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 D and is the 99th 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
STE	STERIS PLC	$235.70	604,000	-13.47%	240.00	239.52	243.90	239.44	233.07	37.31	29.88	43.25	10.83	36.76	-1.52	-1.19	-0.33	0.76
LIVN	LIVANOVA PLC	$52.63	497,000	90.42%	53.99	53.33	54.48	50.37	46.33	44.70	45.35	57.56	16.44	38.99	0.01	0.10	-0.09	0.91
BVS	BIOVENTUS INC	$6.55	233,000	-15.88%	6.89	6.79	6.96	6.86	7.76	42.21	26.59	36.58	26.25	41.16	-0.03	-0.02	-0.02	1.21
ELMD	ELECTROMED INC	$24.06	23,700	-17.13%	24.45	24.56	24.28	21.94	23.71	46.87	25.45	28.35	6.70	9.46	0.03	0.17	-0.13	0.49
SNN	SMITH & NEPHEW PLC	$36.82	496,000	85.77%	36.47	36.05	36.66	34.24	30.86	56.19	50.83	52.21	40.90	44.46	0.05	0.01	0.04	0.72
AHCO	ADAPTHEALTH CORP	$8.99	1,065,000	18.20%	9.31	9.15	9.15	9.18	9.32	45.67	38.40	52.94	17.84	39.23	0.02	0.05	-0.02	1.09
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$15.07	185,000	86.87%	15.00	14.83	14.12	12.41	13.03	60.73	70.04	78.13	47.49	65.29	0.32	0.33	-0.01	1.09
AXGN	AXOGEN INC	$22.22	1,215,000	-35.54%	19.17	17.81	17.12	14.69	15.42	77.13	91.12	90.32	96.14	93.99	1.22	0.63	0.59	1.27
EW	EDWARDS LIFESCIENCES CORP	$82.45	11,512,000	76.51%	79.24	76.85	77.56	77.52	75.16	68.60	80.98	84.61	95.54	98.51	1.55	0.53	1.03	0.87
DXCM	DEXCOM INC	$58.22	26,551,000	268.87%	68.47	67.39	71.08	76.97	78.26	25.24	41.24	56.85	34.40	53.98	-1.21	-0.92	-0.29	1.17
AVNS	AVANOS MEDICAL INC	$11.11	359,000	20.88%	11.57	11.40	11.74	11.71	12.94	41.07	38.10	49.44	26.65	50.35	-0.07	-0.05	-0.02	0.93
VMD	VIEMED HEALTHCARE INC	$6.46	161,000	51.89%	6.75	6.80	6.84	6.78	7.05	37.21	7.20	21.04	5.39	27.03	-0.06	-0.02	-0.05	0.67
IRMD	IRADIMED CORP	$76.81	59,000	-3.28%	77.32	75.58	73.14	67.61	61.23	55.52	62.76	71.49	34.04	57.09	1.62	1.57	0.05	0.86
PODD	INSULET CORP	$313.01	544,000	34.65%	322.07	318.82	326.40	313.44	295.44	42.92	11.35	26.64	6.27	26.73	-1.12	-0.55	-0.57	1.14
AORT	ARTIVION INC	$45.37	552,000	54.62%	44.12	42.54	42.24	37.76	32.34	69.63	88.33	90.33	92.22	95.18	1.14	0.78	0.36	1.06
BSX	BOSTON SCIENTIFIC CORP	$100.72	5,662,000	-17.10%	101.28	99.04	100.79	102.31	101.86	53.08	54.74	57.14	54.89	60.03	0.50	0.19	0.32	0.73
ATEC	ALPHATEC HOLDINGS INC	$18.99	11,585,000	181.46%	16.37	15.09	15.28	13.79	12.50	80.02	82.22	85.14	92.24	93.99	0.72	0.35	0.37	1.21
BWAY	BRAINSWAY LTD	$16.85	22,300	-33.43%	16.60	16.05	15.72	14.02	11.93	62.80	79.31	77.86	73.46	74.22	0.45	0.37	0.08	0.82
MASI	MASIMO CORP	$140.65	787,000	119.22%	145.86	147.19	144.98	152.23	159.33	38.38	9.63	14.09	0.00	5.30	-0.75	0.10	-0.85	1.12
