What Globus Medical does

Globus Medical is a publicly traded musculoskeletal medical device company (NYSE: GMED) headquartered in Audubon, Pennsylvania, that designs, manufactures, and sells spinal implants, orthopedic trauma devices, joint reconstruction systems, and neuromodulation products to hospitals and healthcare systems worldwide. The company is built around the Excelsius Technology ecosystem, an integrated robotic and freehand navigation platform that includes ExcelsiusGPS for spinal and cranial robotic guidance, ExcelsiusFlex for flexible robotic applications, ExcelsiusHub as a freehand navigation system, ExcelsiusXR augmented reality headset, and Excelsius3D imaging, complemented by a Power Portfolio of navigated surgical instruments and a regenerative biologics line. Procedure-specific implant franchises include the Modulus family of 3D-printed porous titanium interbodies, the XLIF lateral lumbar interbody fusion platform, Precice magnetically adjustable limb lengthening systems, and the SECURE-C motion-preserving cervical disc.

The business sells primarily through a direct field sales force that targets orthopedic and neurosurgeons supported by the MERC Musculoskeletal Education and Research Center, which provides cadaveric labs, case reviews, and live surgery observations across multiple countries. Revenue is generated principally through hardware sales of implants and instruments to hospitals and healthcare providers under quote-based, multi-year contracts, with a stated strategic shift toward leasing and rental of the ExcelsiusGPS robotic system to convert capital placements into recurring implant and service revenue. The 2023 merger with NuVasive and 2025 acquisition of Nevro extended the portfolio into combined spine, trauma, joint reconstruction, and chronic pain management, and the company operates across approximately 64 countries with FY2025 revenue of $2.939 billion and Q1 2026 revenue growth of 27% year-over-year.

Name

Globus Medical

Legal name

Globus Medical, Inc.

Website

https://globusmedical.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Globus Medical is a publicly traded musculoskeletal implant and enabling-technology company that designs spinal, orthopedic trauma, joint reconstruction, and neuromodulation products around its Excelsius robotic navigation platform, selling through a direct field sales force to hospitals and surgeons across 64 countries.

Ownership category

akta.pro rank

Product category

Spinal Implants and Musculoskeletal Medical Devices

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)

SIC

Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Electromedical & Electrotherapeutic Apparatus (3845)

akta.pro primary industry

Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine) (HLAHAEAL)

akta.pro secondary industries

3D-Printed & Patient-Specific Implants (Custom Ortho/Spine/Cranial) (HLAHAEAJ), Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA)

Keywords

• Spinal implant devices
• Robotic surgical navigation
• Orthopedic trauma solutions
• Musculoskeletal medical devices
• Regenerative biologics

Headquarters

HQ city

Audubon

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Musculoskeletal Implants and Devices: Core revenue from spinal implants, orthopedic trauma devices, joint reconstruction products, and regenerative biologics sold to hospitals and healthcare providers through direct sales force
2. Robotic Systems and Enabling Technology: Revenue from ExcelsiusGPS robotic navigation system sales and service contracts, with strategic shift toward leasing/rental model for recurring revenue
3. Spine Procedures: Comprehensive spine solutions including interbody spacers, fixation systems, access systems, and biologics for various surgical approaches (TLIF, XLIF, ALIF, ACDF, deformity, tumor/trauma)

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Globus Medical designs, manufactures, and sells musculoskeletal medical devices focused on spinal implants, robotic and freehand surgical navigation systems, orthopedic trauma solutions, joint reconstruction systems, and regenerative biologics. The Excelsius™ Technology ecosystem (ExcelsiusGPS™, ExcelsiusFlex™, ExcelsiusHub™, ExcelsiusXR™, Excelsius3D™) serves as the enabling technology platform that integrates with procedurally integrated implant and instrument portfolios. The company sells to hospitals, ambulatory surgery centers, and orthopedic/neurosurgeons globally through direct field sales.

