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 87th 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
AVNS	AVANOS MEDICAL INC	$10.98	671,000	17.10%	11.69	11.76	12.13	12.69	15.25	34.70	22.41	37.25	25.27	49.59	-0.21	-0.16	-0.05	0.90
SNN	SMITH & NEPHEW PLC	$30.83	951,000	1.71%	31.13	30.60	29.94	28.80	27.44	53.21	58.50	67.83	34.96	47.11	0.35	0.38	-0.03	0.74
ELMD	ELECTROMED INC	$18.13	50,600	1.20%	18.60	18.93	19.96	21.54	25.08	36.56	23.42	25.32	52.80	67.85	-0.55	-0.55	0.00	0.47
VREX	VAREX IMAGING CORP	$7.18	517,000	46.88%	7.57	7.81	8.02	8.74	11.36	36.46	19.63	25.48	33.86	47.82	-0.21	-0.16	-0.05	1.06
DXCM	DEXCOM INC	$79.28	5,238,000	-43.56%	85.93	85.10	84.69	78.83	79.17	35.31	31.11	61.07	28.93	61.16	0.15	0.69	-0.54	1.20
EW	EDWARDS LIFESCIENCES CORP	$79.33	3,153,000	-37.74%	78.43	77.77	76.93	74.66	72.93	56.45	60.17	62.28	71.97	79.93	0.84	0.57	0.27	0.89
STE	STERIS PLC	$226.87	734,000	4.71%	226.70	227.77	235.95	230.80	224.40	43.70	58.31	58.26	79.68	81.94	-2.24	-2.69	0.45	0.75
LIVN	LIVANOVA PLC	$41.13	800,000	-12.85%	43.18	43.85	44.55	41.70	45.35	34.89	18.95	28.76	46.74	59.47	-0.60	-0.40	-0.20	0.91
BSX	BOSTON SCIENTIFIC CORP	$105.41	6,339,000	-5.60%	105.65	104.60	103.71	101.73	97.93	53.06	51.45	56.97	38.58	49.58	0.70	0.65	0.04	0.75
IRMD	IRADIMED CORP	$66.17	108,000	45.95%	58.02	58.17	58.33	55.33	55.20	76.86	84.55	68.18	99.56	90.00	0.45	-0.14	0.60	0.81
BVS	BIOVENTUS INC	$6.18	526,000	-23.21%	6.45	6.64	6.63	7.38	9.23	37.30	25.82	26.07	44.86	47.53	-0.10	-0.08	-0.02	1.21
MASI	MASIMO CORP	$153.95	476,000	-24.80%	158.92	160.14	162.29	161.33	164.44	39.64	16.12	24.92	26.16	39.10	-1.99	-1.28	-0.71	1.10
SYK	STRYKER CORP	$377.79	3,012,000	29.27%	395.58	393.26	387.35	377.97	378.09	36.84	44.15	62.28	25.97	49.56	1.49	2.86	-1.37	0.89
VMD	VIEMED HEALTHCARE INC	$5.93	297,000	6.45%	6.25	6.52	6.66	6.84	7.62	27.57	4.17	9.31	15.50	22.46	-0.20	-0.14	-0.06	0.69
ARAY	ACCURAY INC	$1.28	645,000	-18.25%	1.35	1.36	1.38	1.51	1.77	39.38	18.11	31.41	4.44	23.68	-0.01	-0.01	-0.01	1.38
TMDX	TRANSMEDICS GROUP INC	$120.55	1,778,000	-54.04%	109.14	113.66	124.34	104.99	91.50	55.33	66.26	45.72	99.99	78.63	-3.20	-4.38	1.18	1.57
MDT	MEDTRONIC PLC	$89.34	6,658,000	-19.88%	91.43	90.33	87.56	86.93	87.21	47.77	43.30	62.04	3.16	19.59	0.98	1.21	-0.23	0.61
SIBN	SI-BONE INC	$17.39	571,000	36.60%	17.38	17.46	17.95	16.53	15.70	48.41	50.14	52.93	68.64	72.18	-0.11	-0.14	0.03	1.19
BIO	BIO-RAD LABORATORIES INC	$284.60	1,108,000	157.08%	255.55	253.23	240.51	242.38	285.97	68.79	47.59	43.68	36.61	21.84	4.99	3.98	1.02	0.94
