Some factors that can affect the salary of biomedical technologists include:
* Experience: Biomedical technologists with more experience typically earn higher salaries. According to the BLS, biomedical technologists with less than 5 years of experience earned a median annual wage of $78,140, while those with over 20 years of experience earned a median annual wage of $99,270.
* Education: Biomedical technologists with higher levels of education typically earn higher salaries. For example, biomedical technologists with a master's degree or doctorate typically earn higher salaries than those with only a bachelor's degree.
* Location: The cost of living in a particular area can affect the salaries of biomedical technologists. For example, biomedical technologists in large metropolitan areas typically earn higher salaries than those in rural areas.
* Industry: The specific industry in which a biomedical technologist works can also affect their salary. For example, biomedical technologists who work in the pharmaceutical industry typically earn higher salaries than those who work in the healthcare industry.
Here is a table showing the median annual wages of biomedical technologists in different industries, according to the BLS:
| Industry | Median Annual Wage |
|---|---|
| Pharmaceutical and medicine manufacturing | $103,450 |
| Medical and diagnostic laboratories | $88,430 |
| Hospitals | $87,630 |
| Physician offices | $86,710 |
| Ambulatory healthcare services | $84,280 |
Biomedical technologists are expected to see faster-than-average job growth in the coming years. The BLS projects that the employment of biomedical technologists will grow by 10% from 2019 to 2029. This growth is expected to be driven by the increasing demand for healthcare services and the need for more sophisticated medical technology.