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 84th 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
BVS	BIOVENTUS INC	$8.92	385,000	0.26%	8.79	8.74	8.31	7.82	7.33	57.12	57.51	49.77	42.26	31.65	0.16	0.17	-0.01	1.18
VMD	VIEMED HEALTHCARE INC	$9.32	401,000	-13.58%	9.21	8.91	8.21	7.54	7.16	58.69	80.45	80.11	56.35	55.63	0.37	0.34	0.03	0.65
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$27.03	259,000	26.96%	27.94	28.59	28.89	26.89	19.48	41.26	24.18	22.26	14.52	10.55	-0.40	-0.16	-0.24	1.09
ELMD	ELECTROMED INC	$23.17	33,000	-5.17%	23.80	23.90	26.34	26.55	24.11	38.81	31.31	31.26	60.30	64.10	-0.75	-0.85	0.10	0.47
ALGN	ALIGN TECHNOLOGY INC	$172.41	1,729,000	28.93%	171.80	179.27	175.95	161.89	159.82	46.29	36.25	25.55	40.01	25.07	-2.17	-0.73	-1.44	1.57
LIVN	LIVANOVA PLC	$62.82	872,000	8.46%	61.92	65.44	64.91	61.81	55.79	45.03	30.18	19.39	37.29	23.30	-1.31	-0.78	-0.53	0.94
VREX	VAREX IMAGING CORP	$11.09	309,000	33.77%	11.33	12.34	13.17	12.46	11.15	30.38	18.28	13.89	37.39	22.84	-0.66	-0.53	-0.13	1.10
STE	STERIS PLC	$216.22	608,000	-0.82%	222.27	235.56	248.55	251.64	245.67	29.54	18.71	15.37	32.35	23.97	-9.64	-7.86	-1.78	0.77
GMED	GLOBUS MEDICAL INC	$86.58	998,000	-2.44%	86.78	89.95	90.48	86.07	72.14	43.50	19.31	12.75	26.90	16.81	-1.20	-0.76	-0.44	0.99
ANIK	ANIKA THERAPEUTICS INC	$14.11	96,000	-1.03%	14.36	13.40	11.21	10.44	10.13	66.12	78.89	81.26	12.49	19.61	1.00	1.07	-0.07	0.80
CNMD	CONMED CORP	$36.71	332,000	-37.36%	38.30	41.71	41.53	42.07	46.75	28.59	9.98	9.17	8.86	8.38	-1.51	-0.82	-0.69	1.09
IRMD	IRADIMED CORP	$99.67	80,600	15.14%	100.20	101.31	100.36	95.23	80.79	47.74	49.56	46.18	42.24	37.05	0.17	0.34	-0.18	0.90
BWAY	BRAINSWAY LTD	$13.44	138,000	-12.66%	13.24	12.60	12.04	10.26	8.53	61.64	70.23	71.98	84.15	90.60	0.55	0.46	0.09	0.84
SNN	SMITH & NEPHEW PLC	$32.93	672,000	114.70%	33.51	34.89	34.42	34.02	33.90	37.26	13.25	12.60	8.25	6.08	-0.54	-0.22	-0.32	0.69
PODD	INSULET CORP	$230.28	743,000	-27.86%	233.67	239.94	255.90	283.04	298.06	39.10	32.78	23.64	56.07	33.16	-7.57	-7.15	-0.41	1.10
DXCM	DEXCOM INC	$67.66	3,987,000	-14.28%	67.25	70.24	70.54	67.27	72.74	44.17	31.07	20.27	39.08	23.79	-1.25	-0.77	-0.48	1.15
