Master Medical Systems
Master Medical Systems, founded in 1996 and headquartered in New Delhi, is a privately held Indian supplier of refurbished Philips and Siemens medical imaging equipment — MRI, CT, PET CT, and Cath Lab systems — serving private hospitals, imaging centers, and medical professionals across India and South Asia, with recurring maintenance and turnkey installation services.
- Company typePrivate
- Founded1996
- HeadquartersNew Delhi, India
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Master Medical Systems does
Master Medical Systems is a New Delhi-headquartered, privately held supplier of refurbished medical imaging equipment founded in 1996. The company sources pre-owned MRI, CT, PET CT, and Cath Lab systems from domestic and international suppliers, evaluates and refurbishes them, and resells them primarily to private hospitals, imaging centers, and medical professionals in India and other South Asian markets (Bangladesh, Sri Lanka, Nepal, Pakistan, Maldives). It exclusively deals in Philips and Siemens refurbished equipment, and positions itself as the pioneer and market leader in India's refurbished medical equipment segment.
The company operates a four-pillar core product portfolio — MRI Scanners, CT Scanners, PET CT Scanners, and Cath Lab systems — supplemented by spare parts and a service portfolio that includes maintenance contracts (CMC/AMC/PMC), preventative maintenance programs, on-demand non-contract service visits, turnkey project solutions spanning site planning through installation, and bank-tied financial planning services for equipment financing. Its proprietary "MASTER GOLD SERVICE" standard promises 100% equipment uptime with bundled labour, spare parts, and travel coverage. All directors and partners are ex-OEM professionals from Siemens Healthcare and Philips Healthcare with 18–20+ years of industry experience.
Master Medical generates revenue through one-time equipment sales and recurring maintenance contracts, with additional professional services revenue from turnkey installations and on-demand service visits. Pricing is quote-based and not publicly disclosed, and the company relies on direct enterprise field sales, KOL networks, and word-of-mouth referrals rather than digital marketing channels. Pan-India reach is supported by branch offices in Jaipur, Mumbai, and Kolkata alongside the New Delhi headquarters. The company is bootstrapped and founder-owned with no external funding raised.
Master Medical Systems firmographics
Firmographics- Name
- Master Medical Systems
- Legal name
- Master Medical
- Website
- https://mastermedical.in
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Master Medical Systems, founded in 1996 and headquartered in New Delhi, is a privately held Indian supplier of refurbished Philips and Siemens medical imaging equipment — MRI, CT, PET CT, and Cath Lab systems — serving private hospitals, imaging centers, and medical professionals across India and South Asia, with recurring maintenance and turnkey installation services.
- Ownership category
- akta.pro rank
Master Medical Systems industry classification
Industry- Product category
- Refurbished Medical Imaging Equipment
- NAICS
- Electronic and Precision Equipment Repair and Maintenance (811210)
- SIC
- Surgical & Medical Instruments & Apparatus (3841)
- akta.pro primary industry
- Computed Tomography (CT) Systems (HLAHABAB)
Keywords
Where Master Medical Systems is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
Master Medical Systems business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Equipment Sales: Sale of refurbished medical imaging equipment including MRI, CT, PET CT, and Cath Lab scanners. Equipment sourced from domestic and international suppliers after technical evaluation and compliance conformance.
- Maintenance Contracts (CMC/AMC/PMC): Comprehensive maintenance contracts covering labour, spare parts, and travel expenses. Covers CT Scanner, MRI, PET CT and Cath labs modalities.
- Non-Contract Service: On-demand paid service visits for customers not engaged in service contracts. Covers CT, MRI, PET CT and Cath labs on request basis.
- Turnkey Solutions: Complete project solutions from site planning to installation, using OEM-recommended tools and test devices.
- Financial Planning Services: Loan facilitation services through tie-ups with leading banks and financial institutions for project financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Equipment purchase and sale |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels1 record
Master Medical Systems product offering
Product offeringCore offering
Master Medical Systems supplies, installs, and services refurbished medical imaging equipment — including MRI, CT, PET CT and Cath Lab systems — to hospitals and medical institutions. The company also provides associated maintenance, non-contract service, turnkey solutions, and equipment financing planning to support end-to-end imaging facility setup.
Product overview
Master Medical Systems is a medical imaging equipment supplier specializing in refurbished medical equipment. The company offers four core imaging product lines: Philips and Siemens refurbished MRI Scanners, CT Scanners, PET CT Scanners, and Cathlab Scanners. These products are complemented by a comprehensive service portfolio including maintenance contracts (CMC/AMC/PMC), non-contract service visits, turnkey solutions (site planning to installation), financial planning with banking partnerships, and preventative maintenance programs. The company also supplies spare parts and accessories for all equipment lines. Founded in 1996, the company positions its service standard as 'MASTER GOLD SERVICE' aiming for 100% equipment uptime.
