# Medical Devices — Industry Hub

> Quantitative analysis from TrendMatrix. Data for informational use only — not investment advice.

Medical device companies manufacture and distribute diagnostic, surgical, and patient-monitoring equipment for use in hospitals, clinics, physician offices, and home patient care. Sector returns depend on FDA approval timelines, Medicare/Medicaid reimbursement rates, demographic tailwinds from aging populations, and competitive pricing pressures in global markets. TrendMatrix ranks 40 US-listed Medical Devices stocks by 10-dimension quantitative score, refreshed every 5 minutes during market hours with a full reanalysis nightly.

- **Parent sector:** Healthcare
- **Stocks tracked:** 40 (primer N: 40)
- **Sentiment:** 7 bullish · 7 neutral · 26 bearish · avg score 5.43
- **Last updated:** 2026-04-25T16:28:11+00:00

## Ranked Stocks

| # | Symbol | Name | Verdict | Score | Price | Upside |
|---|---|---|---|---|---|---|
| 1 | [BSX](https://trendmatrix.com/stocks/BSX) | Boston Scientific Corporation | STRONG_BUY_WAIT | 6.4 | $57.29 | +36.8% |
| 2 | [DXCM](https://trendmatrix.com/stocks/DXCM) | DexCom, Inc. | STRONG_BUY_WAIT | 6.0 | $59.30 | +35.2% |
| 3 | [IRTC](https://trendmatrix.com/stocks/IRTC) | iRhythm Holdings, Inc. | STRONG_BUY_WAIT | 5.8 | $127.45 | +37.1% |
| 4 | [SYK](https://trendmatrix.com/stocks/SYK) | Stryker Corporation | STRONG_BUY_WAIT | 5.6 | $315.61 | +19.6% |
| 5 | [IRMD](https://trendmatrix.com/stocks/IRMD) | iRadimed Corporation | STRONG_BUY_WAIT | 5.3 | $82.10 | +27.7% |
| 6 | [ITGR](https://trendmatrix.com/stocks/ITGR) | Integer Holdings Corporation | STRONG_BUY_WAIT | 5.3 | $88.20 | +13.4% |
| 7 | [BIO](https://trendmatrix.com/stocks/BIO) | Bio-Rad Laboratories, Inc. | STRONG_BUY_WAIT | 4.8 | $280.95 | +10.4% |
| 8 | [TMDX](https://trendmatrix.com/stocks/TMDX) | TransMedics Group, Inc. | HOLD_IF_HOLDING | 6.3 | $100.90 | +34.5% |
| 9 | [PODD](https://trendmatrix.com/stocks/PODD) | Insulet Corporation | HOLD_IF_HOLDING | 5.7 | $170.38 | +72.5% |
| 10 | [ZBH](https://trendmatrix.com/stocks/ZBH) | Zimmer Biomet Holdings, Inc. | HOLD_IF_HOLDING | 5.7 | $82.50 | +7.5% |
| 11 | [ENOV](https://trendmatrix.com/stocks/ENOV) | Enovis Corporation | HOLD_IF_HOLDING | 5.6 | $23.28 | +67.9% |
| 12 | [PEN](https://trendmatrix.com/stocks/PEN) | Penumbra, Inc. | HOLD_IF_HOLDING | 5.6 | $325.75 | +6.2% |
| 13 | [QDEL](https://trendmatrix.com/stocks/QDEL) | QuidelOrtho Corporation | HOLD_IF_HOLDING | 5.6 | $12.20 | +92.9% |
| 14 | [LMRI](https://trendmatrix.com/stocks/LMRI) | Lumexa Imaging Holdings, Inc. | HOLD_IF_HOLDING | 5.4 | $9.47 | +73.4% |
| 15 | [GMED](https://trendmatrix.com/stocks/GMED) | Globus Medical, Inc. | SELL_IF_HOLDING | 6.5 | $89.94 | +6.9% |
| 16 | [HAE](https://trendmatrix.com/stocks/HAE) | Haemonetics Corporation | SELL_IF_HOLDING | 5.9 | $59.85 | +22.8% |
| 17 | [INSP](https://trendmatrix.com/stocks/INSP) | Inspire Medical Systems, Inc. | SELL_IF_HOLDING | 5.8 | $55.20 | +13.7% |
| 18 | [AXGN](https://trendmatrix.com/stocks/AXGN) | AxoGen, Inc. | SELL_IF_HOLDING | 5.7 | $42.70 | +5.2% |
| 19 | [EW](https://trendmatrix.com/stocks/EW) | Edwards Lifesciences Corporatio | SELL_IF_HOLDING | 5.7 | $82.90 | +5.5% |
| 20 | [SNN](https://trendmatrix.com/stocks/SNN) | Smith & Nephew SNATS, Inc. | SELL_IF_HOLDING | 5.7 | $30.92 | +1.3% |
| 21 | [ATEC](https://trendmatrix.com/stocks/ATEC) | Alphatec Holdings, Inc. | SELL_IF_HOLDING | 5.6 | $9.66 | +118.5% |
| 22 | [CNMD](https://trendmatrix.com/stocks/CNMD) | CONMED Corporation | SELL_IF_HOLDING | 5.5 | $36.65 | +3.9% |
| 23 | [NVCR](https://trendmatrix.com/stocks/NVCR) | NovoCure Limited | SELL_IF_HOLDING | 5.5 | $14.92 | +46.0% |
| 24 | [ABT](https://trendmatrix.com/stocks/ABT) | Abbott Laboratories | SELL_IF_HOLDING | 5.4 | $90.50 | +18.0% |
| 25 | [GKOS](https://trendmatrix.com/stocks/GKOS) | Glaukos Corporation | SELL_IF_HOLDING | 5.4 | $140.81 | +1.4% |
| 26 | [MASI](https://trendmatrix.com/stocks/MASI) | Masimo Corporation | SELL_IF_HOLDING | 5.4 | $178.38 | -1.7% |
| 27 | [BIO-B](https://trendmatrix.com/stocks/BIO-B) | Bio-Rad Laboratories, Inc. | SELL_IF_HOLDING | 5.3 | $275.00 | +15.0% |
| 28 | [ESTA](https://trendmatrix.com/stocks/ESTA) | Establishment Labs Holdings Inc | SELL_IF_HOLDING | 5.3 | $67.98 | +12.6% |
| 29 | [PHG](https://trendmatrix.com/stocks/PHG) | Koninklijke Philips N.V. NY Reg | SELL_IF_HOLDING | 5.3 | $26.34 | +11.4% |
| 30 | [GEHC](https://trendmatrix.com/stocks/GEHC) | GE HealthCare Technologies Inc. | SELL_IF_HOLDING | 5.2 | $60.78 | +32.9% |
| 31 | [MDT](https://trendmatrix.com/stocks/MDT) | Medtronic plc. | SELL_IF_HOLDING | 5.2 | $80.80 | +20.2% |
| 32 | [STE](https://trendmatrix.com/stocks/STE) | STERIS plc (Ireland) | SELL_IF_HOLDING | 5.2 | $216.74 | +12.0% |
| 33 | [AORT](https://trendmatrix.com/stocks/AORT) | Artivion, Inc. | SELL_IF_HOLDING | 5.1 | $35.70 | +25.7% |
| 34 | [LIVN](https://trendmatrix.com/stocks/LIVN) | LivaNova PLC | SELL_IF_HOLDING | 5.1 | $59.94 | +15.0% |
| 35 | [PRCT](https://trendmatrix.com/stocks/PRCT) | PROCEPT BioRobotics Corporation | SELL_IF_HOLDING | 5.0 | $24.29 | +10.1% |
| 36 | [TNDM](https://trendmatrix.com/stocks/TNDM) | Tandem Diabetes Care, Inc. | SELL_IF_HOLDING | 4.8 | $19.39 | +44.8% |
| 37 | [UFPT](https://trendmatrix.com/stocks/UFPT) | UFP Technologies, Inc. | SELL_IF_HOLDING | 4.8 | $189.87 | +45.3% |
| 38 | [NEOG](https://trendmatrix.com/stocks/NEOG) | Neogen Corporation | SELL_IF_HOLDING | 4.7 | $9.34 | +9.3% |
| 39 | [AHCO](https://trendmatrix.com/stocks/AHCO) | AdaptHealth Corp. | SELL_IF_HOLDING | 4.6 | $13.13 | -0.2% |
| 40 | [BRKR](https://trendmatrix.com/stocks/BRKR) | Bruker Corporation | SELL_IF_HOLDING | 4.3 | $36.57 | +11.2% |

