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 36th 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	$5.38B	11.30%	4.00%	7.63%	8.50%	1.83	3.08	59.00%	7.10%	11.86%
ICUI	ICU MEDICAL INC	$4.08B	1.40%	0.70%	2.07%	3.00%	0.85	2.43	39.10%	1.40%	3.33%
INFU	INFUSYSTEM HOLDINGS INC	$266.89M	14.80%	8.60%	16.16%	14.40%	0.65	2.50	57.50%	6.00%	9.29%
MMSI	MERIT MEDICAL SYSTEMS INC	$5.33B	9.10%	5.30%	8.71%	12.10%	0.71	4.20	49.50%	9.20%	14.33%
PDEX	PRO DEX INC	$186.63M	31.10%	19.80%	30.60%	30.90%	0.56	4.10	31.40%	17.60%	24.28%
BLCO	BAUSCH & LOMB CORP	$5.89B	-2.70%	-1.20%	2.64%	3.60%	1.16	1.55	61.40%	-3.20%	5.94%
ATRC	ATRICURE INC	$2.85B	2.10%	1.60%	2.98%	8.50%	0.31	4.22	76.30%	1.90%	3.11%
WST	WEST PHARMACEUTICAL SERVICES INC	$27.03B	18.50%	13.60%	20.77%	23.10%	0.36	2.82	36.80%	17.00%	21.45%
NVST	ENVISTA HOLDINGS CORP	$3.68B	3.10%	1.70%	5.63%	11.80%	0.82	2.43	55.20%	3.30%	9.43%
KRMD	KORU MEDICAL SYSTEMS INC	$138.52M	-10.60%	-6.50%	-8.71%	-13.00%	0.55	2.72	62.40%	-4.00%	-4.01%
STAA	STAAR SURGICAL CO	$1.07B	1.10%	0.80%	4.33%	6.90%	0.30	4.67	76.60%	1.10%	5.12%
BAX	BAXTER INTERNATIONAL INC	$13.07B	-16.60%	-5.30%	-2.05%	-2.20%	2.19	1.95	30.10%	-9.30%	-2.89%
COO	COOPER COMPANIES INC	$11.02B	6.90%	4.60%	5.10%	7.00%	0.52	1.22	65.90%	13.50%	13.02%
ALC	ALCON INC	$31.99B	2.90%	2.00%	3.40%	6.80%	0.44	2.09	56.80%	5.90%	8.75%
EMBC	EMBECTA CORP	$355.26M	-14.00%	7.90%	26.22%	11.10%	-3.07	1.68	59.00%	8.60%	21.76%
ISRG	INTUITIVE SURGICAL INC	$150.74B	17.80%	15.50%	19.98%	26.90%	0.14	4.96	66.70%	28.40%	34.32%
ANGO	ANGIODYNAMICS INC	$472.69M	-19.20%	-12.70%	-17.76%	-38.30%	0.48	2.40	55.70%	-10.10%	-9.95%
AZTA	AZENTA INC	$1.49B	-7.60%	-6.20%	-10.19%	-20.70%	0.24	2.50	43.40%	-20.00%	-26.62%
NNNN	ANBIO BIOTECHNOLOGY	$450.38M	27.00%	26.00%	21.24%	46.00%	0.00	344.31	87.20%	74.10%	74.06%
BNGO	BIONANO GENOMICS INC	$14.72M	-78.80%	-48.50%	-85.47%	-65.30%	0.51	2.48	47.50%	-106.60%	-106.36%
RGEN	REPLIGEN CORP	$9.90B	2.00%	1.40%	2.64%	5.40%	0.40	9.05	53.80%	5.30%	9.46%
MDLN	MEDLINE INC	$47.28B	5.50%	1.80%	4.16%	5.90%	1.75	4.33	26.20%	2.30%	5.09%
LMAT	LEMAITRE VASCULAR INC	$1.85B	16.40%	10.60%	14.73%	13.80%	0.52	16.31	72.90%	25.00%	34.27%
XRAY	DENTSPLY SIRONA INC	$1.71B	-39.80%	-10.20%	-6.34%	-6.30%	2.85	1.63	49.50%	-15.00%	-7.00%
RMD	RESMED INC	$34.47B	23.90%	17.60%	25.35%	59.30%	0.36	3.10	61.10%	26.90%	33.95%
WRBY	WARBY PARKER INC	$2.89B	2.10%	1.10%	0.25%	0.30%	0.97	2.27	54.70%	0.80%	0.17%
TFX	TELEFLEX INC	$5.53B	-31.90%	-14.50%	-15.70%	-20.20%	1.34	2.60	53.80%	-39.70%	-36.61%
