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 99th 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 %
NAOV	NANOVIBRONIX INC	$5.14	-3.20%	-11.38%	-8.87%	-37.78%	-82.03%	-90.80%	-99.40%	-99.58%	-99.95%	$162.50	$4.71	96.84%	9.13%	0.76	31,000	-18.42%
RXST	RXSIGHT INC	$8.79	2.33%	2.09%	-2.22%	12.98%	-40.29%	-82.65%	-29.34%	N/A	N/A	$55.57	$6.32	84.18%	39.08%	1.26	460,000	-34.94%
CATX	PERSPECTIVE THERAPEUTICS INC	$2.73	3.41%	-8.70%	-20.41%	-28.91%	11.43%	-76.88%	-10.81%	-31.75%	-81.17%	$12.90	$1.60	78.84%	70.63%	1.20	1,245,000	20.87%
AMIX	AUTONOMIX MEDICAL INC	$1.03	0.00%	-8.04%	-4.63%	-28.47%	-55.98%	-92.80%	N/A	N/A	N/A	$15.00	$0.96	93.13%	7.18%	0.63	43,000	-68.61%
NVNO	ENVVENO MEDICAL CORP	$0.71	1.15%	-0.98%	-22.19%	-84.71%	-76.50%	-79.08%	-88.79%	-91.08%	N/A	$5.62	$0.62	87.46%	13.71%	1.04	795,000	159.80%
PROF	PROFOUND MEDICAL CORP	$6.07	-0.82%	10.36%	24.13%	9.37%	21.64%	-16.51%	46.62%	-64.57%	N/A	$9.17	$3.76	33.81%	61.44%	1.00	27,300	-52.11%
IVF	INVO FERTILITY INC	$0.54	17.35%	-6.40%	-28.82%	-70.27%	-92.45%	-97.99%	-99.93%	N/A	N/A	$37.44	$0.45	98.56%	20.22%	0.97	9,352,000	769.14%
MDAI	SPECTRAL AI INC	$2.13	1.43%	-4.05%	-6.58%	-14.11%	63.85%	47.92%	-78.53%	N/A	N/A	$3.25	$1.01	34.46%	110.89%	0.40	482,000	12.09%
MYO	MYOMO INC	$0.93	-0.43%	-16.58%	3.81%	-52.02%	-80.30%	-74.70%	-35.24%	-79.28%	N/A	$7.17	$0.80	87.09%	15.17%	1.34	939,000	-21.42%
VVOS	VIVOS THERAPEUTICS INC	$2.58	0.00%	-14.29%	-16.77%	-40.42%	-9.15%	2.38%	-85.67%	N/A	N/A	$7.95	$1.98	67.55%	30.30%	0.86	78,000	-16.13%
HSCS	HEARTSCIENCES INC	$3.05	3.04%	-7.29%	-12.36%	-2.24%	-12.98%	3.74%	-98.75%	N/A	N/A	$6.47	$2.52	52.86%	21.22%	0.35	13,900	-47.15%
ADGM	ADAGIO MEDICAL HOLDINGS INC	$1.14	-2.56%	-13.64%	-41.24%	-13.64%	-11.63%	-57.78%	-88.59%	N/A	N/A	$4.20	$0.63	72.86%	82.40%	0.08	77,500	0.65%
ALUR	ALLURION TECHNOLOGIES INC	$1.85	1.09%	-5.13%	-9.76%	-33.45%	-21.94%	-89.62%	-99.26%	N/A	N/A	$19.69	$1.79	90.60%	3.53%	0.39	25,800	-7.19%
BBLG	BONE BIOLOGICS CORP	$2.13	-0.93%	-4.91%	-23.66%	-23.93%	-47.24%	-73.70%	-99.67%	-98.54%	N/A	$30.23	$1.95	92.95%	9.23%	0.99	20,300	138.82%
APYX	APYX MEDICAL CORP	$3.03	2.71%	-5.61%	41.59%	58.64%	191.35%	158.97%	-39.40%	-50.41%	52.26%	$3.49	$0.76	13.18%	301.32%	1.31	33,700	-44.75%
BMRA	BIOMERICA INC	$2.79	1.09%	-5.74%	-1.41%	-13.89%	-22.93%	-6.25%	-89.40%	-93.60%	-60.79%	$10.16	$2.08	72.54%	34.13%	0.80	19,000	-30.91%
CV	CAPSOVISION INC	$4.88	3.83%	-0.41%	0.83%	26.26%	N/A	N/A	N/A	N/A	N/A	$5.72	$3.45	14.69%	41.45%	1.37	15,300	-43.96%
IRIX	IRIDEX CORP	$1.05	-0.94%	-4.11%	-7.98%	-20.45%	-11.76%	-30.92%	-53.33%	-40.34%	-87.35%	$1.95	$0.78	46.15%	34.27%	0.86	25,700	-18.93%
ELUT	ELUTIA INC	$0.91	-0.11%	1.00%	2.13%	-55.22%	-60.65%	-71.59%	-88.85%	-92.10%	N/A	$5.12	$0.85	82.25%	6.94%	0.26	217,000	93.75%
INBS	INTELLIGENT BIO SOLUTIONS INC	$0.98	-5.15%	-3.27%	-4.22%	-38.16%	-23.67%	-28.16%	-99.08%	N/A	N/A	$2.75	$0.92	64.47%	6.20%	1.24	253,000	-69.66%
