Innovatus Imaging

What Innovatus Imaging does

Innovatus Imaging is a specialized medical imaging device repair and manufacturing company that serves healthcare facilities, hospital networks, clinical engineering and healthcare technology management (HTM) departments, and third-party service organizations. Founded in September 2017 through the combination of Bayer Multi Vendor Service, Wetsco Inc., and MD MedTech, the company has a cumulative operating legacy of 30+ years across its predecessor entities and operates through three Centers of Excellence: Ultrasound Probe Repair in Tulsa, OK; MRI Coil Repair in Pittsburgh, PA; and Engineering, Testing, Regulatory Compliance, and Manufacturing in Englewood/Denver, CO.

The company's core offering is repair services for ultrasound probes and MRI coils, supported by proprietary Data-Driven Repair (DDR) and Evidence-Based Repair (EBR) methodologies built on failure-analysis data from 160,000+ successful probe repairs and 50,000+ MRI coil repairs. Repair coverage spans 100+ fully repairable probe models and 350+ models with significant repair capabilities. Specialized programs include RapidRepair (3-5 day turnaround with next-day loaner availability), SafeTEE preventive maintenance (claimed to reduce TEE probe failure rates by up to 70%), and TotalRepair (swap at repair price pioneered in 2008). The Englewood facility is FDA-registered for design and manufacturing of specialty ultrasound probes and acoustic arrays, with in-house rapid prototyping, injection molding, precision machining, and 3D printing, while all facilities operate under ISO 13485:2016 quality management.

The business model is primarily transactional per-repair service fees, with prices positioned at a small fraction of OEM replacement cost (e.g., GE Air Coil comprehensive repair at $5,000-$8,000 vs. $80,000-$100,000+ OEM replacement, roughly 7%). Go-to-market combines direct enterprise field sales, inside sales/customer care, trade show participation at HTM conferences (MD Expo, ICE), digital self-service via quote/loaner request forms, and educational content marketing. The company is privately held and headquartered in Pittsburgh, PA, with international operations in the Netherlands, and is backed by Resilience Capital Partners.

Name

Innovatus Imaging

Legal name

Innovatus Imaging

Website

https://innovatusimaging.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Innovatus Imaging repairs and manufactures ultrasound probes and MRI coils for hospitals, HTM departments, and third-party service organizations, operating three Centers of Excellence across the U.S. with FDA-registered manufacturing and ISO 13485 certification.

Ownership category

akta.pro rank

Product category

Medical Imaging Equipment Repair Services

NAICS

Electronic and Precision Equipment Repair and Maintenance (811210), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Ultrasound & Echography Systems (HLAHABAD)

akta.pro secondary industry

Intraoperative Imaging & Guidance (C-arms, O-arm, IOUS, fluorescence) (HLAHADAH)

Keywords

• Ultrasound probe repair
• MRI coil repair
• Medical imaging device services
• Specialty ultrasound probe manufacturing
• Healthcare technology management

Headquarters

HQ city

Englewood

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Ultrasound Probe Repair Services: Comprehensive repair services for ultrasound probes including standard probes, TEE probes, and 3D/4D volumetric probes. Repairs include full restoration to OEM form, fit and function with warranty coverage of 12 months for standard probes and 6 months for specialty probes. Revenue is generated through per-repair transaction fees.
2. MRI Coil Repair Services: Repair services for MRI coils including GE Air coils, Philips dStream coils, and other models. Services include comprehensive repair addressing all worn components with 6-month warranty. Revenue generated through per-repair transaction fees.
3. Design and Manufacturing: FDA-registered manufacturer of specialty ultrasound probes and acoustic arrays. Also fabricates replacement parts for internal repair operations and manufactures specialty medical devices. Revenue from both product sales and custom manufacturing services.
4. Loaner Device Program: Vast inventory of loaner ultrasound probes and MRI coils available to customers during repair periods. Loaners are provided at no charge with next-day delivery in most cases, supporting the core repair business.
5. Training and Consulting Services: Failure Mitigation Training programs and preventive maintenance consulting services to help healthcare facilities reduce failure rates and optimize device management. Clients implementing recommendations have lowered failure rates by 50% and service costs by 44%.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Innovatus Imaging designs, develops, and distributes specialty ultrasound probes and acoustic arrays through an FDA-registered manufacturing operation, and provides comprehensive repair services for ultrasound probes and MRI coils across more than 350 probe models. The company operates three Centers of Excellence — Ultrasound Probe Repair (Tulsa, OK), MRI Coil Repair (Pittsburgh, PA), and Design & Manufacturing (Englewood/Denver, CO) — under an ISO 13485:2016 quality system, supported by proprietary Data-Driven Repair and Evidence Based Repair methodologies developed over 30+ years and 160,000+ documented repairs.

