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 80th 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
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$28.43	384,000	-12.33%	27.67	26.27	21.11	16.99	14.31	72.00	74.29	79.77	39.24	60.67	2.00	2.12	-0.12	1.06
VREX	VAREX IMAGING CORP	$11.80	291,000	-3.00%	11.59	11.36	11.63	11.15	10.10	54.91	82.83	85.21	96.72	97.26	0.03	-0.03	0.06	1.08
BVS	BIOVENTUS INC	$7.50	271,000	25.46%	7.42	7.34	7.14	7.07	7.32	54.00	67.12	69.04	53.17	54.98	0.08	0.08	-0.01	1.20
STE	STERIS PLC	$254.07	530,000	28.33%	257.89	259.74	250.98	246.88	238.86	45.81	11.03	15.98	4.61	4.20	0.52	2.29	-1.77	0.76
AVNS	AVANOS MEDICAL INC	$11.86	355,000	32.96%	11.48	11.49	11.43	11.53	12.21	57.74	61.02	57.33	87.96	80.67	0.07	0.02	0.05	0.92
ELMD	ELECTROMED INC	$29.60	50,000	13.64%	28.57	27.29	25.72	23.87	22.92	70.97	84.45	88.14	93.48	97.42	1.17	0.96	0.22	0.47
VMD	VIEMED HEALTHCARE INC	$7.37	185,000	79.61%	7.00	6.82	6.73	6.76	6.84	67.43	83.57	85.83	83.92	86.93	0.17	0.10	0.07	0.68
AORT	ARTIVION INC	$45.37	225,000	-28.57%	44.84	45.19	44.31	42.22	34.70	52.45	56.91	45.66	60.70	47.71	0.04	0.16	-0.12	1.05
LIVN	LIVANOVA PLC	$63.06	610,000	16.63%	63.27	60.87	56.24	54.32	47.92	62.17	66.59	78.34	21.91	42.09	2.29	2.41	-0.12	0.92
AHCO	ADAPTHEALTH CORP	$10.27	1,234,000	50.67%	9.77	9.62	9.43	9.34	9.27	62.90	81.29	78.37	91.95	89.76	0.21	0.11	0.09	1.07
SNN	SMITH & NEPHEW PLC	$32.23	1,056,000	37.68%	32.92	32.86	34.41	35.22	31.97	39.00	20.54	38.85	38.38	60.54	-0.43	-0.49	0.06	0.71
PODD	INSULET CORP	$291.51	731,000	26.69%	300.39	314.35	318.18	319.26	301.26	36.31	5.51	5.21	2.97	2.94	-8.36	-5.56	-2.81	1.15
IRMD	IRADIMED CORP	$97.02	137,000	110.77%	95.38	92.50	84.25	76.96	65.96	74.31	83.67	86.70	56.78	77.41	3.75	3.77	-0.02	0.87
AXGN	AXOGEN INC	$29.78	536,000	5.10%	30.38	28.58	23.32	19.47	16.70	61.78	44.69	51.09	2.14	1.43	2.05	2.29	-0.24	1.25
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$13.47	710,000	-27.85%	13.43	12.83	13.35	13.75	14.79	54.30	68.32	78.98	55.28	75.91	0.19	0.06	0.13	1.04
GMED	GLOBUS MEDICAL INC	$86.50	1,803,000	28.42%	88.39	87.71	74.34	66.19	65.74	57.62	29.13	44.63	3.58	3.58	3.58	4.80	-1.22	0.99
DXCM	DEXCOM INC	$65.73	7,428,000	8.74%	66.12	63.58	64.08	70.33	74.39	54.81	72.42	83.92	60.99	81.87	1.16	0.60	0.56	1.16
BWAY	BRAINSWAY LTD	$17.34	70,000	75.00%	17.41	16.46	16.21	15.27	12.79	57.09	74.49	81.24	57.23	73.66	0.45	0.38	0.06	0.84
ANIK	ANIKA THERAPEUTICS INC	$9.57	172,000	-10.88%	9.54	9.63	9.62	9.31	11.19	47.96	25.46	30.67	27.13	32.76	-0.04	-0.01	-0.02	0.82