## Recent 8-K Events (last 30 days)

- **BIO** [Item 5.02] (2026-04-24): Stockholders approved the Amended 2017 Incentive Award Plan at the April 21, 2026 annual meeting, adding 335,000 shares and extending expiration to March 18, 2036. Routine compensatory arrangement.
- **BIO-B** [Item 5.02] (2026-04-24): Stockholders approved the Amended 2017 Incentive Award Plan at the April 21, 2026 annual meeting, adding 335,000 shares and extending expiration to March 18, 2036. Routine compensatory arrangement.
- **BRKR** [Item 5.02] (2026-04-10): On April 6, 2026, Falko Busse (President of Bruker BioSpin, executive officer) agreed to transition duties ~May 2026; employment terminates October 31, 2026. Separation agreement provides ~$1M in benefits. No successor named.
- **STE** [Item 5.02] (2026-04-06): STERIS amended Transition Agreement with former CFO Michael J. Tokich, extending his part-time senior financial advisor role through March 31, 2027 at reduced salary of $60,000 per year, effective March 31, 2026. Routine compensatory amendment for former officer.
- **IRTC** [Item 4.01] (2026-04-01): PricewaterhouseCoopers LLP dismissed as independent registered public accounting firm on March 30, 2026. No disagreements or reportable events cited. Successor auditor not named in this filing.

## Cross-Company Themes

- **China** — 2 companies (GEHC, BRKR)
- **Amgen** — 1 companies (PODD)
- **Avance Products** — 1 companies (AXGN)
- **BioGlue** — 1 companies (AORT)
- **CGM systems** — 1 companies (DXCM)

## Related Industries

- [Drug Manufacturers - Specialty & Generic](https://trendmatrix.com/industries/drug-manufacturers-specialty-and-generic) — 29 stocks
- [Medical Care Facilities](https://trendmatrix.com/industries/medical-care-facilities) — 27 stocks
- [Medical Instruments & Supplies](https://trendmatrix.com/industries/medical-instruments-and-supplies) — 25 stocks
- [Diagnostics & Research](https://trendmatrix.com/industries/diagnostics-and-research) — 25 stocks
- [Drug Manufacturers - General](https://trendmatrix.com/industries/drug-manufacturers-general) — 16 stocks

## Canonical Links

- HTML: https://trendmatrix.com/industries/medical-devices
- JSON: https://trendmatrix.com/api/industries/medical-devices/rollup
- Markdown: https://trendmatrix.com/industries/medical-devices.md