Medical Sales Salary Report

“How much do med reps earn?” That’s the question the very first MedReps.com Salary Report set out to answer back in 2011. Today, according to the 2015 Medical Sales Salary Report, professionals working in medical sales jobs earn an average income of $141,464, with an average base salary of $80,681. Those figures can vary significantly though, and this report explores how and why.

The 2015 Medical Sales Salary Report not only looks at the average income of medical sales reps, but it also details how income is affected by a variety of different factors such as the type of product a medical rep sells, their specific job title, how much they travel, how much experience they have, and even things that seemingly shouldn’t impact earnings, such as age and gender.

Average Medical Sales Salaries by Product Sold

While people outside the industry may only think of pharma reps or medical device reps when they hear the term “healthcare sales” or “medical sales,” for our purposes, the term “medical sales” refers to professionals selling pharmaceuticals and devices, but it also includes those selling medical disposables, lab and diagnostic equipment, capital equipment, healthcare software or IT services – really any product or service sold into a healthcare market.

So which products bring in the most cash? In 2015, the top-earners were once again those with health IT and healthcare software sales jobs. These hard-working professionals report an average income of $169,881 (Med. $155,000). Professionals with surgical sales jobs and biotech sales jobs earned the second and third highest average incomes, respectively, though the median incomes for all three of the top product categories were equal at $155,000. Biotech sales professionals earn the highest average base salaries.

• Average Income by Job Title and Company Size 

It’s no surprise that Sales Directors and Sales VPs earn the highest medical sales salaries...

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• Average Medical Rep Salary by Age & Experience

You might expect those with the most experience to earn the highest average medical sales salaries, but this is not always the case...

• Medical Sales Salaries by Gender

Medical sales reps are far more likely to be men than women...

• Income for Medical Sales Reps by Travel and Location

Geography can also impact how much medical sales professionals earn – from how much a medical sales rep travels, to where they live...

• Medical Sales Income and Job Satisfaction

Approximately two-thirds of medical sales professionals say they are “very satisfied...

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