First Medical

What First Medical does

First Medical International Corp. is a privately held, Miami-based distributor founded in 1995 that acquires, refurbishes, and resells pre-owned medical equipment to healthcare facilities worldwide. The company operates a single showroom at 7500 NW 25th St. Unit 1-A in Miami and serves customers across more than 20 countries, with a concentration in Latin America, the Caribbean, and select markets in Africa and Asia. Jorge Lazo serves as Founder and CEO.

The company's product portfolio spans two main categories—Medical Surgical (157 SKUs including anesthesia machines, ventilators, surgical tables, incubators, and endoscopy equipment) and Medical Imaging (88 SKUs including MRI, CT, ultrasound, C-arms, mammography, and cath/angio labs)—plus a parts catalog of 143 components covering major OEMs such as GE, Philips, Siemens, Stryker, and Dräger. Refurbishment is performed in-house with a 100% operational verification process prior to resale.

First Medical generates revenue through one-time equipment sales (prices ranging from $6,500 for entry-level anesthesia machines to $485,000 for a 3.0T MRI), parts sales, short- and long-term equipment rentals, and paid technical assistance services billed at $100–$250 per hour. Distribution occurs through a bilingual e-commerce storefront with request-a-quote functionality, the Miami showroom, a direct sales team, and a global biomedical engineering network that handles de-installation, transportation, and installation services across 20+ countries. Financing up to 50% of equipment value is offered, and the company actively participates in industry events such as RSNA to support demand generation.

Name

First Medical

Legal name

First Medical International Corp.

Website

https://firstmedicalint.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

First Medical International Corp. is a privately held Miami-based distributor founded in 1995 that refurbishes and resells pre-owned medical surgical, imaging, and parts equipment from 35+ brands to hospitals, clinics, and veterinary facilities across more than 20 countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Medical Equipment Sales: Primary revenue stream from selling refurbished medical equipment including imaging systems, surgical equipment, patient monitors, and diagnostic devices to healthcare facilities globally.
2. Equipment Parts: Sale of replacement parts and components for medical equipment including GE, Philips, Siemens, and other major brands.
3. Equipment Rentals: Short and long-term rental options for medical equipment, providing flexibility for facilities with temporary needs.
4. Technical Assistance Services: Paid technical assistance for equipment repair with hourly rates ranging from $100-$250 per hour, including options for bundled service packages.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

First Medical International Corp. acquires, inspects, refurbishes, and resells pre-owned medical surgical and imaging equipment from 35+ brands (GE, Philips, Siemens, Stryker, Dräger, Karl Storz, Olympus, etc.) to healthcare facilities worldwide. The company also sells replacement parts, offers short- and long-term equipment rentals, and provides professional de-installation, transportation, reinstallation, and technical assistance services through its biomedical engineering team. Pricing on capital equipment ranges from approximately $6,500 (Dräger Apollo anesthesia machine) to $485,000 (GE Discovery MR750 3.0T MRI).

Product overview

First Medical International is a used and refurbished medical equipment retailer and servicer offering a comprehensive portfolio of medical surgical and medical imaging equipment from 35+ major brands (GE, Philips, Siemens, Stryker, Dräger, Karl Storz, Olympus, and others). The company operates as a single unified product offering focused on selling, renting, and servicing pre-owned medical equipment, with no SaaS platform or module structure. Their portfolio spans two main categories: Medical Surgical Products (anesthesia machines, surgical microscopes, incubators, infant warmers, electrosurgical units, patient monitors, defibrillators, ventilators, surgical tables, surgical lights, hospital beds, stretchers, and endoscopy equipment) and Medical Imaging Products (C-arms/fluoroscopy, CT scanners, MRI systems, ultrasound machines, cath/angio labs, mammography units, mobile X-rays, R/F rooms, CR/DR systems, densitometers, injectors, and medical printers). The company also provides equipment rental services for short and long-term needs, plus professional de-installation and installation services through their biomedical engineering team.

