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Alphatec Holdings, Inc.: Business Overview, Financials & Competitive Analysis

Alphatec Holdings, Inc. scores 7/10 on the AskCyborg Cyborg Score (Strong). Alphatec is building market share in a $15B spine market through ecosystem adoption and innovation, with accelerating revenue and improving profitability trajectory. Q4 and full-year 2025 saw 20% and 25% revenue growth, respectively, with strong margin expansion and positive free cash flow. The company is scaling a minimally invasive.

What is Alphatec Holdings, Inc.'s industry? Alphatec Holdings, Inc. (alphatecspine.com) operates in Orthopedic Devices. AskCyborg classifies Alphatec Holdings, Inc. under Orthopedic Devices in its company registry.

Alphatec Holdings is a medical technology company that designs, develops, and advances technologies for the surgical treatment of spinal disorders, manufacturing and selling implants, instruments, imaging equipment, a...

7/ 10Strong

Cyborg Score thesis

Alphatec is building market share in a $15B spine market through ecosystem adoption and innovation, with accelerating revenue and...

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Industry Orthopedic Devices
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
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Alphatec Holdings, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Alphatec Holdings, Inc. Overview

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Alphatec Holdings is a medical technology company that designs, develops, and advances technologies for the surgical treatment of spinal disorders, manufacturing and selling implants, instruments, imaging equipment, and spare parts. The spine-focused company develops procedural ecosystems, imaging, and biologics to advance spine surgery.

Strategic Profile

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The company achieved $764.16 million in revenue during 2025, a 24.95% increase versus 2024's $611.56 million. Strong surgeon adoption drove full-year 2024 surgical revenue growth of 29% with surgical volume growth of 19% and average revenue per procedure growth of 8%. 2026 guidance was raised for both revenue and Adjusted EBITDA, driven by innovation, surgeon adoption, and operational leverage.

Competitive Landscape

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Alphatec competes in the specialized spine surgical device market against established medical technology companies offering spinal implants, fixation systems, and intraoperative monitoring solutions. Key competitors include manufacturers of competing spinal fusion systems, minimally invasive access platforms, and neuromonitoring technology providers serving orthopedic and neurosurgical customer bases.

Industry Context

Alphatec Holdings, Inc. operates in Orthopedic Devices.

Key facts

Founded: 2005 · Headquarters: Carlsbad, US · Revenue: $764.16M (2025) · Market cap: $1.6B

What the analysts stress-tested

The top findings that survived the multi-agent debate for Alphatec Holdings, Inc..

  • Revenue grew 25% in 2025 to $764M, demonstrating strong procedural volume expansion and market share gains in a competitive spine device market.
  • Active surgeon network users increased 26% year-over-year in Q3 2025 to 700+, indicating deep ecosystem adoption and potential for further procedure growth.
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Recent developments

Material events tracked by the AskCyborg corpus.

  • February 2026Q4 2025 earnings announced with 25% full-year revenue growth and raised 2026 guidance for revenue and Adjusted EBITDA
  • April 2026Filed proxy statement for shareholder voting and corporate governance matters
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Globus MedicalSpinal fusion implants and surgical technologies→Zimmer Biomet SpineOrthopedic and spine implant solutions→Medtronic Navigation & SpineSpine surgery systems and neuromonitoring→Stryker SpineSpine implants and surgical technologies→

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Industry context

Alphatec Holdings, Inc. operates in Orthopedic Devices. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Alphatec Holdings, Inc. do?+
Alphatec Holdings is a medical technology company that designs, develops, and advances technologies for the surgical treatment of spinal disorders, manufacturing and selling implants, instruments, imaging equipment, a...
What is Alphatec Holdings, Inc.'s Cyborg Score?+
Alphatec Holdings, Inc. has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Alphatec Holdings, Inc.'s main competitors?+
Named competitors include Globus Medical, Zimmer Biomet Spine, Medtronic Navigation & Spine, Stryker Spine. The full competitive landscape is in the AskCyborg report.
How can I get the full Alphatec Holdings, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Alphatec Holdings, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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