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

Value Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Medical Devices is Zen Rated C and is the 72nd ranked industry out of 145 stock market industries

Ticker	Company	Price	1d %	1w %	1m %	3m %	6m %	1y %	3y %	5y %	10y %	52-week High	52-week Low	% off 52-week High	% off 52-week Low	Beta	Volume	Vol 1d %
FEED	ENVUE MEDICAL INC	$3.23	-15.89%	193.64%	48.17%	-39.17%	-62.26%	-95.02%	-99.52%	-99.87%	-99.97%	$162.50	$0.99	98.01%	226.26%	0.76	66,693,000	-56.54%
LFWD	LIFEWARD LTD	$0.61	-2.42%	-9.84%	7.08%	-4.57%	-14.91%	-57.39%	-89.46%	-96.12%	-99.97%	$2.95	$0.50	79.49%	20.76%	1.00	228,000	-1.72%
NSPR	INSPIREMD INC	$1.58	-2.47%	-2.47%	-16.40%	-27.85%	-33.33%	-38.52%	37.39%	-84.95%	-100.00%	$3.80	$1.51	58.40%	4.64%	0.57	12,400	-11.43%
NSYS	NORTECH SYSTEMS INC	$8.87	-0.56%	1.26%	21.01%	-4.73%	8.77%	-14.55%	-34.54%	7.52%	129.79%	$12.40	$6.50	28.47%	36.46%	0.30	1,600	-27.27%
NXL	NEXALIN TECHNOLOGY INC	$0.57	0.00%	-5.79%	4.78%	-62.75%	-44.66%	-80.21%	-46.23%	N/A	N/A	$3.87	$0.54	85.27%	5.56%	1.41	39,200	-72.97%
PAVM	PAVMED INC	$7.75	1.44%	-15.39%	9.46%	-38.86%	-54.36%	-61.39%	-96.43%	-99.19%	N/A	$28.44	$6.00	72.75%	29.17%	1.45	99,000	57.14%
PLSM	PULSENMORE LTD	$5.85	-3.31%	-1.18%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$10.28	$5.57	43.09%	5.05%	-4.16	5,700	-81.00%
IRIX	IRIDEX CORP	$1.49	0.00%	-1.97%	29.57%	40.57%	7.19%	-9.15%	-32.88%	-67.96%	-84.53%	$1.70	$0.78	12.35%	90.54%	0.84	94,000	121.18%
MODD	MODULAR MEDICAL INC	$0.45	5.87%	-3.43%	24.59%	-12.60%	-35.57%	-65.31%	-81.21%	N/A	N/A	$1.29	$0.28	65.15%	61.07%	0.45	263,000	155.34%
QTI	QT IMAGING HOLDINGS INC	$5.66	-1.22%	-3.79%	-2.92%	-18.56%	-2.25%	550.57%	-81.77%	N/A	N/A	$9.21	$0.88	38.55%	543.91%	0.26	64,400	-43.51%
NUWE	NUWELLIS INC	$3.77	-10.02%	69.82%	114.20%	-0.79%	-64.40%	-92.82%	-99.97%	-100.00%	-100.00%	$62.16	$1.71	93.94%	120.60%	0.96	535,000	-69.50%
PFSA	PROFUSA INC	$0.09	0.00%	-18.42%	-23.77%	-63.95%	-87.08%	-99.21%	-99.09%	N/A	N/A	$12.76	$0.07	99.27%	43.08%	0.25	2,851,000	-74.66%
NVNO	ENVVENO MEDICAL CORP	$11.93	19.18%	2.05%	2.11%	-51.11%	-92.96%	-89.61%	-93.58%	-96.17%	N/A	$196.70	$9.42	93.93%	26.65%	1.09	52,000	120.34%
TNON	TENON MEDICAL INC	$0.89	-3.90%	-7.23%	-10.14%	-26.78%	-12.28%	-44.97%	-99.51%	N/A	N/A	$5.85	$0.85	84.85%	4.24%	1.02	100,000	13.64%
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.89	1.72%	2.67%	22.58%	11.74%	7.66%	-23.04%	-34.44%	-88.15%	N/A	$1.25	$0.40	29.20%	124.05%	0.84	173,000	-28.81%
TIVC	TIVIC HEALTH SYSTEMS INC	$1.19	-3.25%	-4.80%	-24.20%	-52.40%	-67.13%	-70.83%	-99.91%	N/A	N/A	$15.64	$1.16	92.39%	2.59%	1.01	40,700	-56.24%
ADGM	ADAGIO MEDICAL HOLDINGS INC	$1.00	0.00%	-7.41%	2.04%	-14.53%	-27.01%	0.00%	-90.15%	N/A	N/A	$2.87	$0.63	65.16%	60.00%	0.06	45,000	-30.12%
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$0.75	-3.85%	-9.64%	-18.21%	-19.35%	-40.48%	-21.05%	-53.68%	N/A	N/A	$1.65	$0.40	54.55%	86.10%	1.16	229,000	-22.90%
QIPT	QUIPT HOME MEDICAL CORP	$3.57	-0.28%	-0.28%	1.13%	53.88%	61.54%	12.62%	-37.70%	N/A	N/A	$3.61	$1.35	1.11%	164.44%	0.56	427,000	85.65%
