Medical Devices Valuation Multiples and Public Comps

Medical Devices

See analyst estimates and all valuation multiples for Medical Devices

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Samsung	$770B	3.4x	13.2x
Johnson & Johnson	$612B	6.5x	17.1x
Siemens	$274B	2.9x	16.2x
Thermo Fisher Scientific	$219B	4.9x	19.6x
Abbott Laboratories	$201B	4.5x	16.9x
Intuitive Surgical	$172B	17.3x	40.5x
Danaher	$164B	6.7x	21.5x
Stryker	$152B	6.1x	21.2x
Medtronic	$148B	4.2x	14.7x
Boston Scientific	$122B	6.1x	19.3x
Siemens Healthineers	$51.9B	1.8x	9.2x
IDEXX Laboratories	$50.9B	11.9x	34.1x
Alcon	$42.9B	4.0x	15.8x
GE HealthCare	$42.6B	2.1x	11.7x
Edwards Lifesciences	$40.9B	6.8x	22.3x
Agilent	$37.1B	5.4x	18.3x
ResMed	$36.2B	6.7x	17.7x
Philips	$35.9B	1.7x	10.4x
Waters	$32.5B	10.3x	28.7x
Mindray	$30.1B	6.0x	17.6x
Mettler Toledo	$29.7B	7.4x	23.8x
DexCom	$26.3B	5.7x	19.5x
Zimmer Biomet	$26.0B	3.2x	9.5x
Steris	$26.0B	4.5x	15.3x
Fresenius Medical Care	$24.4B	1.1x	5.8x
Sartorius Stedim Biotech	$22.9B	6.5x	21.2x
Bausch Health	$21.9B	2.1x	6.0x
Sartorius	$21.6B	5.1x	17.4x
Coloplast	$21.4B	4.8x	14.6x
Halma	$20.9B	6.2x	25.2x
Cooper Companies	$18.7B	4.5x	14.5x
Smith & Nephew	$18.2B	2.9x	11.1x
Baxter International	$18.0B	1.6x	8.1x
Insulet	$17.3B	6.4x	26.8x
Hologic	$16.9B	4.1x	12.5x
Solventum	$16.6B	2.0x	7.5x
Shionogi	$15.6B	5.0x	12.5x
Sonova	$15.0B	3.0x	11.8x
United Imaging	$13.9B	7.6x	44.8x
Olympus	$13.5B	2.1x	10.2x
Penumbra	$13.1B	9.5x	50.9x
Fosun Pharma	$12.9B	2.2x	13.5x
Fisher & Paykel	$12.6B	9.5x	28.5x
Align Technology	$12.4B	3.1x	11.8x
Medpace	$11.8B	4.7x	21.3x
Globus Medical	$11.5B	4.0x	13.0x
Bausch & Lomb	$10.7B	2.0x	11.9x
Masimo	$9.7B	6.4x	21.3x
Cochlear	$9.3B	5.3x	20.2x
Demant	$9.1B	2.5x	10.5x
Salubris Pharmaceuticals	$8.0B	12.2x	50.3x
ConvaTec Group	$7.3B	3.0x	11.3x
Bruker	$7.1B	2.1x	13.1x
Teleflex	$7.0B	2.1x	7.8x
Getinge	$7.0B	1.8x	9.4x
Shimadzu	$6.8B	1.9x	11.5x
Bio-Rad Laboratories	$6.6B	2.5x	14.2x
Mirion Technologies	$6.5B	7.0x	28.5x
Glaukos	$6.1B	12.4x	-311.1x
Abbott India	$6.0B	8.0x	29.1x
Ypsomed	$5.7B	5.9x	15.3x
Novanta	$5.7B	5.8x	25.2x
Caris Life Sciences	$5.6B	7.7x	90.0x
Snibe	$5.6B	8.2x	18.4x
Amplifon	$5.6B	1.9x	8.5x
