Healthcare

GLOBUS MEDICAL, INC.

Company Profile Analysis

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GLOBUS MEDICAL, INC. - Healthcare showcase

Year Founded & Workforce

2002-12-31

1,500 Employees

Industry

Healthcare

Services

G

GLOBUS MEDICAL, INC. Overview

Company Headquarters: Audubon, Pennsylvania

Founded: 2003

Workforce: ~1,500

Company Working: Globus Medical, Inc. (Globus) is a medical device company that develops and commercializes solutions for the treatment of musculoskeletal disorders. Globus is one of the fastest-growing companies in the history of orthopedics. The company focuses on implants that promote healing in patients with spine disorders. It is driven to utilize superior engineering and technology to achieve pain-free, active lives for all patients. It operates through two segments, namely, spinal products and emerging technologies.

Strategy

The goal of Globus is to offer surgeons a complete suite of products that they can use to most effectively treat their patients, based on the patient’s specific anatomy and condition and the surgeon’s particular training and surgical preference. The company believes that there is a significant opportunity to strengthen its position in the US market by increasing the size of its US sales force. It also intends to add additional direct and distributor sales representatives in the future.

Company Snapshot

$564M

Revenue

1,500

Employees

2002-12-31

Founded

Audubon, Pennsylvania

Headquarters

SWOT Analysis

Strengths

  • Strong brand portfolio

Weaknesses

  • High cost of products

Opportunities

  • Expansion in untapped regions
  • Unmet medical needs in developing and underdeveloped regions

Threats

  • Regulatory policies
  • Continuous advancements in technologies

Key Developments

DateApproachDevelopment
February 2017Product LaunchGlobus launched the QUARTEX OCT Stabilization System. With this, the company expanded its product portfolio.

Product Offering

  • GLOBUS MEDICAL, INC.
    • Thoracolumbar

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles GLOBUS MEDICAL, INC. as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

GLOBUS MEDICAL, INC.

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