Medical instruments and supplies stocks with the fastest revenue growth

Ranked

81

of 137 medical instruments and supplies stocks we cover

Median

+8.9%

Highest

+89.7%

SSII

Range

−18.9% to +89.7%

#	Company	Revenue growth	Net margin	Price to sales	Market cap
1	SSIISS Innovations International	+89.7%	−23.7%	8.6×	$450.9M
2	CARLCarlsmed	+65.4%	−57.4%	6.3×	$396.7M
3	SIShoulder Innovations	+60.9%	−58.3%	6.8×	$409.3M
4	KMTSKestra Medical Technologies	+60.7%	n/m	16.1×	$1.7B
5	BBNXBeta Bionics	+52.5%	−61.3%	7.2×	$862M
6	STAAStaar Surgical	+51.3%	1.1%	3.3×	$1.1B
7	HTFLHeartflow	+42.8%	−55.8%	23.3×	$4.9B
8	GKOSGLAUKOS	+41.5%	−30.7%	17.2×	$10.6B
9	STIMNeuronetics	+39.6%	−19.6%	1.0×	$160.8M
10	ESTAEstablishment Labs	+38.6%	−15.8%	7.7×	$1.9B
11	DCTHDelcath Systems	+35.8%	0.6%	5.2×	$500.4M
12	TFXTeleflex	+30.7%	−45.8%	2.6×	$5.8B
13	PODDInsulet	+29.4%	12.3%	3.4×	$10.3B
14	APYXApyx Medical	+25.6%	−14.8%	1.7×	$99.8M
15	IRTCiRhythm	+25.6%	−1.7%	4.8×	$4B
16	PRCTPROCEPT BioRobotics	+22.7%	−32.5%	3.4×	$1.1B
17	ISRGIntuitive Surgical	+20.5%	25.5%	13.8×	$159.8B
18	CDRECadre	+19.7%	5.3%	1.9×	$1.3B
19	GMEDGlobus Medical	+19.7%	17.0%	3.5×	$10.9B
20	ATECAlphatec	+19.5%	−13.5%	2.1×	$1.7B
21	PENPenumbra	+17.6%	10.7%	8.5×	$12.8B
22	TCMDTactile Systems Technology	+17.2%	7.1%	1.5×	$535.5M
23	NPCENeuroPace	+16.9%	−19.3%	4.5×	$443.1M
24	PDEXPro DEX	+16.4%	17.6%	2.6×	$199.3M
25	AORTArtivion	+16.4%	−0.7%	2.4×	$1.1B
26	CERSCerus	+16.2%	−2.9%	2.0×	$469.6M
27	SIBNSI-BONE	+15.3%	−6.9%	4.5×	$962.7M
28	KIDSOrthopediatrics	+14.5%	−15.7%	2.5×	$639.7M
29	ATRCAtriCure	+13.9%	1.9%	5.3×	$3B
30	SMTISanara MedTech	+13.0%	−29.2%	2.7×	$301.4M
31	WSTWest Pharmaceutical Services	+12.4%	17.0%	8.3×	$27.6B
32	CVRXCVRx	+12.0%	−84.9%	0.6×	$37.8M
33	NVSTEnvista	+11.9%	3.3%	1.3×	$3.8B
34	LMATLemaitre Vascular	+11.8%	25.0%	7.4×	$1.9B
35	IRMDIradimed	+11.2%	26.7%	12.7×	$1.1B
36	WRBYWarby Parker	+11.0%	0.8%	3.5×	$3.2B
37	NVCRNovoCure	+11.0%	−21.2%	2.4×	$1.7B
38	MMSIMerit Medical Systems	+10.2%	9.2%	3.5×	$5.6B
39	RMDResMed	+9.9%	26.9%	6.5×	$36.5B
40	SGHTSight Sciences	+9.3%	−35.7%	5.9×	$495.2M
41	BLCOBausch & Lomb	+8.9%	−3.2%	1.2×	$6.2B
42	ANGOAngiodynamics	+8.2%	−10.1%	1.6×	$520M
43	EYENational Vision	+7.8%	2.5%	0.7×	$1.5B
44	UFPTUFP Technologies	+7.3%	11.4%	3.6×	$2.3B
45	MSAMSA Safety	+6.5%	16.1%	3.6×	$7B
46	TELATELA Bio	+6.1%	−51.5%	0.5×	$43.3M
47	APTAlpha Pro Tech	+5.7%	6.8%	0.9×	$56.7M
48	BAXBaxter International	+5.4%	−9.3%	1.1×	$13.1B
49	KEQUKewaunee Scientific	+5.3%	3.0%	0.3×	$94.9M
50	ANIKAnika Therapeutics	+5.3%	−3.1%	2.4×	$286.7M
51	MOVMovado	+5.2%	6.0%	1.0×	$701.9M
52	BDXBecton, Dickinson and	+5.2%	4.5%	2.6×	$54.2B
53	ENOVEnovis CORP	+4.9%	−48.0%	0.5×	$1.2B
54	COOCooper Companies	+4.7%	13.5%	2.7×	$11.6B
55	ALGNAlign Technology	+4.4%	10.0%	2.7×	$11B
56	INSPInspire Medical Systems	+4.3%	15.0%	2.3×	$2.1B
57	TNDMTandem Diabetes Care	+4.0%	−6.1%	1.2×	$1.2B
58	LNSRLENSAR	+3.3%	57.6%	1.2×	$74.6M
59	INGNInogen	+3.2%	−6.9%	0.5×	$188.4M
60	BVSBioventus	+3.1%	9.4%	2.2×	$1.3B
61	OFIXOrthofix Medical	+3.0%	−7.4%	0.5×	$399.6M
62	INFUInfuSystem	+2.5%	6.0%	1.9×	$277.6M
63	RCELAVITA Medical	+1.0%	−57.0%	6.3×	$479.7M
64	VNTVontier	+0.9%	11.3%	1.5×	$4.6B
65	IARTIntegra Lifesciences	+0.8%	−0.4%	0.6×	$926.3M
66	HAEHaemonetics	+0.4%	7.1%	4.0×	$5.4B
67	LAKELakeland Industries	−0.3%	−14.0%	0.5×	$95.2M
68	XRAYDENTSPLY SIRONA	−0.8%	−15.0%	0.5×	$1.9B
69	SOLVSolventum	−0.9%	17.3%	1.7×	$14.5B
70	BMIBadger Meter	−2.2%	14.3%	5.0×	$4.4B
71	MDXGMimedx	−2.4%	1.8%	1.6×	$569.9M
72	LUNGPulmonx	−3.4%	−55.0%	0.9×	$78.6M
73	TMCITreace Medical Concepts	−4.0%	−29.0%	1.4×	$277.7M
74	SKINSkinHealth Systems	−6.5%	−9.8%	0.2×	$70.8M
75	EMBCEmbecta	−7.6%	8.6%	0.4×	$380.2M
76	ICUIICU Medical	−9.0%	1.4%	1.9×	$4.2B
77	FOSLFossil	−9.1%	−7.1%	0.4×	$390.3M
78	ARAYAccuray	−12.3%	−12.2%	0.0×	$15.5M
79	RXSTRxSight	−13.2%	−36.8%	1.6×	$208.8M
80	XTNTXtant Medical	−14.3%	−10.2%	0.4×	$39.6M
81	OSUROrasure Technologies	−18.9%	−43.7%	2.5×	$284.8M

Not ranked: 36 with under $50M of revenue, 7 with a quarter missing, 5 with not a meaningful number, 1 with growth from a base too small to compare. 7 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.