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 78th 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
AVNS	AVANOS MEDICAL INC	$12.35	144,000	-48.75%	12.28	12.32	12.48	13.47	16.42	49.21	59.25	52.83	77.31	66.64	-0.06	-0.10	0.04	0.90
SNN	SMITH & NEPHEW PLC	$30.28	275,000	-45.76%	29.99	29.83	28.93	28.18	27.40	60.00	82.49	88.40	77.87	86.68	0.40	0.36	0.04	0.74
STE	STERIS PLC	$237.55	242,000	-55.84%	238.85	239.99	237.11	229.95	225.12	46.52	52.31	58.02	53.91	66.47	0.10	0.50	-0.40	0.76
PEN	PENUMBRA INC	$251.06	234,000	-40.91%	253.84	255.25	271.25	273.34	252.63	38.16	19.27	29.46	26.77	48.97	-4.51	-4.87	0.36	1.01
ELMD	ELECTROMED INC	$20.78	75,000	-42.31%	21.39	20.82	21.30	23.37	25.27	47.25	47.13	65.13	39.71	66.04	0.06	0.00	0.06	0.48
BVS	BIOVENTUS INC	$7.02	172,000	-36.06%	6.74	6.68	6.78	8.06	9.72	57.65	73.40	65.81	93.68	88.43	0.02	-0.05	0.07	1.20
ZIMV	ZIMVIE INC	$10.25	73,400	-54.97%	9.30	9.24	9.08	10.35	12.41	69.67	95.52	87.68	100.00	95.07	0.18	0.04	0.14	1.28
VREX	VAREX IMAGING CORP	$8.80	149,000	-45.82%	8.35	8.35	8.13	9.78	11.73	60.51	82.01	76.76	95.75	90.27	0.13	0.05	0.08	1.05
LIVN	LIVANOVA PLC	$46.13	243,000	-44.27%	45.75	45.82	43.20	41.78	46.17	58.48	62.98	49.68	57.38	36.07	0.67	0.83	-0.15	0.89
IRMD	IRADIMED CORP	$61.80	69,000	-10.39%	60.38	59.91	56.20	54.79	54.30	65.96	84.11	78.57	86.53	67.78	1.36	1.36	0.00	0.82
SIBN	SI-BONE INC	$18.47	289,000	-34.32%	17.92	18.07	17.60	16.47	15.38	55.17	76.74	78.28	80.22	80.18	0.15	0.09	0.05	1.18
VMD	VIEMED HEALTHCARE INC	$7.15	96,000	-51.52%	6.92	6.82	6.82	7.09	7.75	62.94	87.86	79.08	100.00	93.24	0.08	0.03	0.05	0.69
MASI	MASIMO CORP	$167.57	499,000	15.51%	168.39	166.94	161.97	165.14	161.44	53.62	71.53	69.64	76.80	76.55	2.18	2.09	0.09	1.09
QDEL	QUIDELORTHO CORP	$30.19	999,000	-17.71%	28.90	29.25	30.08	32.71	37.44	53.62	71.45	60.43	100.00	87.16	-0.24	-0.47	0.23	0.80
BWAY	BRAINSWAY LTD	$13.24	33,200	7.79%	12.55	11.79	10.51	10.07	9.89	72.23	87.22	88.62	71.10	79.17	0.76	0.65	0.11	0.84
BSX	BOSTON SCIENTIFIC CORP	$104.32	2,931,000	-55.01%	104.33	102.50	103.27	101.50	95.90	54.03	65.51	76.63	54.07	71.08	0.69	0.42	0.28	0.75
ARAY	ACCURAY INC	$1.42	487,000	-50.00%	1.34	1.31	1.45	1.65	1.81	54.77	87.46	84.17	96.62	95.52	-0.02	-0.05	0.03	1.40
BIO	BIO-RAD LABORATORIES INC	$251.56	109,000	-44.10%	243.01	235.43	236.48	247.43	294.14	65.86	85.16	82.77	100.00	94.72	4.26	1.91	2.35	0.96
MDT	MEDTRONIC PLC	$88.39	2,989,000	-65.50%	86.91	87.13	85.25	87.12	87.08	61.17	87.71	77.87	80.29	65.42	0.70	0.56	0.14	0.61
DCTH	DELCATH SYSTEMS INC	$12.69	373,000	-43.57%	13.41	14.53	14.61	13.92	12.64	33.81	3.82	7.57	4.42	9.09	-0.66	-0.40	-0.26	0.88
