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 41st 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
INFU	INFUSYSTEM HOLDINGS INC	$186.08M	14.00%	7.90%	15.95%	13.70%	0.68	2.14	56.70%	5.60%	9.13%
ICUI	ICU MEDICAL INC	$4.32B	2.20%	1.10%	2.49%	3.60%	0.90	2.34	37.90%	2.10%	4.03%
MMSI	MERIT MEDICAL SYSTEMS INC	$5.11B	9.10%	5.30%	8.71%	12.10%	0.71	4.20	49.50%	9.20%	14.33%
HAE	HAEMONETICS CORP	$3.94B	11.30%	4.00%	7.42%	8.50%	2.01	2.95	59.00%	7.30%	11.75%
ATRC	ATRICURE INC	$1.97B	2.10%	1.60%	2.98%	8.50%	0.31	4.22	76.30%	1.90%	3.11%
COO	COOPER COMPANIES INC	$14.48B	2.80%	1.90%	4.74%	6.40%	0.52	1.27	65.50%	5.60%	11.95%
NVST	ENVISTA HOLDINGS CORP	$4.45B	2.20%	1.20%	4.91%	10.30%	0.81	2.44	54.90%	2.40%	8.37%
WST	WEST PHARMACEUTICAL SERVICES INC	$24.49B	18.50%	13.60%	20.77%	23.10%	0.36	2.82	36.80%	17.00%	21.45%
BLCO	BAUSCH & LOMB CORP	$5.99B	-2.70%	-1.20%	2.64%	3.60%	1.16	1.55	61.40%	-3.20%	5.94%
BAX	BAXTER INTERNATIONAL INC	$14.53B	-16.60%	-5.30%	-2.05%	-2.20%	2.19	1.95	30.10%	-9.30%	-2.89%
ISRG	INTUITIVE SURGICAL INC	$132.62B	17.80%	15.50%	19.98%	26.90%	0.14	4.96	66.70%	28.40%	34.32%
LMAT	LEMAITRE VASCULAR INC	$2.37B	16.20%	10.30%	14.39%	13.60%	0.55	14.32	72.40%	24.30%	33.48%
PDEX	PRO DEX INC	$203.09M	29.10%	18.30%	27.94%	27.90%	0.66	3.67	27.80%	16.10%	22.59%
ALC	ALCON INC	$34.24B	3.70%	2.60%	4.17%	8.50%	0.43	2.20	55.40%	7.70%	11.22%
KRMD	KORU MEDICAL SYSTEMS INC	$194.30M	-13.60%	-8.30%	-11.43%	-16.30%	0.69	2.33	61.90%	-5.30%	-5.22%
STAA	STAAR SURGICAL CO	$1.21B	-6.10%	-4.70%	-5.01%	-7.80%	0.28	5.12	76.90%	-7.20%	-6.74%
ANGO	ANGIODYNAMICS INC	$627.01M	-21.00%	-13.80%	-18.71%	-42.10%	0.56	2.19	54.60%	-11.50%	-11.24%
NNNN	ANBIO BIOTECHNOLOGY	$1.53B	27.00%	26.00%	21.24%	46.00%	0.00	344.31	87.20%	74.10%	74.06%
RGEN	REPLIGEN CORP	$8.30B	2.00%	1.40%	2.64%	5.40%	0.40	9.05	53.80%	5.30%	9.46%
RMD	RESMED INC	$31.21B	24.40%	18.00%	25.19%	59.10%	0.35	3.01	61.60%	27.40%	33.82%
STVN	STEVANATO GROUP SPA	$6.24B	9.70%	5.70%	10.63%	9.70%	0.69	1.63	29.00%	11.70%	17.87%
XRAY	DENTSPLY SIRONA INC	$2.83B	-41.20%	-11.20%	-11.93%	-11.60%	2.97	1.53	48.90%	-17.10%	-13.04%
UTMD	UTAH MEDICAL PRODUCTS INC	$231.64M	9.10%	8.90%	11.11%	68.10%	0.03	28.64	57.90%	28.90%	35.79%
BDX	BECTON DICKINSON & CO	$46.90B	4.50%	2.10%	4.68%	7.10%	1.11	0.94	46.80%	5.30%	9.27%
AZTA	AZENTA INC	$1.38B	-10.70%	-8.80%	-13.25%	-28.40%	0.23	2.83	43.80%	-29.90%	-36.60%
MDLN	MEDLINE INC	$53.16B	N/A	N/A	N/A	N/A	1.75	4.41	N/A	N/A	N/A
EMBC	EMBECTA CORP	$220.70M	-17.50%	10.30%	34.40%	13.40%	-2.64	2.46	61.90%	10.70%	25.80%
WRBY	WARBY PARKER INC	$3.47B	0.40%	0.20%	-1.05%	-1.20%	0.96	2.33	53.40%	0.20%	-0.69%