Merit Medical Systems	$5.3B	3.5x	14.4x
Sysmex	$5.2B	1.6x	6.6x
Humanwell Healthcare	$5.1B	1.4x	n/a
Envista Holdings	$5.1B	1.9x	14.2x
Lepu Medical Technology	$5.0B	5.2x	17.5x
iRhythm Holdings	$4.8B	6.5x	77.1x
ICU Medical	$4.6B	2.1x	11.6x
Horiba	$4.6B	2.2x	10.9x
APT Medical	$4.5B	12.1x	29.7x
TransMedics	$4.5B	7.5x	30.9x
Jiangsu Yuyue Medical	$4.4B	3.6x	17.4x
Integer Holdings	$4.3B	2.3x	10.7x
QuidelOrtho	$4.2B	1.6x	7.1x
Asahi Intecc	$4.1B	5.1x	15.3x
Renishaw	$3.9B	3.9x	18.4x
Medacta Group	$3.9B	4.7x	16.9x
Sectra	$3.8B	10.0x	43.0x
GN Store Nord	$3.8B	1.4x	9.6x
Grand Pharmaceutical	$3.7B	2.4x	9.6x
Canon Marketing Japan	$3.7B	0.8x	7.9x
MGI Tech	$3.6B	8.2x	80.3x
Haemonetics	$3.5B	2.7x	8.5x
MicroPort Scientific	$3.5B	3.1x	17.4x
LivaNova	$3.5B	2.5x	11.2x
Ambu	$3.5B	3.5x	19.7x
AdaptHealth	$3.2B	1.0x	5.0x
Hamamatsu Photonics	$3.1B	2.3x	11.7x
Elekta	$2.9B	1.5x	8.2x
Carl Zeiss Meditec	$2.9B	1.1x	6.8x
Autobio Diagnostics	$2.9B	4.7x	11.9x
Double Medical Technology	$2.7B	7.1x	n/a
Enovis	$2.7B	1.2x	6.6x
Mehow Innovative	$2.6B	10.4x	37.1x
Integra Lifesciences	$2.6B	1.6x	8.4x
Embla Medical	$2.5B	2.7x	13.0x
Alphatec Holdings	$2.4B	3.2x	26.8x
Establishment Labs	$2.4B	11.2x	-149.5x
AddLife	$2.3B	2.0x	12.7x
PharmaResearch	$2.1B	5.7x	13.1x
Jafron Biomedical	$2.1B	6.8x	17.9x
Rigaku	$2.1B	3.6x	14.4x
Conmed	$2.1B	1.5x	7.6x
PHC Holdings	$2.1B	0.9x	6.6x
Tecan Group	$2.1B	1.8x	11.8x
UFP Technologies	$2.0B	3.4x	16.7x
Heron Neutron Medical	$2.0B	7152.5x	-183.6x
Beijing Balance Medical	$2.0B	n/a	n/a
Artivion	$1.9B	4.4x	21.7x
Qingdao Baheal Medical	$1.9B	1.7x	12.5x
LeMaitre Vascular	$1.9B	7.5x	25.4x
Jeol	$1.9B	1.6x	8.8x
Draegerwerk	$1.9B	0.4x	4.5x
Axogen	$1.7B	7.6x	60.7x
Nihon Kohden	$1.6B	1.1x	9.6x
Nolato	$1.6B	1.5x	9.0x
AtriCure	$1.6B	2.9x	27.9x
4DMedical	$1.5B	285.3x	-74.0x
Andon Health	$1.5B	n/a	n/a
SonoScape	$1.5B	4.7x	60.1x
Cofoe Medical	$1.5B	3.1x	15.1x
Vitrolife	$1.5B	3.7x	12.5x
Inspire Medical Systems	$1.4B	1.6x	8.1x
Sinocare	$1.4B	2.0x	16.2x
MicroPort	$1.4B	6.7x	14.0x
SKAN Group	$1.4B	3.3x	30.5x
Medartis	$1.4B	n/a	n/a
Tandem Diabetes Care	$1.4B	1.4x	-26.1x
Subgen AI	$1.4B	n/a	n/a
Oxford Nanopore Techs	$1.4B	4.7x	-11.1x
MicroPort EP	$1.4B	20.4x	121.2x
