Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Industry: Medical Devices

Overview Zen Rating Price Value Growth Financials Momentum

Sentiment Forecast Dividends Due Diligence

Medical Devices is Zen Rated C and is the 77th ranked industry out of 145 stock market industries

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
AVNS	AVANOS MEDICAL INC	$12.21	549,000	54.21%	12.18	12.32	12.47	13.66	16.65	46.23	36.32	38.74	28.85	32.96	-0.12	-0.13	0.01	0.90
SNN	SMITH & NEPHEW PLC	$30.22	883,000	3.40%	29.41	29.57	28.57	27.98	27.42	62.80	85.81	75.71	72.57	61.47	0.32	0.30	0.02	0.74
ELMD	ELECTROMED INC	$21.99	1,014,000	1,039.33%	21.00	20.64	21.42	23.89	25.20	60.07	91.29	93.34	95.18	96.86	0.11	-0.17	0.28	0.48
STE	STERIS PLC	$238.79	742,000	87.37%	238.57	240.70	235.61	229.25	225.23	49.39	46.36	46.32	51.20	50.07	0.16	0.86	-0.69	0.76
PEN	PENUMBRA INC	$256.43	498,000	67.68%	256.07	256.64	273.14	273.76	251.56	43.06	38.57	38.24	59.51	53.91	-4.68	-5.45	0.77	1.01
BVS	BIOVENTUS INC	$6.77	2,033,000	467.88%	6.60	6.61	6.84	8.22	9.79	52.07	56.59	54.52	87.59	84.17	-0.06	-0.11	0.05	1.20
ZIMV	ZIMVIE INC	$9.26	237,000	149.47%	8.92	9.10	9.03	10.51	12.54	54.68	55.29	45.02	58.64	44.18	-0.04	-0.05	0.01	1.28
VREX	VAREX IMAGING CORP	$8.58	536,000	10.74%	8.07	8.18	8.02	10.00	11.78	57.57	58.88	44.34	66.02	47.58	0.02	-0.03	0.05	1.05
LIVN	LIVANOVA PLC	$45.75	704,000	127.83%	45.53	45.43	42.35	41.87	46.21	57.32	46.43	49.15	31.74	33.69	0.83	1.02	-0.19	0.89
VMD	VIEMED HEALTHCARE INC	$6.92	645,000	234.20%	6.76	6.75	6.79	7.13	7.75	55.53	55.72	52.72	87.11	86.22	0.03	-0.01	0.03	0.69
IRMD	IRADIMED CORP	$60.84	189,000	195.31%	59.33	59.54	55.46	54.81	54.03	64.98	84.68	76.75	63.74	58.03	1.39	1.42	-0.03	0.82
MASI	MASIMO CORP	$168.21	1,216,000	106.10%	165.36	165.84	160.55	165.48	160.34	56.20	62.11	65.73	54.41	61.07	2.13	1.91	0.22	1.10
QDEL	QUIDELORTHO CORP	$28.87	10,817,000	737.23%	28.45	29.38	29.69	33.24	37.74	46.55	36.34	31.18	48.62	39.10	-0.64	-0.59	-0.05	0.81
SIBN	SI-BONE INC	$18.43	1,043,000	110.71%	17.44	18.13	17.21	16.44	15.31	56.01	66.35	56.95	64.94	54.00	0.00	0.05	-0.05	1.18
BWAY	BRAINSWAY LTD	$13.22	33,300	-64.76%	11.73	11.24	10.12	9.97	9.79	76.97	93.60	90.20	96.07	86.55	0.69	0.50	0.18	0.83
BSX	BOSTON SCIENTIFIC CORP	$106.53	15,637,000	208.30%	102.75	102.24	102.45	101.49	95.46	66.67	86.56	79.92	100.00	100.00	0.50	-0.05	0.55	0.75
DCTH	DELCATH SYSTEMS INC	$13.57	5,036,000	1,071.16%	14.21	15.20	14.51	14.06	12.58	38.26	20.79	19.77	27.33	23.67	-0.41	-0.13	-0.28	0.88
ARAY	ACCURAY INC	$1.38	2,194,000	108.95%	1.27	1.34	1.46	1.70	1.83	50.30	68.55	51.72	96.12	79.64	-0.06	-0.07	0.02	1.39
