13.9%. Job growth has averaged -3% over the past 3 years.
FAQ
Do Bioengineers or Medical Scientists make more?
The salaries for these two jobs are similar. The average annual salary for Bioengineers is $101,020, while Medical Scientists earn $104,050 per year.