Global Healthcare Undiscovered Gems With Strong Fundamentals

FALCO HOLDINGS

Market Cap: JP¥24.6b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Shanghai Pioneer Holding

Market Cap: HK$2.5b

An investment holding company, engages in marketing, promotion, and channel management of pharmaceutical products and medical devices primarily in the People’s Republic of China.

Allmed Medical ProductsLtd

Market Cap: CN¥6.0b

Engages in the manufacture and sale of wound care and nursing material products in China.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.6b

Provides smart wearables and mobile medical care products in China and internationally.

SALUS Ljubljana d. d

Market Cap: €341.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Nippon Care Supply

Market Cap: JP¥33.1b

Engages in the rental and wholesale of welfare equipment in Japan.

Vasa Denticity

Market Cap: ₹9.6b

Trades in dental products in India.

Shantou Institute of Ultrasonic Instrument

Market Cap: CN¥12.2b

Shantou Institute of Ultrasonic Instrument Co., Ltd.

Well Lead Medical

Market Cap: CN¥4.3b

Engages in the development, production, and sale of medical devices in urology, endourology, anaesthesia, respiratory, hemodialysis, and pain management areas worldwide.

ShareHope Medicine

Market Cap: NT$3.5b

Provides integrated medical services in Taiwan.

Wuhan Huakang Century Clean Technology

Market Cap: CN¥3.4b

Wuhan Huakang Century Clean Technology Co., Ltd.

Longduoduo

Market Cap: US$149.8m

Together its subsidiaries, provides preventive healthcare solutions in the People’s Republic of China.

IVD Medical Holding

Market Cap: HK$14.4b

An investment holding company, distributes In vitro diagnostic (IVD) products in Mainland China and internationally.

Twareat Medical Care

Market Cap: ر.س700.8m

Provides medical care services in remote and industrial areas in the Kingdom of Saudi Arabia.

Edan Instruments

Market Cap: CN¥7.8b

Engages in the research, development, manufacture, and service of medical electronic equipment and in vitro diagnostic products in China and internationally.

Cofoe Medical TechnologyLtd

Market Cap: CN¥8.7b

Manufactures and sells professional household medical devices in China.

Mercator Medical

Market Cap: zł447.5m

Manufactures and distributes disposable medical gloves, dressings, and non-woven fabric products in Poland, the Czech Republic, Ukraine, France, Hungary, Italy, Romania, Germany, rest of Europe, and Thailand.

Patrangsit Healthcare Group

Market Cap: ฿4.4b

Operates hospitals in Thailand.

Hubei Huaqiang High-Tech

Market Cap: CN¥9.0b

Research, develops, produces, and sells special protective equipment, pharmaceutical packaging, and medical devices in China.

Hokuyaku Takeyama HoldingsInc

Market Cap: JP¥18.6b

Engages in the wholesale of pharmaceutical products in Japan.

Sinohealth Holdings

Market Cap: HK$1.4b

Provides healthcare solutions for sales and marketing needs of medical product manufacturer clients in Mainland China, the Netherland, England, Hong Kong, Singapore, and internationally.

BIONET

Market Cap: NT$3.9b

Provides cell therapy services in Taiwan and internationally.

Srivichaivejvivat

Market Cap: ฿4.6b

Engages in the hospital business in Thailand.

Yagami

Market Cap: JP¥22.1b

Operates as a specialized trading company in the educational market Japan.

Paul Hartmann

Market Cap: €824.0m

Manufactures and sells medical and care products in Germany, rest of Europe, the Middle East, Africa, Asia and Pacific region, and the Americas.

Gulf Medical Projects Company (PJSC)

Market Cap: د.إ1.5b

Manages hospitals in the United Arab Emirates.

WIN-Partners

Market Cap: JP¥37.7b

Through its subsidiaries, distributes medical devices to medical institutions primarily in Japan.

Kontour (Xi'an) Medical Technology

Market Cap: CN¥3.3b

Kontour (Xi'an) Medical Technology Co., Ltd.

Medika d.d

Market Cap: €153.5m

Engages in the wholesale and retail distribution of pharmaceutical products in the Republic of Croatia.

Meta Biomed

Market Cap: ₩152.8b

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

Wuhan Easy Diagnosis BiomedicineLtd

Market Cap: CN¥4.6b

Wuhan Easy Diagnosis Biomedicine Co.,Ltd.

ICARES Medicus

Market Cap: NT$4.5b

Engages in the design, research, development, manufacture, and sale of intraocular lenses and nanomedical devices in Taiwan, the United States, England, Japan, Spain, China, and internationally.

China Isotope & Radiation

Market Cap: HK$5.8b

Engages in the research and development, manufacture, and sale of nuclides, diagnostic, and therapeutic radiopharmaceuticals and radioactive source products for medical and industrial applications in China.

Jiangxi Sanxin MedtecLtd

Market Cap: CN¥5.7b

Jiangxi Sanxin Medtec Co., Ltd. engages in the research and development, manufacture, sale, and service of medical devices.

Sanbo Hospital Management Group

Market Cap: CN¥13.6b

Engages in hospital management in China.

MedikitLtd

Market Cap: JP¥36.8b

Engages in the manufacture and sale of vascular access medical devices.