Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Industry: Medical Devices

Overview Zen Rating Price Value Growth Financials Momentum

Sentiment Forecast Dividends Due Diligence

Medical Devices is Zen Rated C and is the 80th ranked industry out of 145 stock market industries

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
VREX	VAREX IMAGING CORP	$11.91	232,000	-12.45%	11.68	11.39	11.63	11.23	10.09	57.00	76.82	80.19	100.00	97.82	0.06	-0.00	0.07	1.08
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$29.58	232,000	-18.02%	28.28	26.86	21.68	17.36	14.46	75.93	88.36	80.21	58.20	45.90	1.99	2.07	-0.08	1.06
BVS	BIOVENTUS INC	$7.76	274,000	-4.53%	7.43	7.40	7.17	7.09	7.29	59.50	70.94	67.99	74.21	62.93	0.10	0.09	0.01	1.20
STE	STERIS PLC	$251.67	514,000	-19.94%	256.49	259.27	251.43	247.35	239.14	42.56	16.08	14.47	8.37	6.89	-0.29	1.43	-1.72	0.76
AVNS	AVANOS MEDICAL INC	$11.67	376,000	-24.65%	11.54	11.54	11.44	11.52	12.18	53.14	59.64	59.37	73.68	79.73	0.07	0.04	0.03	0.92
ELMD	ELECTROMED INC	$29.75	17,600	-29.60%	29.01	27.82	25.93	24.09	22.95	70.67	83.05	84.14	82.05	88.47	1.20	1.05	0.16	0.47
VMD	VIEMED HEALTHCARE INC	$7.38	141,000	-11.88%	7.12	6.92	6.75	6.78	6.84	65.56	86.51	83.51	79.04	79.77	0.19	0.13	0.06	0.68
LIVN	LIVANOVA PLC	$63.08	462,000	-20.89%	63.19	61.80	56.67	54.71	48.13	62.23	39.89	51.83	7.27	11.32	2.05	2.30	-0.25	0.92
AORT	ARTIVION INC	$47.18	677,000	111.56%	45.06	45.35	44.55	42.52	34.91	61.52	69.41	62.10	80.78	69.11	0.26	0.17	0.09	1.04
GMED	GLOBUS MEDICAL INC	$85.06	1,714,000	29.46%	87.80	87.90	75.37	66.81	65.80	53.17	7.83	15.65	0.00	1.19	2.74	4.13	-1.38	0.99
SNN	SMITH & NEPHEW PLC	$32.54	269,000	-33.08%	32.86	32.85	34.27	35.24	32.00	42.62	16.22	17.27	30.72	32.69	-0.44	-0.47	0.03	0.71
AHCO	ADAPTHEALTH CORP	$10.48	1,038,000	-1.98%	9.97	9.74	9.48	9.36	9.27	66.04	85.01	83.08	89.51	90.46	0.25	0.16	0.09	1.07
AXGN	AXOGEN INC	$31.39	1,364,000	57.14%	30.85	29.24	23.85	19.82	16.81	66.41	39.66	40.19	9.11	4.46	1.88	2.14	-0.27	1.25
IRMD	IRADIMED CORP	$94.02	182,000	130.38%	95.95	93.46	85.14	77.74	66.38	59.34	66.69	76.66	26.09	39.25	3.27	3.65	-0.37	0.88
