The average salary of biomedical scientists
A biomedical scientist is a research scientist who conducts laboratory experiments on human samples (tissues, blood, urine, cerebrospinal material) to improve the understanding of illnesses and evaluate the effectiveness of treatments. His research findings help physicians in treating patients.
He may specialise in a certain area of medical research such as immunology or virology or a specific disease such as cancer, AIDS or diabetes. His salary reflects the high level of skill and knowledge required.
In the occupational employment and wage data published by the Bureau of Labor Statistics in May 2009, the mean annual wage listed for medical scientists, including those conducting biomedical research, was listed as £55,094.
The median 50 per cent of practitioners earned an average of £48,483, the top 10 per cent received £90,246, and the bottom 10 per cent received £26,858. A biomedical scientist may also receive additional benefits such as pension contributions and health insurance as part of his contract.
Salary by Industry
The Bureau of Labor Statistics reports that, as of May 2009, a medical scientist employed by the federal executive branch was in line to receive a salary of £72,676.
His counterpart in a medical or diagnostic laboratory would receive £69,868, while scientific research and development services offered a mean wage of £59,884, slightly more than that offered by pharmaceutical manufacturers -- £59,618. Hospitals were listed at a mean yearly salary of £49,738.
Salary by Location
The Bureau of Labor Statistics reports that as of May 2009, positions in Vermont offered the highest average salary for biomedical scientists -- £78,552. New Jersey and Illinois have similar levels of compensations -- £73,365 and £72,715 - as do Massachusetts and California - £58,337 and £57,291. Sioux Falls, Oregon, is among the highest-paying metropolitan areas, averaging £112,625 per year. In contrast, Ames, Iowa, offers medical scientists an average wage of £53,436.
The job outlook across the medical science field, including that for biomedical experts, seems very bright.
The U.S. Bureau of Labor Statistics predicts that demand for the services of medical scientists will grow by as much as 40 per cent in the decade from 2008 to 2018. This is compared to a rate of between 7 and 13 per cent as a national average across all professions in America. The rapid expansion of the biotechnology industry is cited as the main reason for this large growth in demand. Biomedical scientists should continue to achieve excellent salary levels in return for their services.