INDEED Innovation and 13 leading healthcare leaders have engaged in a colloborative initiative to transform medical waste into value.
BROOKLYN, NY, UNITED STATES, November 26, 2024 /EINPresswire.com/ — INDEED INNOVATION and 13 leading healthcare organizations unveil the White Dot feasibility study, demonstrating a breakthrough approach to transform medical waste into value. This collaborative initiative shows how the medical technology industry can transition to a circular economy while maintaining strict healthcare standards and achieving economic viability.
Addressing a Critical Challenge in Healthcare
An estimated 4.8 million tonnes of valuable materials from 1,893 clinics in Germany alone are currently disposed of as waste annually. The White Dot system introduces a digitalized solution that recovers economic value from materials, hardware components, and products through an alliance of manufacturers, users, and recyclers.
“In order to sustainably establish circular economy principles in the MedTech sector, the current regulations such as LAGA18 are currently the biggest obstacle. National authorities and European policymakers are called upon to create the regulatory conditions for a more circular economy in the MedTech sector,” says Daniel Unger from Johnson & Johnson MedTech.
Cross-Industry Collaboration
The initiative brings together key players across the healthcare ecosystem:
Medical Technology Companies: Lohmann & Rauscher, Olympus, Johnson & Johnson, Philips, and Löwenstein Medical
Healthcare Providers: Asklepios Kliniken, UKE, and Marienkrankenhaus Hamburg
Material & Recycling Experts: ALBIS, Otto Krahn Group, Otto Krahn New Business, and Zuke Green
Innovation Partners: Indeed Innovation and Resourcify
Economic Viability Through Innovation
The White Dot system demonstrates how manufacturers can achieve:
Cost neutrality through redirected disposal costs
Potential 30% reduction in production costs
Up to 50% accumulated profit over five years through automation
Significant reduction in Scope 1-3 emissions
“To preserve as much value as possible, second markets for used high-quality devices should be established in addition to refurbish-services,” explains Michael Leitl, Executive Director at INDEED Innovation.
About the White Dot Study
The comprehensive feasibility study is now available for download, offering detailed insights into:
Economic models for circular healthcare
Technical solutions for hermitization and sterilization
Regulatory compliance frameworks
Implementation roadmaps
About INDEED INNOVATION
INDEED INNOVATION is a global design & innovation firm specializing in MedTech and Life Sciences. The company helps healthcare organizations transition to circular practices while maintaining the highest medical standards.
Michael Leitl
Indeed Innovation
+ +49 172 87 20 416
email us here
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