LFWD	LIFEWARD LTD	$0.62	-2.52%	-4.63%	-13.20%	-12.09%	-56.17%	-71.91%	-91.08%	-91.75%	-99.96%	$4.00	$0.50	84.55%	23.35%	0.95	328,000	77.30%
LNSR	LENSAR INC	$12.30	2.07%	2.76%	-0.40%	-4.58%	-12.46%	116.55%	158.40%	30.02%	N/A	$17.31	$5.52	28.94%	122.83%	0.49	49,700	56.29%
MOVE	MOVANO INC	$5.70	-14.03%	-17.75%	-0.75%	-12.58%	-32.94%	-82.88%	-98.29%	N/A	N/A	$69.68	$5.10	91.82%	11.76%	0.91	16,100	-88.33%
NSPR	INSPIREMD INC	$2.21	0.91%	-2.21%	-8.30%	-20.79%	-12.99%	-10.89%	96.44%	-57.56%	-100.00%	$3.80	$1.99	41.81%	11.06%	0.55	65,600	41.68%
NSYS	NORTECH SYSTEMS INC	$9.31	-2.92%	-5.76%	3.10%	14.16%	-0.96%	-22.76%	-7.82%	103.28%	127.07%	$12.40	$7.25	24.92%	28.41%	0.31	850	-63.04%
PAVM	PAVMED INC	$0.43	1.66%	5.15%	-0.46%	-25.52%	-40.83%	-59.91%	-97.69%	-98.35%	N/A	$1.25	$0.30	65.68%	41.12%	1.37	530,000	34.18%
TIVC	TIVIC HEALTH SYSTEMS INC	$2.51	0.40%	-13.15%	-13.15%	-27.25%	-42.43%	-49.26%	-99.91%	N/A	N/A	$15.64	$2.40	83.95%	4.58%	0.97	27,800	-14.98%
PTHL	PHETON HOLDINGS LTD	$0.62	-1.91%	0.82%	-20.95%	-30.90%	-80.29%	-84.63%	N/A	N/A	N/A	$32.00	$0.51	98.08%	20.12%	0.58	65,000	-52.90%
MODD	MODULAR MEDICAL INC	$0.50	-4.07%	-10.16%	-29.29%	-31.15%	-53.74%	-77.19%	-83.55%	N/A	N/A	$2.37	$0.49	79.11%	1.02%	0.49	300,000	53.85%
VERO	VENUS CONCEPT INC	$2.14	1.42%	-4.04%	-6.96%	-15.08%	-11.93%	-52.55%	-94.36%	-99.40%	N/A	$14.50	$2.06	85.24%	3.88%	2.62	14,100	-31.55%
PFSA	PROFUSA INC	$0.24	-7.36%	-17.59%	-19.53%	-65.86%	-98.02%	-97.96%	-97.60%	N/A	N/A	$12.76	$0.22	98.13%	9.63%	0.17	10,102,000	-71.85%
SMLR	SEMLER SCIENTIFIC INC	$26.46	7.50%	10.43%	-11.80%	-26.19%	-18.16%	-9.94%	-37.01%	-53.58%	988.89%	$81.56	$21.84	67.56%	21.15%	1.60	626,000	8.87%
TELA	TELA BIO INC	$1.23	-5.38%	-16.89%	-17.45%	-27.65%	26.80%	-56.23%	-86.21%	-92.16%	N/A	$3.26	$0.87	62.27%	42.20%	0.78	368,000	1,032.31%
VTAK	CATHETER PRECISION INC	$2.45	2.08%	-7.89%	-2.78%	-19.41%	-53.95%	-73.61%	-99.64%	-99.99%	N/A	$15.68	$2.20	84.38%	11.36%	1.07	31,600	27.94%
CTSO	CYTOSORBENTS CORP	$0.80	1.66%	-6.47%	-14.88%	-6.47%	-21.29%	-21.29%	-57.49%	-90.11%	-89.74%	$1.61	$0.71	50.62%	11.97%	0.85	72,000	-67.71%
XTNT	XTANT MEDICAL HOLDINGS INC	$0.88	-4.46%	9.88%	35.23%	53.40%	73.03%	60.99%	39.52%	-21.52%	-97.60%	$0.95	$0.33	7.47%	165.56%	0.53	466,000	50.32%
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$3.59	-4.52%	8.79%	-52.07%	-95.38%	-91.54%	-99.40%	N/A	N/A	N/A	$844.63	$2.79	99.57%	28.90%	0.79	49,600	-7.29%
COCH	ENVOY MEDICAL INC	$0.81	7.48%	-5.29%	3.74%	-44.86%	-43.31%	-69.62%	-91.88%	N/A	N/A	$2.45	$0.72	67.14%	11.81%	0.03	634,000	74.18%
CODX	CO-DIAGNOSTICS INC	$0.46	-1.71%	31.05%	33.72%	77.61%	31.05%	-61.98%	-86.74%	-96.53%	N/A	$1.55	$0.23	70.32%	101.75%	1.40	6,028,000	-28.82%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Nov 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. Steris (NYSE:STE)

