cnbcs jim cramer on monday touted the burgeoning bull market of medical devices noting positive earnings reports from related companies across the board its undeniable that weve got an emerging bull market in medical devices weve heard the same incredibly positive story from company after company cramer said im just praying we get another debt ceilingrelated selloff that drags down the entire market and gives you a chance to buy the medical device plays at an undeserved discount over the past few years of pandemic turmoil tons of nonurgent surgeries were postponed as hospitals inundated with covid19 patients struggled to provide critical care but as the crisis subsided nonessential procedures returned prompting an uptick in the sale of medical devices cramer pointed to companies like inmode  known for developing minimallyinvasive radio frequency devices primarily used for cosmetic surgery whose earnings report earlier this month showed consumables and service revenue up 43 however inmode stock fell sharply in the wake of the report likely because the company did not update its fullyear forecast cramer said but cramer chalked up those results to overlycautious executives dubbing inmode stock a bargain another potential boon is johnson  johnson  which reported a betterthanexpected quarter in april due in part to the success of its medical devices division according to cramer when it comes to jj its all about talc right now as in the lawsuit about their talcs possible link to ovarian cancer cramer said that litigation risk is the real issue here not earnings cramer also highlighted intuitive surgical  which makes the robotic da vinci surgical system and reported a true beat and raise quarter although intuitive sold the same number of robotic surgery systems as the year prior the number of such procedures worldwide increased by 26 year over year cramer said since cramer spoke with intuitive ceo gary guthart back in march the companys stock is up 38 also on cramers radar is ge healthcare  which he said he purchased for the investing club portfolio last week this companys got a terrific diagnostic equipment division including tons of scanners that are essential for catching and monitoring alzheimers cramer said as the fda approves more alzheimers drugs well need more of these machines just to know if the new medications are working