SNWV	SANUWAVE HEALTH INC	$21.07	47,000	27.03%	22.17	23.20	25.50	28.42	31.83	30.97	19.14	18.90	35.48	29.25	-1.14	-1.08	-0.06	0.73
SYK	STRYKER CORP	$345.81	2,434,000	-3.37%	352.39	367.69	364.49	362.96	373.10	37.24	32.62	27.17	29.21	20.06	-6.48	-2.88	-3.60	0.85
OFIX	ORTHOFIX MEDICAL INC	$11.86	296,000	-25.25%	12.18	12.74	13.41	14.41	13.68	33.35	9.45	7.43	26.80	17.04	-0.45	-0.39	-0.07	0.99
ATEC	ALPHATEC HOLDINGS INC	$12.56	2,613,000	9.33%	12.58	13.03	14.83	17.41	15.45	40.08	34.67	28.23	82.02	69.74	-0.60	-0.71	0.12	1.24
IRTC	IRHYTHM HOLDINGS INC	$117.33	579,000	-35.16%	119.08	128.55	147.54	162.46	161.02	32.15	13.38	8.36	42.25	21.59	-9.63	-9.43	-0.20	1.26
BSX	BOSTON SCIENTIFIC CORP	$71.28	8,988,000	-29.62%	70.58	72.70	81.56	89.81	96.09	38.68	34.34	26.04	72.03	47.08	-3.03	-3.46	0.43	0.70
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$65.50	558,000	42.71%	66.44	71.17	69.96	68.02	54.36	39.06	16.88	11.83	14.12	7.01	-2.12	-1.13	-0.99	1.65
AXGN	AXOGEN INC	$30.94	959,000	-0.83%	31.06	31.67	32.66	29.99	22.02	45.29	69.41	68.88	86.14	91.31	-0.31	-0.50	0.19	1.20
EW	EDWARDS LIFESCIENCES CORP	$82.61	3,511,000	N/A	83.75	83.73	82.54	83.46	80.37	48.52	43.73	42.42	21.96	20.25	0.47	0.63	-0.16	0.87
MDT	MEDTRONIC PLC	$87.21	7,081,000	12.70%	89.25	93.20	97.37	97.38	94.47	26.65	10.32	8.67	22.71	15.82	-3.10	-2.53	-0.57	0.56
MASS	908 DEVICES INC	$5.99	282,000	22.61%	6.23	6.48	6.34	6.36	6.70	41.45	10.00	9.72	14.22	11.91	-0.11	-0.04	-0.07	1.67
APYX	APYX MEDICAL CORP	$3.67	85,000	-34.11%	3.55	3.51	3.75	3.72	2.95	51.57	63.36	61.36	74.84	72.92	-0.02	-0.07	0.05	1.29
PHG	KONINKLIJKE PHILIPS NV	$27.37	957,000	39.10%	28.57	29.93	29.86	28.71	27.43	33.90	8.07	7.19	10.02	8.27	-0.64	-0.29	-0.35	0.94
SGHT	SIGHT SCIENCES INC	$3.69	231,000	-18.37%	3.81	4.58	5.60	6.44	5.13	31.85	9.73	8.08	35.88	29.89	-0.59	-0.56	-0.03	1.81
AVNS	AVANOS MEDICAL INC	$13.46	399,000	-30.97%	13.47	13.95	13.54	12.50	12.14	45.44	42.18	40.25	58.19	55.90	-0.09	-0.01	-0.08	0.89
NPCE	NEUROPACE INC	$13.56	213,000	47.92%	14.03	14.22	15.30	14.81	12.44	37.88	41.35	46.13	43.48	54.24	-0.36	-0.36	0.01	0.94
