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 86th 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	$11.67	427,000	47.75%	11.76	11.89	12.21	12.77	15.36	44.21	53.52	56.69	74.26	82.23	-0.12	-0.15	0.03	0.90
SNN	SMITH & NEPHEW PLC	$30.93	547,000	22.65%	31.00	30.55	29.89	28.78	27.42	54.35	76.52	82.40	58.85	69.30	0.45	0.39	0.06	0.74
ELMD	ELECTROMED INC	$18.69	39,000	1.83%	18.66	19.17	20.12	21.68	25.12	41.28	28.31	25.73	80.42	75.43	-0.52	-0.56	0.04	0.47
VREX	VAREX IMAGING CORP	$7.45	276,000	7.39%	7.63	7.96	8.05	8.85	11.40	40.52	34.45	37.80	61.62	62.99	-0.16	-0.14	-0.02	1.06
EW	EDWARDS LIFESCIENCES CORP	$81.16	5,832,000	-8.32%	77.84	77.53	76.87	74.46	72.82	64.76	61.56	52.29	84.31	74.01	0.82	0.42	0.40	0.89
STE	STERIS PLC	$229.27	408,000	-6.85%	226.39	228.89	236.94	230.91	224.39	47.45	56.82	51.66	82.39	85.20	-2.39	-2.92	0.53	0.76
BSX	BOSTON SCIENTIFIC CORP	$106.76	7,166,000	12.81%	105.44	104.48	103.77	101.56	97.75	58.97	62.72	61.54	60.41	59.11	0.85	0.62	0.24	0.75
LIVN	LIVANOVA PLC	$44.01	801,000	1.14%	43.30	44.30	44.66	41.63	45.46	49.14	36.95	32.39	66.71	51.53	-0.33	-0.33	-0.01	0.90
DXCM	DEXCOM INC	$89.06	4,508,000	85.90%	86.72	85.42	84.97	78.71	79.06	64.13	91.64	94.28	93.95	97.43	1.35	0.85	0.50	1.20
BVS	BIOVENTUS INC	$6.54	997,000	256.07%	6.45	6.70	6.66	7.43	9.28	46.72	24.34	22.99	41.77	34.61	-0.08	-0.07	-0.01	1.20
MASI	MASIMO CORP	$156.02	862,000	76.64%	159.43	161.70	162.36	161.65	164.31	41.87	37.59	51.19	54.76	70.21	-1.24	-0.95	-0.29	1.10
VMD	VIEMED HEALTHCARE INC	$6.18	304,000	19.69%	6.37	6.63	6.69	6.87	7.65	33.63	13.82	10.29	26.93	17.12	-0.16	-0.11	-0.05	0.68
IRMD	IRADIMED CORP	$58.37	41,300	39.53%	56.98	58.11	57.99	55.13	55.07	53.20	52.17	36.50	76.59	50.46	-0.33	-0.30	-0.03	0.83
ARAY	ACCURAY INC	$1.34	483,000	-19.10%	1.36	1.37	1.40	1.52	1.77	46.07	46.67	48.15	45.75	51.39	-0.00	-0.01	0.00	1.39
SIBN	SI-BONE INC	$17.80	371,000	34.42%	17.28	17.58	18.05	16.50	15.66	52.51	56.85	48.25	77.64	62.10	-0.08	-0.15	0.07	1.19
MDT	MEDTRONIC PLC	$91.64	5,424,000	16.72%	91.38	90.19	87.44	87.01	87.21	62.10	77.77	84.61	34.58	59.85	1.39	1.28	0.11	0.61
SYK	STRYKER CORP	$400.41	1,077,000	11.03%	396.36	394.09	387.62	377.76	377.78	59.95	78.08	79.40	72.51	77.16	3.82	3.20	0.62	0.89
BWAY	BRAINSWAY LTD	$11.75	14,800	-22.11%	11.89	12.29	11.63	10.41	10.20	46.07	21.27	19.69	24.02	19.69	0.01	0.13	-0.12	0.84
DCTH	DELCATH SYSTEMS INC	$10.93	461,000	-17.53%	11.26	11.64	13.97	13.32	12.88	33.71	12.38	19.50	62.92	74.46	-0.72	-0.78	0.06	0.89
SNWV	SANUWAVE HEALTH INC	$35.99	29,500	48.99%	36.82	35.54	32.28	31.74	N/A	53.27	42.65	51.75	9.18	20.22	1.09	1.34	-0.25	0.65
