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 C and is the 73rd 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
ELMD	ELECTROMED INC	$22.23	75,509	46.83%	22.70	22.75	23.81	27.43	24.30	39.42	12.86	22.80	13.11	25.71	-0.45	-0.50	0.04	0.50
SNN	SMITH & NEPHEW PLC	$28.33	444,112	-24.20%	27.87	26.93	27.81	26.53	27.58	60.77	81.59	82.74	86.85	89.38	0.37	0.12	0.25	0.77
ZIMV	ZIMVIE INC	$9.19	196,064	72.15%	9.14	9.20	10.65	12.21	14.11	42.77	27.10	22.61	69.97	63.67	-0.43	-0.51	0.08	1.27
PEN	PENUMBRA INC	$288.73	297,684	-35.42%	293.77	285.06	278.34	269.64	238.33	54.15	58.07	62.77	39.52	49.45	4.87	4.96	-0.09	1.01
BVS	BIOVENTUS INC	$6.80	464,916	-30.48%	7.12	7.39	8.60	9.48	10.10	36.54	26.02	18.34	47.33	27.01	-0.53	-0.50	-0.03	1.20
AVNS	AVANOS MEDICAL INC	$12.58	495,965	-30.67%	12.51	12.41	13.63	14.96	18.49	45.21	56.66	52.35	85.20	79.62	-0.30	-0.42	0.12	0.97
VREX	VAREX IMAGING CORP	$8.65	700,166	109.04%	8.45	8.02	10.28	12.11	12.56	47.31	73.54	74.65	83.83	84.11	-0.44	-0.67	0.22	1.10
BSX	BOSTON SCIENTIFIC CORP	$103.29	5,266,300	19.89%	103.43	99.41	99.26	98.67	91.11	58.61	88.13	90.17	83.94	88.96	1.82	1.19	0.62	0.80
BWAY	BRAINSWAY LTD	$8.87	28,124	91.24%	8.85	8.64	9.17	9.65	9.22	49.82	61.81	61.73	72.93	72.08	-0.10	-0.15	0.06	0.81
VMD	VIEMED HEALTHCARE INC	$6.42	381,207	144.33%	7.10	6.89	7.16	7.64	7.84	34.08	52.90	72.78	63.01	84.30	-0.01	-0.03	0.02	0.70
AXGN	AXOGEN INC	$12.59	2,552,502	288.90%	16.11	15.90	17.10	17.21	15.04	25.88	51.83	67.14	42.93	64.90	-0.44	-0.32	-0.12	1.31
IRMD	IRADIMED CORP	$52.67	42,769	14.16%	52.59	52.29	52.31	54.76	52.10	51.35	37.84	42.46	21.08	25.41	-0.09	-0.06	-0.03	0.81
STE	STERIS PLC	$225.86	500,616	-33.74%	224.37	223.05	223.50	219.04	224.39	54.49	65.15	62.33	63.18	57.02	0.75	0.50	0.25	0.77
SIBN	SI-BONE INC	$18.33	989,012	-26.64%	15.10	14.32	14.76	15.27	14.76	77.67	94.21	88.56	100.00	94.40	0.59	0.06	0.52	1.22
LIVN	LIVANOVA PLC	$44.07	1,214,968	-61.46%	38.20	36.73	38.22	43.08	46.74	70.21	73.07	62.08	71.18	57.49	0.57	-0.36	0.93	0.95
MASI	MASIMO CORP	$153.58	905,897	-49.79%	161.00	157.34	164.26	168.78	152.64	43.95	46.10	60.24	28.77	50.78	-1.08	-1.01	-0.08	1.03
MDT	MEDTRONIC PLC	$83.62	6,119,632	-19.02%	83.85	83.45	87.51	86.90	86.94	45.80	44.76	48.35	55.96	56.64	-0.90	-1.10	0.20	0.65
SMLR	SEMLER SCIENTIFIC INC	$35.24	591,774	35.53%	34.30	33.67	35.58	45.80	40.02	51.22	48.23	47.95	66.80	65.54	-0.62	-0.93	0.31	1.42
DCTH	DELCATH SYSTEMS INC	$14.36	1,315,025	217.70%	12.25	11.85	12.45	13.22	11.40	67.56	50.75	45.37	46.50	45.69	0.07	-0.15	0.22	0.87
SNWV	SANUWAVE HEALTH INC	$31.55	67,074	103.22%	29.35	29.32	N/A	N/A	N/A	52.16	89.25	90.05	97.44	97.79	N/A	N/A	N/A	0.65
