Globus Medical

Globus Medical manufactures and commercializes musculoskeletal implants for the treatment of spinal disorders. Read more

David M. Demski's photo - CEO of Globus Medical

CEO

David M. Demski

CEO Approval Rating

64/100

Founded:

2003

Status:

PublicIndependent CompanyNYSEGMED

GLOBUS MEDICAL TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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Medtronic is perceived as one of Globus Medical's biggest rivals. Medtronic is headquartered in Minneapolis, Minnesota, and was founded in 1949. Like Globus Medical, Medtronic also operates in the Health Care Equipment industry. Medtronic generates 3,381% the revenue of Globus Medical.

Stryker is one of Globus Medical's top competitors. Stryker is a Public company that was founded in 1941 in Kalamazoo, Michigan. Like Globus Medical, Stryker also operates in the Health Care Equipment field. Compared to Globus Medical, Stryker has 41,200 more employees.

Zimmer Biomet has been one of Globus Medical's top competitors. Zimmer Biomet was founded in 1927 in Warsaw, Indiana. Like Globus Medical, Zimmer Biomet also works within the Health Care Equipment field. Zimmer Biomet generates $6.3B more revenue than Globus Medical.

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Globus Medical Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$825.8M

Globus Medical's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 5.2B. Over the last four quarters, Globus Medical's revenue has grown by 52.7%. Specifically, in Q1 2021's revenue was $227.3M; in Q4 2020, it was $233.4M; in Q3 2020, it was $216.1M; in Q2 2020, Globus Medical's revenue was $148.9M.

Globus Medical Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Synoste Oy

Oct 2020

Source »
undisclosed
SYNOSTE develops and manufactures limb lengthening medical devices for the treatment of skeletal deformities.
StelKast, Inc.

Sep 2019

Source »
$24.1M
StelKast designs, manufactures and distributes implants and instruments for knee and hip replacement surgeries.
Nemaris, Inc.

Sep 2018

Source »
undisclosed
Surgimap is a surgical planning software platform that allows healthcare professionals to simulate potential surgical outcomes and share medical images.
KB Medical SA

Aug 2017

Source »
undisclosed
KB Medical is engaged in the design, development and commercialization of robotic assistance system for spinal surgeries.

-

International Business, Alphatec Holdings, Inc.,

Jul 2016

Source »
undisclosed
-

These are all the companies that Globus Medical has acquired. Globus Medical has acquired 8 companies and its latest acquisition was Synoste Oy in Oct 2020. SYNOSTE develops and manufactures limb lengthening medical devices for the treatment of skeletal deformities.

Globus Medical Funding History

Since Globus Medical was founded in 2003, it has participated in 6 rounds of funding. In total Globus Medical has raised $228.5M. Globus Medical's last funding round was on Aug 2012 for a total of $100.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 2012
$100M
-
Series E
Aug 2007
$110M
Series D
Feb 2007
$9.5M
-
Series C
Jun 2005
$4M
-
Series B
Jun 2004
$3M
-

Since Globus Medical was founded in 2003, it has participated in 6 rounds of funding. In total Globus Medical has raised $228.5M. Globus Medical's last funding round was on Aug 2012 for a total of $100.0M

Globus Medical Investments

No recent investments found related to Globus Medical

These are all the companies that Globus Medical has invested in. Globus Medical has invested 8 companies and its latest investment was Synoste Oy in Oct 2020. SYNOSTE develops and manufactures limb lengthening medical devices for the treatment of skeletal deformities.

Globus Medical News

February 18, 2021Becker's Spine Review

6 details

For 2020, Globus Medical, developer of the ExcelsiusGPS spine robot, reported net sales increased 0.5... See more »
February 17, 2021BioSpace

Globus Medical Reports Fourth Quarter and Full Year 2020 Results

Globus Medical, Inc., a leading musculoskeletal solutions company, announced its financial results fo... See more »
January 28, 2021Benzinga

Globus Medical Schedules Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

AUDUBON, Pa., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE:GMED), a leading musculosk... See more »
January 20, 2021Becker's Spine Review

Globus Medical stock is outperforming spine industry growth, analysts say

Globus Medical shares have outperformed the spine industry over the last three months, according to a... See more »
December 10, 2020Orthopedic Design & Technology

