The medical devices sector is typified by frequent change and innovation, in response to problems and issues faced by the healthcare industry. As a result, the sector has seen the emergence of several start-up medtech companies offering disruptive, cutting-edge solutions. Most of these are private companies, where data such as revenue is frequently not disclosed. National estimates for Paragonix Technologies sales in the US from 2016 to 2022, as well as year-on-year growth rates, can be viewed in GlobalData’s micro revenue report. Buy the report here.

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Paragonix Technologies is a medical equipment company that develops and manufactures organ preservation devices. It offers heart preservation, lung preservation, liver preservation, and digital monitoring and tracking devices. It also offers procurement services. The company prevents donor organs from being exposed to freezing temperatures by using its advanced organ preservation technology. Paragonix Technologies also offers Paragonix application that allows transplant teams to coordinate and manage procurements. Paragonix technologies is headquartered in Cambridge, Massachusetts, the US.

The key metrics of Paragonix Technologies related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2022 are shown below:

As Paragonix Technologies is a privately held company, it is not required to disclose its financial information and there is no stock listed on an exchange. GlobalData has access to a proprietary data set containing invoice data from over 2,600 healthcare institutions in the US and is therefore able to use estimations of a company’s revenue and growth to value private companies such as Paragonix Technologies.

For a detailed understanding of the performance of Paragonix Technologies, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. 

GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.