Sectors & IndustriesHealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Due Diligence Score. See the best medical device stocks to buy now, according to analyst forecasts for the medical devices industry.

Industry: Medical Devices
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
SRTS
SENSUS HEALTHCARE INC
United States
$147.35M16,390,05123.71%31.45%Net Selling
EW
EDWARDS LIFESCIENCES CORP
United States
$42.52B589,800,00080.47%1.20%Net SellingNet Selling
INSP
INSPIRE MEDICAL SYSTEMS INC
United States
$5.75B29,966,91466.11%33.89%Net SellingNet Buying
PODD
INSULET CORP
United States
$19.97B70,144,77580.18%19.82%Net SellingNet Selling
INMD
INMODE LTD
Israel
$1.25B69,558,67066.28%0.00%
VMD
VIEMED HEALTHCARE INC
United States
$324.34M38,936,56264.75%13.20%Net SellingNet Selling
DXCM
DEXCOM INC
United States
$34.68B390,595,39090.96%4.53%Net SellingNet Selling
ALGN
ALIGN TECHNOLOGY INC
United States
$16.15B74,653,06084.60%15.40%Net Selling
ABT
ABBOTT LABORATORIES
United States
$229.05B1,734,455,21374.18%1.14%Net SellingNet Selling
BSX
BOSTON SCIENTIFIC CORP
United States
$154.71B1,473,827,48588.35%5.75%Net SellingNet Selling
TMDX
TRANSMEDICS GROUP INC
United States
$2.50B33,561,51778.68%21.32%Net SellingNet Buying
SMLR
SEMLER SCIENTIFIC INC
United States
$376.32M7,266,24239.40%60.60%Net BuyingNet Buying
LIVN
LIVANOVA PLC
United Kingdom
$2.65B54,300,83590.42%9.58%Net SellingNet Selling
IRMD
IRADIMED CORP
United States
$794.24M12,673,44153.15%41.22%Net SellingNet Selling
PEN
PENUMBRA INC
United States
$10.21B38,379,19989.53%10.47%Net SellingNet Selling
CTKB
CYTEK BIOSCIENCES INC
United States
$722.63M128,810,61458.20%21.81%Net SellingNet Selling
KIDS
ORTHOPEDIATRICS CORP
United States
$597.16M24,215,93642.95%57.05%Net Selling
BWAY
BRAINSWAY LTD
Israel
$176.18M33,242,1899.84%0.00%
AVNS
AVANOS MEDICAL INC
United States
$793.68M45,956,99792.96%3.27%Net Buying
NSYS
NORTECH SYSTEMS INC
United States
$28.86M2,756,7542.70%97.30%Net Buying
ZBH
ZIMMER BIOMET HOLDINGS INC
United States
$21.55B199,073,71274.60%25.40%Net SellingNet Selling
SIBN
SI-BONE INC
United States
$759.08M41,938,17957.18%42.82%Net SellingNet Selling
SNN
SMITH & NEPHEW PLC
United Kingdom
$11.46B877,672,6433.49%0.00%
GMED
GLOBUS MEDICAL INC
United States
$12.58B136,167,34277.35%22.65%Net SellingNet Selling
PROF
PROFOUND MEDICAL CORP
Canada
$154.14M24,661,77138.18%0.00%
TCMD
TACTILE SYSTEMS TECHNOLOGY INC
United States
$424.51M23,997,08977.67%22.33%Net Selling
LFWD
LIFEWARD LTD
Israel
$12.24M8,808,1432.40%97.60%Net SellingNet Selling
STE
STERIS PLC
Ireland
$21.80B98,707,32794.19%0.93%Net SellingNet Selling
NSPR
INSPIREMD INC
Israel
$72.77M26,083,76333.96%66.04%Net Buying
UFPT
UFP TECHNOLOGIES INC
United States
$2.19B7,674,36385.02%14.98%Net SellingNet Selling
CLPT
CLEARPOINT NEURO INC
United States
$518.59M27,584,69924.74%25.54%Net SellingNet Buying
RXST
