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 +28.50% 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 36th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Growth
Market Cap
Revenue
EBITDA
Earnings
EPS
Rev. Y/Y
Rev. 5Y
Earn. Y/Y
Earn. 5Y
Earnings Date
SMTI
SANARA MEDTECH INC
$234.05M$107.51M-$22.59M-$33.58M-$3.8817.41%44.49%N/AN/A2026-08-12
INFU
INFUSYSTEM HOLDINGS INC
$179.62M$142.40M$26.23M$7.91M$0.383.50%7.26%171.43%-16.21%2026-08-04
WST
WEST PHARMACEUTICAL SERVICES INC
$25.32B$3.22B$863.50M$542.70M$7.5211.23%6.73%17.13%5.62%2026-07-23
ICUI
ICU MEDICAL INC
$3.93B$2.16B$305.26M$46.34M$1.87-10.88%11.34%N/A-15.99%2026-08-06
ATRC
ATRICURE INC
$1.70B$552.16M$23.26M-$4.59M-$0.1015.01%21.03%N/AN/A2026-07-23
NVST
ENVISTA HOLDINGS CORP
$4.30B$2.81B$387.80M$67.70M$0.4212.15%5.60%N/A-11.18%2026-08-05
STAA
STAAR SURGICAL CO
$1.23B$290.38M-$6.53M-$21.03M-$0.424.03%10.16%N/AN/A2026-08-05
COO
COOPER COMPANIES INC
$13.75B$4.23B$935.90M$235.80M$1.196.09%9.73%-42.79%-37.00%2026-08-26
BLCO
BAUSCH & LOMB CORP
$5.69B$5.21B$631.00M-$219.00M-$0.637.85%N/AN/AN/A2026-07-29
HAE
HAEMONETICS CORP
$3.55B$1.33B$268.45M$97.31M$2.06-1.97%8.91%-38.14%5.58%2026-08-06
MMSI
MERIT MEDICAL SYSTEMS INC
$4.36B$1.54B$348.67M$139.34M$2.3511.10%9.74%12.44%92.03%2026-07-30
PDEX
PRO DEX INC
$170.59M$74.64M$18.16M$12.00M$3.7016.39%13.45%29.82%13.44%2026-09-03
KRMD
KORU MEDICAL SYSTEMS INC
$177.30M$43.26M-$1.47M-$2.28M-$0.0523.30%13.19%N/AN/A2026-08-05
ISRG
INTUITIVE SURGICAL INC
$120.36B$11.03B$4.58B$3.14B$8.8320.66%16.40%20.79%14.03%
LMAT
LEMAITRE VASCULAR INC
$2.26B$256.28M$96.30M$62.40M$2.7613.27%13.73%36.63%18.52%2026-08-04
BLFS
BIOLIFE SOLUTIONS INC
$1.52B$99.77M-$53.00k-$2.96M-$0.0627.48%13.59%N/AN/A2026-08-06
ALC
ALCON INC
$32.85B$10.63B$2.55B$819.00M$1.677.14%8.97%-26.11%N/A2026-08-10
BAX
BAXTER INTERNATIONAL INC
$11.23B$11.32B$586.00M-$1.10B-$2.145.10%-0.86%N/AN/A2026-07-30
ANGO
ANGIODYNAMICS INC
$571.21M$320.17M-$11.49M-$36.74M-$0.889.46%1.93%N/AN/A
NNNN
ANBIO BIOTECHNOLOGY
$1.36B$8.65M$6.40M$6.40M$0.155.64%N/A162.50%N/A
RMD
RESMED INC
$27.98B$5.54B$2.14B$1.52B$10.4010.28%12.37%16.33%26.90%2026-08-06
RGEN
REPLIGEN CORP
$7.90B$763.34M$176.36M$51.40M$0.9217.36%12.01%N/A-9.19%2026-07-28
UTMD
UTAH MEDICAL PRODUCTS INC
$220.30M$37.53M$16.41M$10.85M$3.38-4.43%-2.34%-10.58%2.90%2026-07-23
XRAY
DENTSPLY SIRONA INC
$2.66B$3.68B-$128.00M-$628.00M-$3.14-1.02%1.15%N/AN/A2026-08-06
BDX
BECTON DICKINSON & CO
$42.20B$21.37B$4.36B$1.14B$3.956.43%3.70%-23.75%-6.91%2026-08-06
