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

Overview Zen Rating Price Value Growth Financials Momentum

Sentiment Forecast Dividends Due Diligence

Medical Devices is Zen Rated D and is the 93rd ranked industry out of 145 stock market industries

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$24.86	607,000	-19.92%	18.66	16.68	15.03	13.02	13.15	90.85	95.55	88.42	94.71	97.22	2.26	1.17	1.08	1.07
BVS	BIOVENTUS INC	$7.45	440,000	-26.42%	7.02	6.95	6.94	6.90	7.69	60.30	53.22	49.02	84.85	78.60	0.12	0.04	0.08	1.20
STE	STERIS PLC	$263.77	897,000	-44.32%	243.70	241.84	243.97	239.88	233.94	77.07	87.54	78.10	100.00	92.84	2.47	-0.11	2.57	0.76
ELMD	ELECTROMED INC	$24.17	30,000	-23.08%	24.39	24.50	24.53	22.17	23.49	47.69	56.97	69.33	44.56	62.42	0.06	0.10	-0.04	0.49
AVNS	AVANOS MEDICAL INC	$11.23	501,000	-36.98%	11.25	11.37	11.68	11.65	12.82	47.03	19.07	19.07	38.37	28.29	-0.13	-0.10	-0.03	0.91
SNN	SMITH & NEPHEW PLC	$33.23	1,004,000	-39.41%	35.78	35.95	36.45	34.53	31.11	33.67	31.06	48.70	25.12	45.28	-0.39	-0.07	-0.32	0.71
LIVN	LIVANOVA PLC	$50.45	662,000	18.00%	52.43	53.15	54.02	50.66	46.40	39.30	14.07	22.80	7.08	16.94	-0.62	-0.21	-0.41	0.91
DXCM	DEXCOM INC	$55.00	10,937,000	21.75%	62.84	65.42	69.24	75.78	77.58	26.12	11.03	18.37	13.00	20.03	-3.09	-1.96	-1.13	1.17
GMED	GLOBUS MEDICAL INC	$83.89	11,939,000	353.95%	63.86	62.12	59.81	58.67	65.67	86.84	64.33	56.25	56.50	41.22	2.48	1.16	1.33	0.98
AXGN	AXOGEN INC	$23.57	960,000	37.73%	22.10	19.53	17.89	15.37	15.54	74.87	92.20	94.18	81.71	88.56	1.87	1.38	0.49	1.26
IRMD	IRADIMED CORP	$84.33	43,500	-53.48%	81.38	78.31	74.36	68.92	61.87	65.34	77.51	83.16	66.42	78.99	3.11	2.44	0.67	0.86
AORT	ARTIVION INC	$44.87	585,000	-20.84%	45.63	43.92	42.45	38.61	32.72	56.18	79.08	86.00	66.67	86.61	1.29	1.13	0.16	1.05
ALGN	ALIGN TECHNOLOGY INC	$134.84	810,000	-18.35%	135.70	134.15	132.60	152.33	167.10	50.85	24.70	30.74	36.26	50.94	0.82	0.68	0.15	1.57
PODD	INSULET CORP	$319.82	677,000	-54.81%	318.80	319.88	325.06	314.19	296.52	49.93	53.55	44.22	45.81	43.32	-0.58	-0.73	0.15	1.12
VMD	VIEMED HEALTHCARE INC	$6.37	158,000	-40.60%	6.54	6.69	6.76	6.77	7.00	38.49	23.57	23.30	14.29	21.27	-0.12	-0.07	-0.05	0.67
MASI	MASIMO CORP	$143.16	586,000	-5.64%	144.26	145.99	145.03	151.31	158.65	46.03	23.46	37.67	43.31	57.04	-0.76	-0.40	-0.36	1.11
ANIK	ANIKA THERAPEUTICS INC	$9.85	106,000	-31.17%	9.76	9.59	9.24	9.64	12.16	58.00	42.34	53.33	34.10	37.44	0.16	0.16	0.00	0.82
AHCO	ADAPTHEALTH CORP	$9.50	844,000	-24.78%	9.52	9.38	9.20	9.24	9.31	51.69	53.71	66.35	44.92	59.90	0.17	0.12	0.05	1.08