DCTH	DELCATH SYSTEMS INC	$10.59	533,000	2.90%	11.14	11.45	13.68	13.29	12.91	30.85	6.15	7.69	30.80	45.58	-0.72	-0.76	0.04	0.89
BWAY	BRAINSWAY LTD	$11.47	19,000	-19.15%	11.84	12.14	11.66	10.45	10.22	41.46	11.11	15.97	9.92	17.12	-0.05	0.07	-0.12	0.84
CNMD	CONMED CORP	$52.29	626,000	-48.22%	50.05	50.41	53.18	54.71	61.58	54.44	66.80	52.62	94.44	89.20	-0.62	-1.05	0.43	1.11
PEN	PENUMBRA INC	$243.01	684,000	-35.83%	236.42	237.86	250.12	264.89	257.07	50.32	69.37	54.04	89.21	83.95	-2.75	-5.39	2.64	1.01
SNWV	SANUWAVE HEALTH INC	$36.24	49,000	-33.24%	36.63	36.11	32.58	31.92	N/A	52.74	61.19	52.83	31.89	22.40	1.11	1.27	-0.16	0.67
ATEC	ALPHATEC HOLDINGS INC	$13.77	13,008,000	271.98%	11.06	11.03	11.43	11.14	10.36	74.33	58.02	46.36	67.72	67.05	0.09	-0.13	0.22	1.21
QDEL	QUIDELORTHO CORP	$22.81	1,601,000	-10.56%	25.28	27.14	28.65	30.02	35.72	29.42	4.43	4.02	2.99	10.94	-1.47	-1.07	-0.40	0.80
GMED	GLOBUS MEDICAL INC	$52.64	1,651,000	40.03%	53.38	55.12	57.58	63.85	73.31	36.47	16.92	23.96	46.57	55.74	-1.55	-1.46	-0.09	0.97
ITGR	INTEGER HOLDINGS CORP	$106.52	380,000	-29.50%	109.84	113.85	117.57	118.18	126.39	31.95	15.76	18.15	23.15	24.02	-3.19	-2.52	-0.67	0.95
AXGN	AXOGEN INC	$12.67	1,557,000	-0.13%	12.96	12.33	11.26	13.62	14.78	55.84	55.31	61.65	48.31	59.97	0.52	0.46	0.06	1.27
PHG	KONINKLIJKE PHILIPS NV	$26.46	1,782,000	6.90%	26.06	25.15	24.03	24.36	25.65	60.43	56.78	67.63	32.42	52.22	0.76	0.61	0.15	0.91
IRTC	IRHYTHM TECHNOLOGIES INC	$164.97	1,884,000	118.82%	138.91	137.42	142.55	127.46	110.05	76.41	81.33	73.61	100.00	98.85	1.20	-1.14	2.33	1.25
INSP	INSPIRE MEDICAL SYSTEMS INC	$126.10	907,000	41.06%	128.58	129.53	132.47	144.23	166.85	43.23	26.03	29.34	51.71	57.57	-1.57	-1.62	0.05	1.33
INMD	INMODE LTD	$13.74	1,727,000	13.25%	14.27	14.48	14.33	15.19	16.60	40.45	15.26	19.76	6.87	18.44	-0.13	-0.04	-0.10	1.65
PODD	INSULET CORP	$284.91	567,000	-11.41%	288.53	290.23	303.25	285.10	274.39	40.84	50.97	60.76	65.40	82.13	-3.16	-3.74	0.58	1.15
ABT	ABBOTT LABORATORIES	$127.29	5,453,000	-18.81%	126.46	128.49	131.78	130.79	125.77	44.72	56.16	54.97	89.15	87.86	-1.64	-1.80	0.16	0.57
ALGN	ALIGN TECHNOLOGY INC	$136.52	7,975,000	-41.86%	187.71	191.95	186.40	178.63	196.69	25.88	29.86	57.57	24.30	44.23	-5.70	1.09	-6.78	1.56
AHCO	ADAPTHEALTH CORP	$8.75	1,239,000	14.51%	9.27	9.25	9.06	9.12	9.59	41.19	25.55	43.47	3.92	21.02	0.01	0.07	-0.07	1.05
ZBH	ZIMMER BIOMET HOLDINGS INC	$90.62	2,308,000	28.15%	94.74	94.39	93.17	98.23	102.57	38.21	10.10	23.54	0.00	14.05	-0.10	0.37	-0.47	0.69
NPCE	NEUROPACE INC	$8.99	247,000	122.52%	9.00	9.33	11.13	11.67	11.20	38.09	22.10	12.40	40.34	24.76	-0.61	-0.67	0.05	0.89
