10 Best Medical Device Stocks to Invest In Right Now

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6. Medtronic plc (NYSE:MDT)

Medtronic plc (NYSE:MDT) is one of the best medical device stocks to invest in right now. Medtronic plc (NYSE:MDT) announced on April 28 that it received the CE mark for the Stealth AXiS™ surgical system, indicated for spine and cranial procedures. Management stated that the system is a next-generation platform that amalgamates navigation, planning, and robotics into a single intelligent system and is scalable across multiple surgical specialties for the company.

In a separate development, Medtronic plc (NYSE:MDT) announced on April 25 continued momentum for the Affera™ family of technologies for cardiac arrhythmia treatment. This includes promising data presented at the Heart Rhythm Society (HRS) Annual Meeting as well as the start of a new trial evaluating a broader population of atrial fibrillation (AFib) patients.

The company further stated that with global commercial expansion and ongoing positive physician feedback, Medtronic plc (NYSE:MDT) is continually investing in clinical research to study the Affera mapping and ablation system for potential new indications. It added that results from the ongoing early feasibility study evaluating the Affera mapping and ablation system and the Sphere-9™ catheter for treatment of recurrent sustained monomorphic ventricular tachycardia after a heart attack showed that 65.5% of patients remained free from VT recurrence at six months.

Medtronic plc (NYSE:MDT) is a medical technology company that manufactures, distributes, and sells device-based medical services and therapies. It operates under four primary segments: Cardiovascular Portfolio, Neuroscience Portfolio, Medical Surgical Portfolio, and Diabetes Operating Unit.

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