How much do those in the top 10 medical specialties in the world earn? | economy

The health sector accounted for 10.3% of the global gross product in 2021 after spending on it reached $9.8 trillion, according to the World Health Organization.

But the distribution of spending remains starkly unequal, with public spending on health increasing around the world, with the exception of low-income countries, according to the WHO’s 2023 Global Health Expenditure Report.

According to the report, 11% of the world’s population lives in countries that spend less than $50 per capita annually on health, while the average per capita spending on health reached about $4,000 in high-income countries, and low-income countries represented only 0.24% of global spending. On health, even though its share is 8% of the world’s population.

Average global health spending is expected to reach $1,700 per capita by 2026, with a 1.7% annual increase from $1,530 in 2021.

Many medical specialties and jobs are likely to see high demand in the future due to various factors such as an aging population, advances in technology, and evolving health care needs.

Doctors remain at the top of the pyramid of specialties and the highest paid medical jobs in the world, and they often receive the highest salaries in various professions in various countries, but their wages vary greatly from one country to another. In first world countries, they receive much higher annual salaries than their counterparts in smaller countries. Or less developed.

For example, doctors in Switzerland receive an average annual salary of more than a quarter of a million dollars, and there are other specializations that may reach much more than that, while their counterparts in a country like Pakistan receive about 8 thousand dollars a year, according to what the World Publication platform reported. Review), which is an indication of the huge difference in wages and salaries.

10 countries that offer the highest salaries for doctors

However, the salaries of doctors in various countries of the world remain much higher than in other specialties. The following is a list of the 10 largest countries that provide the highest average annual salary in dollars for doctors in the world, according to what was reported by the (Monkey Insider) platform and the (Yahoo Finance) platform:

1. Switzerland: 268,935 dollars.
2. United States: 266,558 dollars.
3. Luxembourg 250 thousand and 697 dollars.
4. Australia 198 thousand and 338 dollars.
5. Iceland: $195,559.
6. Denmark: 193,627 dollars.
7. UAE 190 thousand and 730 dollars.
8. New Zealand: $186,569.
9. Canada 182 thousand and 619 dollars.
10. Ireland 175 thousand and 88 dollars.

The 10 highest paying medical specialties in developed countries

The most experienced specialist doctors in developed countries earned more than $400,000 a year, and 10% of them made more than $1 million a year, according to an NPR.org study based on 10 million tax records from 965,000 doctors worldwide. Over 13 years.

Developed countries with private healthcare systems, such as the United States, Switzerland, and Australia, generally offer higher salaries than others, and the following is a list of the 10 highest-paid medical specialties in 2023, ranked from lowest to highest, according to what Forbes magazine and the US Bureau of Labor Statistics reported:

10- Physical Therapists

Physical therapists care for patients with movement injuries, especially in the extremities, for pain relief and rehabilitation. They diagnose problems related to motor functions, and use specialized treatment techniques, such as stretching and other exercises, to improve patients’ quality of life and help them regain their activity and abilities.

• Average annual salary: $97,720.
• Expected job growth: (2022-2032): 15%.
• Minimum Education Required: Doctorate in Physical Therapy.

9- Veterinarians

Veterinarians provide medical care to animals, including pets and livestock, diagnosing and treating diseases and medical conditions, performing surgeries, prescribing medications, and giving necessary vaccinations.

• Average annual salary: $103,260.
• Expected job growth (2022-2032): 20%.
• Minimum Education Required: Doctor of Veterinary Medicine.

8- Optometrists

Ophthalmologists diagnose and treat medical conditions of the eye, and their work includes performing vision tests, examining patients, identifying eye and vision problems, and prescribing appropriate medications, treatments, glasses, and contact lenses for each medical condition.

• Average annual salary: $125,590.
• Projected job growth (2022-2032): 9%.
• Minimum Education Required: Doctor of Ophthalmology.

7- Advanced Practice Registered Nurses (APRNs)

The highest degree of nursing, advanced practice registered nurses provide patient care, including diagnosing and treating medical conditions, examining patients, prescribing medications, and ordering diagnostic tests.

• Average annual salary: $125,900.
• Projected job growth (2022-2032): 38%.
• Minimum education required: Master’s degree in nursing with extensive experience.

6- Physician Assistants

Medical assistants work under the supervision of physicians to examine and treat patients, diagnose medical conditions, prescribe medications, monitor patient progress, and treat wounds, injuries, and medical conditions.

• Average annual salary: 126 thousand and 10 dollars.
• Projected job growth (2022-2032): 27%.
• Minimum education required: Master’s degree.

5- Medical Dosimetrists

Medical dosimetry specialists develop radiation treatment plans and determine appropriate doses of radiation for those with cancer and other medical conditions, and also create fixation devices such as casts to ensure patients do not move during procedures and receiving treatment.

• Average annual salary: $128,970.
• Projected job growth (2022-2032): 3%.
• Minimum education required: Bachelor’s degree.

4- Pharmacists

Pharmacists dispense medications prescribed by doctors, advise doctors about drug chemical reactions and dosages, counsel patients who have questions about their prescriptions, administer immunizations, supervise pharmacy technicians and ensure that new medications will not adversely interact with patients’ allergies or other medications.

• Average annual salary: $132,750.
• Projected job growth (2022-2032): 3%.
• Minimum Education Required: Bachelor’s degree in Pharmacy.

3- Podiatrists

Podiatrists deal with medical problems related to the feet, ankles and lower legs. They diagnose medical conditions, prescribe medications and orthotics, perform surgeries and treat conditions such as heel spurs and arch problems.

• Average annual salary: $148,720.
• Projected Job Growth (2022-2032): Employment for podiatrists is expected to remain approximately the same from 2022 to 2032.
• Minimum Education Required: Doctorate in Podiatry.

2- Dentists

Dentists diagnose and treat medical conditions related to the teeth, gums, and mouth, prescribe medications, provide dental implants and fillings, prepare patients for dentures, and more.

• Average annual salary: $155,40.
• Projected job growth (2022-2032): 4%.
• Minimum education required: Doctorate in Dental Medicine and Surgery.

1- Surgeons

Surgeons are considered the highest paid among doctors, such as neurosurgeons, orthopedists, and cardiac surgeons, with the salaries of many of these specialists reaching more than half a million dollars a year in developed countries.

Doctors diagnose and treat medical conditions, diseases, and injuries, each according to their specialty. They also examine patients, prescribe medications, and monitor progress, depending on their specialties.

• Average annual salary: $229,300.
• Projected job growth (2022-2032): 3%.
• Minimum education requirement: Doctor of Medicine with other specialized certificates such as the American or European Board, especially for specialists.