Best Medical Devices Stocks
Medtronic, Stryker, Boston Scientific, Intuitive Surgical, Abbott Labs. Switching costs + regulatory + brand moats compound in surgical instruments + implantable devices - the original 'razor-blade' healthcare model.
Industry leader
UFP Technologies, Inc. UFPT
Buffett-Fit: 64/100
What drives this industry
Medical devices compound through surgeon training + hospital purchasing relationships + FDA-approved product cycles. Once a surgeon is trained on a specific implant or surgical robot, switching costs are real - retraining, recertification, and surgeon preference all favour the incumbent. Look for ROIC above 15% + gross margins above 60%.
Top 50 ranked by Buffett-Fit
Sorted by composite quality score - ROIC, margin stability, balance-sheet strength, growth quality. Click any ticker for the full Buffett verdict.
- 1
UFPTUFP Technologies, Inc.1.8B mcap
64Q - 2
DXCMDexCom, Inc.27.8B mcap
61Q - 3
IRMDIRadimed Corporation1.2B mcap
60Q - 4
ZBHZimmer Biomet Holdings, Inc.16.5B mcap
60Q - 5
GMEDGlobus Medical, Inc.11.4B mcap
58Q - 6
MDTMedtronic plc100.9B mcap
58Q - 7
BSXBoston Scientific Corporation85.9B mcap
57Q - 8
PENPenumbra, Inc.12.9B mcap
57Q - 9
SYKStryker Corporation121.3B mcap
57Q - 10
ISRGIntuitive Surgical, Inc.155.2B mcap
56Q - 11
ALGNAlign Technology, Inc.11.7B mcap
56Q - 12
TMDXTransMedics Group, Inc.2.4B mcap
55Q - 13
SNNSmith & Nephew plc13.0B mcap
54Q - 14
TCMDTactile Systems Technology, Inc.562M mcap
54Q - 15
EWEdwards Lifesciences Corporation49.4B mcap
53Q - 16
ABTAbbott Laboratories152.3B mcap
53Q - 17
PODDInsulet Corporation10.7B mcap
52Q - 18
INSPInspire Medical Systems, Inc.1.3B mcap
50Q - 19
INMDInMode Ltd.871M mcap
48Q - 20
STESTERIS plc21.3B mcap
47Q - 21
CNMDCONMED Corporation1.1B mcap
45Q - 22
MASIMasimo Corporation9.4B mcap
44Q - 23
BWAYBrainsWay Ltd.592M mcap
43Q - 24
ITGRInteger Holdings Corporation3.0B mcap
42Q - 25
BIOBio-Rad Laboratories, Inc.7.8B mcap
41Q - 26
PHGKoninklijke Philips N.V.25.7B mcap
38Q - 27
BRKRPBruker Corporation 6.375% Mandatory Convertible Preferred Stock, Series A53.1B mcap
38Q - 28
SIBNSI-BONE, Inc.651M mcap
37Q - 29
AORTArtivion, Inc.1.1B mcap
36Q - 30
BVSBioventus Inc.629M mcap
36Q - 31
LIVNLivaNova PLC4.1B mcap
35Q - 32
BRKRBruker Corporation7.0B mcap
33Q - 33
ESTAEstablishment Labs Holdings Inc.2.1B mcap
30Q - 34
NPCENeuroPace, Inc.577M mcap
30Q - 35
SSIISS Innovations International, Inc.779M mcap
29Q - 36
LMRILumexa Imaging Holdings, Inc. Common Stock769M mcap
28Q - 37
AHCOAdaptHealth Corp.1.4B mcap
27Q - 38
PRCTPROCEPT BioRobotics Corporation1.7B mcap
27Q - 39
CBLLCeriBell, Inc.712M mcap
27Q - 40
IRTCiRhythm Technologies, Inc.3.8B mcap
26Q - 41
IARTIntegra LifeSciences Holdings Corporation1.2B mcap
26Q - 42
ATECAlphatec Holdings, Inc.1.3B mcap
26Q - 43
CERSCerus Corporation543M mcap
25Q - 44
BFLYButterfly Network, Inc.1.2B mcap
24Q - 45
TNDMTandem Diabetes Care, Inc.1.0B mcap
24Q - 46
CTKBCytek Biosciences, Inc.518M mcap
21Q - 47
ENOVEnovis Corporation1.4B mcap
20Q - 48
AXGNAxoGen, Inc.2.2B mcap
19Q - 49
GKOSGlaukos Corporation7.1B mcap
19Q - 50
AVNSAvanos Medical, Inc.1.2B mcap
18Q
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Key terms in this analysis
Educational framework analysis only. Not investment advice, not a recommendation, not personalized to your situation. Always do your own research.