Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2026)
Top medical device stocks in 2026 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 72nd 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
VREX	VAREX IMAGING CORP	$13.94	332,000	-13.54%	13.96	13.49	12.36	12.09	10.35	63.32	63.94	69.49	1.05	8.47	0.49	0.51	-0.02	1.11
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$28.86	181,000	28.37%	29.43	29.70	28.36	22.35	16.79	48.08	14.65	15.07	4.91	4.03	0.18	0.50	-0.33	1.08
BVS	BIOVENTUS INC	$7.93	209,000	10.00%	7.91	7.82	7.58	7.28	7.09	54.79	35.65	38.02	17.04	14.12	0.10	0.12	-0.02	1.19
SNN	SMITH & NEPHEW PLC	$34.14	873,000	6.72%	33.36	33.32	33.05	34.47	32.76	58.14	81.95	83.38	84.69	82.15	0.18	0.05	0.13	0.70
GMED	GLOBUS MEDICAL INC	$90.68	1,063,000	-1.76%	92.54	92.22	89.56	76.16	68.37	49.57	26.21	26.44	3.37	2.80	0.96	1.56	-0.59	0.99
STE	STERIS PLC	$262.60	1,018,000	167.19%	261.95	260.81	259.03	252.58	244.25	54.20	45.57	47.47	23.07	25.83	1.39	1.50	-0.11	0.76
ELMD	ELECTROMED INC	$29.87	29,600	96.03%	28.41	28.43	28.14	26.37	23.59	60.80	81.56	71.11	91.58	82.47	0.23	0.13	0.10	0.45
LIVN	LIVANOVA PLC	$65.71	1,094,000	84.80%	63.80	63.38	62.42	58.02	51.72	62.59	86.10	79.48	81.04	69.78	0.73	0.58	0.15	0.92
AXGN	AXOGEN INC	$34.85	1,346,000	91.19%	33.30	32.56	31.07	24.97	19.00	63.41	78.74	80.11	80.79	84.15	0.99	0.85	0.14	1.22
AVNS	AVANOS MEDICAL INC	$13.32	408,000	-15.70%	12.91	12.36	11.84	11.71	11.88	68.20	82.75	83.88	76.85	81.43	0.41	0.34	0.07	0.91
AHCO	ADAPTHEALTH CORP	$10.05	957,000	27.77%	10.19	10.27	10.01	9.61	9.30	47.69	22.71	19.91	20.30	11.09	-0.03	0.06	-0.09	1.06
VMD	VIEMED HEALTHCARE INC	$7.67	174,000	16.00%	7.43	7.36	7.17	6.93	6.86	63.03	71.69	63.20	48.51	35.50	0.09	0.08	0.01	0.67
AORT	ARTIVION INC	$40.77	614,000	59.90%	42.51	43.27	44.72	43.72	37.85	30.92	6.42	7.86	5.47	7.09	-1.06	-0.76	-0.30	1.04
MASI	MASIMO CORP	$137.33	630,000	14.96%	140.57	137.90	138.56	142.18	149.80	48.26	41.25	44.11	34.92	38.56	0.34	0.49	-0.15	1.11
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$11.14	776,000	12.14%	11.65	12.27	12.61	13.28	13.41	35.08	8.87	4.70	11.31	5.23	-0.47	-0.31	-0.16	1.03
ALGN	ALIGN TECHNOLOGY INC	$163.03	932,000	26.46%	167.14	167.42	159.24	146.03	159.57	47.00	17.71	22.61	0.00	1.10	1.69	3.00	-1.31	1.57
DXCM	DEXCOM INC	$73.04	3,826,000	-24.91%	72.66	70.84	67.28	67.07	74.16	61.77	75.45	76.32	64.29	73.26	1.84	1.70	0.14	1.15
IRMD	IRADIMED CORP	$97.88	66,000	5.60%	100.79	99.91	96.56	86.27	73.19	47.00	22.04	28.23	5.98	3.96	0.94	1.63	-0.70	0.89
BIO	BIO-RAD LABORATORIES INC	$293.70	173,000	-50.14%	302.50	311.53	311.14	306.78	279.51	34.98	16.74	15.48	7.11	9.40	-4.35	-1.88	-2.47	0.96