ATEC	ALPHATEC HOLDINGS INC	$19.80	2,364,000	-10.59%	18.28	16.58	15.63	14.21	12.70	80.37	91.20	90.12	91.71	95.56	1.32	0.91	0.41	1.21
EW	EDWARDS LIFESCIENCES CORP	$83.39	3,160,000	0.70%	82.75	78.74	77.76	77.93	75.50	66.18	67.98	71.20	64.07	74.72	1.97	1.47	0.50	0.86
VREX	VAREX IMAGING CORP	$11.97	209,000	29.81%	11.95	11.80	11.77	10.29	10.34	53.63	48.81	48.41	22.14	19.76	0.09	0.10	-0.01	1.09
BSX	BOSTON SCIENTIFIC CORP	$100.02	7,046,000	3.47%	100.04	99.70	100.11	102.25	101.84	51.50	23.03	21.37	14.08	7.92	0.06	0.14	-0.08	0.73
BWAY	BRAINSWAY LTD	$15.59	75,000	-16.67%	16.57	16.29	15.81	14.28	12.07	43.80	17.90	34.11	0.00	10.00	0.19	0.34	-0.15	0.83
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$12.04	1,412,000	4.67%	12.82	13.96	14.38	13.66	16.29	38.34	12.16	8.76	9.57	3.91	-0.81	-0.42	-0.39	1.03
SYK	STRYKER CORP	$356.03	1,522,000	-44.29%	364.27	370.26	374.70	381.65	379.51	37.71	12.42	13.98	9.29	12.15	-4.92	-2.78	-2.14	0.88
TMDX	TRANSMEDICS GROUP INC	$119.17	961,000	50.16%	127.94	123.36	117.77	119.05	104.46	45.62	31.00	37.51	9.73	10.60	2.09	3.00	-0.91	1.62
BIO	BIO-RAD LABORATORIES INC	$305.56	136,000	0.74%	315.47	317.86	299.81	280.90	270.32	46.51	20.39	24.27	5.09	8.75	2.67	6.23	-3.56	0.95
CERS	CERUS CORP	$1.71	3,343,000	239.74%	1.49	1.53	1.47	1.41	1.44	62.39	41.87	28.15	46.26	34.74	0.00	0.00	0.00	1.76
SNWV	SANUWAVE HEALTH INC	$31.08	217,000	28.40%	28.87	30.56	33.82	35.23	N/A	49.88	32.11	14.46	33.33	11.86	-1.74	-1.72	-0.02	0.73
ZBH	ZIMMER BIOMET HOLDINGS INC	$88.50	2,628,000	-41.38%	97.17	99.10	100.15	98.44	100.18	30.69	12.53	23.17	4.51	19.11	-2.13	-0.61	-1.52	0.66
PHG	KONINKLIJKE PHILIPS NV	$28.17	696,000	-40.21%	27.81	28.03	27.87	26.74	25.92	53.18	64.24	59.56	50.26	42.74	0.04	0.05	-0.01	0.91
MDT	MEDTRONIC PLC	$92.20	7,521,000	37.70%	91.40	93.39	94.20	92.15	89.88	44.98	22.52	17.89	24.59	11.40	-1.19	-0.87	-0.32	0.59
IRTC	IRHYTHM TECHNOLOGIES INC	$174.60	366,000	-2.40%	182.07	180.68	178.10	163.97	140.79	42.46	11.23	16.41	0.00	8.50	0.99	2.00	-1.01	1.27
CNMD	CONMED CORP	$43.97	568,000	-33.10%	45.31	45.83	48.23	50.21	54.56	38.92	27.86	29.94	17.52	25.69	-0.93	-0.81	-0.12	1.10
DCTH	DELCATH SYSTEMS INC	$8.64	1,109,000	-2.72%	9.37	10.29	10.74	11.17	12.68	30.51	6.73	7.01	0.00	1.26	-0.61	-0.41	-0.19	0.90
ITGR	INTEGER HOLDINGS CORP	$68.26	717,000	-24.13%	67.00	82.95	95.48	104.16	113.93	28.04	11.18	11.41	21.69	20.32	-9.81	-8.90	-0.91	0.93
GKOS	GLAUKOS CORP	$83.86	843,000	67.93%	82.98	81.91	84.41	90.03	99.24	51.41	34.32	37.99	64.72	72.65	0.01	-0.64	0.65	1.20
NPCE	NEUROPACE INC	$13.12	291,000	-7.32%	10.88	10.78	10.37	9.90	11.29	70.73	81.48	57.03	97.32	65.06	0.43	0.16	0.27	0.92