INMD	INMODE LTD	$13.45	1,283,000	-15.70%	13.32	13.71	14.34	14.43	14.53	44.12	58.49	50.74	91.57	84.00	-0.32	-0.35	0.03	1.65
SIBN	SI-BONE INC	$12.85	603,000	-4.89%	13.52	14.52	16.00	17.12	16.79	25.90	5.18	5.37	0.33	1.90	-0.88	-0.75	-0.12	1.16
QDEL	QUIDELORTHO CORP	$17.03	2,742,000	85.52%	18.82	20.57	25.94	26.32	27.13	30.00	13.14	10.57	57.44	35.22	-2.27	-2.17	-0.11	0.99
AORT	ARTIVION INC	$36.67	220,000	8.91%	36.74	37.23	39.88	42.73	39.69	41.81	58.09	53.84	85.35	79.16	-0.84	-1.02	0.17	1.02
AHCO	ADAPTHEALTH CORP	$10.47	1,257,000	24.46%	9.99	9.79	10.11	9.90	9.53	58.86	79.53	81.94	88.37	91.03	0.08	-0.05	0.13	1.05
BRKR	BRUKER CORP	$34.03	2,002,000	7.69%	35.51	37.50	42.79	43.60	40.04	32.30	13.15	7.92	22.37	10.45	-2.32	-2.08	-0.23	1.11
ZBH	ZIMMER BIOMET HOLDINGS INC	$89.08	2,157,000	3.80%	92.70	95.84	92.37	92.79	95.26	35.73	15.72	21.39	8.93	12.42	-0.56	0.32	-0.89	0.64
CERS	CERUS CORP	$1.80	3,740,000	146.05%	1.82	2.12	2.26	2.02	1.71	36.68	16.98	13.63	19.35	12.73	-0.15	-0.11	-0.04	1.76
TNDM	TANDEM DIABETES CARE INC	$23.85	1,653,000	-54.21%	22.08	23.43	21.49	20.41	17.73	57.08	47.85	31.93	49.72	31.57	0.32	0.38	-0.06	1.37
INSP	INSPIRE MEDICAL SYSTEMS INC	$56.40	1,337,000	-7.22%	59.40	60.81	72.33	86.81	95.27	34.52	8.12	6.42	23.06	33.73	-3.94	-4.18	0.24	1.29
BFLY	BUTTERFLY NETWORK INC	$3.95	4,205,000	-33.93%	3.83	3.67	3.83	3.36	2.63	53.84	47.27	46.78	46.00	48.85	0.10	0.05	0.05	2.27
CBLL	CERIBELL INC	$18.89	249,000	-48.02%	18.54	18.81	20.34	18.53	16.38	47.26	81.49	71.38	91.10	92.05	-0.35	-0.52	0.17	1.53
NVCR	NOVOCURE LTD	$12.06	1,174,000	-43.99%	12.64	12.73	12.64	12.56	13.41	45.96	16.05	19.75	11.43	10.58	-0.02	0.10	-0.12	1.43
ABT	ABBOTT LABORATORIES	$108.49	8,241,000	-12.81%	109.94	112.09	113.95	119.98	125.95	40.32	22.11	17.41	31.62	22.75	-1.35	-1.14	-0.22	0.55
AIDX	20/20 BIOLABS INC	$1.98	136,000	-24.86%	2.59	5.30	N/A	N/A	N/A	0.65	3.90	2.90	N/A	N/A	N/A	N/A	N/A	0.16
ITGR	INTEGER HOLDINGS CORP	$84.70	1,734,000	106.92%	84.57	85.27	85.29	78.49	94.43	49.05	41.86	31.67	60.52	41.15	-0.08	0.04	-0.12	0.91
BIO	BIO-RAD LABORATORIES INC	$267.99	287,000	11.24%	268.14	271.47	290.18	301.78	285.70	42.67	24.40	17.08	37.78	21.49	-6.23	-6.61	0.38	0.96