PODD	INSULET CORP	$301.05	527,000	-40.38%	306.77	306.21	299.94	281.75	268.75	45.08	22.61	44.48	6.55	36.80	0.08	1.51	-1.44	1.15
PHG	KONINKLIJKE PHILIPS NV	$24.17	872,000	15.65%	23.79	23.45	23.81	24.70	26.30	57.06	93.95	94.58	93.87	95.96	0.19	0.00	0.18	0.92
INSP	INSPIRE MEDICAL SYSTEMS INC	$128.48	301,000	-37.29%	130.74	131.39	142.96	154.87	174.80	38.34	48.28	46.67	82.74	85.79	-3.38	-4.03	0.65	1.33
EW	EDWARDS LIFESCIENCES CORP	$76.79	1,679,000	-45.54%	76.65	76.13	76.04	73.64	71.82	53.38	74.90	82.74	70.57	81.39	0.40	0.26	0.14	0.90
DXCM	DEXCOM INC	$82.93	1,841,000	-35.79%	84.08	83.87	82.48	78.95	77.51	48.21	52.84	64.96	42.53	57.80	0.42	0.58	-0.16	1.20
ALGN	ALIGN TECHNOLOGY INC	$196.82	713,000	-24.71%	189.26	185.26	182.19	178.26	201.92	67.34	88.69	89.81	99.56	96.23	3.92	2.49	1.43	1.56
GMED	GLOBUS MEDICAL INC	$59.17	1,813,000	3.84%	58.89	59.22	62.24	69.03	74.83	46.01	68.70	61.70	87.65	87.28	-0.65	-1.06	0.41	0.97
AXGN	AXOGEN INC	$10.93	170,000	-80.39%	10.47	10.30	12.04	14.84	14.95	50.86	90.76	88.07	97.53	99.18	-0.27	-0.54	0.27	1.27
AHCO	ADAPTHEALTH CORP	$9.32	800,000	-54.88%	9.10	8.91	8.81	9.23	9.74	59.04	83.01	85.91	81.67	86.13	0.14	0.06	0.08	1.05
CNMD	CONMED CORP	$54.33	251,000	-49.19%	52.83	54.17	55.42	56.96	63.57	49.85	62.51	41.72	97.81	69.01	-0.78	-0.96	0.18	1.11
ABT	ABBOTT LABORATORIES	$134.44	3,114,000	-27.92%	135.06	134.59	133.14	132.00	124.35	50.81	44.73	50.47	32.76	39.94	0.57	0.66	-0.09	0.58
TMDX	TRANSMEDICS GROUP INC	$129.19	370,000	-48.18%	129.48	134.03	120.37	96.56	94.99	51.09	34.34	40.26	14.22	19.90	2.02	3.69	-1.68	1.56
SYK	STRYKER CORP	$395.28	536,000	-45.14%	389.68	384.69	381.75	376.75	374.62	62.89	82.24	87.00	84.16	91.39	4.03	2.65	1.39	0.89
ZBH	ZIMMER BIOMET HOLDINGS INC	$93.67	927,000	-40.99%	92.35	92.36	94.56	100.13	103.70	52.42	77.46	61.51	92.16	75.49	-0.41	-0.85	0.44	0.69
SNWV	SANUWAVE HEALTH INC	$31.65	22,000	-61.40%	32.42	31.34	30.20	N/A	N/A	51.67	57.03	59.76	38.38	40.64	0.62	0.65	-0.03	0.62
CERS	CERUS CORP	$1.54	389,000	-73.54%	1.41	1.41	1.35	1.42	1.59	62.70	86.55	78.01	96.18	89.25	0.04	0.02	0.02	1.69
INMD	INMODE LTD	$15.16	596,000	-53.29%	14.26	14.10	14.43	16.09	16.79	63.35	87.75	83.48	98.93	99.49	0.09	-0.12	0.21	1.66
NPCE	NEUROPACE INC	$10.39	84,000	-64.56%	10.64	11.26	12.70	12.31	10.95	36.54	24.48	26.63	50.34	56.74	-0.73	-0.73	-0.00	0.89
ITGR	INTEGER HOLDINGS CORP	$121.00	200,000	-52.38%	120.90	120.46	120.61	121.39	127.82	52.30	65.68	73.41	55.86	71.34	0.44	0.26	0.18	0.95
INGN	INOGEN INC	$7.49	89,000	-64.11%	7.08	6.79	6.68	7.34	8.58	68.13	89.16	83.61	94.15	86.70	0.20	0.12	0.09	1.15
