What are the best medical devices stocks?

IRadimed Corporation (IRMD) currently leads the medical devices industry ranking on invest-like with a Buffett-Fit composite score of 68/100, followed by DXCM (67/100). The full ranked list of 49 medical devices stocks is on this page. Educational only, not investment advice.

Which medical devices stock has the highest ROIC?

ROIC sustainability is the closest single quantitative proxy for moat strength. The medical devices industry's median ROIC is currently 5%. The top-scoring stocks on this page combine high ROIC with the other Buffett-Fit pillars (gross-margin durability, balance-sheet quality, capital allocation discipline).

How many medical devices stocks does invest-like.com cover?

invest-like.com currently indexes 49 medical devices stocks above $500M market cap with daily-refreshed fundamentals and cached Buffett-Fit verdicts. Each stock gets a composite score from 0 to 100 across the five Buffett pillars.

Where does Medical Devices sit in the GICS hierarchy?

Medical Devices is an industry within the healthcare sector. See /sector/healthcare/ for the full sector view including peer industries.

Is the medical devices ranking on this page investment advice?

No. The ranking is an educational pattern-match against documented value-investing frameworks (Buffett, Graham, Fisher, Lynch, Greenblatt, Munger, Smith). Scores reflect how closely each stock fits the documented criteria, NOT recommendations to buy, hold, or sell. Always do your own research and consult a licensed financial adviser.

healthcare

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

IRadimed Corporation IRMD

Buffett-Fit: 68/100

Read verdict

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 49 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.

#	Company	mcap	Q
1	IRadimed CorporationIRMD	1.1B	68
2	DexCom, Inc.DXCM	29.6B	67
3	Synektik S.A.SNT.WA	2.9B	64
4	Edwards Lifesciences CorporationEW	51.9B	63
5	Stryker CorporationSYK	117.8B	59
6	Boston Scientific CorporationBSX	66.7B	59
7	Zimmer Biomet Holdings, Inc.ZBH	18.8B	55
8	Insulet CorporationPODD	10.3B	55
9	InMode Ltd.INMD	808M	54
10	Penumbra, Inc.PEN	12.8B	52
11	UFP Technologies, Inc.UFPT	2.3B	52
12	Globus Medical, Inc.GMED	11.0B	51
13	TransMedics Group, Inc.TMDX	2.5B	50
14	Tactile Systems Technology, Inc.TCMD	533M	48
15	STERIS plcSTE	22.6B	47
16	Bioventus Inc.BVS	1.0B	46
17	Delcath Systems, Inc.DCTH	512M	46
18	Align Technology, Inc.ALGN	11.0B	46
19	Smith & Nephew plcSNN	12.9B	46
20	CONMED CorporationCNMD	1.5B	44
21	Inspire Medical Systems, Inc.INSP	2.1B	43
22	Integer Holdings CorporationITGR	4.3B	42
23	Bio-Rad Laboratories, Inc.BIO	9.7B	41
24	SI-BONE, Inc.SIBN	956M	37
25	Artivion, Inc.AORT	1.2B	36
26	Koninklijke Philips N.V.PHG	26.3B	35
27	Sight Sciences, Inc.SGHT	501M	33
28	Establishment Labs Holdings Inc.ESTA	1.9B	32
29	iRhythm Technologies, Inc.IRTC	3.9B	32
30	Bruker CorporationBRKR	8.7B	32
31	Masimo CorporationMASI	9.4B	32
32	CeriBell, Inc.CBLL	1.1B	29
33	LivaNova PLCLIVN	4.5B	27
34	AdaptHealth Corp.AHCO	839M	27
35	PROCEPT BioRobotics CorporationPRCT	1.1B	27
36	Lumexa Imaging Holdings, Inc. Common StockLMRI	1.0B	26
37	Anteris Technologies Global Corp.AVR	584M	25
38	Varex Imaging CorporationVREX	782M	25
39	Alphatec Holdings, Inc.ATEC	1.7B	25
40	OrthoPediatrics Corp.KIDS	645M	24
41	Butterfly Network, Inc.BFLY	1.8B	22
42	Tandem Diabetes Care, Inc.TNDM	1.2B	22
43	Glaukos CorporationGKOS	10.4B	21
44	Enovis CorporationENOV	1.2B	20
45	Pacific Biosciences of California, Inc.PACB	640M	19
46	Cytek Biosciences, Inc.CTKB	706M	19
47	AxoGen, Inc.AXGN	2.2B	18
48	Integra LifeSciences Holdings CorporationIART	959M	16
49	Avanos Medical, Inc.AVNS	1.2B	15

Related on invest-like

Highest Gross Margin Strongest Moat (switching costs)Fisher growth-quality Economic Moat

Key terms in this analysis

ROIC Free Cash Flow (FCF)Economic Moat P/E Ratio Margin of Safety Quality Score

This is educational analysis based on investing frameworks. It is not investment advice or a recommendation, and it does not know your situation. Do your own research before you decide.

Best Medical Devices Stocks

What drives this industry

Top 49 ranked by Buffett-Fit

More in healthcare

View the full parent sector

Related on invest-like

Key terms in this analysis

Best Medical Devices Stocks

What drives this industry

Top 49 ranked by Buffett-Fit

More in healthcare

View the full parent sector

Related on invest-like

Key terms in this analysis