Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2026)
Top medical device stocks in 2026 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 84th ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
BVS	BIOVENTUS INC	$741.74M	13.80%	3.30%	9.11%	11.20%	2.47	1.70	68.30%	4.00%	8.39%
VMD	VIEMED HEALTHCARE INC	$359.78M	10.90%	7.80%	14.24%	21.50%	0.39	1.18	57.50%	5.50%	8.33%
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$606.52M	9.30%	7.00%	13.90%	28.90%	0.25	4.03	75.90%	5.80%	9.83%
ELMD	ELECTROMED INC	$191.74M	20.30%	16.70%	26.33%	40.80%	0.21	4.86	78.20%	13.10%	17.41%
ALGN	ALIGN TECHNOLOGY INC	$12.29B	10.40%	6.60%	13.57%	21.20%	0.54	1.36	67.20%	10.20%	14.51%
LIVN	LIVANOVA PLC	$3.44B	-21.50%	-9.50%	-9.54%	-28.90%	1.17	1.36	67.70%	-17.50%	-12.36%
VREX	VAREX IMAGING CORP	$464.67M	-13.90%	-5.80%	-2.56%	-2.40%	1.27	3.89	34.20%	-7.90%	-2.80%
STE	STERIS PLC	$21.21B	10.20%	6.80%	10.33%	18.90%	0.48	2.48	44.10%	12.10%	17.14%
GMED	GLOBUS MEDICAL INC	$11.71B	12.40%	10.70%	12.45%	28.70%	0.16	4.26	67.40%	18.30%	20.35%
ANIK	ANIKA THERAPEUTICS INC	$189.08M	-7.40%	-5.70%	-6.06%	-7.90%	0.33	4.72	56.60%	-9.60%	-9.05%
CNMD	CONMED CORP	$1.13B	4.70%	2.00%	5.08%	7.10%	1.25	2.14	54.60%	3.40%	7.43%
IRMD	IRADIMED CORP	$1.27B	23.80%	20.80%	28.76%	67.90%	0.15	7.98	76.70%	26.80%	33.84%
BWAY	BRAINSWAY LTD	$507.89M	11.10%	7.00%	10.93%	42.30%	0.54	3.83	75.40%	14.60%	18.99%
SNN	SMITH & NEPHEW PLC	$14.45B	11.80%	6.00%	10.37%	12.20%	0.98	2.57	68.00%	10.10%	14.91%
PODD	INSULET CORP	$16.21B	17.40%	7.50%	15.89%	14.60%	1.11	2.81	71.60%	9.10%	14.73%
DXCM	DEXCOM INC	$26.04B	32.40%	12.00%	26.37%	22.40%	1.31	1.88	60.10%	17.90%	23.74%
SNWV	SANUWAVE HEALTH INC	$180.70M	N/A	-21.70%	6.64%	-408.40%	-13.15	1.16	78.30%	-17.10%	2.58%
SYK	STRYKER CORP	$132.34B	15.00%	6.90%	12.79%	18.60%	1.13	1.89	64.00%	12.90%	20.39%
OFIX	ORTHOFIX MEDICAL INC	$476.11M	-20.40%	-11.00%	-10.78%	-14.30%	0.89	2.45	68.80%	-11.20%	-8.92%
ATEC	ALPHATEC HOLDINGS INC	$1.90B	N/A	-18.20%	-17.04%	-11.30%	62.67	2.06	69.60%	-18.80%	-12.76%
IRTC	IRHYTHM HOLDINGS INC	$3.79B	-38.30%	-4.60%	-3.51%	-2.40%	5.68	4.63	70.60%	-6.00%	-4.07%
BSX	BOSTON SCIENTIFIC CORP	$105.77B	12.60%	6.90%	9.78%	16.90%	0.79	1.62	69.00%	14.40%	18.63%
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$1.92B	-201.80%	-15.00%	-11.91%	-7.80%	14.17	3.04	69.30%	-24.20%	-15.52%
AXGN	AXOGEN INC	$1.61B	-13.40%	-7.50%	-4.04%	-3.60%	0.72	5.11	74.30%	-7.00%	-3.55%