RXSIGHT INC
United States
$1.38B40,304,46573.23%26.77%Net BuyingNet Buying
RPID
RAPID MICRO BIOSYSTEMS INC
United States
$130.39M43,034,22136.63%63.37%Net BuyingNet Buying
ELMD
ELECTROMED INC
United States
$296.71M8,458,00521.97%78.03%Net SellingNet Selling
QIPT
QUIPT HOME MEDICAL CORP
United States
$126.01M42,571,00053.43%9.64%Net BuyingNet Buying
ECOR
ELECTROCORE INC
United States
$104.87M6,554,59110.47%89.53%Net Buying
CNMD
CONMED CORP
United States
$2.29B30,890,85397.21%2.79%Net BuyingNet Buying
ICAD
ICAD INC
United States
$97.93M26,540,03019.60%62.73%
HYPR
HYPERFINE INC
United States
$118.18M72,948,74614.17%36.15%Net SellingNet Selling
LUNG
PULMONX CORP
United States
$242.85M39,487,87986.62%13.38%Net SellingNet Selling
BRKR
BRUKER CORP
United States
$8.71B151,598,24050.73%49.27%Net BuyingNet Buying
MDT
MEDTRONIC PLC
Ireland
$117.57B1,282,285,68180.93%0.57%Net SellingNet Selling
QTRX
QUANTERIX CORP
United States
$333.62M38,524,32664.29%35.71%Net BuyingNet Selling
MASI
MASIMO CORP
United States
$9.53B53,540,56683.11%16.89%Net BuyingNet Selling
ITGR
INTEGER HOLDINGS CORP
United States
$4.77B33,542,02295.86%4.14%Net SellingNet Selling
DCTH
DELCATH SYSTEMS INC
United States
$521.17M31,973,78432.08%65.99%Net BuyingNet Buying
INBS
INTELLIGENT BIO SOLUTIONS INC
United States
$7.46M4,386,8165.76%39.35%
MASS
908 DEVICES INC
United States
$92.28M34,822,83653.48%46.27%Net BuyingNet Buying
XAIR
BEYOND AIR INC
United States
$28.15M72,187,63620.74%14.57%Net Buying
AXGN
AXOGEN INC
United States
$830.88M44,008,25956.92%43.08%Net SellingNet Selling
SYK
STRYKER CORP
United States
$152.14B381,215,77345.93%54.07%Net SellingNet Selling
CODX
CO-DIAGNOSTICS INC
United States
$23.31M31,929,75213.82%29.79%Net SellingNet Selling
BFLY
BUTTERFLY NETWORK INC
United States
$958.78M213,062,04728.33%43.73%Net BuyingNet Selling
CVRX
CVRX INC
United States
$365.90M24,263,66340.15%59.85%Net BuyingNet Buying
NPCE
NEUROPACE INC
United States
$426.53M29,848,10133.56%66.44%Net SellingNet Selling
GKOS
GLAUKOS CORP
United States
$8.66B55,137,42965.15%34.85%Net SellingNet Selling
NNOX
NANO-X IMAGING LTD
Israel
$426.04M58,521,93418.31%0.00%
MXCT
MAXCYTE INC
United States
$487.33M105,482,55865.17%11.33%Net BuyingNet Selling
NVRO
NEVRO CORP
United States
$188.11M37,471,62272.53%27.47%Net SellingNet Selling
TNDM
TANDEM DIABETES CARE INC
United States
$2.41B65,676,53266.24%33.76%Net SellingNet Selling
HSCS
HEARTSCIENCES INC
United States
$3.38M980,3211.33%47.82%
IRTC
IRHYTHM TECHNOLOGIES INC
United States
$3.48B31,298,03477.73%22.27%Net SellingNet Selling
PRCT
PROCEPT BIOROBOTICS CORP
United States
$3.85B52,183,18472.87%27.13%Net SellingNet Selling
MGRM
MONOGRAM TECHNOLOGIES INC
United States
$97.79M34,312,2613.85%22.63%Net BuyingNet Buying
SGHT
SIGHT SCIENCES INC
United States
$145.67M50,754,61633.79%55.34%Net SellingNet Buying
ANIK
ANIKA THERAPEUTICS INC