SIBN	SI-BONE INC	$15.77	672,000	57.01%	15.34	15.29	15.23	16.10	16.24	57.39	61.95	54.62	62.27	52.16	0.07	0.04	0.03	1.20
PEN	PENUMBRA INC	$266.19	636,000	-42.75%	239.34	245.60	255.77	251.43	263.10	61.47	61.68	41.85	75.89	55.12	-2.27	-4.64	2.37	1.01
INSP	INSPIRE MEDICAL SYSTEMS INC	$81.79	762,000	-52.32%	78.28	78.82	79.65	97.13	129.26	54.13	63.13	61.44	82.55	80.76	0.24	-0.66	0.90	1.31
CTKB	CYTEK BIOSCIENCES INC	$4.62	1,612,000	-13.93%	4.11	4.09	3.94	3.79	3.91	67.81	62.43	47.74	80.30	54.04	0.10	0.06	0.04	1.43
ABT	ABBOTT LABORATORIES	$126.36	5,458,000	15.78%	125.20	127.02	130.79	130.88	131.09	44.82	39.88	33.69	76.59	66.63	-1.82	-1.87	0.05	0.55
NVCR	NOVOCURE LTD	$10.92	2,235,000	82.90%	12.41	13.13	13.07	13.69	16.43	25.68	5.30	5.25	0.00	0.00	-0.53	-0.20	-0.33	1.41
INGN	INOGEN INC	$6.99	178,000	-55.50%	7.97	8.26	8.34	7.67	7.76	26.41	4.97	7.16	0.00	0.69	-0.26	-0.07	-0.19	1.21
SRDX	SURMODICS INC	$26.79	157,000	-1.26%	27.29	27.57	29.79	31.53	30.99	36.32	37.17	45.54	50.31	60.98	-0.77	-0.85	0.08	0.84
SGHT	SIGHT SCIENCES INC	$5.82	286,000	157.66%	5.15	4.76	4.02	3.94	3.46	77.95	79.45	79.29	33.84	33.93	0.41	0.38	0.03	1.76
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.69	335,000	191.30%	0.77	0.80	0.86	0.82	0.81	30.06	14.48	12.97	6.21	7.92	-0.05	-0.03	-0.01	0.84
OFIX	ORTHOFIX MEDICAL INC	$14.96	275,000	22.22%	15.39	15.40	14.92	13.49	14.18	47.76	12.30	18.20	6.18	8.85	0.09	0.23	-0.14	0.98
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.76	8,353,000	-59.89%	2.00	1.90	1.55	1.46	1.37	48.43	23.40	38.21	0.00	6.19	0.11	0.15	-0.04	2.50
QDEL	QUIDELORTHO CORP	$20.35	3,301,000	-39.34%	26.32	27.43	28.14	27.58	30.96	25.03	9.67	17.45	6.83	12.75	-1.23	-0.40	-0.83	0.90
QIPT	QUIPT HOME MEDICAL CORP	$2.47	459,000	142.86%	2.41	2.47	2.57	2.33	2.31	49.86	29.59	20.41	32.11	20.86	-0.05	-0.04	-0.01	0.56
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$65.00	1,049,000	-21.77%	54.20	50.67	44.13	42.61	38.98	80.39	95.40	78.43	100.00	71.55	4.59	3.16	1.43	1.63
OM	OUTSET MEDICAL INC	$12.06	156,000	7.59%	13.00	13.60	13.98	15.39	14.35	37.17	6.63	7.26	4.80	6.27	-0.54	-0.30	-0.24	1.43
INMD	INMODE LTD	$14.45	478,000	-34.16%	14.81	15.15	15.06	14.72	15.59	38.54	18.13	15.78	0.32	0.11	-0.18	-0.06	-0.12	1.67
SSII	SS INNOVATIONS INTERNATIONAL INC	$6.81	72,000	-56.36%	7.88	8.49	7.20	6.82	N/A	37.98	9.29	8.03	0.00	0.00	-0.01	0.30	-0.31	-0.25
HIND	VYOME HOLDINGS INC	$5.51	30,500	32.61%	5.77	5.55	6.12	8.27	51.78	44.58	40.11	56.57	34.70	59.11	-0.08	-0.18	0.09	0.89
PMI	PICARD MEDICAL INC	$3.04	177,000	-49.57%	3.36	6.98	7.41	N/A	N/A	31.69	5.39	4.85	6.25	5.08	-1.57	-1.02	-0.55	-1.18
CBLL	CERIBELL INC	$11.98	320,000	-32.35%	11.81	12.30	12.07	13.57	16.42	48.71	30.68	21.20	43.90	28.37	-0.20	-0.10	-0.10	1.58
