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- Medical device stocks are shares of companies that make and sell medical devices. Medical devices include any appliance, instrument, or machine used to diagnose, treat, or prevent a disease or condition. Software, implants, and chemical reagents used for those purposes are also considered medical devices.
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Oct 7, 2024 · In this article, we'll address exactly what medical device stocks are and identify some of the best stocks to buy. We'll also identify some of the top medical device exchange-traded funds...
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Mar 26, 2024 · Unlike pharmaceuticals or biologics, a medical device operates through physical, structural, or mechanical means rather than chemical or metabolic processes within or on the body.
The Medical Devices industry has a total of 146 stocks, with a combined market cap of $871.51 billion, total revenue of $203.24 billion and a weighted average PE ratio of 71.33.
- Medtronic plc (NYSE:MDT) Number of Hedge Fund Holders: 55. Medtronic plc (NYSE:MDT) develops, manufactures, and commercializes device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide.
- Bio-Rad Laboratories, Inc. (NYSE:BIO) Number of Hedge Fund Holders: 45. (NYSE:BIO) is one of the best medical technology stocks to consider buying.
- Veeva Systems Inc. (NYSE:VEEV) Number of Hedge Fund Holders: 42. (NYSE:VEEV) is a California-based company that provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.
- Align Technology, Inc. (NASDAQ:ALGN) Number of Hedge Fund Holders: 38. (NASDAQ:ALGN) is an Arizona-based medical device company that designs, manufactures, and markets Invisalign clear aligners and iTero intraoral scanners and services for restorative and aesthetic dentistry.
Jul 30, 2024 · Here are the biggest healthcare stocks by market cap, including companies that develop pharmaceuticals, make medical devices or provide medical insurance.
Nov 26, 2023 · The medical technology (MedTech) sector plays a significant role in healthcare, focusing primarily on developing medical devices designed to streamline disease prevention, diagnosis, and...
Oct 3, 2023 · Here the Investing News Network looks at the five top medical device companies developing innovative medical technology and medical equipment to treat ailments.
