Who Owns Paragon 28?
Paragon 28 is owned by Zimmer Biomet, a publicly traded American medical device company headquartered in Warsaw, Indiana. Paragon 28 was acquired by Zimmer Biomet in 2025 for approximately $1.1 billion and specializes in foot and ankle orthopedic implants and surgical solutions. The company is listed on NASDAQ under ticker ZBH.
Parent Company
Zimmer Biomet
Acquired
2025
Status
Publicly Traded
Headquarters
Warsaw, Indiana, USA
Who Owns Paragon 28?
- Parent Company: Zimmer Biomet
- Ownership Type: Wholly owned
- Acquisition Year: 2025
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: ZBH
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Paragon 28 | Zimmer Biomet | Wholly owned |
History of Paragon 28
- Founded: 2010
- Founders: Paragon 28 Inc (internal development)
- Acquired by Zimmer Biomet: 2025
Paragon 28 was founded in 2010 as a specialized foot and ankle orthopedic company focused on developing innovative surgical solutions and implants for complex foot and ankle procedures. The company quickly established itself as a leader in the foot and ankle orthopedic market through its commitment to innovation and surgeon-focused product development.
Throughout the 2010s, Paragon 28 expanded its product portfolio to include comprehensive solutions for foot and ankle reconstruction, trauma, and sports medicine applications. The company became known for its advanced surgical techniques, innovative implant designs, and strong relationships with orthopedic surgeons specializing in foot and ankle procedures.
In 2025, Paragon 28 was acquired by Zimmer Biomet for $1.1 billion (with potential additional payments based on sales performance). Under Zimmer Biomet's ownership, Paragon 28 continues to focus on foot and ankle orthopedic innovation while benefiting from Zimmer Biomet's global distribution network, manufacturing expertise, and research and development resources.
About Zimmer Biomet
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. The company operates across multiple product categories including orthopedic reconstructive products (knee, hip, shoulder, elbow), sports medicine and biologics, extremities and trauma products, office-based technologies, and spine and dental solutions.
The company maintains significant research and development operations focused on innovation in musculoskeletal healthcare. Zimmer Biomet's success is built on its ability to develop cutting-edge medical devices, acquire innovative companies, and integrate them into its global distribution and manufacturing network. The company serves hospitals, surgical centers, and healthcare providers worldwide.
- Founded: 1927
- Headquarters: Warsaw, Indiana, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: ZBH
Where Is Paragon 28 Made / Based?
- Headquarters: Warsaw, Indiana, USA
- Manufacturing / Operations: United States, Europe, Asia
Brands Owned by Zimmer Biomet
- Monogram Technologies - American medical device company specializing in surgical instruments and orthope...
- OrthoGrid Systems - American medical technology company specializing in AI-powered surgical guidance...
Paragon 28 Ownership: Pros & Cons
Advantages
- +Specialized focus on foot and ankle orthopedic market with strong brand recognition
- +Access to Zimmer Biomet's extensive research and development resources
- +Strong global distribution network through Zimmer Biomet's established channels
- +Continuous innovation in foot and ankle surgical solutions
- +Premium quality standards maintained across all product lines
- +Significant marketing investment supporting brand awareness among surgeons
Considerations
- -Premium pricing compared to generic or store-brand orthopedic solutions
- -Dependency on Zimmer Biomet's corporate strategy and resource allocation
- -Competition from other orthopedic device manufacturers
- -Limited control over supply chain decisions as part of larger corporation
- -Exposure to healthcare spending fluctuations and reimbursement policies
- -Regulatory compliance requirements for medical device manufacturing
Frequently Asked Questions About Paragon 28
Competitors to Paragon 28
No direct competitors found in the same category. This could be because Paragon 28operates in a unique market segment or we're still building our competitor database.
Zimmer Biomet Stock Information
Jobs at Zimmer Biomet
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American medical device company specializing in surgical instruments and orthopedic tools, acquired by Zimmer Biomet.
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American medical technology company specializing in AI-powered surgical guidance systems for orthopedic procedures, acquired by Zimmer Biomet.
Zimmer Biomet
American publicly traded medical device company founded in 1927, specializing in orthopedic reconstructive products, sports medicine, spine, and dental solutions.