ARAY	ACCURAY INC	$1.49	823,591	9.17%	1.45	1.47	1.68	1.91	1.91	46.78	28.31	14.81	41.40	18.66	-0.09	-0.09	0.00	1.38
PHG	KONINKLIJKE PHILIPS NV	$24.07	1,098,098	-14.69%	24.89	24.33	25.07	25.67	27.36	45.45	36.66	55.14	19.32	46.06	-0.04	-0.05	0.01	0.91
SYK	STRYKER CORP	$382.46	924,326	-22.72%	375.40	362.60	368.08	373.66	366.83	61.98	91.57	92.66	93.41	94.72	5.08	1.71	3.36	0.92
DXCM	DEXCOM INC	$85.34	6,007,354	52.25%	76.79	72.27	72.34	78.06	75.48	72.77	96.55	94.91	97.78	95.10	3.23	1.20	2.03	1.18
ALGN	ALIGN TECHNOLOGY INC	$180.93	1,015,395	-13.31%	177.59	173.81	169.06	191.77	210.22	57.60	38.95	42.10	18.23	21.80	2.33	2.00	0.33	1.59
QDEL	QUIDELORTHO CORP	$36.46	6,899,376	59.90%	28.64	27.33	32.23	37.73	39.65	66.70	56.37	57.18	68.09	68.30	-0.56	-1.49	0.93	0.77
EW	EDWARDS LIFESCIENCES CORP	$74.63	3,690,665	52.51%	75.39	73.01	71.55	72.14	70.12	56.71	73.42	75.47	63.81	68.21	1.20	1.08	0.12	0.91
PODD	INSULET CORP	$257.00	1,278,748	181.10%	257.00	253.67	257.71	265.45	247.04	50.41	82.10	83.20	87.57	92.55	0.15	-1.19	1.34	1.13
NPCE	NEUROPACE INC	$12.55	155,243	50.71%	11.81	11.25	11.58	12.08	9.89	59.95	80.06	73.56	92.24	84.87	0.12	-0.04	0.16	0.94
INSP	INSPIRE MEDICAL SYSTEMS INC	$152.79	830,416	12.95%	158.31	153.41	160.43	174.15	182.21	45.70	79.21	86.77	63.76	80.77	-0.16	-1.03	0.87	1.34
AHCO	ADAPTHEALTH CORP	$8.38	2,039,757	-26.83%	8.49	8.24	9.46	9.66	10.06	44.83	67.56	77.25	80.91	88.92	-0.24	-0.35	0.10	1.02
ABT	ABBOTT LABORATORIES	$134.00	5,975,618	21.33%	131.69	130.20	130.54	126.13	120.04	61.62	67.63	65.06	100.00	98.83	1.18	0.66	0.52	0.60
ATEC	ALPHATEC HOLDINGS INC	$12.74	2,260,284	1.96%	11.72	11.07	10.62	10.56	8.88	72.04	97.19	94.27	100.00	99.60	0.54	0.37	0.18	1.27
ZBH	ZIMMER BIOMET HOLDINGS INC	$95.11	2,880,732	8.20%	98.53	98.93	104.80	105.40	106.92	38.64	29.32	28.18	40.11	34.67	-2.79	-2.30	-0.49	0.74
CNMD	CONMED CORP	$57.75	333,718	-12.13%	54.33	51.99	56.25	62.20	66.25	58.50	75.46	75.55	88.63	89.40	0.16	-0.99	1.15	1.13
TMDX	TRANSMEDICS GROUP INC	$93.20	2,032,883	113.43%	92.32	89.66	77.40	72.27	100.11	63.43	76.80	76.33	34.01	31.12	4.86	5.09	-0.23	1.55
ITGR	INTEGER HOLDINGS CORP	$119.52	661,117	20.57%	122.40	119.88	118.98	128.12	128.14	48.75	38.80	39.38	21.09	22.04	0.41	0.57	-0.16	1.01
GMED	GLOBUS MEDICAL INC	$72.46	1,638,713	38.51%	71.74	71.64	73.14	79.70	77.01	50.74	50.90	43.98	65.33	49.97	-0.56	-0.77	0.20	0.97
BIO	BIO-RAD LABORATORIES INC	$241.02	258,274	-7.95%	239.13	241.39	246.10	288.33	311.15	48.63	19.74	17.52	27.10	18.53	-3.39	-3.60	0.21	0.92
