Product Manager Medical Devices salary in Colombia

Average Yearly Salary of Product Manager Medical Devices in Colombia is approximately 49,349,244 COP (10,954 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Product Manager Medical Devices do?

A Product Manager in the field of medical devices is responsible for overseeing the development, launch, and management of medical devices throughout their lifecycle. They work closely with cross-functional teams including engineers, designers, marketing professionals, and regulatory experts to ensure the successful development and commercialization of medical devices. The role of a Product Manager in medical devices involves conducting market research, identifying customer needs, and defining product requirements. They collaborate with engineering teams to develop product specifications and ensure compliance with industry regulations and standards. Additionally, they create and execute go-to-market strategies, including pricing, positioning, and promotion plans. Throughout the product lifecycle, Product Managers monitor market trends, gather customer feedback, and make necessary adjustments to improve product performance and meet customer expectations.

Skills: Product Manager, Medical Devices, Product Development, Market Research, Regulatory Compliance, Go-to-Market Strategy.
Job industry: Medical

How much does Product Manager Medical Devices make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Product Manager Medical Devices a well paid job?

Yes, our data shows that Product Manager Medical Devices is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Product Manager Medical Devices?

High salary for Product Manager Medical Devices would be somewhere between 54,284,168 COP and 71,556,404 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Product Manager Medical Devices in Colombia?

Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 49,349,244 COP
Estimated Monthly Salary: 4,112,437 COP
Estimated Weekly Salary: 949,024 COP per week
Estimated Hourly Salary: 23,726 COP per hour
By working as Product Manager Medical Devices a person can save up to 652 USD per month or 7,829 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Product Manager Medical Devices

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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