Healthium Medtech, a leading Indian medical device manufacturer, has taken a major step in strategic expansion by acquiring a controlling stake in Paramount Surgimed, a well-established player in surgical instruments and wound-management products. The move reflects Healthium’s intent to broaden its product suite and reinforce its presence in segments that are critical to operating theatres, orthopaedics and acute care facilities.

Paramount Surgimed brings to the table a range of surgical and wound-care brands that serve both hospital and outpatient markets. By integrating these products into Healthium’s portfolio, the combined entity aims to offer a more comprehensive suite of medical devices  from disposables and advanced wound dressings to precision surgical instruments  under a unified business model.

Industry analysts say the acquisition will help Healthium Medtech accelerate innovation, streamline distribution channels and strengthen relationships with clinicians and healthcare providers. Paramount Surgimed’s brands are expected to benefit from wider market access and enhanced support infrastructure, particularly in Tier-2 and Tier-3 cities where demand for quality medical devices continues to grow.

According to leadership from Healthium, the acquisition aligns with the company’s long-term strategy to drive sustainable growth, deepen its product ecosystem and deliver high-value solutions that improve clinical outcomes and hospital efficiencies. As India’s healthcare demand expands, the combined capabilities of Healthium and Paramount are positioned to meet evolving provider needs.