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$9.65	237,000	-2.47%	10.15	10.04	10.04	11.41	13.92	41.70	38.18	53.61	40.19	59.13	-0.03	-0.02	-0.01	1.07
RPID	RAPID MICRO BIOSYSTEMS INC	$3.31	117,000	21.88%	3.78	3.58	3.51	2.99	2.28	43.51	25.68	38.97	13.44	28.74	0.07	0.11	-0.04	1.19
CERS	CERUS CORP	$1.27	1,112,000	-11.32%	1.36	1.40	1.38	1.37	1.55	39.38	6.49	6.43	0.00	1.01	-0.03	-0.01	-0.02	1.71
AORT	ARTIVION INC	$30.92	285,000	-17.15%	31.09	31.18	30.24	27.57	28.01	50.91	42.29	45.26	36.77	41.98	0.26	0.36	-0.10	1.04
INGN	INOGEN INC	$6.21	445,000	39.50%	6.54	6.73	6.70	6.84	8.28	37.24	18.08	22.76	21.53	33.80	-0.11	-0.06	-0.05	1.15
RSLS	RESHAPE LIFESCIENCES INC	$2.49	68,000	-19.53%	2.67	2.65	3.13	7.19	56.90	43.33	14.02	10.94	30.28	27.26	-0.23	-0.27	0.04	0.81
BRKR	BRUKER CORP	$37.99	4,047,000	35.35%	40.00	41.13	39.78	40.13	48.28	42.51	46.05	60.39	42.98	53.69	-0.18	0.17	-0.35	1.08
MDAI	SPECTRAL AI INC	$2.36	403,000	-1.71%	2.52	2.66	2.25	1.79	1.80	45.93	15.69	20.95	1.59	5.80	0.05	0.11	-0.06	0.36
CV	CAPSOVISION INC	$3.91	51,000	-56.41%	4.21	4.39	N/A	N/A	N/A	74.11	8.98	23.55	N/A	N/A	N/A	N/A	N/A	3.00
GKOS	GLAUKOS CORP	$86.16	1,508,000	-68.78%	93.27	97.47	97.66	96.06	118.71	25.69	13.07	12.45	2.04	2.65	-2.69	-1.27	-1.42	1.21
MASS	908 DEVICES INC	$6.42	288,000	-20.00%	7.02	6.90	6.69	5.65	4.16	42.04	17.32	33.51	2.57	17.92	0.04	0.12	-0.08	1.76
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$12.31	2,230,000	-28.02%	12.58	12.48	12.59	15.27	19.19	47.35	56.22	63.18	73.00	79.13	-0.01	-0.08	0.07	0.99
BFLY	BUTTERFLY NETWORK INC	$1.40	10,589,000	40.16%	1.87	1.86	2.09	2.25	2.75	26.16	7.52	15.76	17.01	29.17	-0.10	-0.07	-0.03	2.04
TMCI	TREACE MEDICAL CONCEPTS INC	$5.34	366,000	-8.04%	5.68	5.82	5.85	6.63	7.29	35.90	10.58	8.00	0.00	5.34	-0.14	-0.09	-0.05	1.28
CBLL	CERIBELL INC	$14.14	268,000	-15.46%	15.02	15.65	16.99	17.32	21.29	28.21	8.70	12.54	11.27	12.83	-0.79	-0.68	-0.12	1.55
UFPT	UFP TECHNOLOGIES INC	$226.57	111,000	37.04%	234.67	236.95	237.94	225.63	249.54	42.42	20.14	26.97	18.97	33.50	-2.11	-0.94	-1.17	0.91
ANIK	ANIKA THERAPEUTICS INC	$8.64	240,000	-22.33%	10.35	10.75	11.01	12.66	15.33	32.85	10.98	23.21	9.76	22.36	-0.54	-0.25	-0.29	0.80
NUWE	NUWELLIS INC	$9.10	177,000	2.91%	11.95	10.87	16.49	28.97	43.10	37.31	17.47	20.05	42.79	48.90	-1.31	-1.48	0.17	0.96
PTHL	PHETON HOLDINGS LTD	$0.81	2,756,000	-17.36%	16.17	18.45	15.45	9.60	6.70	25.99	1.06	11.18	0.00	11.11	-2.79	0.34	-3.13	0.45
SRDX	SURMODICS INC	$36.03	173,000	-56.86%	34.70	32.71	30.63	29.72	33.46	69.55	78.13	82.96	71.80	85.82	1.82	1.36	0.46	0.84
ECOR	ELECTROCORE INC	$6.77	51,000	104.82%	7.15	7.18	6.03	6.41	10.22	50.06	27.17	27.97	3.68	3.65	0.26	0.37	-0.11	0.81
