U.S. Healthcare Strong Balance Sheet Stocks

CorVel

Market Cap: US$5.9b

Provides workers’ compensation, auto, liability, and health solutions.

Penumbra

Market Cap: US$10.5b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

STAAR Surgical

Market Cap: US$827.9m

Designs, develops, manufactures, and sells implantable lenses for the eye and accessory delivery systems to deliver the lenses into the eye.

Edwards Lifesciences

Market Cap: US$40.8b

Provides products and technologies to treat advanced cardiovascular diseases in the United States, Europe, Japan, and internationally.

Inspire Medical Systems

Market Cap: US$4.4b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

IDEXX Laboratories

Market Cap: US$30.9b

Develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally.

Vivos Therapeutics

Market Cap: US$13.7m

A medical technology company, develops and commercializes treatment modalities for patients with dentofacial abnormalities, obstructive sleep apnea (OSA), and snoring in adults.

Sight Sciences

Market Cap: US$122.2m

An ophthalmic medical device company, focuses on the development and commercialization of surgical and nonsurgical technologies for the treatment of eye prevalent diseases.

SI-BONE

Market Cap: US$567.6m

A medical device company, focuses on solving musculoskeletal disorders of the sacropelvic anatomy in the United States and internationally.

Schrödinger

Market Cap: US$1.4b

Develops physics-based computational platform that enables discovery of novel molecules for drug development and materials applications.

IceCure Medical

Market Cap: US$63.6m

A commercial stage medical device company, engages in the research, development, and marketing of cryoablation systems, disposables, and technologies for treating tumors.

Joint

Market Cap: US$159.4m

Operates and franchises chiropractic clinics in the United States.

Treace Medical Concepts

Market Cap: US$421.6m

A medical technology company, designs, manufactures, and markets medical devices in the United States.

CareCloud

Market Cap: US$50.4m

A healthcare information technology (IT) company, provides technology-enabled business solutions, Software-as-a-Service offerings, and related business services to healthcare providers and hospitals primarily in the United States.

HealthStream

Market Cap: US$981.1m

Provides Software-as-a-Service (SaaS) based applications for healthcare organizations in the United States.

Avanos Medical

Market Cap: US$573.7m

A medical technology company, provides medical device solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Hims & Hers Health

Market Cap: US$6.0b

Operates a telehealth platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, and internationally.

Chemed

Market Cap: US$8.7b

Provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States.

CVRx

Market Cap: US$162.2m

A commercial-stage medical device company, engages in developing, manufacturing, and commercializing neuromodulation solutions for patients with cardiovascular diseases in the United States, Germany, and internationally.

IRADIMED

Market Cap: US$664.9m

Develops, manufactures, markets, and distributes magnetic resonance imaging (MRI) compatible medical devices and related accessories, and disposables and services in the United States and internationally.

Odysight.ai

Market Cap: US$92.5m

Develops, produces, and markets visual sensing and AI-based video analytics solutions in Israel, the United States, the United Kingdom, and internationally.

Longduoduo

Market Cap: US$149.8m

Together its subsidiaries, provides preventive healthcare solutions in the People’s Republic of China.

Butterfly Network

Market Cap: US$597.6m

Develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally.

HeartBeam

Market Cap: US$56.7m

Operates as a medical technology company that focuses on developing and commercializing ambulatory electrocardiogram solutions that enable the detection and monitoring of cardiac disease inside and outside a healthcare facility setting.

OraSure Technologies

Market Cap: US$227.0m

Develops, manufactures, markets, sells, and distributes diagnostic products, specimen collection devices, and other diagnostic products in the United States, Europe, Africa, and internationally.

NanoVibronix

Market Cap: US$5.1m

Through its subsidiary, NanoVibronix Ltd., focuses on the manufacture and sale of noninvasive biological response-activating devices that target biofilm prevention, wound healing, and pain therapy.

Beta Bionics

Market Cap: US$472.9m

A commercial-stage medical device company, engages in the design, development, and commercialization of solutions to enhance the health and quality of life of insulin-requiring people with diabetes.

SOPHiA GENETICS

Market Cap: US$186.5m

Operates as a cloud-native software technology company in the healthcare space.

Utah Medical Products

Market Cap: US$173.6m

Develops, manufactures, and distributes medical devices for the healthcare industry worldwide.

Simulations Plus

Market Cap: US$656.6m

Develops drug discovery and development software for modeling and simulation, and prediction of molecular properties utilizing artificial intelligence and machine learning based technology worldwide.

Castle Biosciences

Market Cap: US$561.7m

A molecular diagnostics company, provides test solutions for the diagnosis and treatment of dermatologic cancers, Barrett’s esophagus (BE), uveal melanoma, and mental health conditions.

Stereotaxis

Market Cap: US$142.7m

Designs, manufactures, and markets robotic systems, instruments, and information systems for the interventional laboratory in the United States and internationally.

Senseonics Holdings

Market Cap: US$390.3m

A commercial-stage medical technology company, focuses on development and manufacturing of continuous glucose monitoring (CGM) systems for people with diabetes in the United States and internationally.

Modular Medical

Market Cap: US$36.0m

Operates as a medical device company.

Vaso

Market Cap: US$23.7m

Operates in the healthcare equipment and information technology industries in the United States and internationally.

Veeva Systems

Market Cap: US$34.3b

Provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America.