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

Value Growth Financials Momentum Sentiment Forecast Dividends Due Diligence

Medical Devices is Zen Rated D and is the 98th 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 %
CATX	PERSPECTIVE THERAPEUTICS INC	$3.11	-2.51%	-35.74%	-5.76%	-27.84%	61.98%	-75.51%	-5.53%	-22.25%	-78.25%	$12.90	$1.60	75.89%	94.38%	1.18	2,434,000	-57.25%
AEMD	AETHLON MEDICAL INC	$5.02	-8.89%	-28.29%	-35.55%	-62.81%	-80.92%	-84.60%	-98.92%	-99.59%	-99.99%	$84.40	$4.92	94.05%	2.03%	0.84	80,000	-15.79%
RXST	RXSIGHT INC	$8.71	2.11%	12.53%	-8.51%	18.50%	-38.66%	-82.76%	-20.82%	N/A	N/A	$55.57	$6.32	84.33%	37.82%	1.26	388,000	-21.46%
BBNX	BETA BIONICS INC	$20.98	3.66%	-6.09%	-8.38%	46.71%	108.76%	N/A	N/A	N/A	N/A	$26.66	$8.89	21.31%	136.00%	1.86	742,000	48.10%
AMIX	AUTONOMIX MEDICAL INC	$1.11	-1.77%	-2.63%	0.00%	-39.34%	-37.64%	-89.24%	N/A	N/A	N/A	$21.49	$0.96	94.83%	15.50%	0.62	137,000	-4.20%
NVNO	ENVVENO MEDICAL CORP	$0.73	-5.70%	-6.79%	-21.04%	-85.38%	-69.92%	-78.40%	-88.12%	-92.49%	N/A	$5.62	$0.67	87.05%	8.66%	1.02	186,000	77.14%
PROF	PROFOUND MEDICAL CORP	$5.86	1.38%	0.51%	36.28%	5.59%	28.51%	-21.87%	71.35%	-66.78%	N/A	$9.17	$3.76	36.10%	55.85%	1.00	21,300	-56.17%
IVF	INVO FERTILITY INC	$0.54	-20.59%	-30.77%	-36.02%	-78.82%	-90.22%	-98.20%	-99.94%	N/A	N/A	$37.44	$0.51	98.56%	5.47%	0.98	4,681,000	31.49%
MDAI	SPECTRAL AI INC	$2.40	-6.98%	-4.38%	2.13%	-1.64%	103.39%	96.72%	-75.78%	N/A	N/A	$3.25	$1.01	26.15%	137.62%	0.40	716,000	-43.62%
VVOS	VIVOS THERAPEUTICS INC	$2.76	-3.16%	-13.21%	-18.34%	-49.26%	25.45%	2.22%	-85.85%	N/A	N/A	$7.95	$1.98	65.28%	39.39%	0.86	370,000	80.49%
MYO	MYOMO INC	$1.12	0.00%	-3.45%	31.76%	-46.67%	-73.83%	-69.89%	-27.27%	-75.22%	N/A	$7.17	$0.80	84.38%	39.30%	1.32	1,142,000	-23.66%
XTNT	XTANT MEDICAL HOLDINGS INC	$0.78	2.63%	1.04%	20.00%	25.81%	58.54%	41.82%	21.50%	-44.29%	-97.99%	$0.84	$0.33	7.14%	135.65%	0.55	384,000	20.00%
ALUR	ALLURION TECHNOLOGIES INC	$1.99	-1.49%	-4.33%	-11.16%	-37.62%	-13.10%	-88.69%	-99.20%	N/A	N/A	$20.00	$1.93	90.05%	3.11%	0.39	24,300	-26.36%
INBS	INTELLIGENT BIO SOLUTIONS INC	$1.06	-1.85%	-1.85%	-21.19%	-47.78%	-12.40%	-29.33%	-99.03%	N/A	N/A	$2.75	$1.01	61.45%	4.95%	1.25	114,000	6.54%
NXL	NEXALIN TECHNOLOGY INC	$1.54	-8.33%	19.38%	60.42%	28.33%	-11.19%	4.05%	14.07%	N/A	N/A	$4.49	$0.70	65.70%	119.37%	1.34	1,055,000	-8.50%
NSYS	NORTECH SYSTEMS INC	$9.75	-0.25%	-1.42%	1.48%	11.99%	22.66%	-20.67%	-5.34%	108.42%	143.75%	$12.75	$7.25	23.53%	34.48%	0.32	4,700	394.74%
NSPR	INSPIREMD INC	$2.35	0.43%	-0.84%	-3.69%	-6.63%	-9.62%	-5.62%	89.82%	-58.88%	-100.00%	$3.80	$1.99	38.13%	18.09%	0.55	17,300	-45.94%
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$3.92	9.19%	-47.38%	-95.39%	-95.22%	-89.69%	-99.37%	N/A	N/A	N/A	$844.63	$3.50	99.54%	12.00%	0.89	2,868,000	2,176.19%
MOVE	MOVANO INC	$7.14	-0.97%	0.78%	20.79%	4.23%	-16.00%	-85.17%	-97.92%	N/A	N/A	$69.68	$5.10	89.75%	40.00%	0.91	10,200	-34.19%
LNSR	LENSAR INC	$12.26	-0.16%	2.34%	-3.54%	-7.96%	-11.09%	122.10%	107.80%	43.56%	N/A	$17.31	$5.25	29.17%	133.52%	0.47	61,600	6.21%
