Medical Device Sales Representative salary in Monaco

Average Yearly Salary of Medical Device Sales Representative in Monaco is approximately 208,367 EUR (207,660 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Medical Device Sales Representative do?

A medical device sales representative is responsible for promoting and selling medical devices to healthcare professionals, such as doctors, surgeons, and hospitals. They work closely with physicians and medical staff to understand their needs and provide appropriate product solutions. The role involves building relationships with clients, conducting product demonstrations, and providing technical support. Sales representatives must stay up-to-date with the latest advancements in medical technology and be knowledgeable about the products they sell. They also collaborate with marketing teams to develop sales strategies, attend conferences and trade shows, and meet sales targets. This occupation requires excellent communication and negotiation skills, as well as the ability to work independently and manage a territory effectively.

Skills: medical devices, sales, healthcare, medical technology, customer relations, sales targets.
Job industry: Healthcare

How much does Medical Device Sales Representative make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Medical Device Sales Representative a well paid job?

Yes, our data shows that Medical Device Sales Representative is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Medical Device Sales Representative?

High salary for Medical Device Sales Representative would be somewhere between 229,204 EUR and 302,132 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Device Sales Representative in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 208,367 EUR
Estimated Monthly Salary: 17,364 EUR
Estimated Weekly Salary: 4,007 EUR per week
Estimated Hourly Salary: 100 EUR per hour
By working as Medical Device Sales Representative a person can save up to 9,862 USD per month or 118,342 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Medical Device Sales Representative

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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