Globus Medical Double-Digit Growth Driven by Spinal Hardware and ExcelsiusGPS

Globus Medical reported 3Q19 revenue of USD $196.2 million, +15.9% vs. 3Q18.

Increased 2019 full-year revenue guidance to the range of $775 (+8.7%) to $778 million (+9.1%)
Above market growth was driven primarily by “significant” share gains, competitive rep recruiting and implant pull through from ExcelsiusGPS installations

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

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