How much money does a medical device sales rep make

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These numbers have trended upward year over year, but shows the biggest increase 4. Of course, these figures are based on the collective answers of our survey respondents, but many factors impact how much medical sales professionals take home. The results take into account job titles, types and sizes of companies, product segments, as well as demographic information like age, gender, and race to reveal how these factors impact medical sales salaries. By evaluating medical sales salaries annually, MedReps is able to detect trends and changes happening across the industry. More than 2, medical sales professionals responded to the survey. The majority of respondents work in field sales 74 percent , and 74 percent of those field reps work for manufacturers. Nearly one-third 30 percent sell medical devices, while 20 percent sell pharma or specialty pharma. Most respondents are in their 30s 28 percent or 40s 32 percent. Experience levels range considerably, with the highest percentage 32 percent having between 11 and 20 years of experience. Consistent with prior years, men outnumber women in medical sales 3 to 1 though the percentage of women in medical sales has increased by 3 percent. A majority of respondents 74 percent work for manufacturers, and our results revealed no matter the size, manufacturers consistently pay more than any other type of employer.

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If you want to learn more please read my hub on the Marijuana Prohibition!!! Career Overview Medical device equipment sales representatives are responsible for selling many of the items that you see in your doctor’s office or hospital. Most medical sales jobs are actually transactional, but some involve consultation. Pharmaceutical Sales Salary Varies by Location The average salary for a pharmaceutical sales rep also varies according to the location that he or she works in. As with any other candidate, you still have to go through the rigorous application process. Communication Skills Good interpersonal communication skills can be the difference between an average and a great medical device equipment salesperson. Updated on July 11, Javascript software libraries such as jQuery are loaded at endpoints on the googleapis. Subscribe to Our Blog Stay up to date with the latest marketing, sales, and service tips and news. This is used to provide data on traffic to our website, all personally identifyable data is anonymized.

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Take courses on the latest business trends, taught by industry experts. Get a primer on how inbound helps your business grow better. Get help if you have medival about using HubSpot software. Find a partner in our global community of service providers who can help you grow. We’re how much money does a medical device sales rep make to your privacy. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time.

For more information, check out our privacy policy. Medical sales jobs will always be in high demand. Despite automation’s emergence in nearly every aspect of business, medical sales remains a largely face-to-face industry.

In addition, an aging population keeps the field relevant and important. You’re likely already aware of the high earning potential of medical sales. While it’s true that medical sales is a highly competitive field and the workload meeical demanding, if you’re up to the challenge, it’s possible to begin building your career and making a name for yourself almost immediately.

It’s important to understand, though, that unlike other fields, medical sales is a journey. After all, research from the MedReps salary report revealed compensation potential is directly linked to tenure in the field. This shows you must be willing to put in the time and work to have a profitable and rewarding experience. Before embarking down this career path, get to know the industry and figure out how it fits into your own specific career needs.

The first step to becoming a medical sales rep is to choose a specialization. Specializations include medical devices, medical equipment, pharmaceuticals, and biotechnology. Next, you’ll gain field experience and enroll in training. You’ll also network, grow your online presence, and connect with industry contacts. Finding the right fit begins with exploring your personal and professional interests. Above all, you must be certain you have a real passion mzke the field.

Medical sales is highly rewarding but it requires a solid commitment. If you’re not devie passionate about the industry, you risk becoming overly stressed and frustrated. With such diverse options available, job seekers can find an aspect of medical sales that appeals to them and suits their skills. Most medical sales jobs are actually transactional, but some involve consultation. In most cases, you’ll be meeting with health care professionals to discuss your products’ benefits.

Some medical sales positions such as medical coding sales also incorporate skills like billing and marketing. Meanwhile, medical sales recruiters are focused on sourcing and placing the best and brightest professionals in the field. Before applying to any medical sales job, use job search resources such as the MedReps blog to find news and advice specific to the industry. The website also features job postings for both entry-level and experienced medical sales reps.

Once you’ve discovered which medical sales niche you’re most interested in, it’s time to earn some experience. You’ve already spent a great deal of time and money earning degrees and certifications — and those will certainly help. Still, most recruiters place a high value on work experience. This means you should explore opportunities where you can gain experience in the field immediately.

These include:. You can also gain experience by taking an entry-level job in a medical-related or sales field, such as doing marketing for a medical office, customer service in a hospital, or even vending sales in a hospital setting. 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. How you present your skills to employers is also important. Virginia Franco, the founder of Virginia Franco Resumesrecommends using compelling phrases that explain how your experience makes you the best medicla to assist in the company’s growth. Once you’ve determined your strong points and have a handle on the requisite skills, begin training.