VREX	VAREX IMAGING CORP	$11.69	242,000	9.01%	11.89	11.69	11.72	10.11	10.39	49.21	53.96	66.46	33.21	61.74	0.10	0.10	0.00	1.09
BIO	BIO-RAD LABORATORIES INC	$319.55	285,000	-33.57%	327.57	315.98	298.60	276.97	271.37	54.67	38.73	52.67	9.89	23.00	8.40	10.06	-1.65	0.95
TMDX	TRANSMEDICS GROUP INC	$131.54	1,351,000	-51.02%	128.28	120.96	117.14	119.96	102.87	62.82	82.85	85.98	88.70	91.74	4.81	3.10	1.71	1.63
INMD	INMODE LTD	$14.77	409,000	0.74%	15.37	15.34	15.10	14.68	15.65	42.92	5.53	11.40	1.67	4.67	-0.02	0.10	-0.11	1.68
SYK	STRYKER CORP	$356.24	2,750,000	55.63%	376.86	373.13	378.18	382.66	380.29	34.06	13.97	28.84	11.34	27.19	-1.55	-0.25	-1.30	0.88
IRTC	IRHYTHM TECHNOLOGIES INC	$187.30	1,385,000	146.44%	182.23	180.00	177.00	162.25	139.03	63.61	55.38	62.54	92.65	86.99	2.86	2.33	0.54	1.26
SNWV	SANUWAVE HEALTH INC	$28.94	185,000	-2.12%	30.50	32.04	35.37	35.37	N/A	38.63	6.01	7.87	11.14	14.94	-1.62	-1.38	-0.24	0.73
DCTH	DELCATH SYSTEMS INC	$9.83	1,273,000	28.59%	10.29	10.76	10.95	11.50	12.83	40.04	8.95	8.15	6.61	4.08	-0.35	-0.18	-0.17	0.90
PEN	PENUMBRA INC	$227.37	576,000	70.92%	243.09	249.00	258.08	252.06	263.73	27.06	8.61	11.08	0.00	1.11	-6.19	-3.75	-2.44	1.01
ZBH	ZIMMER BIOMET HOLDINGS INC	$100.56	1,776,000	25.42%	101.97	100.14	101.48	98.37	100.59	49.73	45.30	49.91	35.12	49.00	0.29	0.33	-0.04	0.68
ALGN	ALIGN TECHNOLOGY INC	$137.88	1,641,000	-57.28%	135.50	132.79	133.39	154.56	169.39	57.95	49.46	55.69	80.20	72.50	0.88	0.04	0.84	1.57
GMED	GLOBUS MEDICAL INC	$60.39	1,495,000	87.11%	62.04	60.42	59.37	58.34	66.31	50.78	54.43	65.99	31.11	56.25	0.87	0.91	-0.03	0.98
MDT	MEDTRONIC PLC	$90.70	5,960,000	6.11%	93.63	95.06	94.36	92.00	89.81	31.25	6.19	12.28	0.00	1.35	-0.84	-0.19	-0.66	0.60
PHG	KONINKLIJKE PHILIPS NV	$27.32	859,000	-13.41%	28.17	28.02	27.85	26.49	25.88	43.33	40.08	45.19	7.59	16.13	0.00	0.14	-0.14	0.92
ITGR	INTEGER HOLDINGS CORP	$64.57	2,618,000	68.14%	80.26	91.97	99.57	106.72	115.79	18.25	2.64	2.95	1.72	0.57	-10.33	-6.32	-4.01	0.94
SIBN	SI-BONE INC	$14.83	289,000	2.48%	15.38	15.23	15.33	16.23	16.28	44.39	35.09	54.13	18.67	48.55	0.03	0.04	-0.00	1.20
CNMD	CONMED CORP	$44.00	655,000	3.15%	47.08	46.02	49.23	50.69	55.17	36.47	34.88	50.45	29.39	52.23	-0.73	-0.73	0.00	1.12
GKOS	GLAUKOS CORP	$88.07	1,348,000	-70.29%	78.83	82.14	85.37	90.74	101.09	59.45	41.13	32.02	77.69	54.46	-0.95	-1.81	0.87	1.20
QDEL	QUIDELORTHO CORP	$26.99	1,192,000	-1.08%	28.84	28.21	28.45	27.81	31.42	42.60	32.90	43.39	14.86	27.70	-0.10	0.11	-0.22	0.87
ABT	ABBOTT LABORATORIES	$123.62	7,045,000	44.51%	126.47	129.09	131.46	131.36	130.89	31.20	6.12	9.29	1.92	6.01	-2.14	-1.60	-0.54	0.55
