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 50 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 4%. 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 50 medical devices stocks above $500M market cap with daily-refreshed fundamentals and cached Buffett-Fit verdicts. Each stock is graded A+ to D on a composite 0-100 score 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 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.

#	Company	mcap	Q
1	IRMDIRadimed Corporation	1.1B	68
2	DXCMDexCom, Inc.	33.2B	67
3	SNT.WASynektik S.A.	2.8B	64
4	EWEdwards Lifesciences Corporation	51.8B	63
5	SYKStryker Corporation	116.3B	59
6	BSXBoston Scientific Corporation	69.3B	59
7	ZBHZimmer Biomet Holdings, Inc.	18.7B	55
8	PODDInsulet Corporation	10.2B	55
9	INMDInMode Ltd.	858M	54
10	UFPTUFP Technologies, Inc.	2.2B	52
11	PENPenumbra, Inc.	12.7B	52
12	ALGNAlign Technology, Inc.	11.3B	51
13	GMEDGlobus Medical, Inc.	10.5B	51
14	TMDXTransMedics Group, Inc.	3.1B	50
15	STESTERIS plc	21.9B	47
16	DCTHDelcath Systems, Inc.	572M	46
17	BVSBioventus Inc.	961M	46
18	SNNSmith & Nephew plc	12.1B	46
19	CNMDCONMED Corporation	1.5B	44
20	INSPInspire Medical Systems, Inc.	1.8B	43
21	ITGRInteger Holdings Corporation	4.3B	42
22	BIOBio-Rad Laboratories, Inc.	10.3B	41
23	BWAYBrainsWay Ltd.	569M	37
24	SIBNSI-BONE, Inc.	820M	37
25	SENSSenseonics Holdings, Inc.	509M	37
26	PHGKoninklijke Philips N.V.	25.3B	35
27	AORTArtivion, Inc.	1.2B	35
28	AHCOAdaptHealth Corp.	883M	34
29	NPCENeuroPace, Inc.	511M	32
30	MASIMasimo Corporation	9.4B	32
31	ESTAEstablishment Labs Holdings Inc.	2.2B	32
32	BRKRBruker Corporation	8.9B	32
33	IRTCiRhythm Technologies, Inc.	4.1B	32
34	CBLLCeriBell, Inc.	949M	29
35	PRCTPROCEPT BioRobotics Corporation	1.3B	27
36	LIVNLivaNova PLC	4.5B	27
37	LMRILumexa Imaging Holdings, Inc. Common Stock	1.2B	26
38	AVRAnteris Technologies Global Corp.	880M	25
39	CERSCerus Corporation	522M	25
40	VREXVarex Imaging Corporation	780M	25
41	ATECAlphatec Holdings, Inc.	1.5B	25
42	KIDSOrthoPediatrics Corp.	585M	24
43	SSIISS Innovations International, Inc.	683M	22
44	BFLYButterfly Network, Inc.	2.0B	22
45	TNDMTandem Diabetes Care, Inc.	1.4B	22
46	GKOSGlaukos Corporation	10.5B	21
47	ENOVEnovis Corporation	1.1B	20
48	CTKBCytek Biosciences, Inc.	611M	19
49	AXGNAxoGen, Inc.	2.6B	18
50	IARTIntegra LifeSciences Holdings Corporation	1.3B	16