MDT	MEDTRONIC PLC	$86.02	10,134,000	-8.85%	86.36	86.40	84.81	87.23	87.12	50.94	35.24	36.88	8.28	8.07	0.35	0.50	-0.16	0.62
INSP	INSPIRE MEDICAL SYSTEMS INC	$132.41	527,000	43.60%	130.14	132.81	144.38	157.20	176.33	43.41	43.82	43.16	89.26	91.07	-3.98	-4.76	0.79	1.33
DXCM	DEXCOM INC	$86.33	4,632,000	88.60%	83.13	84.19	81.12	79.10	77.20	57.62	71.74	68.95	70.39	67.36	0.61	0.57	0.04	1.20
AHCO	ADAPTHEALTH CORP	$9.55	4,366,000	141.08%	8.76	8.81	8.67	9.25	9.77	65.69	92.26	76.59	100.00	86.53	0.06	-0.03	0.09	1.05
EW	EDWARDS LIFESCIENCES CORP	$78.21	6,206,000	28.92%	75.46	76.26	75.50	73.40	71.64	62.62	87.80	74.10	95.76	82.95	0.24	0.06	0.19	0.90
PHG	KONINKLIJKE PHILIPS NV	$24.14	759,000	10.96%	23.08	23.19	23.77	24.82	26.43	59.02	97.70	91.03	100.00	94.44	0.00	-0.19	0.19	0.92
ABT	ABBOTT LABORATORIES	$134.38	9,513,000	0.75%	134.41	134.24	132.77	131.78	123.99	51.59	52.55	63.03	43.67	60.18	0.65	0.66	-0.01	0.58
ALGN	ALIGN TECHNOLOGY INC	$188.52	1,878,000	268.96%	183.07	182.32	180.34	179.08	202.66	59.10	86.29	82.13	80.85	75.23	2.02	1.35	0.68	1.56
GMED	GLOBUS MEDICAL INC	$58.60	1,462,000	43.47%	58.32	59.15	63.09	70.24	75.03	42.37	35.51	33.52	57.66	50.80	-1.19	-1.45	0.26	0.96
PODD	INSULET CORP	$313.08	760,000	20.83%	306.83	310.00	295.20	280.92	267.26	57.19	62.01	52.06	75.52	61.72	1.77	2.53	-0.76	1.16
SNWV	SANUWAVE HEALTH INC	$29.95	839,000	1,065.28%	31.92	30.30	29.95	N/A	N/A	46.85	67.77	78.01	53.25	72.15	0.72	0.59	0.14	0.61
AXGN	AXOGEN INC	$10.50	1,101,000	89.18%	9.92	10.32	12.40	15.14	15.00	44.68	61.07	50.56	100.00	97.93	-0.59	-0.80	0.22	1.27
NPCE	NEUROPACE INC	$10.71	2,293,000	932.88%	10.75	11.79	12.70	12.43	10.89	37.07	23.26	21.75	36.99	29.22	-0.80	-0.71	-0.09	0.89
TMDX	TRANSMEDICS GROUP INC	$131.45	624,000	41.50%	131.89	133.46	117.00	94.28	95.28	54.84	38.46	38.40	20.61	21.10	3.28	5.42	-2.13	1.56
SYK	STRYKER CORP	$393.55	2,217,000	50.71%	381.84	382.07	377.78	376.74	374.07	64.87	87.25	83.46	96.07	93.15	2.42	1.07	1.35	0.89
INMD	INMODE LTD	$14.19	12,991,000	923.72%	13.65	14.05	14.44	16.22	16.83	50.85	63.53	52.87	95.31	80.73	-0.21	-0.28	0.08	1.66
BIO	BIO-RAD LABORATORIES INC	$243.98	323,000	20.52%	235.97	230.16	235.95	251.36	295.64	60.94	89.46	90.22	100.00	99.13	1.99	-0.33	2.32	0.96
CNMD	CONMED CORP	$52.17	1,211,000	358.71%	52.49	54.72	54.97	57.62	63.99	39.07	15.33	16.12	16.59	16.79	-1.25	-0.95	-0.31	1.11
ZBH	ZIMMER BIOMET HOLDINGS INC	$91.46	5,341,000	112.79%	91.53	92.07	94.88	100.60	103.95	43.84	41.99	45.57	58.59	62.51	-0.97	-1.20	0.23	0.69
ATEC	ALPHATEC HOLDINGS INC	$11.08	3,303,000	99.34%	11.02	11.61	11.82	11.17	9.71	42.16	29.23	31.30	34.67	31.20	-0.29	-0.23	-0.06	1.24