OFIX	ORTHOFIX MEDICAL INC	$15.44	190,000	-34.93%	15.78	15.17	14.88	13.28	14.26	54.30	53.14	63.06	15.27	38.80	0.32	0.34	-0.01	1.00
SRDX	SURMODICS INC	$27.44	125,000	60.26%	27.56	27.93	30.57	31.62	31.23	34.13	22.87	21.76	71.63	62.79	-0.93	-1.03	0.10	0.83
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$12.01	2,118,000	-55.75%	14.98	14.65	14.70	13.71	16.62	33.21	33.21	52.96	23.01	47.36	-0.16	0.16	-0.32	1.04
INGN	INOGEN INC	$8.24	90,000	-28.57%	8.57	8.49	8.37	7.62	7.84	45.31	34.56	43.64	11.46	24.69	0.03	0.09	-0.06	1.20
CERS	CERUS CORP	$1.47	1,291,000	31.07%	1.52	1.56	1.44	1.40	1.45	46.93	12.74	12.33	11.08	5.60	-0.00	0.02	-0.02	1.76
QIPT	QUIPT HOME MEDICAL CORP	$2.45	1,596,000	916.56%	2.53	2.51	2.59	2.31	2.33	45.33	15.14	30.21	20.41	37.17	-0.03	-0.01	-0.02	0.56
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.79	143,000	-15.38%	0.81	0.88	0.86	0.81	0.82	39.93	12.32	13.49	35.21	30.54	-0.03	-0.02	-0.01	0.82
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$2.34	22,749,000	158.45%	2.00	1.79	1.49	1.43	1.36	71.51	84.63	83.10	54.60	54.24	0.19	0.16	0.03	2.48
OM	OUTSET MEDICAL INC	$13.12	152,000	-9.52%	14.36	14.15	14.14	15.77	14.34	42.59	30.74	41.85	19.24	31.99	-0.20	-0.04	-0.16	1.43
ANIK	ANIKA THERAPEUTICS INC	$9.75	57,300	-4.50%	9.73	9.45	9.19	9.70	12.32	57.90	71.07	70.33	53.32	54.39	0.18	0.15	0.03	0.82
NVCR	NOVOCURE LTD	$12.81	1,845,000	-16.97%	13.62	13.77	13.11	13.99	16.81	40.80	18.93	25.70	3.63	4.67	-0.03	0.14	-0.17	1.41
CBLL	CERIBELL INC	$11.40	246,000	-23.36%	12.56	12.49	12.09	13.87	16.69	39.21	5.36	20.42	1.56	15.86	-0.05	0.11	-0.16	1.57
HIND	VYOME HOLDINGS INC	$6.05	78,400	117.78%	5.54	5.46	6.61	8.51	62.88	54.10	83.99	73.31	90.69	90.69	-0.21	-0.37	0.16	0.87
INSP	INSPIRE MEDICAL SYSTEMS INC	$72.08	1,326,000	62.50%	77.86	77.82	80.79	99.52	131.79	35.45	5.52	14.37	1.88	12.83	-1.67	-1.27	-0.39	1.36
BFLY	BUTTERFLY NETWORK INC	$2.69	20,862,000	476.46%	2.25	2.32	1.98	1.89	2.42	64.73	35.68	23.40	33.33	14.64	0.08	0.08	-0.01	2.22
ARAY	ACCURAY INC	$1.41	971,000	53.88%	1.53	1.63	1.62	1.49	1.65	35.49	4.30	3.56	3.84	1.28	-0.06	-0.02	-0.04	1.47
SSII	SS INNOVATIONS INTERNATIONAL INC	$8.16	33,000	-64.89%	8.97	8.37	7.17	6.64	N/A	51.17	51.03	56.11	6.48	10.77	0.46	0.62	-0.16	-0.39
NPCE	NEUROPACE INC	$9.94	158,000	107.89%	10.46	10.58	10.11	9.88	11.33	42.31	10.16	19.98	2.68	7.50	-0.01	0.12	-0.13	0.91
CLPT	CLEARPOINT NEURO INC	$23.22	528,000	11.86%	25.01	25.77	18.63	14.95	14.59	49.89	7.19	20.42	0.00	6.67	1.32	2.10	-0.78	1.80
PMI	PICARD MEDICAL INC	$2.75	1,239,000	30.28%	7.40	8.62	N/A	N/A	N/A	28.85	1.75	4.69	0.00	0.00	N/A	N/A	N/A	-1.58