Product overview

Innovatus Imaging is a medical imaging device repair and manufacturing company with three Centers of Excellence: Ultrasound Probe Repair (Tulsa, OK), MRI Coil Repair (Pittsburgh, PA), and Design and Manufacturing (Denver, CO). The company offers comprehensive repair services for ultrasound probes (including RapidRestore, RapidRepair, SafeTEE programs) and MRI coils, along with an FDA-registered design and manufacturing operation for specialty ultrasound probes. Their TotalRepair swap-at-repair-price program and extensive loaner inventory complement the core repair services. The company supports over 100 fully repairable probe models and 350+ with significant repair capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Ultrasound Probe Repair Comprehensive ultrasound probe repair services across more than 350 probe models (100+ fully repairable), restoring probes to OEM form, fit, and function with up to a 12-month warranty on standard probes and 6 months on specialty probes. For healthcare facilities, HTM/Clinical Engineering departments, and third-party service organizations.
• MRI Coil Repair MRI coil repair services covering GE Air coils, Philips dStream coils, and other models, addressing all worn components with a 6-month warranty and including specialized Fiber Optic Testing for Philips dStream coils. For hospital imaging departments, radiology providers, and ISOs.
• Design and Manufacturing FDA-registered design, testing, and development of specialty ultrasound probes and acoustic arrays, including custom part fabrication and replacement part manufacturing. For OEMs requiring specialty manufacturing capacity and other specialty medical device needs.
• RapidRestore Ultrasound probe repair service focused on rapid turnaround times to restore devices to OEM performance level. For healthcare facilities needing minimized ultrasound probe downtime.
• RapidRepair Expedited repair program for ultrasound probes and MRI coils, delivering 3-5 day turnaround for TEE probes and next-business-day MRI coil repairs at the quality standard of an exchange. Includes next-day loaner availability. For healthcare facilities and ISOs needing to minimize imaging-suite downtime.
• SafeTEE TEE probe preventive maintenance program designed to reduce probe failures by up to 70%, including annual preventive maintenance visits (bending rubber replacement, articulation range-of-motion adjustment, lens seal replacement). For healthcare facilities seeking to lower TEE probe support costs and reduce failure rates.
• TotalRepair Swap-at-repair-price program that allows customers to exchange their failed probe for a like-new loaner at the cost of a repair, providing upfront confidence that the probe is repairable across 100+ fully repairable probe models. For healthcare facilities and ISOs seeking predictable repair economics and zero-risk device exchange.

Quantifiable outcome

• Repairs at approximately 7% of OEM replacement cost ($5,000-$8,000 vs $80,000-$100,000 for GE Air coils)
• +9 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Three partnerships are on record, tiered foundational.

• Bayer Multi Vendor ServicefoundationalOthers · 1 September 2017One of three predecessor companies that combined to form Innovatus Imaging in September 2017. Bayer Multi Vendor Service contributed expertise in imaging device service and multi-vendor support capabilities.
• Wetsco, Inc.foundationalOthers · 1 September 2017One of three predecessor companies that combined to form Innovatus Imaging in September 2017. Contributed to the combined expertise and resources that formed the company's foundation.
• MD MedTechfoundationalOthers · 1 September 2017One of three predecessor companies that combined to form Innovatus Imaging in September 2017. Contributed expertise in medical device technology and service capabilities.

Scale indicators15 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Conquest Imaging: Independent third-party ultrasound probe repair specialist supporting a wide range of OEM models; directly comparable to Innovatus Imaging because it competes head-to-head for hospital, ISO, and biomed probe repair contracts using similar pricing and turnaround time economics.
• Probo Medical: Provider of ultrasound probe repair, refurbishment, sales, and probe exchange programs across multiple OEM brands; comparable to Innovatus because the two compete for the same target customer base (hospitals, ISOs, third-party service organizations) on similar probe repair and exchange offerings.
• Master Medical Equipment: Ultrasound probe and transducer repair company serving hospital imaging departments and independent service organizations; comparable to Innovatus as a direct competitor in third-party ultrasound probe repair with overlapping customer segments and similar transaction-based revenue model.
• ReMedPar: Independent service and parts provider for ultrasound, MRI, CT, and X-ray imaging equipment, offering repair, replacement parts, and field service; comparable to Innovatus because both serve the same healthcare provider and ISO customer base with independent imaging equipment repair and parts distribution.
• MXR Imaging: Provider of new, refurbished, and used medical imaging equipment along with repair services and parts across MRI, CT, ultrasound, and X-ray; comparable to Innovatus because it overlaps in MRI coil and ultrasound probe repair and serves hospitals and imaging centers with similar independent service offerings.
• Soma Tech International: Refurbished medical equipment sales, repair, and parts provider covering imaging, surgical, and patient monitoring equipment; comparable to Innovatus as a peer in independent imaging equipment service, repair, and parts with overlapping customer profiles in hospitals and clinical engineering departments.
• National Ultrasound: Independent reseller and refurbisher of ultrasound systems and probes offering trade-in, repair, and probe exchange programs; comparable to Innovatus because both serve hospitals and imaging centers seeking cost-effective ultrasound probe solutions outside OEM channels.

Broad incumbents

• TRIMEDX: Large healthcare technology management (HTM) and clinical engineering services provider serving hospitals across multiple modalities; comparable to Innovatus as both a customer (one of Innovatus's named accounts) and a broader incumbent that could vertically integrate probe/coil repair capabilities, competing for similar service spend.
• Agiliti Health: Public medical equipment management and service company offering equipment rental, maintenance, and clinical engineering across imaging modalities; comparable to Innovatus as a broader-scale incumbent in healthcare equipment services with overlapping customers and competing on imaging lifecycle management solutions.
• GE HealthCare: Global OEM of ultrasound, MRI, CT and other imaging equipment with its own extensive service and parts organization; comparable to Innovatus as the principal OEM whose equipment (e.g., GE Air coils, GE 6VT-D probes) is the foundation of Innovatus's repair business and against whose service contracts Innovatus competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/InnovatusImagi1
• YouTubeyoutube.com/channel/UClfcjRTz6t42uxQUaN7XZ3g
• Facebookfacebook.com/InnovatusImagingTeam
• LinkedInlinkedin.com/company/innovatusimaging

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about Innovatus Imaging