Product overview

Globus Medical is a musculoskeletal solutions company offering a comprehensive portfolio of spinal implants, surgical technologies, and biologics organized around its Excelsius™ Technology ecosystem. The core platform includes ExcelsiusGPS™ (robotic navigation), ExcelsiusFlex™ (flexible robotic navigation), ExcelsiusHub™ (freehand navigation), ExcelsiusXR™ (AR headset), and Excelsius3D™ (imaging) systems. Key product lines include Modulus™ 3D-printed porous titanium implants (Cervical, XLIF, ALIF, TLIF variants), the Precice™ magnetically adjustable limb lengthening system, SECURE-C™ cervical disc, XLIF™ lateral fusion technology, and TLIF procedure solutions. Supporting offerings include Regenerative Biologics, Power Portfolio (DuraPro™, Verzera™), SpineTRACK™ and OrthoTRACK™ registries, and the MERC education and research center providing surgeon training and fellowship programs. The company operates with a platform-plus-modules architecture where Excelsius technology serves as the enabling technology platform integrated with various implant and procedure-specific products.

Differentiator

Problem solved

Functional benefit

Products and services

• ExcelsiusGPS™ Robotic navigation platform for spinal and cranial surgery that provides real-time guidance and visualization to improve surgical precision and patient outcomes for hospitals and surgeons.
• ExcelsiusFlex™

Quantifiable outcome

• Third consecutive quarter of 10%+ U.S. Spine growth
• +6 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature9 records

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Abbott: Competitor in neuromodulation via the Proclaim XR spinal cord stimulation platform and chronic pain therapy offerings. Comparable end market to Nevro's HFX and broader pain management segment within Globus.
• Boston Scientific: Direct competitor in spinal cord stimulation (Precision Spectra, WaveWriter) following the Nevro acquisition. Comparable neuromodulation portfolio and end-market, though Boston Scientific operates a much broader medtech portfolio.
• Johnson & Johnson (DePuy Synthes): Major spine and orthopedics franchise through DePuy Synthes, including the VELYS enabling technology platform. Comparable product overlap in spinal fusion, deformity, and trauma; much larger parent with broader medtech portfolio.
• Zimmer Biomet: Orthopedic reconstruction leader (hip and knee) and increasingly adjacent to enabling technologies. Comparable to Globus's joint reconstruction and trauma portfolios, though much larger and more focused on reconstruction than spine.
• Medtronic: Largest competitor in spine hardware and surgical robotics via the Mazor X robotic platform. Comparable to Globus in cervical/thoracolumbar implants, navigation, and enabling technologies, but with a much broader diversified medtech portfolio.
• Stryker: Operates in spine (post-Wright Medical acquisition) and surgical robotics (Mako). Directly comparable to Globus in spinal procedures and enabling technology but serves multiple end-markets including orthopedics and surgical instruments.

Direct peers

• SI-BONE: Focused on sacroiliac joint fusion and other spine-adjacent musculoskeletal solutions using proprietary triangular titanium implants. Comparable in spine procedural specialization and surgeon training focus, though narrower in scope.
• Alphatec Holdings (ATEC): Pure-play spine company with a procedurally integrated portfolio and a focus on lateral and MIS approaches. Closely comparable in scale, product mix, and surgeon-focused GTM motion.
• Orthofix Medical: Spine and orthopedic trauma company with biologics, fixation, and pulsed electromagnetic field stimulation. Comparable in musculoskeletal implants and biologics, though smaller scale and weaker in robotic enabling tech.
• Surgalign Holdings: Smaller pure-play spine company with a portfolio of spinal hardware and digital health (HOLO Portal). Directly comparable in spine implant focus and product mix, though much smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/globusmedical
• LinkedInlinkedin.com/company/globus-medical
• Instagraminstagram.com/globusmedicalinc
• Xx.com/globusmedical

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A12 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Globus Medical