AZTA
AZENTA INC
$1.25B$596.33M-$161.43M-$178.20M-$3.871.74%23.75%N/AN/A2026-08-04
STVN
STEVANATO GROUP SPA
$5.87B$1.42B$361.89M$166.29M$0.6013.14%10.35%17.20%2.07%2026-08-04
MDLN
MEDLINE INC
$48.84BN/AN/AN/AN/AN/AN/AN/AN/A2026-08-05
WRBY
WARBY PARKER INC
$3.01B$890.57M$49.44M$1.35M$0.0212.01%N/AN/AN/A2026-08-06
EMBC
EMBECTA CORP
$192.81M$1.04B$320.10M$111.90M$1.92-3.43%N/A113.33%N/A2026-08-14
ATR
APTARGROUP INC
$8.24B$3.87B$834.97M$386.67M$5.918.95%5.35%5.91%9.52%2026-07-30
PLSE
PULSE BIOSCIENCES INC
$2.27B$751.00k-$72.06M-$74.57M-$1.10N/AN/AN/AN/A2026-08-11
FEMY
FEMASYS INC
$10.63M$2.38M-$9.95M-$12.40M-$5.4039.88%16.51%N/AN/A2026-08-14
AVR
ANTERIS TECHNOLOGIES GLOBAL CORP
$812.81M$1.85M-$93.05M-$95.30M-$2.23-25.75%N/AN/AN/A2026-08-10
TFX
TELEFLEX INC
$5.97B$2.81B-$762.12M-$1.01B-$22.8018.60%2.05%N/AN/A2026-07-30
AGPU
AXE COMPUTE INC
$73.98M$50.29k-$237.66M-$238.36M$11.69-73.57%-47.31%N/AN/A2026-08-12
OSUR
ORASURE TECHNOLOGIES INC
$260.94M$113.02M-$63.52M-$75.07M-$1.04-30.08%-10.67%N/AN/A2026-08-04
MBOT
MICROBOT MEDICAL INC
$118.88M$105.00k-$14.17M-$14.21M-$0.26N/AN/AN/AN/A2026-08-11
KMTS
KESTRA MEDICAL TECHNOLOGIES LTD
$1.22B$95.13M-$114.74M-$131.61M-$2.4359.03%N/AN/AN/A2026-09-10
STXS
STEREOTAXIS INC
$145.63M$31.20M-$20.10M-$22.95M-$0.2413.40%1.13%N/AN/A2026-08-11
RGNT
REGENTIS BIOMATERIALS LTD
$10.51M$0.00-$13.65M-$13.65M-$24.16N/AN/AN/AN/A
RVP
RETRACTABLE TECHNOLOGIES INC
$20.36M$37.15M$1.59M-$6.52M-$0.2110.08%-21.00%N/AN/A2026-08-13
NXGL
NEXGEL INC
$3.75M$11.26M-$2.37M-$3.22M-$0.4010.14%74.26%N/AN/A2026-08-11
NEPH
NEPHROS INC
$39.63M$19.12M$915.00k$776.00k$0.0623.25%16.88%-25.00%N/A2026-08-06
MLSS
MILESTONE SCIENTIFIC INC
$37.61M$8.90M-$4.34M-$4.57M-$0.053.37%6.33%N/AN/A2026-08-13
LUCY
INNOVATIVE EYEWEAR INC
$4.36M$2.98M-$7.99M-$8.12M-$1.6974.57%N/AN/AN/A2026-08-13
POCI
PRECISION OPTICS CORPORATION INC
$48.70M$28.94M-$4.23M-$4.93M-$0.6364.18%23.10%N/AN/A
ZTEK
ZENTEK LTD
$58.53M$116.94k-$6.41M-$6.88M-$0.06-80.14%129.28%N/AN/A2026-08-13
NYXH
NYXOAH SA
$65.83M$18.03M-$79.57M-$98.40M-$2.51271.42%N/AN/AN/A2026-08-17
HBIO
HARVARD BIOSCIENCE INC
$27.65M$85.53M$1.58M-$9.78M-$2.17-6.42%-4.08%N/AN/A2026-08-10
CUPR
CUPRINA HOLDINGS (CAYMAN) LTD
$8.85M$39.29k-$3.64M-$3.68M-$1.449.71%N/AN/AN/A2026-07-27
ZJYL
JIN MEDICAL INTERNATIONAL LTD
$18.63M$20.69M$1.76M$1.19M$0.20-11.98%N/A-50.00%N/A
GCTK
GLUCOTRACK INC
$1.92M$0.00-$16.74M-$16.89M-$18.04N/AN/AN/AN/A2026-08-13
BNGO
BIONANO GENOMICS INC
$12.85M$28.74M-$21.03M-$31.60M-$4.370.96%22.22%N/AN/A2026-08-13

