“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
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- Average Medical Rep Salary by Age & Experience
- Medical Sales Salaries by Gender
- Income for Medical Sales Reps by Travel and Location
- Medical Sales Income and Job Satisfaction
Approximately two-thirds of medical sales professionals say they are “very satisfied...
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