ZBH	ZIMMER BIOMET HOLDINGS INC	$87.07	1,826,000	-14.55%	86.69	89.09	90.89	94.57	95.62	42.70	16.93	12.20	22.85	12.40	-1.48	-1.33	-0.15	0.65
SNWV	SANUWAVE HEALTH INC	$26.59	53,400	44.32%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.70
DCTH	DELCATH SYSTEMS INC	$9.91	392,000	-18.50%	10.29	10.30	9.96	10.20	11.54	43.95	8.31	13.66	0.00	3.54	0.01	0.09	-0.08	0.92
PODD	INSULET CORP	$255.81	1,188,000	-8.69%	271.38	279.09	294.30	308.72	304.87	26.35	4.13	5.69	1.55	0.52	-9.56	-7.17	-2.39	1.13
ATEC	ALPHATEC HOLDINGS INC	$14.83	3,356,000	-19.33%	15.92	17.89	19.59	17.86	15.23	28.21	5.49	4.60	8.67	8.01	-1.43	-1.13	-0.30	1.23
EW	EDWARDS LIFESCIENCES CORP	$81.36	3,693,000	-9.84%	83.36	83.90	84.71	81.49	79.27	38.13	15.45	25.88	0.00	16.19	-0.69	-0.35	-0.34	0.87
ANIK	ANIKA THERAPEUTICS INC	$9.23	159,000	31.40%	9.29	9.42	9.52	9.44	10.27	42.83	24.45	16.38	16.09	6.26	-0.10	-0.07	-0.03	0.80
CERS	CERUS CORP	$2.33	948,000	10.49%	2.47	2.36	2.10	1.80	1.57	51.18	37.86	42.99	0.56	6.15	0.09	0.13	-0.04	1.78
BSX	BOSTON SCIENTIFIC CORP	$93.53	14,303,000	-24.92%	92.16	93.89	95.40	97.50	100.52	48.28	50.83	48.42	76.38	68.97	-0.84	-1.00	0.16	0.70
PHG	KONINKLIJKE PHILIPS NV	$28.70	626,000	8.87%	29.22	29.19	27.96	27.99	26.47	49.32	31.41	41.71	7.96	15.11	0.35	0.47	-0.12	0.93
GKOS	GLAUKOS CORP	$119.38	761,000	1.06%	121.91	116.77	111.76	97.89	96.21	54.01	73.99	75.17	57.54	61.22	3.08	3.24	-0.16	1.20
MDT	MEDTRONIC PLC	$102.96	8,580,000	-15.27%	100.40	99.24	99.74	97.12	92.47	65.12	87.20	81.93	92.56	88.38	0.90	0.49	0.41	0.57
ITGR	INTEGER HOLDINGS CORP	$86.86	720,000	20.20%	86.10	84.13	77.62	84.27	99.98	68.21	80.35	78.22	22.44	13.52	2.40	2.51	-0.12	0.92
NPCE	NEUROPACE INC	$15.13	164,000	15.49%	16.24	16.37	16.07	13.44	12.22	39.40	7.65	10.04	0.00	0.00	-0.05	0.19	-0.24	0.95
APYX	APYX MEDICAL CORP	$4.02	29,500	-42.94%	3.99	3.82	3.82	3.33	2.56	56.25	70.35	75.59	51.89	66.12	0.10	0.07	0.02	1.30
SYK	STRYKER CORP	$369.56	3,320,000	49.28%	359.33	359.91	359.66	365.50	374.37	59.75	44.51	34.35	41.87	21.05	0.29	-0.04	0.33	0.86
SIBN	SI-BONE INC	$16.58	443,000	-12.28%	16.87	18.12	18.91	17.13	17.06	32.80	9.00	9.09	5.69	6.52	-0.72	-0.57	-0.15	1.18
IRTC	IRHYTHM TECHNOLOGIES INC	$154.51	767,000	2.13%	159.51	167.77	172.85	175.18	159.28	38.88	9.03	11.08	21.52	16.96	-6.02	-4.27	-1.75	1.24
TMDX	TRANSMEDICS GROUP INC	$133.98	881,000	-26.95%	138.43	137.04	133.66	126.32	121.67	48.11	30.06	37.99	25.75	33.41	1.99	2.46	-0.47	1.63
BWAY	BRAINSWAY LTD	$23.38	78,000	-18.75%	23.82	23.15	19.55	17.68	14.65	56.32	56.90	74.03	5.11	18.22	1.36	1.49	-0.13	0.83
