Source Medical

What Source Medical does

Source Medical is a UK-based healthcare technology company operating as a private limited subsidiary of the Carbon 10 Group, headquartered at Ensign House in High Wycombe, Buckinghamshire, with a registered office in Reading. The company supplies medical devices and procurement services to NHS trusts, hospitals, and community healthcare providers across the UK and Ireland, positioning itself as a vendor-neutral, single-source solution for medical technology procurement. Core offerings include the proprietary CBS02 3D bladder scanner developed in-house for community and bariatric use, distribution partnerships for BD BodyGuard T infusion pumps and Spirit Fitness rehabilitation equipment, and turnkey procurement services covering equipment standardisation, asset replacement, disposal, and remarketing.

The HEMS Asset Management System underpins the company's ARP (Asset Replacement Programme) and ESP (Equipment Standardisation Programme) service lines, evaluating equipment typology, performance, reliability, and whole-life costs while maintaining audit trails that support CQC and MHRA compliance. Source Medical generates revenue across four streams: hardware sales of medical devices and consumables, professional services for impartial procurement advice, subscription-based remote environmental monitoring via cloud-connected wireless sensors, and managed turnkey project delivery. The go-to-market is sales-led with dedicated account managers per customer, supported by a small direct salesforce (1-10 employees per firmographic data) and basic digital channels.

The company is leveraging its parent ecosystem - notably the sister-company relationship with BCAS Biomed - to bid for large-scale NHS managed equipment service contracts that would exceed its standalone delivery capacity. More recently, Source Medical has extended beyond its healthcare base with a Remote Environmental Monitoring IoT service applicable across food & beverage, construction, energy, utilities, buildings & housing, and Industry 4.0 sectors. Documented NHS customers include Worcestershire Acute NHS Trust, North West Boroughs Healthcare NHS Foundation Trust, and Cardiff & Vale NHS Trust.

Name

Source Medical

Legal name

Source Medical Limited

Website

https://sourcemed.co.uk

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Source Medical is a UK-based healthcare technology company and Carbon 10 Group subsidiary that supplies medical devices, equipment standardisation services, and IoT environmental monitoring solutions primarily to NHS trusts and healthcare organisations across the UK and Ireland.

Ownership category

akta.pro rank

Product category

Medical Devices and Healthcare Technology Services

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (33911)

SIC

Surgical & Medical Instruments & Apparatus (3841), Electromedical & Electrotherapeutic Apparatus (3845), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices) (HLACAPAK)

akta.pro secondary industries

Connected Medical Devices & Wearables (Sensors, Patches, Implantables) (HLACAPAB), Connected Therapeutics & Smart Drug Delivery Monitoring (HLACAFAL)

Keywords

• Medical device supply
• Healthcare technology services
• Bladder scanning equipment
• Equipment procurement consultancy
• Remote environmental monitoring

Headquarters

HQ city

High Wycombe

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Medical Devices Sales: Sale of medical devices including bladder scanners, infusion pumps, and fitness/rehabilitation equipment. One-time hardware sales with associated consumables and accessories.
2. Equipment Standardisation & Asset Replacement Programmes: Professional services providing impartial advice on equipment standardisation and asset replacement. Includes evaluation of equipment typology, variations, performance, reliability, and whole life costs. Results in noticeable improvements to efficiency, cost-savings, and optimised patient outcomes.
3. Remote Environmental Monitoring: IoT-based environmental monitoring solutions with wireless sensors and cloud-based software for real-time data collection and alerts.
4. Turnkey Healthcare Solutions: Full turnkey solutions from procurement to technology implementation including disposal and remarketing of old equipment, enabling large-scale projects with tailored consultancy services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Source Medical supplies medical devices and delivers healthcare technology services to NHS trusts, hospitals, and community healthcare providers. Core offerings include the proprietary CBS02 3D Bladder Scanner, BD BodyGuard T infusion pumps, Spirit Fitness rehabilitation and cardiovascular equipment, ARP & ESP equipment standardisation and asset replacement programmes, and an IoT-based Remote Environmental Monitoring solution with cloud dashboard and alerting.

Product overview

Source Medical is an independent UK healthcare technology company offering turnkey procurement and technology solutions for healthcare organisations. The company operates as a subsidiary of the Carbon 10 Group and provides a portfolio of medical devices and services. Core products include the CBS02 3D Bladder Scanner, BD BodyGuard T infusion pump, and Remote Environmental Monitoring IoT solution with wireless sensors. The company also distributes Spirit Fitness rehabilitation and fitness equipment through a partnership with Spirit Fitness. Service offerings include Technical Audit Solutions comprising Asset Replacement Programme (ARP) and Equipment Standardisation Programme (ESP), which utilise the proprietary HEMS Asset Management System for equipment evaluation and audit trail maintenance. The company delivers these solutions through dedicated account managers, providing equipment standardisation, replacement programmes, and technology implementation services.

