Highest Paying Healthcare tech Jobs (2024 Data)
In 2024, the Healthtech industry offers some of the most lucrative career opportunities in the technology space.
Healthtech jobs are generally high paying, especially at top healthcare tech companies like Headway, Cedar, and Peloton.
So let's see the highest-paying Healthtech jobs right now (based on the latest 2023 data).
Table of Contents
- Chief Medical Information officer (CMIO):(Average Salary $152,089)
- Healthcare Data scientist - (Average Annual Salary: $151,175)
- Machine Learning Engineer(Medical Imaging)- (Average Annual Salary: $86,756)
- Telemedicine Physician- (Average Annual Salary: $297,396)
- Healthtech Product manager- (Average Annual Salary: $134,000)
- Bioinformatics scientists- (Average Annual Salary: $125,655)
- Medical Software Engineer- (Average Annual Salary: $121,271)
- Medical AI Engineer- (Average Annual Salary: $120,344)
- Clinical Data Manager- (Average Annual Salary: $90,390)
Chief Medical Information officer (CMIO):(Average Salary $152,089)
10-years search growth: 17%
Opportunity status: High
Average Annual Salary: $152,089
Description: The Chief Medical Information Officer, abbreviated as CMIO, plays a pivotal role in connecting the medical and information technology (IT) divisions within a healthcare institution. This individual might also be known as the director of medical informatics or health informatics.
Also read about What Is Medical Communications?
Healthcare Data scientist - (Average Annual Salary: $151,175)
10-years search growth: 23%
Opportunity status: Intermediate
Average Annual Salary: $151,175
Description: A health-focused data scientist is a specialized data analyst entrusted with the management of various data types collected from patients, healthcare providers, medical researchers, and governmental bodies engaged in healthcare activities. These data experts hold a critical role in the distribution of information, ranging from individual cases like transferring patient data among different doctors, to broader instances such as sharing insights about emerging diseases worldwide, and every scenario in between.
Their primary responsibility involves utilizing sophisticated big data software to identify pertinent data points, organizing the remaining information into relevant clusters, and determining the appropriate recipients for each set of data packets. The lowest salary they list, for an entry-level position, is $84,587 per year, and the highest listed salary is $151,175 per year.
Machine Learning Engineer(Medical Imaging)- (Average Annual Salary: $86,756)
10-years search growth: 6%
Opportunity status: High
Average Annual Salary: $86,756
Description: Medical imaging specialists are tasked with acquiring images using technologies like X-rays and ultrasounds. Subsequently, healthcare practitioners, including doctors, rely on these images to diagnose and further investigate various medical problems, worries, or conditions affecting patients.
Related: Highest paying Medical Imaging jobs
Telemedicine Physician- (Average Annual Salary: $297,396)
10-year search growth: 13%
Opportunity status: High
Average Annual Salary: $297,396
Description: Telehealth doctors leverage virtual communication platforms to deliver distant medical care to individuals dealing with ordinary ailments and persistent health issues. They engage in diagnosing and addressing minor medical conditions, supporting patients with long-standing health challenges in effectively managing their well-being, and overseeing the recovery progress of individuals who have recently undergone surgical procedures.
Healthtech Product manager- (Average Annual Salary: $134,000)
10-year search growth: 10%
Opportunity status: High
Average Annual Salary: $134,000
Description: A healthcare industry product manager's role involves identifying patient requirements and preferences through methodologies like focus groups, surveys, and various market research techniques. This valuable insight is then applied to refine the company's product offerings, ensuring they align with the expectations and demands of both patients and other stakeholders.
Bioinformatics scientists- (Average Annual Salary: $125,655)
10-year search growth: 8%
Opportunity status: High
Average Annual Salary: $125,655
Description: Bioinformatics scientists engage in research focused on the analysis of extensive molecular datasets, encompassing DNA, microarray, and proteomics data. They craft specialized software and custom scripts for automating data extraction and processing, harnessing languages such as Perl, PHP, MySQL, and various computer programming languages.
Medical Software Engineer- (Average Annual Salary: $121,271)
10-year search growth: 25%
Opportunity status: Intermediate
Average Annual Salary: $121,271
Description: In your role as a healthcare software engineer, you'll be tasked with identifying and defining healthcare software challenges, gathering and evaluating user needs, and potentially documenting solutions. You'll also be responsible for overseeing software updates and setting up the systems you create.
Medical AI Engineer- (Average Annual Salary: $120,344)
10-year search growth: 31.4%
Opportunity status: Intermediate
Average Annual Salary: $120,344
Description: Drive innovation by creating, constructing, deploying, and overseeing high-quality AI, machine learning (ML), and predictive algorithms for healthcare. Collaborate closely with AI experts and leaders in diverse clinical fields and operational areas.
Clinical Data Manager- (Average Annual Salary: $90,390)
10-year search growth: 31%
Opportunity status: Intermediate
Average Annual Salary: $90,390
Description: In essence, the role of a clinical data manager revolves around ensuring the accurate collection of pertinent information during a clinical trial. This is accomplished through meticulous planning of data collection instruments, establishing effective methods for scrutinizing the data, and maintaining seamless coordination with other facets of study management.
What Is The Highest-Paying Healthtech Job?
According to the most recent data collected by Glassdoor, an Telemedicine Physician is the highest-paying healthcare tech job. This position earns an average annual salary of $297,396.
This is much higher than the average Medical software Engineer. In the United States, a Medical software Engineer earns an average annual salary of $121,271.
Healthcare Tech Career Trends
As stated in the HIMSS Future of Healthcare Report, an overwhelming 80% of healthcare providers have strategic plans to augment their investments in technology and digital solutions within the upcoming five years.
The healthcare landscape will observe ongoing expansion in domains such as telemedicine, personalized medicine, genomics, and wearables.
This growth will be driven by the integration of cutting-edge technologies such as artificial intelligence (AI), cloud computing, extended reality (XR), and the internet of things (IoT), all contributing to the creation and delivery of innovative treatments and services.
According to Precedence Research, the worldwide healthcare information systems market, which stood at an impressive $287.8 billion in 2022, is projected to soar to a staggering $528.5 billion by 2030. Furthermore, the global healthcare services sector is also on an upward trajectory, having surged from $7.4 trillion in 2022 to $7.9 trillion in 2023, with forecasts indicating it will reach an impressive $9.8 trillion by 2027. This growth spans across various healthcare domains, including laboratories, dental care, home healthcare, mental health, and hospitals. For example, the home healthcare sector alone is anticipated to reach an astonishing $666.9 billion by 2030.
Source: Grandview, Precedence
Conclusion
Despite looming tech layoffs and an economic slowdown, the Healthcare tech job market still looks poised for growth.
The need for skilled Healthcare tech, Telemedcine physician, and Software engineers is something to keep an eye on.
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