SSII	SS INNOVATIONS INTERNATIONAL INC	$6.20	49,000	-26.43%	7.27	6.55	6.04	N/A	N/A	46.16	46.93	54.80	29.64	45.03	0.23	0.27	-0.04	-0.91
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$41.34	317,000	-2.76%	42.38	43.37	40.21	37.48	39.03	47.07	18.05	13.89	12.52	11.18	0.31	0.78	-0.47	1.55
NVCR	NOVOCURE LTD	$11.32	2,062,000	-49.42%	13.04	15.10	16.65	17.27	20.09	25.05	5.53	3.24	14.25	7.10	-1.65	-1.15	-0.49	1.37
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$1.23	255,000	8.97%	1.32	1.36	0.98	0.80	0.96	50.88	18.81	25.26	1.15	0.77	0.08	0.12	-0.04	1.17
MYO	MYOMO INC	$1.87	331,000	4.42%	2.04	2.05	2.45	3.51	4.45	29.40	18.76	23.21	38.85	47.14	-0.15	-0.16	0.02	1.30
ALUR	ALLURION TECHNOLOGIES INC	$2.77	21,300	-37.35%	2.97	2.93	2.73	2.69	6.00	46.93	9.26	12.28	4.60	3.79	0.04	0.09	-0.05	0.35
BSGM	BIOSIG TECHNOLOGIES INC	$4.29	628,000	45.37%	4.97	5.58	6.26	3.65	2.44	40.60	17.34	17.14	17.77	18.25	-0.57	-0.42	-0.15	1.05
NVNO	ENVVENO MEDICAL CORP	$4.87	124,000	-22.01%	4.93	4.64	4.22	3.57	3.40	56.60	43.93	48.66	14.39	22.04	0.21	0.24	-0.02	0.92
OM	OUTSET MEDICAL INC	$15.04	449,000	53.77%	17.56	18.37	19.03	15.47	14.15	33.21	3.72	8.47	2.75	12.23	-0.74	-0.37	-0.36	1.37
XAIR	BEYOND AIR INC	$2.86	109,000	62.69%	3.16	3.35	3.61	4.12	6.23	37.12	10.66	10.88	9.06	9.74	-0.20	-0.17	-0.03	0.95
TNON	TENON MEDICAL INC	$1.46	234,281,000	123,205.79%	1.11	1.08	1.03	1.17	1.70	75.09	22.23	24.37	35.88	16.89	0.04	0.02	0.02	0.99
RCEL	AVITA MEDICAL INC	$5.16	321,000	65.46%	5.64	5.58	5.63	7.13	9.00	41.81	18.25	32.42	9.19	25.59	-0.07	-0.05	-0.02	1.40
MXCT	MAXCYTE INC	$2.04	598,000	48.76%	2.18	2.18	2.21	2.47	3.23	40.39	18.55	27.14	21.92	33.25	-0.03	-0.02	-0.01	1.44
CTKB	CYTEK BIOSCIENCES INC	$3.64	1,549,000	0.26%	3.49	3.43	3.26	3.48	4.66	57.63	73.43	74.56	70.57	72.83	0.08	0.05	0.03	1.43
VVOS	VIVOS THERAPEUTICS INC	$5.18	978,000	640.91%	5.04	5.58	3.81	3.31	3.54	54.97	16.00	7.74	10.00	3.78	0.21	0.44	-0.24	0.89
TNDM	TANDEM DIABETES CARE INC	$15.40	1,386,000	-23.38%	15.86	15.80	18.39	18.89	25.79	40.10	54.63	70.50	72.39	84.60	-0.65	-0.85	0.20	1.30
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.91	345,000	-15.85%	2.19	2.81	4.02	4.77	4.46	28.26	12.26	13.77	17.49	18.08	-0.66	-0.63	-0.03	-0.14
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.33	7,375,000	-14.87%	1.52	1.49	1.30	1.25	1.54	44.26	16.00	31.89	2.27	14.79	0.04	0.07	-0.03	2.36
PRCT	PROCEPT BIOROBOTICS CORP	$49.96	1,285,000	12.52%	54.80	56.38	58.20	56.92	68.55	33.64	7.41	11.92	6.33	2.11	-1.92	-0.97	-0.95	1.28
