Sustainability in the Medical Device Industry
The Medical device industry is a slow adopter of Effective Sustainability programs.
…delaying further was out of choice despite adoption complexities like recycling of infectious materials and getting regulatory approval for even small change in design, business drivers like lightweight of plastics; the higher cost involved in sourcing alternate materials and getting regulatory approvals for these materials and change in design, and negative consumer perception about reusable medical devices/material. The financial benefits against the sustainability initiatives play a key to their adoption, in addition to driving positive environmental impact. Sustainability programs for the healthcare industry have moved ahead of just environment (recyclability) to other factors such as economy, health outcomes, quality, stakeholders, and society. Annual savings of 8.6 Million USD is estimated from utilizing reprocessed single-use devices alone.
Whitepaper_Sustainability-in-MD