MedEquip Biomedical

What MedEquip Biomedical does

MedEquip Biomedical is a Doral, Florida-based, privately held third-party depot repair and refurbishment company specializing in multi-vendor patient monitoring equipment. The company repairs acute-care and sub-acute-care patient monitors, telemetry systems, anesthesia gas monitors (AGM), vital signs monitors, and single- and multi-parameter modules across major manufacturers including Philips, GE/Marquette, Datascope/Mindray, Datex-Ohmeda, Drager, Spacelabs, Welch Allyn, and Corometrics. Through its sister company MIT Labs, MedEquip also offers depot-level repairs of MRI coils, RF amplifiers, gradient amplifiers, and contrast media injectors, with engineers carrying more than 20 years of imaging electronics experience.

Operationally, MedEquip runs a centralized depot model serving hospitals, healthcare technology management (HTM/biomed) departments, and third-party ISO service organizations across the United States and select international markets. The company is ISO 13485:2016 and ISO 9001 certified, FDA registered, and displays IAF multilateral accreditation membership. Service-level differentiators include 3–5 and 5–7 business-day turnaround times, complimentary ground shipping, free evaluations, loaner equipment when available, a one-year warranty on most repairs, and an extensive new and refurbished parts inventory targeted at hard-to-find legacy components. Customer testimonials cite 20–25% cost savings versus OEM service and multi-year account tenure.

Revenue is generated through five primary streams: (1) depot repair services, (2) new and used parts sales and exchange programs, (3) pre-owned patient monitoring system sales, (4) short- and long-term rentals and leases with flexible terms, and (5) MRI component repair services delivered through MIT Labs. Go-to-market is sales-led and direct: phone-based enterprise sales (toll-free 877-470-8013) supplemented by email and online contact forms, with marketing support from website content, a blog, social channels (LinkedIn, Facebook, Twitter), and HTM/biomed association participation. Pricing is uniformly quote-based and pay-as-you-go, with multi-year rental contracts representing the most recurring component of the mix.

Name

MedEquip Biomedical

Legal name

MedEquip Biomedical

Website

https://medequipusa.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

MedEquip Biomedical is a Doral, Florida-based third-party depot repair center providing multi-vendor patient monitoring equipment repair, parts exchange, system sales, and rentals to hospitals, biomed departments, and ISO service organizations across the United States and select international markets.

Ownership category

akta.pro rank

Headquarters

HQ city

Doral

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Depot Repair Services: Primary revenue stream from repairing patient monitors, telemetry systems, anesthesia gas monitors, and modules from multiple manufacturers including Philips, GE, Datascope, Datex-Ohmeda, Drager, and Spacelabs. Repair turnaround times of 3-5 and 5-7 business days.
2. Parts Sales and Exchange: Sales of new and used patient monitoring parts and accessories, including hard-to-find components. Both direct sales and parts exchange programs available.
3. System Sales: Sales of pre-owned patient monitoring systems with minimum one year warranty. Includes physiological monitors, gas monitoring systems, telemetry, and modules.
4. Rental and Lease: Short and long-term rental and lease options for patient monitoring equipment with flexible terms. Includes unlimited technical and clinical application support on rented systems.
5. MRI Component Repairs: MRI repair services through MIT Labs partnership covering coils, RF Amplifiers, Gradient Amplifiers, and Contrast Media Injectors.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

MedEquip Biomedical is a third-party depot repair center that repairs, refurbishes, sells parts for, and rents patient monitoring equipment across multiple manufacturers including Philips, GE/Marquette, Datascope/Mindray, Datex-Ohmeda, Drager, Spacelabs, Welch Allyn, and Corometrics. The company services acute-care, sub-acute care, vital signs monitors, anesthesia gas monitors (AGM), single and multi-parameter modules, and telemetry systems, and extends into MRI component repairs (coils, RF amplifiers, gradient amplifiers, contrast media injectors) through its sister company MIT Labs.

