Global Healthcare Undervalued Small Caps

Visco Vision

Market Cap: NT$10.6b

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

Synektik Spólka Akcyjna

Market Cap: zł1.7b

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

Australian Clinical Labs

Market Cap: AU$534.5m

Provides pathology diagnostic services in Australia.

M1 Kliniken

Market Cap: €270.9m

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

CellaVision

Market Cap: SEK 4.4b

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

Shofu

Market Cap: JP¥70.2b

Manufactures and sells dental materials and equipment worldwide.

Boditech Med

Market Cap: ₩307.7b

Offers instruments and diagnostic reagents in South Korea and internationally.

Integrated Diagnostics Holdings

Market Cap: US$189.5m

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

Klinique Medical Clinic

Market Cap: ฿4.8b

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

Tactile Systems Technology

Market Cap: US$229.5m

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

MeHow Innovative

Market Cap: CN¥10.3b

Designs, develops, manufactures, and sells precision medical device components and products in China and internationally.

Kangji Medical Holdings

Market Cap: HK$9.9b

An investment holding company, designs, develops, manufactures, and sells minimally invasive surgical instruments and accessories in Mainland China and internationally.

GPT Healthcare

Market Cap: ₹13.0b

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

MLP Saglik Hizmetleri

Market Cap: ₺66.7b

Provides healthcare service in Turkey, Azerbaijan, and Hungary.

Chaoju Eye Care Holdings

Market Cap: HK$2.0b

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

Terveystalo Oyj

Market Cap: €1.5b

Provides occupational healthcare services in Finland, Sweden, and Estonia.

InfuSystem Holdings

Market Cap: US$131.1m

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

Humana

Market Cap: SEK 1.8b

Provides individual and family care services for children and adults in Sweden, Finland, Norway, and Denmark.

HangzhouS MedTech

Market Cap: CN¥5.2b

Engages in the research, development, production, sale, and service of endoscopic surgery equipment and accessories in China.

T&L

Market Cap: ₩482.7b

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

YSB

Market Cap: HK$6.2b

Develops digital pharmaceutical platform for pharmaceutical companies, distributors, vendors, pharmacies, and primary healthcare institutions in China.

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.

Rion

Market Cap: JP¥31.4b

Manufactures, sells, and maintains hearing instruments, medical equipment, sound and vibration measuring instruments, particle counters, and related parts and equipment in Japan.

Krsnaa Diagnostics

Market Cap: ₹25.3b

Provides diagnostic services in India.

Voxel

Market Cap: zł1.7b

Operates a network of diagnostic imaging laboratories in Poland.

NEUCA

Market Cap: zł3.1b

Engages in the wholesale distribution of pharmaceuticals in Poland.

FINDEX

Market Cap: JP¥18.5b

Offers medical systems, office systems, and medical equipment solutions in Japan.

Aidite (Qinhuangdao) Technology

Market Cap: CN¥4.3b

Aidite (Qinhuangdao) Technology Co., Ltd.

Astrana Health

Market Cap: US$1.2b

A healthcare management company, provides medical care services in the United States.

Ship Healthcare Holdings

Market Cap: JP¥189.9b

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

Hygeia Healthcare Holdings

Market Cap: HK$9.4b

Offers oncology healthcare services in the People's Republic of China.

Talkspace

Market Cap: US$443.4m

Operates as a virtual behavioral healthcare company that connects patients with licensed mental health providers in the United States.

Elan

Market Cap: JP¥48.9b

Engages in the nursing care business primarily in Japan.

Shenzhen YHLO Biotech

Market Cap: CN¥8.4b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Cogstate

Market Cap: AU$293.9m

A neuroscience technology company, engages in the creation, validation, and commercialization of digital brain health assessments used in both academic and industry sponsored research.

AK Medical Holdings

Market Cap: HK$6.6b

An investment holding company, designs, develops, produces, and markets orthopedic joint implants and related products in the People’s Republic of China and internationally.