BRKR	BRUKER CORP	$39.93	2,322,000	-11.10%	38.90	38.38	35.02	36.53	40.05	59.95	74.77	75.43	61.85	65.98	1.23	1.22	0.01	1.09
BFLY	BUTTERFLY NETWORK INC	$2.23	4,295,000	-11.57%	2.38	2.32	2.07	1.90	2.38	48.75	27.36	42.45	25.13	44.40	0.09	0.10	-0.02	2.25
SRTS	SENSUS HEALTHCARE INC	$4.20	265,000	-11.37%	3.41	3.34	3.28	3.83	4.44	72.11	63.23	46.75	89.56	81.93	0.10	0.02	0.08	0.94
NXL	NEXALIN TECHNOLOGY INC	$1.31	251,000	-7.72%	1.43	1.44	1.15	1.07	1.54	48.57	14.54	18.51	6.90	2.30	0.05	0.09	-0.05	1.35
CLPT	CLEARPOINT NEURO INC	$15.81	2,049,000	17.02%	21.10	23.27	19.32	15.23	14.61	34.03	13.79	16.00	4.35	2.90	-0.96	0.46	-1.41	1.81
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$0.97	299,000	-61.62%	0.97	1.04	1.14	1.17	0.94	41.99	37.68	25.68	65.34	38.98	-0.06	-0.06	-0.00	1.16
LUCD	LUCID DIAGNOSTICS INC	$1.08	436,000	-16.79%	1.18	1.20	1.15	1.12	1.21	39.90	9.34	13.21	1.99	1.58	-0.01	0.02	-0.02	0.81
UFPT	UFP TECHNOLOGIES INC	$226.11	102,000	-19.05%	207.07	202.79	201.03	216.33	223.11	63.37	55.37	55.77	83.31	87.94	5.59	1.66	3.93	0.91
HYPR	HYPERFINE INC	$1.07	364,000	16.67%	1.13	1.33	1.40	1.20	1.03	38.75	16.67	12.68	50.17	36.39	-0.12	-0.09	-0.03	1.22
AIMD	AINOS INC	$2.67	72,000	166.67%	3.30	3.59	3.60	3.30	3.07	26.84	9.28	11.04	0.00	1.70	-0.19	-0.08	-0.10	292.16
MASS	908 DEVICES INC	$7.38	519,000	38.40%	7.86	8.17	7.59	7.15	5.73	41.09	19.04	22.93	18.56	21.78	-0.06	0.06	-0.13	1.77
NUWE	NUWELLIS INC	$2.87	38,000	75.12%	2.99	3.16	3.66	6.18	24.10	40.68	15.48	11.61	36.99	32.42	-0.28	-0.29	0.01	0.90
BBNX	BETA BIONICS INC	$26.30	616,000	-10.98%	26.22	23.59	22.68	18.96	N/A	61.04	58.94	64.67	58.02	73.45	1.46	1.20	0.26	1.88
TNDM	TANDEM DIABETES CARE INC	$16.26	6,035,000	114.39%	14.76	14.81	13.68	14.34	18.77	60.16	45.13	44.05	42.39	38.30	0.29	0.34	-0.05	1.34
RPID	RAPID MICRO BIOSYSTEMS INC	$3.10	127,000	309.68%	2.88	2.96	3.06	3.17	2.95	52.75	45.60	27.76	73.95	51.60	-0.09	-0.09	0.00	1.23
ECOR	ELECTROCORE INC	$5.83	309,000	-21.57%	5.12	5.05	5.03	5.57	7.49	65.86	66.86	57.54	66.30	56.51	0.09	-0.00	0.09	0.81
SI	SHOULDER INNOVATIONS INC	$11.05	39,000	35.89%	11.58	12.00	13.12	N/A	N/A	33.62	6.19	5.96	7.77	6.73	-0.49	-0.41	-0.07	0.91
ELUT	ELUTIA INC	$0.90	241,000	55.48%	0.92	0.91	1.11	1.59	2.02	36.07	53.00	59.59	77.63	86.78	-0.05	-0.07	0.02	0.27
LUNG	PULMONX CORP	$1.92	947,000	-14.76%	1.82	1.71	1.70	2.03	3.80	56.74	20.26	17.72	49.88	46.32	0.04	0.02	0.02	1.42
ARAY	ACCURAY INC	$1.17	1,426,000	-57.11%	1.39	1.53	1.59	1.49	1.63	27.78	16.66	13.66	15.69	18.01	-0.10	-0.06	-0.04	1.48
TNON	TENON MEDICAL INC	$1.16	106,000	21.84%	1.19	1.20	1.20	1.19	1.24	44.49	15.31	17.07	13.30	16.54	-0.01	-0.01	-0.01	0.99