TMCI	TREACE MEDICAL CONCEPTS INC	$7.54	567,280	68.39%	7.18	6.88	7.73	8.24	7.29	55.84	78.81	77.43	94.81	95.47	-0.10	-0.24	0.15	1.26
GKOS	GLAUKOS CORP	$90.54	770,419	-19.95%	90.26	90.74	97.00	123.60	127.03	46.60	53.12	49.04	54.21	44.45	-2.91	-3.40	0.49	1.22
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$9.73	493,917	-29.67%	12.82	13.20	13.44	15.29	14.90	21.13	19.11	32.51	0.88	13.43	-0.73	-0.25	-0.48	1.08
INGN	INOGEN INC	$6.35	999,022	298.43%	7.08	7.04	7.28	8.70	9.47	34.04	56.03	58.78	53.09	63.94	-0.14	-0.14	-0.00	1.16
BFLY	BUTTERFLY NETWORK INC	$2.27	2,805,795	31.74%	2.31	2.36	2.53	3.20	2.54	43.01	22.70	20.05	19.28	9.38	-0.09	-0.10	0.01	1.89
INMD	INMODE LTD	$14.23	1,196,872	18.52%	14.53	14.84	16.75	17.16	17.20	38.86	17.05	18.69	21.47	23.07	-0.67	-0.69	0.02	1.68
BRKR	BRUKER CORP	$40.51	4,880,837	33.47%	39.99	38.95	41.99	49.21	55.74	51.03	77.54	83.76	88.15	89.47	-0.37	-0.91	0.53	1.06
AORT	ARTIVION INC	$28.53	625,359	-32.42%	25.00	24.13	24.22	26.88	26.77	76.58	93.19	84.74	100.00	93.07	0.70	0.05	0.65	1.08
SSII	SS INNOVATIONS INTERNATIONAL INC	$10.13	68,435	67.61%	10.64	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-0.23
CERS	CERUS CORP	$1.36	1,158,652	49.16%	1.32	1.33	1.40	1.57	1.75	50.87	32.05	28.22	53.51	40.92	-0.03	-0.03	0.01	1.67
ANIK	ANIKA THERAPEUTICS INC	$14.74	35,548	4.83%	14.53	14.21	15.12	15.97	19.50	52.54	60.89	61.00	65.78	66.76	-0.10	-0.21	0.11	0.87
QIPT	QUIPT HOME MEDICAL CORP	$2.14	64,092	-0.89%	2.14	2.10	2.25	2.56	2.72	47.85	61.13	63.36	78.47	81.62	-0.03	-0.05	0.02	0.60
CTKB	CYTEK BIOSCIENCES INC	$3.79	675,543	9.93%	3.77	3.74	3.98	4.95	5.33	47.84	45.80	48.70	57.08	61.46	-0.07	-0.10	0.03	1.40
SENS	SENSEONICS HOLDINGS INC	$0.74	4,804,519	190.02%	0.72	0.68	0.67	0.74	0.55	56.34	56.92	50.94	40.55	32.83	0.01	0.01	0.00	1.76
IRTC	IRHYTHM TECHNOLOGIES INC	$137.00	470,647	-23.17%	121.00	111.06	106.79	104.52	89.71	81.34	93.83	94.61	98.37	98.67	8.17	4.27	3.90	1.24
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.61	477,830	281.75%	0.63	0.59	0.78	0.90	0.86	43.46	53.44	59.52	87.94	94.19	-0.03	-0.05	0.02	0.78
NVCR	NOVOCURE LTD	$17.44	681,260	-28.20%	17.75	17.15	18.11	22.27	20.37	48.61	38.97	44.92	41.71	48.04	-0.20	-0.26	0.06	1.33
UFPT	UFP TECHNOLOGIES INC	$233.91	129,277	14.27%	212.18	209.88	209.52	233.69	272.85	64.22	83.66	57.88	100.00	66.67	2.28	-0.50	2.77	0.88
CBLL	CERIBELL INC	$17.10	299,108	-12.55%	16.16	15.34	18.62	21.24	N/A	52.39	77.91	76.23	84.28	84.31	-0.52	-0.88	0.36	1.49
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$12.89	1,731,573	16.50%	15.22	15.74	19.43	21.61	21.48	26.46	20.03	28.01	15.96	24.99	-1.70	-1.48	-0.22	0.95