HIND	VYOME HOLDINGS INC	$1.92	-10.28%	-39.81%	-44.19%	-65.59%	-81.03%	-99.49%	-100.00%	-100.00%	N/A	$376.50	$1.87	99.49%	2.67%	0.54	283,000	-53.76%
PEN	PENUMBRA INC	$358.17	0.33%	-0.30%	13.97%	54.69%	40.90%	33.15%	43.27%	41.09%	690.66%	$362.41	$221.26	1.17%	61.88%	1.05	1,136,000	-25.99%
VERO	VENUS CONCEPT INC	$1.27	4.96%	-21.60%	-21.12%	-39.81%	-51.89%	-67.21%	-97.84%	-99.59%	N/A	$14.50	$1.16	91.24%	9.48%	2.67	1,994,000	737.82%
TELA	TELA BIO INC	$1.00	2.99%	2.46%	-10.71%	-23.08%	-48.45%	-62.41%	-91.33%	-92.91%	N/A	$2.96	$0.87	66.22%	15.61%	0.79	152,000	237.78%
VTAK	CATHETER PRECISION INC	$1.94	-6.73%	-15.65%	24.36%	-19.17%	-39.94%	-75.12%	-99.68%	-100.00%	N/A	$15.68	$1.49	87.63%	30.20%	1.06	10,800	-70.97%
SINT	SINTX TECHNOLOGIES INC	$3.21	-0.93%	-8.55%	-14.63%	-5.31%	24.42%	5.59%	-99.82%	-99.99%	-100.00%	$7.36	$1.71	56.39%	87.72%	1.48	42,700	-22.36%
SSKN	STRATA SKIN SCIENCES INC	$1.21	-0.82%	-4.72%	-4.72%	-33.88%	-36.55%	-56.79%	-86.02%	-93.16%	-97.76%	$3.86	$1.15	68.65%	5.22%	0.22	141,000	13.71%
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.00	-6.54%	-2.91%	-27.01%	-28.57%	-52.15%	-86.26%	-90.30%	N/A	N/A	$7.41	$0.99	86.50%	1.01%	-0.09	107,000	-43.09%
CTSO	CYTOSORBENTS CORP	$0.63	-4.40%	-7.35%	-1.87%	-19.44%	-31.52%	-36.36%	-72.37%	-94.13%	-84.05%	$1.61	$0.60	60.87%	5.00%	0.91	129,000	89.71%
XAIR	BEYOND AIR INC	$1.19	-3.25%	-26.54%	70.24%	-40.50%	-60.47%	-84.34%	-99.08%	-98.99%	N/A	$10.40	$0.67	88.56%	76.82%	0.97	323,000	-9.78%
AEMD	AETHLON MEDICAL INC	$2.50	-1.96%	-23.78%	-7.06%	-53.96%	-78.99%	-95.74%	-99.50%	-99.86%	-100.00%	$64.00	$2.22	96.09%	12.61%	0.86	16,300	-57.11%
BJDX	BLUEJAY DIAGNOSTICS INC	$3.62	5.54%	10.37%	24.31%	-58.86%	-41.23%	-78.55%	-99.97%	N/A	N/A	$40.80	$2.51	91.13%	44.34%	0.58	294,000	-59.62%
XTNT	XTANT MEDICAL HOLDINGS INC	$0.59	-3.28%	-9.23%	-23.58%	-35.87%	-1.34%	10.90%	-14.99%	-60.40%	-97.89%	$0.95	$0.34	37.89%	73.53%	0.51	182,000	25.52%
BMRA	BIOMERICA INC	$2.38	-0.63%	-7.59%	-3.06%	-13.95%	-32.53%	-47.19%	-89.87%	-95.60%	-75.46%	$8.80	$2.11	73.01%	12.56%	0.81	22,400	40.88%
BBLG	BONE BIOLOGICS CORP	$1.64	-2.38%	-5.20%	7.89%	-23.72%	-40.79%	-75.60%	-99.62%	-99.27%	N/A	$30.23	$1.31	94.57%	25.19%	1.00	21,400	164.20%
ALUR	ALLURION TECHNOLOGIES INC	$1.35	-6.90%	0.75%	7.14%	-26.23%	-50.55%	-74.77%	-99.47%	-99.49%	N/A	$7.12	$1.02	81.04%	32.35%	0.48	45,000	-19.21%
AMIX	AUTONOMIX MEDICAL INC	$0.40	-0.50%	-14.59%	-31.38%	-61.36%	-69.85%	-86.95%	N/A	N/A	N/A	$3.09	$0.38	87.12%	4.19%	0.61	225,000	-39.52%
COCH	ENVOY MEDICAL INC	$0.65	-2.40%	-4.41%	-3.70%	-13.22%	-58.25%	-60.12%	-93.55%	N/A	N/A	$1.91	$0.63	65.97%	2.85%	0.07	90,000	-3.23%
AIMD	AINOS INC	$2.00	-14.89%	8.70%	17.65%	-40.65%	-23.37%	-41.37%	-90.00%	900.00%	N/A	$4.50	$1.61	55.56%	24.22%	290.93	244,000	-78.04%
HSCS	HEARTSCIENCES INC	$3.23	-3.29%	-6.38%	8.57%	9.12%	-3.00%	-2.12%	-98.63%	N/A	N/A	$6.47	$2.01	50.08%	60.70%	0.34	11,400	22.58%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Feb 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. 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: C.