Weigao Group	$1.4B	6.1x	n/a
Pulse Biosciences	$1.4B	4060.3x	n/a
PROCEPT BioRobotics	$1.4B	4.2x	-39.0x
Nanobiotix	$1.3B	28.9x	-70.1x
Haier Biomedical	$1.3B	3.9x	15.8x
Curiox Biosystems	$1.3B	n/a	n/a
BoneSupport	$1.3B	9.8x	49.4x
Kuros Biosciences	$1.3B	8.2x	89.6x
SPIMACO - ADDWAEIH	$1.2B	2.5x	14.1x
iRadimed	$1.2B	14.7x	n/a
El.En. Group	$1.2B	1.7x	10.8x
Fukuda Denshi	$1.2B	1.3x	4.7x
Wandong Medical	$1.2B	4.4x	163.3x
Pacira BioSciences	$1.1B	1.5x	5.5x
Shinva	$1.1B	n/a	n/a
ChemoMetec	$1.1B	12.6x	22.9x
Haohai Biological	$1.1B	2.7x	11.8x
Nakanishi	$1.1B	2.0x	8.4x
Dynavox Group	$1.0B	3.7x	18.7x
Anbio Biotechnology	$1.0B	n/a	n/a
NovoCure	$995M	1.5x	-53.6x
Pacific Biosciences	$900M	5.7x	-6.4x
Medmix	$897M	1.5x	7.8x
Mani Inc.	$878M	4.4x	12.5x
Varex Imaging	$837M	1.0x	7.0x
Bioventus	$834M	1.5x	7.3x
MedCap	$821M	3.5x	16.8x
Barco	$803M	0.7x	5.3x
SS Innovations	$786M	n/a	n/a
Kaken Pharmaceutical	$756M	1.4x	11.8x
Avanos Medical	$755M	1.1x	9.8x
Advanced Medical Solutions Group	$729M	2.3x	10.6x
Synektik	$677M	2.9x	11.6x
Orthofix Medical	$676M	0.8x	8.0x
Nanosonics	$665M	4.5x	35.4x
MedicalSystem Technology	$662M	13.4x	53.3x
Lumibird	$659M	2.4x	12.2x
Sunmax Biotechnology	$652M	n/a	n/a
Medios	$648M	0.3x	6.1x
Staar Surgical	$646M	2.5x	475.5x
Butterfly Network	$645M	6.8x	-19.1x
Mesa Laboratories	$643M	2.6x	11.2x
SD Biosensor	$639M	n/a	n/a
MiMedx Group	$637M	1.6x	6.3x
Xvivo Perfusion	$635M	7.1x	38.3x
CeriBell	$592M	6.7x	-10.9x
Pyridam Farma	$588M	n/a	n/a
Japan Lifeline	$588M	1.6x	6.2x
IBA Group	$573M	0.8x	11.5x
Revenio Group	$564M	4.3x	14.3x
Guerbet	$564M	0.6x	5.3x
Tactile Medical	$562M	1.8x	14.6x
SI-BONE	$557M	2.8x	90.3x
Alpha Tau Medical	$556M	n/a	-14.1x
Anteris Technologies US	$543M	301.9x	-6.8x
Anteris Technologies Glb	$543M	278.7x	-6.3x
Synmosa Biopharma	$539M	n/a	n/a
NeuroPace	$527M	5.4x	-47.0x
Zepp Health	$482M	1.9x	-24.6x
OrthoPediatrics	$469M	2.0x	29.3x
Polynovo	$456M	4.5x	40.9x
Knight Therapeutics	$454M	1.4x	9.9x
Coltene	$452M	1.5x	11.4x
Cerus	$452M	2.0x	45.3x
Imricor Medical Systems	$443M	377.5x	-20.6x
Ever Supreme Bio Technology	$417M	12.9x	n/a
AngioDynamics	$413M	1.4x	56.5x
BrainsWay	$411M	n/a	n/a
ClearPoint Neuro	$401M	11.0x	-31.3x
