Medical translation is a highly sought-after skill, and as a result, medical translators can command high rates for their services. But just how much do they make? Let's take a look at the earnings potential of medical translators to see if this is a career path that's right for you.

How Much Do Medical Translators Make?

As with any career, the amount a medical translator makes depends on a variety of factors, including experience, education, location, and employer. On average, medical translators make between $40,000 and $60,000 per year. However, those at the top of their field can make upwards of $100,000 per year.

What affects how much medical translators make? 

There are several factors that can affect how much medical translators make. These include:

Experience – As with most careers, medical translators who have more experience can command higher rates than those who are just starting out. Those with 5 or more years of experience can typically expect to earn 10% to 20% more than those who are new to the field.

Education – Medical translators with a bachelor's degree or higher will typically earn more than those without a degree. In addition, those with specialized training in medical translation can also expect to earn more than those without such training.

Location – Medical translations made for companies based in countries with a high cost of living (such as the United States) will typically command higher rates than those made for companies based in countries with a low cost of living (such as India). 

Employer – Some employers (such as hospitals) are willing to pay more for medical translation services than others (such as small businesses). In addition, some employers offer benefits such as health insurance and retirement plans, which can also affect how much medical translators make. 

Medical translation is a complex and highly sought-after skill.

As a result, medical translators can command high rates for their services. On average, medical translators make between $40,000 and $60,000 per year. However, those at the top of their field can make upwards of $100,000 per year. If you're thinking about becoming a medical translator, rest assured that there is good earning potential in this field. Just be sure to factor in your experience level, education level, location, and employer when negotiating your rates.