Steris (NYSE:STE) 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 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 45, which is 17 points higher than the medical device industry average of 28.

STE passed 16 out of 38 due diligence checks and has strong fundamentals. Steris has seen its stock return 6.24% over the past year, overperforming other medical device stocks by 41 percentage points.

Steris has an average 1 year price target of $275.20, an upside of 16.76% from Steris's current stock price of $235.70.

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.

2. Livanova (NASDAQ:LIVN)

Livanova (NASDAQ:LIVN) 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 Livanova (NASDAQ:LIVN) is: Value: B, Growth: A, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.

Livanova (NASDAQ:LIVN) has a Due Diligence Score of 20, which is -8 points lower than the medical device industry average of 28. Although this number is below the industry average, our proven quant model rates LIVN as a "A".

LIVN passed 6 out of 33 due diligence checks and has weak fundamentals. Livanova has seen its stock return 1.96% over the past year, overperforming other medical device stocks by 36 percentage points.

Livanova has an average 1 year price target of $60.75, an upside of 15.43% from Livanova's current stock price of $52.63.

Livanova stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Livanova, 0% have issued a Strong Buy rating, 75% 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: B, Growth: B, Momentum: D, Sentiment: C, Safety: B, Financials: B, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 24, which is -4 points lower than the medical device industry average of 28. Although this number is below the industry average, our proven quant model rates BVS as a "A".

BVS passed 8 out of 33 due diligence checks and has weak fundamentals. Bioventus has seen its stock lose -51.73% over the past year, underperforming other medical device stocks by -17 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 83.21% from Bioventus's current stock price of $6.55.

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 2.07%, which is 1 percentage points higher than the medical device industry average of 1.02%. 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 1.43%, which is the same as the medical device industry average of 1.02%. 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. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) has an annual dividend yield of 1.36%, which is the same as the medical device industry average of 1.02%. 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 down?

Medical device stocks were down -0.05% in the last day, and down -3.15% over the last week. Dexcom was the among the top losers in the medical devices industry, dropping -14.63% yesterday.

DexCom shares are trading lower. The company reported Q3 financial results. Also, BTIG lowered its price target from $109 to $85 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. 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 -13.52% in the past year. It has overperformed other stocks in the medical device industry by 21 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 -35.52% in the past year. It has underperformed other stocks in the medical device industry by -1 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 -12.63% in the past year. It has overperformed other stocks in the medical device industry by 22 percentage points.

Are medical device stocks a good buy now?

51.09% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 29.98% over the next year.

6.36% of medical device stocks have a Zen Rating of A (Strong Buy), 15.45% of medical device stocks are rated B (Buy), 49.09% are rated C (Hold), 21.82% are rated D (Sell), and 7.27% 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 27.18x.

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. Steris (NYSE:STE)

2. Livanova (NASDAQ:LIVN)

3. Bioventus (NASDAQ:BVS)

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. Steris (NYSE:STE)

2. Livanova (NASDAQ:LIVN)

3. Bioventus (NASDAQ:BVS)

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.