Research · refreshed nightly · August 17, 2026
Top Medical Device Companies (October 2026)
Device makers ranked by growth.
The best-scoring device maker is not a household name. ChemoMetec, a Danish company at a $1.8B cap, ranks first among the 16 top medical device companies here with an MGI of 66, ahead of Intuitive Surgical at 63 and a $163B cap, roughly ninety times its size.
Devices reward patience over spectacle. Growth rates here cluster in the low teens, and the median MGI of 51.5 reflects steady clinical adoption rather than viral curves. UFP Technologies is the outlier on pace, compounding 24% a year both headline and per share, and KORU Medical makes the list at just a $199M cap. Click any name for the full citation-backed analysis.
50companies qualify
58median MGI
2joined this week
The ranking
Sorted by MGI
1
Insulet CorporationPODD🇺🇸
Revenue +23%/yr · +22%/yr per share · asset light
G 72V 68O 80Cap $10.2B
MGI
72
MVI
68
MTI
37
MOI
80
Cap
$10.2B
Growth
+24%2
DexCom, Inc.DXCM🇺🇸
Revenue +15%/yr · +17%/yr per share · asset light
G 71V 58O 75Cap $29.6B
MGI
71
MVI
58
MTI
46
MOI
75
Cap
$29.6B
Growth
+13%3
Sectra ABSECT.B.SE🇸🇪
Revenue +15%/yr · +15%/yr per share · asset light
G 71V 52O 71Cap $5.0B
MGI
71
MVI
52
MTI
28
MOI
71
Cap
$5.0B
Growth
+13%4
Kuros Biosciences LtdKURN.CH🇨🇭
Revenue +63%/yr · +56%/yr per share · asset light
G 70V 58O 73Cap $1.1B
MGI
70
MVI
58
MTI
43
MOI
73
Cap
$1.1B
Growth
+72%5
AtriCure, Inc.ATRC🇺🇸
Revenue +16%/yr · +14%/yr per share · asset light
G 69V 52O 70Cap $2.3B
MGI
69
MVI
52
MTI
45
MOI
70
Cap
$2.3B
Growth
+13%6
ResMed Inc.RMD🇺🇸
Revenue +10%/yr · +10%/yr per share · asset light
G 67V 62O 75Cap $30.3B
MGI
67
MVI
62
MTI
42
MOI
75
Cap
$30.3B
Growth
+11%7
Intuitive Surgical, Inc.ISRG🇺🇸
Revenue +14%/yr · +14%/yr per share · asset light
G 66V 50O 66Cap $141.0B
MGI
66
MVI
50
MTI
38
MOI
66
Cap
$141.0B
Growth
+19%8
ChemoMetec A/SCHEMM.DK🇩🇰
Revenue +15%/yr · +15%/yr per share · asset light
G 66V 39O 62Cap $1.9B
MGI
66
MVI
39
MTI
42
MOI
62
Cap
$1.9B
Growth
+22%9
Paxman ABPAX.GB🇬🇧
Revenue +27%/yr · +20%/yr per share · asset light
G 65V 62O 69Cap $127.1M
MGI
65
MVI
62
MTI
24
MOI
69
Cap
$127.1M
Growth
+33%10
BrainsWay Ltd.BWAY🇮🇱
Revenue +15%/yr · +10%/yr per share · asset light
G 64V 54O 65Cap $635.4M
MGI
64
MVI
54
MTI
42
MOI
65
Cap
$635.4M
Growth
+35%11
Stille ABSTIL.SE🇸🇪
Revenue +27%/yr · +13%/yr per share · asset light
G 64V 63O 67Cap $192.5M
MGI
64
MVI
63
MTI
36
MOI
67
Cap
$192.5M
Growth
+45%12
Axogen, Inc.AXGN🇺🇸
Revenue +15%/yr · +10%/yr per share · asset light
G 63V 49O 62Cap $2.5B
MGI
63
MVI
49
MTI
30
MOI
62
Cap
$2.5B
Growth
+23%13
SI-BONE, Inc.SIBN🇺🇸
Revenue +19%/yr · +12%/yr per share · asset light
G 62V 64O 66Cap $788.9M
MGI
62
MVI
64
MTI
42
MOI
66
Cap