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$8.90	787,000	20.71%	9.38	10.35	11.23	12.03	12.82	26.28	5.29	6.70	3.94	3.96	-0.68	-0.56	-0.11	1.04
TMDX	TRANSMEDICS GROUP INC	$113.21	2,298,000	326.35%	127.17	133.28	135.18	131.96	126.03	32.62	10.96	10.42	9.86	10.30	-3.94	-1.58	-2.36	1.62
HYPR	HYPERFINE INC	$1.27	1,320,000	53.49%	1.17	1.14	1.14	1.10	1.13	62.78	84.36	76.15	94.30	88.29	0.03	0.01	0.02	1.29
CTKB	CYTEK BIOSCIENCES INC	$4.34	665,000	16.87%	4.21	4.31	4.75	4.82	4.25	48.22	44.62	29.06	85.52	53.19	-0.13	-0.15	0.02	1.44
LNSR	LENSAR INC	$6.58	457,000	-68.85%	10.46	11.18	11.74	11.47	12.04	15.46	13.65	18.25	8.24	8.48	-0.92	-0.36	-0.56	0.48
GKOS	GLAUKOS CORP	$103.22	562,000	-31.13%	103.15	111.27	113.86	106.90	99.31	40.27	22.02	13.93	31.66	17.95	-4.14	-2.94	-1.20	1.18
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.33	4,557,000	49.36%	1.37	1.50	1.86	1.94	1.65	35.26	19.88	17.33	44.34	34.68	-0.15	-0.15	0.00	2.42
POAS	PHAOS TECHNOLOGY (CAYMAN) HOLDINGS LTD	$1.52	68,000	-39.29%	1.62	1.50	2.96	N/A	N/A	40.53	34.78	40.14	60.55	63.60	-0.42	-0.49	0.07	-0.05
LMRI	LUMEXA IMAGING HOLDINGS INC	$12.53	1,129,000	18.22%	13.63	14.27	14.27	N/A	N/A	39.39	23.56	19.04	27.16	19.74	-0.45	-0.22	-0.23	1.96
ECOR	ELECTROCORE INC	$6.90	49,000	-35.53%	6.64	6.93	6.52	5.76	5.68	53.80	37.26	28.23	30.34	16.41	0.05	0.13	-0.08	0.78
HSDT	SOLANA CO	$2.07	211,000	142.53%	2.17	2.10	2.48	3.35	10.62	45.34	49.72	52.71	70.54	73.24	-0.07	-0.10	0.03	1.34
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.94	978,000	-11.89%	2.54	2.42	1.63	1.50	2.21	46.35	14.89	24.55	1.12	3.06	0.20	0.32	-0.13	-0.01
LUNG	PULMONX CORP	$1.48	786,000	190.04%	1.72	1.62	1.69	1.83	2.01	41.77	21.33	29.63	24.39	33.87	-0.00	0.00	-0.01	1.37
INGN	INOGEN INC	$6.13	181,000	-23.95%	6.25	6.14	6.14	6.64	7.06	49.57	42.36	49.10	19.89	20.16	0.03	0.03	-0.01	1.20
WOK	WORK MEDICAL TECHNOLOGY GROUP LTD	$1.16	14,300	-47.04%	1.14	1.23	1.59	144.97	3,258.93	28.84	28.98	24.34	94.36	89.50	-3.66	-5.33	1.67	0.87
ELUT	ELUTIA INC	$1.08	134,000	32.67%	1.10	1.12	1.00	0.86	1.28	50.47	14.08	13.76	4.82	6.14	0.02	0.04	-0.02	0.28
PMI	PICARD MEDICAL INC	$1.16	37,700	-75.52%	1.18	1.16	1.51	2.17	N/A	42.73	56.10	65.17	83.19	88.40	-0.10	-0.14	0.03	0.55