EW	EDWARDS LIFESCIENCES CORP	$83.38	3,975,000	94.09%	84.29	84.86	81.55	80.00	77.07	47.91	16.76	15.38	9.64	11.27	0.33	0.83	-0.50	0.86
SNWV	SANUWAVE HEALTH INC	$31.64	65,500	2.34%	31.72	32.56	31.95	34.80	N/A	47.98	45.32	36.31	42.29	29.81	-0.32	-0.09	-0.23	0.73
CERS	CERUS CORP	$2.01	1,289,000	-55.29%	2.00	1.82	1.66	1.50	1.44	59.24	81.26	78.70	47.30	51.15	0.13	0.11	0.02	1.79
ITGR	INTEGER HOLDINGS CORP	$73.09	577,000	46.82%	71.12	70.52	78.68	92.17	105.55	51.20	83.86	80.31	100.00	100.00	-1.08	-2.12	1.03	0.92
MASI	MASIMO CORP	$137.40	695,000	28.47%	140.05	142.36	145.17	146.22	154.41	40.92	23.57	26.74	25.81	28.46	-1.88	-1.42	-0.46	1.11
PHG	KONINKLIJKE PHILIPS NV	$26.46	572,000	-7.74%	27.08	27.35	27.83	27.62	26.00	37.48	17.40	23.59	12.96	21.77	-0.34	-0.23	-0.11	0.92
ALGN	ALIGN TECHNOLOGY INC	$162.73	934,000	-44.57%	159.33	149.97	140.72	141.10	159.57	71.73	89.44	91.44	80.41	91.07	7.07	5.82	1.25	1.58
MDT	MEDTRONIC PLC	$98.57	9,569,000	46.16%	100.72	101.37	97.15	95.05	91.06	46.26	7.19	11.25	0.67	3.89	0.87	1.54	-0.66	0.59
TMDX	TRANSMEDICS GROUP INC	$123.15	815,000	47.38%	133.72	134.23	126.27	121.57	111.98	40.89	7.17	16.16	0.00	0.24	0.73	3.03	-2.30	1.63
DCTH	DELCATH SYSTEMS INC	$10.08	617,000	-17.62%	9.91	9.47	9.85	10.39	11.90	56.49	78.81	84.68	84.81	91.81	0.18	0.05	0.13	0.92
CNMD	CONMED CORP	$40.32	753,000	4.73%	41.23	41.90	43.98	47.93	51.59	40.33	27.96	20.40	37.85	27.09	-1.19	-1.04	-0.15	1.09
APYX	APYX MEDICAL CORP	$3.79	39,300	-43.04%	3.97	3.97	3.55	2.81	2.16	48.64	22.55	35.23	2.02	16.56	0.11	0.17	-0.06	1.30
SYK	STRYKER CORP	$355.31	1,459,000	25.67%	358.00	362.69	366.53	374.80	376.07	42.05	23.38	19.83	27.48	22.21	-3.69	-2.51	-1.18	0.87
ZBH	ZIMMER BIOMET HOLDINGS INC	$92.43	2,433,000	-11.01%	92.93	92.91	95.52	98.12	98.54	45.97	23.83	31.17	8.49	19.71	-0.66	-0.68	0.02	0.66
NPCE	NEUROPACE INC	$15.92	149,000	-9.70%	16.41	15.68	12.98	11.19	11.50	58.74	55.34	72.23	0.00	6.87	1.01	1.18	-0.17	0.95
ATEC	ALPHATEC HOLDINGS INC	$19.71	2,675,000	45.70%	20.72	20.81	18.35	16.65	13.88	45.91	11.96	26.01	0.49	2.09	0.40	0.77	-0.37	1.23
SIBN	SI-BONE INC	$18.41	246,000	-59.93%	19.01	19.01	16.96	16.37	16.42	51.57	13.45	20.59	0.51	0.51	0.49	0.72	-0.22	1.19
BSX	BOSTON SCIENTIFIC CORP	$92.19	11,765,000	51.32%	94.84	97.14	98.68	100.82	101.13	32.54	6.92	6.31	8.61	5.16	-2.06	-1.30	-0.76	0.72
BIO	BIO-RAD LABORATORIES INC	$307.92	202,000	81.98%	313.83	315.16	314.91	297.91	270.08	44.55	19.89	27.97	10.98	17.39	-0.77	0.78	-1.54	0.97
IRTC	IRHYTHM TECHNOLOGIES INC	$169.00	457,000	-11.78%	175.09	176.59	178.03	172.64	148.91	38.53	8.62	13.82	0.42	2.57	-1.95	-0.51	-1.44	1.27
