Global Healthcare Undiscovered Gems With Strong Fundamentals

Shantou Institute of Ultrasonic Instrument

Market Cap: CN¥10.9b

Shantou Institute of Ultrasonic Instrument Co., Ltd.

Well Lead Medical

Market Cap: CN¥4.2b

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

SALUS Ljubljana d. d

Market Cap: €468.5m

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

Wuhan Huakang Century Clean Technology

Market Cap: CN¥3.5b

Wuhan Huakang Century Clean Technology Co., Ltd.

Allmed Medical ProductsLtd

Market Cap: CN¥6.2b

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

Hoshi Iryo-Sanki

Market Cap: JP¥15.0b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Vasa Denticity

Market Cap: ₹9.8b

Trades in dental products in India.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.3b

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

FALCO HOLDINGS

Market Cap: JP¥26.3b

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

Nippon Care Supply

Market Cap: JP¥33.9b

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

Hospital Corporation of China

Market Cap: HK$926.8m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Cofoe Medical TechnologyLtd

Market Cap: CN¥8.1b

Manufactures and sells professional household medical devices in China.

Edan Instruments

Market Cap: CN¥7.3b

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

Patrangsit Healthcare Group

Market Cap: ฿4.4b

Operates hospitals in Thailand.

Alexandria New Medical Center

Market Cap: ج.م5.1b

Engages in the operation of a hospital in Egypt.

Mercator Medical

Market Cap: zł427.9m

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.

Gaush Meditech

Market Cap: HK$1.3b

Engages in the research and development, production, and distribution of ophthalmic medical equipment and consumables, and the provision of technical services to end customers.

Gulf Medical Projects Company (PJSC)

Market Cap: د.إ1.5b

Manages hospitals in the United Arab Emirates.

Al-Modawat Specialized Medical

Market Cap: ر.س410.9m

Operates a general hospital in the southern Aseer region of Saudi Arabia.

Hokuyaku Takeyama HoldingsInc

Market Cap: JP¥18.4b

Engages in the wholesale of pharmaceutical products in Japan.

Yagami

Market Cap: JP¥23.4b

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

Sinohealth Holdings

Market Cap: HK$1.3b

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

WIN-Partners

Market Cap: JP¥37.2b

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

Canadian General Medical Center Complex

Market Cap: ر.س509.7m

Manages hospitals and health centers in the Kingdom of Saudi Arabia.

Kontour (Xi'an) Medical Technology

Market Cap: CN¥3.1b

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

Srivichaivejvivat

Market Cap: ฿4.7b

Engages in the hospital business in Thailand.

BIONET

Market Cap: NT$4.3b

Provides cell therapy services in Taiwan and internationally.

Paul Hartmann

Market Cap: €788.5m

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

Heren HealthLtd

Market Cap: CN¥3.4b

Provides medical solutions to hospitals and governments in China.

MedikitLtd

Market Cap: JP¥39.9b

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

Sopharma Trading AD

Market Cap: лв195.4m

Engages in the wholesale and retail trade of medicinal products for the pharmaceutical sector in Bulgaria and Serbia.

ICARES Medicus

Market Cap: NT$4.6b

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.

Kusurinomadoguchi

Market Cap: JP¥39.9b

Provides solutions for pharmacies and medical care in Japan.

IVF Hartmann Holding

Market Cap: CHF 327.4m

Provides medical consumer goods in Switzerland and internationally.

Jiangxi Sanxin MedtecLtd

Market Cap: CN¥5.0b

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

Wuhan Easy Diagnosis BiomedicineLtd

Market Cap: CN¥4.3b

Wuhan Easy Diagnosis Biomedicine Co.,Ltd.