Sectors & IndustriesHealthcareMedical 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 +32.52% per year, and are the best medical stocks to buy now. Learn More.

Industry: Medical Instruments & Sup...
B
Medical is Zen Rated B and is the 34th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Exchange
Industry
Zen Rating
Market Cap
Price
1d %
EBITDA
P/E
D/E
Country
DD Score
INFU
INFUSYSTEM HOLDINGS INC
NYSEMKT
Medical Instruments & Supplies
$170.01M$8.41-6.24%$25.22M26.28x0.75
United States
BLCO
BAUSCH & LOMB CORP
NYSE
Medical Instruments & Supplies
$5.77B$16.181.70%$631.00M-25.68x1.15
Canada
ICUI
ICU MEDICAL INC
NASDAQ
Medical Instruments & Supplies
$3.16B$126.432.73%$305.26M67.61x0.90
United States
NVST
ENVISTA HOLDINGS CORP
NYSE
Medical Instruments & Supplies
$3.94B$24.24-0.21%$387.80M57.71x0.81
United States
MMSI
MERIT MEDICAL SYSTEMS INC
NASDAQ
Medical Instruments & Supplies
$3.66B$61.27-1.70%$348.67M26.07x0.67
United States
COO
COOPER COMPANIES INC
NASDAQ
Medical Instruments & Supplies
$11.71B$60.00-1.82%$1.13B29.56x0.49
United States
WST
WEST PHARMACEUTICAL SERVICES INC
NYSE
Medical Instruments & Supplies
$23.03B$325.921.21%$863.50M43.34x0.37
United States
ATRC
ATRICURE INC
NASDAQ
Medical Instruments & Supplies
$1.33B$26.28-5.47%$23.26M-262.80x0.31
United States
BLFS
BIOLIFE SOLUTIONS INC
NASDAQ
Medical Instruments & Supplies
$1.08B$22.04-4.67%-$53.00k-367.33x0.08
United States
LMAT
LEMAITRE VASCULAR INC
NASDAQ
Medical Instruments & Supplies
$2.47B$107.940.03%$96.30M39.11x0.55
United States
ALC
ALCON INC
NYSE
Medical Instruments & Supplies
$30.51B$62.56-2.07%$2.55B37.46x0.43
United States
HAE
HAEMONETICS CORP
NYSE
Medical Instruments & Supplies
$2.56B$55.121.38%$363.70M15.10x1.73
United States
ISRG
INTUITIVE SURGICAL INC
NASDAQ
Medical Instruments & Supplies
$159.39B$450.06-0.76%$4.29B53.83x0.14
United States
PDEX
PRO DEX INC
NASDAQ
Medical Instruments & Supplies
$189.23M$59.273.22%$18.16M16.02x0.66
United States
NNNN
ANBIO BIOTECHNOLOGY
NASDAQ
Medical Instruments & Supplies
$3.72B$25.84-0.15%$6.40M175.78x0.00
Germany
RMD
RESMED INC
NYSE
Medical Instruments & Supplies
$29.99B$206.76-0.06%$2.14B19.88x0.35
United States
UTMD
UTAH MEDICAL PRODUCTS INC
NASDAQ
Medical Instruments & Supplies
$208.14M$65.35-0.08%$17.12M18.78x0.03
United States
KRMD
KORU MEDICAL SYSTEMS INC
NASDAQ
Medical Instruments & Supplies
$192.92M$4.20-5.41%-$1.47M-84.00x0.69
United States
RGEN
REPLIGEN CORP
NASDAQ
Medical Instruments & Supplies
$6.96B$123.46-2.35%$176.36M134.20x0.39
United States
AZTA
AZENTA INC
NASDAQ
Medical Instruments & Supplies
$885.90M$19.223.50%-$161.43M-4.97x0.23
United States
BAX
BAXTER INTERNATIONAL INC
NYSE
Medical Instruments & Supplies
$9.29B$17.992.86%$586.00M-8.41x2.29
United States
BDX
BECTON DICKINSON & CO
NYSE
Medical Instruments & Supplies
$41.17B$149.43-2.50%$4.36B37.83x1.11
United States
ANGO
ANGIODYNAMICS INC
NASDAQ
Medical Instruments & Supplies
$462.77M$11.20-0.62%-$7.31M-14.93x0.50
United States
STVN
STEVANATO GROUP SPA
NYSE
Medical Instruments & Supplies
$5.52B$18.231.11%$361.89M30.38x0.69
Italy
MDLN
MEDLINE INC
NASDAQ
Medical Instruments & Supplies
$51.92B$39.52-5.59%N/AN/A1.75
United States
SMTI
SANARA MEDTECH INC
NASDAQ
Medical Instruments & Supplies
$168.67M$18.40-3.56%-$26.33M-4.22x11.29
