Medical Instruments & Supplies IPOs

Performance analysis and trends for 14 IPOs in the medical instruments & supplies sector.

Total IPOs

14

Avg Return

-7.0%

Success Rate

21.4%

3 of 14 positive

Total Market Cap

$49.5B

Recent IPOs (2024+)

CompanyDateIPO PriceCurrentReturnMarket Cap
MDLN
Medline Inc.
12/17/2025$29.00$44.24+52.5%$37.4B
RGNT
Regentis Biomaterials Ltd.
12/4/2025$8.00$3.00-62.5%$15.5M
CUPR
Cuprina Holdings (Cayman) Limited
4/10/2025$4.00$0.28-92.9%$2.1M
KMTS
Kestra Medical Technologies, Ltd.
3/6/2025$17.00$21.66+27.4%$1.3B
NNNN
Anbio Biotechnology
2/19/2025$5.00$27.81+456.2%$1.2B
AVR
Anteris Technologies Global Corp.
12/13/2024$6.00$5.68-5.3%$552.3M

Best Performers

CompanyReturnIPO Date
NNNN
Anbio Biotechnology
+456.2%2/19/2025
MDLN
Medline Inc.
+52.5%12/17/2025
KMTS
Kestra Medical Technologies, Ltd.
+27.4%3/6/2025
AVR
Anteris Technologies Global Corp.
-5.3%12/13/2024
BLCO
Bausch + Lomb Corporation
-12.7%5/6/2022

Worst Performers

CompanyReturnIPO Date
CUPR
Cuprina Holdings (Cayman) Limited
-92.9%4/10/2025
NYXH
Nyxoah SA
-90.0%7/2/2021
NXGL
NEXGEL, Inc.
-89.0%12/22/2021
LUCY
Lucyd, Inc
-86.3%8/15/2022
ZJYL
Jin Medical International Ltd.
-71.3%3/28/2023

Activity by Year

2025
5 IPOs
+76.2%
2024
1 IPOs
-5.3%
2023
1 IPOs
-71.3%
2022
3 IPOs
-52.3%
2021
4 IPOs
-61.4%

All Medical Instruments & Supplies IPOs

CompanyDateIPO PriceCurrentReturnExchange
MDLN
Medline Inc.
12/17/2025$29.00$44.24+52.5%NASDAQ
RGNT
Regentis Biomaterials Ltd.
12/4/2025$8.00$3.00-62.5%NYSE American
CUPR
Cuprina Holdings (Cayman) Limited
4/10/2025$4.00$0.28-92.9%NASDAQ
KMTS
Kestra Medical Technologies, Ltd.
3/6/2025$17.00$21.66+27.4%NASDAQ
NNNN
Anbio Biotechnology
2/19/2025$5.00$27.81+456.2%NASDAQ
AVR
Anteris Technologies Global Corp.
12/13/2024$6.00$5.68-5.3%NASDAQ
ZJYL
Jin Medical International Ltd.
3/28/2023$8.00$2.30-71.3%NASDAQ
LUCY
Lucyd, Inc
8/15/2022$7.50$1.03-86.3%NASDAQ
BLCO
Bausch + Lomb Corporation
5/6/2022$18.00$15.72-12.7%NYSE
STSS
Sharps Technology, Inc.
4/14/2022$4.25$1.79-57.9%NASDAQ
NXGL
NEXGEL, Inc.
12/22/2021$5.50$0.61-89.0%NASDAQ
WRBY
Warby Parker Inc.
9/29/2021$40.00$22.53-43.7%NYSE
STVN
Stevanato Group S.p.A.
7/16/2021$21.00$16.21-22.8%NYSE
NYXH
Nyxoah SA
7/2/2021$30.00$3.01-90.0%NASDAQ