Nextbiomedical	$398M	32.6x	1224.0x
Sofwave Medical	$397M	n/a	n/a
Beta Bionics	$394M	4.1x	-6.9x
CellaVision	$392M	4.6x	14.5x
Stratec	$386M	1.3x	8.1x
Medistim	$384M	5.3x	17.0x
NN	$382M	0.9x	7.3x
Perspective Therapeutics	$365M	341.6x	-3.6x
InMode	$359M	1.0x	3.8x
Asterasys	$358M	12.7x	33.9x
NIOX Group	$348M	5.4x	16.6x
Universal Vision	$340M	2.6x	5.9x
IVF hartmann	$332M	n/a	n/a
VieMed	$329M	1.2x	5.4x
JETEMA Co.	$324M	6.3x	24.0x
Owlet	$314M	3.0x	201.9x
Cytek Biosciences	$305M	1.6x	363.3x
Eurobio Scientific	$276M	1.4x	8.4x
Median Technologies	$273M	9.8x	-14.6x
Quipt Home Medical	$264M	1.0x	4.5x
Standard BioTools	$263M	3.3x	-4.5x
TaiDoc	$256M	n/a	n/a
TriSalus Life Sciences	$255M	5.7x	-14.0x
Onward Medical	$245M	34.9x	-5.0x
EBR Systems	$236M	197.7x	-4.9x
Delcath Systems	$235M	2.8x	10.0x
Sight Sciences	$232M	3.0x	-8.4x
Agfa-Gevaert	$224M	0.2x	4.1x
Sisram Medical	$222M	n/a	n/a
SANUWAVE Health	$220M	5.0x	16.5x
Profound Medical	$218M	12.3x	-5.5x
Ascom	$217M	n/a	n/a
Sanara MedTech	$215M	2.1x	n/a
CapsoVision	$212M	15.2x	-8.1x
Lucid Diagnostics	$210M	45.6x	-4.1x
Accuray	$195M	0.4x	7.7x
Nyxoah	$191M	20.5x	-2.1x
SmartVest	$187M	2.7x	12.3x
Vuno	$185M	n/a	n/a
Deltex Medical Group	$183M	n/a	n/a
InfuSystem	$177M	1.2x	5.9x
Panion & Bf Biotech	$176M	2.7x	n/a
Edap TMS	$175M	2.5x	-8.2x
Quanterix	$174M	1.3x	-2.2x
Apyx Medical	$167M	3.3x	-32.0x
Detection Technology	$164M	1.4x	11.6x
Aroa Biosurgery	$162M	2.8x	41.8x
Neuronetics	$160M	1.1x	-7.6x
AVITA Medical	$160M	2.2x	-4.0x
Orthocell	$157M	18.9x	-26.3x
Rapid Micro Biosystems	$156M	4.7x	-3.7x
Ilex Medical	$153M	n/a	n/a
SDI Group	$153M	1.6x	8.3x
CROSSJECT	$145M	7.6x	-60.3x
BICO Group	$144M	0.8x	145.2x
Orchestra BioMed	$137M	40.0x	-1.8x
PhotoCure	$135M	2.3x	19.3x
EKF Diagnostics	$134M	1.9x	8.3x
908 Devices	$134M	2.4x	-7.2x
Treace Medical Concepts	$131M	0.6x	-19.6x
Pro-Dex	$131M	2.0x	n/a
Trinity Biotech	$125M	n/a	n/a
LENSAR	$125M	2.0x	n/a
Svas Biosana	$125M	0.7x	5.6x
Onyx Healthcare	$120M	n/a	n/a
Utah Medical	$119M	n/a	n/a
RxSight	$115M	0.9x	-2.9x
Paxman	$115M	3.2x	32.1x
Laxmi Dental	$113M	3.6x	19.9x
Nano X Imaging	$112M	8.4x	n/a
Emvision	$111M	28.1x	-18.5x
Xtant Medical	$104M	0.8x	7.3x