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$13.04	646,000	-6.92%	13.37	12.98	13.29	13.75	14.70	49.26	29.54	47.15	10.47	29.23	0.12	0.09	0.03	1.04
PODD	INSULET CORP	$289.57	698,000	-32.17%	296.57	310.19	317.24	319.22	301.44	35.75	2.96	4.27	1.65	2.39	-9.10	-6.80	-2.30	1.15
DXCM	DEXCOM INC	$65.75	5,234,000	13.05%	66.40	64.26	64.07	69.87	74.21	54.31	53.69	62.64	21.31	40.13	1.06	0.78	0.29	1.16
ANIK	ANIKA THERAPEUTICS INC	$9.43	155,000	-0.64%	9.54	9.62	9.63	9.27	11.12	43.88	20.16	23.12	21.37	26.39	-0.05	-0.03	-0.02	0.82
EW	EDWARDS LIFESCIENCES CORP	$84.84	3,900,000	-34.45%	84.43	84.93	81.88	80.12	77.21	53.30	44.09	29.57	32.02	20.21	0.39	0.67	-0.28	0.86
SYK	STRYKER CORP	$352.58	1,914,000	-18.66%	355.16	361.92	365.90	373.80	375.67	40.05	20.81	22.04	28.40	27.93	-4.04	-3.05	-1.00	0.87
SNWV	SANUWAVE HEALTH INC	$32.11	41,000	-24.63%	31.41	32.46	31.77	34.70	N/A	50.21	48.70	46.38	53.45	46.59	-0.27	-0.17	-0.10	0.72
ITGR	INTEGER HOLDINGS CORP	$74.13	419,000	-53.96%	71.93	71.18	77.46	91.48	105.10	54.70	86.80	85.75	100.00	100.00	-0.57	-1.60	1.03	0.91
MASI	MASIMO CORP	$135.72	986,000	0.92%	139.04	141.32	144.61	145.66	153.89	39.65	13.57	17.16	11.30	15.94	-2.37	-1.74	-0.63	1.11
BWAY	BRAINSWAY LTD	$16.25	54,700	-34.10%	17.27	16.62	16.26	15.36	12.86	46.17	51.20	63.95	17.68	35.98	0.30	0.37	-0.07	0.85
CERS	CERUS CORP	$2.19	3,014,000	66.24%	2.05	1.89	1.69	1.51	1.45	65.30	76.61	78.39	29.66	38.25	0.14	0.12	0.02	1.78
MDT	MEDTRONIC PLC	$98.30	5,575,000	-1.13%	99.92	101.32	97.14	95.17	91.11	45.84	7.32	7.13	2.57	1.29	0.41	1.16	-0.75	0.59
ALGN	ALIGN TECHNOLOGY INC	$160.58	1,060,000	-17.57%	161.08	152.90	141.95	140.20	159.46	66.22	78.48	84.68	42.71	63.83	6.63	6.17	0.46	1.57
TMDX	TRANSMEDICS GROUP INC	$121.93	759,000	-14.14%	130.23	135.05	126.63	121.91	112.52	40.38	8.23	7.76	2.88	1.92	-0.60	1.84	-2.44	1.63
PEN	PENUMBRA INC	$309.26	494,000	-26.16%	303.03	296.64	271.43	264.46	265.28	64.95	77.58	81.75	65.40	65.33	10.61	10.27	0.34	1.04
DCTH	DELCATH SYSTEMS INC	$9.96	564,000	14.63%	10.01	9.61	9.82	10.36	11.87	54.26	58.07	68.72	48.84	67.22	0.17	0.09	0.08	0.92
APYX	APYX MEDICAL CORP	$3.65	50,000	-32.43%	3.90	3.95	3.58	2.84	2.18	43.43	9.22	14.34	0.00	0.67	0.05	0.13	-0.08	1.30
