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This CAN mean the engineering of biological materials but more often refers to the design of devices intended for implantation in or attachment to the body. I.e., artificial organs and limbs, medical instrumentation, etc.</p>
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From experience, day after day doing something you don’t like is not generally worthwhile regardless of the pay. I would not recommend going into biomedical if your only impetus is the job opportunities - the money is only marginally better than other engineering fields, and the dissatisfaction will not be worth the difference. Also remember that in the long run, you will probably do better in a field which you enjoy than you will in a field you merely tolerate. Enjoying the field will help you to get better grades, which leads to a higher starting salary. Continuing to enjoy the field will result in better reviews, better opportunities, and finally a better ongoing salary than you would in that field you took only because it had a higher starting salary.</p>