PEN	PENUMBRA INC	$309.15	471,000	14.60%	298.64	293.60	269.18	262.92	265.04	65.30	86.38	85.42	66.66	57.06	10.81	10.05	0.77	1.04
SGHT	SIGHT SCIENCES INC	$8.31	471,000	238.85%	8.33	7.94	6.13	4.93	4.09	62.86	66.61	73.31	4.86	10.13	0.62	0.73	-0.11	1.79
GKOS	GLAUKOS CORP	$111.73	1,466,000	207.34%	108.48	103.82	91.90	90.17	93.56	74.05	86.12	82.95	74.32	67.74	5.47	5.48	-0.02	1.20
CTKB	CYTEK BIOSCIENCES INC	$4.64	1,416,000	13.46%	5.01	5.27	4.62	4.25	3.89	41.57	7.98	10.26	4.34	6.16	0.03	0.16	-0.12	1.43
INSP	INSPIRE MEDICAL SYSTEMS INC	$119.26	2,699,000	94.45%	135.74	120.41	96.25	93.05	120.18	52.26	50.75	72.74	14.39	38.55	11.78	13.18	-1.40	1.36
QDEL	QUIDELORTHO CORP	$29.06	1,078,000	78.77%	28.06	26.28	26.43	26.80	28.85	61.19	77.89	85.81	71.35	83.32	0.99	0.60	0.39	0.94
INMD	INMODE LTD	$14.33	473,000	-23.21%	14.39	14.22	14.72	14.68	15.09	47.71	74.35	78.70	81.17	90.66	-0.04	-0.10	0.06	1.67
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$2.12	3,737,000	-19.51%	2.32	2.22	1.97	1.64	1.44	49.01	16.17	35.74	0.00	8.19	0.09	0.13	-0.04	2.51
MASS	908 DEVICES INC	$5.91	598,000	32.89%	6.36	6.16	7.19	6.95	6.19	38.42	31.40	53.82	21.94	52.04	-0.18	-0.22	0.04	1.75
ABT	ABBOTT LABORATORIES	$128.47	6,269,000	69.48%	124.52	126.21	127.46	129.64	130.52	56.40	55.05	35.09	72.19	47.18	-0.82	-0.94	0.12	0.55
NVCR	NOVOCURE LTD	$12.97	3,699,000	77.24%	12.45	12.23	12.70	12.46	15.10	55.56	80.21	87.97	85.11	92.31	0.21	0.01	0.19	1.44
OFIX	ORTHOFIX MEDICAL INC	$15.71	246,000	34.43%	15.75	15.52	15.30	14.61	13.83	53.52	51.27	61.64	12.66	28.80	0.14	0.17	-0.03	0.99
INGN	INOGEN INC	$6.83	423,000	258.47%	6.88	6.89	7.60	7.67	7.30	42.47	57.03	56.34	85.48	91.61	-0.16	-0.22	0.05	1.21
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$72.03	321,000	-25.17%	70.86	69.16	58.47	49.15	43.32	69.16	88.28	88.44	83.46	90.50	3.73	4.09	-0.36	1.63
CBLL	CERIBELL INC	$21.90	773,000	135.67%	19.86	17.56	14.42	13.39	15.61	80.06	66.65	65.46	40.59	46.61	2.14	1.82	0.32	1.57
LNSR	LENSAR INC	$11.52	66,500	13.29%	11.19	10.58	11.25	11.89	12.78	60.41	91.92	92.67	97.16	97.43	0.14	-0.05	0.19	0.49
HIND	VYOME HOLDINGS INC	$4.10	36,500	68.20%	4.92	4.95	5.27	6.90	20.37	33.38	5.89	16.57	0.63	12.29	-0.21	-0.15	-0.05	0.90
HSDT	HELIUS MEDICAL TECHNOLOGIES INC	$3.04	567,000	35.00%	3.81	3.79	6.86	8.30	90.22	31.90	22.66	43.71	33.26	59.04	-0.79	-0.94	0.15	1.31
PROF	PROFOUND MEDICAL CORP	$7.69	148,000	138.71%	7.02	6.64	6.25	5.55	5.63	69.43	90.51	93.27	94.93	96.62	0.37	0.28	0.09	1.00
BRKR	BRUKER CORP	$45.67	1,425,000	-16.76%	46.70	46.43	41.63	37.65	39.08	53.72	21.91	33.54	6.11	9.20	1.31	1.88	-0.57	1.10
