Global Healthcare Undervalued Small Caps

CellaVision

Market Cap: SEK 3.0b

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

Embla Medical hf

Market Cap: DKK 11.7b

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

Equasens Société anonyme

Market Cap: €579.5m

Provides healthcare IT solutions in Europe.

Revenio Group Oyj

Market Cap: €350.1m

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£182.3m

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

NEUCA

Market Cap: zł3.2b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Cofoe Medical TechnologyLtd

Market Cap: CN¥10.3b

Cofoe Medical Technology Co., Ltd. engages in the research and development, production, sales, and service of home care medical devices in China.

Integrated Diagnostics Holdings

Market Cap: US$319.7m

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

FINDEX

Market Cap: JP¥20.4b

Offers medical devices in Japan.

Beijing Chunlizhengda Medical Instruments

Market Cap: HK$6.1b

Beijing Chunlizhengda Medical Instruments Co., Ltd.

Tactile Systems Technology

Market Cap: US$572.9m

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

Entero Healthcare Solutions

Market Cap: ₹48.5b

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

Yonghe Medical Group

Market Cap: HK$1.1b

Provides hair-related healthcare services in China.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥8.0b

Eyebright Medical Technology (Beijing) Co., Ltd.

GPT Healthcare

Market Cap: ₹12.3b

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

CLASSYS

Market Cap: ₩2.8t

Provides medical aesthetics devices worldwide.

Jeena Sikho Lifecare

Market Cap: ₹78.3b

Trades in ayurvedic medicines in India.

Medi Assist Healthcare Services

Market Cap: ₹26.7b

Provides third party administration services in India and internationally.

SWS Hemodialysis Care

Market Cap: CN¥4.7b

Provides integrated blood purification solutions for renal failure and critically ill patients internationally.

Delcath Systems

Market Cap: US$368.3m

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

Software Service

Market Cap: JP¥60.5b

Engages in providing electric medical record, hospital total ordering, and other systems.

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.6b

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$243.2m

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

Synektik Spólka Akcyjna

Market Cap: zł2.4b

Provides products, services, and IT solutions for surgery, diagnostic imaging, and nuclear medicine applications in Poland.

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.

Interojo

Market Cap: ₩202.7b

Manufactures and sells contact lenses in South Korea and internationally.

Cogstate

Market Cap: AU$428.3m

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

Elan

Market Cap: JP¥42.0b

Engages in the nursing care business primarily in Japan.

Medios

Market Cap: €303.9m

Supplies specialty pharmaceutical drugs primarily in Germany.

Viemed Healthcare

Market Cap: US$382.2m

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

InfuSystem Holdings

Market Cap: US$186.5m

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

Craneware

Market Cap: UK£511.5m

Develops, licenses, and supports computer software for the healthcare industry in the United States.

SonoScape Medical

Market Cap: CN¥8.6b

Engages in the research, development, production, and sale of medical diagnosis and treatment equipment in China and internationally.