en Health Management and Economics Health Management and Economics Review Article Review Article <strong>Background: </strong>Despite this seemingly simple definition of value in different perspectives, the definition of value-based procurement for medical devices is still unclear. This study aimed to delineate the definition of value-based procurement for medical devices and its characteristics.<br> &nbsp;&nbsp; <strong>Methods:</strong> According to the systematic method for scoping review described by Arksey and O&rsquo;Malley, we reviewed related literature through target databases (PUBMED, ProQuest, Web of Science, Scopus, and Science Direct) during 2004-2020. The publications that focused on the procurement of medical devices and address the issue of value in procurement were selected. The publications whose full-text was not available and were not in English were excluded. By using data charting tables, selected articles were reviewed and concepts and definitions were extracted<br> &nbsp;&nbsp; <strong>Results: </strong>According to the eligibility criteria and reference checking, 24 documents were selected. There are different definition and understanding for value-based procurement (VBP). Identified characteristics of VBP are information, actors Collaboration, patient experience, value analysis team, ability to evaluate alternatives, value proposition, competitive dialogue, and weighing evaluation criteria.<br> &nbsp;&nbsp; <strong>Conclusion:</strong> VBP is a framework that guides the review and decision-making to procure medical devices. In this framework, all dimensions of the value equation (outcome/related costs) must be considered and weighted. Health systems need to work on identified aspects. Value, Value-Based Health Care, Value-Based Procurement, Medical Devices 1005 1013 http://mjiri.iums.ac.ir/browse.php?a_code=A-10-6703-1&slc_lang=en&sid=1 Keyvan Rahmani keivan.rahmany@gmail.com 200319475328460068782 200319475328460068782 No Department of Health Services Management, School of Management and Medical Information Sciences, Isfahan University of Medical Sciences, Isfahan, Iran Saeed Karimi karimi@mng.mui.ac.ir 200319475328460068783 200319475328460068783 Yes Health Management and Economics Research Center, Isfahan University of Medical Sciences, Isfahan, Iran Reza Rezayatmand reza.rezayatmand@gmail.com 200319475328460068784 200319475328460068784 No Health Management and Economics Research Center, Isfahan University of Medical Sciences, Isfahan, Iran Ahmad Reza Raeisi raeisi@mng.mui.ac.ir 200319475328460068785 200319475328460068785 No Health Management and Economics Research Center, Isfahan University of Medical Sciences, Isfahan, Iran