How Alphatec, Globus Medical and SeaSpine performed in Q3

Spinal Tech

Alphatec, Globus Medical and SeaSpine posted their third-quarter financial reports, and all of them saw increased revenues year over year.

Here is how they compare:


Total revenue: $62.9 million

Notes: Revenue related to EOS imaging reached more than $11 million. The company also grew adoption of the prone transpsoas technique in spine surgery.

Globus Medical

Total revenue: $229.7 million

Musculoskeletal product sales: $209.5 million

Enabling technologies sales: $20.2 million

Notes: Globus Medical acquired Troy, Mich.-based Capstone Surgical Technologies, a robotics company, CEO Dave Demski said in an earnings call. The company also plans to launch the Excelsius 3D imaging system before the end of the year.


Total revenue: $46.4 million

U.S. spinal implant sales: $21.1 million

U.S. orthobiologics sales: $20.1 million

Notes: Integration of 7D Surgical contributed $2.1 million of enabling technologies capital sales revenue. SeaSpine also launched its Mariner Adult Deformity System and 7D Surgical percutaneous spine module for minimally invasive surgery.

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