UTMD	UTAH MEDICAL PRODUCTS INC	$237.23M	8.70%	8.50%	10.52%	65.00%	0.02	48.62	57.90%	29.00%	35.68%
STVN	STEVANATO GROUP SPA	$5.72B	9.00%	5.30%	10.02%	9.00%	0.69	1.61	29.20%	11.00%	16.69%
OSUR	ORASURE TECHNOLOGIES INC	$248.98M	-14.70%	-12.50%	-14.68%	-41.90%	0.14	8.88	42.60%	-43.70%	-43.81%
BDX	BECTON DICKINSON & CO	$52.23B	3.80%	1.80%	4.20%	6.60%	1.08	0.87	46.40%	4.50%	8.33%
POCI	PRECISION OPTICS CORPORATION INC	$47.40M	-23.90%	-13.00%	-14.79%	-42.10%	0.59	2.28	17.20%	-11.50%	-11.03%
AVR	ANTERIS TECHNOLOGIES GLOBAL CORP	$589.62M	-77.70%	-68.00%	-40.48%	4,844.70%	0.08	14.20	75.00%	-4,619.30%	-4,589.16%
ATR	APTARGROUP INC	$7.92B	13.60%	7.00%	12.95%	18.80%	0.95	1.61	36.10%	9.20%	13.16%
PLSE	PULSE BIOSCIENCES INC	$3.17B	-94.40%	-80.00%	-76.55%	-987.10%	0.16	9.63	0.30%	-6,755.80%	-6,755.78%
KMTS	KESTRA MEDICAL TECHNOLOGIES LTD	$1.62B	-64.20%	-45.00%	-47.48%	-78.30%	0.56	4.69	53.90%	-140.40%	-133.05%
STXS	STEREOTAXIS INC	$101.20M	-203.60%	-45.50%	-77.55%	-190.10%	3.11	1.42	55.60%	-78.50%	-74.24%
NYXH	NYXOAH SA	$47.76M	-175.30%	-80.30%	-62.27%	-184.10%	1.03	2.38	60.20%	-443.20%	-348.41%
GCTK	GLUCOTRACK INC	$511.31k	-2,135.50%	-290.20%	1,059.88%	1,555.90%	-1.86	0.46	N/A	N/A	N/A
FEMY	FEMASYS INC	$13.82M	-226.00%	-74.70%	-130.63%	-95.30%	2.05	2.14	60.90%	-534.30%	-477.34%
RVP	RETRACTABLE TECHNOLOGIES INC	$17.36M	-4.90%	-2.50%	-2.56%	-2.50%	0.95	4.93	-1.40%	-10.60%	-9.68%
NEPH	NEPHROS INC	$39.64M	16.20%	12.30%	14.11%	27.80%	0.32	4.07	61.30%	8.40%	8.46%
NXGL	NEXGEL INC	$2.72M	-133.10%	-41.10%	-32.69%	-57.40%	4.24	0.43	35.10%	-51.30%	-32.53%
MLSS	MILESTONE SCIENTIFIC INC	$29.02M	-149.10%	-50.80%	-103.88%	-138.40%	1.41	1.85	70.20%	-44.00%	-43.56%
RGNT	REGENTIS BIOMATERIALS LTD	$7.72M	N/A	-265.00%	-169.11%	1,048.70%	0.22	5.62	N/A	N/A	N/A
HBIO	HARVARD BIOSCIENCE INC	$36.83M	-92.00%	-13.30%	-7.18%	-5.70%	9.28	1.87	58.20%	-11.90%	-4.21%
LUCY	INNOVATIVE EYEWEAR INC	$6.80M	-88.90%	-80.30%	-111.23%	-245.50%	0.08	12.06	22.80%	-225.30%	-225.28%
SMTI	SANARA MEDTECH INC	$304.68M	-473.30%	-45.30%	-43.69%	-37.70%	7.71	2.58	93.00%	-29.20%	-22.54%
CUPR	CUPRINA HOLDINGS (CAYMAN) LTD	$5.09M	-1,569.10%	-91.20%	-86.45%	663.90%	0.68	2.35	-1.30%	-9,366.80%	-9,337.38%
ZJYL	JIN MEDICAL INTERNATIONAL LTD	$16.28M	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 Oct 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 50 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: C, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: B, and AI: C.