KIDS	ORTHOPEDIATRICS CORP	$16.66	145,000	-38.82%	17.61	17.63	17.71	17.57	18.91	40.84	13.79	24.13	1.83	14.38	-0.08	0.06	-0.14	1.23
BBNX	BETA BIONICS INC	$10.63	1,684,000	84.04%	10.71	11.77	14.92	21.73	19.97	30.90	24.74	20.05	91.47	72.22	-1.36	-1.54	0.18	1.73
TLSI	TRISALUS LIFE SCIENCES INC	$3.85	253,000	105.69%	4.24	4.68	5.03	5.46	5.14	30.58	3.75	5.29	1.87	1.87	-0.32	-0.25	-0.07	0.23
IVF	INVO FERTILITY INC	$0.74	276,000	75.80%	0.83	0.89	1.07	1.78	8.58	34.16	4.79	8.93	2.17	15.03	-0.09	-0.09	-0.00	0.55
SI	SHOULDER INNOVATIONS INC	$15.22	115,000	-20.14%	14.16	13.75	13.79	13.91	N/A	66.63	82.09	80.04	94.44	97.04	0.38	0.12	0.26	0.70
DCTH	DELCATH SYSTEMS INC	$9.38	340,000	39.34%	9.42	9.40	9.77	9.67	10.81	48.06	73.39	69.49	83.06	80.92	-0.04	-0.10	0.07	0.91
SGP	SPYGLASS PHARMA INC	$26.80	173,000	13.07%	26.82	27.57	N/A	N/A	N/A	42.03	44.65	39.83	N/A	N/A	N/A	N/A	N/A	0.45
MOVE	MOVANO INC	$15.09	18,700	-21.10%	14.05	12.92	12.26	10.42	8.65	60.65	83.25	73.62	86.17	72.07	0.65	0.49	0.16	1.15
CV	CAPSOVISION INC	$5.46	442,000	88.09%	5.28	5.21	5.46	6.60	N/A	51.59	29.73	44.67	66.45	70.28	-0.06	-0.15	0.09	1.07
QTRX	QUANTERIX CORP	$4.52	556,000	14.40%	4.89	5.48	6.17	6.25	5.90	27.60	4.66	4.52	0.35	0.23	-0.44	-0.36	-0.08	1.89
RPID	RAPID MICRO BIOSYSTEMS INC	$2.68	288,000	30.32%	3.58	3.90	3.92	3.71	3.49	31.05	9.11	10.04	6.34	5.39	-0.27	-0.09	-0.19	1.26
PROF	PROFOUND MEDICAL CORP	$5.47	155,000	89.02%	5.71	6.52	7.09	6.88	6.15	35.77	27.48	26.72	29.33	25.44	-0.44	-0.35	-0.09	1.04
SSII	SS INNOVATIONS INTERNATIONAL INC	$5.09	83,000	151.52%	4.73	4.74	4.74	5.62	6.02	55.43	63.32	52.09	68.87	49.96	0.05	0.01	0.04	0.27
PAVM	PAVMED INC	$10.45	14,200	75.31%	10.44	10.19	9.54	9.90	12.74	54.45	59.35	59.35	33.20	22.81	0.19	0.23	-0.04	1.44
UFPT	UFP TECHNOLOGIES INC	$198.40	149,000	-13.37%	206.60	214.11	238.96	229.68	224.88	32.59	14.46	14.50	43.82	39.84	-10.57	-10.29	-0.27	0.92
FEED	ENVUE MEDICAL INC	$1.35	161,000	-74.03%	1.77	2.03	2.18	3.15	5.46	33.42	17.75	19.20	14.37	25.31	-0.24	-0.19	-0.05	0.68
OM	OUTSET MEDICAL INC	$3.35	145,000	-13.69%	3.30	3.39	4.21	5.39	10.79	43.20	63.29	52.98	86.61	81.39	-0.22	-0.28	0.06	1.47