CERS	CERUS CORP	$1.42	4,370,000	447.62%	1.35	1.38	1.34	1.44	1.60	55.49	31.63	25.36	31.00	21.37	0.01	0.01	-0.00	1.69
ITGR	INTEGER HOLDINGS CORP	$122.56	1,049,000	116.74%	119.72	119.96	120.21	122.15	127.89	59.38	74.05	63.88	92.20	77.76	0.28	-0.03	0.32	0.95
TCMD	TACTILE SYSTEMS TECHNOLOGY INC	$10.34	277,000	-10.65%	10.09	10.09	11.01	12.74	14.40	50.50	57.47	57.34	88.50	91.82	-0.14	-0.26	0.12	1.06
INGN	INOGEN INC	$7.08	359,000	40.23%	6.77	6.62	6.64	7.51	8.67	60.67	88.73	87.63	94.21	98.07	0.13	0.04	0.09	1.15
RPID	RAPID MICRO BIOSYSTEMS INC	$3.58	117,000	56.00%	3.40	3.49	3.03	2.85	1.95	57.31	62.87	52.88	50.10	39.92	0.09	0.12	-0.03	1.19
BRKR	BRUKER CORP	$41.80	5,248,000	16.36%	39.48	38.95	38.52	42.41	51.30	61.94	82.62	71.84	93.35	79.60	0.68	0.27	0.41	1.08
AORT	ARTIVION INC	$31.19	543,000	57.85%	30.11	29.54	27.75	26.80	27.34	68.33	83.49	85.24	76.20	82.14	0.79	0.70	0.09	1.03
PTHL	PHETON HOLDINGS LTD	$18.24	820,000	-75.18%	18.15	14.67	8.46	5.77	5.06	72.81	61.42	72.89	6.42	26.88	3.14	3.23	-0.09	0.24
IRTC	IRHYTHM TECHNOLOGIES INC	$154.71	549,000	126.86%	148.84	146.95	134.63	120.47	101.66	72.21	87.32	87.68	68.14	74.13	4.60	4.58	0.02	1.27
RSLS	RESHAPE LIFESCIENCES INC	$2.44	439,000	-71.04%	2.56	3.27	5.84	17.12	76.85	36.73	8.67	8.37	61.60	54.46	-1.13	-1.32	0.19	0.81
MASS	908 DEVICES INC	$6.73	1,318,000	221.46%	7.07	6.90	5.87	4.63	3.76	53.49	20.12	19.79	6.62	4.78	0.33	0.46	-0.13	1.75
BFLY	BUTTERFLY NETWORK INC	$1.96	26,001,000	586.22%	2.11	2.27	2.31	2.74	2.74	34.34	6.79	6.27	5.68	3.31	-0.10	-0.06	-0.04	2.00
CBLL	CERIBELL INC	$18.90	1,623,000	691.71%	18.36	17.93	17.01	18.97	N/A	59.35	72.07	79.60	70.66	83.31	0.51	0.36	0.15	1.54
GKOS	GLAUKOS CORP	$101.42	1,955,000	331.57%	99.88	97.30	94.35	104.40	122.16	58.70	76.87	72.18	55.06	53.66	1.70	1.41	0.29	1.21
UFPT	UFP TECHNOLOGIES INC	$244.67	164,000	45.13%	239.45	238.49	229.70	227.63	258.70	57.54	77.86	67.77	90.84	77.17	3.37	2.93	0.44	0.90
NVCR	NOVOCURE LTD	$18.00	3,418,000	316.32%	17.24	17.33	17.58	18.61	20.17	53.97	41.99	32.95	64.52	52.94	-0.14	-0.17	0.03	1.37
IART	INTEGRA LIFESCIENCES HOLDINGS CORP	$12.29	1,368,000	-1.16%	12.01	12.57	13.62	17.92	19.80	43.38	31.75	27.01	41.22	28.65	-0.53	-0.60	0.07	0.97
MDAI	SPECTRAL AI INC	$2.12	208,000	24.55%	2.09	1.99	1.59	1.60	1.61	61.07	64.22	69.18	9.77	9.85	0.16	0.17	-0.01	0.35
SRDX	SURMODICS INC	$28.81	268,000	511.87%	29.10	29.23	28.78	29.96	34.26	46.54	35.74	31.48	7.60	5.32	0.00	0.07	-0.07	0.83
RXST	RXSIGHT INC	$12.67	1,045,000	116.80%	13.56	14.38	14.62	20.15	31.87	32.69	3.86	7.28	1.35	7.22	-0.65	-0.51	-0.14	1.26
ANIK	ANIKA THERAPEUTICS INC	$10.74	197,000	322.75%	10.96	11.18	12.34	14.27	17.02	38.54	32.57	41.28	63.59	77.03	-0.38	-0.44	0.05	0.81