CNMD	CONMED CORP	$39.80	773,000	50.98%	40.29	41.67	43.71	47.71	51.40	39.80	20.19	24.37	33.18	36.03	-1.25	-1.11	-0.13	1.09
PHG	KONINKLIJKE PHILIPS NV	$26.13	563,000	-1.92%	26.72	27.21	27.77	27.63	26.00	34.83	5.84	11.21	2.15	6.66	-0.41	-0.29	-0.12	0.92
ATEC	ALPHATEC HOLDINGS INC	$19.57	1,551,000	-38.70%	20.42	20.78	18.59	16.82	13.96	44.61	8.87	9.81	0.52	0.68	0.22	0.59	-0.37	1.23
SIBN	SI-BONE INC	$19.14	353,000	-41.85%	19.01	19.12	17.13	16.40	16.44	58.06	42.91	28.70	25.47	13.80	0.48	0.63	-0.15	1.19
ZBH	ZIMMER BIOMET HOLDINGS INC	$91.56	2,173,000	5.23%	92.45	93.14	95.21	98.01	98.41	44.07	14.57	17.56	11.31	8.77	-0.79	-0.72	-0.07	0.66
NPCE	NEUROPACE INC	$15.62	245,000	25.00%	16.29	15.95	13.18	11.33	11.54	55.42	15.71	34.97	0.00	0.00	0.82	1.07	-0.25	0.95
IRTC	IRHYTHM TECHNOLOGIES INC	$167.38	306,000	-43.02%	172.13	176.49	177.67	173.28	149.51	36.60	5.76	7.23	0.42	0.42	-2.61	-1.22	-1.39	1.27
BIO	BIO-RAD LABORATORIES INC	$301.28	180,000	4.05%	310.27	314.74	314.86	298.77	270.57	39.86	13.96	15.43	0.70	4.46	-2.33	-0.23	-2.10	0.97
BSX	BOSTON SCIENTIFIC CORP	$94.48	12,336,000	-15.33%	93.83	96.46	98.58	100.58	101.03	42.41	21.48	13.90	28.89	18.15	-1.93	-1.55	-0.38	0.72
SGHT	SIGHT SCIENCES INC	$8.15	182,000	-37.02%	8.30	8.06	6.32	5.02	4.14	59.09	52.57	60.55	11.53	9.31	0.54	0.67	-0.13	1.79
CTKB	CYTEK BIOSCIENCES INC	$4.81	1,032,000	-28.13%	4.88	5.21	4.66	4.27	3.90	46.53	11.96	8.81	9.52	5.59	-0.01	0.10	-0.11	1.43
INSP	INSPIRE MEDICAL SYSTEMS INC	$118.27	1,580,000	-47.09%	132.25	123.68	97.86	92.80	119.53	51.47	9.44	28.36	2.27	5.55	8.42	11.69	-3.27	1.36
QDEL	QUIDELORTHO CORP	$29.39	790,000	-13.09%	28.48	27.08	26.45	26.85	28.75	62.13	69.00	71.84	61.25	62.56	1.04	0.75	0.29	0.93
GKOS	GLAUKOS CORP	$112.42	872,000	-26.60%	109.74	106.12	93.01	90.54	93.58	71.89	85.14	86.48	78.85	79.09	5.52	5.51	0.01	1.20
INMD	INMODE LTD	$14.31	460,000	-11.54%	14.41	14.26	14.69	14.67	15.04	47.29	59.27	68.37	53.27	71.88	-0.03	-0.07	0.04	1.67
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.93	6,105,000	5.90%	2.24	2.25	1.99	1.65	1.45	42.86	6.02	9.25	0.00	0.00	0.04	0.10	-0.06	2.52
MASS	908 DEVICES INC	$5.66	477,000	-4.98%	6.28	6.19	7.07	6.92	6.21	34.80	9.22	17.60	0.00	7.31	-0.24	-0.22	-0.02	1.75
