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ATEC’s Hiring Up, GMED’s Down

Net hiring in Wells Fargo’s universe of all public medical technology companies was up +4.8% year-over-year in the June 2025 quarter—which obviously represents continued growth, but at a slower pace when compared to the first quarter’s +9.8% Y/Y growth.

To put those percentages in perspective, overall U.S. employment is expected to grow by roughly 0.2% in the second quarter of 2025. This translates to an average of around 140,900 new jobs per month, according to the Federal Reserve Bank of Philadelphia.


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