LUNG	PULMONX CORP	$2.60	434,000	36.91%	2.72	2.97	3.52	5.34	6.06	33.49	9.91	11.34	19.84	20.34	-0.29	-0.29	0.01	1.32
SSII	SS INNOVATIONS INTERNATIONAL INC	$5.77	111,000	-66.36%	5.15	5.20	N/A	N/A	N/A	45.54	34.50	33.11	88.43	85.84	N/A	N/A	N/A	-1.72
TMCI	TREACE MEDICAL CONCEPTS INC	$5.75	503,000	30.99%	5.68	5.78	6.34	7.53	7.23	44.60	44.57	50.48	74.35	82.64	-0.19	-0.24	0.05	1.28
ECOR	ELECTROCORE INC	$5.45	32,600	-32.08%	5.24	5.32	5.69	8.64	10.21	50.81	41.32	37.27	64.18	55.87	-0.09	-0.14	0.06	0.71
NMTC	NEUROONE MEDICAL TECHNOLOGIES CORP	$0.68	153,000	13.33%	0.67	0.62	0.62	0.78	0.84	56.01	72.90	72.64	87.15	92.73	0.02	0.01	0.01	0.77
BSGM	BIOSIG TECHNOLOGIES INC	$7.66	742,000	51.43%	7.24	6.84	4.06	2.40	1.76	61.95	79.53	80.25	56.52	67.77	1.07	1.07	-0.01	1.04
MXCT	MAXCYTE INC	$2.20	1,146,000	22.70%	2.19	2.23	2.40	2.87	3.43	46.42	63.03	58.80	88.39	88.76	-0.05	-0.07	0.02	1.43
CLPT	CLEARPOINT NEURO INC	$11.80	4,106,000	1,195.27%	11.54	12.15	12.79	13.57	13.54	45.52	33.61	30.50	42.90	33.55	-0.32	-0.32	0.01	1.72
PRCT	PROCEPT BIOROBOTICS CORP	$56.91	1,865,000	373.35%	59.14	60.36	57.26	59.12	71.10	42.77	8.93	9.47	2.73	2.48	0.06	0.67	-0.61	1.29
NVNO	ENVVENO MEDICAL CORP	$4.07	108,000	179.07%	4.19	4.06	3.60	3.27	3.36	53.51	45.48	52.12	19.97	28.61	0.16	0.20	-0.04	0.90
ALUR	ALLURION TECHNOLOGIES INC	$2.43	32,800	-49.54%	2.44	2.58	2.56	3.00	7.60	43.40	30.75	26.23	57.69	48.84	-0.07	-0.06	-0.01	0.35
CTKB	CYTEK BIOSCIENCES INC	$3.55	1,501,000	-0.66%	3.25	3.25	3.25	3.86	4.87	60.77	70.76	57.36	77.32	61.61	0.06	0.02	0.04	1.42
TNON	TENON MEDICAL INC	$0.95	214,000	65.89%	0.90	0.96	1.07	1.25	2.13	43.92	43.75	32.45	97.40	79.29	-0.05	-0.06	0.01	1.06
OM	OUTSET MEDICAL INC	$19.07	2,995,000	741.29%	19.40	19.59	16.65	13.78	12.93	51.50	50.96	48.77	37.02	35.95	0.62	0.90	-0.28	1.36
KIDS	ORTHOPEDIATRICS CORP	$21.37	246,000	151.02%	20.98	20.99	21.40	22.74	24.19	51.03	68.40	64.91	81.98	77.35	-0.07	-0.18	0.11	1.18
IINN	INSPIRA TECHNOLOGIES OXY BHN LTD	$0.85	124,000	-52.31%	0.79	0.74	0.63	0.70	0.96	64.48	85.12	87.66	63.59	66.33	0.06	0.05	0.01	1.17
RCEL	AVITA MEDICAL INC	$5.45	765,000	106.76%	5.21	5.57	7.10	7.99	9.58	41.88	25.04	15.57	56.60	26.62	-0.51	-0.56	0.05	1.38
ICCM	ICECURE MEDICAL LTD	$1.01	232,000	-23.43%	0.97	1.00	1.05	1.17	1.01	49.71	78.85	65.19	95.62	85.92	-0.02	-0.03	0.01	0.73
ESTA	ESTABLISHMENT LABS HOLDINGS INC	$40.93	471,000	-27.54%	38.12	37.63	35.10	35.73	38.92	63.82	77.60	54.89	80.02	46.83	0.94	0.77	0.16	1.53
MYO	MYOMO INC	$2.26	4,904,000	1,432.50%	2.49	2.70	3.45	4.34	4.67	23.65	8.33	10.48	29.57	26.91	-0.32	-0.31	-0.01	1.31
SGHT	SIGHT SCIENCES INC	$4.30	840,000	1,153.73%	4.21	4.15	3.55	3.07	3.81	61.79	63.49	64.90	21.71	20.93	0.21	0.24	-0.03	1.72