EW	EDWARDS LIFESCIENCES CORP	$47.91B	10.40%	8.00%	11.03%	19.90%	0.33	3.72	78.00%	17.70%	21.60%
MDT	MEDTRONIC PLC	$111.97B	9.50%	5.00%	7.62%	11.40%	0.86	2.54	64.90%	13.00%	17.61%
MASS	908 DEVICES INC	$223.91M	13.30%	10.10%	12.45%	32.60%	0.32	4.24	50.60%	34.70%	34.56%
APYX	APYX MEDICAL CORP	$153.51M	-117.50%	-18.50%	-9.71%	-9.00%	3.58	5.00	62.50%	-21.20%	-10.13%
PHG	KONINKLIJKE PHILIPS NV	$26.36B	7.80%	3.20%	7.84%	11.90%	1.46	1.32	45.20%	5.00%	8.54%
SGHT	SIGHT SCIENCES INC	$199.28M	-55.70%	-31.80%	-31.91%	-66.10%	0.80	10.22	86.20%	-49.70%	-43.01%
AVNS	AVANOS MEDICAL INC	$625.94M	-9.20%	-6.80%	-6.43%	-12.80%	0.38	2.15	50.50%	-10.40%	-8.33%
NPCE	NEUROPACE INC	$456.52M	-105.70%	-20.00%	-15.96%	-10.10%	4.55	5.28	77.20%	-21.50%	-14.01%
INMD	INMODE LTD	$852.18M	14.50%	12.90%	15.86%	25.30%	0.12	9.88	78.50%	25.30%	29.78%
SIBN	SI-BONE INC	$567.52M	-11.00%	-8.10%	-7.63%	-7.80%	0.34	8.55	79.60%	-9.40%	-8.10%
QDEL	QUIDELORTHO CORP	$1.16B	-46.40%	-18.60%	-19.36%	-19.60%	2.00	1.50	46.70%	-41.50%	-34.07%
AORT	ARTIVION INC	$1.76B	2.40%	1.20%	5.28%	7.00%	0.97	3.53	64.40%	2.20%	9.37%
AHCO	ADAPTHEALTH CORP	$1.42B	-4.50%	-1.60%	2.38%	3.00%	1.84	1.02	18.80%	-2.20%	2.65%
BRKR	BRUKER CORP	$5.18B	-1.10%	-0.40%	1.35%	1.50%	1.52	1.73	45.90%	-0.70%	1.95%
ZBH	ZIMMER BIOMET HOLDINGS INC	$17.43B	5.60%	3.10%	5.48%	8.80%	0.82	1.98	69.70%	8.60%	13.65%
CERS	CERUS CORP	$345.91M	-26.40%	-7.30%	-5.72%	-3.40%	2.44	1.73	59.90%	-6.70%	-2.96%
TNDM	TANDEM DIABETES CARE INC	$1.63B	-142.00%	-23.00%	-30.13%	-19.00%	4.68	2.55	53.80%	-20.20%	-18.96%
INSP	INSPIRE MEDICAL SYSTEMS INC	$1.61B	21.10%	17.90%	8.12%	10.00%	0.16	6.08	85.40%	15.90%	7.22%
BFLY	BUTTERFLY NETWORK INC	$1.01B	-35.30%	-25.30%	-32.61%	-65.60%	0.51	3.83	46.90%	-79.00%	-77.31%
CBLL	CERIBELL INC	$711.04M	-31.80%	-26.20%	-29.17%	-35.30%	0.26	9.73	87.90%	-60.00%	-57.85%
NVCR	NOVOCURE LTD	$1.37B	-39.10%	-11.70%	-26.47%	-15.90%	1.36	2.90	74.50%	-20.80%	-23.47%
ABT	ABBOTT LABORATORIES	$188.52B	12.80%	7.80%	12.76%	19.60%	0.64	1.58	56.40%	14.70%	20.21%
AIDX	20/20 BIOLABS INC	N/A	N/A	N/A	N/A	N/A	28.87	0.79	N/A	N/A	N/A
ITGR	INTEGER HOLDINGS CORP	$2.91B	6.00%	3.10%	5.30%	6.70%	0.95	3.32	27.00%	5.50%	9.09%
BIO	BIO-RAD LABORATORIES INC	$7.23B	10.90%	7.60%	10.38%	10.90%	0.42	5.62	51.90%	29.40%	40.43%
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$693.24M	-44.50%	-13.80%	-15.17%	-16.10%	2.45	2.54	50.90%	-31.60%	-29.19%
TMDX	TRANSMEDICS GROUP INC	$3.88B	53.90%	20.30%	12.39%	12.70%	1.26	7.14	59.90%	31.40%	20.03%
