Sectors & Industries HealthcareMedical Instruments & Supplies
Best Medical Stocks to Buy Now (2026)
Top medical stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best medical stocks to buy now. Learn More.

Industry: Medical Instruments & Sup...

Overview Zen Rating Price Value Growth Financials

Momentum Sentiment Forecast Dividends Due Diligence

Medical is Zen Rated B and is the 33rd ranked industry out of 145 stock market industries

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
HAE	HAEMONETICS CORP	$4.13B	11.30%	4.00%	7.63%	8.50%	1.83	3.08	59.00%	7.10%	11.86%
ICUI	ICU MEDICAL INC	$4.58B	1.40%	0.70%	2.07%	3.00%	0.85	2.43	39.10%	1.40%	3.33%
INFU	INFUSYSTEM HOLDINGS INC	$244.38M	14.80%	8.60%	16.16%	14.40%	0.65	2.50	57.50%	6.00%	9.29%
NVST	ENVISTA HOLDINGS CORP	$4.51B	3.10%	1.70%	5.63%	11.80%	0.82	2.43	55.20%	3.30%	9.43%
MMSI	MERIT MEDICAL SYSTEMS INC	$5.42B	9.10%	5.30%	8.71%	12.10%	0.71	4.20	49.50%	9.20%	14.33%
ATRC	ATRICURE INC	$2.25B	2.10%	1.60%	2.98%	8.50%	0.31	4.22	76.30%	1.90%	3.11%
BLCO	BAUSCH & LOMB CORP	$6.09B	-2.70%	-1.20%	2.64%	3.60%	1.16	1.55	61.40%	-3.20%	5.94%
BAX	BAXTER INTERNATIONAL INC	$13.82B	-16.60%	-5.30%	-2.05%	-2.20%	2.19	1.95	30.10%	-9.30%	-2.89%
WST	WEST PHARMACEUTICAL SERVICES INC	$24.59B	18.50%	13.60%	20.77%	23.10%	0.36	2.82	36.80%	17.00%	21.45%
PDEX	PRO DEX INC	$213.98M	29.10%	18.30%	27.94%	27.90%	0.66	3.67	27.80%	16.10%	22.59%
COO	COOPER COMPANIES INC	$14.86B	2.80%	1.90%	4.74%	6.40%	0.52	1.27	65.50%	5.60%	11.95%
ISRG	INTUITIVE SURGICAL INC	$139.37B	17.80%	15.50%	19.98%	26.90%	0.14	4.96	66.70%	28.40%	34.32%
ANGO	ANGIODYNAMICS INC	$655.12M	-21.00%	-13.80%	-18.71%	-42.10%	0.56	2.19	54.60%	-11.50%	-11.24%
KRMD	KORU MEDICAL SYSTEMS INC	$156.98M	-10.60%	-6.50%	-8.71%	-13.00%	0.55	2.72	62.40%	-4.00%	-4.01%
EMBC	EMBECTA CORP	$288.96M	-14.00%	7.90%	26.22%	11.10%	-3.07	1.68	59.00%	8.60%	21.76%
STAA	STAAR SURGICAL CO	$1.31B	1.10%	0.80%	4.33%	6.90%	0.30	4.67	76.60%	1.10%	5.12%
MDLN	MEDLINE INC	$46.99B	5.50%	1.80%	4.16%	5.90%	1.75	4.33	26.20%	2.30%	5.09%
ALC	ALCON INC	$35.89B	2.90%	2.00%	3.40%	6.80%	0.44	2.09	56.80%	5.90%	8.75%
POCI	PRECISION OPTICS CORPORATION INC	$47.99M	-37.50%	-20.00%	-20.25%	-65.20%	0.68	2.10	13.80%	-17.00%	-16.44%
NNNN	ANBIO BIOTECHNOLOGY	$1.26B	27.00%	26.00%	21.24%	46.00%	0.00	344.31	87.20%	74.10%	74.06%
XRAY	DENTSPLY SIRONA INC	$2.31B	-39.80%	-10.20%	-6.34%	-6.30%	2.85	1.63	49.50%	-15.00%	-7.00%
AZTA	AZENTA INC	$1.46B	-7.60%	-6.20%	-10.19%	-20.70%	0.24	2.50	43.40%	-20.00%	-26.62%
RGEN	REPLIGEN CORP	$9.42B	2.00%	1.40%	2.64%	5.40%	0.40	9.05	53.80%	5.30%	9.46%
UTMD	UTAH MEDICAL PRODUCTS INC	$226.05M	8.70%	8.50%	10.52%	65.00%	0.02	48.62	57.90%	29.00%	35.68%