Medical sales employers will expect you to quickly learn the company’s processes and procedures. You must prove that you’re willing and able to commit to training, so you’re ready to sell in your first week. For instance, MedReps partners with Scott Moldenhauer, president of Persuasion Consultants, LLC — a medical sales training and consulting firm focused on helping job seekers in the medical and pharma sales industry. Other training opportunities are available online through sites such as MedSales Career and Sales Momentum.

Regardless of the program you choose, you must be well-versed in the current trends and best practices of the industry. That medicaal industry-specific lingo. Every industry has certain acronyms and terminology. Getting caught off guard in an interview by not knowing industry terms is not only embarrassing but also potentially damaging to your chances of getting an offer. The medical sales industry uses many acronyms.

There are many more of these shortcuts to learn. Get started by Googling industry jargon in your chosen concentration, asking existing medical sales professionals for tips, and taking detailed notes. In your application mediacl, try to use industry-specific keywords to show you’ve done your homework. Just make sure you’re using them correctly! Lastly, learn and stay on top of emerging trends in technology central to medical sales, such as:.

Professional networking is important in any field, but in medical sales, it’s essential. While the industry gets larger every day, you’ll likely encounter the same people as you progress in your career.

That’s why you need to be able to show you’re able to build and maintain lasting professional relationships. Having industry contacts sa,es also greatly improve your job placement chances.

Recruiters want to know there are other people who trust and believe in you — personally and professionally.

Mastering the art of networking sets you apart from other job seekers and shows that you’re focused on more than just earning the necessary credentials.

Even if you don’t currently have connections, you should be able to prove you’re a people person. This means getting recommendations and character references from a variety of people, including:. LinkedIn allows users to collect recommendations and references from anyone jake their network. It’s wise to join networking groups as well — both in person and online. Today’s medical sales recruiter seeks a «total picture» view of candidates.

They’re increasingly turning online to learn more about job seekers, including their interests and hobbies, personal and professional background, and. It’s important to have a strong online presence.

Creating and maintaining a personal website and portfolio is a great way to get recruiters’ attention. In addition, posting relevant and insightful information to social media shows you’re connected to current and emerging trends.

By showcasing your talent and knowledge and building an audience around your posts, you also demonstrate that others are interested in your content enough to like, follow, and share it. Required education will vary by employer, but to become a pharmaceutical sales rep, you’ll likely need a bachelor’s degree.

Here are some of the degrees dkes pharma rep can earn :. Before you start with any training program, determine how you learn best. For example, if you’re a hands-on learner, spending hours online or in a classroom simply reading information won’t help you fully grasp the concepts. On the other hand, if you prefer to learn through study guides and checklists, «learn by doing» programs aren’t the best fit.

You’ll also need to decide what kind of learning is best suited to your schedule and lifestyle. Online programs offer flexibility, however, on-site programs allow you to ask the instructor and classmates questions and receive immediate answers, rather than having to wait days for email responses.

The in-person nature of on-site learning also presents valuable networking makw. You’ll be able to make contacts and begin building a professional network that can help you find and secure pharmaceutical sales jobs while continuing your omney. Once you’re in a pharmaceutical sales role, as with any medical sales position, you’ll want to stay on top of industry information and continue to expand your sales knowledge.

Mjch often provide on-the-job training, and likely have recommendations for continuing your education. Certifications might not be required by all employers, but they can help with career advancement and improve your industry and sales knowledge. Before a pharmaceutical sales rep can begin, employers often want them to have an understanding of pharmacology, selling, and medical terminology — and the CNPR Certification program teaches this information.

Completion of the mucn helps current pharma sales reps stay up-to-date on the industry and selling techniques. And it gives individuals hod like to break into pharmaceutical sales an introduction to sales, pharmacology, and industry guidelines and standards.

Medical sales is a thriving and exciting industry. And owing to continual progress in medical technology and a growing population’s increased demand for healthcare products, there is great job security in the field and a promising future for anyone kake the passion and drive for medical sales success. If you’re trying to determine which sales role is right for you, check out these common sales job types.

Originally published Nov 27, PM, updated June 27 Contact Us.

How to Become a Medical Sales Rep

Filter by location to see Medical Device Sales Representative salaries in your area. Salary estimates are based on salaries submitted anonymously to Glassdoor by Medical Device Sales Representative employees. Is this helpful? Medical Device Sales Representative Salaries.

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Company Sizes. Years of Experience. Average Base Pay. Not enough reports to show salary distribution. Additional Cash Compensation. How much does a Medical Device Sales Representative make? Are you paid fairly? Get soes free, personalized salary estimate based on today’s market. Get Your Estimate. Filter by Location. City or Metro Area. Search for Specific Employer.