ADGM	ADAGIO MEDICAL HOLDINGS INC	$1.43	-1.38%	-16.37%	-16.37%	-8.74%	19.17%	-48.75%	-85.63%	N/A	N/A	$4.20	$0.63	65.95%	128.80%	0.08	70,600	-43.06%
TIVC	TIVIC HEALTH SYSTEMS INC	$2.95	3.44%	-1.99%	-3.28%	-27.64%	-15.71%	-44.08%	-99.90%	N/A	N/A	$15.64	$2.43	81.14%	21.40%	0.97	33,600	-33.20%
COCH	ENVOY MEDICAL INC	$0.86	1.90%	-6.43%	-9.10%	-46.65%	-34.43%	-68.99%	-91.32%	N/A	N/A	$3.09	$0.74	72.20%	15.92%	0.02	337,000	-37.59%
CODX	CO-DIAGNOSTICS INC	$0.34	-2.02%	-8.87%	-19.09%	19.79%	-4.51%	-73.52%	-89.34%	-97.31%	N/A	$1.27	$0.23	73.33%	48.68%	1.16	489,000	-34.01%
CV	CAPSOVISION INC	$4.81	-0.82%	2.56%	1.26%	8.09%	N/A	N/A	N/A	N/A	N/A	$5.72	$3.45	15.91%	39.42%	1.65	19,100	-38.39%
LFWD	LIFEWARD LTD	$0.68	-2.86%	-12.26%	13.52%	-7.86%	-52.45%	-72.80%	-88.67%	-92.86%	-99.95%	$4.00	$0.50	83.00%	35.73%	0.97	309,000	32.05%
IRIX	IRIDEX CORP	$1.08	1.89%	1.89%	-6.09%	-14.29%	4.85%	-34.15%	-55.37%	-43.31%	-86.65%	$1.95	$0.78	44.62%	38.11%	0.86	43,700	61.85%
VERO	VENUS CONCEPT INC	$2.29	-0.43%	-5.37%	-0.87%	-8.40%	-15.50%	-55.06%	-94.80%	-99.41%	N/A	$14.50	$2.10	84.21%	9.05%	2.62	42,000	112.12%
ELUT	ELUTIA INC	$0.90	-0.11%	1.01%	-19.28%	-57.93%	-61.04%	-73.25%	-87.20%	-92.13%	N/A	$5.12	$0.85	82.50%	5.41%	0.27	412,000	104.98%
SMLR	SEMLER SCIENTIFIC INC	$23.51	-0.59%	-8.45%	-26.67%	-40.74%	-21.19%	-12.93%	-39.52%	-59.47%	867.49%	$81.56	$22.59	71.17%	4.07%	1.56	579,000	-14.85%
BMRA	BIOMERICA INC	$3.20	2.56%	11.11%	12.68%	-8.57%	-13.04%	23.08%	-87.22%	-92.74%	-50.00%	$10.16	$2.08	68.50%	53.85%	0.79	43,200	-65.44%
BJDX	BLUEJAY DIAGNOSTICS INC	$2.56	-1.16%	-26.86%	68.42%	64.10%	49.71%	-52.15%	-99.96%	N/A	N/A	$12.45	$1.26	79.44%	103.17%	0.56	93,000	10.71%
PFSA	PROFUSA INC	$0.31	-5.28%	-0.65%	-6.44%	-66.48%	-97.48%	-97.39%	-96.93%	N/A	N/A	$12.76	$0.27	97.61%	15.09%	0.16	4,848,000	211.97%
BBLG	BONE BIOLOGICS CORP	$2.45	-1.01%	-4.67%	14.49%	-17.79%	-40.82%	-79.38%	-99.68%	-96.73%	N/A	$30.23	$1.95	91.90%	25.64%	1.06	15,200	-30.91%
TELA	TELA BIO INC	$1.51	2.03%	1.34%	-6.21%	-23.74%	69.66%	-39.84%	-82.24%	-90.71%	N/A	$3.26	$0.87	53.68%	74.57%	0.81	71,000	-53.59%
MODD	MODULAR MEDICAL INC	$0.60	-1.81%	3.11%	-17.88%	-14.59%	-29.85%	-73.23%	-81.74%	N/A	N/A	$2.37	$0.55	74.81%	8.55%	0.49	163,000	-29.44%
APYX	APYX MEDICAL CORP	$3.08	-1.60%	-9.41%	52.48%	37.50%	214.29%	163.25%	-27.87%	-47.44%	54.77%	$3.49	$0.76	11.75%	307.95%	1.31	65,000	3.17%
PAVM	PAVMED INC	$0.48	-5.70%	-10.78%	7.38%	-19.60%	-26.72%	-55.76%	-96.89%	-98.32%	N/A	$1.25	$0.30	61.60%	57.89%	1.35	1,347,000	113.81%
CTSO	CYTOSORBENTS CORP	$0.83	-2.59%	-10.20%	-14.29%	-20.38%	-24.04%	-21.14%	-47.26%	-89.65%	-86.47%	$1.61	$0.71	48.57%	16.62%	0.86	125,000	51.33%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Oct 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. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) 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 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 21, which is -6 points lower than the medical device industry average of 27. Although this number is below the industry average, our proven quant model rates BVS as a "A".

