Quick Answer: What Do Medical Device Reps Make?

How much money can you make in medical device sales?

Surgical devices come in at a close second for the highest-paying jobs in medical sales with an average total compensation of $163,654.

Unlike biotech reps, surgical sales reps earn the majority of their pay in commission – an average of $94,783..

How much do da Vinci sales reps make?

Da Vinci Clinical Sales Representative SalariesJob TitleSalaryIntuitive (Intuitive Surgical) Da Vinci Clinical Sales Representative salaries – 1 salaries reported$94,882/yr

How many hours a week do medical sales reps work?

40 hoursThere’s also big room for advancement. However, medical device sales representatives have poor work-life balance with extensive travel to meet with clients. The majority works beyond 40 hours per week in a stressful, high-pressure environment where satisfying quotas is paramount.

How much money do entry level pharmaceutical sales reps make?

National Average As of Jan 7, 2021, the average annual pay for an Entry Level Pharmaceutical Sales Representative in the United States is $60,099 a year.

How much do medical device reps make?

In fact, according to Med Reps’ recent salary survey, the median total compensation for a medical sales rep is $149,544, with an average base salary of $92,698 and an average bonus of $63,318 in 2018. That means an average 68 percent increase in payout simply because of commission on making sales.

Is medical device sales stressful?

The Stress Factor For many in the medical sales force, stress and the pressure to perform are simply too much, especially when jobs are heavily commissions-based. … As with any sales job, the competition for a lucrative salary is definitely fierce, and the selling environment is very challenging.

What do medical device reps do in the OR?

Medical device sales reps play a critical role in the OR. Their extensive knowledge of the devices they sell allows them to consult with surgeons and provide clinical benefit. A medical sales device rep also sets up product trays with hundreds of instruments to deliver to the OR before the procedure.

How much do trauma sales reps make?

Trauma Sales Representative SalariesJob TitleSalaryStryker Trauma Sales Representative salaries – 9 salaries reported$124,766/yrSmith & Nephew Trauma Sales Representative salaries – 4 salaries reported$51,672/yrZimmer Biomet Trauma Sales Representative salaries – 1 salaries reported$60,112/yr17 more rows

Why have a career in medical sales?

Medical sales reps build long-term relationships with doctors, nurses, and other health care providers and help educate them on their products. Sales reps build trust with medical professionals to help guide their decisions and provide information on the clinical value and improved outcomes their products can bring.

Can you do medical sales without a degree?

Most medical sales jobs do not require specific certifications. Since these positions rely heavily on transferable skills, most positions require job seekers have an undergraduate degree, but not in a certain concentration. … Some of the necessary skills include: Passion for sales and marketing.

How many medical sales reps are there in the US?

Currently, there are approximately 81,000 pharmaceutical sales representatives in the United States pursuing some 830,000 pharmaceutical prescribers. A pharmaceutical representative will often try to see a given physician every few weeks.

How do you succeed in medical device sales?

Use the tips below to get on the track to medical sales success today:Make good use of your personality. … Understand how to nurture different types of relationships. … Expand your soft skills. … Develop hard skills. … Take care of yourself. … Measure and analyze. … Be prepared and persistent. … Never stop learning.

Is medical device sales a good career?

Medical device sales is a highly competitive and demanding field, but it is also very rewarding, so it’s no surprise that many people want to get into this industry and begin their career path.

What are the highest paying medical sales jobs?

At first glance, it appears the top earners are Sales Directors and VPs working in biotech. After all, according to the 2016 Medical Sales Salary Report, Sales Director / VP is the highest paid job title (average total $209,082), and biotech is the highest paying product category (average total $165,028).

Do medical sales reps travel a lot?

“When not on a sales call, they’re typically working from a home office, a hotel room, or even from the car. … She also notes that a recent study found medical sales reps spend an average of 20 percent of their time traveling overnight.

What is the best medical device to sell?

Top Ten Selling Medical DevicesMedtronic.Johnson & Johnson.Thermo Fisher Scientific.Philips Healthcare.General Electric Healthcare.Fresenius Medical Care.Abbott Laboratories.Becton Dickinson.More items…•

What are the highest paid sales jobs?

They’re listed here from highest to lowest total average compensation.Enterprise Sales/Account Executive. Average salary: $75,000. … Pharmaceutical Sales Representative. Average salary: $81,798. … Realtor. … Medical Device Sales Representative. … Sales Engineer. … Software Sales Representative. … Major Gifts Officer.