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 C and is the 80th 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 %
RCEL	AVITA MEDICAL INC	$3.40	-1.73%	-1.45%	-11.92%	-49.70%	-37.84%	-72.87%	-52.11%	-81.63%	N/A	$14.16	$3.33	75.99%	2.26%	1.42	167,000	14.38%
MYO	MYOMO INC	$1.00	-4.76%	-7.41%	29.87%	13.77%	-64.16%	-83.50%	67.22%	-85.36%	N/A	$7.17	$0.71	86.05%	40.65%	1.36	822,000	43.71%
MDAI	SPECTRAL AI INC	$1.49	-6.88%	-11.31%	3.47%	-25.13%	-27.67%	-23.98%	-85.14%	N/A	N/A	$3.25	$1.04	54.15%	43.27%	0.42	368,000	67.27%
PTHL	PHETON HOLDINGS LTD	$0.53	-0.38%	-6.71%	-7.37%	-41.66%	-97.03%	-86.80%	N/A	N/A	N/A	$32.00	$0.47	98.35%	11.86%	0.53	46,500	300.86%
NSYS	NORTECH SYSTEMS INC	$7.00	-4.76%	-3.45%	-0.57%	-27.08%	-18.98%	-38.49%	-47.29%	40.00%	76.77%	$12.40	$6.50	43.55%	7.69%	0.33	6,700	318.75%
PAVM	PAVMED INC	$0.31	-5.45%	-10.09%	-18.75%	-22.00%	-50.08%	-56.67%	-95.95%	-98.90%	N/A	$0.90	$0.30	65.22%	2.63%	1.38	211,000	-30.36%
NSPR	INSPIREMD INC	$1.97	1.03%	8.24%	-1.99%	-17.23%	-19.59%	-32.07%	77.48%	-61.38%	-100.00%	$3.80	$1.59	48.13%	23.90%	0.57	54,000	-7.69%
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$0.07	-39.81%	-98.66%	-98.41%	-99.92%	-99.92%	-99.99%	N/A	N/A	N/A	$600.00	$0.06	99.99%	8.33%	0.75	324,557,000	154.37%
MODD	MODULAR MEDICAL INC	$0.37	6.94%	-16.29%	-28.71%	-50.53%	-53.22%	-75.97%	-86.17%	N/A	N/A	$1.56	$0.28	76.28%	32.14%	0.45	1,083,000	74.68%
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.66	0.61%	0.92%	-2.36%	-24.89%	9.44%	-12.57%	-74.87%	-81.64%	N/A	$1.39	$0.40	52.45%	67.34%	0.87	226,000	-43.92%
FEED	ENVUE MEDICAL INC	$3.87	-5.61%	-12.84%	-13.03%	-63.83%	-60.52%	-94.22%	-99.49%	-99.82%	-99.96%	$162.50	$3.55	97.62%	9.01%	0.79	17,100	-32.41%
NUWE	NUWELLIS INC	$2.16	-5.26%	-20.30%	-11.91%	-54.04%	-81.63%	-95.68%	-99.98%	-100.00%	-100.00%	$70.14	$2.02	96.92%	6.93%	0.92	48,000	-23.81%
PFSA	PROFUSA INC	$0.12	-19.74%	-38.38%	-30.29%	-67.47%	-98.99%	-98.96%	-98.79%	N/A	N/A	$12.76	$0.12	99.04%	5.17%	0.23	29,814,000	237.49%
NVNO	ENVVENO MEDICAL CORP	$0.31	-3.98%	-3.68%	-14.21%	-65.34%	-92.88%	-89.02%	-94.00%	-97.08%	N/A	$5.62	$0.30	94.41%	4.32%	1.12	405,000	62.65%
TNON	TENON MEDICAL INC	$1.08	-6.09%	-2.70%	-5.26%	-6.09%	22.45%	-44.33%	-99.34%	N/A	N/A	$5.85	$0.85	81.54%	27.06%	1.02	50,000	-70.24%
MOVE	MOVANO INC	$8.64	-8.28%	16.60%	-14.83%	20.65%	32.56%	-85.91%	-96.44%	N/A	N/A	$62.80	$4.67	86.24%	85.01%	1.11	46,000	-54.90%
LFWD	LIFEWARD LTD	$0.62	-8.12%	-9.99%	4.54%	10.68%	-42.94%	-61.84%	-88.36%	-93.51%	-99.94%	$4.00	$0.50	84.45%	24.15%	0.99	329,000	-23.49%
TIVC	TIVIC HEALTH SYSTEMS INC	$2.01	-3.60%	-4.74%	33.73%	-33.88%	-46.40%	-45.66%	-99.85%	N/A	N/A	$15.64	$1.47	87.15%	36.73%	1.01	16,100	-83.57%
IRIX	IRIDEX CORP	$0.99	7.17%	6.70%	5.11%	-22.89%	0.20%	-42.11%	-56.13%	-41.60%	-89.76%	$1.89	$0.78	47.78%	26.21%	0.87	99,000	-37.74%
INBS	INTELLIGENT BIO SOLUTIONS INC	$0.55	-1.79%	-22.54%	-20.52%	-68.02%	-71.05%	-63.09%	-99.35%	N/A	N/A	$2.75	$0.54	80.00%	2.23%	1.28	125,000	-86.19%