Differentiator

Problem solved

Functional benefit

Products and services

• Refurbished Medical Surgical Equipment Refurbished and verified-operational medical surgical equipment including anesthesia machines (Dräger, GE Datex-Ohmeda), surgical microscopes (Leica, Zeiss), neonatal incubators and infant warmers (GE Giraffe, Dräger), electrosurgical units (Covidien Valleylab), patient monitors (Philips IntelliVue, GE, Mindray), defibrillators (Zoll, Philips), ECG machines (Mortara), ventilators (Hamilton, Maquet, Puritan Bennett, Newport), surgical tables (Maquet, Skytron, Steris), surgical lights (Berchtold, Steris, Stryker), hospital beds (Hill-Rom, Stryker), medical stretchers (Stryker, Hill-Rom), and endoscopy equipment (Stryker, Karl Storz, Olympus). Sold to hospitals, clinics, surgical centers, and veterinary facilities globally.
• Refurbished Medical Imaging Equipment Refurbished diagnostic imaging equipment including C-arms/fluoroscopy (GE OEC, Siemens Arcadis, Philips, Hologic), CT scanners (Siemens Definition, GE Discovery, Canon Aquilion, Toshiba), ultrasound machines (GE Logiq/Voluson, Philips Epiq, Siemens Acuson, Mindray), MRI systems (GE Discovery 3.0T, Philips Achieva, Esaote), cath/angio labs (Siemens Artis, Philips Allura, GE Innova), mammography units (Hologic Selenia, Siemens Mammomat, GE Senographe, Fujifilm), mobile X-ray systems, radiography/fluoroscopy rooms, CR/DR digital capture systems, bone densitometers (Hologic, GE Lunar), contrast injectors (Medrad), and medical printers (Konica Minolta). Sold to hospitals and imaging centers.
• Equipment Parts and Components Replacement parts and components for medical imaging and surgical equipment from brands including Canon, Delta, Fujifilm, GE, Newton, Philips, Siemens, Toshiba, and iRay. Sold to healthcare facilities, biomedical engineering departments, and equipment service providers needing genuine or compatible replacement parts.
• Equipment Rental Services Short- and long-term rental programs for medical equipment including anesthesia machines, patient monitors, ventilators, and diagnostic imaging systems, providing flexibility for healthcare facilities with temporary equipment needs. Pricing available on request.
• Equipment De-Installation and Installation Services Professional biomedical engineering services for de-installing, transporting, and installing medical equipment at healthcare facilities globally. Backed by a worldwide network of engineers, the service covers complex logistics of removing and reinstalling heavy medical imaging equipment across different locations, including cath labs, CT scanners, and MRI systems.
• Technical Assistance Services Paid technical assistance and repair services for medical equipment. Hourly rates include Option 1 ($250 for first 2 hours, then $150/hour for next 3 hours, $100/hour thereafter) and Option 2 ($450 for up to 3 hours, renewable). Bundled service packages are available.

Named customers3 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

Feature1 record

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Avante Health Solutions: Avante Health Solutions is one of the largest US-based independent refurbishers of medical and surgical equipment, offering a comparable multi-brand portfolio of imaging and surgical devices to hospitals and international buyers — directly competing with First Medical across nearly every product category.
• Soma Technology: Soma Technology refurbishes and resells a broad range of medical equipment including patient monitors, anesthesia machines, surgical tables, and imaging systems from major OEMs — directly overlapping with First Medical's product mix and customer base of hospitals and clinics worldwide.
• Block Imaging: Block Imaging specializes in refurbished diagnostic imaging equipment (CT, MRI, PET, X-ray) with parts and field service support — a direct competitor in the imaging-heavy half of First Medical's portfolio, serving similar hospital and imaging-center customers.
• MFI Medical: MFI Medical is a US-based distributor of new, used, and refurbished medical equipment with a strong e-commerce presence and broad brand coverage — competing directly with First Medical across surgical and imaging categories via online catalog sales.
• MXR Imaging: MXR Imaging is a US distributor focused on X-ray imaging equipment, parts, and service — competing with First Medical in the mobile X-ray, R/F room, and CR/DR product lines and sharing similar hospital and imaging-center customers.
• US Med-Equip: US Med-Equip is a national provider of medical equipment rentals and sales to hospitals — a direct competitor in the equipment-rental revenue stream that First Medical also offers, with significant overlap in patient monitor, ventilator, and infusion pump categories.
• Med One Group: Med One Group rents, leases, and sells medical equipment to hospitals and surgery centers with a strong focus on capital equipment financing — directly overlapping with First Medical's rental and sales offerings, particularly for surgical and monitoring equipment.
• Amber Diagnostics: Amber Diagnostics buys, sells, and refurbishes pre-owned imaging equipment including MRI, CT, and ultrasound — directly competing with First Medical in the high-value imaging category with a similar international sales reach.
• Radiology Oncology Systems: Radiology Oncology Systems specializes in refurbished radiation therapy and oncology imaging equipment, with parts and service support — an adjacent peer sharing First Medical's model of multi-brand refurbishment and resale to clinical buyers.

Others

• DOTmed: DOTmed operates one of the largest online marketplaces for new, used, and refurbished medical equipment, connecting buyers and sellers globally — not a direct refurbisher but an indirect channel competitor that affects pricing discovery and customer acquisition for independent refurbishers like First Medical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@FirstMedicalInternational
• Facebookfacebook.com/firstmedicalint?mibextid=2JQ9oc
• LinkedInlinkedin.com/company/98155506/admin/feed/posts
• Instagraminstagram.com/firstmedicalint

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 First Medical