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Small Cap
Medical Devices
Stocks Ranked by
Market Capitalization

Name Market cap Price Price
change %
ESTA icon
1
Establishment Labs
ESTA
$2B
$2B $67.02 4.04%
ALMR icon
2
Alamar Biosciences
ALMR
$1.95B
$1.95B $28.05 4.24%
INSP icon
3
Inspire Medical Systems
INSP
$1.85B
$1.85B $63.98 3.83%
BFLY icon
4
Butterfly Network
BFLY
$1.7B
$1.7B $6.37 4.94%
ENOV icon
5
Enovis
ENOV
$1.57B
$1.57B $27.16 5.1%
NVCR icon
6
NovoCure
NVCR
$1.55B
$1.55B $13.28 1.99%
CNMD icon
7
CONMED
CNMD
$1.53B
$1.53B $51.50 2.52%
LMRI icon
8
Lumexa Imaging Holdings
LMRI
$1.29B
$1.29B $13.43 1.67%
PRCT icon
9
Procept Biorobotics
PRCT
$1.19B
$1.19B $20.62 1.73%
TNDM icon
10
Tandem Diabetes Care
TNDM
$1.18B
$1.18B $16.91 6%
ATEC icon
11
Alphatec Holdings
ATEC
$1.14B
$1.14B $7.44 4.62%
IRMD icon
12
iRadimed
IRMD
$1.1B
$1.1B $86.31 0.9%
SIBN icon
13
SI-BONE Inc
SIBN
$1.09B
$1.09B $24.24 0.12%
IART icon
14
Integra LifeSciences
IART
$1.04B
$1.04B $13.42 4.96%
CBLL icon
15
CeriBell Inc
CBLL
$1.03B
$1.03B $26.59 2.23%
AHCO icon
16
AdaptHealth
AHCO
$1B
$1B $7.33 1.08%
AORT icon
17
Artivion
AORT
$985M
$985M $20.21 20.2%
BBNX icon
18
Beta Bionics
BBNX
$854M
$854M $15.70 1.36%
KIDS icon
19
OrthoPediatrics
KIDS
$829M
$829M $31.76 1.43%
VREX icon
20
Varex Imaging
VREX
$783M
$783M $18.44 0%
INMD icon
21
InMode
INMD
$767M
$767M $13.33 0.52%
CTKB icon
22
Cytek Biosciences
CTKB
$762M
$762M $5.83 7.96%
QDEL icon
23
QuidelOrtho
QDEL
$734M
$734M $10.70 16.7%
BVS icon
24
Bioventus
BVS
$727M
$727M $10.61 0.66%
PACB icon
25
Pacific Biosciences
PACB
$699M
$699M $2.25 7.41%

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 46 small cap Medical Devices stocks — companies in the Medical Devices industry with a market cap between $250M and $2B — worth a combined $37.8B.

The largest by market cap are Establishment Labs (ESTA) at $2B, Alamar Biosciences (ALMR) at $1.95B and Inspire Medical Systems (INSP) at $1.85B.

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.