BFLY	BUTTERFLY NETWORK INC	$3.22	9,036,000	136.36%	3.04	2.87	2.55	2.10	2.21	61.55	56.54	59.57	32.24	32.62	0.20	0.19	0.00	2.30
QIPT	QUIPT HOME MEDICAL CORP	$3.50	14,770,000	6,834.27%	2.59	2.45	2.46	2.46	2.26	85.59	94.28	93.63	100.00	100.00	0.11	0.03	0.09	0.56
HYPR	HYPERFINE INC	$0.93	3,233,000	876.74%	1.00	1.03	1.23	1.26	1.01	39.23	39.46	48.02	52.46	67.05	-0.05	-0.06	0.01	1.23
POAS	PHAOS TECHNOLOGY (CAYMAN) HOLDINGS LTD	$3.67	1,350,000	283.52%	3.70	3.73	N/A	N/A	N/A	61.37	60.99	52.35	N/A	N/A	N/A	N/A	N/A	1.95
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$1.35	320,000	78.77%	1.47	1.45	1.43	1.86	3.37	43.37	18.08	23.97	5.70	13.36	-0.01	-0.00	-0.00	-0.09
LUNG	PULMONX CORP	$2.55	955,000	-6.92%	2.22	1.87	1.78	1.78	3.15	71.74	92.59	93.99	100.00	100.00	0.22	0.13	0.09	1.46
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$1.05	318,000	62.24%	1.12	1.05	1.06	1.14	0.96	48.00	69.13	78.03	52.79	72.11	0.03	0.02	0.01	1.16
PMI	PICARD MEDICAL INC	$2.43	347,000	42.80%	2.62	2.44	5.01	N/A	N/A	41.69	23.16	27.04	50.82	53.90	-0.47	-0.65	0.18	0.07
SSII	SS INNOVATIONS INTERNATIONAL INC	$5.09	145,000	-14.71%	5.95	6.08	7.18	6.85	N/A	29.05	10.09	15.68	16.58	33.10	-0.39	-0.34	-0.05	0.32
TNDM	TANDEM DIABETES CARE INC	$22.11	1,803,000	15.28%	20.83	20.52	17.37	15.05	17.06	66.89	76.90	70.29	29.02	25.57	1.21	1.28	-0.07	1.36
BBNX	BETA BIONICS INC	$29.72	1,199,000	55.31%	29.35	29.50	26.18	22.66	18.49	56.48	35.67	33.05	24.89	20.89	0.83	1.10	-0.27	1.88
OM	OUTSET MEDICAL INC	$3.97	567,000	112.36%	4.30	4.41	9.34	11.80	13.41	23.54	17.12	24.89	76.65	83.87	-1.38	-1.68	0.31	1.42
SI	SHOULDER INNOVATIONS INC	$14.45	36,600	-48.16%	14.91	16.69	14.11	N/A	N/A	48.56	2.00	2.63	0.31	0.41	0.05	0.62	-0.57	3.43
KIDS	ORTHOPEDIATRICS CORP	$17.99	271,000	49.72%	18.15	17.88	17.46	18.68	20.54	51.52	30.59	48.46	13.72	30.44	0.21	0.23	-0.02	1.19
MXCT	MAXCYTE INC	$1.49	1,484,000	25.66%	1.54	1.61	1.61	1.59	2.07	43.37	30.70	34.16	27.56	31.22	-0.02	-0.01	-0.01	1.45
SRTS	SENSUS HEALTHCARE INC	$3.69	109,000	118.00%	3.90	3.98	3.71	3.69	4.17	43.53	17.05	22.54	12.11	22.30	0.01	0.07	-0.06	0.94
RPID	RAPID MICRO BIOSYSTEMS INC	$3.47	236,000	87.30%	3.87	4.03	3.55	3.31	3.11	38.96	11.78	14.26	0.00	5.30	0.03	0.13	-0.10	1.23
QTRX	QUANTERIX CORP	$7.41	569,000	32.02%	7.51	7.03	6.14	5.64	5.80	63.50	72.97	80.72	15.46	31.99	0.49	0.50	-0.01	1.93
TLSI	TRISALUS LIFE SCIENCES INC	$7.31	113,000	-39.25%	6.97	6.28	5.33	4.97	5.13	69.83	87.33	90.21	30.64	43.59	0.64	0.57	0.07	0.19
IVF	INVO FERTILITY INC	$1.19	193,000	60.83%	1.46	2.02	3.88	6.84	25.63	27.99	3.91	4.91	16.59	20.78	-0.78	-0.83	0.05	1.03