Haemonetics (NYSE:HAE) has a Due Diligence Score of 27, which is -5 points lower than the medical industry average of 32. Although this number is below the industry average, our proven quant model rates HAE as a "A".

HAE passed 9 out of 33 due diligence checks and has average fundamentals. Haemonetics has seen its stock return 137.65% over the past year, overperforming other medical stocks by 134 percentage points.

Haemonetics has an average 1 year price target of $117.88, a downside of -0.34% from Haemonetics's current stock price of $118.28.

Haemonetics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Haemonetics, 37.5% have issued a Strong Buy rating, 50% have issued a Buy, 12.5% 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 50 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: B, Safety: B, Financials: C, and AI: C.

Icu Medical (NASDAQ:ICUI) has a Due Diligence Score of 27, which is -5 points lower than the medical industry average of 32. 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 39.92% over the past year, overperforming other medical stocks by 36 percentage points.

Icu Medical has an average 1 year price target of $191.00, an upside of 17.19% from Icu Medical's current stock price of $162.99.

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 50 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: A, Sentiment: A, Safety: C, Financials: A, and AI: C.

Infusystem Holdings (NYSEMKT:INFU) has a Due Diligence Score of 41, which is 9 points higher than the medical industry average of 32.

INFU passed 13 out of 33 due diligence checks and has strong fundamentals. Infusystem Holdings has seen its stock return 44.24% over the past year, overperforming other medical stocks by 40 percentage points.

Infusystem Holdings has an average 1 year price target of $20.00, an upside of 49.25% from Infusystem Holdings's current stock price of $13.40.

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.

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 5.1%, which is 4 percentage points higher than the medical industry average of 1.44%. Embecta's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Embecta's dividend has not shown consistent growth over the last 10 years.

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 2.19%, which is 1 percentage points higher than the medical industry average of 1.44%. 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 1.66%, which is the same as the medical industry average of 1.44%. 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 -1.37% in the last day, and up 1.23% 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 57, which is 36 points higher than the medical industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Embecta's stock has dropped -54.2% in the past year. It has underperformed other stocks in the medical industry by -58 percentage points.

2. Envista Holdings (NYSE:NVST)

Envista Holdings (NYSE:NVST) 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.

Envista Holdings 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.

Envista Holdings's stock has gained 16.07% in the past year. It has overperformed other stocks in the medical industry by 12 percentage points.

3. Bausch & Lomb (NYSE:BLCO)

Bausch & Lomb (NYSE:BLCO) 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.

Bausch & Lomb has a valuation score of 14, which is -7 points higher than the medical industry average of 21. 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 10.97% in the past year. It has overperformed other stocks in the medical industry by 7 percentage points.

Are medical stocks a good buy now?

43.24% of medical stocks rated by analysts are a strong buy right now. On average, analysts expect medical stocks to rise by 13.8% over the next year.

7.5% of medical stocks have a Zen Rating of A (Strong Buy), 17.5% of medical stocks are rated B (Buy), 62.5% are rated C (Hold), 12.5% 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 44.47x.

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. Envista Holdings (NYSE:NVST)

3. Bausch & Lomb (NYSE:BLCO)

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. Envista Holdings (NYSE:NVST)

3. Bausch & Lomb (NYSE:BLCO)

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.