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 87th 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 %
HSCS	HEARTSCIENCES INC	$3.05	-2.24%	-22.59%	-21.79%	-12.36%	-4.69%	-21.59%	-98.06%	N/A	N/A	$6.47	$2.36	52.86%	29.24%	0.33	69,000	11.29%
AMIX	AUTONOMIX MEDICAL INC	$1.39	-3.47%	0.00%	-2.11%	-39.30%	-48.52%	-93.25%	N/A	N/A	N/A	$21.49	$1.14	93.53%	21.93%	0.58	204,000	-57.59%
PROF	PROFOUND MEDICAL CORP	$5.50	-0.90%	-3.17%	-9.87%	13.87%	-13.11%	-48.11%	-38.06%	-65.75%	N/A	$10.26	$3.90	46.37%	41.21%	0.98	19,800	-45.00%
LFWD	LIFEWARD LTD	$0.70	-1.00%	-10.19%	9.61%	-49.93%	-47.67%	-84.26%	-90.03%	-92.23%	-99.96%	$4.29	$0.50	83.78%	38.92%	0.94	218,000	-48.95%
LUCD	LUCID DIAGNOSTICS INC	$1.00	2.15%	-9.91%	-9.09%	-22.48%	9.89%	25.00%	-66.10%	N/A	N/A	$1.80	$0.72	44.44%	38.89%	0.78	729,000	-33.12%
IVF	INVO FERTILITY INC	$1.84	1.10%	-17.86%	-27.42%	-67.38%	-88.89%	-94.12%	-99.73%	N/A	N/A	$51.12	$1.61	96.40%	14.29%	1.02	874,000	5.30%
TELA	TELA BIO INC	$1.86	9.41%	-3.13%	-4.62%	86.00%	-30.34%	-57.44%	-76.75%	-84.70%	N/A	$4.30	$0.87	56.74%	115.03%	0.81	96,000	-15.04%
VTAK	CATHETER PRECISION INC	$0.17	6.25%	-22.73%	-26.09%	-36.80%	-56.41%	-89.51%	-99.79%	-100.00%	N/A	$2.49	$0.15	93.17%	13.33%	1.06	1,253,000	-19.68%
ELUT	ELUTIA INC	$2.04	0.49%	6.25%	-4.23%	-7.69%	-26.09%	-40.35%	-68.85%	N/A	N/A	$5.12	$1.61	60.16%	26.71%	0.28	15,300	750.00%
SINT	SINTX TECHNOLOGIES INC	$2.40	-4.00%	-14.29%	-24.76%	-10.78%	-22.08%	-50.31%	-99.98%	-99.99%	-100.00%	$8.60	$1.71	72.08%	40.35%	1.39	67,000	71.79%
COCH	ENVOY MEDICAL INC	$1.45	-1.03%	-7.37%	-3.02%	4.71%	-13.47%	-37.17%	-85.29%	N/A	N/A	$3.99	$1.21	63.78%	19.42%	0.06	4,300	-73.62%
VERO	VENUS CONCEPT INC	$2.52	0.00%	-2.33%	-3.82%	5.44%	-31.82%	-66.21%	-97.31%	-99.49%	N/A	$14.50	$2.10	82.62%	20.00%	2.62	39,000	-3.23%
XTNT	XTANT MEDICAL HOLDINGS INC	$0.56	-2.27%	-9.68%	-22.22%	19.40%	-6.67%	-18.72%	9.80%	-53.33%	-98.70%	$0.78	$0.33	28.21%	69.18%	0.42	15,700	-7.65%
XYLO	XYLO TECHNOLOGIES LTD	$5.10	0.00%	0.20%	0.99%	-3.95%	8.74%	-13.85%	-77.69%	-92.23%	-99.93%	$5.85	$2.70	12.82%	88.89%	0.81	0	-100.00%
BMRA	BIOMERICA INC	$3.23	-0.25%	-17.34%	4.94%	-10.22%	-14.13%	34.72%	-85.47%	-95.63%	N/A	$10.16	$1.93	68.19%	67.29%	0.79	40,500	-38.64%
ZIMV	ZIMVIE INC	$18.76	-0.16%	0.21%	90.65%	107.52%	36.54%	-8.04%	-3.79%	N/A	N/A	$18.98	$8.15	1.16%	130.18%	1.29	514,000	-49.51%
CTSO	CYTOSORBENTS CORP	$0.87	2.24%	-7.94%	-32.64%	-13.96%	-13.10%	-24.43%	-61.72%	-90.90%	-86.86%	$1.61	$0.71	46.02%	22.39%	0.86	4,634,000	3,073.97%
AEMD	AETHLON MEDICAL INC	$1.16	-2.52%	-12.78%	-1.69%	-61.75%	-78.30%	-56.33%	-98.95%	-99.29%	-99.99%	$8.44	$1.10	86.26%	5.45%	0.85	67,300	79.95%
TIVC	TIVIC HEALTH SYSTEMS INC	$3.22	-6.67%	-22.97%	-18.48%	-28.29%	-23.62%	-71.38%	-99.92%	N/A	N/A	$15.64	$2.43	79.41%	32.51%	0.99	34,700	27.57%
LNSR	LENSAR INC	$12.61	-2.17%	-3.37%	-1.41%	-9.86%	18.40%	142.50%	96.82%	N/A	N/A	$17.31	$3.50	27.15%	260.29%	0.44	63,000	-3.82%