SRTS	SENSUS HEALTHCARE INC	$5.58	144,000	-50.17%	5.21	4.81	4.81	4.71	5.81	66.02	75.33	70.62	82.58	80.32	0.23	0.12	0.11	0.95
OFIX	ORTHOFIX MEDICAL INC	$10.77	333,000	-10.24%	11.19	11.08	11.05	12.72	15.26	43.10	43.06	63.74	43.89	67.94	-0.00	-0.02	0.01	0.99
QIPT	QUIPT HOME MEDICAL CORP	$2.31	270,000	-1.10%	2.20	2.06	1.96	2.04	2.40	66.08	79.94	74.97	75.98	66.98	0.09	0.07	0.02	0.56
CATX	PERSPECTIVE THERAPEUTICS INC	$3.68	687,000	-0.58%	4.06	3.99	3.51	2.91	4.19	45.05	9.25	17.85	0.00	1.65	0.10	0.18	-0.08	1.17
BBLG	BONE BIOLOGICS CORP	$2.73	28,000	62.79%	2.90	2.93	5.06	4.80	5.92	41.70	23.10	21.88	38.33	34.10	-0.52	-0.62	0.10	0.95
CLPT	CLEARPOINT NEURO INC	$10.00	270,000	-37.50%	10.89	11.24	11.73	12.34	13.50	33.14	7.85	8.41	5.17	6.21	-0.39	-0.29	-0.10	1.74
LUNG	PULMONX CORP	$1.61	1,881,000	-59.54%	2.96	2.89	2.93	4.20	5.47	28.06	16.31	28.73	10.98	22.85	-0.14	-0.01	-0.13	1.36
KIDS	ORTHOPEDIATRICS CORP	$20.39	164,000	17.99%	22.13	22.10	21.51	22.24	23.53	37.49	8.11	17.78	0.00	2.07	-0.08	0.17	-0.25	1.19
SGHT	SIGHT SCIENCES INC	$3.27	230,000	27.07%	3.49	3.49	3.79	3.30	3.49	39.18	18.31	22.92	22.12	36.85	-0.12	-0.10	-0.02	1.73
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$6.10	179,000	49.17%	8.05	8.24	51.39	151.75	296.25	23.17	3.11	8.03	63.94	78.31	-10.76	-14.65	3.89	1.08
ICCM	ICECURE MEDICAL LTD	$1.01	660,000	-48.52%	1.02	1.03	1.02	1.09	1.06	48.15	31.62	34.47	52.58	60.80	0.00	-0.00	0.00	0.73
SMLR	SEMLER SCIENTIFIC INC	$34.46	859,000	83.94%	37.82	40.38	38.40	36.91	43.29	37.95	2.58	5.57	0.00	1.81	-0.78	0.15	-0.93	1.51
NAOV	NANOVIBRONIX INC	$0.83	274,000	4.58%	0.89	0.93	0.97	2.60	4.29	35.67	28.14	32.45	4.31	7.39	-0.09	-0.10	0.01	0.74
QTRX	QUANTERIX CORP	$5.86	554,000	2.03%	5.82	5.84	5.86	5.89	8.28	49.19	57.84	65.12	61.40	69.47	-0.01	-0.04	0.03	1.88
CVRX	CVRX INC	$7.56	225,000	-55.97%	8.20	7.77	6.87	7.83	10.83	50.10	53.16	65.08	6.51	15.14	0.39	0.45	-0.06	1.56
RXST	RXSIGHT INC	$7.80	948,000	28.98%	7.77	8.23	12.01	15.18	26.83	29.96	56.89	57.56	92.81	93.82	-1.22	-1.46	0.23	1.25
BBNX	BETA BIONICS INC	$16.40	515,000	-54.51%	15.19	14.15	15.75	14.19	N/A	60.51	86.76	83.66	96.66	92.41	0.26	-0.16	0.43	1.93
NNOX	NANO-X IMAGING LTD	$4.60	1,382,000	16.92%	5.06	5.08	5.17	5.18	6.02	33.94	4.68	7.96	0.00	4.15	-0.10	-0.04	-0.06	1.77
HYPR	HYPERFINE INC	$1.03	255,000	3.66%	1.06	0.94	0.80	0.78	0.89	58.81	62.33	64.63	20.04	30.88	0.08	0.08	0.00	1.15
INBS	INTELLIGENT BIO SOLUTIONS INC	$1.47	217,000	217.25%	1.76	1.83	1.73	1.60	1.63	38.72	6.03	6.83	4.46	5.36	-0.05	0.02	-0.07	1.24
TLSI	TRISALUS LIFE SCIENCES INC	$4.18	60,000	97.37%	4.47	4.68	5.07	5.22	4.96	32.48	16.33	18.71	10.58	14.39	-0.23	-0.19	-0.04	0.16

