Medical Equipment Appraisal

FAQ

What qualifies as medical equipment?

Medical equipment is any instrument, machine, or device used directly in the diagnosis, monitoring, treatment, or rehabilitation of patients that requires ongoing technical management such as calibration, maintenance, repair, and user training.

In practical terms, an item qualifies as medical equipment when it serves a clinical or therapeutic purpose, is used with or on a patient (or in a diagnostic lab supporting patient care), and demands a managed lifecycle rather than single-use disposal. The category is broad and spans both large capital assets and smaller clinical devices.

Common categories of medical equipment include:

  • Diagnostic imaging: MRI machines, CT scanners, X-ray units, ultrasound machines, PET systems, and nuclear medicine systems
  • Monitoring devices: Bedside patient monitors, ECG/EKG machines, pulse oximeters, cardiac monitors, and fetal monitors
  • Life support and surgical: Ventilators, anesthesia machines, defibrillators, electrosurgical units, and operating tables
  • Therapeutic and rehabilitation: Dialysis machines, infusion pumps, phototherapy units, physical therapy equipment, and medical lasers
  • Clinical support: Autoclaves, sterilizers, laboratory analyzers, exam tables, and dental chairs
  • Durable medical equipment (DME): Wheelchairs, power chairs, CPAP machines, oxygen concentrators, and patient lifts used in home or long-term care settings

For appraisal purposes, the category you fall into shapes the valuation approach, the data sources an appraiser draws on, and the final report format. A hospital equipment appraisal for a large imaging center involves different methodology than an appraisal for a small physician's office or a dental equipment appraisal. If you are unsure whether your specific assets qualify or how they would be valued, see how fair market value of medical equipment is determined.