ADGM	ADAGIO MEDICAL HOLDINGS INC	$0.83	-15.29%	-5.03%	7.92%	-50.54%	-26.46%	-54.59%	-91.76%	N/A	N/A	$2.87	$0.63	71.05%	32.96%	0.07	331,000	-67.36%
ELUT	ELUTIA INC	$0.67	-4.01%	-1.18%	-8.22%	-45.08%	-61.93%	-83.78%	-82.27%	-95.02%	N/A	$4.84	$0.58	86.16%	15.52%	0.27	112,000	43.59%
SMLR	SEMLER SCIENTIFIC INC	$16.03	-10.80%	-18.92%	-19.93%	-43.54%	-47.48%	-78.48%	-51.59%	-81.47%	559.67%	$81.56	$15.90	80.34%	0.82%	1.65	752,000	41.35%
VERO	VENUS CONCEPT INC	$1.67	-10.70%	-12.57%	-2.91%	-26.75%	-32.66%	-53.96%	-96.39%	-99.53%	N/A	$14.50	$1.65	88.48%	1.21%	2.66	71,000	177.34%
TELA	TELA BIO INC	$1.13	-1.74%	0.00%	-0.88%	-28.48%	-29.81%	-59.50%	-89.34%	-93.23%	N/A	$3.10	$0.87	63.54%	30.64%	0.78	84,000	-26.32%
ECOR	ELECTROCORE INC	$4.77	0.42%	-2.65%	-9.32%	-1.24%	-8.62%	-66.60%	-5.09%	-82.23%	N/A	$19.49	$4.16	75.53%	14.66%	0.84	32,000	37.34%
VTAK	CATHETER PRECISION INC	$2.24	-11.49%	-24.24%	24.17%	-11.66%	-65.90%	-66.71%	-99.75%	-100.00%	N/A	$15.68	$1.49	85.75%	50.00%	1.11	59,500	78.68%
SSKN	STRATA SKIN SCIENCES INC	$1.36	-4.23%	-1.45%	-6.85%	-12.82%	-38.18%	-54.53%	-84.46%	-91.39%	-97.50%	$3.86	$1.24	64.77%	9.68%	0.27	75,000	-14.77%
CV	CAPSOVISION INC	$13.78	7.24%	89.29%	160.74%	218.24%	N/A	N/A	N/A	N/A	N/A	$15.37	$3.45	10.34%	299.42%	1.62	225,000	-35.16%
CTSO	CYTOSORBENTS CORP	$0.63	-8.48%	-13.54%	-4.57%	-31.58%	-48.69%	-31.21%	-46.03%	-92.87%	-91.01%	$1.61	$0.60	61.12%	4.33%	0.88	322,000	101.25%
XTNT	XTANT MEDICAL HOLDINGS INC	$0.70	-3.45%	-1.13%	2.49%	7.69%	12.36%	100.00%	2.49%	-42.15%	-98.14%	$0.95	$0.34	26.32%	105.88%	0.55	274,000	21.78%
BMRA	BIOMERICA INC	$2.47	-4.26%	-0.60%	7.86%	-17.39%	-26.05%	-0.40%	-91.23%	-94.61%	-69.43%	$10.16	$2.08	75.69%	18.75%	0.81	13,000	-13.91%
BBLG	BONE BIOLOGICS CORP	$2.01	-0.84%	6.35%	25.63%	-2.43%	-59.31%	-70.35%	-99.41%	-99.11%	N/A	$30.23	$1.31	93.35%	53.44%	0.98	20,000	30.72%
BJDX	BLUEJAY DIAGNOSTICS INC	$1.02	-2.86%	-12.82%	-28.67%	-33.77%	-39.29%	-79.56%	-99.97%	N/A	N/A	$10.20	$0.96	90.00%	5.81%	0.59	88,000	55.75%
ALUR	ALLURION TECHNOLOGIES INC	$1.52	-8.98%	-9.52%	8.57%	-30.59%	-37.70%	-81.90%	-99.40%	N/A	N/A	$16.81	$1.02	90.96%	49.02%	0.44	48,000	87.50%
CODX	CO-DIAGNOSTICS INC	$0.27	-20.82%	-22.19%	-14.56%	-23.51%	-0.37%	-65.82%	-89.20%	-97.55%	N/A	$1.55	$0.23	82.58%	18.42%	1.44	3,394,000	181.66%
AIMD	AINOS INC	$2.15	-5.29%	-2.27%	-2.49%	-36.67%	-14.61%	-0.05%	-87.26%	N/A	N/A	$5.00	$1.78	57.00%	20.79%	288.89	32,000	46.12%
HSCS	HEARTSCIENCES INC	$2.47	-3.14%	-15.12%	-17.53%	-25.15%	-35.96%	-35.84%	-97.53%	N/A	N/A	$6.47	$2.01	61.82%	22.89%	0.37	448,000	2,375.14%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Dec 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. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) is the #1 top medical device stock out of 138 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 45, which is 18 points higher than the medical device industry average of 27.

