What’s the Average Cost of Medical Device Video Production?

The use of powerful medical animations, demonstrations, and various other formats of medical device video production can be used to improve patient and caretaker understanding of various products and features associated with medical devices. Medical device video production involves visualizing valuable concepts and important ideas associated with the use of medical devices to help patients and caretakers get the most out of the devices that are delivered to them for life-enhancing or life-saving benefits. But what’s the average cost of medical device video production?

The average cost of medical device video production is between $1,000 and $10,000 per finished minute with the exception of 3D animated videos and other forms of complex animations that can cost up to or over $20,000 per finished minute to produce.

Video Cost Influencers

There are several factors that influence the cost of medical device video production.

The most common cost influencers include:

• The length of the video.
• The complexity of the video.
• The professional quality of the video.
• The style of the video.
• The timeline for production.

Videos that are 1-2 minutes long will almost certainly cost less than a medical device video that is 3-4 minutes long, and roughly half the price can be expected. However, consider the style or complexity of the video. These come into play in determining the cost of medical device video production and may actually cause a 1-2 minute video to cost substantially more than a video twice as long that is less complex.

Medical Device Animations

Animated videos typically cost more to produce than those with less animation or complexity involved in the production. Producing an animated medical device video may significantly add to production costs depending on the animation style involved and the expertise required as well as the use of any specialty software such as 3D animation programs.

Let’s take a look at the estimated cost of animated videos per minute:

• Whiteboard animation – $3,000 – $5,000
• 2D animation – $5,000 – $20,000
• 3D animation – $10,000 – $20,000
• Motion Graphics – $3,000 – $5,000

Individual Production Crew Rates

Medical device video production costs are largely dependent on the individual rates charged by crew members involved in the production. Crew member hourly rates, or day-rates, are dependent on the expertise of the member, his or her experience, and individual project needs. Below are the estimated hourly maximums for various crew members involved in producing medical device videos:

• Film Director – >$250 per hour
• Script Writer – >$150 per hour
• Cameraman – >$400 per hour
• Editor – >$175 per hour
• Actors – >$500 per hour
• Equipment – up to 100s per hour
• Studio Shooting – up to $400 per hour
• Narrator – >$400 per hour
• Audio Files – up to $1000
• Video Rendering – up to $75 per hour
• B-Roll – expect to pay a percentage between 10 and 50% of your total cost
• Miscellaneous Fees – can cost very little up to 1000s extra

As you can see, there are several professionals involved in producing animated videos for your needs. To learn more about the production process, or for a real-time quote to estimate the cost of medical device video production for your project, give Beverly Boy Productions a call today!