Varex Imaging (NASDAQ:VREX) has a Due Diligence Score of 20, which is -6 points lower than the medical device industry average of 26. Although this number is below the industry average, our proven quant model rates VREX as a "A".

VREX passed 6 out of 33 due diligence checks and has weak fundamentals. Varex Imaging has seen its stock lose -0.36% over the past year, overperforming other medical device stocks by 85 percentage points.

Varex Imaging has an average 1 year price target of $16.67, an upside of 19.56% from Varex Imaging's current stock price of $13.94.

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 50, which is 24 points higher than the medical device industry average of 26.

TCMD passed 16 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 60.69% over the past year, overperforming other medical device stocks by 146 percentage points.

Tactile Systems Technology has an average 1 year price target of $27.00, a downside of -6.44% from Tactile Systems Technology's current stock price of $28.86.

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.

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: A, Safety: B, Financials: B, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 30, which is 4 points higher than the medical device industry average of 26.

BVS passed 10 out of 33 due diligence checks and has average fundamentals. Bioventus has seen its stock lose -25.54% over the past year, overperforming other medical device stocks by 59 percentage points.

What are the medical device stocks with highest dividends?

Out of 6 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 2.23%, which is 1 percentage points higher than the medical device industry average of 1.2%. 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 2.2%, which is 1 percentage points higher than the medical device industry average of 1.2%. 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. 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 1.2%.

Iradimed's dividend payout ratio of 39.5% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks up?

Medical device stocks were up 0.49% in the last day, and down -1.31% over the last week. Stryker was the among the top gainers in the medical devices industry, gaining 4.31% yesterday.

Stryker shares are trading higher after multiple analyst firms raised their respective price targets 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. 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 58 points higher than the medical device industry average of 13. It passed 5 out of 7 valuation due diligence checks.

Conmed's stock has dropped -45.82% in the past year. It has overperformed other stocks in the medical device industry by 39 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 58 points higher than the medical device industry average of 13. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -9.03% in the past year. It has overperformed other stocks in the medical device industry by 76 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 16 points higher than the medical device industry average of 13. It passed 2 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -25.54% 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?

53.19% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 37.73% over the next year.

11.11% of medical device stocks have a Zen Rating of A (Strong Buy), 18.18% of medical device stocks are rated B (Buy), 47.47% are rated C (Hold), 20.2% are rated D (Sell), and 3.03% 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 24.69x.

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. Varex Imaging (NASDAQ:VREX)

2. Tactile Systems Technology (NASDAQ:TCMD)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

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 (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. Varex Imaging (NASDAQ:VREX)

2. Tactile Systems Technology (NASDAQ:TCMD)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

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 (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.