United States
$263.18M14,645,59684.20%15.80%Net Selling
NUWE
NUWELLIS INC
United States
$5.42M4,373,9680.29%99.71%
HSDT
HELIUS MEDICAL TECHNOLOGIES INC
United States
$2.38M3,728,1720.13%99.87%
CERS
CERUS CORP
United States
$349.14M185,715,41580.28%5.96%Net SellingNet Selling
CATX
PERSPECTIVE THERAPEUTICS INC
United States
$239.26M67,587,54028.84%71.16%Net BuyingNet Buying
NVNO
ENVVENO MEDICAL CORP
United States
$55.76M17,536,00029.71%64.48%Net BuyingNet Buying
NARI
INARI MEDICAL INC
United States
$4.68B58,544,15880.89%19.11%Net SellingNet Selling
NAOV
NANOVIBRONIX INC
United States
$1.70M3,752,35410.95%15.04%
ICCM
ICECURE MEDICAL LTD
Israel
$70.66M54,778,8790.36%0.00%
LNSR
LENSAR INC
United States
$134.62M11,614,80732.82%49.91%Net Buying
INGN
INOGEN INC
United States
$282.25M23,818,41371.60%28.40%Net SellingNet Selling
OFIX
ORTHOFIX MEDICAL INC
United States
$727.60M38,214,18786.44%13.56%Net BuyingNet Selling
AHCO
ADAPTHEALTH CORP
United States
$1.37B134,554,88947.66%52.34%Net SellingNet Selling
ARAY
ACCURAY INC
United States
$256.05M102,830,52253.75%39.55%Net SellingNet Selling
SRDX
SURMODICS INC
United States
$483.92M14,295,99860.36%39.64%Net SellingNet Selling
RCEL
AVITA MEDICAL INC
United States
$247.49M26,217,62923.25%3.56%Net BuyingNet Buying
OM
OUTSET MEDICAL INC
United States
$42.61M52,542,02449.59%17.21%Net SellingNet Selling
NVCR
NOVOCURE LTD
Jersey
$2.62B108,201,43458.90%41.10%Net BuyingNet Selling
AEMD
AETHLON MEDICAL INC
United States
$10.61M13,961,9981.24%98.76%Net BuyingNet Selling
PAVM
PAVMED INC
United States
$7.02M11,068,5666.32%93.68%
NURO
NEUROMETRIX INC
United States
$8.89M2,042,6890.41%99.59%Net BuyingNet Buying
TMCI
TREACE MEDICAL CONCEPTS INC
United States
$656.61M62,297,07848.02%51.98%Net BuyingNet Selling
VREX
VAREX IMAGING CORP
United States
$598.83M41,100,00094.34%1.53%Net SellingNet Selling
TELA
TELA BIO INC
United States
$110.29M39,388,44344.21%55.79%Net Selling
XYLO
XYLO TECHNOLOGIES LTD
Israel
$3.53M28,851,7610.02%0.00%
RSLS
RESHAPE LIFESCIENCES INC
United States
$2.37M712,6800.01%99.99%Net Selling
MDAI
SPECTRAL AI INC
United States
$37.18M18,588,07316.60%72.51%Net Buying
ATEC
ALPHATEC HOLDINGS INC
United States
$1.69B141,767,87019.66%80.34%Net SellingNet Selling
NXL
NEXALIN TECHNOLOGY INC
United States
$46.04M12,861,6053.33%26.85%Net BuyingNet Buying
BDMD
BAIRD MEDICAL INVESTMENT HOLDINGS LTD
Hong Kong
$153.14M25,145,3580.60%24.53%
QDEL
QUIDELORTHO CORP
United States
$2.96B67,256,71779.24%20.76%Net SellingNet Selling
TLSI
TRISALUS LIFE SCIENCES INC
United States
$162.53M30,493,1377.12%67.23%Net BuyingNet Buying
XTNT
XTANT MEDICAL HOLDINGS INC
United States
$83.41M139,008,45642.15%57.85%Net SellingNet Selling
VTAK
CATHETER PRECISION INC
United States
$3.10M8,004,6332.01%50.18%Net SellingNet Selling
RBOT
VICARIOUS SURGICAL INC
United States
$77.87M5,908,2192.36%97.64%Net SellingNet Selling

