Probo Medical

What Probo Medical does

Probo Medical is a global provider of diagnostic imaging solutions, headquartered in Fishers, Indiana, and operating additional facilities in West Jordan, Utah; Gloucester, UK; Oakville, Canada; and France. The company sells and rents new and refurbished diagnostic imaging equipment across eight modality categories — MRI, CT, ultrasound, X-ray, nuclear medicine, PET/CT, C-arms, and bone mineral densitometry — plus a dedicated veterinary imaging line and a monitoring portfolio (ECG, Holter, stress test, vital signs). Its parts and accessories catalog spans ultrasound probes, MRI coils, CT parts, endoscopy equipment, and biomedical components from major OEMs including GE HealthCare, Philips, Siemens, Canon, Mindray, and Hologic.

The technical backbone is a proprietary refurbishment and quality management system: the Probo re:new process restores diagnostic imaging equipment to like-new condition through selection, testing, component replacement, cosmetic restoration, and quality assurance, conducted at multiple ISO 13485 certified facilities. The company operates a 17,000+ SKU e-commerce storefront alongside enterprise field sales and a Federal Supply Schedule channel via a partnership with Maclean Group LLC (FSS Contract 36F79723D0201).

The business model blends one-time equipment sales, recurring rental and financing streams, professional repair services (ultrasound probe, MRI coil, endoscope, Trophon repair), field service contracts, applications and service training, and parts distribution. Customer segments are diversified across hospitals and health systems, cardiology practices, women's health, pain management, veterinary practices, freestanding imaging centers, and federal healthcare providers (VA/DoD). The company has executed 15+ acquisitions since 2019, is backed by private equity sponsor Avista Capital Partners, and is led by CEO Mike Dilick (effective January 2026), with Greg Kopulos (ex-GE Healthcare COO) having served as CEO from September 2024.

Name

Probo Medical

Legal name

Probo Medical

Website

https://probomedical.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Probo Medical is a global provider of new and refurbished diagnostic imaging equipment, parts, and repair services spanning MRI, CT, ultrasound, X-ray, nuclear medicine, and PET/CT, serving hospitals, cardiology practices, veterinary clinics, imaging centers, and federal healthcare providers.

Ownership category

akta.pro rank

Product category

Diagnostic Imaging Equipment

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (3391), Electronic and Precision Equipment Repair and Maintenance (8112)

SIC

Surgical & Medical Instruments & Apparatus (3841), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Imaging Equipment & Accessories (X-ray, Ultrasound, Endoscopy) (HLAMAFAC)

Keywords

• Diagnostic imaging equipment
• Refurbished medical imaging
• Ultrasound systems sales
• Medical imaging repair services
• Veterinary imaging equipment

Headquarters

HQ city

Fishers

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Equipment Sales: Sale of new and refurbished diagnostic imaging equipment including MRI, CT, Ultrasound, X-ray, Nuclear Medicine, PET/CT, C-arms, BMD, and veterinary equipment. Equipment is sold through direct sales and e-commerce channels.
2. Equipment Rentals: Short and long-term rental of diagnostic imaging equipment to healthcare providers, imaging centers, and veterinary practices. Rentals provide lower upfront costs for practices needing temporary equipment or wanting to evaluate demand before purchasing.
3. Repair Services: Repair services for ultrasound probes, MRI coils, endoscopes, and other medical imaging equipment. Services include both in-house repairs and field service engineer support.
4. Parts and Accessories Sales: Sale of replacement parts and accessories for diagnostic imaging equipment across all modalities. Parts are sourced from harvesting, OEM suppliers, and third-party vendors.
5. Equipment Financing: Financing options for customers to purchase diagnostic imaging equipment through installment payment plans rather than upfront purchases.
6. Training Services: Applications training and service training courses for diagnostic imaging equipment operators and biomedical technicians.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Probo Medical sells new and refurbished diagnostic imaging equipment (ultrasound, MRI, CT, PET/CT, nuclear medicine, X-ray, C-arms, and bone densitometry) and patient monitoring equipment to healthcare providers and veterinary practices. The company also supplies replacement parts and accessories for all major imaging modalities and offers a full suite of services including equipment refurbishment, repair (ultrasound probes, MRI coils, endoscopes), rentals, field service engineering, installation/deinstallation, applications and service training, and equipment financing.