Globus Medical Trauma Awarded Purchasing Agreement with Premier

Includes ANTHEM Plating, AUTOBAHN Nailing, ARBOR External Fixation, and CAPTIVATE Screw Platforms.... See more »

Globus Medical Press Releases

April 17, 2019GlobeNewswire

Globus Medical Schedules First Quarter 2019 Earnings Release and Conference Call

AUDUBON, Pa., April 17, 2019 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE:GMED), a leading musculos... See more »
October 17, 2018GlobalNewswire

Globus Medical Supporting Resident and Surgeon Education Workshops at OTA 2018

AUDUBON, Pa., Oct. 17, 2018 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE: GMED), a leading musculos... See more »
October 4, 2018GlobeNewswire

Study Demonstrating Globus Medical's Expandable Technology Improves Lordosis and Reduces Subsidence Awarded Best Paper at SMISS

AUDUBON, Pa., Oct. 04, 2018 (GLOBE NEWSWIRE) -- Globus Medical, Inc. (NYSE:GMED), a leading musculosk... See more »
April 4, 2018MarketersMedia

Free Research Report as Globus Achieved Record Quarterly Revenues; Adjusted EPS Rose 20.6%

Stock Monitor: EDAP TMS Post Earnings ReportingLONDON, UK / ACCESSWIRE / April 04, 2018 / Active-Inve... See more »
December 11, 2017PR Newswire

Orthobiologics Market - Forecast to Reach $6.06 Billion by 2022

DUBLIN, Dec. 11, 2017 /PRNewswire/ -- The "Orthobiologics Market - Global Forecast to 2022" report ha... See more »
October 17, 2017econotimes

Globus Medical Schedules Third Quarter 2017 Earnings Release and Conference Call

Globus Medical, Inc. (NYSE:GMED), a leading musculoskeletal solutions company, will announce its fina... See more »
September 17, 2017Blackbird

Globus Medical, Depuy Spine, NuVasive, Zimmer-Biomet, Stryker Corporation and Aesculap Implant System

The 2017 market research report on US Artificial Disc Market is an in-depth study and analysis of the... See more »

Globus Medical Videos

February 25, 2020Globus Medical Youtube Channel

"Future Of ExcelsiusGPS®: Dr. Kanalay" on YOUTUBE

December 10, 2019Globus Medical Youtube Channel

"ExcelsiusGPS®: FASTER - More efficient workflow" on YOUTUBE

October 3, 2019Globus Medical Youtube Channel

"ExcelsiusGPS®" on YOUTUBE

April 29, 2019Globus Medical Youtube Channel

"ExcelsiusGPS PatientAnimationVideo Draft002" on YOUTUBE

Social Media

Globus Medical Headquarters

2560 General Armistead Avenue

Montgomery County, Pennsylvania19403

1-610-930-1800

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Globus Medical Summary

ABOUT

Overview

Globus Medical manufactures and commercializes musculoskeletal implants for the treatment of spinal disorders. Globus Medical was founded in 2003. Globus Medical's headquarters is located in Montgomery County, Pennsylvania, USA 19403. It has raised 22...

CEO

Globus Medical's CEO, David M. Demski, currently has an approval rating of 64%. Globus Medical's primary competitors are Medtronic, Stryker & Zimmer Biomet.

Frequently Asked Questions about Globus Medical

  1. When was Globus Medical founded?

    Globus Medical was founded in 2003
  2. Who is Globus Medical's CEO?

    Globus Medical's CEO is David M. Demski
  3. How much revenue does Globus Medical generate?

    Globus Medical generates $825.8M in revenue
  4. How much funding does Globus Medical have?

    Globus Medical has historically raised $228.5M in funding
  1. Where is Globus Medical's headquarters?

    Globus Medical's headquarters is in Montgomery County Pennsylvania, USA
  2. How many employees does Globus Medical have?

    Globus Medical has 1,800 employees
  3. What sector does Globus Medical operate in?

    Globus Medical is in Health Care Equipment
  4. Who are Globus Medical's competitors?

    Globus Medical's top competitors are Medtronic, Stryker, Zimmer Biomet