2023
DOI: 10.2471/blt.22.289416
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How to improve regulatory practices for refurbished medical devices

Abstract: Modern health-care facilities rely on medical devices and equipment. However, keeping up with the development of new technology is unfeasible for many health facilities, especially in low-resource settings. Thus, the demand for refurbished medical devices is increasing worldwide, especially in low- and middle-income countries. Refurbished medical devices are restored devices that are rebuilt to meet safety and performance requirements comparable to their condition when new, without changing the intended use of… Show more

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Cited by 3 publications
(2 citation statements)
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“…Refurbished medical devices present economic advantages, yet their reintroduction to the healthcare system often sparks concerns about quality and potential counterfeit risks [ 29 , 30 ]. An NFT-based mechanism can address these challenges by providing a transparent and verifiable record of each device’s refurbishment journey.…”
Section: Potential Applications Of Nfts In Neurosurgerymentioning
confidence: 99%
“…Refurbished medical devices present economic advantages, yet their reintroduction to the healthcare system often sparks concerns about quality and potential counterfeit risks [ 29 , 30 ]. An NFT-based mechanism can address these challenges by providing a transparent and verifiable record of each device’s refurbishment journey.…”
Section: Potential Applications Of Nfts In Neurosurgerymentioning
confidence: 99%
“…Global refurbishment and resale of medical devices, including surgical equipment, is projected to have an annual average growth rate of 11.8% reaching a market cap of $21.2 billion in 2025, despite misgivings in the public health sector regarding compatibility, maintenance, regulation, and liability. 11 Indeed, a substantial portion of donated technology tends to deteriorate after donation due to poor maintenance as reflected in projections indicating that approximately 40% of healthcare equipment in LMICs is nonfunctional. 12 Along with manufacturing new equipment and refurbishment, the disposal of unusable or used equipment is an important component of surgical systems.…”
mentioning
confidence: 99%