Diagnostic Equipment Sales & Calibration

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Startup Cost
$80,000-$350,000
Difficulty
Advanced
Time to Profit
18-36 months
Profit Potential
$95,000-$480,000/year

Overview

Diagnostic equipment companies sell and service medical diagnostic devices including EKG machines, ultrasound, patient monitors, and provide calibration and preventive maintenance.

With medical facilities requiring diagnostic equipment and regular maintenance, providers generate revenue of $180,000-$580,000 annually with profit margins of 30-45% through equipment sales and service contracts.

The business requires biomedical technician expertise, equipment inventory or manufacturer relationships, service tools and test equipment, and technical sales capability.

Products include EKG machines, pulse oximeters, blood pressure monitors, ultrasound equipment, patient monitors, and diagnostic devices.

Equipment pricing ranges from $1,000 to $100,000+.

Success factors include biomedical engineering knowledge, equipment service and calibration expertise, manufacturer certifications and training, preventive maintenance contracts, and facility relationships.

Most companies combine new equipment sales with service contracts for ongoing revenue.

Biomedical equipment testing and calibration required annually by accreditation standards.

The business often includes refurbished equipment sales at lower price points.

Marketing focuses on hospitals, clinics, physician practices, and demonstrating service expertise and competitive equipment pricing.

With facilities requiring reliable diagnostic equipment and preventive maintenance mandated in 2025, diagnostic equipment sales offer technical opportunities for biomedical professionals providing essential equipment and service maintaining facility operations and patient care quality.

Required Skills

  • Biomedical equipment and technology
  • Equipment calibration and testing
  • Preventive maintenance and repair
  • Manufacturer certifications
  • Technical sales to healthcare facilities
  • Accreditation standards (Joint Commission)

Pros and Cons

Pros

  • Service contracts recurring revenue
  • Essential equipment for medical facilities
  • Technical expertise creates barriers
  • Equipment sales higher margins
  • Required preventive maintenance

Cons

  • Biomedical training and expertise required
  • Equipment inventory investment
  • Manufacturer certifications needed
  • Competition from hospital biomed departments
  • Test equipment and tools costs

How to Get Started

  1. Obtain biomedical equipment training and certifications
  2. Establish equipment manufacturer partnerships
  3. Acquire service tools and test equipment
  4. Market to hospitals and medical facilities
  5. Provide equipment sales and demonstrations
  6. Secure preventive maintenance service contracts
  7. Build facility account relationships

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