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 78th 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 %
SMLR	SEMLER SCIENTIFIC INC	$40.45	2.30%	4.28%	13.69%	18.76%	-31.49%	23.97%	37.35%	-10.71%	1,062.36%	$81.56	$21.77	50.40%	85.81%	1.50	299,000	-67.36%
LUCD	LUCID DIAGNOSTICS INC	$1.03	-1.90%	-13.45%	-18.25%	-31.33%	25.61%	37.15%	-57.61%	N/A	N/A	$1.80	$0.72	42.78%	43.06%	0.78	1,161,000	-24.66%
LFWD	LIFEWARD LTD	$0.67	-0.45%	15.12%	-46.40%	-58.13%	-74.81%	-81.89%	-89.97%	-92.69%	-99.96%	$4.77	$0.50	85.95%	33.73%	0.94	545,000	-27.72%
SINT	SINTX TECHNOLOGIES INC	$3.35	0.60%	6.01%	21.38%	34.00%	-9.21%	-27.96%	-99.96%	-99.99%	-100.00%	$8.60	$1.71	61.03%	95.91%	1.34	13,500	-47.67%
HYPR	HYPERFINE INC	$0.80	10.34%	9.44%	8.11%	15.77%	-24.53%	-20.95%	-58.55%	N/A	N/A	$1.90	$0.53	57.89%	50.09%	1.13	409,000	190.07%
IVF	INVO FERTILITY INC	$0.86	-1.37%	-16.92%	-45.32%	-58.86%	-91.73%	-90.53%	-99.53%	N/A	N/A	$17.04	$0.82	94.93%	5.37%	1.03	54,400	-53.50%
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$0.71	1.14%	-0.42%	-13.94%	32.96%	-83.90%	N/A	N/A	N/A	N/A	$8.45	$0.36	91.59%	96.68%	0.86	26,500	-47.00%
XYLO	XYLO TECHNOLOGIES LTD	$4.98	-1.07%	-3.94%	-3.19%	-5.72%	24.09%	7.24%	-80.01%	-92.55%	N/A	$6.67	$2.70	25.36%	84.30%	0.80	2,700	145.45%
RBOT	VICARIOUS SURGICAL INC	$7.61	3.40%	-1.68%	5.84%	26.41%	-47.91%	10.13%	-91.76%	N/A	N/A	$19.00	$4.27	59.95%	78.22%	1.30	5,800	11.54%
VTAK	CATHETER PRECISION INC	$0.23	-2.92%	-6.80%	16.50%	-30.45%	-56.04%	-93.81%	-99.89%	-100.00%	N/A	$4.76	$0.17	95.10%	41.21%	1.06	737,000	-14.00%
NUWE	NUWELLIS INC	$0.20	-10.91%	-24.03%	-74.58%	-79.58%	-83.39%	-95.24%	-99.99%	-100.00%	-100.00%	$5.84	$0.19	96.64%	3.16%	0.89	2,246,000	-3.65%
SSKN	STRATA SKIN SCIENCES INC	$2.33	-9.69%	-0.43%	0.00%	-11.07%	-23.86%	-26.45%	-75.98%	-80.58%	-95.98%	$3.80	$2.10	38.68%	10.95%	0.36	30,200	-58.06%
MODD	MODULAR MEDICAL INC	$0.73	4.29%	12.48%	-16.76%	-24.97%	-49.66%	-47.86%	-86.28%	N/A	N/A	$2.65	$0.63	72.45%	15.87%	0.46	360,000	23.71%
XAIR	BEYOND AIR INC	$0.18	0.56%	9.82%	-4.79%	-26.94%	-50.28%	-69.71%	-97.88%	-97.46%	N/A	$0.68	$0.15	73.52%	17.76%	0.95	702,000	-23.45%
PAVM	PAVMED INC	$0.60	1.02%	-3.40%	-0.50%	-9.55%	-11.29%	-15.68%	-95.90%	-98.04%	N/A	$1.90	$0.55	68.58%	8.55%	1.29	19,900	-90.57%
NSYS	NORTECH SYSTEMS INC	$8.79	-7.38%	2.61%	-3.62%	-4.46%	-16.52%	-32.90%	-36.07%	105.66%	97.97%	$15.55	$7.25	43.47%	21.24%	0.35	51,500	730.65%
CTSO	CYTOSORBENTS CORP	$1.09	9.00%	-7.63%	9.00%	10.10%	16.33%	26.74%	-46.57%	-89.27%	-82.83%	$1.61	$0.71	32.30%	53.52%	0.86	202,000	-64.93%
AEMD	AETHLON MEDICAL INC	$1.24	0.00%	-36.08%	-55.73%	-55.62%	-80.63%	-61.27%	-98.47%	-99.18%	N/A	$8.44	$1.10	85.31%	12.73%	0.85	69,000	-51.75%
NXL	NEXALIN TECHNOLOGY INC	$0.96	-2.04%	-4.00%	-23.81%	-46.96%	-68.63%	-31.43%	N/A	N/A	N/A	$4.49	$0.59	78.62%	62.44%	1.12	33,800	9.03%
MOVE	MOVANO INC	$0.68	-1.31%	-5.03%	1.64%	-49.25%	-88.07%	-85.64%	-98.19%	N/A	N/A	$6.97	$0.51	90.24%	33.07%	0.92	21,200	-3.64%