VVOS	VIVOS THERAPEUTICS INC	$2.84	50,810	-9.88%	2.70	2.50	2.91	3.64	3.23	55.22	78.65	74.86	84.86	78.52	-0.03	-0.09	0.07	0.92
LUNG	PULMONX CORP	$3.64	220,292	-49.75%	4.24	4.60	6.22	6.44	6.70	26.87	10.37	9.02	20.52	12.60	-0.72	-0.65	-0.06	1.31
BSGM	BIOSIG TECHNOLOGIES INC	$1.79	707,019	131.53%	1.26	0.94	0.78	0.98	0.91	83.01	95.33	94.25	98.17	98.34	0.24	0.14	0.10	0.98
BMRA	BIOMERICA INC	$3.46	25,934	-78.02%	3.59	3.75	4.51	4.32	3.53	40.47	22.83	20.97	44.02	42.76	-0.29	-0.31	0.02	0.77
CLPT	CLEARPOINT NEURO INC	$14.25	349,573	113.40%	14.13	13.17	12.98	14.82	13.11	56.52	52.93	53.97	36.12	42.05	0.30	0.24	0.07	1.64
MYO	MYOMO INC	$3.36	2,930,775	703.72%	4.63	4.54	4.79	5.46	4.88	27.93	53.76	67.87	57.67	74.93	-0.12	-0.08	-0.05	1.28
PROF	PROFOUND MEDICAL CORP	$4.98	100,962	50.25%	4.97	4.83	5.77	6.40	7.38	46.30	41.25	56.07	59.88	72.80	-0.16	-0.26	0.09	0.96
SRDX	SURMODICS INC	$27.21	46,537	42.55%	28.37	28.35	29.22	33.09	36.20	39.89	23.60	23.61	11.80	11.03	-0.62	-0.50	-0.13	0.89
SGHT	SIGHT SCIENCES INC	$3.03	147,537	1.55%	3.03	2.87	2.69	2.88	4.29	56.95	46.54	48.32	14.85	14.96	0.10	0.11	-0.01	1.71
NVNO	ENVVENO MEDICAL CORP	$3.63	113,295	-35.84%	3.28	2.85	2.82	3.01	3.61	71.27	83.67	85.88	89.48	93.82	0.26	0.14	0.13	0.93
MASS	908 DEVICES INC	$5.79	429,356	81.10%	5.45	5.09	4.28	3.33	3.48	66.62	71.76	69.21	21.69	18.53	0.40	0.41	-0.00	1.77
VERO	VENUS CONCEPT INC	$2.42	52,856	18.03%	2.43	2.86	3.01	3.45	4.50	45.32	9.44	5.67	13.32	6.98	-0.26	-0.22	-0.04	2.57
RPID	RAPID MICRO BIOSYSTEMS INC	$2.45	222,322	102.53%	2.32	2.29	2.41	2.11	1.52	55.10	53.74	52.31	68.81	60.57	-0.01	-0.03	0.02	1.19
NSPR	INSPIREMD INC	$2.60	15,731	53.68%	2.55	2.56	2.70	2.77	2.75	49.83	51.39	55.77	68.49	71.60	-0.03	-0.04	0.01	0.51
ICCM	ICECURE MEDICAL LTD	$1.03	192,471	19.91%	1.15	1.14	1.22	1.24	0.95	37.29	14.22	17.28	2.99	7.41	-0.04	-0.02	-0.01	0.74
ECOR	ELECTROCORE INC	$5.19	488,856	320.18%	6.96	6.60	8.34	12.32	10.35	31.30	28.09	37.00	42.63	55.98	-0.41	-0.48	0.07	0.77
QTRX	QUANTERIX CORP	$5.51	376,583	-8.17%	5.73	5.48	6.32	7.91	10.38	45.06	36.41	44.99	52.64	62.47	-0.19	-0.25	0.06	1.80
LUCD	LUCID DIAGNOSTICS INC	$1.19	690,037	-60.22%	1.26	1.23	1.36	1.18	1.02	40.89	34.25	49.82	19.63	44.37	-0.04	-0.04	-0.00	0.82
OFIX	ORTHOFIX MEDICAL INC	$12.31	423,703	-23.71%	13.36	13.38	15.16	16.55	16.70	31.65	41.37	44.43	20.17	36.53	-0.71	-0.66	-0.06	1.00
SRTS	SENSUS HEALTHCARE INC	$4.47	65,069	-4.76%	4.39	4.52	4.60	5.69	6.23	47.85	37.97	24.69	50.95	29.88	-0.13	-0.12	-0.01	0.95
KIDS	ORTHOPEDIATRICS CORP	$23.08	229,219	-11.68%	21.58	21.28	23.16	23.65	25.64	57.86	70.35	59.74	99.80	93.54	-0.31	-0.59	0.29	1.17
