Paragon Medical Recognized in Global Orthopaedic Contract Manufacturing Marketing Report
Paragon Medical Achieves a Number Three Worldwide Ranking for Leading Vendors
Pierceton, IN Aug 7, 2013 – Paragon Medical has been ranked third in the world for overall market share among leading global orthopaedic contract manufacturing suppliers, according to TechNavio’s Global Orthopaedic Contract Manufacturing Market report for 2012-2016. In addition to providing a supplier analysis, the report highlights the market landscape and its growth prospects in the coming years. Exceptional news for Paragon is found in the analyst’s forecast indicating the Global Orthopedic Contract Manufacturing market to grow at a CAGR of 11.05 percent over the period 2012-2016.
As one of the key suppliers dominating this space, Paragon was recognized for its world-class services portfolio which includes our New Product Introduction (NPI) process, the Global Design Center as well as our low cost country design transfer mechanics. Paragon’s continued success can be attributed to their focus on addressing its customers’ needs and to provide turnkey solutions to the medical device marketplace.
Moreover, it is a testament to Paragon’s dedication to partnering with its customers to share best practices and jointly develop and implement world-class methods of engineering and manufacturing while delivering the highest quality experience for our customers and partners.