Differentiator
Problem solved
Functional benefit
Products and services
- Refurbished MRI Systems
- Refurbished CT Scanners
- Refurbished PET CT Systems
- Refurbished Cath Lab Equipment
- Equipment Maintenance Contracts
- Non-Contract Equipment Service
Companies that use Master Medical Systems
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles1 record
Master Medical Systems technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Master Medical Systems partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights4 records
Master Medical Systems competitors and assessment
Company assessmentDirect peers
- Block Imaging: US-based refurbisher and reseller of MRI, CT, PET/CT, and other imaging systems, plus parts and service contracts. Directly comparable in business model: refurbish and resell pre-owned imaging equipment from major OEMs with ongoing service contracts.
- Atlantis Worldwide: Specializes in pre-owned and refurbished medical imaging equipment (MRI, CT, PET, ultrasound, X-ray) plus service and parts. Operates in the same niche of multi-modality refurbished imaging systems as Master Medical.
- Soma Technology: Refurbisher and global distributor of medical equipment including imaging, monitoring, and surgical systems, with installation and service support. Direct competitor in the international pre-owned medical equipment market.
- Radiology Oncology Systems: Provider of refurbished radiation oncology and diagnostic imaging equipment, with installation and service. Closely aligned to Master Medical's model for high-capex refurbished imaging modalities.
- Avante Health Solutions: Refurbished and new medical equipment provider covering imaging (MRI, CT), surgical, and patient-monitoring categories with associated service. Closely aligned to Master Medical's buy/refurbish/sell/service model across multiple imaging modalities.
Broad incumbents
- Siemens Healthineers: Original equipment manufacturer of MRI, CT, PET CT, and Cath Lab systems and a major source of Master Medical's refurbished inventory. Operates a broad service and financing portfolio overlapping Master Medical's downstream service and turnkey offerings.
- Philips Healthcare: OEM of imaging and patient-monitoring equipment, second source of Master Medical's refurbished inventory, and a previous employer of senior leadership. Overlaps Master Medical on service, installation, and financing for imaging systems.
- GE HealthCare: Global OEM of MRI, CT, PET, ultrasound, and Cath Lab systems, with a substantial installed base and service network across India. Competes indirectly via new-equipment sales and financing that could substitute for refurbished demand.
Emerging players
- US Med-Equip: US-based provider of medical equipment (including refurbished and rental) to hospitals, with strong service component. Comparable in the buy-resell-service motion though with a stronger rental/lease tilt.
- Fujifilm Healthcare: Imaging OEM with growing presence in emerging markets including India across CT, MRI, ultrasound, and endoscopy. Adjacent competitor as hospitals weigh new Fujifilm systems against refurbished Siemens/Philips offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Master Medical Systems social profiles
Digital presenceMaster Medical Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Master Medical Systems leadership team
Management profileNumber of profiles
Master Medical Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Master Medical Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Master Medical Systems
What does Master Medical Systems do?
Master Medical Systems supplies, installs, and services refurbished medical imaging equipment — including MRI, CT, PET CT and Cath Lab systems — to hospitals and medical institutions. The company also provides associated maintenance, non-contract service, turnkey solutions, and equipment financing planning to support end-to-end imaging facility setup.
Is Master Medical Systems a public or private company?
Master Medical Systems is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Master Medical Systems founded?
Master Medical Systems was founded in 1996. It employs 11 to 50 people.
Where is Master Medical Systems based?
Master Medical Systems is headquartered in New Delhi, India, in the Asia region.
How does Master Medical Systems make money?
Five revenue lines are on record. Equipment Sales are the primary driver. The others are maintenance Contracts (CMC/AMC/PMC), non-Contract Service, turnkey Solutions and financial Planning Services.
Who are Master Medical Systems's main competitors?
Direct peers on record are Block Imaging, Atlantis Worldwide, Soma Technology, Radiology Oncology Systems and Avante Health Solutions. Broad incumbents are Siemens Healthineers, Philips Healthcare and GE HealthCare. Emerging players are US Med-Equip and Fujifilm Healthcare.
Does Master Medical Systems have an API?
No public API is recorded for Master Medical Systems.
What industry is Master Medical Systems in?
Master Medical Systems's product category is Refurbished Medical Imaging Equipment. Its primary akta.pro industry code is HLAHABAB, Computed Tomography (CT) Systems. Its NAICS code is 811210 and its SIC code is 3841.