ABT	ABBOTT LABORATORIES	$126.71	4,947,000	16.62%	124.72	125.88	127.20	129.64	130.40	51.31	72.64	65.26	86.06	81.29	-0.50	-0.80	0.31	0.55
OFIX	ORTHOFIX MEDICAL INC	$15.47	183,000	-1.61%	15.69	15.63	15.35	14.69	13.82	49.03	31.06	39.82	12.05	12.25	0.10	0.15	-0.05	0.99
LNSR	LENSAR INC	$11.93	56,000	101.44%	11.51	10.79	11.25	11.87	12.76	64.44	92.15	92.46	95.23	96.84	0.24	0.05	0.19	0.49
INGN	INOGEN INC	$6.82	135,000	-17.18%	6.88	6.90	7.54	7.67	7.28	42.34	30.51	43.87	54.93	70.06	-0.16	-0.20	0.04	1.21
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$74.71	1,302,000	56.30%	72.22	70.08	59.85	49.79	43.62	74.10	86.46	88.29	87.26	84.72	3.75	3.96	-0.22	1.62
NVCR	NOVOCURE LTD	$12.33	1,857,000	70.68%	12.71	12.35	12.64	12.48	15.04	48.60	62.01	71.57	61.51	73.77	0.17	0.08	0.09	1.45
CBLL	CERIBELL INC	$21.59	497,000	18.33%	20.73	18.43	14.80	13.53	15.59	76.14	69.93	68.61	48.23	46.79	2.16	1.94	0.22	1.57
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$2.87	552,000	39.04%	3.58	3.68	6.25	8.20	86.67	31.08	7.94	13.34	4.23	17.35	-0.79	-0.88	0.09	1.31
PROF	PROFOUND MEDICAL CORP	$7.64	103,000	3.00%	7.22	6.77	6.31	5.59	5.63	67.14	84.72	87.01	88.65	90.58	0.40	0.32	0.08	1.00
BRKR	BRUKER CORP	$44.41	1,368,000	-7.25%	46.12	46.67	42.00	37.68	39.07	48.20	13.60	16.13	2.41	3.65	0.90	1.56	-0.66	1.10
BFLY	BUTTERFLY NETWORK INC	$3.17	4,656,000	-23.80%	3.12	3.00	2.58	2.13	2.21	58.36	68.51	62.34	63.60	50.28	0.20	0.20	0.00	2.30
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.40	207,000	176.00%	1.46	1.45	1.42	1.85	3.35	47.11	15.19	16.32	10.13	7.42	-0.01	-0.01	-0.01	-0.10
POAS	PHAOS TECHNOLOGY (CAYMAN) HOLDINGS LTD	$3.76	576,000	-53.47%	3.70	3.71	N/A	N/A	N/A	63.43	66.67	63.36	N/A	N/A	N/A	N/A	N/A	1.63
HYPR	HYPERFINE INC	$0.95	260,000	-65.92%	1.00	1.01	1.21	1.26	1.01	41.57	35.95	37.50	40.71	46.24	-0.05	-0.06	0.00	1.23
LUNG	PULMONX CORP	$2.54	867,000	-13.82%	2.36	1.98	1.81	1.77	3.09	69.54	87.46	89.23	91.37	95.34	0.23	0.16	0.07	1.45
TNDM	TANDEM DIABETES CARE INC	$22.42	1,796,000	-37.27%	21.38	20.92	17.68	15.17	17.08	67.28	73.77	76.36	75.59	53.79	1.27	1.27	-0.00	1.36
PMI	PICARD MEDICAL INC	$2.23	104,000	-39.88%	2.67	2.41	4.71	N/A	N/A	39.53	18.58	20.80	46.94	48.83	-0.45	-0.58	0.13	0.20