BDMD	BAIRD MEDICAL INVESTMENT HOLDINGS LTD	$3.90	444,000	-68.08%	5.81	5.08	5.23	5.27	5.16	40.33	37.06	57.73	26.10	44.15	0.10	0.18	-0.07	-0.15
TNDM	TANDEM DIABETES CARE INC	$18.94	1,657,000	55.15%	19.94	20.34	20.35	22.02	28.92	38.21	10.85	14.29	0.00	2.74	-0.40	-0.19	-0.20	1.31
OFIX	ORTHOFIX MEDICAL INC	$11.09	1,001,000	137.20%	10.79	10.94	11.94	14.34	15.83	46.70	53.15	49.42	93.51	87.87	-0.31	-0.42	0.11	0.99
SRTS	SENSUS HEALTHCARE INC	$4.86	92,000	133.50%	4.77	4.85	4.69	4.88	5.96	53.37	45.89	37.19	46.48	34.97	0.01	0.03	-0.02	0.93
QIPT	QUIPT HOME MEDICAL CORP	$1.80	5,286,000	2,158.97%	1.91	1.94	1.95	2.21	2.50	43.89	25.93	35.99	22.46	35.02	-0.01	-0.00	-0.01	0.56
TELA	TELA BIO INC	$1.97	66,400	145.93%	1.75	1.75	1.35	1.69	2.23	64.85	71.93	69.53	48.80	45.08	0.13	0.13	0.00	0.82
TIVC	TIVIC HEALTH SYSTEMS INC	$3.81	4,900	-65.73%	3.81	3.90	4.35	4.65	4.66	43.80	28.33	35.16	53.61	66.45	-0.12	-0.13	0.01	0.97
TLSI	TRISALUS LIFE SCIENCES INC	$5.32	1,816,000	2,737.50%	5.30	5.31	5.35	5.41	4.93	50.02	30.77	30.80	16.42	13.99	-0.02	-0.00	-0.02	0.15
PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	$1.29	13,882,000	9.98%	1.27	1.18	1.12	1.25	1.57	59.02	64.43	59.14	40.62	38.09	0.05	0.04	0.01	2.34
BJDX	BLUEJAY DIAGNOSTICS INC	$1.62	55,000	10.00%	1.61	1.71	1.76	2.75	3.81	44.88	11.75	10.63	17.77	19.55	-0.09	-0.09	0.00	0.65
VERO	VENUS CONCEPT INC	$2.18	4,750,000	14,293.94%	2.30	2.43	2.45	2.92	3.76	41.31	2.11	2.03	1.54	0.88	-0.09	-0.06	-0.03	2.63
CVRX	CVRX INC	$5.82	251,000	70.75%	5.84	6.16	6.44	9.32	10.93	42.44	23.44	25.35	47.66	50.75	-0.27	-0.29	0.02	1.55
MGRM	MONOGRAM TECHNOLOGIES INC	$2.90	77,000	254.84%	2.85	2.69	2.71	2.68	2.58	60.85	71.17	71.49	70.22	73.60	0.07	0.04	0.03	1.13
BBNX	BETA BIONICS INC	$15.07	953,000	96.90%	16.88	17.90	14.89	15.76	N/A	40.55	6.59	3.92	3.93	1.86	-0.02	0.64	-0.66	1.96
PROF	PROFOUND MEDICAL CORP	$6.00	47,700	14.39%	6.36	6.11	5.35	5.85	6.72	51.51	28.63	30.69	3.24	4.87	0.23	0.31	-0.08	0.98
VVOS	VIVOS THERAPEUTICS INC	$3.28	133,000	-90.74%	2.74	2.50	2.54	2.91	3.24	70.72	75.48	83.23	96.56	98.85	0.18	0.05	0.13	0.92
NAOV	NANOVIBRONIX INC	$1.17	37,123,000	231.66%	0.95	0.99	2.56	3.41	5.00	44.18	19.19	13.32	73.22	67.24	-0.35	-0.48	0.12	0.73
CATX	PERSPECTIVE THERAPEUTICS INC	$3.76	4,156,000	266.49%	3.63	3.36	2.78	2.66	5.33	61.32	50.10	57.58	17.99	33.56	0.30	0.29	0.02	1.13
QTRX	QUANTERIX CORP	$6.65	1,425,000	64.36%	6.25	5.95	5.53	6.32	9.09	60.90	73.37	63.96	64.63	53.41	0.28	0.22	0.05	1.87
NNOX	NANO-X IMAGING LTD	$5.23	3,049,000	197.75%	5.14	5.23	5.21	5.53	6.14	50.18	55.33	49.71	55.18	46.87	-0.02	-0.02	0.01	1.77