STEX	STREAMEX CORP	$1.80	1,684,000	-6.96%	1.97	2.09	2.73	3.41	4.58	33.37	6.14	6.04	17.03	23.42	-0.25	-0.26	0.01	1.19
MXCT	MAXCYTE INC	$0.73	899,000	58.27%	0.80	0.79	0.95	1.26	1.54	36.06	32.35	49.11	56.17	74.71	-0.04	-0.05	0.01	1.44
INBS	INTELLIGENT BIO SOLUTIONS INC	$3.63	64,000	-20.99%	3.98	4.14	7.45	7.40	11.46	29.66	12.74	15.49	29.65	48.92	-0.75	-0.88	0.13	1.16
XAIR	BEYOND AIR INC	$0.81	215,000	-80.92%	0.82	0.89	1.13	1.23	2.08	36.49	25.79	24.88	48.86	48.15	-0.08	-0.09	0.01	0.97
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.74	84,000	-19.23%	0.78	0.74	0.81	0.76	0.78	46.54	33.46	36.77	34.21	38.50	-0.01	-0.01	-0.00	0.78
NNOX	NANO-X IMAGING LTD	$2.46	597,000	46.68%	2.60	2.53	2.67	3.05	3.80	43.84	52.38	55.29	46.65	50.63	-0.01	-0.02	0.01	1.83
CATX	PERSPECTIVE THERAPEUTICS INC	$4.86	1,321,000	-15.10%	5.10	5.26	4.28	3.39	3.52	48.79	27.22	29.34	8.19	8.72	0.15	0.26	-0.11	1.16
LUCD	LUCID DIAGNOSTICS INC	$1.34	656,000	86.36%	1.40	1.42	1.29	1.20	1.17	47.05	18.50	20.72	7.28	6.80	0.02	0.04	-0.02	0.80
SRTS	SENSUS HEALTHCARE INC	$3.85	18,700	1.63%	4.08	4.10	4.53	4.19	4.10	37.91	6.36	10.20	6.92	14.80	-0.14	-0.11	-0.03	0.94
CVRX	CVRX INC	$8.50	205,000	11.41%	7.94	7.68	7.03	8.04	7.77	62.49	71.28	56.98	52.36	32.12	0.35	0.31	0.04	1.55
SENS	SENSEONICS HOLDINGS INC	$6.34	302,000	-58.06%	6.05	7.01	7.19	6.77	8.20	43.35	33.26	25.08	40.30	26.96	-0.38	-0.31	-0.07	1.88
RCEL	AVITA MEDICAL INC	$4.19	277,000	140.87%	4.65	4.80	4.29	3.96	4.61	42.16	16.00	15.15	9.92	9.05	0.04	0.14	-0.10	1.45
PRCT	PROCEPT BIOROBOTICS CORP	$26.17	1,459,000	-1.35%	26.16	26.16	28.51	30.62	38.70	47.20	81.25	84.91	90.07	91.91	-0.44	-0.77	0.33	1.30
CLPT	CLEARPOINT NEURO INC	$9.61	1,520,000	238.53%	10.78	11.77	13.18	14.58	14.35	36.64	31.25	34.98	56.62	54.41	-0.80	-0.78	-0.02	1.86
TMCI	TREACE MEDICAL CONCEPTS INC	$1.35	399,000	-0.75%	1.44	1.64	2.10	2.87	4.61	34.55	11.24	12.61	59.56	53.68	-0.20	-0.21	0.01	1.30
RXST	RXSIGHT INC	$7.35	346,000	-33.08%	7.53	7.88	8.57	9.59	9.69	38.22	35.16	31.14	64.15	48.28	-0.36	-0.37	0.02	1.28
MDAI	SPECTRAL AI INC	$1.20	7,521,000	2,061.21%	1.35	1.39	1.53	1.60	1.94	25.85	11.12	16.21	0.00	11.11	-0.07	-0.06	-0.01	0.45