PEN	PENUMBRA INC	$254.21	1,200,000	73.16%	232.94	238.14	251.47	265.26	256.57	61.08	36.73	23.95	78.52	77.94	-4.94	-6.73	1.79	1.01
ITGR	INTEGER HOLDINGS CORP	$108.76	545,000	-21.01%	111.05	115.21	118.13	118.45	126.60	35.52	18.51	16.49	21.90	16.21	-2.98	-2.18	-0.80	0.95
GMED	GLOBUS MEDICAL INC	$53.45	1,249,000	19.75%	54.24	55.84	57.92	64.32	73.48	38.82	31.63	33.45	65.49	67.31	-1.48	-1.42	-0.06	0.97
QDEL	QUIDELORTHO CORP	$24.29	1,397,000	-22.65%	25.91	27.87	29.03	30.35	35.91	33.71	5.38	12.71	19.87	29.58	-1.14	-0.89	-0.25	0.80
AXGN	AXOGEN INC	$13.20	1,594,000	-69.89%	12.67	12.14	11.22	13.72	14.79	63.27	66.28	73.95	66.93	73.22	0.57	0.42	0.16	1.26
BIO	BIO-RAD LABORATORIES INC	$250.08	424,000	37.66%	252.50	252.02	239.89	242.21	286.69	51.36	48.02	62.99	18.53	42.30	3.60	4.03	-0.43	0.96
PHG	KONINKLIJKE PHILIPS NV	$26.81	2,321,000	-26.48%	25.71	24.95	23.94	24.37	25.71	64.39	77.51	85.58	67.64	79.51	0.78	0.53	0.26	0.91
INSP	INSPIRE MEDICAL SYSTEMS INC	$131.21	367,000	-0.54%	129.00	129.96	133.46	145.35	167.68	50.34	36.07	29.51	67.18	53.32	-1.11	-1.68	0.56	1.33
ALGN	ALIGN TECHNOLOGY INC	$203.57	2,513,000	113.51%	199.46	198.36	188.43	179.35	197.62	59.86	87.36	91.22	66.44	67.02	4.46	3.87	0.59	1.56
INMD	INMODE LTD	$13.90	2,132,000	75.76%	14.33	14.62	14.37	15.30	16.63	41.84	26.94	35.79	32.37	42.66	-0.04	0.01	-0.05	1.66
TMDX	TRANSMEDICS GROUP INC	$107.70	2,163,000	95.39%	107.43	114.53	124.49	103.93	91.66	39.72	26.02	25.84	57.01	45.51	-5.41	-4.78	-0.63	1.58
PODD	INSULET CORP	$298.27	541,000	45.04%	287.97	291.70	304.85	284.26	273.84	55.06	69.03	55.70	98.07	94.33	-2.90	-4.13	1.23	1.15
ZBH	ZIMMER BIOMET HOLDINGS INC	$93.32	1,755,000	26.99%	95.32	94.63	93.35	98.59	102.69	45.83	40.64	62.50	30.78	58.87	0.54	0.55	-0.01	0.69
AHCO	ADAPTHEALTH CORP	$9.13	997,000	24.78%	9.34	9.30	9.07	9.15	9.60	48.03	64.04	70.92	42.43	50.84	0.08	0.10	-0.02	1.05
ABT	ABBOTT LABORATORIES	$128.55	5,355,000	-8.19%	125.53	129.25	132.13	131.00	125.66	47.12	53.52	47.52	85.87	76.08	-1.77	-1.86	0.08	0.57
CNMD	CONMED CORP	$50.14	656,000	57.69%	49.39	50.67	53.51	54.93	61.69	45.52	40.28	39.72	83.18	84.32	-1.00	-1.24	0.24	1.11
NPCE	NEUROPACE INC	$8.76	157,000	-12.29%	9.07	9.49	11.48	11.71	11.18	29.89	7.61	7.24	19.15	25.27	-0.65	-0.69	0.03	0.90
AORT	ARTIVION INC	$31.57	561,000	116.60%	31.04	31.17	30.18	27.43	27.96	57.94	47.50	43.48	47.01	36.59	0.35	0.40	-0.05	1.04
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$10.15	150,000	-1.32%	10.14	10.07	10.06	11.49	13.96	49.81	68.03	76.92	77.39	86.48	0.03	-0.03	0.06	1.07
