Medical engineers are a key component of a burgeoning workforce in the United States.
And in recent years, there’s been a noticeable decline in the percentage of the workforce that holds the same position.
In the first quarter of 2019, only 8.3% of all engineers had a bachelor’s degree, down from 10.5% in the same quarter last year.
And the share of engineers with a master’s degree dropped from 27.4% to 21.3%.
That’s a pretty big drop from the 23.6% in 2019.
The percentage of engineers holding bachelor’s degrees has also been declining for a while now, from 46.5 to 44.6.
The same is true for masters degrees, from 20.4 to 18.9%.
The median age of medical engineers is 40, down nearly 6 percentage points from the previous year.
“I think the number of medical engineer graduates has gone down over the last couple of years,” said Andrew Reitz, chief executive officer of medical engineering consulting firm KPMG.
“There’s not that many of them left.”
The average age of an engineering bachelor’s in the U.S. has gone up from 32.3 years in 2020 to 34.9 years in 2019, according to data from the U topline, a project of the National Bureau of Economic Research.
The median salary for engineers with bachelor’s is $82,400, up from $80,700 in 2020.
But that’s still below the median of $89,800 in 2019 and $91,800 last year, according, the data.
Reitz says it’s difficult to pinpoint the reasons behind the decrease.
“A lot of people are retiring and the demand for engineers is really going up,” he said.
“But the reason for that is, the population of the U has gotten bigger.”
There’s a growing trend for engineers to start their careers in different fields.
But for now, Reitz thinks that’s good news for the U’s medical technology industry.
The Medical Technology Research Institute is a non-profit that focuses on research on medical technology and related fields.
The institute has a staff of roughly 100.
The Institute’s director, Dr. David Wechsler, says it is not a place to look for jobs right now.
“Right now, we’re not seeing any growth in medical technology jobs, but we will in the future,” he told Business Insider.
The main areas of focus of the institute, he said, are the medical and surgical fields.
“I don’t think there is any reason why that shouldn’t continue,” he added.
The number of doctors and nurses in the country is expected to double by 2050, and medical engineering is expected have a 20% share of the work force.
But doctors and nursing are two areas where there’s less demand for medical engineers than there are for other types of engineers, according the KPMg research.