RBOT	VICARIOUS SURGICAL INC	$2.47	149,000	161.40%	2.82	2.78	4.38	5.67	6.77	34.18	12.51	20.97	60.96	68.92	-0.45	-0.52	0.07	1.49
PRCT	PROCEPT BIOROBOTICS CORP	$36.10	1,245,000	-1.35%	34.69	32.30	33.10	36.96	47.21	61.59	78.10	77.09	92.07	91.59	0.98	0.36	0.63	1.28
ARAY	ACCURAY INC	$1.05	1,198,000	40.45%	1.03	1.02	1.31	1.42	1.48	43.15	66.80	69.80	82.36	88.42	-0.06	-0.08	0.03	1.50
CLPT	CLEARPOINT NEURO INC	$12.38	926,000	52.55%	13.33	13.74	19.19	15.91	14.20	30.75	6.97	9.76	4.67	21.72	-1.43	-1.55	0.12	1.83
ICCM	ICECURE MEDICAL LTD	$0.64	394,000	24.29%	0.69	0.69	0.76	0.87	0.99	34.92	25.18	51.47	22.76	54.15	-0.02	-0.02	0.00	0.76
RXST	RXSIGHT INC	$12.52	542,000	-7.82%	12.46	11.41	9.77	9.20	12.73	67.04	85.09	87.67	55.55	76.52	0.89	0.84	0.05	1.27
SENS	SENSEONICS HOLDINGS INC	$6.79	260,000	58.54%	6.70	6.24	7.06	8.18	10.01	53.13	84.27	88.35	85.53	93.49	0.04	-0.12	0.16	1.93
NNOX	NANO-X IMAGING LTD	$3.24	1,160,000	6.42%	3.58	3.72	3.72	3.94	4.59	40.49	4.90	7.62	0.70	3.14	-0.08	0.00	-0.08	1.82
TMCI	TREACE MEDICAL CONCEPTS INC	$2.77	774,000	-17.48%	2.76	2.82	4.63	5.67	6.24	30.92	43.08	47.33	87.49	94.04	-0.50	-0.63	0.13	1.28
UFPT	UFP TECHNOLOGIES INC	$217.82	101,000	-35.26%	216.39	218.97	211.95	211.86	218.20	50.41	44.48	37.61	45.22	33.37	0.10	1.13	-1.03	0.91
STEX	STREAMEX CORP	$4.12	1,434,000	215.86%	4.35	4.20	4.65	4.85	4.14	44.66	49.15	64.14	39.23	61.85	-0.06	-0.09	0.03	1.17
AMIX	AUTONOMIX MEDICAL INC	$0.66	407,000	32.57%	0.81	0.91	0.98	1.07	1.41	34.32	2.23	3.91	2.15	2.84	-0.07	-0.05	-0.02	0.60
VVOS	VIVOS THERAPEUTICS INC	$2.02	221,000	90.52%	2.11	2.18	2.53	3.31	3.27	36.08	24.76	32.54	48.02	69.41	-0.13	-0.15	0.02	0.87
XAIR	BEYOND AIR INC	$1.01	94,000	1.08%	1.12	1.22	1.76	2.14	3.20	28.93	14.47	22.10	43.72	54.66	-0.18	-0.20	0.01	1.02
SINT	SINTX TECHNOLOGIES INC	$3.49	54,400	-53.90%	3.86	3.69	3.67	3.71	3.27	46.02	39.70	56.27	26.39	47.60	0.07	0.07	-0.00	1.48
CATX	PERSPECTIVE THERAPEUTICS INC	$2.54	1,814,000	1.40%	2.44	2.33	2.83	3.19	3.01	52.36	75.27	84.47	88.51	95.55	-0.01	-0.09	0.08	1.24
LUCD	LUCID DIAGNOSTICS INC	$1.11	387,000	-29.25%	1.08	1.07	1.13	1.10	1.20	52.67	82.92	84.88	88.00	96.00	0.00	-0.01	0.01	0.81
CVRX	CVRX INC	$8.18	138,000	-10.97%	8.75	9.14	9.51	8.56	8.31	33.97	9.50	9.35	2.07	2.15	-0.31	-0.18	-0.13	1.56
AEMD	AETHLON MEDICAL INC	$3.05	72,600	153.85%	3.73	3.88	4.89	7.90	16.84	36.73	7.45	14.58	12.42	28.96	-0.44	-0.43	-0.01	0.85
COCH	ENVOY MEDICAL INC	$0.75	221,000	20.77%	0.82	0.79	0.81	1.03	1.25	43.60	47.86	69.41	27.56	57.43	0.01	0.00	0.00	0.06
NXL	NEXALIN TECHNOLOGY INC	$0.82	375,000	286.60%	0.96	1.00	1.23	1.07	1.29	31.63	15.95	26.36	41.17	64.66	-0.08	-0.08	-0.01	1.40