RPID	RAPID MICRO BIOSYSTEMS INC	$3.78	81,500	-47.08%	3.81	3.61	3.50	2.97	2.25	54.24	55.60	65.29	47.98	62.47	0.15	0.12	0.03	1.19
IRTC	IRHYTHM TECHNOLOGIES INC	$140.08	417,000	57.95%	135.60	136.42	142.11	126.41	109.10	53.38	68.63	57.12	98.27	87.79	-1.49	-1.87	0.39	1.28
CERS	CERUS CORP	$1.31	1,185,000	14.94%	1.37	1.42	1.38	1.38	1.56	42.36	7.20	10.46	3.03	9.07	-0.02	-0.00	-0.01	1.71
INGN	INOGEN INC	$6.55	199,000	3.11%	6.59	6.84	6.69	6.87	8.30	44.55	30.57	34.73	45.72	45.80	-0.06	-0.04	-0.02	1.15
BRKR	BRUKER CORP	$40.90	1,863,000	-15.13%	40.64	41.55	39.78	40.33	48.54	49.88	76.29	76.20	66.38	68.13	0.30	0.31	-0.02	1.08
RSLS	RESHAPE LIFESCIENCES INC	$2.53	194,000	33.79%	2.78	2.64	3.28	7.55	58.14	43.61	8.87	11.56	24.31	25.50	-0.24	-0.29	0.06	0.82
MDAI	SPECTRAL AI INC	$2.46	293,000	-47.40%	2.56	2.68	2.21	1.77	1.78	48.97	27.72	32.96	12.32	18.86	0.08	0.14	-0.05	0.36
GKOS	GLAUKOS CORP	$94.05	2,437,000	112.10%	95.72	99.21	98.09	96.35	119.13	38.21	13.05	13.65	4.24	3.12	-1.46	-0.61	-0.85	1.21
CV	CAPSOVISION INC	$4.11	71,500	-16.86%	4.36	4.40	N/A	N/A	N/A	77.43	35.39	28.19	N/A	N/A	N/A	N/A	N/A	5.00
MASS	908 DEVICES INC	$6.81	249,000	3.75%	7.07	6.92	6.62	5.58	4.13	48.56	52.00	70.46	39.71	68.36	0.13	0.15	-0.02	1.76
ATEC	ALPHATEC HOLDINGS INC	$10.73	1,197,000	-13.45%	10.73	10.91	11.46	11.10	10.29	44.94	43.04	40.98	75.68	74.05	-0.15	-0.19	0.04	1.25
ANIK	ANIKA THERAPEUTICS INC	$8.10	761,000	774.71%	10.83	11.03	11.15	12.82	15.50	26.72	37.97	55.37	38.29	57.31	-0.26	-0.11	-0.15	0.81
BFLY	BUTTERFLY NETWORK INC	$1.81	2,233,000	-16.77%	1.93	1.90	2.12	2.27	2.75	40.13	26.32	37.43	41.44	52.86	-0.05	-0.07	0.01	2.02
CBLL	CERIBELL INC	$14.92	270,000	80.00%	15.28	16.10	17.13	17.49	N/A	33.77	15.82	13.02	15.96	18.19	-0.72	-0.62	-0.10	1.55
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$12.37	1,280,000	37.19%	12.35	12.56	12.62	15.47	19.25	47.74	68.08	71.69	82.60	92.03	-0.03	-0.13	0.10	0.98
TMCI	TREACE MEDICAL CONCEPTS INC	$5.54	291,000	-9.91%	5.75	5.90	5.90	6.69	7.29	40.28	8.08	12.20	13.36	21.37	-0.09	-0.07	-0.03	1.28
UFPT	UFP TECHNOLOGIES INC	$232.07	55,000	-43.30%	235.37	239.07	238.50	225.50	250.36	45.73	38.88	45.03	51.19	56.98	-0.67	-0.43	-0.24	0.91
NUWE	NUWELLIS INC	$10.59	180,000	202.52%	13.13	10.81	17.72	29.85	43.64	41.29	22.78	25.92	55.20	60.52	-1.12	-1.60	0.48	0.96
PTHL	PHETON HOLDINGS LTD	$1.10	17,452,000	80.72%	20.39	20.24	15.61	9.63	6.74	26.20	31.46	61.01	33.33	66.67	-0.42	1.84	-2.26	0.38
SRDX	SURMODICS INC	$37.43	258,000	-23.44%	33.59	32.06	30.37	29.58	33.49	81.85	87.08	87.12	100.00	96.95	1.80	1.10	0.69	0.85
ECOR	ELECTROCORE INC	$7.02	45,200	-14.07%	7.25	7.07	5.97	6.54	10.23	53.54	28.60	38.92	3.60	10.91	0.35	0.42	-0.07	0.81