CTKB	CYTEK BIOSCIENCES INC	$3.90	485,000	-38.45%	4.08	4.02	3.93	3.75	3.94	47.45	24.92	39.12	5.64	22.88	0.04	0.07	-0.02	1.44
PRCT	PROCEPT BIOROBOTICS CORP	$34.03	1,022,000	-5.89%	35.17	34.58	36.78	44.92	52.81	42.55	51.64	69.30	54.34	74.17	-0.51	-0.76	0.25	1.28
BRKR	BRUKER CORP	$38.94	4,788,000	42.84%	38.50	37.30	34.47	36.49	40.53	58.95	41.00	46.97	18.96	23.65	1.12	1.23	-0.11	1.09
NXL	NEXALIN TECHNOLOGY INC	$1.50	301,000	-36.09%	1.52	1.43	1.11	1.06	1.58	57.37	64.86	61.56	26.19	23.76	0.12	0.13	-0.01	1.34
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$0.93	138,000	-47.92%	1.05	1.11	1.17	1.16	0.95	30.48	4.70	8.95	0.00	7.40	-0.06	-0.04	-0.02	1.17
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$47.95	446,000	34.74%	50.15	46.24	42.57	41.63	38.41	55.82	74.33	85.84	54.22	80.23	2.63	2.47	0.16	1.63
MASS	908 DEVICES INC	$7.98	166,000	-48.45%	8.26	8.41	7.44	7.12	5.61	48.51	15.17	16.41	9.13	3.62	0.06	0.23	-0.16	1.77
LUCD	LUCID DIAGNOSTICS INC	$1.21	505,000	5.87%	1.24	1.21	1.16	1.13	1.21	52.80	52.06	67.05	12.46	26.51	0.03	0.04	-0.00	0.80
UFPT	UFP TECHNOLOGIES INC	$192.64	156,000	41.82%	197.15	196.47	200.74	217.05	224.27	45.12	16.85	25.56	14.20	22.12	-2.16	-1.60	-0.55	0.93
SI	SHOULDER INNOVATIONS INC	$11.72	35,000	-17.84%	12.24	12.43	13.46	N/A	N/A	38.53	9.36	12.07	11.04	16.11	-0.35	-0.32	-0.03	0.96
AIMD	AINOS INC	$3.30	27,000	20.54%	3.59	3.78	3.68	3.28	3.08	38.48	10.56	16.58	7.25	13.27	-0.05	0.01	-0.07	292.69
BBNX	BETA BIONICS INC	$27.22	571,000	-47.81%	23.22	22.40	21.82	18.58	N/A	71.78	67.84	75.06	99.93	99.95	1.23	0.55	0.68	1.88
SGHT	SIGHT SCIENCES INC	$5.06	43,000	-12.78%	5.10	4.31	3.92	3.89	3.40	70.08	87.74	89.41	78.83	83.45	0.43	0.36	0.07	1.76
RPID	RAPID MICRO BIOSYSTEMS INC	$2.99	28,000	-33.33%	2.91	3.14	3.04	3.21	2.92	47.07	24.92	20.84	47.46	33.95	-0.09	-0.06	-0.02	1.23
NUWE	NUWELLIS INC	$2.86	388,000	-66.46%	3.21	3.38	3.90	6.68	25.29	38.43	35.94	32.97	60.47	61.94	-0.25	-0.30	0.05	0.90
SINT	SINTX TECHNOLOGIES INC	$3.19	48,000	39.13%	3.43	3.81	4.13	3.57	3.26	38.19	16.00	21.12	23.16	29.16	-0.23	-0.17	-0.06	1.43
TMCI	TREACE MEDICAL CONCEPTS INC	$6.39	202,000	1.51%	6.73	6.44	6.80	6.40	7.19	44.44	48.85	61.44	36.65	57.74	-0.01	-0.01	0.01	1.29
LUNG	PULMONX CORP	$2.00	2,110,000	20.02%	1.73	1.69	1.70	2.09	3.91	60.91	27.25	26.57	76.10	76.53	0.04	-0.00	0.04	1.43
HYPR	HYPERFINE INC	$1.12	522,000	-35.24%	1.22	1.51	1.41	1.19	1.03	37.83	2.06	2.19	0.50	0.70	-0.10	-0.04	-0.06	1.21
TNON	TENON MEDICAL INC	$1.20	109,000	-25.85%	1.21	1.20	1.21	1.17	1.26	48.79	35.24	36.83	54.19	60.33	0.00	-0.00	0.00	0.99
