“Unlock the Secrets of 2023’s Top 5 NASDAQ Medical Device Stocks!
In 2023, the Nasdaq medical device sector will bring new and improved technologies to the healthcare industry. Advances in medical technology have increased the efficiency and quality of care in many areas, making medical necessities accessible to populations who previously could not afford them. As medical technology advances, so does the potential for investors interested in Nasdaq medical device stocks. Here is our list of the top 5 Nasdaq medical device stocks to watch out for come 2023: 1. Dexcom (DXCM). Dexcom produces continuous glucose monito ring (CGM) systems, which are devices that measure glucose levels of diabetes patients. This stock is expected to grow at a rate of 15.6% annually, making it one of the most profitable medical device stocks. 2. Intuitive Surgical (ISRG). Better known as the maker of the da Vinci robotic surgical system, Intuitive Surgical provides robotic surgical technology to healthcare facilities around the world. At an expected growth rate of 12.5%, this stock is among the top performing Nasdaq medical device stocks. 3. AtriCure (ATRC). AtriCure produces ventricular tachycardia, a treatment for irregular heartbeat. This stock is projected to grow at a rate of 15.5%, and is expected to benefit from the increasing prevalence of cardiovascular disorders. 4. Edwards Life Sciences (EW). Edwards Life Sciences designs, manufactures and markets products for the treatment of structural heart diseases. This stock is expected to have an annual growth rate of 12.3%, making it one of the top Nasdaq medical device stocks. 5. Medtronic (MDT). Medtronic is a leading medical technology company that produces a wide range of products such as pacemakers, insulin pumps, spinal implants and many more. This stock is expected to have an annual growth rate of 10.2%, signaling potential investors to keep an eye on it. As the medical device sector continues to progress, so does the potential for investors. By keeping an eye on these top 5 Nasdaq medical device stocks, investors are sure to benefit in 2023.