CNMD	CONMED CORP	$38.39	871,000	-54.68%	40.35	41.38	41.34	44.14	48.89	39.15	20.62	14.31	7.83	4.60	-0.77	-0.32	-0.45	1.09
SGHT	SIGHT SCIENCES INC	$6.28	186,000	24.83%	6.21	6.73	7.58	6.00	4.83	37.83	12.99	8.40	29.13	15.03	-0.44	-0.40	-0.04	1.78
CTKB	CYTEK BIOSCIENCES INC	$5.00	848,000	15.22%	5.26	5.36	5.24	4.64	4.07	41.72	7.26	5.55	0.00	0.00	-0.01	0.06	-0.07	1.43
BRKR	BRUKER CORP	$44.29	1,858,000	-53.99%	48.38	49.93	48.04	42.15	39.95	36.60	5.18	7.31	0.24	0.08	-0.50	0.46	-0.96	1.10
INSP	INSPIRE MEDICAL SYSTEMS INC	$75.78	1,347,000	6.06%	84.25	89.91	104.19	91.87	109.48	30.87	9.05	12.76	10.38	17.03	-6.50	-5.40	-1.10	1.33
INMD	INMODE LTD	$15.71	1,352,000	-51.66%	14.74	14.70	14.49	14.75	14.62	62.25	81.41	76.46	87.81	81.12	0.23	0.06	0.18	1.67
QDEL	QUIDELORTHO CORP	$27.17	742,000	-16.54%	29.13	30.98	28.87	28.10	28.22	39.71	13.45	10.92	4.16	2.94	-0.58	0.22	-0.80	0.97
ABT	ABBOTT LABORATORIES	$109.30	17,529,000	11.74%	111.81	118.66	122.93	126.63	129.14	30.18	8.69	7.90	19.49	12.62	-4.93	-3.53	-1.40	0.55
MASS	908 DEVICES INC	$6.31	276,000	-12.10%	6.53	5.97	5.95	6.78	6.48	53.88	50.17	57.59	47.58	58.89	0.21	0.14	0.07	1.74
LNSR	LENSAR INC	$12.73	77,000	366.67%	12.37	12.00	11.46	11.68	12.41	67.76	72.82	74.51	64.67	69.41	0.28	0.24	0.04	0.49
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$68.15	513,000	56.88%	66.78	67.38	69.63	58.46	48.28	50.37	48.50	35.21	77.21	53.00	-0.65	-0.76	0.11	1.64
CBLL	CERIBELL INC	$20.61	277,000	50.54%	21.61	22.06	20.31	16.23	15.91	43.59	7.29	11.69	1.75	3.47	0.16	0.57	-0.41	1.54
OFIX	ORTHOFIX MEDICAL INC	$13.23	246,000	29.47%	13.48	14.35	15.04	15.00	13.63	31.62	9.07	7.68	4.39	2.72	-0.59	-0.48	-0.12	0.99
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$2.26	8,586,000	-5.61%	2.43	2.26	2.16	1.88	1.57	50.51	55.81	65.42	22.24	42.40	0.11	0.11	-0.00	2.48
PROF	PROFOUND MEDICAL CORP	$7.50	83,000	-26.55%	7.79	7.96	7.37	6.42	5.88	46.08	13.26	16.36	0.48	0.72	0.04	0.16	-0.12	1.00
BFLY	BUTTERFLY NETWORK INC	$3.96	4,594,000	-41.32%	4.32	4.27	3.63	2.89	2.44	47.35	17.55	31.03	0.00	3.84	0.18	0.26	-0.09	2.29
LMRI	LUMEXA IMAGING HOLDINGS INC	$12.25	700,000	90.22%	14.11	15.37	N/A	N/A	N/A	17.41	9.60	9.04	0.00	0.00	N/A	N/A	N/A	1.31
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$2.75	489,000	26.68%	3.06	3.15	3.32	7.28	44.03	39.71	16.24	20.72	24.83	38.95	-0.16	-0.17	0.00	1.30
POAS	PHAOS TECHNOLOGY (CAYMAN) HOLDINGS LTD	$3.87	761,000	638.83%	3.43	3.41	3.59	N/A	N/A	59.74	57.56	63.47	71.28	77.73	-0.01	-0.06	0.05	1.15
INGN	INOGEN INC	$5.90	245,000	18.36%	6.06	6.38	6.66	7.43	7.16	35.27	8.66	4.95	9.40	3.28	-0.26	-0.22	-0.04	1.20