TCMD passed 14 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 58.92% over the past year, overperforming other medical device stocks by 91 percentage points.

Tactile Systems Technology has an average 1 year price target of $23.25, a downside of -18.22% from Tactile Systems Technology's current stock price of $28.43.

Tactile Systems Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ:VREX) is the #2 top medical device stock out of 138 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: B, Safety: B, Financials: B, and AI: B.

Varex Imaging (NASDAQ:VREX) 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 VREX as a "A".

VREX passed 7 out of 33 due diligence checks and has weak fundamentals. Varex Imaging has seen its stock lose -22.32% over the past year, overperforming other medical device stocks by 10 percentage points.

Varex Imaging has an average 1 year price target of $16.67, an upside of 41.25% from Varex Imaging's current stock price of $11.80.

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.

3. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) is the #3 top medical device stock out of 138 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 33, which is 6 points higher than the medical device industry average of 27.

BVS passed 11 out of 33 due diligence checks and has average fundamentals. Bioventus has seen its stock lose -32.74% over the past year, underperforming other medical device stocks by -1 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 60% from Bioventus's current stock price of $7.50.

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 2.36%, which is 1 percentage points higher than the medical device industry average of 1%. 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. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) has an annual dividend yield of 1.49%, which is the same as the medical device industry average of 1%. 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 38.8% indicates that its dividend yield is sustainable for the long-term.

3. Abbott Laboratories (NYSE:ABT)

Abbott Laboratories (NYSE:ABT) has an annual dividend yield of 1.38%, which is the same as the medical device industry average of 1%. 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.

Why are medical device stocks down?

Medical device stocks were down -0.57% in the last day, and down -0.65% over the last week. Profusa was the among the top losers in the medical devices industry, dropping -19.74% yesterday.

PFSA stock has given up its prior gain. Profusa shares were trading higher after the company reported late-breaking data showing its Lumee oxygen monitoring system met primary endpoints in a peripheral artery disease study.

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 57 points higher than the medical device industry average of 14. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -20.26% in the past year. It has overperformed other stocks in the medical device industry by 12 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 43 points higher than the medical device industry average of 14. It passed 4 out of 7 valuation due diligence checks.

Conmed's stock has dropped -43.47% in the past year. It has underperformed other stocks in the medical device industry by -11 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 15 points higher than the medical device industry average of 14. It passed 2 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -32.74% in the past year. It has underperformed other stocks in the medical device industry by -1 percentage points.

Are medical device stocks a good buy now?

53.13% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 23.72% over the next year.

6.8% of medical device stocks have a Zen Rating of A (Strong Buy), 18.45% of medical device stocks are rated B (Buy), 49.51% are rated C (Hold), 22.33% are rated D (Sell), and 2.91% 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 24.29x.

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. Tactile Systems Technology (NASDAQ:TCMD)

2. Varex Imaging (NASDAQ:VREX)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Conmed (NYSE:CNMD)

3. Abbott Laboratories (NYSE:ABT)

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 (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. Tactile Systems Technology (NASDAQ:TCMD)

2. Varex Imaging (NASDAQ:VREX)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Conmed (NYSE:CNMD)

3. Abbott Laboratories (NYSE:ABT)

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 (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.