SSII	SS INNOVATIONS INTERNATIONAL INC	$7.05	33,000	-66.33%	7.60	6.43	6.16	N/A	N/A	52.86	60.66	61.37	55.74	57.46	0.36	0.27	0.09	-1.53
NVCR	NOVOCURE LTD	$10.97	3,183,000	33.35%	13.97	15.74	16.91	17.44	20.13	19.87	0.65	2.09	0.00	0.00	-1.53	-0.89	-0.64	1.37
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$41.96	298,000	13.31%	42.45	43.60	40.04	37.43	39.01	49.80	11.05	14.40	9.52	10.15	0.52	1.02	-0.50	1.55
NVNO	ENVVENO MEDICAL CORP	$4.84	46,500	-43.98%	5.00	4.56	4.18	3.53	3.39	57.01	57.68	62.20	36.33	47.46	0.26	0.25	0.01	0.93
MYO	MYOMO INC	$1.97	398,000	-27.50%	2.06	2.07	2.51	3.56	4.47	33.48	27.10	36.66	54.94	68.28	-0.14	-0.17	0.03	1.29
ALUR	ALLURION TECHNOLOGIES INC	$2.73	42,700	-28.24%	3.02	2.91	2.75	2.68	6.14	45.57	20.81	39.60	4.11	10.67	0.07	0.11	-0.03	0.35
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$1.26	124,000	-52.49%	1.36	1.35	0.95	0.80	0.96	52.78	32.48	41.39	0.00	4.73	0.10	0.14	-0.04	1.17
BSGM	BIOSIG TECHNOLOGIES INC	$4.52	649,000	8.71%	5.01	6.14	6.20	3.58	2.40	41.75	15.22	12.07	17.14	16.84	-0.54	-0.34	-0.20	1.04
LUNG	PULMONX CORP	$3.15	508,000	38.42%	3.24	2.99	3.00	4.31	5.52	52.28	40.77	45.94	34.72	42.02	0.07	0.04	0.03	1.33
OM	OUTSET MEDICAL INC	$16.90	519,000	66.88%	17.95	18.89	19.19	15.34	14.08	40.51	14.24	21.26	23.28	31.35	-0.42	-0.21	-0.21	1.36
XAIR	BEYOND AIR INC	$3.01	124,000	-27.91%	3.23	3.42	3.65	4.17	6.27	39.95	13.04	17.81	11.09	14.28	-0.18	-0.15	-0.03	0.95
RCEL	AVITA MEDICAL INC	$5.36	254,000	-5.58%	5.65	5.59	5.69	7.19	9.05	44.80	45.84	54.70	41.28	52.30	-0.01	-0.05	0.04	1.40
TNON	TENON MEDICAL INC	$1.01	138,000	-9.80%	1.08	1.05	1.03	1.17	1.73	45.72	29.95	38.90	12.24	18.76	0.01	0.02	-0.00	1.06
AIMD	AINOS INC	$2.61	112,000	8.74%	2.65	2.86	2.84	2.74	2.73	44.86	20.31	17.21	24.77	13.98	-0.08	-0.04	-0.04	299.47
MXCT	MAXCYTE INC	$2.11	419,000	37.83%	2.19	2.20	2.22	2.49	3.24	44.00	40.95	54.60	48.65	63.00	-0.02	-0.02	0.00	1.44
CTKB	CYTEK BIOSCIENCES INC	$3.55	1,383,000	73.53%	3.41	3.44	3.22	3.50	4.68	55.00	78.74	81.45	78.79	85.08	0.07	0.04	0.03	1.43
VVOS	VIVOS THERAPEUTICS INC	$4.52	69,500	-51.40%	5.25	5.51	3.70	3.28	3.51	45.68	2.79	8.11	0.68	0.23	0.30	0.58	-0.28	0.91
TNDM	TANDEM DIABETES CARE INC	$16.67	1,433,000	-22.41%	15.78	15.94	18.69	18.94	26.00	48.38	87.30	76.87	96.79	95.29	-0.65	-0.96	0.32	1.30
PRCT	PROCEPT BIOROBOTICS CORP	$51.35	2,393,000	112.15%	56.68	57.27	58.60	57.11	68.77	33.18	18.73	30.52	0.00	6.53	-1.14	-0.50	-0.64	1.29
SRTS	SENSUS HEALTHCARE INC	$5.29	73,000	13.35%	4.97	4.72	4.78	4.69	5.82	61.30	65.73	71.50	77.94	83.45	0.17	0.06	0.11	0.95
