I work in an operating room, and have been around long enough to see multiple pieces of perfectly good equipment get replaced just because it hit the manufacturer's end-of-life date.
I'm talking things like a several-hundred-thousand dollar microscope for microsurgery.
Basically that date means if the microscope fucks up somehow, the vendor takes zero liability, and any legal expenses fall onto the hospital... so we trash it and buy another one. Rinse and repeat after another few years.
That end-of-life date is always crazy early, and is like that 100% because the manufacturer knows hospitals would rather just treat a quarter million dollar microscope as disposable than accept liability for an equipment fault.
The waste is unreal.