Medical Device Stocks FAQ

What are the best medical device stocks to buy right now in Jun 2025?

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 equipment stocks to buy right now are:

1. Avanos Medical (NYSE:AVNS)

Avanos Medical (NYSE:AVNS) is the #1 top medical device stock out of 139 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 Avanos Medical (NYSE:AVNS) is: Value: B, Growth: B, Momentum: D, Sentiment: A, Safety: C, Financials: B, and AI: C.

Avanos Medical (NYSE:AVNS) has a Due Diligence Score of 24, which is -3 points lower than the medical device industry average of 27. Although this number is below the industry average, our proven quant model rates AVNS as a "A".

AVNS passed 7 out of 33 due diligence checks and has weak fundamentals. Avanos Medical has seen its stock lose -37.7% over the past year, underperforming other medical device stocks by -28 percentage points.

2. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) is the #2 top medical device stock out of 139 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 Smith & Nephew (NYSE:SNN) is: Value: B, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.

Smith & Nephew (NYSE:SNN) has a Due Diligence Score of 48, which is 21 points higher than the medical device industry average of 27.

SNN passed 17 out of 38 due diligence checks and has strong fundamentals. Smith & Nephew has seen its stock return 22.1% over the past year, overperforming other medical device stocks by 31 percentage points.

Smith & Nephew has an average 1 year price target of $27.50, a downside of -9% from Smith & Nephew's current stock price of $30.22.

Smith & Nephew stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Smith & Nephew, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Electromed (NYSEMKT:ELMD)

Electromed (NYSEMKT:ELMD) is the #3 top medical device stock out of 139 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 Electromed (NYSEMKT:ELMD) is: Value: B, Growth: C, Momentum: C, Sentiment: B, Safety: A, Financials: A, and AI: C.

Electromed (NYSEMKT:ELMD) has a Due Diligence Score of 44, which is 17 points higher than the medical device industry average of 27.

ELMD passed 14 out of 33 due diligence checks and has strong fundamentals. Electromed has seen its stock return 52.5% over the past year, overperforming other medical device stocks by 62 percentage points.

Electromed has an average 1 year price target of $38.00, an upside of 72.81% from Electromed's current stock price of $21.99.

Electromed stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Electromed, 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 device stocks with highest dividends?

Out of 8 medical device stocks that have issued dividends in the past year, the 3 medical device stocks with the highest dividend yields are:

1. Smith & Nephew (NYSE:SNN)

Smith & Nephew (NYSE:SNN) has an annual dividend yield of 2.48%, which is 1 percentage points higher than the medical device industry average of 1.04%. Smith & Nephew's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Smith & Nephew's dividend has shown consistent growth over the last 10 years.

