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Medical & Surgical Equipment Repair in the US Procurement Price, Data and Insights
Medical and surgical equipment repair, including the repair of various electronic, electromechanical and hydraulic equipment used in healthcare providers' offices can include small equipment repair, instrument sharpening, sterilizer repair services, full restoration of medical equipment and preventive maintenance. Many healthcare practitioners rely on medical devices for running tests and diagnosing patients. Key buyers include hospitals, laboratories and dental offices, among others.
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What’s included in this market coverage
IBISWorld's research coverage on the Medical & Surgical Equipment Repair procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Medical & Surgical Equipment Repair market in the United States includes Hospital Bed Repair Services, Surgical Instrument Repair, Medical Imaging Equipment Repair, Ventilator Repair Services and Autoclave Repair Services. Standard coding in this coverage includes ISIC-3313-Repair of electronic and optical equipment, NACE-33.13-Repair Of Electronic And Optical Equipment, NAICS-811210-Electronic and precision equipment repair and maintenance and UNSPSC-85161500-Medical or surgical equipment repair.
What common market terminology is included?
Common market terminology included in the Medical & Surgical Equipment Repair procurement coverage includes Warranty (Assurance that an item will be repaired without cost to the buyer, usually limited to a specific length of time.), Medicare (A federal system of health insurance for people older than 65 years of age and for certain younger people with disabilities.) and Group Purchasing Organization (A group of businesses that form to leverage their purchasing power and gain discounts from vendors based on their collective buying power.).
What companies are included as top suppliers?
The top companies covered in the Medical & Surgical Equipment Repair procurement report as suppliers are Alpha Source Inc., Novamed Corporation, Bpi Medical Inc., Henry Schein Inc. and Koninklijke Philips Nv.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Medical & Surgical Equipment Repair market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Medical & Surgical Equipment Repair market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Medical & Surgical Equipment Repair procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Medical & Surgical Equipment Repair market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Medical & Surgical Equipment Repair market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Medical & Surgical Equipment Repair?
The 2026 benchmark market price for Medical & Surgical Equipment Repair is $98.1 per hour. Prices have increased at a CAGR of 2.24 from 2023-26.
Who are the top vendors in the Medical & Surgical Equipment Repair market?
The top vendors in the Medical & Surgical Equipment Repair market include Alpha Source Inc., Novamed Corporation, Bpi Medical Inc., Henry Schein Inc. and Koninklijke Philips Nv.
What industries supply the Medical & Surgical Equipment Repair market?
The top industries supplying the Medical & Surgical Equipment Repair market are Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, Local Freight Trucking in the US, Gasoline & Petroleum Wholesaling in the US, Medical Supplies Wholesaling in the US, Aluminum Manufacturing in the US and Plastic & Resin Manufacturing in the US.
What is the supply chain risk for Medical & Surgical Equipment Repair?
Moderate vendor risk balanced by robust competition and low entry barriers. While the US metal casting services market is in a late maturity stage and features low entry barriers, high competition among established and new vendors promotes ongoing innovation and price discipline. Buyers should regularly benchmark supplier capabilities, foster relationships with multiple vendors for negotiation leverage, and remain vigilant in monitoring supplier viability to minimize the risk of disruptions.
What factors affect the price of Medical & Surgical Equipment Repair?
Service scope and complexity significantly affect the pricing of medical and surgical equipment repair by determining the level of expertise, time, and resources required for each repair task. Repairing a complex electromechanical device may demand specialized technicians and advanced diagnostic tools, leading to higher costs compared to simpler repairs like instrument sharpening, which can be performed quickly and with less specialized equipment.
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