United States
XRAY
DENTSPLY SIRONA INC
NASDAQ
Medical Instruments & Supplies
$2.20B$11.000.36%-$128.00M-3.50x2.97
United States
WRBY
WARBY PARKER INC
NYSE
Medical Instruments & Supplies
$3.63B$29.558.64%$49.44M1,477.50x0.96
United States
HBIO
HARVARD BIOSCIENCE INC
NASDAQ
Medical Instruments & Supplies
$30.83M$6.901.55%-$46.52M-0.54x4.83
United States
STAA
STAAR SURGICAL CO
NASDAQ
Medical Instruments & Supplies
$1.32B$26.69-2.16%-$69.97M-16.48x0.31
United States
ATR
APTARGROUP INC
NYSE
Medical Instruments & Supplies
$7.72B$120.99-3.29%$834.97M20.47x0.93
United States
EMBC
EMBECTA CORP
NASDAQ
Medical Instruments & Supplies
$215.95M$3.641.11%$320.10M1.90x-2.64
United States
STXS
STEREOTAXIS INC
NYSEMKT
Medical Instruments & Supplies
$184.77M$1.900.00%-$20.09M-7.60x2.49
United States
STSS
SHARPS TECHNOLOGY INC
NASDAQ
Medical Instruments & Supplies
$77.33M$2.006.95%-$281.95M-0.18x0.02
United States
PLSE
PULSE BIOSCIENCES INC
NASDAQ
Medical Instruments & Supplies
$1.30B$19.08-2.60%-$70.56M-17.67x0.17
United States
TFX
TELEFLEX INC
NYSE
Medical Instruments & Supplies
$5.89B$133.061.05%-$762.12M-5.84x1.20
United States
KMTS
KESTRA MEDICAL TECHNOLOGIES LTD
NASDAQ
Medical Instruments & Supplies
$1.23B$21.05-2.18%-$127.64M-6.34x0.32
United States
AVR
ANTERIS TECHNOLOGIES GLOBAL CORP
NASDAQ
Medical Instruments & Supplies
$639.79M$6.581.08%-$92.41M-2.58x-250.00
United States
OSUR
ORASURE TECHNOLOGIES INC
NASDAQ
Medical Instruments & Supplies
$210.68M$3.06-2.24%-$63.52M-2.94x0.21
United States
MBOT
MICROBOT MEDICAL INC
NASDAQ
Medical Instruments & Supplies
$143.05M$2.130.00%-$13.10M-7.34x0.05
United States
GCTK
GLUCOTRACK INC
NASDAQ
Medical Instruments & Supplies
$1.56M$0.80-6.98%-$19.29M-0.03x1.77
United States
MLSS
MILESTONE SCIENTIFIC INC
NYSEMKT
Medical Instruments & Supplies
$36.77M$0.46-2.56%-$5.51M-6.53x1.78
United States
LUCY
INNOVATIVE EYEWEAR INC
NASDAQ
Medical Instruments & Supplies
$6.49M$1.03-1.90%-$7.46M-0.54x0.12
United States
NEPH
NEPHROS INC
NASDAQ
Medical Instruments & Supplies
$38.22M$3.528.98%$915.00k58.67x0.29
United States
RGNT
REGENTIS BIOMATERIALS LTD
NYSEMKT
Medical Instruments & Supplies
$11.50M$2.22-2.63%-$13.65M-0.09x0.61
NXGL
NEXGEL INC
NASDAQ
Medical Instruments & Supplies
$5.03M$0.59-3.58%-$2.23M-1.56x1.25
United States
AGPU
AXE COMPUTE INC
NASDAQ
Medical Instruments & Supplies
$31.41M$5.67-5.03%-$232.41M-0.42x0.11
United States
NYXH
NYXOAH SA
NASDAQ
Medical Instruments & Supplies
$140.27M$3.261.88%-$83.99M-1.20x1.41
Belgium
RVP
RETRACTABLE TECHNOLOGIES INC
NYSEMKT
Medical Instruments & Supplies
$20.87M$0.70-1.13%-$4.42M-1.62x0.92
United States
POCI
PRECISION OPTICS CORPORATION INC
NASDAQ
Medical Instruments & Supplies
$35.44M$4.59-3.37%-$6.31M-4.99x1.45
United States
FEMY
FEMASYS INC
NASDAQ
Medical Instruments & Supplies
$25.97M$0.43-4.23%-$15.89M-0.91x2.53
United States
ZJYL
JIN MEDICAL INTERNATIONAL LTD
NASDAQ
Medical Instruments & Supplies
$16.59M$2.12-3.64%$1.76M10.60x0.80
China
ZTEK
ZENTEK LTD
NASDAQ
Medical Instruments & Supplies
$81.06M$0.7625.21%-$5.60M-14.80x0.41
Canada
BNGO
BIONANO GENOMICS INC
NASDAQ
Medical Instruments & Supplies
$14.31M$1.29-3.01%-$15.70M-0.27x0.66
United States
CUPR
CUPRINA HOLDINGS (CAYMAN) LTD
NASDAQ
Medical Instruments & Supplies
$6.01M$0.286.06%-$3.64M-1.56x0.68
Singapore