ATR	APTARGROUP INC	$8.70B	13.60%	7.00%	12.95%	18.80%	0.95	1.61	36.10%	9.20%	13.16%
PLSE	PULSE BIOSCIENCES INC	$2.61B	-86.70%	-73.60%	-103.82%	-847.60%	0.23	7.26	-21.00%	-9,929.00%	-9,929.03%
NYXH	NYXOAH SA	$62.82M	-159.80%	-78.50%	-129.21%	-210.60%	1.72	0.99	60.70%	-545.70%	-476.63%
FEMY	FEMASYS INC	$8.97M	-258.10%	-73.70%	-80.87%	-103.20%	1.26	3.91	61.60%	-521.80%	-453.89%
AVR	ANTERIS TECHNOLOGIES GLOBAL CORP	$805.99M	-124.40%	-101.20%	-33.71%	4,940.10%	0.06	20.93	74.30%	-5,148.80%	-5,118.21%
AGPU	AXE COMPUTE INC	$87.82M	-10,705.20%	-910.80%	-581.44%	-65,430.40%	0.12	8.89	31.80%	-474,020.60%	-474,020.63%
KMTS	KESTRA MEDICAL TECHNOLOGIES LTD	$1.41B	-58.80%	-42.10%	-40.17%	-99.80%	0.38	4.41	51.40%	-138.40%	-130.11%
MBOT	MICROBOT MEDICAL INC	$118.88M	-21.80%	-20.70%	-19.03%	-23.10%	0.05	22.60	1.90%	-13,535.20%	-13,535.24%
TFX	TELEFLEX INC	$6.18B	-28.30%	-13.90%	-15.30%	-21.20%	1.20	2.55	53.30%	-35.90%	-32.95%
OSUR	ORASURE TECHNOLOGIES INC	$286.41M	-21.50%	-18.20%	-21.86%	-62.60%	0.21	5.46	42.20%	-66.40%	-64.81%
RGNT	REGENTIS BIOMATERIALS LTD	$9.69M	N/A	-337.00%	-287.69%	1,188.30%	0.61	2.65	N/A	N/A	N/A
STXS	STEREOTAXIS INC	$129.99M	-258.10%	-47.60%	-70.07%	-207.70%	2.40	1.56	53.90%	-73.60%	-69.50%
POCI	PRECISION OPTICS CORPORATION INC	$45.86M	-37.50%	-20.00%	-20.25%	-65.20%	0.68	2.10	13.80%	-17.00%	-16.44%
SMTI	SANARA MEDTECH INC	$311.57M	-246.40%	-43.00%	-47.38%	-40.20%	8.86	2.28	92.90%	-31.20%	-24.50%
ZJYL	JIN MEDICAL INTERNATIONAL LTD	$15.11M	4.10%	2.40%	4.75%	4.00%	0.80	1.86	29.20%	5.80%	6.80%
BLFS	BIOLIFE SOLUTIONS INC	$1.57B	-0.80%	-0.70%	-1.55%	-4.10%	0.08	7.30	64.00%	-3.00%	-5.94%
CUPR	CUPRINA HOLDINGS (CAYMAN) LTD	$7.75M	-1,569.10%	-91.20%	-86.45%	663.90%	0.68	2.35	-1.30%	-9,366.80%	-9,337.38%
HBIO	HARVARD BIOSCIENCE INC	$28.46M	-73.00%	-12.40%	-7.50%	-7.10%	6.76	1.99	58.40%	-11.40%	-4.74%
GCTK	GLUCOTRACK INC	$2.60M	-582.00%	-220.10%	2,713.25%	1,205.50%	-6.12	0.85	N/A	N/A	N/A
NEPH	NEPHROS INC	$38.11M	7.70%	5.90%	7.00%	13.60%	0.29	4.55	59.90%	4.10%	4.13%
BNGO	BIONANO GENOMICS INC	$12.79M	-71.40%	-43.10%	-72.35%	-57.50%	0.73	1.84	47.00%	-109.90%	-109.70%
MLSS	MILESTONE SCIENTIFIC INC	$38.31M	-166.30%	-56.60%	-145.72%	-135.20%	2.49	1.51	71.00%	-51.30%	-50.83%
NXGL	NEXGEL INC	$3.86M	-70.20%	-29.60%	-38.15%	-40.00%	1.78	1.70	38.90%	-28.50%	-28.05%
LUCY	INNOVATIVE EYEWEAR INC	$4.37M	-83.40%	-76.00%	-96.81%	-270.40%	0.13	8.02	17.50%	-272.50%	-272.48%
ZTEK	ZENTEK LTD	$72.65M	-81.70%	-57.60%	-83.34%	-70.10%	0.54	0.64	-1,019.00%	-5,882.60%	-5,798.51%
RVP	RETRACTABLE TECHNOLOGIES INC	$19.76M	-8.80%	-4.50%	-4.87%	-4.70%	0.96	5.74	-2.10%	-17.60%	-16.68%

