Biomedical Equipment Repair & Maintenance

undefined

Startup Cost
$60,000-$280,000
Difficulty
Advanced
Time to Profit
12-24 months
Profit Potential
$85,000-$400,000/year

Overview

Biomedical equipment technicians repair, maintain, and calibrate medical devices for hospitals, clinics, and healthcare facilities.

With facilities requiring equipment uptime and preventive maintenance mandated, service companies generate revenue of $140,000-$480,000 annually with profit margins of 40-60% through service contracts and repairs.

The business requires biomedical training and certification, service tools and test equipment, vehicle for field service, spare parts inventory, and manufacturer training.

Services include preventive maintenance, equipment repair, calibration and testing, safety inspections, and emergency service.

Pricing typically $85-$150 per hour plus parts.

Success factors include biomedical expertise across equipment types, manufacturer certifications, fast response for critical equipment, comprehensive service contracts, and facility relationships.

Most technicians specialize in equipment categories (patient monitors, imaging, laboratory, surgical) or facilities (hospitals, clinics, dialysis centers).

The business combines scheduled preventive maintenance with emergency repairs.

Accreditation standards (Joint Commission, AAMI) require annual equipment testing.

Marketing focuses on hospitals, surgery centers, dialysis facilities, and demonstrating technical expertise and service quality.

With medical equipment critical for patient care and facilities outsourcing service in 2025, biomedical repair offers technical opportunities for certified technicians providing essential equipment maintenance keeping healthcare facilities operational.

Required Skills

  • Biomedical equipment technology and repair
  • Electronics and troubleshooting
  • Equipment calibration and testing
  • Manufacturer certifications and training
  • AAMI standards and accreditation requirements
  • Customer service for healthcare facilities

Pros and Cons

Pros

  • Essential service for healthcare facilities
  • Service contracts recurring revenue
  • Good hourly rates and margins
  • Technical specialization reduces competition
  • Critical equipment downtime drives urgency

Cons

  • Biomedical training and certification required
  • Service tools and test equipment investment
  • On-call and emergency service demands
  • Spare parts inventory costs
  • Manufacturer certification requirements

How to Get Started

  1. Obtain biomedical equipment training and certification
  2. Acquire service tools and test equipment
  3. Get manufacturer certifications for equipment lines
  4. Market to hospitals and healthcare facilities
  5. Secure preventive maintenance service contracts
  6. Provide responsive repair and emergency service
  7. Build facility relationships and expand contracts

Explore More Medical Equipment Service Ideas

Discover additional business opportunities in this category.

View All Medical Equipment Service Ideas →