$788.9M
Growth
+15%14
Medacta Group SAMOVE.CH🇨🇭
Revenue +18%/yr · +18%/yr per share · asset light
G 62V 49O 62Cap $3.4B
MGI
62
MVI
49
MTI
44
MOI
62
Cap
$3.4B
Growth
+16%15
Glaukos CorporationGKOS🇺🇸
Revenue +16%/yr · +11%/yr per share · asset light
G 61V 51O 61Cap $9.6B
MGI
61
MVI
51
MTI
38
MOI
61
Cap
$9.6B
Growth
+50%16
LeMaitre Vascular, Inc.LMAT🇺🇸
Revenue +11%/yr · +9%/yr per share · asset light
G 61V 58O 65Cap $2.0B
MGI
61
MVI
58
MTI
37
MOI
65
Cap
$2.0B
Growth
+10%17
UFP Technologies, Inc.UFPT🇺🇸
Revenue +25%/yr · +24%/yr per share · scale economics
G 61V 48O 60Cap $2.3B
MGI
61
MVI
48
MTI
44
MOI
60
Cap
$2.3B
Growth
+15%18
Electromed, Inc.ELMD🇺🇸
Revenue +13%/yr · +14%/yr per share · asset light
G 61V 60O 65Cap $341.3M
MGI
61
MVI
60
MTI
46
MOI
65
Cap
$341.3M
Growth
+18%19
NIOX Group plcNIOX.GB🇬🇧
Revenue +15%/yr · +13%/yr per share · asset light
G 61V 59O 64Cap $381M
MGI
61
MVI
59
MTI
36
MOI
64
Cap
$381M
Growth
+17%20
Tristel plcTSTL.GB🇬🇧
Revenue +9%/yr · +9%/yr per share · asset light
G 61V 59O 63Cap $271.9M
MGI
61
MVI
59
MTI
35
MOI
63
Cap
$271.9M
Growth
+11%21
Viemed Healthcare, Inc.VMD🇺🇸
Revenue +21%/yr · +21%/yr per share · asset light
G 60V 69O 66Cap $392.3M
MGI
60
MVI
69
MTI
43
MOI
66
Cap
$392.3M
Growth
+24%22
LUMIBIRD SALBIRD.FR🇫🇷
Revenue +12%/yr · +8%/yr per share · asset light
G 60V 60O 62Cap $633.6M
MGI
60
MVI
60
MTI
44
MOI
62
Cap
$633.6M
Growth
+9%23
TransMedics Group, Inc.TMDX🇺🇸
Revenue +86%/yr · +73%/yr per share · asset light
G 59V 67O 65Cap $2.7B
MGI
59
MVI
67
MTI
43
MOI
65
Cap
$2.7B
Growth
+21%24
Delcath Systems, Inc.DCTH🇺🇸
Revenue +93%/yr · +38%/yr per share · asset light
G 59V 61O 62Cap $508.3M
MGI
59
MVI
61
MTI
52
MOI
62
Cap
$508.3M
Growth
+21%25
CeriBell, Inc.CBLL🇺🇸
Revenue +31%/yr · -32%/yr per share · asset light
G 58V 64O 63Cap $819.4M
MGI
58
MVI
64
MTI
43
MOI
63
Cap
$819.4M
Growth
+29%26
Straumann Holding AGSTMN.CH🇨🇭
Revenue +13%/yr · +13%/yr per share · asset light
G 58V 45O 56Cap $19.3B
MGI
58
MVI
45
MTI
40
MOI
56
Cap
$19.3B
Growth
+4%27
Medistim ASAMEDI.NO🇳🇴
Revenue +11%/yr · +11%/yr per share · asset light
G 58V 58O 60Cap $463.2M
MGI
58
MVI
58
MTI
28
MOI
60
Cap
$463.2M
Growth
+33%28
Globus Medical, Inc.GMED🇺🇸
Revenue +27%/yr · +20%/yr per share · asset light
G 57V 55O 59Cap $11.1B
MGI
57
MVI
55
MTI
42
MOI
59
Cap
$11.1B
Growth
+27%29
Bittium OyjBITTI.FI🇫🇮
Revenue +9%/yr · +9%/yr per share · asset light
G 57V 44O 55Cap $1.3B
MGI
57
MVI
44
MTI
44
MOI
55
Cap
$1.3B
Growth
+9%30
SKAN Group AGSKAN.CH🇨🇭
Revenue +11%/yr · -4%/yr per share · asset light
G 56V 46O 55Cap $1.6B
MGI
56
MVI
46
MTI
42
MOI
55
Cap
$1.6B
Growth
-8%31
Kromek Group plcKMK.GB🇬🇧
Revenue +25%/yr · +10%/yr per share · asset light
G 53V 65O 56Cap $65.3M
MGI
53
MVI
65
MTI
45
MOI
56
Cap
$65.3M
Growth