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$10.13	125,000	-40.19%	10.20	10.11	10.74	12.45	14.33	45.96	50.46	50.77	66.68	70.69	-0.10	-0.17	0.07	1.07
BRKR	BRUKER CORP	$42.45	1,208,000	-40.26%	40.94	39.91	38.94	41.84	50.85	63.12	84.49	80.04	91.74	85.45	1.01	0.65	0.37	1.08
ATEC	ALPHATEC HOLDINGS INC	$10.99	777,000	-42.06%	11.04	11.33	11.86	11.14	9.82	41.43	46.49	39.97	61.90	57.18	-0.27	-0.26	-0.01	1.25
RPID	RAPID MICRO BIOSYSTEMS INC	$3.63	39,800	-72.55%	3.45	3.49	3.13	2.88	2.01	58.15	71.02	65.97	72.12	57.64	0.09	0.10	-0.01	1.19
MASS	908 DEVICES INC	$6.65	247,000	-52.22%	6.77	6.99	6.01	4.80	3.82	51.33	11.28	18.11	5.05	9.22	0.20	0.33	-0.13	1.75
AORT	ARTIVION INC	$30.72	118,000	-70.72%	30.80	29.94	28.38	26.79	27.47	61.56	74.81	79.28	60.58	68.98	0.73	0.74	-0.01	1.03
RSLS	RESHAPE LIFESCIENCES INC	$2.37	77,000	-0.52%	2.47	2.71	5.31	14.02	72.21	36.21	5.63	8.28	38.93	56.99	-0.91	-1.12	0.20	0.82
IRTC	IRHYTHM TECHNOLOGIES INC	$142.47	207,000	-67.14%	149.44	147.71	138.35	121.91	103.09	45.53	21.01	43.49	0.00	24.22	2.40	3.83	-1.43	1.27
PTHL	PHETON HOLDINGS LTD	$19.15	377,000	-42.44%	18.51	17.11	9.72	6.40	5.35	75.19	45.35	46.85	18.24	16.09	2.68	2.98	-0.30	0.24
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$13.49	759,000	-39.62%	12.40	12.64	13.42	17.41	19.71	57.35	84.70	66.77	99.44	84.33	-0.16	-0.42	0.25	0.97
UFPT	UFP TECHNOLOGIES INC	$249.61	64,000	-48.39%	243.99	240.82	232.89	226.49	257.61	59.06	70.34	70.63	73.76	76.62	4.21	3.55	0.66	0.90
BFLY	BUTTERFLY NETWORK INC	$1.94	4,648,000	27.24%	1.99	2.19	2.28	2.64	2.74	35.37	7.13	7.69	13.66	11.72	-0.11	-0.09	-0.02	2.00
MDAI	SPECTRAL AI INC	$2.68	719,000	-26.56%	2.32	2.18	1.70	1.62	1.64	70.37	86.36	80.29	70.79	68.92	0.24	0.20	0.04	0.35
GKOS	GLAUKOS CORP	$103.50	290,000	-62.58%	101.19	99.22	95.47	102.33	121.70	61.38	73.54	77.95	74.84	73.08	2.16	1.79	0.36	1.22
CBLL	CERIBELL INC	$18.93	99,500	-32.31%	18.84	18.27	17.32	18.82	N/A	58.97	58.05	57.62	41.27	41.34	0.43	0.41	0.02	1.54
RXST	RXSIGHT INC	$13.05	927,000	-6.46%	13.22	13.90	14.52	19.32	31.05	37.82	19.87	15.70	60.27	43.04	-0.62	-0.59	-0.03	1.26
ANIK	ANIKA THERAPEUTICS INC	$11.25	28,800	-93.96%	10.90	11.07	12.10	13.99	16.75	48.89	53.94	31.97	75.05	53.68	-0.29	-0.38	0.09	0.80
SRDX	SURMODICS INC	$29.99	141,000	120.31%	29.18	29.23	28.88	29.79	34.07	58.48	54.11	55.12	54.39	50.18	0.11	0.07	0.03	0.84
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.70	34,300	-62.72%	0.69	0.65	0.63	0.77	0.84	58.51	65.89	62.98	69.16	66.43	0.02	0.02	0.01	0.77
BSGM	BIOSIG TECHNOLOGIES INC	$10.41	721,000	3.44%	8.22	7.38	4.72	2.72	1.93	72.39	90.95	78.65	79.46	49.39	1.22	1.09	0.14	1.05