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Aug 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. Avanos Medical (NYSE:AVNS)

Avanos Medical (NYSE:AVNS) is the #1 top medical device stock out of 140 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 Avanos Medical (NYSE:AVNS) is: Value: B, Growth: B, Momentum: F, Sentiment: A, Safety: C, Financials: B, and AI: B.

Avanos Medical (NYSE:AVNS) 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 AVNS as a "A".

AVNS passed 7 out of 33 due diligence checks and has weak fundamentals. Avanos Medical has seen its stock lose -53.77% over the past year, underperforming other medical device stocks by -30 percentage points.

2. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) is the #2 top medical device stock out of 140 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 Smith & Nephew (NYSE:SNN) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.

Smith & Nephew (NYSE:SNN) has a Due Diligence Score of 42, which is 15 points higher than the medical device industry average of 27.

SNN passed 15 out of 38 due diligence checks and has strong fundamentals. Smith & Nephew has seen its stock return 0.23% over the past year, overperforming other medical device stocks by 24 percentage points.

Smith & Nephew has an average 1 year price target of $27.50, a downside of -10.8% from Smith & Nephew's current stock price of $30.83.

Smith & Nephew stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Smith & Nephew, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Electromed (NYSEMKT:ELMD)

Electromed (NYSEMKT:ELMD) is the #3 top medical device stock out of 140 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 Electromed (NYSEMKT:ELMD) is: Value: B, Growth: C, Momentum: D, Sentiment: B, Safety: A, Financials: A, and AI: B.

Electromed (NYSEMKT:ELMD) has a Due Diligence Score of 47, which is 20 points higher than the medical device industry average of 27.

ELMD passed 15 out of 33 due diligence checks and has strong fundamentals. Electromed has seen its stock return 18.26% over the past year, overperforming other medical device stocks by 42 percentage points.

Electromed has an average 1 year price target of $29.00, an upside of 59.96% from Electromed's current stock price of $18.13.

Electromed stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Electromed, 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 7 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 2.43%, which is 1 percentage points higher than the medical device industry average of 1.13%. Smith & Nephew's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Smith & Nephew's dividend has shown consistent growth over the last 10 years.

Smith & Nephew's dividend payout ratio of 79.4% 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 1.36%, which is the same as the medical device industry average of 1.13%. 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% indicates that its dividend yield is sustainable for the long-term.

3. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) has an annual dividend yield of 1.15%, which is the same as the medical device industry average of 1.13%. 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 up?

Medical device stocks were up 1.1% in the last day, and down -4.02% over the last week. Tenon Medical was the among the top gainers in the medical devices industry, gaining 43.14% yesterday.

Tenon Medical shares are trading higher after the company announced the acquisition of sacroiliac joint‑specific assets from SiVantage.

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 -17.08% in the past year. It has overperformed other stocks in the medical device industry by 7 percentage points.

2. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) 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.

Tactile Systems Technology 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.

Tactile Systems Technology's stock has dropped -22.43% in the past year. It has overperformed other stocks in the medical device industry by 2 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 -21.24% in the past year. It has overperformed other stocks in the medical device industry by 3 percentage points.

Are medical device stocks a good buy now?

55.24% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 34.31% over the next year.

4.72% of medical device stocks have a Zen Rating of A (Strong Buy), 15.09% of medical device stocks are rated B (Buy), 50.94% are rated C (Hold), 26.42% are rated D (Sell), and 2.83% 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 31.04x.

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. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

1. Inmode (NASDAQ:INMD)

2. Tactile Systems Technology (NASDAQ:TCMD)

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. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

1. Inmode (NASDAQ:INMD)

2. Tactile Systems Technology (NASDAQ:TCMD)

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.