Global Healthcare Undervalued Small Caps

Shofu

Market Cap: JP¥65.7b

Manufactures and sells dental materials and equipment worldwide.

CellaVision

Market Cap: SEK 3.9b

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

Visco Vision

Market Cap: NT$12.2b

Manufactures and sells silicone hydrogel contact lenses in Asia, Europe, and the Americas.

Krsnaa Diagnostics

Market Cap: ₹23.5b

Provides diagnostic services in India.

Dentium

Market Cap: ₩502.8b

Manufactures and sells dental medical instrument worldwide.

Ion Beam Applications

Market Cap: €310.2m

Designs, produces, and markets solutions for cancer diagnosis and treatments in Belgium, the United States, and internationally.

M1 Kliniken

Market Cap: €265.3m

Provides aesthetic medicine and plastic surgery services in Germany, Austria, the Netherlands, Switzerland, the United Kingdom, Croatia, Hungary, Bulgaria, Romania, and Australia.

Software Service

Market Cap: JP¥74.7b

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

Rion

Market Cap: JP¥31.3b

Develops, manufactures, sells, and services particle counters, medical equipment, and environmental equipment in Japan.

Delcath Systems

Market Cap: US$305.1m

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

Equasens Société anonyme

Market Cap: €605.0m

Provides healthcare IT solutions in Europe.

Stratec

Market Cap: €238.7m

Provides automation solutions for in-vitro diagnostics and life science companies in Germany, the European Union, and internationally.

Integrated Diagnostics Holdings

Market Cap: US$325.5m

Operates as a consumer healthcare company that provides medical diagnostics services to patients.

Aidite (Qinhuangdao) Technology

Market Cap: CN¥4.8b

Aidite (Qinhuangdao) Technology Co., Ltd.

AdaptHealth

Market Cap: US$1.3b

Distributes home medical equipment (HME), medical supplies, and home and related services in the United States.

Sinocare

Market Cap: CN¥10.2b

Engages in the development, manufacture, and marketing of rapid diagnosis testing products primarily in the People’s Republic of China.

Chaoju Eye Care Holdings

Market Cap: HK$1.7b

Owns and operates a network of ophthalmic hospitals and optical centers in China.

GPT Healthcare

Market Cap: ₹12.1b

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

Meta Biomed

Market Cap: ₩164.9b

Engages in the research, development, and production of dental and surgical materials in South Korea, Asia, Europe, the United States, and Africa.

WON TECHLtd

Market Cap: ₩728.7b

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

Universal Vision Biotechnology

Market Cap: NT$11.5b

Operates a chain of eye care clinics in Taiwan and China.

Medios

Market Cap: €312.2m

Supplies specialty pharmaceutical drugs primarily in Germany.

Modern Dental Group

Market Cap: HK$5.0b

An investment holding company, engages in production, distribution, and trading of dental prosthetic devices in Europe, Greater China, North America, Australia, and internationally.

T&L

Market Cap: ₩356.8b

Engages in the manufacture and sale of medical and polymer material products in South Korea.

Kossan Rubber Industries Bhd

Market Cap: RM 2.9b

An investment holding company, manufactures and sells latex disposable gloves in Malaysia and internationally.

Scope Fluidics

Market Cap: zł416.0m

A biotechnology company, designs and develops projects based on microfluidic technologies in medical diagnostics and healthcare in Poland.

Tristel

Market Cap: UK£176.7m

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

C-Rad

Market Cap: SEK 1.1b

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.

Gushengtang Holdings

Market Cap: HK$6.8b

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

Voxel

Market Cap: zł1.6b

Provides medical services in Poland.

Klinique Medical Clinic

Market Cap: ฿5.5b

Provides skin medical treatment services under the Klinique brand name in Thailand.

Ship Healthcare Holdings

Market Cap: JP¥217.5b

Engages in the medical, healthcare, welfare, and nursing care businesses in Japan and internationally.

Shanghai MicroPort Endovascular MedTech

Market Cap: CN¥11.8b

Shanghai MicroPort Endovascular MedTech Co., Ltd.

Eyebright Medical Technology (Beijing)

Market Cap: CN¥12.3b

Eyebright Medical Technology (Beijing) Co., Ltd.

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 and internationally.

Elan

Market Cap: JP¥47.4b

Engages in the nursing care business primarily in Japan.