BVS passed 7 out of 33 due diligence checks and has weak fundamentals. Bioventus has seen its stock lose -44.11% over the past year, underperforming other medical device stocks by -9 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 68.54% from Bioventus's current stock price of $7.12.

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.

2. Steris (NYSE:STE)

Steris (NYSE:STE) 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 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 47, which is 20 points higher than the medical device industry average of 27.

STE passed 17 out of 38 due diligence checks and has strong fundamentals. Steris has seen its stock return 7.87% over the past year, overperforming other medical device stocks by 43 percentage points.

Steris has an average 1 year price target of $275.20, an upside of 13.7% from Steris's current stock price of $242.03.

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.

3. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) 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 Smith & Nephew (NYSE:SNN) is: Value: B, Growth: B, Momentum: B, Sentiment: C, Safety: B, 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 24.38% over the past year, overperforming other medical device stocks by 59 percentage points.

Smith & Nephew has an average 1 year price target of $36.00, a downside of -1.45% from Smith & Nephew's current stock price of $36.53.

Smith & Nephew stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst 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.

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 2.09%, which is 1 percentage points higher than the medical device industry average of 0.97%. 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 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 1.39%, which is the same as the medical device industry average of 0.97%. 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 1.24%, which is the same as the medical device industry average of 0.97%. 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 0.3% in the last day, and up 2.35% over the last week. Ceribell was the among the top gainers in the medical devices industry, gaining 7.04% yesterday.

CeriBell shares are trading higher. Raymond James initiated coverage on the stock with a Strong Buy rating and a price target of $19.

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 -10.71% in the past year. It has overperformed other stocks in the medical device industry by 24 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 -24.23% in the past year. It has overperformed other stocks in the medical device industry by 10 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 57, which is 42 points higher than the medical device industry average of 15. It passed 4 out of 7 valuation due diligence checks.

Adapthealth's stock has dropped -11.24% in the past year. It has overperformed other stocks in the medical device industry by 23 percentage points.

Are medical device stocks a good buy now?

53.68% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 25.24% over the next year.

6.31% of medical device stocks have a Zen Rating of A (Strong Buy), 16.22% of medical device stocks are rated B (Buy), 50.45% are rated C (Hold), 19.82% are rated D (Sell), and 7.21% 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 29.96x.

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. Bioventus (NASDAQ:BVS)

2. Steris (NYSE:STE)

3. Smith & Nephew (NYSE:SNN)

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. Bioventus (NASDAQ:BVS)

2. Steris (NYSE:STE)

3. Smith & Nephew (NYSE:SNN)

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.