As of September 01, 2026, the average salary for an SVP of Medical Device Engineering in the United States is $319,183 per year, which breaks down to an hourly rate of $153.
However, an SVP of Medical Device Engineering's salary can vary significantly. Here’s a look at the typical salary range:
SVP of Medical Device Engineering Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $353,834 | $29,486 | $6,805 | $170 |
| Average | $319,183 | $26,599 | $6,138 | $153 |
| 25th Percentile | $304,138 | $25,345 | $5,849 | $146 |
An SVP of Medical Device Engineering's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an SVP of Medical Device Engineering's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Medical Device Engineering Manager | 5+ years | $153,726 |
| Medical Device Engineering Senior Manager | 5+ years | $176,475 |
| Medical Device Engineering Director | 5+ years | $206,068 |
| VP of Medical Device Engineering | 5+ years | $253,580 |
| SVP of Medical Device Engineering | 5+ years | $319,183 |
SVP of Medical Device Engineering salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $357,375. While startup companies pay approximate $303,042.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $303,042 |
| Growth Stage | 51~500 | $320,275 |
| Established | 501~5000 | $345,283 |
| Enterprise | 5000+ | $357,375 |
Understanding how an SVP of Medical Device Engineering's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $353,834 | $29,486 | $6,805 | $170 |
| Average | $319,183 | $26,599 | $6,138 | $153 |
| 25th Percentile | $304,138 | $25,345 | $5,849 | $146 |
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An SVP of Medical Device Engineering's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an SVP of Medical Device Engineering earns the most in San Jose, CA, where the annual salary of an SVP of Medical Device Engineering is $402,586.
The highest pay for SVP of Medical Device Engineering is $385,382.
The lowest pay for SVP of Medical Device Engineering is $290,440.
Provides leadership, innovation, and oversight to the analysis and development of medical devices, equipment, or components. Oversees all medical device engineering activities within an organization. Develops and implements strategic plans, goals, and objectives for a medical device engineering department in alignment with the organization's mission and goals. Designs policies and procedures to ensure all medical device engineering projects are completed on time, within budget, and meet required specifications and quality standards. Collaborates with functional leaders to identify problems, needs, or potential products and ensure alignment and coordination across the organization. Plans and forecasts the department budget and researches cost-saving technologies to optimize business performance and drive profitability. May require a master's degree. Typically reports to Chief Executive Officer (CEO). Manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head.
The Pharmaceuticals industry offers the highest average compensation for SVP of Medical Device Engineering roles, with salaries approximately 50% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
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