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$5.50	356,000	-43.13%	5.80	7.78	11.36	9.96	143.84	35.60	24.86	13.41	73.29	44.09	-2.15	-2.06	-0.09	1.27
PRCT	PROCEPT BIOROBOTICS CORP	$31.92	3,164,000	65.14%	34.20	34.18	36.02	43.53	51.82	37.83	14.63	23.42	6.07	21.60	-0.99	-0.77	-0.22	1.28
SENS	SENSEONICS HOLDINGS INC	$6.01	720,000	17.26%	6.87	7.44	8.43	9.20	11.78	30.19	12.50	10.76	5.75	10.67	-0.65	-0.55	-0.10	1.90
SINT	SINTX TECHNOLOGIES INC	$3.27	50,000	35.87%	3.37	3.58	4.08	3.57	3.26	41.92	34.37	28.83	75.70	65.05	-0.21	-0.20	-0.01	1.44
DHAI	DIH HOLDING US INC	$0.66	204,000	-91.15%	1.84	2.66	4.16	5.27	6.95	19.39	5.08	4.15	9.43	9.43	-0.94	-0.80	-0.14	0.57
RXST	RXSIGHT INC	$9.37	1,008,000	-43.08%	8.73	8.50	8.78	9.05	15.28	59.61	44.01	53.96	47.29	52.19	0.07	-0.01	0.08	1.25
XAIR	BEYOND AIR INC	$1.76	312,000	-16.58%	1.95	2.17	2.31	2.71	3.96	33.53	17.09	15.80	5.85	4.36	-0.17	-0.13	-0.04	1.01
TMCI	TREACE MEDICAL CONCEPTS INC	$4.47	6,683,000	1,064.29%	6.30	6.42	6.65	6.41	7.11	20.46	24.15	30.83	0.00	11.96	-0.21	-0.06	-0.15	1.28
SSKN	STRATA SKIN SCIENCES INC	$1.64	129,000	11.21%	1.73	1.78	1.84	1.96	2.29	44.74	16.23	19.44	12.22	18.44	-0.06	-0.04	-0.01	0.25
KIDS	ORTHOPEDIATRICS CORP	$17.01	175,000	26.81%	16.64	17.10	18.38	19.72	21.37	46.04	20.82	15.99	46.99	31.92	-0.50	-0.55	0.05	1.20
STEX	STREAMEX CORP	$4.49	970,000	-9.18%	4.70	5.00	5.29	5.53	3.74	40.88	20.40	16.38	23.46	19.85	-0.23	-0.20	-0.03	1.14
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.07	402,000	25.23%	1.27	1.41	1.93	2.51	3.94	20.11	6.45	5.97	2.05	5.72	-0.22	-0.21	-0.01	-0.10
BJDX	BLUEJAY DIAGNOSTICS INC	$1.57	144,000	161.82%	1.94	2.35	1.93	1.73	2.32	36.05	8.25	6.59	0.00	0.27	-0.12	0.02	-0.13	0.56
RBOT	VICARIOUS SURGICAL INC	$4.37	53,000	1.92%	5.05	5.52	5.80	7.13	8.05	32.14	4.84	4.46	1.21	0.40	-0.44	-0.30	-0.14	1.43
NNOX	NANO-X IMAGING LTD	$3.05	2,152,000	103.40%	3.51	3.81	3.87	4.34	5.02	27.55	6.49	3.78	0.59	0.59	-0.22	-0.12	-0.10	1.84
COCH	ENVOY MEDICAL INC	$0.70	297,000	73.68%	0.76	0.81	0.98	1.22	1.34	38.67	10.38	13.08	4.41	7.41	-0.07	-0.07	-0.00	0.03
TLSI	TRISALUS LIFE SCIENCES INC	$4.39	65,000	-41.96%	4.67	4.80	4.79	4.75	5.08	36.96	10.09	16.88	0.00	2.18	-0.07	-0.01	-0.07	0.18
NVNO	ENVVENO MEDICAL CORP	$0.65	167,000	27.48%	0.69	0.72	0.81	2.41	2.81	29.11	26.07	27.20	73.02	64.98	-0.10	-0.12	0.02	1.05
AEMD	AETHLON MEDICAL INC	$4.19	21,600	-24.74%	4.95	5.36	7.14	10.28	22.81	29.99	7.46	7.58	8.68	17.59	-0.86	-0.87	0.01	0.83
QTRX	QUANTERIX CORP	$4.94	429,000	42.05%	5.23	5.54	5.32	5.48	6.01	37.60	10.82	16.71	11.07	18.45	-0.13	-0.04	-0.09	1.92

