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 35th ranked industry out of 145 stock market industries
Learn how the Zen Ratings work
Ticker
Company
Zen Rating
Sentiment
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
HAE
HAEMONETICS CORP
$4.76B45,497,0510.11%3.84%Net Selling
ICUI
ICU MEDICAL INC
$3.99B25,007,0380.10%40.66%Net SellingNet Selling
INFU
INFUSYSTEM HOLDINGS INC
$262.11M19,917,1810.04%99.96%Net Selling
MMSI
MERIT MEDICAL SYSTEMS INC
$5.10B59,710,4200.10%5.84%Net SellingNet Selling
ATRC
ATRICURE INC
$2.80B50,866,2940.10%31.59%Net SellingNet Selling
BLCO
BAUSCH & LOMB CORP
$6.11B357,165,2460.01%88.02%Net SellingNet Selling
NVST
ENVISTA HOLDINGS CORP
$3.77B160,617,7090.12%66.21%Net SellingNet Selling
BAX
BAXTER INTERNATIONAL INC
$12.14B516,995,9990.11%16.12%Net SellingNet Selling
WST
WEST PHARMACEUTICAL SERVICES INC
$25.69B70,375,7620.10%3.91%Net SellingNet Selling
PDEX
PRO DEX INC
$205.24M3,203,3340.01%99.99%Net SellingNet Selling
KRMD
KORU MEDICAL SYSTEMS INC
$136.67M46,171,9020.04%57.43%Net BuyingNet Buying
ANGO
ANGIODYNAMICS INC
$624.53M41,332,3890.09%24.09%Net SellingNet Selling
STAA
STAAR SURGICAL CO
$1.13B50,143,9840.11%84.62%Net BuyingNet Selling
EMBC
EMBECTA CORP
$320.13M56,659,5990.09%3.96%Net SellingNet Buying
ISRG
INTUITIVE SURGICAL INC
$138.47B353,278,0380.09%1.20%Net SellingNet Selling
BNGO
BIONANO GENOMICS INC
$17.43M11,777,0000.00%100.00%Net BuyingNet Buying
AZTA
AZENTA INC
$1.70B43,808,3930.11%50.42%Net BuyingNet Selling
MDLN
MEDLINE INC
$46.82B1,314,707,4920.06%95.34%Net SellingNet Selling
NNNN
ANBIO BIOTECHNOLOGY
$798.60M143,891,2000.00%0.00%
COO
COOPER COMPANIES INC
$10.82B190,155,2940.11%1.32%Net BuyingNet Buying
STVN
STEVANATO GROUP SPA
$6.12B302,842,5360.01%83.88%Net SellingNet Selling
ALC
ALCON INC
$30.82B483,400,0000.05%0.00%
LMAT
LEMAITRE VASCULAR INC
$1.81B22,869,2570.10%27.85%Net SellingNet Buying
RMD
RESMED INC
$31.58B144,252,3060.07%4.33%Net SellingNet Selling
XRAY
DENTSPLY SIRONA INC
$1.73B199,353,8760.11%2.89%Net BuyingNet Selling
WRBY
WARBY PARKER INC
$3.34B123,608,0540.10%68.46%Net SellingNet Selling
TFX
TELEFLEX INC
$5.26B42,372,3970.11%3.43%Net Selling
BDX
BECTON DICKINSON & CO
$48.16B272,386,8000.10%0.74%Net SellingNet Selling
RGEN
REPLIGEN CORP
$10.25B56,435,6210.12%37.34%Net SellingNet Selling
OSUR
ORASURE TECHNOLOGIES INC
$273.46M68,968,6270.08%12.03%Net SellingNet Selling
POCI
PRECISION OPTICS CORPORATION INC
$48.94M10,972,7920.03%99.97%Net BuyingNet Buying
UTMD
UTAH MEDICAL PRODUCTS INC
$236.02M3,183,8180.07%42.63%Net Selling
PLSE
PULSE BIOSCIENCES INC
$3.42B71,322,6070.02%78.74%Net BuyingNet Buying
AVR
ANTERIS TECHNOLOGIES GLOBAL CORP
$751.40M97,458,4740.07%35.46%Net BuyingNet Selling
ATR
APTARGROUP INC
$7.62B63,581,1290.10%4.04%Net SellingNet Selling
LUCY
INNOVATIVE EYEWEAR INC
$7.68M8,609,1960.01%74.36%Net SellingNet Selling
STXS
STEREOTAXIS INC
$118.24M100,202,1780.04%99.96%Net Buying
KMTS
KESTRA MEDICAL TECHNOLOGIES LTD
$1.63B59,561,7950.04%99.96%Net SellingNet Selling
NYXH
NYXOAH SA
$58.52M43,026,4600.05%0.00%
GCTK
GLUCOTRACK INC
$853.36k705,2550.01%99.99%
FEMY
FEMASYS INC
$17.17M8,375,0270.02%24.03%Net BuyingNet Buying
BLFS
BIOLIFE SOLUTIONS INC
$1.82B48,906,7040.10%99.90%Net SellingNet Selling
RVP
RETRACTABLE TECHNOLOGIES INC
$20.96M29,937,1590.01%99.99%Net Buying
MLSS
MILESTONE SCIENTIFIC INC
$33.54M88,739,1850.01%57.03%Net Selling
RGNT
REGENTIS BIOMATERIALS LTD
$9.58M5,179,3780.02%5.00%
CUPR
CUPRINA HOLDINGS (CAYMAN) LTD
$6.49M2,681,2500.00%100.00%
NEPH
NEPHROS INC
$39.86M10,860,1200.01%99.99%Net BuyingNet Buying
NXGL
NEXGEL INC
$1.70M9,747,6630.01%20.68%Net Selling
ZJYL
JIN MEDICAL INTERNATIONAL LTD
$15.19M7,827,3550.00%67.79%
HBIO
HARVARD BIOSCIENCE INC
$37.97M4,552,3050.01%99.99%Net Buying
SMTI
SANARA MEDTECH INC
$320.20M9,188,0350.00%100.00%Net SellingNet Selling

