An Analysis of the Refurbished Medical Devices


Refurbished medical devices are pre-owned medical equipment or devices that are refurbished either by the OEM (Original Equipment Manufacturer), these devices pose radiation and safety concerns for the patients and users and a hot topic of discussion in the medical industry. Besides disincentivising local manufacturing there are other major discussion points when it comes to whether an organization should invest in them or new hardware. The discussion has divided the medical industry on the basis of local and foreign manufacturing.

The Governments and buyers are both concerned that third-party groups who refurbish, recondition, rebuild, remarket, remanufacture, service, and repair medical devices might use personnel who are either unqualified or not fully qualified to perform the necessary procedures related to the device. The agencies and government are also worried that adequate documentation and potential public health issues arising from these activities are going unnoticed.

Some specific concerns are, improper device operation- That the Device might not be performing its given task in a quality manner.Faulty device safety systems- Concern that the device might be not working properly and no one would have a clue and Ineffective recalls-

Definitions

Here are some definitions to let you know, what are some keywords when it comes to refurbished medical devices according to the FDA (U S Food and Drug Administration) Recondition- Restoring and/or refurbishing medical devices to the OEM’s (original equipment manufacturer) original specifications. Under some circumstances the medical device should be restored and/or refurbished to current specifications. Service- Maintenance and/or repair of a finished device after distribution for purposes of returning it to the safety and performance specifications established by the OEM and to meet its original intended use. Repair- Return the device or component to original specifications including replacing non-working components or parts outside of routine or periodic upkeep for the current owner of the device. Refurbish- Restore device to match safety and effectiveness that is comparable to a new device. Remarket- The act of facilitating the transfer of a previously owned device from one party to another.

The major dilemma that arises when agencies are looking to get into the refurbished medical devices market is between buying OEM refurbished devices and buying non-oem devices from traders, OEMS refurbished goods involve rehauling products with genuine spares and they come with quality and safety guarantees of the original product. While importing of non-OEM products is done by traders, unsupported by guarantees and pose a safety threat to patients. Also there is no transparency around the recalibration of these products, there are no support services and, most importantly, the price benefits from pre-owned products are not passed on to the patient.

The agencies are trying to optimize this part of the medical service chain as much as possible, but these are highly specialized devices and checking them if they are working properly and can be used for the long run is an issue on its own. At the end, everyone agrees that the patient must be the main concern of any organization involved in servicing medical equipment.

Check out Market Data Forecast’s comprehensive reports with in-depth analysis about the Refurbished Medical Devices Market and a free research sample can also be availed. Stay tuned for trending news stories about the latest technologies and interesting Healthcare tit-bits.


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