MXCT	MAXCYTE INC	$2.43	1,327,457	119.88%	2.77	2.70	2.91	3.63	3.78	35.86	30.47	45.08	23.68	32.00	-0.06	-0.06	-0.00	1.43
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.20	10,031,778	61.03%	1.12	1.18	1.24	1.49	1.66	51.02	43.19	28.92	78.00	55.19	-0.04	-0.05	0.01	2.32
RXST	RXSIGHT INC	$13.23	1,392,426	-8.69%	14.70	14.55	20.32	26.70	37.97	32.98	20.57	33.49	67.44	71.00	-1.69	-2.04	0.35	1.26
CVRX	CVRX INC	$7.78	231,060	-1.91%	7.47	6.87	9.81	12.25	11.38	46.08	70.99	73.19	86.92	87.85	-0.63	-0.95	0.32	1.53
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$34.80	905,737	26.56%	31.92	31.09	35.77	36.73	39.97	56.62	80.08	84.20	94.30	94.95	-0.38	-1.15	0.76	1.54
TNON	TENON MEDICAL INC	$1.11	190,906	-27.00%	1.15	1.13	1.34	1.52	2.69	44.33	23.53	33.99	10.39	27.05	-0.07	-0.08	0.01	1.02
RCEL	AVITA MEDICAL INC	$9.33	191,931	40.30%	9.58	9.39	8.92	9.66	10.12	51.52	35.75	35.97	11.14	6.34	0.15	0.19	-0.05	1.39
NXL	NEXALIN TECHNOLOGY INC	$1.22	143,781	-25.74%	1.59	1.67	1.96	2.51	2.16	23.88	8.08	10.88	0.00	7.74	-0.18	-0.14	-0.04	1.13
TLSI	TRISALUS LIFE SCIENCES INC	$5.19	70,675	208.33%	5.32	5.47	5.45	5.22	4.97	40.35	42.35	37.95	17.82	12.15	-0.09	-0.04	-0.05	0.14
TIVC	TIVIC HEALTH SYSTEMS INC	$4.15	46,036	-39.57%	4.88	4.87	4.29	4.87	5.11	45.16	9.13	9.96	4.90	7.63	0.01	0.18	-0.17	0.95
PRCT	PROCEPT BIOROBOTICS CORP	$54.81	774,517	29.41%	54.10	53.54	56.56	66.36	72.80	49.99	54.70	56.66	50.36	53.24	-0.71	-1.08	0.37	1.30
OM	OUTSET MEDICAL INC	$15.88	692,382	584.06%	11.96	11.33	10.59	12.36	14.08	71.33	71.73	67.87	76.22	73.59	0.61	0.27	0.34	1.34
TNDM	TANDEM DIABETES CARE INC	$22.74	1,588,310	7.80%	19.82	18.41	18.87	27.05	32.38	68.97	91.36	91.20	98.89	98.06	0.64	-0.17	0.82	1.25
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$5.15	20,240	3.55%	5.58	5.57	5.31	5.38	6.18	43.40	8.01	13.60	0.00	0.80	-0.03	0.05	-0.08	-0.10
BJDX	BLUEJAY DIAGNOSTICS INC	$1.76	77,602	3.25%	1.82	1.95	3.16	3.50	6.42	40.67	33.03	32.62	43.03	45.42	-0.41	-0.46	0.05	0.60
MDAI	SPECTRAL AI INC	$1.18	100,364	-55.58%	1.25	1.24	1.36	1.73	1.58	39.10	20.11	28.91	10.93	24.26	-0.04	-0.05	0.00	0.32
SINT	SINTX TECHNOLOGIES INC	$2.53	40,015	-53.55%	2.62	2.28	2.66	3.09	3.39	50.77	62.92	68.08	73.53	79.27	0.03	-0.04	0.07	1.29
HYPR	HYPERFINE INC	$0.72	74,759	-79.76%	0.72	0.72	0.79	0.93	0.97	47.37	33.57	24.51	40.68	21.74	-0.02	-0.03	0.01	1.11
TELA	TELA BIO INC	$0.99	108,513	298.26%	0.98	0.97	1.48	2.12	2.57	38.48	46.67	51.23	82.65	83.55	-0.12	-0.17	0.05	0.84
NNOX	NANO-X IMAGING LTD	$5.18	857,234	57.66%	5.07	4.95	5.27	6.39	6.46	52.25	51.99	54.99	56.30	59.34	-0.04	-0.09	0.05	1.76

