Research · refreshed nightly · July 28, 2026
Top Medical Device Companies (July 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
58.5median MGI
11joined this week
The ranking
Sorted by MGI
1
Insulet CorporationPODD🇺🇸
Revenue +21%/yr · +21%/yr per share · asset light
G 72V 62O 78Cap $13.0B
MGI
72
MVI
62
MTI
37
MOI
78
Cap
$13.0B
Growth
+34%2
Sectra ABSECT.B.SE🇸🇪
Revenue +15%/yr · +15%/yr per share · asset light
G 71V 52O 72Cap $4.9B
MGI
71
MVI
52
MTI
28
MOI
72
Cap
$4.9B
Growth
+13%3
Kuros Biosciences LtdKURN.CH🇨🇭
Revenue +101%/yr · +80%/yr per share · asset light
G 70V 59O 74Cap $1.0B
MGI
70
MVI
59
MTI
43
MOI
74
Cap
$1.0B
Growth
+72%4
AtriCure, Inc.ATRC🇺🇸
Revenue +16%/yr · +14%/yr per share · asset light
G 69V 59O 72Cap $1.7B
MGI
69
MVI
59
MTI
45
MOI
72
Cap
$1.7B
Growth
+14%5
Bittium OyjBITTI.FI🇫🇮
Revenue +9%/yr · +9%/yr per share · asset light
G 68V 45O 67Cap $1.2B
MGI
68
MVI
45
MTI
44
MOI
67
Cap
$1.2B
Growth
+9%6
ResMed Inc.RMD🇺🇸
Revenue +10%/yr · +10%/yr per share · asset light
G 67V 62O 75Cap $31.0B
MGI
67
MVI
62
MTI
42
MOI
75
Cap
$31.0B
Growth
+11%7
Intuitive Surgical, Inc.ISRG🇺🇸
Revenue +14%/yr · +14%/yr per share · asset light
G 66V 51O 67Cap $134.3B
MGI
66
MVI
51
MTI
38
MOI
67
Cap
$134.3B
Growth
+23%8
ChemoMetec A/SCHEMM.DK🇩🇰
Revenue +15%/yr · +15%/yr per share · asset light
G 66V 39O 63Cap $1.9B
MGI
66
MVI
39
MTI
42
MOI
63
Cap
$1.9B
Growth
+22%9
Paxman ABPAX.GB🇬🇧
Revenue +27%/yr · +20%/yr per share · asset light
G 65V 62O 69Cap $128.5M
MGI
65
MVI
62
MTI
24
MOI
69
Cap
$128.5M
Growth
+33%10
DexCom, Inc.DXCM🇺🇸
Revenue +14%/yr · +16%/yr per share · asset light
G 65V 63O 71Cap $26.3B
MGI
65
MVI
63
MTI
44
MOI
71
Cap
$26.3B
Growth
+15%11
BrainsWay Ltd.BWAY🇮🇱
Revenue +14%/yr · +8%/yr per share · asset light
G 64V 57O 66Cap $584.2M
MGI
64
MVI
57
MTI
42
MOI
66
Cap
$584.2M
Growth
+35%12
Stille ABSTIL.SE🇸🇪
Revenue +29%/yr · +15%/yr per share · scale economics
G 64V 61O 67Cap $206M
MGI
64
MVI
61
MTI
36
MOI
67
Cap
$206M
Growth
+11%13
Penumbra, Inc.PEN🇺🇸
Revenue +14%/yr · +11%/yr per share · asset light
G 63V 54O 65Cap $12.7B
MGI
63
MVI
54
MTI
42
MOI
65
Cap
$12.7B
Growth
+16%14
SI-BONE, Inc.SIBN🇺🇸
Revenue +18%/yr · +12%/yr per share · asset light
G 62V 68O 68Cap $657.2M
MGI
62
MVI
68
MTI
42
MOI
68
Cap
$657.2M
Growth
+11%15
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%16
LeMaitre Vascular, Inc.LMAT🇺🇸
Revenue +11%/yr · +9%/yr per share · asset light
G 61V 54O 63Cap $2.4B
MGI
61
MVI
54
MTI
37
MOI
63
Cap
$2.4B
Growth
+11%17
UFP Technologies, Inc.UFPT🇺🇸
Revenue +24%/yr · +24%/yr per share · scale economics
G 61V 56O 63Cap $1.7B
MGI
61
MVI
56
MTI
44
MOI
63
Cap
$1.7B
Growth
+4%18
Electromed, Inc.ELMD🇺🇸