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$5.94	497,000	-43.59%	6.58	10.79	11.48	11.15	159.40	33.83	3.55	4.90	8.16	9.82	-2.19	-1.70	-0.50	1.26
DHAI	DIH HOLDING US INC	$1.84	53,300	-51.55%	2.63	3.58	4.71	5.48	7.66	24.46	2.57	4.30	0.10	4.13	-0.78	-0.65	-0.13	0.51
TNDM	TANDEM DIABETES CARE INC	$14.00	1,733,000	-3.78%	14.93	14.80	13.41	14.63	19.29	46.90	44.67	56.43	16.10	28.11	0.35	0.49	-0.14	1.34
SENS	SENSEONICS HOLDINGS INC	$7.05	373,000	23.10%	7.35	3.90	1.83	1.17	0.95	75.34	81.26	81.97	62.01	63.44	1.85	1.55	0.29	3.26
STEX	STREAMEX CORP	$4.87	814,000	0.25%	4.89	5.25	5.33	5.63	3.65	45.15	16.40	15.92	8.72	4.60	-0.21	-0.15	-0.06	1.15
SSKN	STRATA SKIN SCIENCES INC	$1.78	183,000	-58.60%	1.76	1.81	1.86	1.99	2.32	48.49	23.96	25.86	44.64	49.80	-0.03	-0.03	-0.00	0.24
XAIR	BEYOND AIR INC	$2.06	72,000	-20.00%	2.14	2.35	2.36	2.82	4.12	40.65	24.11	25.69	14.46	15.45	-0.12	-0.08	-0.04	0.99
KIDS	ORTHOPEDIATRICS CORP	$16.84	251,000	28.06%	17.11	17.39	18.84	19.96	21.63	40.35	24.74	34.51	27.74	35.79	-0.56	-0.55	-0.02	1.20
QTRX	QUANTERIX CORP	$5.34	777,000	-20.06%	5.60	5.72	5.28	5.54	6.12	45.45	13.84	9.57	11.80	3.93	-0.03	0.08	-0.11	1.91
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.31	211,000	19.89%	1.46	1.53	2.05	2.72	4.09	25.50	19.33	22.27	31.89	39.62	-0.20	-0.21	0.01	-0.10
SRTS	SENSUS HEALTHCARE INC	$3.19	55,000	-23.61%	3.24	3.29	3.24	3.89	4.52	44.71	15.62	20.57	7.05	18.17	-0.03	-0.02	-0.01	0.95
NNOX	NANO-X IMAGING LTD	$3.63	1,184,000	48.56%	3.94	4.02	3.94	4.44	5.15	39.05	3.84	7.22	0.00	1.61	-0.07	-0.01	-0.05	1.84
TLSI	TRISALUS LIFE SCIENCES INC	$4.74	38,000	-26.50%	4.99	4.82	4.84	4.79	5.09	47.02	42.53	51.70	15.56	32.22	0.03	0.05	-0.03	0.18
RBOT	VICARIOUS SURGICAL INC	$5.33	51,000	-27.14%	5.70	6.02	6.00	7.31	8.30	41.44	6.80	8.86	4.68	7.49	-0.21	-0.14	-0.07	1.41
ECOR	ELECTROCORE INC	$5.04	18,200	0.00%	4.94	5.00	5.05	5.57	7.76	51.09	47.67	39.54	74.18	54.75	-0.04	-0.05	0.01	0.82
BJDX	BLUEJAY DIAGNOSTICS INC	$1.97	101,000	284.03%	2.33	2.53	1.90	1.73	2.37	43.58	4.34	6.39	2.00	2.00	0.07	0.18	-0.11	0.56
CVRX	CVRX INC	$10.19	164,000	15.49%	10.33	9.77	8.51	7.78	9.22	62.30	77.19	86.65	51.16	75.65	0.64	0.62	0.01	1.56
AEMD	AETHLON MEDICAL INC	$5.26	41,000	39.93%	5.31	6.08	8.33	10.99	24.03	37.29	31.71	30.85	81.77	76.18	-0.82	-0.92	0.10	0.82
MXCT	MAXCYTE INC	$1.54	757,000	111.45%	1.60	1.63	1.54	1.77	2.47	46.13	6.22	5.68	3.77	2.03	-0.01	0.01	-0.02	1.44
ICCM	ICECURE MEDICAL LTD	$0.71	331,000	-42.43%	0.78	0.84	0.95	0.96	1.08	25.17	6.71	6.65	1.91	2.76	-0.06	-0.05	-0.01	0.74
RCEL	AVITA MEDICAL INC	$3.87	379,000	260.95%	3.88	4.56	4.82	5.11	6.77	36.12	5.73	2.92	11.60	4.98	-0.40	-0.32	-0.08	1.42