Product overview

MedEquip Biomedical is a premier multi-vendor depot repair center offering comprehensive patient monitoring solutions. The company provides repair services, parts exchange, system sales, and rentals for patient monitoring equipment across multiple manufacturers including Philips, GE/Marquette, Datascope/Mindray, Spacelabs, Datex-Ohmeda, and Drager. Through their partnership with MIT Labs, they also offer MRI component repairs. The portfolio includes patient monitor repair (acute-care, sub-acute care, vital signs, and anesthesia gas monitors), telemetry repair, module repair, MRI coil and amplifier repairs, parts exchange, pre-owned system sales, and rental/lease options. The company also supplies cables, sensors and accessories. Services include a one-year warranty with technical and clinical application support, fast 3-5 to 5-7 business day turnaround, complimentary ground shipping, free evaluations, and loaner equipment when available.

Differentiator

Problem solved

Functional benefit

Brands

• Edge Life Technologies: Ultrasound probe repair service offered through MedEquip Biomedical for Edge Life Technologies products.

Products and services

• Patient Monitor Repair & Service

Quantifiable outcome

• 20-25% cost savings on repair costs compared to OEM service
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• MIT LabscoreStrategic or Co-development PartnerMIT Labs is a sister company of MedEquip Biomedical offering high-quality depot repairs on MRI coils, RF Amplifiers, Gradient Amplifiers, and Contrast Media Injectors. Their engineers have more than 20 years experience in imaging electronics. MedEquip extends its service offerings through this partnership to provide comprehensive medical equipment repair beyond patient monitoring.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• TRIMEDX: Largest US independent clinical engineering and medical equipment service organization, providing multi-vendor biomed service, parts, and asset management to hospitals and health systems — the closest scale comparison to MedEquip's multi-vendor depot repair model.
• Renovo Solutions: Independent clinical engineering and HTM services firm serving hospitals with multi-vendor equipment maintenance, repair, and asset management — competes for the same biomedical department budgets as MedEquip.
• Masterplan Healthcare Biomedical: Independent biomedical equipment repair and HTM services firm servicing patient monitors, infusion pumps, and other acute-care equipment for hospitals — comparable in scale and service scope to MedEquip.
• Agiliti: National provider of medical equipment management, rental, and on-site service for patient monitoring, infusion, and surgical equipment — directly comparable to MedEquip across both repair services and equipment rental/lease streams.
• Crothall Healthcare: Healthcare support services subsidiary of Compass Group providing clinical engineering, patient monitoring service, and HTM solutions to hospitals — listed as a MedEquip customer in the source data, indicating overlap between customer and competitive set in third-party biomed.
• MESA (Medical Equipment Service Associates): Independent third-party service organization providing multi-vendor repair and maintenance for patient monitoring and other medical equipment — operates a similar depot-and-field model serving hospitals and ISOs.

Broad incumbents

• GE Healthcare Services: OEM for the GE/Marquette patient monitoring line that MedEquip services. The OEM service organization is the direct alternative MedEquip competes against for GE equipment service contracts, offering authorized service that independent ISOs cannot.
• Sodexo Healthcare (Biomedical Services): Global facility services conglomerate with a healthcare technology management division that provides biomed equipment maintenance — competes with MedEquip in the same hospital customer base but as part of a much broader integrated facilities management offering.
• ABM Healthcare: Facility services provider with a healthcare division offering clinical engineering and biomedical equipment maintenance to hospitals — competes with MedEquip in biomed services but bundled into broader facility maintenance contracts.
• Philips Services: OEM for the Philips/HP/Agilent IntelliVue patient monitoring line that is a major share of MedEquip's service volume. Philips' own service organization is the principal incumbent MedEquip displaces when winning multi-vendor service contracts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MedEquip1
• Facebookfacebook.com/Medequip
• LinkedInlinkedin.com/company/1799752

Compliance3 records

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 MedEquip Biomedical