HSCS	HEARTSCIENCES INC	$3.57	-5.56%	-7.03%	-9.39%	23.96%	-2.46%	-24.84%	-97.96%	N/A	N/A	$5.30	$2.36	32.63%	51.27%	0.30	50,400	154.55%
DHAI	DIH HOLDING US INC	$0.23	-5.65%	-9.30%	-2.50%	22.51%	-85.10%	-92.28%	-97.64%	N/A	N/A	$3.67	$0.12	93.62%	95.00%	0.41	547,000	24.89%
ICAD	ICAD INC	$3.76	0.53%	-2.59%	-3.59%	103.24%	82.52%	208.20%	-7.39%	-59.53%	2.17%	$4.02	$1.19	6.35%	215.97%	1.06	189,000	73.39%
INBS	INTELLIGENT BIO SOLUTIONS INC	$1.78	-2.73%	5.33%	11.25%	24.48%	20.27%	-3.26%	-98.89%	N/A	N/A	$3.00	$1.00	40.67%	78.00%	1.24	509,000	98.83%
ELUT	ELUTIA INC	$2.09	-3.24%	12.97%	7.73%	-28.18%	-39.42%	-52.28%	-68.57%	N/A	N/A	$5.12	$1.61	59.18%	29.81%	0.28	4,700	-87.63%
XTNT	XTANT MEDICAL HOLDINGS INC	$0.69	-0.43%	11.29%	2.22%	46.81%	30.93%	5.34%	40.82%	-29.74%	-98.17%	$0.83	$0.33	17.17%	108.46%	0.41	31,000	-22.50%
NSPR	INSPIREMD INC	$2.24	0.45%	-0.88%	-12.16%	-16.73%	-17.34%	-8.20%	10.34%	-68.76%	-100.00%	$3.80	$1.99	41.02%	12.56%	0.48	45,000	-66.91%
IRIX	IRIDEX CORP	$0.93	2.20%	4.97%	-3.13%	-2.11%	-47.46%	-55.07%	-65.04%	-57.92%	-88.85%	$2.41	$0.78	61.38%	18.93%	0.83	5,500	-94.39%
CODX	CO-DIAGNOSTICS INC	$0.28	-3.15%	3.75%	-2.46%	-14.24%	-64.49%	-78.36%	-95.47%	-98.47%	N/A	$2.23	$0.23	87.58%	21.49%	0.97	385,000	342.53%
LNSR	LENSAR INC	$13.16	0.53%	4.86%	-2.81%	-6.40%	52.14%	188.60%	106.59%	N/A	N/A	$17.31	$3.50	23.97%	276.00%	0.44	92,000	4.55%
BMRA	BIOMERICA INC	$3.27	1.24%	2.19%	2.83%	-24.02%	20.18%	-8.89%	-85.91%	-94.76%	N/A	$10.16	$1.93	67.81%	69.25%	0.80	32,000	-94.79%
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$9.40	-3.69%	-44.69%	-94.66%	-96.87%	-98.19%	-98.67%	-99.98%	-100.00%	-100.00%	$1.20k	$8.21	99.22%	14.49%	1.08	66,000	-69.59%
CV	CAPSOVISION INC	$4.40	25.71%	25.71%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$5.72	$3.49	23.08%	26.07%	N/A	6,734,000	79.05%
COCH	ENVOY MEDICAL INC	$1.57	4.67%	6.08%	1.29%	13.77%	1.29%	-32.91%	-83.98%	N/A	N/A	$3.99	$1.21	60.65%	29.75%	0.05	9,700	-14.16%
BBLG	BONE BIOLOGICS CORP	$3.49	-3.59%	-16.11%	-27.32%	-32.36%	-47.60%	-51.53%	-99.80%	-97.09%	N/A	$30.23	$3.35	88.45%	4.18%	0.92	131,000	-37.62%
APYX	APYX MEDICAL CORP	$2.29	6.51%	2.23%	41.36%	97.41%	37.95%	70.90%	-62.70%	-56.95%	-10.89%	$2.35	$0.76	2.55%	203.31%	1.27	78,500	165.20%
AMIX	AUTONOMIX MEDICAL INC	$1.42	-6.58%	13.60%	-11.25%	-14.97%	-59.08%	-88.93%	N/A	N/A	N/A	$42.40	$1.14	96.65%	24.56%	0.55	128,000	-71.56%
TELA	TELA BIO INC	$2.04	6.81%	10.27%	29.94%	74.36%	-29.90%	-53.10%	-73.12%	-85.34%	N/A	$5.18	$0.87	60.58%	135.84%	0.83	21,900	-84.90%
AIMD	AINOS INC	$3.29	3.13%	36.46%	2.17%	20.78%	24.34%	-30.00%	-98.48%	N/A	N/A	$5.00	$2.00	34.20%	64.50%	300.02	60,000	-68.42%
ADGM	ADAGIO MEDICAL HOLDINGS INC	$1.55	1.31%	23.41%	35.96%	95.95%	38.39%	-86.55%	-84.20%	N/A	N/A	$11.57	$0.63	86.60%	148.00%	0.03	49,700	-14.90%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Jul 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. Avanos Medical (NYSE:AVNS)