NVCR	NOVOCURE LTD	$12.40	1,320,000	60.39%	13.15	13.59	12.97	12.97	14.31	40.14	2.83	5.92	0.44	2.12	-0.14	0.07	-0.21	1.45
HYPR	HYPERFINE INC	$1.12	297,000	-25.75%	1.22	1.14	1.07	1.23	1.06	48.32	51.45	64.32	26.21	48.42	0.04	0.05	-0.00	1.23
PMI	PICARD MEDICAL INC	$1.75	82,000	-13.68%	1.80	1.77	2.10	4.58	N/A	42.74	46.21	51.52	73.12	79.83	-0.13	-0.18	0.05	-0.53
TNDM	TANDEM DIABETES CARE INC	$19.89	1,672,000	-18.00%	20.10	21.02	21.18	17.74	17.48	43.00	17.41	12.87	33.53	20.08	-0.43	-0.22	-0.21	1.36
SRTS	SENSUS HEALTHCARE INC	$5.13	78,000	52.94%	5.06	4.85	4.29	3.85	4.15	62.16	67.24	67.04	25.16	23.45	0.27	0.27	-0.00	0.95
KIDS	ORTHOPEDIATRICS CORP	$17.46	102,000	-8.93%	17.96	18.27	17.99	17.94	19.58	43.68	8.13	4.53	2.68	0.89	-0.12	0.05	-0.17	1.22
PRCT	PROCEPT BIOROBOTICS CORP	$28.96	989,000	13.42%	30.00	31.18	32.04	33.50	43.21	39.34	11.97	17.59	23.40	28.95	-0.91	-0.74	-0.17	1.28
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$1.56	155,000	-11.93%	1.93	2.09	152.26	1,191.91	4,110.40	28.18	13.83	9.91	40.84	51.06	-40.20	-56.08	15.88	0.76
SI	SHOULDER INNOVATIONS INC	$14.16	64,000	22.14%	14.36	14.31	14.73	13.82	N/A	46.24	48.62	49.67	45.73	47.48	-0.09	-0.08	-0.00	1.07
SSII	SS INNOVATIONS INTERNATIONAL INC	$4.23	145,000	92.31%	5.04	5.32	5.68	6.42	N/A	31.73	3.18	2.60	1.33	0.44	-0.37	-0.24	-0.13	0.21
LUNG	PULMONX CORP	$1.64	388,000	125.58%	1.78	1.94	2.02	1.86	2.38	32.86	9.41	11.56	10.28	13.55	-0.12	-0.09	-0.03	1.42
TLSI	TRISALUS LIFE SCIENCES INC	$4.97	131,000	35.05%	5.26	5.63	6.24	5.47	5.24	32.93	6.38	5.47	4.13	6.23	-0.37	-0.29	-0.08	0.18
CV	CAPSOVISION INC	$5.02	348,000	-31.23%	5.78	6.44	8.14	6.42	N/A	32.64	9.24	8.68	11.06	10.45	-1.02	-0.91	-0.11	1.45
ARAY	ACCURAY INC	$0.81	516,000	-14.14%	0.81	0.84	0.92	1.23	1.34	39.06	14.47	15.34	43.97	43.53	-0.04	-0.04	0.00	1.50
QTRX	QUANTERIX CORP	$6.34	512,000	-48.75%	6.85	6.94	6.94	6.18	5.83	42.80	9.92	12.93	6.90	9.92	-0.05	0.04	-0.09	1.93
ECOR	ELECTROCORE INC	$6.66	64,000	300.00%	7.32	6.44	5.46	5.29	5.59	53.65	59.00	73.20	7.54	31.67	0.60	0.60	-0.01	0.84
OM	OUTSET MEDICAL INC	$5.01	192,000	-21.31%	5.18	4.93	4.43	8.76	12.54	50.81	26.72	39.91	1.31	20.40	0.13	0.09	0.04	1.43
MOVE	MOVANO INC	$17.13	190,000	-62.30%	13.96	10.73	9.72	8.39	7.89	67.46	41.77	47.78	70.31	81.98	2.68	1.47	1.21	1.13
MXCT	MAXCYTE INC	$0.91	1,787,000	109.25%	1.12	1.27	1.46	1.52	1.82	16.65	3.36	5.24	0.00	0.00	-0.14	-0.11	-0.03	1.45
RBOT	VICARIOUS SURGICAL INC	$2.20	68,400	-40.00%	2.37	2.52	2.52	4.04	5.97	40.19	5.49	4.46	7.53	3.54	-0.12	-0.09	-0.03	1.48