PAVM	PAVMED INC	$0.53	-8.85%	-9.79%	-14.77%	-35.98%	-20.45%	-34.54%	-97.46%	-98.26%	N/A	$1.90	$0.51	72.37%	2.34%	1.30	186,000	200.00%
DHAI	DIH HOLDING US INC	$0.25	10.18%	-7.43%	-1.58%	29.02%	-69.63%	-91.50%	-97.50%	N/A	N/A	$2.93	$0.12	91.50%	107.50%	0.41	3,978,000	578.84%
PFSA	PROFUSA INC	$0.59	-16.14%	-13.68%	-95.15%	-95.15%	-94.99%	-94.90%	-94.07%	N/A	N/A	$12.76	$0.51	95.40%	15.10%	0.07	1,798,000	29.26%
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.76	-3.07%	-14.54%	8.29%	22.65%	-29.81%	5.42%	-36.83%	-85.56%	N/A	$1.39	$0.40	45.47%	91.90%	0.77	257,000	57.67%
SSKN	STRATA SKIN SCIENCES INC	$1.95	0.00%	-0.51%	-18.07%	-27.78%	-31.10%	-45.38%	-80.69%	-84.02%	-96.58%	$3.79	$1.86	48.55%	4.84%	0.35	7,800	-45.45%
NSPR	INSPIREMD INC	$2.69	-3.58%	10.70%	20.63%	3.46%	7.60%	-7.56%	51.98%	-61.18%	-100.00%	$3.80	$1.99	29.17%	35.18%	0.48	95,500	-89.26%
MOVE	MOVANO INC	$0.63	-3.22%	-18.05%	-6.10%	-26.63%	-87.41%	-88.63%	-98.44%	N/A	N/A	$6.97	$0.51	90.94%	23.48%	0.92	18,000	-75.00%
BJDX	BLUEJAY DIAGNOSTICS INC	$1.50	0.00%	-3.85%	-9.64%	-27.54%	-58.22%	-94.00%	-99.98%	N/A	N/A	$31.00	$1.46	95.16%	2.74%	0.65	15,000	-43.18%
MODD	MODULAR MEDICAL INC	$0.72	-0.56%	0.14%	0.99%	-30.58%	-43.70%	-52.96%	-83.79%	N/A	N/A	$2.65	$0.63	73.02%	13.49%	0.46	40,000	-78.14%
APYX	APYX MEDICAL CORP	$1.75	-8.38%	-31.10%	-21.88%	63.55%	23.24%	32.58%	-81.30%	-62.37%	-15.05%	$2.73	$0.76	35.90%	131.79%	1.28	118,000	237.14%
MGRM	MONOGRAM TECHNOLOGIES INC	$5.39	0.56%	-5.11%	88.46%	87.15%	92.50%	128.39%	N/A	N/A	N/A	$6.02	$1.92	10.47%	181.02%	1.13	231,000	-53.14%
NXL	NEXALIN TECHNOLOGY INC	$0.99	-1.10%	-14.74%	-0.10%	-44.75%	-67.68%	-13.25%	N/A	N/A	N/A	$4.49	$0.59	77.97%	67.34%	1.13	19,800	-72.50%
NSYS	NORTECH SYSTEMS INC	$8.20	0.31%	-3.70%	-10.73%	-3.93%	-18.05%	-42.89%	-21.35%	81.79%	82.52%	$14.49	$7.25	43.44%	13.03%	0.34	2,500	56.25%
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$0.78	-0.26%	-6.40%	9.15%	89.02%	-65.86%	N/A	N/A	N/A	N/A	$8.45	$0.36	90.82%	114.68%	0.86	44,300	-48.49%
AIMD	AINOS INC	$2.46	-5.38%	-4.65%	-7.87%	-9.72%	-22.52%	-25.34%	-99.18%	N/A	N/A	$5.00	$2.00	50.80%	23.00%	298.94	33,600	-58.00%
SENS	SENSEONICS HOLDINGS INC	$0.49	0.82%	-11.57%	2.73%	-32.37%	-45.36%	21.04%	-61.50%	7.00%	N/A	$1.40	$0.25	65.07%	95.60%	1.79	3,417,000	-27.74%
IRIX	IRIDEX CORP	$1.28	-3.03%	-9.22%	43.82%	8.47%	-21.95%	-36.32%	-57.33%	-38.16%	-81.71%	$2.14	$0.78	40.19%	63.68%	0.85	50,000	-66.67%
CODX	CO-DIAGNOSTICS INC	$0.25	-4.25%	-11.43%	-10.79%	-32.05%	-66.26%	-77.66%	-96.25%	-99.19%	N/A	$2.23	$0.23	88.88%	8.77%	0.96	1,055,000	66.40%
RBOT	VICARIOUS SURGICAL INC	$8.67	-2.14%	-22.73%	18.28%	9.06%	-36.72%	35.89%	-92.86%	-97.11%	N/A	$19.00	$4.27	54.37%	103.04%	1.30	22,800	75.38%
ADGM	ADAGIO MEDICAL HOLDINGS INC	$1.26	-4.55%	-26.74%	-6.67%	0.00%	1.61%	-86.08%	-87.23%	N/A	N/A	$6.78	$0.63	81.42%	101.60%	0.04	9,800	127.91%