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 51 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: B, Sentiment: B, 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 114.07% over the past year, overperforming other medical stocks by 113 percentage points.

Haemonetics has an average 1 year price target of $106.38, an upside of 1.62% from Haemonetics's current stock price of $104.68.

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 51 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 31.82% over the past year, overperforming other medical stocks by 31 percentage points.

Icu Medical has an average 1 year price target of $191.00, an upside of 19.84% from Icu Medical's current stock price of $159.38.

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 51 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: B, 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 28.77% over the past year, overperforming other medical stocks by 28 percentage points.

Infusystem Holdings has an average 1 year price target of $20.00, an upside of 51.98% from Infusystem Holdings's current stock price of $13.16.

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 5.66%, which is 4 percentage points higher than the medical industry average of 1.52%. 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 2.38%, which is 1 percentage points higher than the medical industry average of 1.52%. 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 1.67%, which is the same as the medical industry average of 1.52%. 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 -0.29% in the last day, and down -2.15% over the last week. Cuprina Holdings was the among the top losers in the medical instruments & supplies industry, dropping -5.1% yesterday.

Cuprina Holdings shares are trading lower. The company announced the acquisition of East Coast Podiatry and Orchard Clinic for ~$3.1 million.

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 -60.38% in the past year. It has underperformed other stocks in the medical industry by -61 percentage points.

2. Dentsply Sirona (NASDAQ:XRAY)


Dentsply Sirona (NASDAQ:XRAY) 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.

Dentsply Sirona 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.

Dentsply Sirona's stock has dropped -33.1% in the past year. It has underperformed other stocks in the medical industry by -34 percentage points.

3. Cooper Companies (NASDAQ:COO)


Cooper Companies (NASDAQ:COO) 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.

Cooper Companies 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.

Cooper Companies's stock has dropped -17.66% in the past year. It has underperformed other stocks in the medical industry by -18 percentage points.

Are medical stocks a good buy now?

46.15% of medical stocks rated by analysts are a strong buy right now. On average, analysts expect medical stocks to rise by 17.23% over the next year.

7.32% of medical stocks have a Zen Rating of A (Strong Buy), 21.95% of medical stocks are rated B (Buy), 58.54% are rated C (Hold), 9.76% are rated D (Sell), and 2.44% 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 43.07x.
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.