HYPR	HYPERFINE INC	$124.41M	-97.40%	-72.80%	-81.72%	-352.80%	0.35	4.34	49.80%	-262.30%	-262.29%
CTKB	CYTEK BIOSCIENCES INC	$557.91M	-18.00%	-13.80%	-7.90%	-10.10%	0.35	5.04	51.80%	-33.00%	-15.05%
LNSR	LENSAR INC	$78.60M	N/A	-73.70%	-149.46%	-190.00%	-3.18	1.24	46.10%	-87.10%	-87.14%
GKOS	GLAUKOS CORP	$5.99B	-25.40%	-19.50%	-23.78%	-32.70%	0.36	4.69	55.70%	-37.00%	-37.13%
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$401.66M	-1,123.30%	-66.80%	-75.80%	-50.90%	145.59	5.15	28.60%	-341.50%	-336.93%
POAS	PHAOS TECHNOLOGY (CAYMAN) HOLDINGS LTD	N/A	-1,073.10%	-144.30%	275.47%	9,727.00%	-1.99	0.40	22.10%	-3,063.10%	-3,058.07%
LMRI	LUMEXA IMAGING HOLDINGS INC	N/A	N/A	N/A	N/A	N/A	9.11	0.92	N/A	N/A	N/A
ECOR	ELECTROCORE INC	$55.17M	-474.00%	-78.10%	-150.68%	-148.50%	-20.96	1.43	86.00%	-47.50%	-46.82%
HSDT	SOLANA CO	$85.49M	N/A	-301.80%	-78.20%	-423.30%	-4.12	40.03	49.60%	-39,358.90%	-39,291.07%
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$51.51M	-8.50%	-4.50%	-2.19%	-1.60%	1.16	1.71	86.90%	-10.00%	-2.85%
LUNG	PULMONX CORP	$62.51M	-82.80%	-38.20%	-45.98%	-50.80%	1.39	5.07	74.20%	-59.70%	-55.50%
INGN	INOGEN INC	$166.93M	-11.60%	-7.40%	-9.94%	-21.80%	0.55	3.12	44.20%	-6.50%	-6.71%
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$12.02k	-6.80%	-3.10%	-2.12%	-2.00%	0.65	1.71	23.80%	-10.90%	-4.57%
ELUT	ELUTIA INC	$46.21M	-225.80%	129.50%	142.45%	343.80%	1.25	2.22	53.70%	434.20%	431.19%
PMI	PICARD MEDICAL INC	$85.49M	N/A	N/A	N/A	N/A	0.70	2.16	N/A	N/A	N/A
KIDS	ORTHOPEDIATRICS CORP	$421.14M	-11.30%	-8.00%	-7.18%	-9.80%	0.47	5.55	73.10%	-16.80%	-14.04%
BBNX	BETA BIONICS INC	$471.78M	-24.40%	-22.10%	-24.58%	-26.30%	0.14	8.66	55.40%	-73.00%	-73.02%
TLSI	TRISALUS LIFE SCIENCES INC	$236.03M	N/A	-196.70%	-141.31%	-89.20%	-2.04	2.80	84.60%	-154.30%	-74.59%
IVF	INVO FERTILITY INC	$1.39M	-475.60%	-100.40%	-293.09%	-7,843.00%	2.22	0.12	39.20%	-420.60%	-404.68%
SI	SHOULDER INNOVATIONS INC	$314.26M	-106.90%	-33.40%	-25.87%	-42.70%	0.21	11.07	76.50%	-85.30%	-85.15%
DCTH	DELCATH SYSTEMS INC	$325.92M	2.60%	2.40%	3.11%	4.90%	0.11	10.92	86.20%	3.20%	4.12%
SGP	SPYGLASS PHARMA INC	N/A	N/A	N/A	N/A	N/A	-0.11	18.11	N/A	N/A	N/A
MOVE	MOVANO INC	$12.60M	-398.80%	-165.30%	1,135.50%	3,692.40%	-4.27	0.70	-270.20%	-3,409.60%	-3,109.00%
CV	CAPSOVISION INC	$255.76M	N/A	N/A	N/A	N/A	0.26	5.19	N/A	N/A	N/A
QTRX	QUANTERIX CORP	$212.17M	-35.20%	-26.20%	-32.64%	-50.00%	0.42	2.84	46.80%	-77.10%	-80.83%
RPID	RAPID MICRO BIOSYSTEMS INC	$121.84M	-95.40%	-58.90%	-81.60%	-78.00%	1.25	3.31	3.10%	-140.30%	-136.94%