TMCI	TREACE MEDICAL CONCEPTS INC	$2.32	540,000	-13.04%	2.52	2.64	2.67	4.42	5.39	33.43	4.44	7.36	2.70	4.21	-0.13	-0.11	-0.02	1.28
IVF	INVO FERTILITY INC	$1.37	651,000	-23.86%	1.59	1.23	1.43	3.64	15.87	49.44	17.64	19.08	46.96	49.44	0.03	-0.04	0.07	0.73
INBS	INTELLIGENT BIO SOLUTIONS INC	$8.69	73,000	-39.67%	10.23	11.89	8.59	9.92	12.75	43.94	5.37	5.13	1.53	1.34	0.02	0.72	-0.70	1.22
SENS	SENSEONICS HOLDINGS INC	$7.33	889,000	102.05%	7.25	7.02	6.51	7.31	9.04	56.33	28.15	34.03	14.08	12.06	0.19	0.21	-0.02	1.91
UFPT	UFP TECHNOLOGIES INC	$251.14	198,000	10.61%	256.06	252.94	234.79	219.54	223.90	53.59	20.82	23.05	11.59	4.99	4.88	7.28	-2.40	0.91
ICCM	ICECURE MEDICAL LTD	$0.61	101,000	-78.37%	0.64	0.66	0.67	0.77	0.90	38.08	10.89	10.73	0.00	2.13	-0.01	-0.01	-0.00	0.76
RPID	RAPID MICRO BIOSYSTEMS INC	$4.43	342,000	-17.59%	4.40	3.82	3.74	3.49	3.29	60.68	83.38	79.54	79.47	77.24	0.30	0.21	0.09	1.20
CVRX	CVRX INC	$6.85	264,000	-20.48%	6.66	6.95	7.93	8.43	7.69	45.93	56.30	59.82	78.89	83.64	-0.25	-0.39	0.14	1.56
CLPT	CLEARPOINT NEURO INC	$12.93	581,000	-2.68%	14.08	14.50	14.08	17.02	14.47	40.18	5.80	12.45	0.00	8.48	-0.27	-0.11	-0.16	1.83
LUCD	LUCID DIAGNOSTICS INC	$1.19	1,224,000	36.76%	1.18	1.18	1.12	1.12	1.15	52.94	19.57	22.45	37.79	43.93	0.01	0.02	-0.00	0.79
CATX	PERSPECTIVE THERAPEUTICS INC	$3.79	7,716,000	-90.35%	2.86	2.77	2.60	2.91	3.08	65.57	44.86	49.78	73.17	67.33	0.19	0.05	0.14	1.20
RXST	RXSIGHT INC	$8.69	3,950,000	480.03%	9.43	9.64	10.77	9.84	10.78	32.19	13.84	20.35	30.70	47.60	-0.49	-0.42	-0.07	1.27
NNOX	NANO-X IMAGING LTD	$2.73	1,204,000	-60.58%	3.03	3.02	3.29	3.53	4.23	38.87	17.47	33.34	9.53	27.49	-0.07	-0.06	-0.01	1.88
VVOS	VIVOS THERAPEUTICS INC	$1.62	129,000	0.78%	1.79	2.00	2.07	2.53	3.10	32.86	8.27	9.43	4.98	10.88	-0.14	-0.10	-0.04	0.87
STEX	STREAMEX CORP	$3.58	4,057,000	48.23%	3.45	3.33	3.68	4.46	4.56	52.14	60.50	70.19	75.14	84.44	-0.03	-0.10	0.07	1.19
BBNX	BETA BIONICS INC	$13.83	1,382,000	125.08%	15.97	20.16	26.06	24.81	20.03	21.52	2.06	2.05	1.01	1.29	-3.69	-3.32	-0.37	1.76
ELUT	ELUTIA INC	$1.05	522,000	38.46%	0.96	0.84	0.71	0.84	1.42	71.01	80.84	80.72	88.79	83.71	0.10	0.08	0.02	0.27
MYO	MYOMO INC	$0.84	352,000	-61.61%	0.92	0.96	0.94	0.95	1.76	37.54	14.30	20.21	0.00	7.67	-0.03	-0.01	-0.02	1.34
RCEL	AVITA MEDICAL INC	$4.41	186,000	20.00%	4.24	3.82	3.67	4.17	5.18	67.66	87.49	91.67	79.03	86.94	0.25	0.17	0.09	1.42
MDAI	SPECTRAL AI INC	$1.75	291,000	-42.72%	1.72	1.65	1.58	1.86	1.92	56.51	70.25	80.88	65.95	83.47	0.07	0.04	0.03	0.43
ITOC	ITONIC HOLDINGS LTD	$0.48	236,000	302.73%	0.53	0.52	0.53	0.62	4.76	46.45	13.97	15.36	24.02	25.51	-0.01	0.00	-0.01	0.56