Sedana Medical	$104M	4.6x	-80.4x
Fonar	$103M	n/a	n/a
Nexstim	$103M	n/a	n/a
SomnoMed	$103M	1.2x	14.3x
CVRx	$99.5M	1.8x	-2.3x
Trajan Gr Hldgs	$97.9M	0.8x	8.8x
Medicalgorithmics	$94.3M	10.9x	-55.4x
Sequana Medical	$89.8M	107.8x	-3.8x
Klea	$87.8M	n/a	n/a
Hyperfine	$87.0M	6.5x	-2.5x
Medinice	$87.0M	n/a	n/a
Darya-Varia Laboratoria	$85.7M	n/a	n/a
Biosynex	$84.8M	n/a	n/a
C-Rad	$84.3M	1.6x	10.4x
Zomedica	$81.5M	n/a	n/a
Surgical Science	$81.5M	0.7x	4.9x
Austco Healthcare	$80.1M	1.2x	7.1x
Senzime	$77.7M	6.5x	-8.6x
Susmed	$76.6M	25.9x	n/a
Bactiguard	$75.0M	3.0x	27.7x
AOTI	$73.8M	n/a	n/a
Meditera	$73.6M	n/a	n/a
Elutia	$73.5M	3.9x	-8.3x
Optomed	$73.0M	3.6x	-26.0x
Daxor	$72.5M	n/a	n/a
Creo Medical Group	$72.2M	8.7x	-3.6x
Mauna Kea Technologies	$71.4M	7.9x	-12.0x
Carmat	$70.8M	n/a	n/a
Baird Medical Investment	$66.7M	n/a	n/a
Optiscan Imaging	$64.4M	n/a	n/a
Cyclopharm	$63.1M	n/a	n/a
FluoGuide	$62.9M	n/a	-9.0x
Harvard Bioscience	$62.6M	0.7x	7.9x
Sera Prognostics	$61.4M	573.5x	-1.7x
CytoSorbents	$59.8M	1.6x	n/a
Anatolia Geneworks	$59.8M	n/a	n/a
Diagnostic Medical	$57.8M	0.9x	11.7x
TempraMed Technologies	$55.6M	n/a	n/a
Envoy Medical	$55.6M	277.9x	n/a
HeartBeam	$54.7M	n/a	-2.6x
OssDsign	$54.4M	2.6x	-17.2x
Wellgistics Health	$50.5M	n/a	n/a
Modulight	$49.8M	5.6x	-49.4x
Inogen	$49.6M	0.1x	26.1x
BATM Advanced Communications	$49.5M	0.4x	5.4x
Biohit	$48.3M	2.6x	14.1x
TELA Bio	$46.4M	0.6x	-1.5x
Nortech Systems	$46.3M	n/a	n/a
Ortoma	$46.2M	n/a	n/a
Implanet	$45.9M	n/a	n/a
Spectral AI	$45.2M	2.4x	n/a
Theraclion	$44.7M	n/a	n/a
SMAIO	$44.0M	3.7x	-52.8x
Sensus Healthcare	$43.4M	1.4x	-5.1x
electroCore	$41.3M	1.3x	-3.1x
Allurion	$41.0M	2.8x	-1.7x
Pulmonx	$40.9M	0.5x	-1.0x
Boule Diagnostics	$39.9M	0.7x	8.4x
Mentice	$38.2M	1.3x	-682.3x
Vivos	$36.0M	n/a	n/a
Acarix	$35.7M	46.9x	-7.4x
Painchek	$31.4M	n/a	n/a
Myomo	$31.3M	0.8x	-2.5x
Modular Medical	$30.3M	n/a	n/a
SciBase Holding	$29.5M	6.6x	-3.4x
Icecure Medical	$29.4M	8.0x	n/a
Renalytix	$29.3M	9.4x	n/a
Iridex	$28.9M	n/a	n/a
Baumer	$28.7M	n/a	n/a
NeuroOne Medical	$27.9M	2.3x	n/a
Cambridge Cognition	$26.6M	2.0x	-60.3x
Scandinavian Medical	$26.1M	0.7x	16.4x
aap Implantate	$26.0M	n/a	n/a
Finemedix	$25.5M	n/a	n/a