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.49	5,668,000	-29.23%	1.53	1.51	1.28	1.25	1.54	52.55	50.41	53.12	31.65	39.32	0.07	0.08	-0.01	2.36
OFIX	ORTHOFIX MEDICAL INC	$11.36	273,000	-16.26%	11.16	11.09	11.10	12.84	15.30	53.92	80.66	77.84	87.60	83.55	0.05	-0.03	0.08	0.99
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$2.09	204,000	-20.93%	2.43	3.00	4.14	4.81	4.47	30.11	14.67	13.56	17.56	12.87	-0.67	-0.61	-0.06	-0.15
QIPT	QUIPT HOME MEDICAL CORP	$2.21	175,000	-50.42%	2.16	2.01	1.94	2.05	2.41	61.28	72.50	78.21	59.76	67.02	0.08	0.06	0.02	0.56
CATX	PERSPECTIVE THERAPEUTICS INC	$3.88	535,000	-20.74%	4.14	3.97	3.48	2.88	4.29	50.76	29.39	42.71	4.96	14.46	0.17	0.22	-0.06	1.17
BBLG	BONE BIOLOGICS CORP	$2.77	48,600	-52.82%	2.93	3.01	5.14	4.84	5.99	41.97	23.47	32.44	34.97	54.57	-0.57	-0.67	0.10	0.95
CLPT	CLEARPOINT NEURO INC	$10.66	321,000	-13.48%	11.09	11.37	11.84	12.38	13.51	39.43	9.09	14.97	8.28	16.44	-0.30	-0.25	-0.05	1.73
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$7.62	53,400	-29.74%	8.48	8.55	60.53	158.25	299.82	24.44	13.52	15.27	91.03	92.42	-12.14	-16.68	4.53	1.07
KIDS	ORTHOPEDIATRICS CORP	$21.68	188,000	6.82%	22.48	22.27	21.61	22.33	23.56	46.21	29.69	44.06	5.02	17.55	0.21	0.28	-0.07	1.19
SGHT	SIGHT SCIENCES INC	$3.45	100,000	-5.66%	3.53	3.58	3.79	3.29	3.51	43.79	31.16	32.84	51.83	54.66	-0.09	-0.09	-0.01	1.73
ICCM	ICECURE MEDICAL LTD	$1.04	742,000	-42.08%	1.02	1.03	1.02	1.10	1.05	52.49	36.51	37.05	66.89	57.44	0.00	-0.00	0.00	0.73
NAOV	NANOVIBRONIX INC	$0.86	307,000	-17.91%	0.93	0.94	0.99	2.66	4.34	37.38	39.12	42.16	13.55	13.01	-0.09	-0.11	0.02	0.74
SMLR	SEMLER SCIENTIFIC INC	$35.91	551,000	-17.14%	39.28	40.87	38.70	36.90	43.21	41.07	10.61	14.74	5.44	5.44	-0.25	0.61	-0.86	1.51
CVRX	CVRX INC	$8.26	332,000	41.28%	8.28	7.64	6.84	7.91	10.82	61.30	74.84	76.22	25.88	30.55	0.50	0.46	0.04	1.56
RXST	RXSIGHT INC	$7.98	984,000	10.81%	7.68	8.76	12.35	15.52	27.26	31.01	60.77	49.59	95.53	81.98	-1.37	-1.57	0.20	1.25
NNOX	NANO-X IMAGING LTD	$4.79	1,366,000	10.88%	5.15	5.15	5.20	5.20	6.03	38.34	15.48	27.77	12.46	28.54	-0.05	-0.02	-0.03	1.77
BBNX	BETA BIONICS INC	$16.76	3,048,000	341.10%	14.55	13.87	15.70	14.17	N/A	63.62	77.23	74.77	84.47	82.46	-0.02	-0.38	0.36	1.94
HYPR	HYPERFINE INC	$1.02	284,000	-12.35%	1.04	0.91	0.79	0.77	0.89	59.22	67.42	72.98	42.53	55.89	0.09	0.08	0.01	1.15
QTRX	QUANTERIX CORP	$6.09	686,000	16.07%	5.73	5.94	5.82	5.92	8.34	52.62	74.83	66.07	80.21	76.23	-0.01	-0.05	0.04	1.88
INBS	INTELLIGENT BIO SOLUTIONS INC	$1.55	117,000	27.87%	1.89	1.85	1.72	1.62	1.63	40.78	6.14	8.30	4.31	2.42	-0.01	0.05	-0.06	1.24