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Feb 2026?

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. Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ:VREX) 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 Varex Imaging (NASDAQ:VREX) is: Value: B, Growth: A, Momentum: C, Sentiment: A, Safety: B, Financials: B, and AI: C.

Varex Imaging (NASDAQ:VREX) has a Due Diligence Score of 20, which is -6 points lower than the medical device industry average of 26. Although this number is below the industry average, our proven quant model rates VREX as a "A".

VREX passed 6 out of 33 due diligence checks and has weak fundamentals. Varex Imaging has seen its stock lose -0.36% over the past year, overperforming other medical device stocks by 85 percentage points.

Varex Imaging has an average 1 year price target of $16.67, an upside of 19.56% from Varex Imaging's current stock price of $13.94.

Varex Imaging stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Varex Imaging, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Tactile Systems Technology (NASDAQ:TCMD)

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

Tactile Systems Technology (NASDAQ:TCMD) has a Due Diligence Score of 50, which is 24 points higher than the medical device industry average of 26.

TCMD passed 16 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 60.69% over the past year, overperforming other medical device stocks by 146 percentage points.

Tactile Systems Technology has an average 1 year price target of $27.00, a downside of -6.44% from Tactile Systems Technology's current stock price of $28.86.

Tactile Systems Technology stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 75% have issued a Strong Buy rating, 0% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Bioventus (NASDAQ:BVS)

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

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 30, which is 4 points higher than the medical device industry average of 26.

BVS passed 10 out of 33 due diligence checks and has average fundamentals. Bioventus has seen its stock lose -25.54% over the past year, overperforming other medical device stocks by 59 percentage points.

What are the medical device stocks with highest dividends?

Out of 6 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 2.23%, which is 1 percentage points higher than the medical device industry average of 1.2%. 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 2.2%, which is 1 percentage points higher than the medical device industry average of 1.2%. 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. Iradimed (NASDAQ:IRMD)

Iradimed (NASDAQ:IRMD) has an annual dividend yield of 1.21%, which is the same as the medical device industry average of 1.2%.

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 0.49% in the last day, and down -1.31% over the last week. Stryker was the among the top gainers in the medical devices industry, gaining 4.31% yesterday.

Stryker shares are trading higher after multiple analyst firms raised their respective price targets on the stock.

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. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) 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.

Conmed has a valuation score of 71, which is 58 points higher than the medical device industry average of 13. It passed 5 out of 7 valuation due diligence checks.

Conmed's stock has dropped -45.82% in the past year. It has overperformed other stocks in the medical device industry by 39 percentage points.

2. Inmode (NASDAQ:INMD)

Inmode (NASDAQ:INMD) 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.

Inmode has a valuation score of 71, which is 58 points higher than the medical device industry average of 13. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -9.03% in the past year. It has overperformed other stocks in the medical device industry by 76 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 16 points higher than the medical device industry average of 13. It passed 2 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -25.54% in the past year. It has overperformed other stocks in the medical device industry by 59 percentage points.

Are medical device stocks a good buy now?

53.19% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 37.73% over the next year.

11.11% of medical device stocks have a Zen Rating of A (Strong Buy), 18.18% of medical device stocks are rated B (Buy), 47.47% are rated C (Hold), 20.2% are rated D (Sell), and 3.03% 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 24.69x.

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 (2026)
Top medical device stocks in 2026 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. Varex Imaging (NASDAQ:VREX)

2. Tactile Systems Technology (NASDAQ:TCMD)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

1. Conmed (NYSE:CNMD)

2. Inmode (NASDAQ:INMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesHealthcareMedical DevicesBest Medical Device Stocks to Buy Now (2026)Top medical device stocks in 2026 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. Varex Imaging (NASDAQ:VREX)

2. Tactile Systems Technology (NASDAQ:TCMD)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

1. Conmed (NYSE:CNMD)

2. Inmode (NASDAQ:INMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2026)
Top medical device stocks in 2026 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.