Johnson & Johnson, a leading medical device maker, has expanded its business through acquisitions and recently spun off its consumer health unit, KenVue. The company is known for its consistent dividend growth, having increased payouts for 62 consecutive years.TransMedics Group, a small-cap company, is innovating organ transport with its Organ Care System, which enhances the viability of donor organs during transit. The company anticipates significant revenue growth in 2024.For investors interested in medical devices, several ETFs are available, including the iShares U.S. Medical Devices ETF and the SPDR S&P Health Care Equipment ETF, which provide diversified exposure to the sector.
