Top Reasons to Get into Medical Device Sales in 2021 | Become a Medical Sales Rep

Summary

In this video, Punkest Oil discusses the advantages of transitioning from a career in pharma sales to the medical device industry. Highlighting opportunities for significant financial growth, innovative products, and high job satisfaction, he emphasizes the respect earned from healthcare professionals and the dynamic nature of the field. The industry offers flexibility, personal development, and the chance for global travel. Oil encourages those feeling stagnant in pharma to consider medical device sales for a rewarding career that makes a tangible impact on patient care.

Takeaways

• 😀 The medical device industry encompasses a wide range of equipment, including surgical devices and diagnostic tools.
• 😀 Career opportunities in medical devices can offer significantly higher salaries compared to traditional pharma roles.
• 😀 Professionals in this field can work with innovative products and cutting-edge technologies.
• 😀 Medical device sales representatives gain respect from healthcare professionals as they act as consultants.
• 😀 Job satisfaction rates in the medical device industry are high, with many professionals feeling fulfilled in their roles.
• 😀 The industry provides opportunities for travel and exposure to diverse cultures through conferences and workshops.
• 😀 Flexibility and autonomy in managing schedules are key benefits of working in medical device sales.
• 😀 Career growth is supported by extensive training programs offered by leading medical device companies.
• 😀 Professionals get to engage with various stakeholders, enhancing their business acumen and skills.
• 😀 Transitioning from pharma to medical device sales can reinvigorate one’s career and offer new challenges.

Q & A

What is the medical device industry?

The medical device industry encompasses a broad range of products, including medical equipment, surgical devices, and diagnostic tools used for treating various diseases.

What are the salary ranges in the medical device industry?

Salaries in the medical device industry can range from 5 to 30 lakhs annually, significantly higher than salaries in the pharmaceutical sector.

What kind of products do medical device sales professionals sell?

They sell innovative products that include high-end equipment like x-rays and CT scans, as well as surgical devices like implants and diagnostic tools.

What is the job satisfaction rate among medical device sales professionals?

According to a 2016 survey, 74% of sales professionals in the medical device industry reported being satisfied or highly satisfied with their jobs.

What opportunities for travel are available in this industry?

Medical device sales professionals often travel for conferences, meetings, and workshops, allowing them to explore different cultures and meet various stakeholders.

How does working in medical device sales differ from working in pharmaceuticals?

Medical device sales involve more direct interaction with healthcare professionals in clinical settings and often offers a faster-paced, dynamic work environment.

What kind of training is available for employees in the medical device industry?

Top companies provide world-class training programs covering skills such as leadership, emotional intelligence, and negotiation, which help employees grow in their careers.

What is meant by 'flexibility' in medical device sales jobs?

Medical device sales positions typically offer autonomy in scheduling and managing tasks, allowing professionals to act more like business owners.

How can someone transition from pharmaceuticals to medical devices?

Those feeling stagnant in pharmaceuticals are encouraged to consider medical device sales for its dynamic nature and potential for personal and financial growth.

What resources are available for preparing for a job in medical device sales?

The speaker offers videos with tips for online interviews and insights from hiring managers to help candidates prepare effectively.