Medclair	$25.2M	n/a	n/a
AnteoTech	$25.0M	26.1x	-10.4x
Q-linea	$23.0M	9.8x	-1.4x
Integrum	$22.6M	1.7x	-22.0x
Inspira Technologies	$22.3M	12.5x	-2.1x
IMD International Medical	$22.0M	n/a	n/a
Clinical Laserthermia	$21.9M	7.0x	-11.2x
Promimic	$21.1M	n/a	n/a
Profusa	$20.2M	n/a	n/a
BrainCool	$20.2M	3.9x	-6.2x
Observe Medical	$20.0M	n/a	n/a
Genomtec	$19.8M	n/a	n/a
Impedimed	$19.1M	1.7x	-1.7x
ViroGates	$17.5M	n/a	n/a
Advanced Medical	$16.8M	n/a	n/a
Spineguard	$16.7M	3.6x	-12.8x
Bluelinea	$16.4M	n/a	n/a
Polyrizon	$15.7M	n/a	n/a
InspireMD	$14.1M	1.7x	-0.3x
NanoRepro	$13.7M	0.8x	-5.2x
Epigenomics	$13.5M	n/a	n/a
Biofrontera	$13.5M	n/a	n/a
Sds Optic	$13.0M	n/a	n/a
Vicarious Surgical	$12.4M	n/a	-0.3x
Lifecare	$12.3M	n/a	n/a
BioRegenx	$12.2M	n/a	n/a
Jana Medical Company	$12.2M	n/a	n/a
Scandinavian Real Heart	$10.8M	n/a	n/a
Arcoma	$9.8M	0.7x	5.5x
Adiuvo Investments	$9.8M	n/a	n/a
Geratherm Medical	$9.4M	n/a	n/a
BibbInstruments	$9.0M	n/a	n/a
Nestmedic	$8.4M	n/a	n/a
Lifeward	$7.9M	0.3x	n/a
BBS-Bioactive Bone	$7.4M	n/a	n/a
AMA Corp	$7.0M	n/a	n/a
Inventionmed	$6.8M	n/a	n/a
Redsense Medical	$6.8M	n/a	n/a
Bionano Genomics	$6.8M	0.2x	n/a
Labo Euromed	$6.7M	0.2x	3.3x
Episurf Medical	$6.6M	4.3x	-1.2x
Massmedica	$6.6M	n/a	n/a
Bio-Gate	$6.1M	0.7x	-5.5x
CM International	$5.8M	n/a	n/a
Predict	$5.5M	0.6x	4.6x
ScandiDos	$5.3M	n/a	n/a
Luxbright	$5.1M	n/a	n/a
Spineway	$4.8M	n/a	n/a
Qlife Holding	$4.5M	n/a	n/a
Iconovo	$4.5M	4.2x	-1.8x
Neola Medical	$4.4M	n/a	-3.8x
Zenicor Medical Systems	$4.2M	n/a	n/a
WORK Medical Tech Gr	$4.2M	n/a	n/a
Invent Medic Sweden	$3.5M	n/a	n/a
Milton Essex	$3.2M	n/a	n/a
SensoDetect	$2.9M	n/a	n/a
PolarCool	$2.7M	n/a	n/a
Perpetua Medical	$2.7M	n/a	n/a
Grupa Modne Zakupy	$2.2M	n/a	n/a
Monivent	$2.1M	n/a	n/a
PExA	$2.1M	n/a	n/a
VibroSense Dynamics	$2.0M	n/a	n/a
SpectraCure	$2.0M	n/a	n/a
EvokAI Creative Labs	$1.5M	n/a	n/a
Altamira Therapeutics	$1.3M	n/a	n/a
Bioretec	$0.5M	0.1x	-0.0x
Inhalation Sciences SWE	$0.5M	n/a	n/a
Chordate Medical Holding	-$0.3M	n/a	n/a
Nuwellis	-$0.9M	-0.1x	n/a
Lucyd	-$2.0M	-0.7x	0.3x
OraSure	-$5.7M	-0.1x	0.1x
Quantum-Si	-$7.8M	-2.8x	0.1x
Outset Medical	-$8.2M	-0.1x	0.2x
enVVeno Medical	-$24.5M	n/a	n/a