Medical Stocks FAQ

What are the best medical stocks to buy right now in Jul 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. Sanara Medtech (NASDAQ:SMTI)


Sanara Medtech (NASDAQ:SMTI) 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 Sanara Medtech (NASDAQ:SMTI) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: C.

Sanara Medtech (NASDAQ:SMTI) has a Due Diligence Score of 18, which is -12 points lower than the medical industry average of 30. Although this number is below the industry average, our proven quant model rates SMTI as a "A".

SMTI passed 6 out of 33 due diligence checks and has weak fundamentals. Sanara Medtech has seen its stock lose -3.18% over the past year, overperforming other medical stocks by 4 percentage points.

Sanara Medtech has an average 1 year price target of $34.33, an upside of 34.43% from Sanara Medtech's current stock price of $25.54.

Sanara Medtech stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Sanara Medtech, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Infusystem Holdings (NYSEMKT:INFU)


Infusystem Holdings (NYSEMKT:INFU) is the #2 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 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 54.78% over the past year, overperforming other medical stocks by 62 percentage points.

Infusystem Holdings has an average 1 year price target of $15.00, an upside of 68.54% from Infusystem Holdings's current stock price of $8.90.

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.

3. West Pharmaceutical Services (NYSE:WST)


West Pharmaceutical Services (NYSE:WST) 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 West Pharmaceutical Services (NYSE:WST) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: B, Financials: B, and AI: C.

West Pharmaceutical Services (NYSE:WST) has a Due Diligence Score of 47, which is 17 points higher than the medical industry average of 30.

WST passed 17 out of 38 due diligence checks and has strong fundamentals. West Pharmaceutical Services has seen its stock return 63.73% over the past year, overperforming other medical stocks by 71 percentage points.

West Pharmaceutical Services has an average 1 year price target of $395.33, an upside of 10.3% from West Pharmaceutical Services's current stock price of $358.41.

West Pharmaceutical Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering West Pharmaceutical Services, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% 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 14.15%, which is 12 percentage points higher than the medical industry average of 2.34%.

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 2.74%, which is the same as the medical industry average of 2.34%. 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 1.78%, which is -1 percentage points lower than the medical industry average of 2.34%. 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 down?

Medical stocks were down -0.83% in the last day, and down -2.84% over the last week. Axe Compute was the among the top losers in the medical instruments & supplies industry, dropping -25.47% yesterday.

Axe Compute shares are trading lower. The company announced more than $1.3 billion in new customer contracts across the United States and Europe.

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 -69.6% in the past year. It has underperformed other stocks in the medical industry by -63 percentage points.

2. Resmed (NYSE:RMD)


Resmed (NYSE:RMD) 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.

Resmed 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 RMD a Valuation Rating of "B".

Resmed's stock has dropped -27.86% in the past year. It has underperformed other stocks in the medical industry by -21 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 -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 11.54% in the past year. It has overperformed other stocks in the medical industry by 18 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 24.24% over the next year.

5% of medical stocks have a Zen Rating of A (Strong Buy), 32.5% of medical stocks are rated B (Buy), 50% 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 37.06x.
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.