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The differences between clinical product managers and product 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 manager. Additionally, a product manager has an average salary of $111,729, 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 manager are product management, QA, and product strategy.
| Clinical Product Manager | Product Manager | |
| Yearly salary | $104,486 | $111,729 |
| Hourly rate | $50.23 | $53.72 |
| Growth rate | 10% | 10% |
| Number of jobs | 165,287 | 125,678 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 72% |
| 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 manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Clinical product managers and product managers have different pay scales, as shown below.
| Clinical Product Manager | Product Manager | |
| Average salary | $104,486 | $111,729 |
| Salary range | Between $74,000 And $146,000 | Between $81,000 And $152,000 |
| Highest paying City | Sunnyvale, CA | San Francisco, CA |
| Highest paying state | Washington | California |
| 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 manager in terms of educational background:
| Clinical Product Manager | Product Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 72% |
| 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 managers' demographics:
| Clinical Product Manager | Product Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 42.4% Female, 57.6% | Male, 65.3% Female, 34.7% |
| 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% |