RMD	RESMED INC	$32.38B	23.90%	17.60%	25.35%	59.30%	0.36	3.10	61.10%	26.90%	33.95%
WRBY	WARBY PARKER INC	$3.20B	2.10%	1.10%	0.25%	0.30%	0.97	2.27	54.70%	0.80%	0.17%
TFX	TELEFLEX INC	$5.81B	-31.90%	-14.50%	-15.70%	-20.20%	1.34	2.60	53.80%	-39.70%	-36.61%
LMAT	LEMAITRE VASCULAR INC	$1.88B	16.40%	10.60%	14.73%	13.80%	0.52	16.31	72.90%	25.00%	34.27%
STVN	STEVANATO GROUP SPA	$6.38B	9.00%	5.30%	10.02%	9.00%	0.69	1.61	29.20%	11.00%	16.69%
OSUR	ORASURE TECHNOLOGIES INC	$264.84M	-14.70%	-12.50%	-14.68%	-41.90%	0.14	8.88	42.60%	-43.70%	-43.81%
BDX	BECTON DICKINSON & CO	$49.96B	3.80%	1.80%	4.20%	6.60%	1.08	0.87	46.40%	4.50%	8.33%
ATR	APTARGROUP INC	$8.40B	13.60%	7.00%	12.95%	18.80%	0.95	1.61	36.10%	9.20%	13.16%
AVR	ANTERIS TECHNOLOGIES GLOBAL CORP	$916.11M	-77.70%	-68.00%	-40.48%	4,844.70%	0.08	14.20	75.00%	-4,619.30%	-4,589.16%
KMTS	KESTRA MEDICAL TECHNOLOGIES LTD	$1.64B	-58.80%	-42.10%	-40.17%	-99.80%	0.38	4.41	51.40%	-138.40%	-130.11%
FEMY	FEMASYS INC	$6.91M	-258.10%	-73.70%	-80.87%	-103.20%	1.26	3.91	61.60%	-521.80%	-453.89%
PLSE	PULSE BIOSCIENCES INC	$3.18B	-94.40%	-80.00%	-76.55%	-987.10%	0.16	9.63	0.30%	-6,755.80%	-6,755.78%
NYXH	NYXOAH SA	$69.70M	-175.30%	-80.30%	-62.27%	-184.10%	1.03	2.38	60.20%	-443.20%	-348.41%
STXS	STEREOTAXIS INC	$138.28M	-203.60%	-45.50%	-77.55%	-190.10%	3.11	1.42	55.60%	-78.50%	-74.24%
RGNT	REGENTIS BIOMATERIALS LTD	$10.36M	N/A	-337.00%	-287.69%	1,188.30%	0.61	2.65	N/A	N/A	N/A
RVP	RETRACTABLE TECHNOLOGIES INC	$20.75M	-4.90%	-2.50%	-2.56%	-2.50%	0.95	4.93	-1.40%	-10.60%	-9.68%
SMTI	SANARA MEDTECH INC	$313.77M	-473.30%	-45.30%	-43.69%	-37.70%	7.71	2.58	93.00%	-29.20%	-22.54%
NXGL	NEXGEL INC	$5.16M	-70.20%	-29.60%	-38.15%	-40.00%	1.78	1.70	38.90%	-28.50%	-28.05%
NEPH	NEPHROS INC	$50.23M	16.20%	12.30%	14.11%	27.80%	0.32	4.07	61.30%	8.40%	8.46%
HBIO	HARVARD BIOSCIENCE INC	$30.30M	-92.00%	-13.30%	-7.18%	-5.70%	9.28	1.87	58.20%	-11.90%	-4.21%
BLFS	BIOLIFE SOLUTIONS INC	$1.72B	15.30%	14.10%	2.82%	7.30%	0.07	9.69	63.90%	56.40%	11.89%
MLSS	MILESTONE SCIENTIFIC INC	$43.60M	-166.30%	-56.60%	-145.72%	-135.20%	2.49	1.51	71.00%	-51.30%	-50.83%
ZTEK	ZENTEK LTD	$65.75M	-81.70%	-57.60%	-83.34%	-70.10%	0.54	0.64	-1,019.00%	-5,882.60%	-5,798.51%
LUCY	INNOVATIVE EYEWEAR INC	$4.70M	-83.40%	-76.00%	-96.81%	-270.40%	0.13	8.02	17.50%	-272.50%	-272.48%
CUPR	CUPRINA HOLDINGS (CAYMAN) LTD	$8.07M	-1,569.10%	-91.20%	-86.45%	663.90%	0.68	2.35	-1.30%	-9,366.80%	-9,337.38%
BNGO	BIONANO GENOMICS INC	$13.90M	-78.80%	-48.50%	-85.47%	-65.30%	0.51	2.48	47.50%	-106.60%	-106.36%
GCTK	GLUCOTRACK INC	$2.30M	-582.00%	-220.10%	2,713.25%	1,205.50%	-6.12	0.85	N/A	N/A	N/A
ZJYL	JIN MEDICAL INTERNATIONAL LTD	$26.46M	4.00%	2.20%	3.85%	3.40%	0.85	1.95	30.60%	5.90%	6.45%

