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Small Cap
Medical Devices
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
INSP icon
1
Inspire Medical Systems
INSP
$1.99B
$1.99B $68.79 1.9%
BFLY icon
2
Butterfly Network
BFLY
$1.93B
$1.93B $7.25 7.64%
ESTA icon
3
Establishment Labs
ESTA
$1.76B
$1.76B $59.18 3.55%
ALMR icon
4
Alamar Biosciences
ALMR
$1.75B
$1.75B $25.28 7.8%
NVCR icon
5
NovoCure
NVCR
$1.64B
$1.64B $14.07 2.36%
ATEC icon
6
Alphatec Holdings
ATEC
$1.62B
$1.62B $10.46 4.3%
CNMD icon
7
CONMED
CNMD
$1.4B
$1.4B $46.72 0.89%
TNDM icon
8
Tandem Diabetes Care
TNDM
$1.13B
$1.13B $16.24 1.69%
ENOV icon
9
Enovis
ENOV
$1.13B
$1.13B $19.59 1.24%
IRMD icon
10
iRadimed
IRMD
$1.13B
$1.13B $88.27 1.23%
AORT icon
11
Artivion
AORT
$1.06B
$1.06B $21.78 0.41%
LMRI icon
12
Lumexa Imaging Holdings
LMRI
$1.04B
$1.04B $10.78 0%
IART icon
13
Integra LifeSciences
IART
$1.03B
$1.03B $13.21 2.37%
PRCT icon
14
Procept Biorobotics
PRCT
$1.01B
$1.01B $17.57 3.2%
CBLL icon
15
CeriBell Inc
CBLL
$961M
$961M $25.04 9.41%
BVS icon
16
Bioventus
BVS
$908M
$908M $13.30 3.69%
QDEL icon
17
QuidelOrtho
QDEL
$885M
$885M $12.91 7.19%
SIBN icon
18
SI-BONE Inc
SIBN
$882M
$882M $19.68 1.16%
BBNX icon
19
Beta Bionics
BBNX
$882M
$882M $16.35 5.55%
INMD icon
20
InMode
INMD
$815M
$815M $14.16 1.12%
AHCO icon
21
AdaptHealth
AHCO
$803M
$803M $6.02 5.79%
VREX icon
22
Varex Imaging
VREX
$782M
$782M $18.41 0.32%
CTKB icon
23
Cytek Biosciences
CTKB
$682M
$682M $5.25 2.96%
AVR icon
24
Anteris Technologies
AVR
$590M
$590M $6.05 4.87%
KIDS icon
25
OrthoPediatrics
KIDS
$573M
$573M $21.95 2.75%
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Small Cap Medical Devices Stocks at a Glance

Medical device companies develop surgical equipment, implants, pacemakers, imaging systems, and other therapeutic machines. Procedure volumes drive recurring demand, with regulatory approvals and surgeon adoption creating high switching costs and durable franchises around installed bases.

There are 43 small cap Medical Devices stocks — companies in the Medical Devices industry with a market cap between $250M and $2B — worth a combined $35.7B.

The largest by market cap are Inspire Medical Systems (INSP) at $1.99B, Butterfly Network (BFLY) at $1.93B and Establishment Labs (ESTA) at $1.76B.

Among institutional investors, Alamar Biosciences (ALMR) drew the most net new fund positions in Q2 2026: 87 funds opened new positions.

Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q2 2026.