Product overview

Probo Medical is a global provider of diagnostic imaging solutions offering a comprehensive portfolio of medical equipment, parts, and services. The company operates as a multi-modality imaging platform providing new and refurbished diagnostic imaging equipment across eight core product categories: Ultrasound Machines (including veterinary-specific systems), CT Scanners, MRI Scanners, Nuclear Medicine Equipment, PET & PET/CT Scanners, C-arms, X-ray Machines, and BMD (Bone Mineral Densitometry) systems. Supporting the equipment portfolio is a full-service platform including Field Service engineering, Equipment Refurbishing (ISO 13485 certified), Equipment Rentals, Installation/Deinstallation services, Probe and Coil Repair, Endoscope Repair, Applications Training, Equipment Financing, and Group Purchasing Contracts. The company also maintains an extensive Parts & Accessories division offering biomedical parts, ultrasound probes, MRI coils, CT parts, and specialized components across all imaging modalities. The product architecture combines direct equipment sales with service contracts, repair capabilities, and training programs, creating a unified diagnostic imaging solutions platform supported by strategic acquisitions including Alpha Source Group, Davis Medical Electronics, National Ultrasound, Ultra Select Medical, Canute Medical, and REMETRONIX.

Differentiator

Problem solved

Functional benefit

Products and services

• BMD (Bone Mineral Densitometry) Machines

Quantifiable outcome

• 30-70% cost savings compared to new equipment through refurbished options
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Maclean Group LLCcoreGTM or Marketing Partner · 19 January 2026Partnership to offer ultrasound probe and endoscopy repair services through the Federal Supply Schedule (FSS Contract Number: 36F79723D0201). This partnership enables federal agencies including VA hospitals and DoD facilities to efficiently procure Probo's repair services through government procurement channels. The goal is to reduce downtime and costs for government healthcare providers.

Scale indicators4 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Mindray: OEM of patient monitoring, ultrasound, and in-vitro diagnostic equipment with growing US presence. Supplies new equipment that Probo distributes and refurbishes, and competes in lower-cost new equipment segments.
• GE HealthCare: Major OEM of MRI, CT, ultrasound, PET, and X-ray systems - the principal competitor and parts source for Probo. Operates certified pre-owned programs that compete directly with Probo's refurbished offerings.
• Siemens Healthineers: Global OEM of imaging and diagnostic equipment. Provides key parts and components that Probo refurbishes, while also competing in new and refurbished imaging sales.
• Philips Healthcare: OEM across imaging, patient monitoring, and cardiology. Both a parts/component supplier to Probo's refurbishment pipeline and a competitor in new and certified pre-owned imaging equipment.
• Agiliti Health: Larger medical equipment management and services company offering equipment rentals, service, and clinical engineering. Overlaps with Probo's rentals and field service lines but at much broader scale across acute care providers.

Direct peers

• Avante Health Solutions: Direct competitor in refurbished and remarketed medical equipment across surgical, imaging, and monitoring modalities. Highly comparable in business model (refurbishment, sales, rentals, parts, and service) and customer base (hospitals, surgery centers, veterinary).
• Block Imaging: Refurbished diagnostic imaging equipment provider (MRI, CT, X-ray, ultrasound) with parts, service, and rentals. Competes head-to-head with Probo in the refurbished imaging channel, especially in the US hospital and imaging center segment.
• Soma Tech Intl: Refurbished medical equipment dealer offering new and refurbished surgical, imaging, and monitoring equipment with parts and service. Closely comparable product mix (ultrasound, MRI, CT, patient monitors) and customer profile to Probo.

Emerging players

• Esaote: European-based OEM focused on ultrasound and dedicated MRI, with a meaningful veterinary imaging presence. Competes with Probo in the refurbished ultrasound market and supplies new systems into veterinary and specialty care.

Regional players

• Sound Technologies (a division of Antech Diagnostics / Mars Petcare): Specialized veterinary imaging distributor and service provider for ultrasound, X-ray, and other modalities. Direct competitor in Probo's named-primary veterinary imaging segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/probomedical
• Facebookfacebook.com/probo-medical-170445406626658

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A15 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Probo Medical