Differentiator

Problem solved

Functional benefit

Products and services

• CBS02 Bladder Scanner A small, lightweight proprietary 3D bladder scanner developed by Source Medical for rapid measurement of bladder volume in adult, paediatric, and bariatric patients. Designed for community healthcare and home visit use, featuring a 2600mAh lithium-ion battery with up to 5 hours of continuous operation, B-mode for precise alignment, and a real-time patient mode allowing scanning depth changes on the fly. Sold to NHS trusts and community healthcare providers.
• BD BodyGuard T Infusion Pump An infusion pump distributed in partnership with BD (Becton Dickinson), designed for palliative care and delivery of medication or fluids at precisely controlled rates via intravenous, subcutaneous, percutaneous, and intraoperative routes. Features a volume drug detection algorithm, code-protected settings, automatic alarms, lock-boxes, and weighs 277g with battery for patient mobility. Targeted at healthcare providers and palliative care teams.
• Spirit Fitness Rehabilitation and Fitness Equipment Commercial and healthcare-grade strength and cardiovascular fitness equipment distributed through a partnership with Spirit Fitness, including the 800+ Series for durability and reliability and the 900 Series flagship line with LED console or TFT Touch Screens. All equipment carries a 3-year warranty and is sourced from ISO-certified factories. Sold to healthcare providers, rehabilitation services, and fitness facilities.
• ARP & ESP Solutions (Asset Replacement and Equipment Standardisation Programmes) Professional service providing impartial, vendor-neutral advice on medical device procurement, including evaluation of equipment typology, age profiling, performance, reliability, whole-life costs, and OEM support analysis. Delivers cost and efficiency benefits plus optimised patient outcomes for NHS trusts and healthcare organisations undertaking large-scale equipment standardisation and replacement projects.
• Remote Environmental Monitoring Solution Cloud-based IoT solution using wireless sensors to capture real-time environmental data including temperature, humidity, CO2, VOCs, carbon monoxide, particulate matter, pressure, Legionella, radon, ozone, noise, and people counter metrics. Includes a customisable dashboard, immediate alerting via call, text, or email when measurements fall out of predefined ranges, and operates without integration into existing IT infrastructure. Sold on a recurring subscription basis to customers across healthcare, food & beverage, construction, energy, utilities, buildings & housing, and Industry 4.0 sectors.

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• BCAS BiomedcoreImplementation/ SI/ Consulting PartnerSister company within Carbon 10 Group offering Managed Equipment Service. ISO 9001 and 13485 certified engineering experts providing service support for Spirit Fitness equipment. Source Medical often works closely with BCAS Biomed combining resources to upscale service provisions and enable large-scale projects and consultancy services.
• Carbon 10 GroupcoreOthersParent company of Source Medical. Carbon 10 Group is the holding company providing structure and resources for the healthcare technology subsidiary.
• Spirit FitnesscoreChannel Partner/ Reseller/ DistributorSource Medical has built a strong working relationship with Spirit Fitness to deliver customers the highest quality rehabilitation and fitness equipment. Spirit Fitness has over 30 years of experience in the fitness industry with focus on quality experience and product innovation. Their equipment is produced in ISO-certified factories. Source Medical distributes commercial and healthcare strength and cardiovascular equipment through this partnership.
• BD (Becton Dickinson)coreTechnology or IntegrationSource Medical offers BD BodyGuard T infusion pumps designed for palliative care. BD BodyGuard T pumps deliver medication or fluids at precisely controlled rates through intravenous, subcutaneous, percutaneous routes and into intraoperative sites. Features patient safety algorithms, code-protected functions, and automatic alarms.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Cardinal Health: Global healthcare services and medical product distributor with deep provider relationships. Comparable in the medical device distribution and managed services overlap, but as a far larger incumbent.
• Henry Schein: Global distributor of medical, dental, and animal health products and services. Comparable as a much larger medical equipment distributor serving similar healthcare provider customers.
• McKesson Medical-Surgical: Large-scale US-headquartered medical supply distributor serving physician offices, hospitals, and post-acute care. Comparable breadth of medical product distribution, though operating at vastly greater scale.
• Agiliti Health: US medical equipment management and services provider offering rental, service, and clinical engineering for hospitals. Comparable managed-equipment-service orientation, though US-centric and much larger.

Direct peers

• Avensys Group: UK-based medical equipment solutions provider offering sales, service, and managed equipment services to NHS and private healthcare. Comparable as a similarly sized UK distributor/service provider with overlapping product and customer focus.
• PMS Medical: UK medical device distributor and service company offering bladder scanners, infusion devices, and equipment servicing to NHS trusts. Closely comparable product range and NHS-led go-to-market.
• Cairn Technology: UK-based environmental and temperature monitoring solutions provider for healthcare, pharma, and life sciences. Comparable overlap with Source Medical's IoT environmental monitoring line.
• Hanwell Solutions: UK environmental monitoring specialist serving healthcare, pharmaceuticals, and industrial markets with wireless sensors and cloud platforms. Direct functional overlap with Source Medical's monitoring offering.

Emerging players

• Elpro-Buchs: Swiss-headquartered provider of environmental and cold-chain monitoring solutions with growing UK presence. Comparable technology and overlapping target verticals including healthcare and pharma.

Others

• Becton, Dickinson and Company (BD): Global medical technology manufacturer whose BodyGuard T infusion pumps Source Medical distributes in the UK. Not a direct competitor but a manufacturing partner whose own UK sales motion could compete with Source Medical's distribution channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SourceMedUK
• LinkedInlinkedin.com/company/source-med

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Source Medical