Smith & Nephew's dividend payout ratio of 79.4% indicates that its dividend yield is sustainable for the long-term.

2. Medtronic (NYSE:MDT)

Medtronic (NYSE:MDT) has an annual dividend yield of 1.63%, which is 1 percentage points higher than the medical device industry average of 1.04%. Medtronic's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Medtronic's dividend has shown consistent growth over the last 10 years.

Medtronic's dividend payout ratio of 77.1% indicates that its dividend yield is sustainable for the long-term.

3. Abbott Laboratories (NYSE:ABT)

Abbott Laboratories (NYSE:ABT) has an annual dividend yield of 1.26%, which is the same as the medical device industry average of 1.04%. Abbott Laboratories's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Abbott Laboratories's dividend has shown consistent growth over the last 10 years.

Abbott Laboratories's dividend payout ratio of 21.9% indicates that its dividend yield is sustainable for the long-term.

Why are medical device stocks up?

Medical device stocks were up 0.34% in the last day, and up 2.78% over the last week. Autonomix Medical was the among the top gainers in the medical devices industry, gaining 60.8% yesterday.

Autonomix Medical shares are trading higher after the company announced it was granted a US Patent for its catheter-based platform technology.

What are the most undervalued medical device 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 device stocks right now are:

1. Inmode (NASDAQ:INMD)

Inmode (NASDAQ:INMD) is the most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Inmode has a valuation score of 71, which is 57 points higher than the medical device industry average of 14. It passed 5 out of 7 valuation due diligence checks.

Inmode's stock has dropped -21.43% in the past year. It has underperformed other stocks in the medical device industry by -12 percentage points.

2. Conmed (NYSE:CNMD)

Conmed (NYSE:CNMD) is the second most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Conmed has a valuation score of 43, which is 29 points higher than the medical device industry average of 14. It passed 3 out of 7 valuation due diligence checks.

Conmed's stock has dropped -22.71% in the past year. It has underperformed other stocks in the medical device industry by -13 percentage points.

3. Adapthealth (NASDAQ:AHCO)

Adapthealth (NASDAQ:AHCO) is the third most undervalued medical device stock based on its Valuation Rating of A. Valuation is one of 7 Component Grades used to calculate the overall Zen Rating.

Adapthealth has a valuation score of 71, which is 57 points higher than the medical device industry average of 14. It passed 5 out of 7 valuation due diligence checks.

Adapthealth's stock has dropped -3.14% in the past year. It has overperformed other stocks in the medical device industry by 6 percentage points.

Are medical device stocks a good buy now?

57.14% of medical device stocks rated by analysts are a strong buy right now. On average, analysts expect medical device stocks to rise by 29.58% over the next year.

6.6% of medical device stocks have a Zen Rating of A (Strong Buy), 11.32% of medical device stocks are rated B (Buy), 57.55% are rated C (Hold), 19.81% are rated D (Sell), and 4.72% are rated F (Strong Sell).

What is the average p/e ratio of the medical devices industry?

The average P/E ratio of the medical devices industry is 36.87x.

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 Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Medical Device Stocks FAQ

1. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. Medtronic (NYSE:MDT)

3. Abbott Laboratories (NYSE:ABT)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Adapthealth (NASDAQ:AHCO)

Company

Stock Tools

Stock Ideas

Sectors & IndustriesHealthcareMedical DevicesBest Medical Device Stocks to Buy Now (2025)Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.

Medical Device Stocks FAQ

1. Avanos Medical (NYSE:AVNS)

2. Smith & Nephew (NYSE:SNN)

3. Electromed (NYSEMKT:ELMD)

1. Smith & Nephew (NYSE:SNN)

2. Medtronic (NYSE:MDT)

3. Abbott Laboratories (NYSE:ABT)

1. Inmode (NASDAQ:INMD)

2. Conmed (NYSE:CNMD)

3. Adapthealth (NASDAQ:AHCO)

Company

Stock Tools

Stock Ideas

Sectors & Industries HealthcareMedical Devices
Best Medical Device Stocks to Buy Now (2025)
Top medical device stocks in 2025 ranked by overall Zen Rating. "A" Rated stocks have returned an average of +32.52% per year, and are the best medical device stocks to buy now. Learn More.