Global Healthcare Undervalued Small Caps

Fagron

Market Cap: €1.6b

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

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.

Embla Medical hf

Market Cap: DKK 12.8b

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

Integrated Diagnostics Holdings

Market Cap: US$313.9m

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

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$5.7b

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

Yonghe Medical Group

Market Cap: HK$1.2b

Provides hair-related healthcare services in China.

MLP Saglik Hizmetleri

Market Cap: ₺85.0b

Provides healthcare services in Turkey and internationally.

Burjeel Holdings

Market Cap: د.إ6.5b

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: ₹12.4b

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

Interojo

Market Cap: ₩161.9b

Manufactures and sells contact lenses in South Korea and internationally.

Viemed Healthcare

Market Cap: US$337.1m

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

Specialized Medical

Market Cap: ر.س4.0b

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

Acotec Scientific Holdings

Market Cap: HK$2.0b

Operates as an interventional medical device company that offers vascular interventional treatment products in Mainland China and internationally.

OptimizeRx

Market Cap: US$145.2m

Operates as a digital healthcare technology company.

Revenio Group Oyj

Market Cap: €391.6m

Provides ophthalmological devices and software solutions for the diagnosis of glaucoma, macular degeneration, and diabetic retinopathy in Finland, the United States, 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£887.0m

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

Chison Medical Technologies

Market Cap: CN¥3.3b

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

CareCloud

Market Cap: US$106.7m

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.

NEUCA

Market Cap: zł3.5b

Engages in the wholesale distribution of pharmaceuticals in Poland.

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$7.0b

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

Entero Healthcare Solutions

Market Cap: ₹62.0b

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

Hydreight Technologies

Market Cap: CA$214.1m

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

Tactile Systems Technology

Market Cap: US$539.6m

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

Elan

Market Cap: JP¥46.1b

Engages in the nursing care business primarily in Japan.

Surgical Science Sweden

Market Cap: SEK 2.5b

Develops and markets virtual reality simulators and customized training solutions for evidence-based medical training in Europe, North and South America, Asia, and internationally.

CLASSYS

Market Cap: ₩2.1t

Provides medical aesthetics devices worldwide.

AK Medical Holdings

Market Cap: HK$6.4b

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.

RaySearch Laboratories

Market Cap: SEK 6.2b

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

Life Healthcare Group Holdings

Market Cap: R16.5b

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

Medi Assist Healthcare Services

Market Cap: ₹26.9b

Provides third party administration services in India and internationally.

InfuSystem Holdings

Market Cap: US$243.2m

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

Shenzhen Lifotronic Technology

Market Cap: CN¥4.8b

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¥4.9b

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