Revenue +13%/yr · +14%/yr per share · asset light
G 61V 61O 66Cap $330M
MGI
61
MVI
61
MTI
46
MOI
66
Cap
$330M
Growth
+18%19
NIOX Group plcNIOX.GB🇬🇧
Revenue +15%/yr · +13%/yr per share · asset light
G 61V 60O 64Cap $364.8M
MGI
61
MVI
60
MTI
36
MOI
64
Cap
$364.8M
Growth
+17%20
Tristel plcTSTL.GB🇬🇧
Revenue +9%/yr · +9%/yr per share · asset light
G 61V 60O 63Cap $263.7M
MGI
61
MVI
60
MTI
35
MOI
63
Cap
$263.7M
Growth
+11%21
Glaukos CorporationGKOS🇺🇸
Revenue +13%/yr · +9%/yr per share · asset light
G 60V 50O 60Cap $8.9B
MGI
60
MVI
50
MTI
42
MOI
60
Cap
$8.9B
Growth
+41%22
Viemed Healthcare, Inc.VMD🇺🇸
Revenue +20%/yr · +20%/yr per share · asset light
G 60V 68O 66Cap $409.8M
MGI
60
MVI
68
MTI
43
MOI
66
Cap
$409.8M
Growth
+28%23
Boston Scientific CorporationBSX🇺🇸
Revenue +12%/yr · +11%/yr per share · asset light
G 59V 49O 59Cap $80.5B
MGI
59
MVI
49
MTI
50
MOI
59
Cap
$80.5B
Growth
+12%24
TransMedics Group, Inc.TMDX🇺🇸
Revenue +84%/yr · +71%/yr per share · asset light
G 59V 64O 64Cap $3.0B
MGI
59
MVI
64
MTI
43
MOI
64
Cap
$3.0B
Growth
+21%25
Delcath Systems, Inc.DCTH🇺🇸
Revenue +91%/yr · +37%/yr per share · asset light
G 59V 69O 65Cap $366M
MGI
59
MVI
69
MTI
52
MOI
65
Cap
$366M
Growth
+26%26
CeriBell, Inc.CBLL🇺🇸
Revenue +28%/yr · -33%/yr per share · asset light
G 58V 69O 64Cap $690.9M
MGI
58
MVI
69
MTI
43
MOI
64
Cap
$690.9M
Growth
+29%27
Straumann Holding AGSTMN.CH🇨🇭
Revenue +13%/yr · +13%/yr per share · asset light
G 58V 46O 56Cap $18.5B
MGI
58
MVI
46
MTI
40
MOI
56
Cap
$18.5B
Growth
+4%28
Medistim ASAMEDI.NO🇳🇴
Revenue +11%/yr · +11%/yr per share · asset light
G 58V 59O 60Cap $450.1M
MGI
58
MVI
59
MTI
28
MOI
60
Cap
$450.1M
Growth
+33%29
Prim, S.A.PRM.ES🇪🇸
Revenue +11%/yr · +12%/yr per share · asset light
G 58V 62O 61Cap $256.6M
MGI
58
MVI
62
MTI
42
MOI
61
Cap
$256.6M
Growth
+8%30
Globus Medical, Inc.GMED🇺🇸
Revenue +26%/yr · +20%/yr per share · asset light
G 57V 55O 59Cap $11.2B
MGI
57
MVI
55
MTI
42
MOI
59
Cap
$11.2B
Growth
+26%31
Ion Beam Applications SAIBAB.BE🇧🇪
Revenue +15%/yr · +14%/yr per share · scale economics
G 53V 65O 57Cap $511M
MGI
53
MVI
65
MTI
45
MOI
57
Cap
$511M
Growth
+25%32
EssilorLuxottica S.A.EL.FR🇫🇷
Revenue +15%/yr · +13%/yr per share · asset light
G 53V 58O 57Cap $86.3B
MGI
53
MVI
58
MTI
40
MOI
57
Cap
$86.3B
Growth
+8%33
Kromek Group plcKMK.GB🇬🇧
Revenue +25%/yr · +10%/yr per share · asset light
G 53V 66O 56Cap $64M
MGI
53
MVI
66
MTI
45
MOI
56
Cap
$64M
Growth
+12%34
Asker Healthcare Group ABASKER.SE🇸🇪
Revenue +14%/yr · +3%/yr per share · scale economics
G 53V 56O 55Cap $3.2B
MGI
53
MVI
56
MTI
34
MOI
55
Cap
$3.2B
Growth
+23%35
iRhythm Holdings, Inc.IRTC🇺🇸
Revenue +20%/yr · +17%/yr per share · asset light