+12%32
Ion Beam Applications SAIBAB.BE🇧🇪
Revenue +15%/yr · +14%/yr per share · scale economics
G 53V 66O 57Cap $489.8M
MGI
53
MVI
66
MTI
45
MOI
57
Cap
$489.8M
Growth
+25%33
Asker Healthcare Group ABASKER.SE🇸🇪
Revenue +14%/yr · +3%/yr per share · scale economics
G 53V 56O 55Cap $3.3B
MGI
53
MVI
56
MTI
34
MOI
55
Cap
$3.3B
Growth
+17%34
Boston Scientific CorporationBSX🇺🇸
Revenue +12%/yr · +11%/yr per share · asset light
G 51V 55O 53Cap $68.4B
MGI
51
MVI
55
MTI
53
MOI
53
Cap
$68.4B
Growth
+12%35
iRhythm Holdings, Inc.IRTC🇺🇸
Revenue +21%/yr · +18%/yr per share · asset light
G 51V 53O 52Cap $4.0B
MGI
51
MVI
53
MTI
48
MOI
52
Cap
$4.0B
Growth
+20%36
Devyser Diagnostics ABDVYSR.SE🇸🇪
Revenue +22%/yr · +14%/yr per share · asset light
G 51V 52O 51Cap $171.7M
MGI
51
MVI
52
MTI
50
MOI
51
Cap
$171.7M
Growth
-4%37
Inspire Medical Systems, Inc.INSP🇺🇸
Revenue +31%/yr · +29%/yr per share · asset light
G 50V 68O 55Cap $1.5B
MGI
50
MVI
68
MTI
64
MOI
55
Cap
$1.5B
Growth
+31%38
Tactile Systems Technology, Inc.TCMD🇺🇸
Revenue +11%/yr · +8%/yr per share · asset light
G 50V 60O 53Cap $612.1M
MGI
50
MVI
60
MTI
44
MOI
53
Cap
$612.1M
Growth
+23%39
Surgical Science Sweden ABSUS.SE🇸🇪
Revenue +22%/yr · +17%/yr per share · asset light
G 47V 74O 52Cap $165.6M
MGI
47
MVI
74
MTI
65
MOI
52
Cap
$165.6M
Growth
-6%40
Cerus CorporationCERS🇺🇸
Revenue +9%/yr · +6%/yr per share · asset light
G 46V 57O 48Cap $588.4M
MGI
46
MVI
57
MTI
38
MOI
48
Cap
$588.4M
Growth
+24%41
Pro-Dex, Inc.PDEX🇺🇸
Revenue +13%/yr · -62%/yr per share · scale economics
G 46V 51O 46Cap $185.5M
MGI
46
MVI
51
MTI
56
MOI
46
Cap
$185.5M
Growth
+15%42
SCHOTT Pharma AG & Co. KGaA1SXP.DE🇩🇪
Revenue +76%/yr · +62%/yr per share · scale economics
G 46V 55O 47Cap $3.4B
MGI
46
MVI
55
MTI
40
MOI
47
Cap
$3.4B
Growth
-2%43
Butterfly Network, Inc.BFLY🇺🇸
Revenue +12%/yr · +4%/yr per share · asset light
G 45V 46O 44Cap $2.3B
MGI
45
MVI
46
MTI
50
MOI
44
Cap
$2.3B
Growth
+25%44
NeuroPace, Inc.NPCE🇺🇸
Revenue +17%/yr · +2%/yr per share · asset light
G 45V 61O 48Cap $525.9M
MGI
45
MVI
61
MTI
42
MOI
48
Cap
$525.9M
Growth
-2%45
RxSight, Inc.RXST🇺🇸
Revenue +41%/yr · +13%/yr per share · asset light
G 44V 56O 45Cap $286.6M
MGI
44
MVI
56
MTI
42
MOI
45
Cap
$286.6M
Growth
0%46
Cytek Biosciences, Inc.CTKB🇺🇸
Revenue +10%/yr · +1%/yr per share · asset light
G 44V 58O 46Cap $592.7M
MGI
44
MVI
58
MTI
52
MOI
46
Cap
$592.7M
Growth
+6%47
Medartis Holding AGMED.CH🇨🇭
Revenue +16%/yr · +15%/yr per share · asset light
G 44V 43O 43Cap $1.3B
MGI
44
MVI
43
MTI
42
MOI
43
Cap
$1.3B
Growth
+20%48
Profound Medical Corp.PRN.CA🇨🇦
Revenue +23%/yr · +10%/yr per share · asset light
G 44V 64O 47Cap $241.2M
MGI
44
MVI
64
MTI
49
MOI
47
Cap
$241.2M
Growth
+104%
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