Medical Stocks FAQ

What are the best medical stocks to buy right now in Aug 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 stocks to buy right now are:

1. Haemonetics (NYSE:HAE)

Haemonetics (NYSE:HAE) is the #1 top medical stock out of 52 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Haemonetics (NYSE:HAE) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: B, and AI: C.

Haemonetics (NYSE:HAE) has a Due Diligence Score of 34, which is 4 points higher than the medical industry average of 30.

HAE passed 11 out of 33 due diligence checks and has average fundamentals. Haemonetics has seen its stock return 73.51% over the past year, overperforming other medical stocks by 71 percentage points.

Haemonetics has an average 1 year price target of $88.83, a downside of -2.17% from Haemonetics's current stock price of $90.80.

Haemonetics stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Haemonetics, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Icu Medical (NASDAQ:ICUI)

Icu Medical (NASDAQ:ICUI) is the #2 top medical stock out of 52 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Icu Medical (NASDAQ:ICUI) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: B, Financials: C, and AI: C.

Icu Medical (NASDAQ:ICUI) has a Due Diligence Score of 27, which is -3 points lower than the medical industry average of 30. Although this number is below the industry average, our proven quant model rates ICUI as a "A".

ICUI passed 9 out of 33 due diligence checks and has average fundamentals. Icu Medical has seen its stock return 63.52% over the past year, overperforming other medical stocks by 61 percentage points.

Icu Medical has an average 1 year price target of $191.00, an upside of 4.38% from Icu Medical's current stock price of $182.98.

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

3. Infusystem Holdings (NYSEMKT:INFU)

Infusystem Holdings (NYSEMKT:INFU) is the #3 top medical stock out of 52 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year. Learn more.

The Component Grade breakdown for Infusystem Holdings (NYSEMKT:INFU) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.

Infusystem Holdings (NYSEMKT:INFU) has a Due Diligence Score of 38, which is 8 points higher than the medical industry average of 30.

INFU passed 12 out of 33 due diligence checks and has average fundamentals. Infusystem Holdings has seen its stock return 28.75% over the past year, overperforming other medical stocks by 27 percentage points.

Infusystem Holdings has an average 1 year price target of $17.50, an upside of 42.62% from Infusystem Holdings's current stock price of $12.27.

Infusystem Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Infusystem Holdings, 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 stocks with highest dividends?

Out of 11 medical stocks that have issued dividends in the past year, the 3 medical stocks with the highest dividend yields are:

1. Embecta (NASDAQ:EMBC)

Embecta (NASDAQ:EMBC) has an annual dividend yield of 9.02%, which is 7 percentage points higher than the medical industry average of 1.85%.

Embecta's dividend payout ratio of 30.7% indicates that its high dividend yield is sustainable for the long-term.

2. Becton Dickinson & Co (NYSE:BDX)

Becton Dickinson & Co (NYSE:BDX) has an annual dividend yield of 2.28%, which is the same as the medical industry average of 1.85%. Becton Dickinson & Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Becton Dickinson & Co's dividend has shown consistent growth over the last 10 years.

Becton Dickinson & Co's dividend payout ratio of 126.2% indicates that its dividend yield might not be sustainable for the long-term.

