Hi JJ,
You know, world wide the new concept of consumable rental of medical devices is looming up. Be it a laboratory, infusion pumps, point of care or near patient testing medical equipment, they all fall under reagent / consumables rental scheme. In this scheme the vendors lease the medical devices to the customers for 5 years with a contractual agreement of certain percent of consumption of consumables each month . After 5 years, the medical device becomes the property of the customer or may be replaced with a newer model with another 5 year reagent / consumable rental scheme which is at the discretion of the customers. I would go for the replacement as reliability is far better than the earlier one which would have run for 5 years as a work horse. Most of the capital equipment like imaging, oncology equipment are under annual service contract with vendors or we get trained by the OEM as a part of our purchase deal.
If it is not your core business, please outsource which is the modern strategy to cut cost and spend within your budget.
Hope this helps.
Cheers
Sen