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in May 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. Electromed (NYSEMKT:ELMD)

Electromed (NYSEMKT:ELMD) is the #1 top medical device stock out of 142 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: C, Growth: B, Momentum: C, Sentiment: A, Safety: B, Financials: A, and AI: C.

Electromed (NYSEMKT:ELMD) has a Due Diligence Score of 43, which is 16 points higher than the medical device industry average of 27.

ELMD passed 14 out of 33 due diligence checks and has strong fundamentals. Electromed has seen its stock return 30.15% over the past year, overperforming other medical device stocks by 43 percentage points.

Electromed has an average 1 year price target of $38.00, an upside of 70.94% from Electromed's current stock price of $22.23.

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.

2. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) is the #2 top medical device stock out of 142 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: B, 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 13.32% over the past year, overperforming other medical device stocks by 26 percentage points.

Smith & Nephew has an average 1 year price target of $27.50, a downside of -2.93% from Smith & Nephew's current stock price of $28.33.

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. Zimvie (NASDAQ:ZIMV)

Zimvie (NASDAQ:ZIMV) is the #3 top medical device stock out of 142 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 Zimvie (NASDAQ:ZIMV) is: Value: B, Growth: A, Momentum: D, Sentiment: A, Safety: D, Financials: C, and AI: A.

Zimvie (NASDAQ:ZIMV) has a Due Diligence Score of 19, which is -8 points lower than the medical device industry average of 27. Although this number is below the industry average, our proven quant model rates ZIMV as a "A".

ZIMV passed 6 out of 33 due diligence checks and has weak fundamentals. Zimvie has seen its stock lose -40.25% over the past year, underperforming other medical device stocks by -27 percentage points.

Zimvie has an average 1 year price target of $23.00, an upside of 150.27% from Zimvie's current stock price of $9.19.

Zimvie stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Zimvie, 0% have issued a Strong Buy rating, 100% 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 2.65%, which is 1 percentage points higher than the medical device industry average of 1.23%. 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 2.51%, which is 1 percentage points higher than the medical device industry average of 1.23%. 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 84.3% indicates that its dividend yield is sustainable for the long-term.

3. Iradimed (NASDAQ:IRMD)

Iradimed (NASDAQ:IRMD) has an annual dividend yield of 1.18%, which is the same as the medical device industry average of 1.23%.

Iradimed's dividend payout ratio of 39.5% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks up?

Medical device stocks were up 1.25% in the last day, and up 2.52% over the last week. Quidelortho was the among the top gainers in the medical devices industry, gaining 41.04% yesterday.

QuidelOrtho shares are trading higher after the company reported better-than-expected Q1 financial results. Also, Jefferies upgraded the stock from Hold to Buy and announced a $44 price target.

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 -22.24% in the past year. It has underperformed other stocks in the medical device industry by -9 percentage points.

2. Adapthealth (NASDAQ:AHCO)

Adapthealth (NASDAQ:AHCO) 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.

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 -13.57% in the past year. It has underperformed other stocks in the medical device industry by -1 percentage points.

3. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) 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.

Tactile Systems Technology 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.

Tactile Systems Technology's stock has dropped -29.75% in the past year. It has underperformed other stocks in the medical device industry by -17 percentage points.

Are medical device stocks a good buy now?

58.25% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 32.21% over the next year.

6.36% of medical device stocks have a Zen Rating of A (Strong Buy), 13.64% of medical device stocks are rated B (Buy), 59.09% are rated C (Hold), 14.55% are rated D (Sell), and 6.36% 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 37.17x.

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. Electromed (NYSEMKT:ELMD)

2. Smith & Nephew (NYSE:SNN)

3. Zimvie (NASDAQ:ZIMV)

1. Smith & Nephew (NYSE:SNN)

2. Medtronic (NYSE:MDT)

3. Iradimed (NASDAQ:IRMD)

1. Inmode (NASDAQ:INMD)

2. Adapthealth (NASDAQ:AHCO)

3. Tactile Systems Technology (NASDAQ:TCMD)

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. Electromed (NYSEMKT:ELMD)

2. Smith & Nephew (NYSE:SNN)

3. Zimvie (NASDAQ:ZIMV)

1. Smith & Nephew (NYSE:SNN)

2. Medtronic (NYSE:MDT)

3. Iradimed (NASDAQ:IRMD)

1. Inmode (NASDAQ:INMD)

2. Adapthealth (NASDAQ:AHCO)

3. Tactile Systems Technology (NASDAQ:TCMD)

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.