Globus Medical Research and Development Expenses 2010-2023 | GMED

Globus Medical annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Globus Medical research and development expenses for the quarter ending December 31, 2023 were $0.052B, a 167.86% increase year-over-year.
  • Globus Medical research and development expenses for the twelve months ending December 31, 2023 were $0.124B, a 69.84% increase year-over-year.
  • Globus Medical annual research and development expenses for 2023 were $0.124B, a 69.84% increase from 2022.
  • Globus Medical annual research and development expenses for 2022 were $0.073B, a 24.99% decline from 2021.
  • Globus Medical annual research and development expenses for 2021 were $0.097B, a 15.18% increase from 2020.
Globus Medical Annual Research and Development Expenses
(Millions of US $)
2023 $124
2022 $73
2021 $97
2020 $85
2019 $60
2018 $55
2017 $44
2016 $45
2015 $36
2014 $31
2013 $27
2012 $28
2011 $23
2010 $21
2009 $21
Globus Medical Quarterly Research and Development Expenses
(Millions of US $)
2023-12-31 $52
2023-09-30 $29
2023-06-30 $21
2023-03-31 $21
2022-12-31 $20
2022-09-30 $19
2022-06-30 $17
2022-03-31 $17
2021-12-31 $51
2021-09-30 $16
2021-06-30 $16
2021-03-31 $15
2020-12-31 $15
2020-09-30 $14
2020-06-30 $39
2020-03-31 $15
2019-12-31 $15
2019-09-30 $15
2019-06-30 $16
2019-03-31 $14
2018-12-31 $14
2018-09-30 $16
2018-06-30 $14
2018-03-31 $13
2017-12-31 $11
2017-09-30 $11
2017-06-30 $11
2017-03-31 $11
2016-12-31 $14
2016-09-30 $10
2016-06-30 $11
2016-03-31 $10
2015-12-31 $9
2015-09-30 $9
2015-06-30 $9
2015-03-31 $9
2014-12-31 $8
2014-09-30 $8
2014-06-30 $8
2014-03-31 $7
2013-12-31 $6
2013-09-30 $7
2013-06-30 $7
2013-03-31 $7
2012-12-31 $7
2012-09-30 $7
2012-06-30 $7
2012-03-31 $7
2011-12-31 $6
2011-09-30 $6
2011-06-30 $6
2011-03-31 $6
2010-12-31
2009-12-31
Sector Industry Market Cap Revenue
Medical Medical Instruments Manufacturing $6.953B $1.568B
Globus Medical, Inc. is a medical device company that develops and commercializes healthcare solutions for patients with musculoskeletal disorders. The company currently has its sales operations distributed across counties world wide. Its Musculoskeletal Solutions consist primarily of implantable devices, biologics, accessories, and unique surgical instruments, used in an expansive range of spinal, orthopedic and neurosurgical procedures. The spine products address the vast majority of conditions affecting the spine including degenerative conditions, deformity, tumors and trauma. Enabling Technologies are designed to enhance a surgeon's capabilities and streamline the complicated surgical procedures to be safer, less invasive, accurate and more reproducible to improve patient care and reduce radiation exposure for both patient and caregiver. The technology contains imaging, navigation and robotic assisted surgery solutions. It acquired all assets of StelKast, Inc. and Finnish engineering company Synoste Oy.
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