LUNG	PULMONX CORP	$2.78	152,000	15.15%	2.65	2.86	3.37	5.20	5.95	41.83	31.22	20.80	83.16	57.33	-0.22	-0.27	0.04	1.32
TMCI	TREACE MEDICAL CONCEPTS INC	$6.18	173,000	-44.90%	5.87	5.83	6.31	7.35	7.25	55.03	81.60	69.63	100.00	96.17	-0.07	-0.16	0.09	1.28
SSII	SS INNOVATIONS INTERNATIONAL INC	$5.34	93,000	-33.57%	5.85	5.12	N/A	N/A	N/A	43.36	26.82	28.95	78.15	81.03	-0.54	-0.81	0.27	-1.60
NVCR	NOVOCURE LTD	$17.71	534,000	-59.39%	17.40	17.40	17.74	18.39	20.18	51.33	65.07	62.40	85.84	87.31	0.00	-0.09	0.09	1.37
MXCT	MAXCYTE INC	$2.24	161,000	-60.25%	2.20	2.20	2.37	2.78	3.40	48.95	66.07	57.48	73.79	66.45	-0.04	-0.05	0.02	1.43
ECOR	ELECTROCORE INC	$6.11	185,000	1,193.71%	5.37	5.39	5.63	8.21	10.20	62.64	53.86	42.09	77.70	66.49	-0.00	-0.09	0.09	0.72
ALUR	ALLURION TECHNOLOGIES INC	$2.51	22,600	-23.39%	2.45	2.52	2.57	2.85	7.33	48.01	51.11	40.22	79.04	65.82	-0.05	-0.06	0.01	0.35
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$43.54	278,000	-26.65%	40.34	39.21	36.19	36.26	38.94	67.53	91.85	91.15	94.67	98.22	1.87	1.29	0.59	1.54
CTKB	CYTEK BIOSCIENCES INC	$3.76	777,000	-8.70%	3.40	3.37	3.24	3.78	4.84	64.42	87.65	80.47	93.86	85.50	0.12	0.06	0.05	1.42
NVNO	ENVVENO MEDICAL CORP	$3.99	52,600	-62.16%	4.07	4.14	3.72	3.31	3.34	51.12	15.66	15.80	3.14	1.05	0.09	0.15	-0.06	0.90
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$1.19	2,231,000	-83.83%	0.88	0.81	0.66	0.71	0.96	78.57	79.32	77.31	70.71	55.39	0.10	0.07	0.03	1.18
PRCT	PROCEPT BIOROBOTICS CORP	$57.92	229,000	-74.50%	58.19	60.00	57.63	58.57	70.67	47.28	23.23	16.36	29.95	17.72	-0.29	0.14	-0.42	1.29
TNON	TENON MEDICAL INC	$0.99	46,400	-80.09%	0.95	0.95	1.06	1.23	2.06	49.32	76.00	79.43	82.15	90.92	-0.03	-0.05	0.02	1.05
OM	OUTSET MEDICAL INC	$20.90	117,000	-63.55%	19.65	19.95	17.43	14.11	13.19	58.95	87.35	71.78	70.20	56.81	0.70	0.75	-0.05	1.36
KIDS	ORTHOPEDIATRICS CORP	$22.48	90,000	-28.00%	21.50	21.37	21.50	22.65	24.00	61.04	89.08	78.33	99.99	91.03	0.15	-0.04	0.19	1.19
ICCM	ICECURE MEDICAL LTD	$1.06	582,000	358.27%	1.00	1.00	1.05	1.16	1.02	56.79	88.74	84.89	96.79	92.08	-0.01	-0.02	0.01	0.73
RCEL	AVITA MEDICAL INC	$5.42	212,000	9.28%	5.17	5.45	6.79	7.84	9.49	43.62	47.43	41.97	86.66	86.31	-0.38	-0.48	0.10	1.39
SGHT	SIGHT SCIENCES INC	$4.21	107,000	-25.17%	4.20	4.18	3.66	3.12	3.76	57.43	33.62	34.92	14.88	10.46	0.15	0.20	-0.04	1.72
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$3.91	54,600	-78.07%	4.89	4.99	5.09	5.19	5.02	41.26	10.63	7.72	6.44	4.16	-0.25	-0.03	-0.22	-0.15
CLPT	CLEARPOINT NEURO INC	$11.70	306,000	-17.96%	11.60	11.99	12.74	13.29	13.52	46.24	36.64	33.19	46.20	42.96	-0.30	-0.31	0.01	1.72