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Dec 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. Tactile Systems Technology (NASDAQ:TCMD)

Tactile Systems Technology (NASDAQ:TCMD) is the #1 top medical device stock out of 138 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 45, which is 18 points higher than the medical device industry average of 27.

TCMD passed 14 out of 33 due diligence checks and has strong fundamentals. Tactile Systems Technology has seen its stock return 58.92% over the past year, overperforming other medical device stocks by 91 percentage points.

Tactile Systems Technology has an average 1 year price target of $23.25, a downside of -18.22% from Tactile Systems Technology's current stock price of $28.43.

Tactile Systems Technology stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Tactile Systems Technology, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Varex Imaging (NASDAQ:VREX)

Varex Imaging (NASDAQ:VREX) is the #2 top medical device stock out of 138 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: B, Safety: B, Financials: B, and AI: B.

Varex Imaging (NASDAQ:VREX) 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 VREX as a "A".

VREX passed 7 out of 33 due diligence checks and has weak fundamentals. Varex Imaging has seen its stock lose -22.32% over the past year, overperforming other medical device stocks by 10 percentage points.

Varex Imaging has an average 1 year price target of $16.67, an upside of 41.25% from Varex Imaging's current stock price of $11.80.

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.

3. Bioventus (NASDAQ:BVS)

Bioventus (NASDAQ:BVS) is the #3 top medical device stock out of 138 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: B, Safety: B, Financials: B, and AI: C.

Bioventus (NASDAQ:BVS) has a Due Diligence Score of 33, which is 6 points higher than the medical device industry average of 27.

BVS passed 11 out of 33 due diligence checks and has average fundamentals. Bioventus has seen its stock lose -32.74% over the past year, underperforming other medical device stocks by -1 percentage points.

Bioventus has an average 1 year price target of $12.00, an upside of 60% from Bioventus's current stock price of $7.50.

Bioventus stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Bioventus, 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 2.36%, which is 1 percentage points higher than the medical device industry average of 1%. 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. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) has an annual dividend yield of 1.49%, which is the same as the medical device industry average of 1%. Conmed's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Conmed's dividend has not shown consistent growth over the last 10 years.

Conmed's dividend payout ratio of 38.8% 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 1.38%, which is the same as the medical device industry average of 1%. 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.

Why are medical device stocks down?

Medical device stocks were down -0.57% in the last day, and down -0.65% over the last week. Profusa was the among the top losers in the medical devices industry, dropping -19.74% yesterday.

PFSA stock has given up its prior gain. Profusa shares were trading higher after the company reported late-breaking data showing its Lumee oxygen monitoring system met primary endpoints in a peripheral artery disease study.

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 -20.26% in the past year. It has overperformed other stocks in the medical device industry by 12 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 57, which is 43 points higher than the medical device industry average of 14. It passed 4 out of 7 valuation due diligence checks.

Conmed's stock has dropped -43.47% in the past year. It has underperformed other stocks in the medical device industry by -11 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 15 points higher than the medical device industry average of 14. It passed 2 out of 7 valuation due diligence checks.

Bioventus's stock has dropped -32.74% in the past year. It has underperformed other stocks in the medical device industry by -1 percentage points.

Are medical device stocks a good buy now?

53.13% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 23.72% over the next year.

6.8% of medical device stocks have a Zen Rating of A (Strong Buy), 18.45% of medical device stocks are rated B (Buy), 49.51% are rated C (Hold), 22.33% are rated D (Sell), and 2.91% 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 24.29x.

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. Tactile Systems Technology (NASDAQ:TCMD)

2. Varex Imaging (NASDAQ:VREX)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Conmed (NYSE:CNMD)

3. Abbott Laboratories (NYSE:ABT)

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 (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. Tactile Systems Technology (NASDAQ:TCMD)

2. Varex Imaging (NASDAQ:VREX)

3. Bioventus (NASDAQ:BVS)

1. Smith & Nephew (NYSE:SNN)

2. Conmed (NYSE:CNMD)

3. Abbott Laboratories (NYSE:ABT)

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 (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.