PROF	PROFOUND MEDICAL CORP	$198.53M	-90.30%	-73.90%	-60.77%	-312.00%	0.17	12.53	70.80%	-264.40%	-269.52%
SSII	SS INNOVATIONS INTERNATIONAL INC	$989.28M	-30.20%	-17.50%	-14.70%	-15.50%	0.94	1.86	46.00%	-28.50%	-16.60%
PAVM	PAVMED INC	$10.34M	-2.10%	-1.40%	11.29%	8.40%	0.38	0.40	-520.70%	-2,051.70%	10,751.72%
UFPT	UFP TECHNOLOGIES INC	$1.53B	17.40%	10.60%	15.91%	23.60%	0.55	2.69	28.30%	11.30%	15.31%
FEED	ENVUE MEDICAL INC	$1.47M	-17.50%	-13.60%	-16.27%	433.50%	0.28	0.86	30.00%	-193.90%	-258.99%
OM	OUTSET MEDICAL INC	$61.34M	-55.00%	-28.90%	-29.53%	-22.70%	1.08	6.67	39.10%	-68.30%	-56.06%
STEX	STREAMEX CORP	$71.17M	N/A	-65.00%	-826.64%	68.50%	-19.74	0.12	100.00%	-306,861.50%	-312,469.23%
MXCT	MAXCYTE INC	$77.98M	-23.50%	-20.20%	-23.12%	-22.10%	0.18	7.74	80.00%	-132.60%	-132.58%
INBS	INTELLIGENT BIO SOLUTIONS INC	$5.82M	-197.90%	-99.20%	-89.49%	-470.70%	0.61	2.38	56.30%	-256.40%	-254.49%
XAIR	BEYOND AIR INC	$8.50M	-279.60%	-98.50%	-88.55%	-87.70%	3.51	5.12	1.80%	-447.70%	-406.50%
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$37.39M	-119.90%	-78.90%	-93.30%	-308.90%	0.34	6.41	54.90%	-78.30%	-78.34%
NNOX	NANO-X IMAGING LTD	$160.88M	-32.50%	-29.00%	-35.30%	-75.50%	0.12	4.14	-98.00%	-452.80%	-469.77%
CATX	PERSPECTIVE THERAPEUTICS INC	$553.72M	-41.30%	-34.30%	-43.45%	-50.50%	0.29	5.17	100.00%	-11,665.30%	-11,712.44%
LUCD	LUCID DIAGNOSTICS INC	$184.50M	-781.30%	-169.50%	-197.32%	-1,081.40%	1.06	1.90	-58.10%	-1,496.80%	-1,210.75%
SRTS	SENSUS HEALTHCARE INC	$63.38M	-15.10%	-13.40%	-19.92%	-32.00%	0.10	9.72	43.20%	-28.10%	-35.02%
CVRX	CVRX INC	$223.65M	-99.30%	-45.80%	-51.92%	-71.80%	1.67	7.63	85.30%	-94.10%	-83.84%
SENS	SENSEONICS HOLDINGS INC	$264.82M	-102.70%	-54.90%	-62.95%	-57.30%	1.07	4.83	44.70%	-196.00%	-181.98%
RCEL	AVITA MEDICAL INC	$128.35M	N/A	-78.40%	693.27%	-122.80%	-4.39	0.57	82.10%	-67.80%	-60.85%
PRCT	PROCEPT BIOROBOTICS CORP	$1.48B	-25.10%	-18.60%	-23.48%	-43.90%	0.39	6.85	63.70%	-31.00%	-33.71%
CLPT	CLEARPOINT NEURO INC	$284.92M	-122.20%	-40.70%	-26.55%	-48.40%	2.49	5.91	61.40%	-69.10%	-62.47%
TMCI	TREACE MEDICAL CONCEPTS INC	$87.20M	-62.20%	-29.50%	-33.56%	-26.80%	1.18	4.31	79.80%	-27.70%	-25.24%
RXST	RXSIGHT INC	$303.31M	-14.00%	-12.50%	-13.61%	-14.40%	0.13	10.95	76.60%	-29.00%	-28.90%
MDAI	SPECTRAL AI INC	$36.83M	N/A	-102.10%	3,348.60%	1,183.90%	-2.87	0.85	45.00%	-70.60%	-67.21%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Mar 2026?