MYO	MYOMO INC	$2.03	404,000	10.68%	2.23	2.54	3.27	4.18	4.63	19.26	7.71	8.21	21.49	27.27	-0.33	-0.32	-0.01	1.30
SENS	SENSEONICS HOLDINGS INC	$0.50	2,511,000	-52.70%	0.49	0.51	0.57	0.66	0.57	44.33	32.75	24.06	60.93	32.43	-0.02	-0.02	0.00	1.77
TNDM	TANDEM DIABETES CARE INC	$16.78	1,096,000	-58.22%	18.78	19.78	20.41	21.26	28.41	27.50	17.19	13.57	0.00	0.00	-0.90	-0.51	-0.38	1.30
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.60	13,771,000	3.70%	1.31	1.26	1.14	1.25	1.56	72.44	83.85	69.16	77.59	51.87	0.08	0.05	0.03	2.35
CVRX	CVRX INC	$6.58	66,000	-65.45%	6.01	6.08	6.44	8.97	10.90	55.67	73.91	52.71	96.10	80.32	-0.12	-0.23	0.11	1.55
QIPT	QUIPT HOME MEDICAL CORP	$1.78	110,000	-69.78%	1.85	1.93	1.93	2.17	2.48	43.56	6.29	5.60	11.15	5.41	-0.04	-0.02	-0.02	0.56
SRTS	SENSUS HEALTHCARE INC	$4.66	36,600	0.27%	4.73	4.83	4.69	4.78	5.93	44.96	26.61	29.88	24.57	26.43	-0.02	0.01	-0.03	0.94
OFIX	ORTHOFIX MEDICAL INC	$11.12	161,000	-53.74%	10.96	10.96	11.79	14.04	15.71	47.51	65.31	64.26	93.68	96.41	-0.18	-0.30	0.11	0.99
TIVC	TIVIC HEALTH SYSTEMS INC	$3.99	10,700	-11.57%	3.89	3.87	4.31	4.65	4.64	50.40	54.67	61.22	58.38	67.21	-0.06	-0.10	0.04	0.97
BJDX	BLUEJAY DIAGNOSTICS INC	$1.63	10,100	-81.64%	1.62	1.69	1.74	2.68	3.70	45.75	48.20	43.46	55.09	63.91	-0.07	-0.08	0.01	0.65
VERO	VENUS CONCEPT INC	$2.57	241,000	-63.87%	2.37	2.48	2.43	2.87	3.70	52.84	74.10	60.20	83.23	79.57	0.01	-0.04	0.05	2.64
VVOS	VIVOS THERAPEUTICS INC	$4.43	994,000	-12.50%	3.37	2.79	2.67	2.90	3.26	80.66	75.97	69.27	98.74	92.81	0.39	0.20	0.19	0.92
MGRM	MONOGRAM TECHNOLOGIES INC	$2.90	37,400	42.75%	2.88	2.78	2.73	2.68	2.58	59.59	67.35	66.99	54.62	56.83	0.07	0.06	0.01	1.13
BBNX	BETA BIONICS INC	$13.52	121,000	-84.41%	15.04	17.04	15.17	15.39	N/A	33.99	9.24	8.57	1.65	1.86	-0.59	0.01	-0.60	1.94
TLSI	TRISALUS LIFE SCIENCES INC	$5.07	30,700	-57.36%	5.23	5.31	5.30	5.40	4.93	45.72	21.58	34.37	16.84	28.80	-0.06	-0.03	-0.03	0.15
NAOV	NANOVIBRONIX INC	$0.93	245,000	-55.45%	0.94	0.96	2.11	3.24	4.87	39.36	18.64	19.63	55.98	63.52	-0.27	-0.37	0.10	0.72
NNOX	NANO-X IMAGING LTD	$5.32	444,000	-57.31%	5.19	5.24	5.24	5.45	6.12	52.95	71.52	57.24	71.22	54.95	-0.00	-0.01	0.01	1.77
PROF	PROFOUND MEDICAL CORP	$5.98	13,800	-0.72%	6.08	6.22	5.46	5.84	6.68	50.62	16.50	15.86	11.59	8.66	0.14	0.22	-0.08	0.98
CATX	PERSPECTIVE THERAPEUTICS INC	$3.68	511,000	-28.93%	3.64	3.49	2.90	2.66	5.09	57.82	29.29	28.41	14.86	8.08	0.20	0.25	-0.05	1.13
QTRX	QUANTERIX CORP	$6.98	384,000	-11.11%	6.50	6.24	5.67	6.26	8.98	64.89	85.61	80.87	89.36	78.69	0.35	0.28	0.07	1.87

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.