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The differences between clinical product managers and clinical trial managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a clinical product manager, becoming a clinical trial manager takes usually requires 1-2 years. Additionally, a clinical product manager has an average salary of $104,486, which is higher than the $93,644 average annual salary of a clinical trial manager.
The top three skills for a clinical product manager include cross-functional, product management and roadmap. The most important skills for a clinical trial manager are patients, clinical trial management, and clinical operations.
| Clinical Product Manager | Clinical Trial Manager | |
| Yearly salary | $104,486 | $93,644 |
| Hourly rate | $50.23 | $45.02 |
| Growth rate | 10% | 6% |
| Number of jobs | 165,287 | 60,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Average age | 39 | 44 |
| Years of experience | 10 | 2 |
Clinical product managers keep up with the market's never-ending need to turn them into product development opportunities by regular communication. These managers work on developing, implementing, testing, and sales with field engineering experts to publicize products and their new features. To hone their leadership and product operation skills, they undergo content writing training and realistic product management training. They consult with product managers to review product designs and clinical planning to maintain support for the products as they go through the product life cycle.
A clinical trial manager is primarily responsible for organizing and supervising clinical trials, ensuring to meet all goals while maintaining smooth operations. They are also responsible for collaborating with managers to set targets, hiring staff and participants for studies, and arranging the event. This planning includes its location and schedule. A clinical trial manager must also maintain documentation of all processes, liaise with scientists and key personnel, acquire necessary legal paperwork and certifications, and gather data accurately. Furthermore, as a manager, it is essential to implement the company's policies and regulations at all times.
Clinical product managers and clinical trial managers have different pay scales, as shown below.
| Clinical Product Manager | Clinical Trial Manager | |
| Average salary | $104,486 | $93,644 |
| Salary range | Between $74,000 And $146,000 | Between $61,000 And $142,000 |
| Highest paying City | Sunnyvale, CA | San Rafael, CA |
| Highest paying state | Washington | California |
| Best paying company | Intuitive Surgical | Editas Medicine |
| Best paying industry | Health Care | Pharmaceutical |
There are a few differences between a clinical product manager and a clinical trial manager in terms of educational background:
| Clinical Product Manager | Clinical Trial Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 60% |
| Most common major | Nursing | Biology |
| Most common college | University of Wisconsin - Madison | University of Pennsylvania |
Here are the differences between clinical product managers' and clinical trial managers' demographics:
| Clinical Product Manager | Clinical Trial Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 42.4% Female, 57.6% | Male, 29.4% Female, 70.6% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 2.6% Unknown, 7.5% Hispanic or Latino, 14.9% Asian, 11.1% White, 63.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 9% |