Refurbishment and reprocessing - threat or opportunity for medical device manufacturers?
This article was originally published in Clinica
Executive Summary
Medical device refurbishment – restoring devices to their original specifications – has gained in importance as healthcare budgets have come under pressure. While some countries actively ban imports of such devices, attitudes generally towards the practice are becoming more favourable. But what effect do refurbishing – and reprocessing – have on the market and the strategic commercial behaviour of original equipment manufacturers (OEMs)? Ashley Yeo reports