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The differences between clinical product managers and product development managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a clinical product manager and a product development manager. Additionally, a product development manager has an average salary of $113,437, which is higher than the $104,486 average annual salary of a clinical product manager.
The top three skills for a clinical product manager include cross-functional, product management and roadmap. The most important skills for a product development manager are product development, project management, and lifecycle management.
| Clinical Product Manager | Product Development Manager | |
| Yearly salary | $104,486 | $113,437 |
| Hourly rate | $50.23 | $54.54 |
| Growth rate | 10% | 10% |
| Number of jobs | 165,287 | 166,871 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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 product development manager spearheads the development of new products within a company. Most of the time, their responsibilities revolve around conducting marketing research and analysis to determine consumers' needs, coordinating with the product development team to come up with new ideas, proposing business plans to the executives, and creating prototypes. A product development manager must also present a cost analysis, produce progress reports, and address inquiries and concerns. Furthermore, as a manager, it is essential to lead and encourage the staff, all while adhering to the company's policies and regulations.
Clinical product managers and product development managers have different pay scales, as shown below.
| Clinical Product Manager | Product Development Manager | |
| Average salary | $104,486 | $113,437 |
| Salary range | Between $74,000 And $146,000 | Between $84,000 And $152,000 |
| Highest paying City | Sunnyvale, CA | San Francisco, CA |
| Highest paying state | Washington | Nevada |
| Best paying company | Intuitive Surgical | Meta |
| Best paying industry | Health Care | Retail |
There are a few differences between a clinical product manager and a product development manager in terms of educational background:
| Clinical Product Manager | Product Development Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 73% |
| Most common major | Nursing | Business |
| Most common college | University of Wisconsin - Madison | University of Georgia |
Here are the differences between clinical product managers' and product development managers' demographics:
| Clinical Product Manager | Product Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 42.4% Female, 57.6% | Male, 62.2% Female, 37.8% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |