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.

Middle East Healthcare

Market Cap: ر.س2.8b

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

Embla Medical hf

Market Cap: DKK 12.0b

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

Revenio Group Oyj

Market Cap: €320.9m

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

OptimizeRx

Market Cap: US$116.5m

Operates as a digital healthcare technology company.

C-Rad

Market Cap: SEK 1.3b

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.

CellaVision

Market Cap: SEK 3.3b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Integrated Diagnostics Holdings

Market Cap: US$308.1m

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

FINDEX

Market Cap: JP¥20.6b

Offers medical devices in Japan.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$5.2b

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

Tactile Systems Technology

Market Cap: US$618.9m

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

Attendo

Market Cap: SEK 15.6b

Provides health and care services in Scandinavia and Finland.

Yonghe Medical Group

Market Cap: HK$1.1b

Provides hair-related healthcare services in China.

Entero Healthcare Solutions

Market Cap: ₹53.5b

Engages in the distribution and marketing of pharmaceutical, surgical products and other allied services in India.

AK Medical Holdings

Market Cap: HK$5.9b

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.

Burjeel Holdings

Market Cap: د.إ6.2b

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

GPT Healthcare

Market Cap: ₹13.1b

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

Jeena Sikho Lifecare

Market Cap: ₹69.0b

Trades in ayurvedic medicines in India.

InfuSystem Holdings

Market Cap: US$179.4m

Through its subsidiaries, provides infusion pumps and related products and services in the United States and Canada.

Medi Assist Healthcare Services

Market Cap: ₹25.4b

Provides third party administration services in India and internationally.

SWS Hemodialysis Care

Market Cap: CN¥4.2b

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

Specialized Medical

Market Cap: ر.س3.9b

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

Delcath Systems

Market Cap: US$429.1m

An interventional oncology company, focuses on the treatment of primary and metastatic liver cancers in the United States and Europe.

CVS Group

Market Cap: UK£822.2m

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

DIO

Market Cap: ₩164.5b

Manufactures and sells dental implants in South Korea and internationally.

Chison Medical Technologies

Market Cap: CN¥2.9b

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

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.4b

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

Hydreight Technologies

Market Cap: CA$235.1m

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

Eyebright Medical Technology (Beijing)

Market Cap: CN¥7.5b

Eyebright Medical Technology (Beijing) Co., Ltd.

Cogstate

Market Cap: AU$429.8m

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

Elan

Market Cap: JP¥46.7b

Engages in the nursing care business primarily in Japan.

Medios

Market Cap: €305.8m

Supplies specialty pharmaceutical drugs primarily in Germany.

RaySearch Laboratories

Market Cap: SEK 5.8b

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

Life Healthcare Group Holdings

Market Cap: R15.4b

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

WON TECHLtd

Market Cap: ₩447.5b

Engages in the production and sale of laser and energy-based equipment in South Korea and internationally.