Avanos Medical (NYSE:AVNS) is the #1 top medical device stock out of 140 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 Avanos Medical (NYSE:AVNS) is: Value: B, Growth: B, Momentum: D, Sentiment: A, Safety: C, Financials: B, and AI: C.

Avanos Medical (NYSE:AVNS) 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 AVNS as a "A".

AVNS passed 7 out of 33 due diligence checks and has weak fundamentals. Avanos Medical has seen its stock lose -36.41% over the past year, underperforming other medical device stocks by -16 percentage points.

2. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) is the #2 top medical device stock out of 140 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: C, Sentiment: C, Safety: A, Financials: B, and AI: C.

Smith & Nephew (NYSE:SNN) has a Due Diligence Score of 45, which is 18 points higher than the medical device industry average of 27.

SNN passed 16 out of 38 due diligence checks and has strong fundamentals. Smith & Nephew has seen its stock return 20.49% over the past year, overperforming other medical device stocks by 41 percentage points.

Smith & Nephew has an average 1 year price target of $27.50, a downside of -9.18% from Smith & Nephew's current stock price of $30.28.

Smith & Nephew stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts 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.

3. Steris (NYSE:STE)

Steris (NYSE:STE) is the #3 top medical device stock out of 140 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: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: B.

Steris (NYSE:STE) has a Due Diligence Score of 34, which is 7 points higher than the medical device industry average of 27.

STE passed 14 out of 38 due diligence checks and has average fundamentals. Steris has seen its stock return 9.28% over the past year, overperforming other medical device stocks by 30 percentage points.

Steris has an average 1 year price target of $260.43, an upside of 9.63% from Steris's current stock price of $237.55.

Steris stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Steris, 42.86% have issued a Strong Buy rating, 28.57% have issued a Buy, 28.57% 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 2.48%, 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% nine 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 79.4% indicates that its dividend yield is sustainable for the long-term.

2. Medtronic (NYSE:MDT)

Medtronic (NYSE:MDT) has an annual dividend yield of 1.58%, which is 1 percentage points higher than the medical device industry average of 1.02%. Medtronic's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Medtronic's dividend has shown consistent growth over the last 10 years.

Medtronic's dividend payout ratio of 77.1% 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 1.26%, 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 21.9% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks up?

Medical device stocks were up 0.2% in the last day, and up 0.36% over the last week.

We couldn't find a catalyst for why medical device stocks are up.

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 -13.27% in the past year. It has overperformed other stocks in the medical device industry by 7 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 43, which is 29 points higher than the medical device industry average of 14. It passed 3 out of 7 valuation due diligence checks.

Conmed's stock has dropped -19.52% in the past year. It has overperformed 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 57 points higher than the medical device industry average of 14. It passed 5 out of 7 valuation due diligence checks.

Adapthealth's stock has dropped -3.92% in the past year. It has overperformed other stocks in the medical device industry by 16 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 29.58% over the next year.

7.55% of medical device stocks have a Zen Rating of A (Strong Buy), 10.38% of medical device stocks are rated B (Buy), 58.49% are rated C (Hold), 18.87% are rated D (Sell), and 4.72% 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 36.28x.

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. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Steris (NYSE:STE)

1. Smith & Nephew (NYSE:SNN)

2. Medtronic (NYSE:MDT)

3. Abbott Laboratories (NYSE:ABT)

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. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Steris (NYSE:STE)

1. Smith & Nephew (NYSE:SNN)

2. Medtronic (NYSE:MDT)

3. Abbott Laboratories (NYSE:ABT)

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.