Global Healthcare Undervalued Small Caps

Embla Medical hf

Market Cap: DKK 11.3b

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

InfuSystem Holdings

Market Cap: US$186.5m

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

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.س2.9b

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

OptimizeRx

Market Cap: US$124.8m

Operates as a digital healthcare technology company.

CellaVision

Market Cap: SEK 3.5b

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

Revenio Group Oyj

Market Cap: €334.2m

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

FINDEX

Market Cap: JP¥21.0b

Offers medical devices in Japan.

Integrated Diagnostics Holdings

Market Cap: US$296.5m

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$1.0b

Provides hair-related healthcare services in China.

Entero Healthcare Solutions

Market Cap: ₹51.1b

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

Tactile Systems Technology

Market Cap: US$663.4m

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

Burjeel Holdings

Market Cap: د.إ5.6b

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: ₹12.5b

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

Jeena Sikho Lifecare

Market Cap: ₹70.3b

Trades in ayurvedic medicines in India.

Specialized Medical

Market Cap: ر.س4.0b

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

SWS Hemodialysis Care

Market Cap: CN¥4.6b

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

Chison Medical Technologies

Market Cap: CN¥3.2b

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

DIO

Market Cap: ₩166.2b

Manufactures and sells dental implants in South Korea and internationally.

Zylox-Tonbridge Medical Technology

Market Cap: HK$6.5b

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$254.9m

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

Elan

Market Cap: JP¥47.5b

Engages in the nursing care business primarily in Japan.

Cogstate

Market Cap: AU$463.8m

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

AK Medical Holdings

Market Cap: HK$6.5b

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.

Medios

Market Cap: €303.9m

Supplies specialty pharmaceutical drugs primarily in Germany.

Life Healthcare Group Holdings

Market Cap: R15.3b

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

RaySearch Laboratories

Market Cap: SEK 6.0b

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

Medi Assist Healthcare Services

Market Cap: ₹26.6b

Provides third party administration services in India and internationally.