SRTS	SENSUS HEALTHCARE INC	$3.77	68,000	111.18%	3.85	3.96	3.72	3.66	4.17	46.43	26.40	21.10	14.75	13.12	-0.01	0.04	-0.05	0.94
OM	OUTSET MEDICAL INC	$3.77	383,000	-43.43%	4.23	4.30	8.90	11.51	13.35	22.28	10.39	13.76	57.77	67.39	-1.27	-1.54	0.27	1.42
SI	SHOULDER INNOVATIONS INC	$15.25	87,000	-13.00%	15.03	16.81	14.22	N/A	N/A	49.64	16.40	7.16	15.83	6.09	0.08	0.43	-0.35	3.47
BBNX	BETA BIONICS INC	$29.19	1,546,000	133.53%	29.35	29.73	26.48	22.96	18.59	53.28	36.60	36.73	22.86	25.22	0.71	0.97	-0.26	1.88
TLSI	TRISALUS LIFE SCIENCES INC	$7.30	136,000	-4.23%	7.15	6.56	5.43	5.03	5.15	68.00	80.88	84.13	15.26	21.65	0.62	0.59	0.03	0.19
SSII	SS INNOVATIONS INTERNATIONAL INC	$5.87	44,700	-33.28%	5.86	6.02	7.14	6.81	N/A	44.36	28.78	18.38	41.85	25.95	-0.36	-0.36	-0.01	0.18
KIDS	ORTHOPEDIATRICS CORP	$17.32	146,000	18.70%	18.11	18.01	17.44	18.58	20.49	44.71	19.93	24.18	13.65	13.68	0.11	0.20	-0.09	1.20
ARAY	ACCURAY INC	$0.94	1,624,000	154.15%	1.02	1.02	1.28	1.41	1.47	34.33	31.64	50.01	41.27	62.87	-0.06	-0.08	0.01	1.51
MOVE	MOVANO INC	$7.14	63,400	54.63%	8.43	9.38	8.33	7.57	9.39	41.08	17.74	29.93	18.68	30.94	-0.20	0.09	-0.29	1.12
MXCT	MAXCYTE INC	$1.49	652,000	-0.31%	1.53	1.59	1.60	1.57	2.05	43.85	16.67	22.22	10.77	17.15	-0.03	-0.02	-0.01	1.45
RPID	RAPID MICRO BIOSYSTEMS INC	$3.34	214,000	242.40%	3.75	3.95	3.54	3.29	3.12	36.38	17.16	15.58	2.80	1.87	-0.03	0.08	-0.11	1.23
QTRX	QUANTERIX CORP	$7.00	712,000	33.58%	7.51	7.19	6.20	5.66	5.80	52.87	46.98	61.19	0.00	7.79	0.39	0.47	-0.08	1.93
ICCM	ICECURE MEDICAL LTD	$0.68	927,000	139.53%	0.68	0.69	0.74	0.86	0.98	45.84	23.12	18.13	26.60	16.45	-0.02	-0.02	0.00	0.75
RBOT	VICARIOUS SURGICAL INC	$2.38	99,000	-13.91%	2.71	2.71	4.21	5.51	6.69	32.97	5.13	8.19	35.10	48.40	-0.44	-0.49	0.05	1.49
IVF	INVO FERTILITY INC	$1.07	360,000	236.45%	1.38	1.78	3.68	6.52	24.64	26.78	2.69	3.05	0.00	7.46	-0.75	-0.80	0.06	1.03
RXST	RXSIGHT INC	$12.60	950,000	75.60%	12.63	11.71	9.94	9.30	12.59	66.18	76.37	80.66	13.58	32.60	0.83	0.85	-0.01	1.27
PRCT	PROCEPT BIOROBOTICS CORP	$33.78	1,078,000	8.23%	35.36	32.90	33.10	36.56	46.93	50.77	67.70	73.87	73.64	84.88	0.87	0.56	0.31	1.28
