§1What this business is

A pulse oximeter clips on a fingertip and shows blood oxygen (SpO2) and pulse rate. The unit injection-moulds the plastic body, builds the circuit board on an SMT line (solder paste printer, pick-and-place, reflow oven, inspection machines), assembles and tests. The report plans 100 pieces a day.

Capacity: 100 oximeters a day on a 10-hour shift; year 1 is planned at 30% of capacity.

§2Is it right for you?

Who it is for

An electronics engineer with SMT experience and links to pharmacies or medical distributors.

Who it is not for

Someone without electronics background or patience for regulatory paperwork.

Advantages

  • Home health monitoring keeps growing
  • Low break-even in the report
  • The SMT line can build other small electronics
  • Small product, cheap to ship

Drawbacks

  • Medical-device licensing is required
  • Demand fell after the COVID-19 peak the report relies on
  • Cheap imports set the price
  • Needs electronics and calibration skill

Skills you need

  • SMT assembly and soldering
  • Sensor calibration and testing
  • Medical-device quality records
  • Pharmacy and distributor sales

Why difficulty 4/5: Electronics line, medical licensing and import competition.

§3Market

Who buys

  • Pharmacies and medical stores
  • Hospitals and clinics
  • Households

How it sells

  • Medical distributors
  • Online marketplaces
  • Institutional and tender supply

Good to know

  • The report bases demand on respiratory and heart patients, the elderly and COVID-19-era home monitoring.

§4Raw material & machinery

ItemQtyCost
Injection moulding machine1₹6,00,000
Solder paste printer1₹1,00,000
Pick-and-place machine1₹1,50,000
Single reflow oven1₹90,000
SPI (solder paste inspection) machine1₹1,65,000
AOI (automatic optical inspection) machine1₹4,00,000
Temperature-controlled soldering station1₹26,000
Printing machine1₹1,50,000
Testing and other equipment1 lot₹50,000

From: PMEGP sample project report — Oximeter (prepared by Udyami/Samadhan)

  • PP or PVC plastic granulesfor the casing
  • Electronic parts: controller IC, transistors, sensors, resistors, capacitors, LEDsfor the circuit board
  • Screws, springs, solder wire and flux, batteries, connectors, wiresassembly items

From: PMEGP sample project report — Oximeter (prepared by Udyami/Samadhan)

§5Licences & registration

  1. Udyam registration
  2. GST registration
  3. Medical device manufacturing licence under the Medical Devices Rules, 2017 (not mentioned in the report)
  4. State Pollution Control Board consent, if your state requires it for this activity
  5. E-waste (EPR) registration as an electronics producer, where it applies

We can do this registration for you

§6Schemes & subsidies

PMEGP (the report was made for it), MUDRA for loans up to ₹20 lakh (the report's term loan is ₹16.21 lakh), CGTMSE for a collateral-free loan, Stand-Up India for SC/ST or women founders.

§7Money

How the investment is worked out: Sample report: plant & machinery ₹17.31 L + furniture ₹0.70 L + working capital ₹6.45 L = ₹24.46 L. Premises own or rented. Term loan ₹16.21 L, own ₹2.45 L, working-capital loan ₹5.81 L.

Working capital: Working capital ₹6.45 lakh (bank ₹5.81 lakh) for 10 days of stock and 15 days of credit.

Year not printed on the sample report — check current machinery prices.

How to prepare a loan file

§8Export potential

Confirm the HS code in the DGFT ITC(HS) lookup before you export

9018.19Electro-diagnostic apparatus: other (used for patient monitoring)

Export council / board: FIEO (Federation of Indian Export Organisations)

  • HS heading from the ITC(HS) 2022 schedule; confirm the 8-digit line with DGFT or your customs broker.
  • You need an Import Export Code (IEC) from DGFT before the first shipment.

§9Risks — where people fail

  • Accuracy complaints
  • Import price competition
  • Component shortages
  • Licence or audit failure

§1030 / 60 / 90-day plan

A general plan that applies to any business. A plan for this business will be added after research.

  1. Days 1–30: Visit a working pulse oximeter manufacturing unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
  2. Days 31–60: Udyam and the licences you need (Udyam registration, GST registration), a project report (DPR), and the scheme or loan file.
  3. Days 61–90: Space and machines, trial production, and first deliveries to 10 customers.

§11Who to connect with

Not verified yet

Associations, clusters and training institutes — the directory is being built. Connect

§12Watch

There is no episode on this business yet. Shows are coming soon on the Podcast page.

Want to start Pulse Oximeter Manufacturing?

DPR, loan file or registration — ask us on WhatsApp.

Get a DPR / loan file made

Sources

  1. PMEGP sample project report — Oximeter (prepared by Udyami/Samadhan)

Data review: 6 October 2026. Spotted a mistake? Report it. For information only — not legal or financial advice.