G 51V 55O 53Cap $3.8B
MGI
51
MVI
55
MTI
48
MOI
53
Cap
$3.8B
Growth
+26%36
Devyser Diagnostics ABDVYSR.SE🇸🇪
Revenue +22%/yr · +14%/yr per share · asset light
G 51V 53O 52Cap $167.3M
MGI
51
MVI
53
MTI
50
MOI
52
Cap
$167.3M
Growth
-4%37
Inspire Medical Systems, Inc.INSP🇺🇸
Revenue +31%/yr · +30%/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 · +7%/yr per share · asset light
G 50V 60O 53Cap $609.8M
MGI
50
MVI
60
MTI
44
MOI
53
Cap
$609.8M
Growth
+23%39
Axogen, Inc.AXGN🇺🇸
Revenue +13%/yr · +10%/yr per share · asset light
G 49V 49O 49Cap $2.0B
MGI
49
MVI
49
MTI
42
MOI
49
Cap
$2.0B
Growth
+27%40
LUMIBIRD SALBIRD.FR🇫🇷
Revenue +12%/yr · +8%/yr per share · asset light
G 48V 53O 49Cap $603.6M
MGI
48
MVI
53
MTI
38
MOI
49
Cap
$603.6M
Growth
+9%41
Surgical Science Sweden ABSUS.SE🇸🇪
Revenue +22%/yr · +17%/yr per share · asset light
G 47V 74O 52Cap $161.3M
MGI
47
MVI
74
MTI
65
MOI
52
Cap
$161.3M
Growth
-6%42
Pro-Dex, Inc.PDEX🇺🇸
Revenue +13%/yr · -62%/yr per share · scale economics
G 46V 53O 47Cap $169.9M
MGI
46
MVI
53
MTI
56
MOI
47
Cap
$169.9M
Growth
+15%43
SCHOTT Pharma AG & Co. KGaA1SXP.DE🇩🇪
Revenue +74%/yr · +60%/yr per share · scale economics
G 46V 54O 47Cap $3.6B
MGI
46
MVI
54
MTI
40
MOI
47
Cap
$3.6B
Growth
-2%44
Demant A/SDEMANT.DK🇩🇰
Revenue +10%/yr · +12%/yr per share · asset light
G 46V 62O 51Cap $7.0B
MGI
46
MVI
62
MTI
46
MOI
51
Cap
$7.0B
Growth
+3%45
NeuroPace, Inc.NPCE🇺🇸
Revenue +17%/yr · +2%/yr per share · asset light
G 45V 63O 48Cap $483.8M
MGI
45
MVI
63
MTI
42
MOI
48
Cap
$483.8M
Growth
-2%46
Profound Medical Corp.PRN.CA🇨🇦
Revenue +22%/yr · +12%/yr per share · asset light
G 44V 60O 46Cap $282.2M
MGI
44
MVI
60
MTI
49
MOI
46
Cap
$282.2M
Growth
+104%47
RxSight, Inc.RXST🇺🇸
Revenue +41%/yr · +13%/yr per share · asset light
G 44V 61O 46Cap $244.2M
MGI
44
MVI
61
MTI
42
MOI
46
Cap
$244.2M
Growth
-18%48
Cytek Biosciences, Inc.CTKB🇺🇸
Revenue +10%/yr · +0%/yr per share · asset light
G 44V 59O 46Cap $566.9M
MGI
44
MVI
59
MTI
52
MOI
46
Cap
$566.9M
Growth
+7%
Changed this week
Week over week, from the nightly refresh.
Entered
Ion Beam Applications SA (IBAB.BE) · joined at #31 · Revenue +15%/yr · +14%/yr per share · scale economics
EnteredProfound Medical Corp. (PRN.CA) · joined at #46 · Revenue +22%/yr · +12%/yr per share · asset light
EnteredSMTI (SMTI) · since left the ranking
EnteredSNWV (SNWV) · since left the ranking
EnteredKromek Group plc (KMK.GB) · joined at #33 · Revenue +25%/yr · +10%/yr per share · asset light
+6 more
NIOX.GB, BSX, SKAN.CH, SMTI, TSTL.GB, DVYSR.SE also joined
Left
SKAN.CH, SMTI, SNWV, KRMD, SMTI, XVIVO.SE, BONEX.SE, MCAP.SE, CRAD.B.SE, BSX, SMTI
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-07-28.