SENS	SENSEONICS HOLDINGS INC	$6.09	411,000	48.91%	6.75	6.29	6.90	8.09	9.92	41.54	52.63	69.97	44.04	66.57	-0.01	-0.07	0.06	1.93
CLPT	CLEARPOINT NEURO INC	$13.56	1,185,000	-38.51%	13.33	13.68	18.68	15.97	14.21	41.55	39.62	23.42	62.78	33.59	-1.19	-1.43	0.24	1.82
TMCI	TREACE MEDICAL CONCEPTS INC	$2.58	667,000	-24.89%	2.75	2.80	4.49	5.61	6.18	27.59	19.08	30.64	65.43	76.56	-0.46	-0.57	0.11	1.28
UFPT	UFP TECHNOLOGIES INC	$224.19	174,000	25.18%	216.71	218.99	212.81	211.41	218.27	56.03	59.74	51.29	67.96	55.70	0.62	0.87	-0.24	0.90
CATX	PERSPECTIVE THERAPEUTICS INC	$2.59	1,491,000	-31.00%	2.56	2.38	2.80	3.16	3.01	52.47	71.60	73.97	78.83	85.29	0.03	-0.05	0.08	1.25
NNOX	NANO-X IMAGING LTD	$3.01	1,227,000	23.56%	3.42	3.73	3.68	3.90	4.57	36.17	5.01	5.05	0.70	0.70	-0.13	-0.04	-0.09	1.81
AMIX	AUTONOMIX MEDICAL INC	$0.60	536,000	25.23%	0.75	0.87	0.96	1.05	1.39	31.57	1.00	1.39	0.00	0.72	-0.09	-0.06	-0.03	0.61
VVOS	VIVOS THERAPEUTICS INC	$1.95	148,000	5.71%	2.09	2.13	2.49	3.25	3.26	33.36	9.68	16.88	19.54	34.47	-0.14	-0.14	0.01	0.86
CVRX	CVRX INC	$7.98	114,000	-1.72%	8.56	9.02	9.48	8.55	8.27	33.13	5.93	8.57	5.22	4.68	-0.36	-0.24	-0.12	1.56
SINT	SINTX TECHNOLOGIES INC	$3.50	7,900	-71.79%	3.85	3.70	3.65	3.73	3.27	46.31	21.74	29.96	7.02	15.53	0.02	0.06	-0.04	1.48
XAIR	BEYOND AIR INC	$0.94	93,000	-64.64%	1.09	1.17	1.70	2.09	3.15	28.22	4.72	8.71	21.10	30.88	-0.19	-0.20	0.01	1.02
LUCD	LUCID DIAGNOSTICS INC	$1.11	648,000	75.14%	1.10	1.07	1.13	1.10	1.19	52.41	68.16	76.21	65.57	77.17	0.01	-0.00	0.01	0.81
STEX	STREAMEX CORP	$3.55	877,000	-19.62%	4.23	4.17	4.56	4.83	4.17	35.48	3.92	25.28	0.00	16.43	-0.14	-0.10	-0.04	1.18
AEMD	AETHLON MEDICAL INC	$2.85	20,500	-26.79%	3.45	3.76	4.70	7.70	16.51	35.00	0.49	4.05	0.00	4.19	-0.49	-0.45	-0.04	0.85
COCH	ENVOY MEDICAL INC	$0.70	135,000	-55.15%	0.80	0.79	0.79	1.01	1.24	38.43	0.78	23.07	0.00	9.66	-0.01	0.00	-0.01	0.06
NXL	NEXALIN TECHNOLOGY INC	$0.80	202,000	141.92%	0.92	0.97	1.22	1.06	1.28	30.60	3.52	7.93	0.00	17.38	-0.09	-0.08	-0.01	1.40
MYO	MYOMO INC	$0.92	738,000	106.15%	1.03	0.94	0.96	1.06	2.34	46.35	48.93	63.73	29.82	49.72	0.03	0.03	0.00	1.36
RCEL	AVITA MEDICAL INC	$3.27	233,000	-17.08%	3.45	3.60	3.94	4.52	5.88	31.93	9.08	15.81	0.38	8.56	-0.17	-0.16	-0.01	1.42