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. Infusystem Holdings (NYSEMKT:INFU)

Infusystem Holdings (NYSEMKT:INFU) is the #1 top medical stock out of 54 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: B, Growth: C, Momentum: C, Sentiment: A, Safety: B, Financials: A, and AI: C.

Infusystem Holdings (NYSEMKT:INFU) has a Due Diligence Score of 41, which is 11 points higher than the medical industry average of 30.

INFU passed 13 out of 33 due diligence checks and has strong fundamentals. Infusystem Holdings has seen its stock return 57.61% over the past year, overperforming other medical stocks by 58 percentage points.

Infusystem Holdings has an average 1 year price target of $15.00, an upside of 62.69% from Infusystem Holdings's current stock price of $9.22.

Infusystem Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst 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.

2. Icu Medical (NASDAQ:ICUI)

Icu Medical (NASDAQ:ICUI) is the #2 top medical stock out of 54 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year. Learn more.

The Component Grade breakdown for Icu Medical (NASDAQ:ICUI) is: Value: B, Growth: B, Momentum: C, Sentiment: B, 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 "B".

ICUI passed 9 out of 33 due diligence checks and has average fundamentals. Icu Medical has seen its stock return 32.97% over the past year, overperforming other medical stocks by 33 percentage points.

Icu Medical has an average 1 year price target of $170.00, a downside of -1.7% from Icu Medical's current stock price of $172.94.

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. Merit Medical Systems (NASDAQ:MMSI)

Merit Medical Systems (NASDAQ:MMSI) is the #3 top medical stock out of 54 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year. Learn more.

The Component Grade breakdown for Merit Medical Systems (NASDAQ:MMSI) is: Value: C, Growth: B, Momentum: D, Sentiment: B, Safety: B, Financials: C, and AI: C.

Merit Medical Systems (NASDAQ:MMSI) has a Due Diligence Score of 50, which is 20 points higher than the medical industry average of 30.

MMSI passed 16 out of 33 due diligence checks and has strong fundamentals. Merit Medical Systems has seen its stock return 0.18% over the past year.

Merit Medical Systems has an average 1 year price target of $98.71, an upside of 15.41% from Merit Medical Systems's current stock price of $85.53.

Merit Medical Systems stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Merit Medical Systems, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% 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 12.37%, which is 10 percentage points higher than the medical industry average of 2.1%.

Embecta's dividend payout ratio of 31.2% 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 2.46%, which is the same as the medical industry average of 2.1%. 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 105.8% 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 1.7%, which is the same as the medical industry average of 2.1%. 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 36.4% indicates that its dividend yield is sustainable for the long-term.

Why are medical stocks up?

Medical stocks were up 3.18% in the last day, and up 6.71% over the last week. Baxter International was the among the top gainers in the medical instruments & supplies industry, gaining 7.42% yesterday.

Shares of medical device and equipment companies are trading higher as investors assess the key takeaways from last week's financial results across the sector.

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 43, which is 27 points higher than the medical industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Embecta's stock has dropped -62% in the past year. It has underperformed other stocks in the medical industry by -62 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 -2 points higher than the medical industry average of 16. 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 22.23% in the past year. It has overperformed other stocks in the medical industry by 22 percentage points.

3. Becton Dickinson & Co (NYSE:BDX)

Becton Dickinson & Co (NYSE:BDX) 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.

Becton Dickinson & Co has a valuation score of 43, which is 27 points higher than the medical industry average of 16. It passed 3 out of 7 valuation due diligence checks.

Becton Dickinson & Co's stock has dropped -4.86% in the past year. It has underperformed other stocks in the medical industry by -5 percentage points.

Are medical stocks a good buy now?

52.5% of medical stocks rated by analysts are a strong buy right now. On average, analysts expect medical stocks to rise by 17% over the next year.

2.5% of medical stocks have a Zen Rating of A (Strong Buy), 27.5% of medical stocks are rated B (Buy), 55% are rated C (Hold), 15% 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 43.8x.

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. Infusystem Holdings (NYSEMKT:INFU)

2. Icu Medical (NASDAQ:ICUI)

3. Merit Medical Systems (NASDAQ:MMSI)

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. Becton Dickinson & Co (NYSE:BDX)

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. Infusystem Holdings (NYSEMKT:INFU)

2. Icu Medical (NASDAQ:ICUI)

3. Merit Medical Systems (NASDAQ:MMSI)

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. Becton Dickinson & Co (NYSE:BDX)

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.