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Nov 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. Steris (NYSE:STE)

Steris (NYSE:STE) 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 Steris (NYSE:STE) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: C.

Steris (NYSE:STE) has a Due Diligence Score of 45, which is 17 points higher than the medical device industry average of 28.

STE passed 16 out of 38 due diligence checks and has strong fundamentals. Steris has seen its stock return 6.24% over the past year, overperforming other medical device stocks by 41 percentage points.

Steris has an average 1 year price target of $275.20, an upside of 16.76% from Steris's current stock price of $235.70.

Steris stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Steris, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Livanova (NASDAQ:LIVN)

Livanova (NASDAQ:LIVN) 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 Livanova (NASDAQ:LIVN) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.

Livanova (NASDAQ:LIVN) has a Due Diligence Score of 20, which is -8 points lower than the medical device industry average of 28. Although this number is below the industry average, our proven quant model rates LIVN as a "A".

LIVN passed 6 out of 33 due diligence checks and has weak fundamentals. Livanova has seen its stock return 1.96% over the past year, overperforming other medical device stocks by 36 percentage points.

Livanova has an average 1 year price target of $60.75, an upside of 15.43% from Livanova's current stock price of $52.63.

Livanova stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Livanova, 0% have issued a Strong Buy rating, 75% have issued a Buy, 25% 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: B, Growth: B, Momentum: D, Sentiment: C, Safety: B, Financials: B, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 24, which is -4 points lower than the medical device industry average of 28. Although this number is below the industry average, our proven quant model rates BVS as a "A".

BVS passed 8 out of 33 due diligence checks and has weak fundamentals. Bioventus has seen its stock lose -51.73% over the past year, underperforming other medical device stocks by -17 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 83.21% from Bioventus's current stock price of $6.55.

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 2.07%, which is 1 percentage points higher than the medical device industry average of 1.02%. 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. Abbott Laboratories (NYSE:ABT)

Abbott Laboratories (NYSE:ABT) has an annual dividend yield of 1.43%, which is the same as the medical device industry average of 1.02%. 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.

3. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) has an annual dividend yield of 1.36%, which is the same as the medical device industry average of 1.02%. 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 22.5% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks down?

Medical device stocks were down -0.05% in the last day, and down -3.15% over the last week. Dexcom was the among the top losers in the medical devices industry, dropping -14.63% yesterday.

DexCom shares are trading lower. The company reported Q3 financial results. Also, BTIG lowered its price target from $109 to $85 on the stock.

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. Inmode (NASDAQ:INMD)

Inmode (NASDAQ:INMD) 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.

Inmode has a valuation score of 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -13.52% in the past year. It has overperformed other stocks in the medical device industry by 21 percentage points.

2. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) 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.

Conmed has a valuation score of 57, which is 42 points higher than the medical device industry average of 15. It passed 4 out of 7 valuation due diligence checks.

Conmed's stock has dropped -35.52% in the past year. It has underperformed other stocks in the medical device industry by -1 percentage points.

3. Adapthealth (NASDAQ:AHCO)

Adapthealth (NASDAQ:AHCO) 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.

Adapthealth has a valuation score of 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Adapthealth's stock has dropped -12.63% in the past year. It has overperformed other stocks in the medical device industry by 22 percentage points.

Are medical device stocks a good buy now?

51.09% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 29.98% over the next year.

6.36% of medical device stocks have a Zen Rating of A (Strong Buy), 15.45% of medical device stocks are rated B (Buy), 49.09% are rated C (Hold), 21.82% are rated D (Sell), and 7.27% 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 27.18x.

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. Steris (NYSE:STE)

2. Livanova (NASDAQ:LIVN)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Adapthealth (NASDAQ:AHCO)

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. Steris (NYSE:STE)

2. Livanova (NASDAQ:LIVN)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Adapthealth (NASDAQ:AHCO)

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.