Medical Stocks FAQ

What are the best medical stocks to buy right now in May 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 55 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 Infusystem Holdings (NYSEMKT:INFU) is: Value: B, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: A, and AI: C.

Infusystem Holdings (NYSEMKT:INFU) has a Due Diligence Score of 42, which is 12 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 53.75% over the past year, overperforming other medical stocks by 60 percentage points.

Infusystem Holdings has an average 1 year price target of $15.00, an upside of 78.36% from Infusystem Holdings's current stock price of $8.41.

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. Bausch & Lomb (NYSE:BLCO)


Bausch & Lomb (NYSE:BLCO) is the #2 top medical stock out of 55 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

The Component Grade breakdown for Bausch & Lomb (NYSE:BLCO) is: Value: B, Growth: A, Momentum: B, Sentiment: B, Safety: C, Financials: C, and AI: C.

Bausch & Lomb (NYSE:BLCO) has a Due Diligence Score of 16, which is -14 points lower than the medical industry average of 30. Although this number is below the industry average, our proven quant model rates BLCO as a "B".

BLCO passed 5 out of 33 due diligence checks and has weak fundamentals. Bausch & Lomb has seen its stock return 40.7% over the past year, overperforming other medical stocks by 47 percentage points.

Bausch & Lomb has an average 1 year price target of $18.88, an upside of 16.66% from Bausch & Lomb's current stock price of $16.18.

Bausch & Lomb stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Bausch & Lomb, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Icu Medical (NASDAQ:ICUI)


Icu Medical (NASDAQ:ICUI) is the #3 top medical stock out of 55 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year. Learn more.

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

Icu Medical (NASDAQ:ICUI) has a Due Diligence Score of 38, which is 8 points higher than the medical industry average of 30.

ICUI passed 12 out of 33 due diligence checks and has average fundamentals. Icu Medical has seen its stock lose -11.51% over the past year, underperforming other medical stocks by -5 percentage points.

Icu Medical has an average 1 year price target of $163.50, an upside of 29.32% from Icu Medical's current stock price of $126.43.

Icu Medical stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Icu Medical, 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 10 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 16.48%, which is 13 percentage points higher than the medical industry average of 3%.

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 2.8%, which is the same as the medical industry average of 3%. 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. Baxter International (NYSE:BAX)


Baxter International (NYSE:BAX) has an annual dividend yield of 2%, which is -1 percentage points lower than the medical industry average of 3%. Baxter International's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Baxter International's dividend has not shown consistent growth over the last 10 years.

Baxter International's dividend payout ratio of -16.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are medical stocks down?

Medical stocks were down -0.43% in the last day, and up 0.53% over the last week.

We couldn't find a catalyst for why medical stocks are down.

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 86, which is 65 points higher than the medical industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Embecta's stock has dropped -72.63% in the past year. It has underperformed other stocks in the medical industry by -66 percentage points.

2. Haemonetics (NYSE:HAE)


Haemonetics (NYSE:HAE) is the second 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.

Haemonetics has a valuation score of 57, which is 36 points higher than the medical industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Haemonetics's stock has dropped -18.95% in the past year. It has underperformed other stocks in the medical industry by -12 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 22 points higher than the medical industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Becton Dickinson & Co's stock has dropped -11.03% in the past year. It has underperformed other stocks in the medical industry by -4 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 27.08% over the next year.

2.5% of medical stocks have a Zen Rating of A (Strong Buy), 22.5% of medical stocks are rated B (Buy), 62.5% are rated C (Hold), 10% are rated D (Sell), and 2.5% 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 47.27x.
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.