Globus Medical Inc
NYSE:GMED
Globus Medical Inc
Revenue
Globus Medical Inc
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Globus Medical Inc
NYSE:GMED
|
Revenue
$2.5B
|
CAGR 3-Years
38%
|
CAGR 5-Years
26%
|
CAGR 10-Years
18%
|
|
|
Becton Dickinson and Co
NYSE:BDX
|
Revenue
$20.6B
|
CAGR 3-Years
4%
|
CAGR 5-Years
4%
|
CAGR 10-Years
9%
|
|
|
Boston Scientific Corp
NYSE:BSX
|
Revenue
$16.7B
|
CAGR 3-Years
12%
|
CAGR 5-Years
9%
|
CAGR 10-Years
9%
|
|
|
Stryker Corp
NYSE:SYK
|
Revenue
$22.6B
|
CAGR 3-Years
10%
|
CAGR 5-Years
9%
|
CAGR 10-Years
9%
|
|
|
Abbott Laboratories
NYSE:ABT
|
Revenue
$42B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
6%
|
CAGR 10-Years
8%
|
|
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
Revenue
$8.4B
|
CAGR 3-Years
14%
|
CAGR 5-Years
13%
|
CAGR 10-Years
15%
|
|
Globus Medical Inc
Revenue Breakdown
Breakdown by Geography
Globus Medical Inc
|
Total Revenue:
2.5B
USD
|
|
U [S]:
2B
USD
|
|
Non Us:
519.3m
USD
|
Breakdown by Segments
Globus Medical Inc
|
Total Revenue:
2.5B
USD
|
|
Spine:
2.4B
USD
|
|
Emerging Technology:
154m
USD
|
Globus Medical Inc
Glance View
Globus Medical Inc., founded in 2003, has crafted a distinctive narrative in the landscape of medical technology, rooted in innovation and practicality. Emerging from a profound understanding of spinal pathologies, the company has steadily risen to become a pivotal player in the musculoskeletal sector. Its journey is steered by a commitment to addressing complex spine disorders through the development of cutting-edge products that are not only innovative but also substantially user-friendly for both surgeons and patients. This fusion of technology and practicality is what sets Globus Medical apart. The company relentlessly focuses on expanding its product offerings through significant investments in research and development, continuously pushing the envelope in areas such as minimally invasive surgery, advanced surgical approaches, and imaging, which form the core of its business operations. The heart of Globus Medical's revenue model lies in its expansive product portfolio that serves surgeons and healthcare institutions globally. Their financial engine is powered by the sales of implants and related surgical instruments, meticulously designed to improve surgical outcomes. These products span a wide array of offerings including but not limited to advanced minimally invasive techniques and sophisticated trauma solutions. Beyond the traditional revenue streams, Globus Medical has ventured into promising areas like robotic surgery, thereby augmenting its revenue sources while accessing the benefits of technological advancements. This strategic direction not only strengthens its market position but also ensures it stays at the forefront of providing value-based solutions in the ever-evolving healthcare landscape. By integrating its technological prowess with a deep understanding of clinical needs, Globus Medical continues to carve a robust path for sustainable growth and leadership in the medtech sector.
See Also
What is Globus Medical Inc's Revenue?
Revenue
2.5B
USD
Based on the financial report for Dec 31, 2024, Globus Medical Inc's Revenue amounts to 2.5B USD.
What is Globus Medical Inc's Revenue growth rate?
Revenue CAGR 10Y
18%
Over the last year, the Revenue growth was 61%. The average annual Revenue growth rates for Globus Medical Inc have been 38% over the past three years , 26% over the past five years , and 18% over the past ten years .
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