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Feb 2025?

According to Due Diligence Score, the 3 best medical equipment stocks to buy right now are:

1. Sensus Healthcare (NASDAQ:SRTS)


Sensus Healthcare (NASDAQ:SRTS) is the top medical device stock with a Due Diligence Score of 69, which is 42 points higher than the medical device industry average of 27. It passed 22 out of 33 due diligence checks and has strong fundamentals. Sensus Healthcare has seen its stock return 177.47% over the past year, overperforming other medical device stocks by 181 percentage points.

Sensus Healthcare has an average 1 year price target of $12.50, an upside of 39.04% from Sensus Healthcare's current stock price of $8.99.

Sensus Healthcare stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Sensus Healthcare, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Edwards Lifesciences (NYSE:EW)


Edwards Lifesciences (NYSE:EW) is the second best medical device stock with a Due Diligence Score of 58, which is 31 points higher than the medical device industry average of 27. It passed 19 out of 33 due diligence checks and has strong fundamentals. Edwards Lifesciences has seen its stock lose -16.22% over the past year, underperforming other medical device stocks by -13 percentage points.

Edwards Lifesciences has an average 1 year price target of $77.94, an upside of 8.11% from Edwards Lifesciences's current stock price of $72.10.

Edwards Lifesciences stock has a consensus Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Edwards Lifesciences, 33.33% have issued a Strong Buy rating, 11.11% have issued a Buy, 50% have issued a hold, while 5.56% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Inmode (NASDAQ:INMD)


Inmode (NASDAQ:INMD) is the third best medical device stock with a Due Diligence Score of 55, which is 28 points higher than the medical device industry average of 27. It passed 17 out of 33 due diligence checks and has strong fundamentals. Inmode has seen its stock lose -23.7% over the past year, underperforming other medical device stocks by -20 percentage points.

Inmode has an average 1 year price target of $27.00, an upside of 50.33% from Inmode's current stock price of $17.96.

Inmode stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Inmode, 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 5 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 2.87%, which is 2 percentage points higher than the medical device industry average of 1.17%. 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 107.1% indicates that its dividend yield might not be sustainable for the long-term.

2. Abbott Laboratories (NYSE:ABT)


Abbott Laboratories (NYSE:ABT) has an annual dividend yield of 1.25%, which is the same as the medical device industry average of 1.17%. 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 66.7% indicates that its dividend yield is sustainable for the long-term.

3. Steris (NYSE:STE)


Steris (NYSE:STE) has an annual dividend yield of 0.99%, which is the same as the medical device industry average of 1.17%. Steris's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Steris's dividend has shown consistent growth over the last 10 years.

Steris's dividend payout ratio of 48.4% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks up?

Medical device stocks were up 1.28% in the last day, and up 0.83% over the last week. Sensus Healthcare was the among the top gainers in the medical devices industry, gaining 6.52% yesterday.

Sensus Healthcare shares are trading lower after the company reported mixed Q4 financial results.

What are the most undervalued medical device stocks?

Based on WallStreetZen's Valuation Score, 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 WallStreetZen's Valuation Score. 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 -23.7% in the past year. It has underperformed other stocks in the medical device industry by -20 percentage points.

2. Nortech Systems (NASDAQ:NSYS)


Nortech Systems (NASDAQ:NSYS) is the second most undervalued medical device stock based on WallStreetZen's Valuation Score. Nortech Systems 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.

Nortech Systems's stock has gained 3.66% in the past year. It has overperformed other stocks in the medical device industry by 7 percentage points.

3. Viemed Healthcare (NASDAQ:VMD)


Viemed Healthcare (NASDAQ:VMD) is the third most undervalued medical device stock based on WallStreetZen's Valuation Score. Viemed Healthcare 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.

Viemed Healthcare's stock has gained 1.22% in the past year. It has overperformed other stocks in the medical device industry by 5 percentage points.

Are medical device stocks a good buy now?

55.91% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 19.51% over the next year.

What is the average p/e ratio of the medical devices industry?

The average P/E ratio of the medical devices industry is 41.49x.
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.