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Teaching An Old Device New Tricks

Article-Teaching An Old Device New Tricks

Kalorama Information just released a report concluding that reusable medical devices save money over the long term, even if they cost more up front. And, the $4 billion market should experience continued growth through 2012. Reusable devices have gone in and out of vogue over the past few decades. At first, low-cost disposables were widely used for their added convenience.

But then these devices came under fire in the 1980s after medical waste washed ashore on several beaches. (Even as recently as two months ago, several hundred syringes washed ashore in Avalon, NJ.) But Kalorama's market research report indicates that the market for reusable medical devices should grow about 13% annually for the next few years. Industry can credit the orthopedic and general surgery segments for the boostâEUR"nearly 70% of the sales generated in 2007 came from these areas. The orthopedic sector continues to outpace others, and it is expected to have sole domination of market shares by 2012.

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