Global Healthcare Undervalued Small Caps

Tristel

Market Cap: UK£188.7m

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

Embla Medical hf

Market Cap: DKK 11.5b

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

Hydreight Technologies

Market Cap: CA$162.6m

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

Burjeel Holdings

Market Cap: د.إ6.0b

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

MLP Saglik Hizmetleri

Market Cap: ₺79.2b

Provides healthcare services in Turkey and internationally.

AK Medical Holdings

Market Cap: HK$5.3b

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.

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.

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.

Integrated Diagnostics Holdings

Market Cap: US$308.1m

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

Tactile Systems Technology

Market Cap: US$509.9m

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

Ion Beam Applications

Market Cap: €443.9m

Designs, produces, and markets solutions for cancer diagnosis and treatments, serious illnesses, and industrial applications in Belgium, the United States, China, Germany, and India.

Yonghe Medical Group

Market Cap: HK$945.2m

Provides hair-related healthcare services in China.

LEPU ScienTech Medical Technology (Shanghai)

Market Cap: HK$3.7b

An investment holding company, engages in the manufacture and sale of interventional treatment series occluders and heart valve medical devices.

GPT Healthcare

Market Cap: ₹13.4b

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

Interojo

Market Cap: ₩160.8b

Manufactures and sells contact lenses in South Korea and internationally.

Chaoju Eye Care Holdings

Market Cap: HK$1.7b

Owns and operates a network of ophthalmic hospitals and centers in the People’s Republic of China.

RaySearch Laboratories

Market Cap: SEK 5.8b

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

Viemed Healthcare

Market Cap: US$333.3m

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

Medi Assist Healthcare Services

Market Cap: ₹23.3b

Provides third-party administration services for health insurance claims in India and internationally.

CVS Group

Market Cap: UK£883.6m

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

OptimizeRx

Market Cap: US$142.4m

Operates as a digital healthcare technology company.

Cofoe Medical TechnologyLtd

Market Cap: CN¥11.4b

Engages in the research and development, production, sales, and service of home care medical devices in China.

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.

Gushengtang Holdings

Market Cap: HK$5.8b

An investment holding company, provides healthcare services in the People’s Republic of China and Singapore.

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.9b

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

Kanamic NetworkLTD

Market Cap: JP¥23.3b

Operates as an application and communication service provider in the elderly care and medical care fields in Japan.

Elan

Market Cap: JP¥43.9b

Engages in the nursing care business primarily in Japan.

Fagron

Market Cap: €1.6b

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

CLASSYS

Market Cap: ₩2.1t

Provides medical aesthetics devices worldwide.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥7.3b

Eyebright Medical Technology (Beijing) Co., Ltd.

Saint Bella Group

Market Cap: HK$1.8b

Engages in the operation of postpartum care centers, home care services, and food products business in China, Hong Kong, Singapore, the United States, and internationally.

Carasent

Market Cap: SEK 1.8b

Provides cloud based electronic health record (EHR) systems solutions and platform services for healthcare sector in Nordics and Germany.

Omada Health

Market Cap: US$1.2b

Together with its subsidiary, Physera, Inc., provides a range of virtual care programs in the United States.

Shenzhen Lifotronic Technology

Market Cap: CN¥4.5b

Researches, develops, manufactures, and markets medical devices for diagnostics, therapy, clinical medicine, skin, and human health related purposes in China.

SWS Hemodialysis Care

Market Cap: CN¥4.2b

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

Medlive Technology

Market Cap: HK$5.1b

Operates an online professional physician platform in Mainland China and internationally.