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Aug 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: F, Sentiment: A, Safety: C, Financials: B, and AI: B.

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 -53.77% over the past year, underperforming other medical device stocks by -30 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 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 0.23% over the past year, overperforming other medical device stocks by 24 percentage points.

Smith & Nephew has an average 1 year price target of $27.50, a downside of -10.8% from Smith & Nephew's current stock price of $30.83.

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. Electromed (NYSEMKT:ELMD)

Electromed (NYSEMKT:ELMD) 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 Electromed (NYSEMKT:ELMD) is: Value: B, Growth: C, Momentum: D, Sentiment: B, Safety: A, Financials: A, and AI: B.

Electromed (NYSEMKT:ELMD) has a Due Diligence Score of 47, which is 20 points higher than the medical device industry average of 27.

ELMD passed 15 out of 33 due diligence checks and has strong fundamentals. Electromed has seen its stock return 18.26% over the past year, overperforming other medical device stocks by 42 percentage points.

Electromed has an average 1 year price target of $29.00, an upside of 59.96% from Electromed's current stock price of $18.13.

Electromed stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Electromed, 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 7 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 2.43%, which is 1 percentage points higher than the medical device industry average of 1.13%. 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. Abbott Laboratories (NYSE:ABT)

Abbott Laboratories (NYSE:ABT) has an annual dividend yield of 1.36%, which is the same as the medical device industry average of 1.13%. 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 1.15%, which is the same as the medical device industry average of 1.13%. 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 1.1% in the last day, and down -4.02% over the last week. Tenon Medical was the among the top gainers in the medical devices industry, gaining 43.14% yesterday.

Tenon Medical shares are trading higher after the company announced the acquisition of sacroiliac joint‑specific assets from SiVantage.

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 -17.08% in the past year. It has overperformed other stocks in the medical device industry by 7 percentage points.

2. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) 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.

Tactile Systems Technology 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.

Tactile Systems Technology's stock has dropped -22.43% in the past year. It has overperformed other stocks in the medical device industry by 2 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 -21.24% in the past year. It has overperformed other stocks in the medical device industry by 3 percentage points.

Are medical device stocks a good buy now?

55.24% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 34.31% over the next year.

4.72% of medical device stocks have a Zen Rating of A (Strong Buy), 15.09% of medical device stocks are rated B (Buy), 50.94% are rated C (Hold), 26.42% are rated D (Sell), and 2.83% 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 31.04x.

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. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

1. Inmode (NASDAQ:INMD)

2. Tactile Systems Technology (NASDAQ:TCMD)

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. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

1. Inmode (NASDAQ:INMD)

2. Tactile Systems Technology (NASDAQ:TCMD)

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.