Global Healthcare Undervalued Small Caps

Fagron

Market Cap: €1.7b

A pharmaceutical compounding company, delivers personalized pharmaceutical care to hospitals, pharmacies, clinics, patients, and worldwide.

Embla Medical hf

Market Cap: DKK 12.3b

Provides non-invasive orthopedic products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Revenio Group Oyj

Market Cap: €339.0m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, and internationally.

Middle East Healthcare

Market Cap: ر.س3.0b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Kingdom of Saudi Arabia and internationally.

C-Rad

Market Cap: SEK 1.2b

Develops, manufactures, and sells products and systems with applications in radiotherapy for the treatment of cancer in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

OptimizeRx

Market Cap: US$122.9m

Operates as a digital healthcare technology company.

CareCloud

Market Cap: US$112.6m

A healthcare information technology 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.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$5.8b

Engages in the research, development, production, and sale of surgical implants, instruments, and related products in the People’s Republic of China and internationally.

Integrated Diagnostics Holdings

Market Cap: US$348.8m

A consumer healthcare company, provides medical diagnostics services to patients.

FINDEX

Market Cap: JP¥20.2b

Offers medical devices in Japan.

Entero Healthcare Solutions

Market Cap: ₹53.6b

Engages in the trading of pharmaceutical and surgical products in India.

Attendo

Market Cap: SEK 15.6b

Provides health and care services in Scandinavia and Finland.

MLP Saglik Hizmetleri

Market Cap: ₺76.8b

Provides healthcare services in Turkey and internationally.

GPT Healthcare

Market Cap: ₹13.3b

Owns and operates a chain of multispecialty hospitals under the ILS Hospitals brand name in India.

Interojo

Market Cap: ₩156.5b

Manufactures and sells contact lenses in South Korea and internationally.

Burjeel Holdings

Market Cap: د.إ6.4b

Owns and operates multi-specialty hospitals and medical centers in the United Arab Emirates, the Sultanate of Oman, and the Kingdom of Saudi Arabia.

Jeena Sikho Lifecare

Market Cap: ₹71.4b

Trades in ayurvedic medicines in India.

Medios

Market Cap: €273.0m

Supplies specialty pharmaceutical drugs primarily in Germany.

Specialized Medical

Market Cap: ر.س3.9b

Owns and operates hospitals, clinics, and medical centers in the Kingdom of Saudi Arabia.

SWS Hemodialysis Care

Market Cap: CN¥4.9b

Research, develops, produces, and sells blood purification equipment and consumables in China and internationally.

Médica Sur. de

Market Cap: Mex$6.4b

Operates as a healthcare hospital in Mexico.

Chison Medical Technologies

Market Cap: CN¥3.3b

Develops, manufactures, and sells diagnostic ultrasound systems in China and internationally.

DIO

Market Cap: ₩160.8b

Manufactures and sells dental implants in South Korea and internationally.

Tristel

Market Cap: UK£203.9m

Develops, manufactures, and sells infection prevention products in the United Kingdom, Australia, Germany, Western Europe, and internationally.

CVS Group

Market Cap: UK£856.2m

Engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia.

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.0b

A medical device company, provides neuro- and peripheral-vascular interventional medical devices in the People’s Republic of China and internationally.

Tactile Systems Technology

Market Cap: US$671.7m

A medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States.

Hydreight Technologies

Market Cap: CA$214.1m

Operates in the digital health technology sector in the United States.

Elan

Market Cap: JP¥45.1b

Engages in the nursing care business primarily in Japan.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥8.0b

Eyebright Medical Technology (Beijing) Co., Ltd.

AK Medical Holdings

Market Cap: HK$6.2b

An investment holding company, designs, develops, produces, and markets orthopedic joint implants and related products in the People’s Republic of China, the United Kingdom, and internationally.

Cogstate

Market Cap: AU$424.7m

A neuroscience solutions company, engages in the creation, validation, and commercialization of digital brain health assessments worldwide.

RaySearch Laboratories

Market Cap: SEK 6.0b

A medical technology company, provides software solutions for cancer treatment worldwide.

Life Healthcare Group Holdings

Market Cap: R16.6b

An investment holding company, operates as a private healthcare company in Southern Africa.

Viemed Healthcare

Market Cap: US$445.3m

Through its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services in the United States.

Medi Assist Healthcare Services

Market Cap: ₹26.7b

Provides third party administration services in India and internationally.