Medical Alert Systems & Monitoring

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Startup Cost
$60,000-$250,000
Difficulty
Intermediate
Time to Profit
15-30 months
Profit Potential
$75,000-$350,000/year

Overview

Medical alert companies provide emergency response systems for seniors and at-risk individuals, monitoring 24/7 and dispatching help when needed.

With 2+ million Americans using medical alert systems and aging population growing, providers generate revenue of $120,000-$420,000 annually with profit margins of 40-60% through equipment sales and monthly monitoring fees.

The business requires medical alert devices (home and mobile systems), monitoring center partnership or setup, sales and marketing infrastructure, and customer service.

Systems include home-based systems ($25-$50/month monitoring), mobile GPS systems ($30-$60/month), and fall detection ($40-$70/month).

Typical customer lifetime value $1,000-$3,000.

Success factors include reliable monitoring and response, quality equipment, compassionate customer service, sales to seniors and families, and building trust and reputation.

Most companies partner with monitoring centers rather than building own.

The business combines equipment sales or rental with recurring monthly monitoring revenue.

Fall detection and GPS mobile systems command premium pricing.

Marketing focuses on seniors, adult children concerned about aging parents, hospital discharge planning, and senior communities.

With seniors preferring aging in place and families seeking safety solutions in 2025, medical alert services offer recurring revenue opportunities for entrepreneurs providing peace of mind through 24/7 emergency monitoring helping seniors live independently safely.

Required Skills

  • Medical alert technology and systems
  • Monitoring center operations or partnerships
  • Senior customer service and support
  • Sales to seniors and adult children
  • Emergency response protocols
  • Subscription business management

Pros and Cons

Pros

  • Recurring monthly monitoring revenue
  • Growing aging population market
  • High customer lifetime value
  • Meaningful safety service for seniors
  • Strong customer retention

Cons

  • Customer acquisition costs
  • Monitoring center partnership or investment
  • Equipment inventory
  • Competitive medical alert market
  • Senior customer service demands

How to Get Started

  1. Partner with monitoring center or establish capability
  2. Source medical alert equipment and systems
  3. Develop sales and marketing to seniors
  4. Create customer onboarding and service processes
  5. Market to seniors, families, and discharge planners
  6. Provide excellent monitoring and customer service
  7. Build recurring subscriber base

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