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. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) 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 Tactile Systems Technology (NASDAQ:TCMD) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.

Tactile Systems Technology (NASDAQ:TCMD) has a Due Diligence Score of 48, which is 20 points higher than the medical device industry average of 28.

TCMD passed 15 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 62.96% over the past year, overperforming other medical device stocks by 100 percentage points.

Tactile Systems Technology has an average 1 year price target of $23.25, a downside of -6.48% from Tactile Systems Technology's current stock price of $24.86.

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. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) 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 Bioventus (NASDAQ:BVS) is: Value: A, Growth: B, Momentum: D, Sentiment: C, Safety: B, Financials: B, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 36, which is 8 points higher than the medical device industry average of 28.

BVS passed 12 out of 33 due diligence checks and has average fundamentals. Bioventus has seen its stock lose -33.72% over the past year, overperforming other medical device stocks by 3 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 61.07% from Bioventus's current stock price of $7.45.

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.

3. Steris (NYSE:STE)

Steris (NYSE:STE) 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 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 19 points higher than the medical device industry average of 28.

STE passed 17 out of 38 due diligence checks and has strong fundamentals. Steris has seen its stock return 22.4% over the past year, overperforming other medical device stocks by 59 percentage points.

Steris has an average 1 year price target of $275.20, an upside of 4.33% from Steris's current stock price of $263.77.

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.

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 2.29%, which is 1 percentage points higher than the medical device industry average of 1.03%. 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 1.4%, which is the same as the medical device industry average of 1.03%. 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 1.03%. 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.

Why are medical device stocks up?

Medical device stocks were up 0.74% in the last day, and up 2.13% over the last week. Globus Medical was the among the top gainers in the medical devices industry, gaining 35.94% yesterday.

Globus Medical shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY25 guidance.

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 -24.86% 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 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Conmed's stock has dropped -41.19% in the past year. It has underperformed other stocks in the medical device industry by -5 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 14 points higher than the medical device industry average of 15. It passed 2 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -33.72% 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?

50% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 27.44% over the next year.

7.14% of medical device stocks have a Zen Rating of A (Strong Buy), 19.64% of medical device stocks are rated B (Buy), 41.07% are rated C (Hold), 26.79% are rated D (Sell), and 5.36% 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 25.74x.

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. Bioventus (NASDAQ:BVS)

3. Steris (NYSE:STE)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

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. Bioventus (NASDAQ:BVS)

3. Steris (NYSE:STE)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Conmed (NYSE:CNMD)

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.