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The differences between clinical product managers and product leads 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 lead. Additionally, a product lead has an average salary of $118,828, 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 lead are product management, project management, and architecture.
| Clinical Product Manager | Product Lead | |
| Yearly salary | $104,486 | $118,828 |
| Hourly rate | $50.23 | $57.13 |
| Growth rate | 10% | 10% |
| Number of jobs | 165,287 | 95,557 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| 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 lead is responsible for monitoring the development of new products and services of an organization, starting from brand conceptualization to official market release and distribution. Product leads identify effective product management by conducting data analysis and evaluating market statistics of customer demands. They coordinate with the clients on their specifications and requirements, including the budget limit and timely deliverables. A product lead manages the brand promotion on media platforms, creating content that adheres to the target audience.
Clinical product managers and product leads have different pay scales, as shown below.
| Clinical Product Manager | Product Lead | |
| Average salary | $104,486 | $118,828 |
| Salary range | Between $74,000 And $146,000 | Between $86,000 And $163,000 |
| Highest paying City | Sunnyvale, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Intuitive Surgical | Airbnb |
| Best paying industry | Health Care | Hospitality |
There are a few differences between a clinical product manager and a product lead in terms of educational background:
| Clinical Product Manager | Product Lead | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 66% |
| 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 leads' demographics:
| Clinical Product Manager | Product Lead | |
| Average age | 39 | 39 |
| Gender ratio | Male, 42.4% Female, 57.6% | Male, 71.1% Female, 28.9% |
| 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% |