Interventional cardiologists are physician specialists who diagnosis and treat heart conditions using catheter procedures. Interventional cardiologists in the US and Australia earn similar amounts in US dollar currency at $326,000 and AU$436,000 ($329,556 USD), respectively, followed by New Zealand at NZ$366,000 ($252,106 USD), Canada at C$316,000 ($245,853 USD) and the UK at £167,000 ($197,930 USD). Interventional cardiologists in South Africa see annual pay that can reach R1,914,000 ($139,518 USD) while those in India earn about Rs1,921,000 ($29,814 USD) per year. Salaries vary by geographic region, professional experience, and work setting as explained. This guide will go into further details regarding the factors that influence an interventional cardiologist salary.
How Much Does an Interventional Cardiologist Make per Year?
The following chart provides salary information for interventional cardiologists in select countries worldwide.
|Interventional Cardiologist Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
|R1,913,808 ($139,518 USD)|
Factors that Influence the Interventional Cardiologist Salary
Geographic region, professional experience, and work setting affect salaries for interventional cardiologists as detailed in this guide.
1. Geographic Area
Interventional Cardiologist Salary in US
In the US, interventional cardiologists earn about $326,000, on average, and bonus income adds more than $24,000 in additional pay. Entry level pay averages more than $215,000 per year compared to senior level pay of nearly $439,000 per year.
Interventional Cardiologist Salary in Canada
Interventional cardiologists in Canada receive an average annual salary of about C$316,000, plus another C$24,000 in bonus income. On average, entry level positions garner nearly C$209,000 per year compared to senior level positions that bring in well over C$425,000 annually.
Interventional Cardiologist Salary in UK
Interventional cardiologists in the UK see annual pay that exceeds £167,000. Bonus income can add nearly £13,000 to overall income. Early career interventional cardiologists earn well over £110,000 per year compared to their senior level colleagues with annual salaries of more than £225,000.
Interventional Cardiologist Salary in Australia
Interventional cardiologists in Australia receive an annual compensation of more than AU$436,000 in base salary and another AU$33,000 in additional bonus earnings. Newly trained interventional cardiologists can earn nearly AU$289,000 per year while senior level professionals receive well over AU$588,000 annually.
Interventional Cardiologist Salary in New Zealand
In New Zealand, interventional cardiologists earn more than NZ$366,000 in annual base salary plus another NZ$28,000 in bonus income. The average entry level salary exceeds NZ$242,000 per year, increasing with experience and responsibility to just under NZ$494,000 per year.
Interventional Cardiologist Salary in India
The average annual salary for interventional cardiologists in India is close to Rs1,921,000 plus another Rs144,000 or more in bonus income potential. Entry level positions garner an annual salary of about Rs1,288,000 compared to senior level positions that call for annual pay that tops Rs2,625,000 per year.
Interventional cardiologist Salary in South Africa
In South Africa, interventional cardiologists earn close to R1,914,000 per year plus another R144,000 in bonus income. Entry level interventional cardiologists see an annual salary of more than R1,274,000, increasing to about R2,598,000 per year for senior level professionals.
Interventional cardiologists are highly paid healthcare professionals, but continue to see rising incomes with additional experience. Across all geographic regions, salaries increase as much as 104% for senior level positions. In the US, senior level pay is roughly $224,000 more per year over entry level pay. While salaries are lower in India, this sae strong growth is seen in that region with a growth rate of 103% between senior level and entry level pay, equating to about Rs1,337,000 in additional annual income.
Interventional cardiologists work in hospitals, clinics, and private practice. A growing number of these specialists have chosen private practice, either in a solo or group setting, as this setting offers the greatest income potential. In fact, a Medscape Report reveals self-employed cardiologists earn about 19% more than those employed by others. Employment in for-profit or private organizations may offer a higher salary range and bonus potential compared to nonprofit and public sector employment.
A full-time schedule, that often involves more than 40 hours per week, is typical for interventional cardiologists. While patient visits are typically scheduled Monday through Friday during normal business hours, on-call hours and emergency situations may require additional hours that can span any day of week or time of day.
Bonuses and Benefit Packages
As a member of the healthcare community, interventional cardiologists often receive a comprehensive benefits package that includes medical, dental, and vision coverage and paid time off for vacation, holidays, and sick time. Some employers also offer professional liability insurance and allowances for conference attendance related to continuing medication. Bonus income is seen worldwide, although those who are self-employed may not receive this additional income.
The US Bureau of Labor Statistics expects a 13% growth rate among physicians, including interventional cardiologists, from 2016 to 2026. This is a faster than average growth rate and is expected with an aging population and increase in chronic health conditions that often lead to cardiac issues. A career as an interventional cardiologist requires a medical degree and up to seven years of additional training and specialization. Licensure is required worldwide with registration held at a local governing authority.
Interventional cardiologists must complete many years of education and training, but are rewarded with hefty incomes that rank among the highest worldwide. Compensation packages also include benefits and bonus pay. The future need for interventional cardiologists is expected to continue rising, which likely will support high salaries and offer ample employment for newly trained professionals entering this career field.