Biomedical engineers are medical professionals who use their knowledge of engineering, biology, and medicine to create and develop technologies and products used in the healthcare industry. With their expertise, biomedical engineers are able to bridge the gap between engineering and healthcare, allowing for the development of medical technologies and products that improve patient care and outcomes.
When it comes to salary, biomedical engineers are some of the highest-paid professionals in the medical field. According to the Bureau of Labor Statistics, the median annual wage for biomedical engineers was $91,410 in May 2019. This number is higher than the median annual wage for all occupations, which was $39,810 in May 2019.
In addition to their annual salary, biomedical engineers may also receive bonuses, commissions, and other forms of compensation. These extra payments can increase a biomedical engineer’s salary significantly. For example, a biomedical engineer who works in a research and development setting may receive a bonus or commission depending on the success of their projects.
Biomedical engineers are also eligible for a wide range of benefits, including health insurance, retirement benefits, and paid time off. Additionally, many biomedical engineers are able to take advantage of tuition reimbursement and professional development opportunities.
Overall, biomedical engineers are well-compensated for their expertise and knowledge in the medical field. With their salaries and benefits, biomedical engineers are able to provide a comfortable living for themselves and their families.
Check out our Biomedical Engineering Business Directory for the highest paying businesses in the industry!