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Dec 2025?

According to Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best medical equipment stocks to buy right now are:

1. Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ:VREX) is the #1 top medical device stock out of 139 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Varex Imaging (NASDAQ:VREX) is: Value: B, Growth: A, Momentum: C, Sentiment: A, Safety: B, Financials: B, and AI: B.

Varex Imaging (NASDAQ:VREX) has a Due Diligence Score of 24, which is -3 points lower than the medical device industry average of 27. Although this number is below the industry average, our proven quant model rates VREX as a "A".

VREX passed 7 out of 33 due diligence checks and has weak fundamentals. Varex Imaging has seen its stock lose -21.44% over the past year, overperforming other medical device stocks by 11 percentage points.

Varex Imaging has an average 1 year price target of $16.67, an upside of 39.94% from Varex Imaging's current stock price of $11.91.

Varex Imaging stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Varex Imaging, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) is the #2 top medical device stock out of 139 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Tactile Systems Technology (NASDAQ:TCMD) is: Value: B, Growth: B, Momentum: B, Sentiment: A, Safety: C, Financials: A, and AI: C.

Tactile Systems Technology (NASDAQ:TCMD) has a Due Diligence Score of 45, which is 18 points higher than the medical device industry average of 27.

TCMD passed 14 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 65.99% over the past year, overperforming other medical device stocks by 98 percentage points.

Tactile Systems Technology has an average 1 year price target of $23.25, a downside of -21.4% from Tactile Systems Technology's current stock price of $29.58.

Tactile Systems Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) is the #3 top medical device stock out of 139 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

The Component Grade breakdown for Bioventus (NASDAQ:BVS) is: Value: A, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 33, which is 6 points higher than the medical device industry average of 27.

BVS passed 11 out of 33 due diligence checks and has average fundamentals. Bioventus has seen its stock lose -30.4% over the past year, overperforming other medical device stocks by 2 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 54.64% from Bioventus's current stock price of $7.76.

Bioventus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Bioventus, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the medical device stocks with highest dividends?

Out of 8 medical device stocks that have issued dividends in the past year, the 3 medical device stocks with the highest dividend yields are:

1. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) has an annual dividend yield of 2.34%, which is 1 percentage points higher than the medical device industry average of 1.07%. Smith & Nephew's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Smith & Nephew's dividend has not shown consistent growth over the last 10 years.

Smith & Nephew's dividend payout ratio of 66.7% indicates that its dividend yield is sustainable for the long-term.

2. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) has an annual dividend yield of 1.51%, which is the same as the medical device industry average of 1.07%. Conmed's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Conmed's dividend has not shown consistent growth over the last 10 years.

Conmed's dividend payout ratio of 38.8% indicates that its dividend yield is sustainable for the long-term.

3. Abbott Laboratories (NYSE:ABT)

Abbott Laboratories (NYSE:ABT) has an annual dividend yield of 1.4%, which is the same as the medical device industry average of 1.07%. Abbott Laboratories's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Abbott Laboratories's dividend has shown consistent growth over the last 10 years.

Abbott Laboratories's dividend payout ratio of 29.5% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks down?

Medical device stocks were down -0.14% in the last day, and down -1.71% over the last week.

We couldn't find a catalyst for why medical device stocks are down.

What are the most undervalued medical device stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued medical device stocks right now are:

1. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) is the most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Conmed has a valuation score of 71, which is 57 points higher than the medical device industry average of 14. It passed 5 out of 7 valuation due diligence checks.

Conmed's stock has dropped -44.12% in the past year. It has underperformed other stocks in the medical device industry by -12 percentage points.

2. Inmode (NASDAQ:INMD)

Inmode (NASDAQ:INMD) is the second most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Inmode has a valuation score of 71, which is 57 points higher than the medical device industry average of 14. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -19.74% in the past year. It has overperformed other stocks in the medical device industry by 13 percentage points.

3. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) is the third most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Bioventus has a valuation score of 29, which is 15 points higher than the medical device industry average of 14. It passed 2 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -30.4% in the past year. It has overperformed other stocks in the medical device industry by 2 percentage points.

Are medical device stocks a good buy now?

54.17% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 24.81% over the next year.

7.92% of medical device stocks have a Zen Rating of A (Strong Buy), 17.82% of medical device stocks are rated B (Buy), 49.5% are rated C (Hold), 21.78% are rated D (Sell), and 2.97% are rated F (Strong Sell).

What is the average p/e ratio of the medical devices industry?

The average P/E ratio of the medical devices industry is 24.44x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Medical Device Stocks FAQ

1. Varex Imaging (NASDAQ:VREX)

2. Tactile Systems Technology (NASDAQ:TCMD)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Conmed (NYSE:CNMD)

3. Abbott Laboratories (NYSE:ABT)

1. Conmed (NYSE:CNMD)

2. Inmode (NASDAQ:INMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesHealthcareMedical DevicesBest Medical Device Stocks to Buy Now (2025)Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Medical Device Stocks FAQ

1. Varex Imaging (NASDAQ:VREX)

2. Tactile Systems Technology (NASDAQ:TCMD)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Conmed (NYSE:CNMD)

3. Abbott Laboratories (NYSE:ABT)

1. Conmed (NYSE:CNMD)

2. Inmode (NASDAQ:INMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.