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. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) is the #1 top medical device stock out of 137 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: A, Momentum: C, Sentiment: C, Safety: B, Financials: A, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 47, which is 19 points higher than the medical device industry average of 28.

BVS passed 15 out of 33 due diligence checks and has strong fundamentals. Bioventus has seen its stock lose -6.69% over the past year, overperforming other medical device stocks by 59 percentage points.

Bioventus has an average 1 year price target of $15.00, an upside of 68.16% from Bioventus's current stock price of $8.92.

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

2. Viemed Healthcare (NASDAQ:VMD)

Viemed Healthcare (NASDAQ:VMD) is the #2 top medical device stock out of 137 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 Viemed Healthcare (NASDAQ:VMD) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.

Viemed Healthcare (NASDAQ:VMD) has a Due Diligence Score of 59, which is 31 points higher than the medical device industry average of 28.

VMD passed 19 out of 33 due diligence checks and has strong fundamentals. Viemed Healthcare has seen its stock return 24.43% over the past year, overperforming other medical device stocks by 90 percentage points.

3. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) is the #3 top medical device stock out of 137 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: C, Sentiment: C, Safety: C, Financials: A, and AI: C.

Tactile Systems Technology (NASDAQ:TCMD) has a Due Diligence Score of 56, which is 28 points higher than the medical device industry average of 28.

TCMD passed 18 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 97.88% over the past year, overperforming other medical device stocks by 164 percentage points.

Tactile Systems Technology has an average 1 year price target of $36.00, an upside of 33.19% from Tactile Systems Technology's current stock price of $27.03.

Tactile Systems Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% 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 2.31%, which is 1 percentage points higher than the medical device industry average of 1.19%. 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 52.8% 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 2.21%, which is 1 percentage points higher than the medical device industry average of 1.19%. 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 64.3% indicates that its dividend yield is sustainable for the long-term.

3. Iradimed (NASDAQ:IRMD)

Iradimed (NASDAQ:IRMD) has an annual dividend yield of 1.21%, which is the same as the medical device industry average of 1.19%. Iradimed's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Iradimed's dividend has not shown consistent growth over the last 10 years.

Iradimed's dividend payout ratio of 68.4% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks down?

Medical device stocks were down -1.57% in the last day, and down -2.12% over the last week. Clearpoint Neuro was the among the top losers in the medical devices industry, dropping -13.93% yesterday.

ClearPoint Neuro shares are trading lower after the company reported mixed Q4 financial results and cut its FY26 guidance.

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 -26.02% in the past year. It has overperformed other stocks in the medical device industry by 40 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 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Conmed's stock has dropped -39.43% in the past year. It has overperformed other stocks in the medical device industry by 27 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 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -6.69% in the past year. It has overperformed other stocks in the medical device industry by 59 percentage points.

Are medical device stocks a good buy now?

57.14% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 52.79% over the next year.

9.8% of medical device stocks have a Zen Rating of A (Strong Buy), 15.69% of medical device stocks are rated B (Buy), 51.96% are rated C (Hold), 15.69% are rated D (Sell), and 6.86% 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 26.25x.

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 (2026)
Top medical device stocks in 2026 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. Bioventus (NASDAQ:BVS)

2. Viemed Healthcare (NASDAQ:VMD)

3. Tactile Systems Technology (NASDAQ:TCMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesHealthcareMedical DevicesBest Medical Device Stocks to Buy Now (2026)Top medical device stocks in 2026 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. Bioventus (NASDAQ:BVS)

2. Viemed Healthcare (NASDAQ:VMD)

3. Tactile Systems Technology (NASDAQ:TCMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2026)
Top medical device stocks in 2026 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.