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Mar 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. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) is the #1 top medical device stock out of 137 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: A, Momentum: C, Sentiment: C, Safety: B, Financials: A, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 47, which is 19 points higher than the medical device industry average of 28.

BVS passed 15 out of 33 due diligence checks and has strong fundamentals. Bioventus has seen its stock lose -6.69% over the past year, overperforming other medical device stocks by 59 percentage points.

Bioventus has an average 1 year price target of $15.00, an upside of 68.16% from Bioventus's current stock price of $8.92.

Bioventus stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Bioventus, 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.

2. Viemed Healthcare (NASDAQ:VMD)

Viemed Healthcare (NASDAQ:VMD) is the #2 top medical device stock out of 137 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 Viemed Healthcare (NASDAQ:VMD) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: B, and AI: B.

Viemed Healthcare (NASDAQ:VMD) has a Due Diligence Score of 59, which is 31 points higher than the medical device industry average of 28.

VMD passed 19 out of 33 due diligence checks and has strong fundamentals. Viemed Healthcare has seen its stock return 24.43% over the past year, overperforming other medical device stocks by 90 percentage points.

3. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) is the #3 top medical device stock out of 137 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year. Learn more.

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

Tactile Systems Technology (NASDAQ:TCMD) has a Due Diligence Score of 56, which is 28 points higher than the medical device industry average of 28.

TCMD passed 18 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 97.88% over the past year, overperforming other medical device stocks by 164 percentage points.

Tactile Systems Technology has an average 1 year price target of $36.00, an upside of 33.19% from Tactile Systems Technology's current stock price of $27.03.

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.

What are the medical device stocks with highest dividends?

Out of 7 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 2.31%, which is 1 percentage points higher than the medical device industry average of 1.19%. 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 52.8% 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 2.21%, which is 1 percentage points higher than the medical device industry average of 1.19%. 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 64.3% indicates that its dividend yield is sustainable for the long-term.

3. Iradimed (NASDAQ:IRMD)

Iradimed (NASDAQ:IRMD) has an annual dividend yield of 1.21%, which is the same as the medical device industry average of 1.19%. Iradimed's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Iradimed's dividend has not shown consistent growth over the last 10 years.

Iradimed's dividend payout ratio of 68.4% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks down?

Medical device stocks were down -1.57% in the last day, and down -2.12% over the last week. Clearpoint Neuro was the among the top losers in the medical devices industry, dropping -13.93% yesterday.

ClearPoint Neuro shares are trading lower after the company reported mixed Q4 financial results and cut its FY26 guidance.

What are the most undervalued medical device stocks?

Based on the Valuation rating, one of the 7 components of a stocks overall Zen Ratings grade, which evaluates factors including estimated earnings yield, earnings before interest and taxes/enterprise value, cash flow yield, free cash flow to price, and price-to-earnings growth (PEG ratio), the 3 most undervalued medical device stocks right now are:

1. Inmode (NASDAQ:INMD)

Inmode (NASDAQ:INMD) is the most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Inmode has a valuation score of 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -26.02% in the past year. It has overperformed other stocks in the medical device industry by 40 percentage points.

2. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) is the second most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Conmed has a valuation score of 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Conmed's stock has dropped -39.43% in the past year. It has overperformed other stocks in the medical device industry by 27 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 71, which is 56 points higher than the medical device industry average of 15. It passed 5 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -6.69% 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?

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 52.79% over the next year.

9.8% of medical device stocks have a Zen Rating of A (Strong Buy), 15.69% of medical device stocks are rated B (Buy), 51.96% are rated C (Hold), 15.69% are rated D (Sell), and 6.86% 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 26.25x.

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. Bioventus (NASDAQ:BVS)

2. Viemed Healthcare (NASDAQ:VMD)

3. Tactile Systems Technology (NASDAQ:TCMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesHealthcareMedical DevicesBest Medical Device Stocks to Buy Now (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. Bioventus (NASDAQ:BVS)

2. Viemed Healthcare (NASDAQ:VMD)

3. Tactile Systems Technology (NASDAQ:TCMD)

1. Smith & Nephew (NYSE:SNN)

2. Abbott Laboratories (NYSE:ABT)

3. Iradimed (NASDAQ:IRMD)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Bioventus (NASDAQ:BVS)

Company

Stock Tools

Stock Ideas

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (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.