Medical Device Sales Academy
Which Medical Sales Job Pays the Most?
Pharma and medical device firms are also responsible for healthcare innovation and offer some of the highest-paying sales jobs. They are relevant to different economic industries. They act as a bridge between health professionals and medical device development. These skilled professionals use innovative medical developments and communication to sell the products. The demand for salespeople who can articulate the benefits of advanced solutions is increasing alongside the growing demand for advanced healthcare solutions. Pharma and medtech firms are also ready to pay a premium for this expertise.
We’ve compiled this guide to help representatives maximize their earning potential by highlighting which business enterprises pay the most and providing a roadmap. This post will show which pharma and medical device businesses have the highest pay for sales positions and what percentage reach quota at those companies.
This blog will discuss the leading medical device sales jobs where you can find the best compensation if you’re starting out or searching for your next opportunity.
Top Paying Pharmaceutical and Medical Device Sales Jobs
Here are some of the leading companies you can consider working with that offer lucrative salaries and incentives:
1. Karl Storz
It is a family business that develops, manufactures, and sells endoscopic and medical imaging instruments used in human and veterinary medicine. The company offers various products for minimally invasive surgical procedures and innovative imaging and OR integration solutions.
Karl Storz says its AEs earn $110,000 base and $320,000 on-target, with 25% quota achievement. Top performers say they made $766.7K.
2. RapidAI
This company develops the most accurate devices for identifying, treating, and monitoring vascular and neurovascular diseases. The machines can detect conditions such as pulmonary embolism, aneurysm, and stroke. They improve patient results by helping healthcare providers make informed decisions using next-generation machine learning and imaging analysis.
At RapidAI, the enterprise affiliate managers say they can get an average base salary of $125,000 and on-target earnings of $270,000 on a 13% quota achievement. High achievers claim to make $314,000.
3. Cutera
They are a top supplier of energy-based aesthetic solutions using light, lasers, and others to professionals worldwide. These solutions range from vascular diseases and hair removal to body sculpting and rejuvenation. Concentration has been made on developing new solutions that improve the efficiency of dermatology and cosmetic treatments.
On average, at Cutera, Account Executives report $650,000 base pay, $305,000 on-target earnings, and 60% quota attainment. Top performers report gaining $876,000.
4. Olympus
It is one of the world’s best innovative medical and surgical technology providers, well known for its technically superior endoscopic equipment and systems. They develop specialized tools for gastrointestinal, respiratory, and surgical applications. Its expertise includes energy devices, endoscopic imaging, and minimally invasive surgical instruments. Such products and services will deliver minimally invasive, therapeutic, and diagnostic treatments to improve patient care and clinical outcomes in any healthcare facility worldwide.
According to Olympus Account Executives, they are on target at $190K after hitting a quota of 58%. The base salary is reportedly $50K. High-end estimates show top performers may earn up to $310,000.
5. Medtronic
It offers many medical technologies, including therapies and devices for treating diabetes, musculoskeletal, neurological, spinal disorders, and cardiac and vascular diseases. The product portfolio includes cardiac rhythm management devices, insulin pumps, surgical instruments, and patient monitoring systems that improve patient care and health outcomes.
Medtronic Enterprise Account Executives earn an average base salary of $95,000, on-target earnings of $230,000, and a 54% quota attainment. Top performers earn around $346,000.
6. Stryker
They develop medical technologies, including spine care products, orthopedic solutions, Neuro technology devices, and surgical equipment. The equipment is designed for minimally invasive procedures and attempts to improve clinical outcomes and patient care in various healthcare settings.
Stryker AE’s report makes $50K in base and $220K in on-target earnings, with a 59% quota attainment rate. Top performers claim to make $623.1K.
7. Invitae
The company offers a broad range of genetic testing in oncology, cardiology, neurology, women’s health, and other fields. It seeks to integrate genetic information into routine medical practice and empower people and healthcare professionals to make informed decisions about health.
At Invitae, AEs report making $140,000 in base pay and $200K in on-target earnings, with a 73% quota attainment—people with the highest sales claim to make up to $700K.
8. Teleflex
They are the leading supplier of products that help healthcare professionals improve patient care while ensuring better results. The devices developed range from vascular treatment and surgery to anesthesia, cardiac care, urology, emergency medicine, and respiratory care.
Teleflex Account Executives reported $95,000 in base salary and $210,000 in on-target earnings with a 45% quota attainment rate. The highest-paid representatives said they made $330,000 per year.
9. Zoll
They offer various emergency care and resuscitation products, including ventilators, wearable defibrillator devices, temperature control systems, and defibrillators. These are oriented toward use in public places and hospitals and aim to care for cardiac arrest patients and those in critical condition to increase survival eventually.
AEs at Zoll average a base salary of $65K and on-target earnings of $205K with attainment of 53%. Top performers claim to make as much as $512,000.
10. Integra Life Sciences
This company’s mission is to design, manufacture, and market innovative products that help physicians and their patients with many types of surgery. These solutions raise standards of living and result in better outcomes. Only some of these products are related to neurosurgery, wound care, and tissue repair, which shows the company’s interest in improving health care in many medical specialties.
AEs at Integra Life Sciences report making $40K in base and $225K in on-target earnings, they also report a 52% quota attainment rate. High-performing agents say they make $462.5K per year.
Conclusion
The most highly paid medical device sales represent leading medical device and pharmaceutical companies. Of those on this list, some stand out for their overall benefits package and earning potential for top performers: Karl Storz, Cutera, and Invitae. These positions compensate well for their successful employees and require fluent communication regarding the benefits of leading-edge healthcare solutions. Working in these high-paid companies will ensure a sales representative can maximize profit and succeed in these fast-moving and highly competitive medical device sales jobs.
The David Bagga Company is ideal for medical device sales training or recruitment. We have only been providing services to the B2B and medical device industries. Our business is one of the leading medical sales recruiters in the US, supplying skilled and productive salespeople. If you’re trying to find the best talent available, contact us.