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: F, Sentiment: A, Safety: C, Financials: B, and AI: B.

Avanos Medical (NYSE:AVNS) has a Due Diligence Score of 24, which is -3 points lower than the medical device industry average of 27. Although this number is below the industry average, our proven quant model rates AVNS as a "A".

AVNS passed 7 out of 33 due diligence checks and has weak fundamentals. Avanos Medical has seen its stock lose -49.17% over the past year, underperforming other medical device stocks by -26 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 7.55% over the past year, overperforming other medical device stocks by 30 percentage points.

Smith & Nephew has an average 1 year price target of $27.50, a downside of -11.09% from Smith & Nephew's current stock price of $30.93.

Smith & Nephew stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Smith & Nephew, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Electromed (NYSEMKT:ELMD)

Electromed (NYSEMKT:ELMD) is the #3 top medical device stock out of 140 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

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

ELMD passed 15 out of 33 due diligence checks and has strong fundamentals. Electromed has seen its stock return 18.29% over the past year, overperforming other medical device stocks by 41 percentage points.

Electromed has an average 1 year price target of $29.00, an upside of 55.16% from Electromed's current stock price of $18.69.

Electromed stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Electromed, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the medical device stocks with highest dividends?

Out of 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 2.42%, which is 1 percentage points higher than the medical device industry average of 1.14%. 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 1.53%, which is the same as the medical device industry average of 1.14%. 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 1.35%, which is the same as the medical device industry average of 1.14%. Abbott Laboratories's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Abbott Laboratories's dividend has shown consistent growth over the last 10 years.

Abbott Laboratories's dividend payout ratio of 29% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks up?

Medical device stocks were up 0.33% in the last day, and down -1.55% over the last week. Beta Bionics was the among the top gainers in the medical devices industry, gaining 14.32% yesterday.

Beta Bionics shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY25 sales guidance above estimates. Additionally, Baird raised its price target on the stock from $15 to $17.

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 -22.3% in the past year. It has performed in line with other stocks in the medical device industry.

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 -27.88% in the past year. It has underperformed other stocks in the medical device industry by -5 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 -19.98% 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?

56.19% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 31.15% over the next year.

3.74% of medical device stocks have a Zen Rating of A (Strong Buy), 14.95% of medical device stocks are rated B (Buy), 52.34% are rated C (Hold), 26.17% are rated D (Sell), and 2.8% 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 35.12x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Medical Device Stocks FAQ

1. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. 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. Electromed (NYSEMKT:ELMD)

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.