3. Utah Medical Products (NASDAQ:UTMD)

Utah Medical Products (NASDAQ:UTMD) has an annual dividend yield of 1.74%, which is the same as the medical industry average of 1.85%. Utah Medical Products's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Utah Medical Products's dividend has shown consistent growth over the last 10 years.

Utah Medical Products's dividend payout ratio of 37.7% indicates that its dividend yield is sustainable for the long-term.

Why are medical stocks down?

Medical stocks were down -0.24% in the last day, and up 1.89% over the last week. Milestone Scientific was the among the top losers in the medical instruments & supplies industry, dropping -10.49% yesterday.

Milestone Scientific shares are trading lower after the company reported Q2 financial results and issued Q3 sales guidance below analyst estimates.

What are the most undervalued medical 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 stocks right now are:

1. Embecta (NASDAQ:EMBC)

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

Embecta has a valuation score of 57, which is 42 points higher than the medical industry average of 15. It passed 4 out of 7 valuation due diligence checks.

Embecta's stock has dropped -63.23% in the past year. It has underperformed other stocks in the medical industry by -65 percentage points.

2. Bausch & Lomb (NYSE:BLCO)

Bausch & Lomb (NYSE:BLCO) is the second most undervalued medical stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Bausch & Lomb has a valuation score of 14, which is -1 points higher than the medical industry average of 15. It passed 1 out of 7 valuation due diligence checks. Although this number is below the industry average, our proven quant model rates BLCO a Valuation Rating of "B".

Bausch & Lomb's stock has gained 21.09% in the past year. It has overperformed other stocks in the medical industry by 19 percentage points.

3. Dentsply Sirona (NASDAQ:XRAY)

Dentsply Sirona (NASDAQ:XRAY) is the third most undervalued medical stock based on its Valuation Rating of B. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Dentsply Sirona has a valuation score of 43, which is 28 points higher than the medical industry average of 15. It passed 3 out of 7 valuation due diligence checks.

Dentsply Sirona's stock has dropped -16.44% in the past year. It has underperformed other stocks in the medical industry by -19 percentage points.

Are medical stocks a good buy now?

47.5% of medical stocks rated by analysts are a strong buy right now. On average, analysts expect medical stocks to rise by 14.04% over the next year.

7.69% of medical stocks have a Zen Rating of A (Strong Buy), 20.51% of medical stocks are rated B (Buy), 61.54% are rated C (Hold), 10.26% are rated D (Sell), and 0% are rated F (Strong Sell).

What is the average p/e ratio of the medical instruments & supplies industry?

The average P/E ratio of the medical instruments & supplies industry is 44.08x.

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 Instruments & Supplies
Best Medical Stocks to Buy Now (2026)
Top medical stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best medical stocks to buy now. Learn More.

Medical Stocks FAQ

1. Haemonetics (NYSE:HAE)

2. Icu Medical (NASDAQ:ICUI)

3. Infusystem Holdings (NYSEMKT:INFU)

1. Embecta (NASDAQ:EMBC)

2. Becton Dickinson & Co (NYSE:BDX)

3. Utah Medical Products (NASDAQ:UTMD)

1. Embecta (NASDAQ:EMBC)

2. Bausch & Lomb (NYSE:BLCO)

3. Dentsply Sirona (NASDAQ:XRAY)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesHealthcareMedical Instruments & SuppliesBest Medical Stocks to Buy Now (2026)Top medical stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best medical stocks to buy now. Learn More.

Medical Stocks FAQ

1. Haemonetics (NYSE:HAE)

2. Icu Medical (NASDAQ:ICUI)

3. Infusystem Holdings (NYSEMKT:INFU)

1. Embecta (NASDAQ:EMBC)

2. Becton Dickinson & Co (NYSE:BDX)

3. Utah Medical Products (NASDAQ:UTMD)

1. Embecta (NASDAQ:EMBC)

2. Bausch & Lomb (NYSE:BLCO)

3. Dentsply Sirona (NASDAQ:XRAY)

Company

Stock Tools

Stock Ideas

Sectors & Industries HealthcareMedical Instruments & Supplies
Best Medical Stocks to Buy Now (2026)
Top medical stocks in 2026 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +28.50% per year, and are the best medical stocks to buy now. Learn More.