Global Healthcare Undiscovered Gems With Strong Fundamentals

IVF Hartmann Holding

Market Cap: CHF 323.9m

Provides medical consumer goods in Switzerland and internationally.

PULSION Medical Systems

Market Cap: €174.8m

Engages in the development, production, and distribution of monitoring, diagnostic, and therapy control systems for recording physiological parameters of hospitalized, seriously ill, and intensive care patients.

Hangzhou Alltest Biotech

Market Cap: CN¥5.4b

Engages in the research, development, production, and sale of in vitro diagnostic reagents in China and internationally.

Assure Tech (Hangzhou)

Market Cap: CN¥5.4b

Engages in the research and development, production, and sale of diagnostic reagents, POCT, and biological materials.

Medela Potentia

Market Cap: Rp3.4t

Distributes and markets pharmaceutical and healthcare products, and medical devices in Indonesia and Cambodia.

Medprin Regenerative Medical Technologies

Market Cap: CN¥4.7b

Medprin Regenerative Medical Technologies Co., Ltd.

Medius Holdings

Market Cap: JP¥17.8b

Operates in the medical care industry in Japan.

WeLeader Biomedical

Market Cap: NT$3.4b

Operates as an agent and distributor of in vitro diagnostic products.

Clínica Baviera

Market Cap: €659.3m

A medical company, operates a network of ophthalmology clinics in Spain and Europe.

AVE Science&TechnologyLTD

Market Cap: CN¥1.9b

Researches, develops, manufactures, markets, and services medical devices, biological reagents, remote medical diagnosis network, computer software, automatic control devices, and medical auxiliary equipment.

Shanghai Kindly Enterprise Development GroupLTD

Market Cap: CN¥4.1b

Shanghai Kindly Enterprise Development Group Co.,LTD.

Koa Shoji HoldingsLtd

Market Cap: JP¥33.5b

Through its subsidiaries, imports and sells active pharmaceutical ingredients (APIs) in Japan.

Ningbo Tianyi Medical Appliance

Market Cap: CN¥3.4b

Ningbo Tianyi Medical Appliance Co., Ltd.

Remus Pharmaceuticals

Market Cap: ₹9.4b

Engages in the marketing, trading, and distribution of pharmaceuticals products and allied products in India and internationally.

Fabtech Technologies

Market Cap: ₹10.6b

Operates as a biopharma engineering company that provides aseptic manufacturing facilities internationally.

P&S Robotics

Market Cap: ₩149.8b

Provides robotic system solutions in South Korea and internationally.

Rici Healthcare Holdings

Market Cap: HK$1.6b

Operates as an investment holding company that operates general hospitals, medical examination centers, medical laboratories, and clinics in the People’s Republic of China.

Vital KSK Holdings

Market Cap: JP¥60.2b

Engages in the wholesale and retail sale of pharmaceutical products in Japan.

Ohki Healthcare HoldingsLtd

Market Cap: JP¥19.2b

Distributes pharmaceutical products, health foods, dairy products, cosmetics, and daily necessities.

Shifa International Hospitals

Market Cap: PK₨31.0b

Shifa International Hospitals Limited, together with its subsidiaries, establishes and operates medical centers and hospitals in Pakistan.

Touchstone International Medical Science

Market Cap: CN¥4.2b

Touchstone International Medical Science Co., Ltd.

Dr. Agarwal's Eye Hospital

Market Cap: ₹25.1b

Engages in the provision of eye care and related services in India, Ghana, Uganda, Kenya, Madagascar, Tanzania, Rwanda, Zambia, Mozambique, and Mauritius.

LIMES Schlosskliniken

Market Cap: €106.8m

Operates private clinics for psychiatry, psychotherapy, and psychosomatics services in Germany, Switzerland, and Liechtenstein.

Médica Sur. de

Market Cap: Mex$6.0b

Operates as a healthcare hospital in Mexico.

Rion

Market Cap: JP¥31.3b

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

Shandong Weigao Orthopaedic Device

Market Cap: CN¥11.9b

Shandong Weigao Orthopaedic Device Co., Ltd.

United Orthopedic

Market Cap: NT$12.0b

Engages in the research, development, manufacture, and sale of orthopedic implants and surgical instruments in Taiwan, Asia, America, Europe, Africa, and Oceania.

Guangzhou Jet Bio-Filtration

Market Cap: CN¥2.6b

Researches, develops, manufactures, and sells laboratory consumable products.

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.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س734.3m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Chison Medical Technologies

Market Cap: CN¥3.8b

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

Prim

Market Cap: €229.7m

Operates as a health technology, mobility, and health care products provider in Spain.

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

Voxel

Market Cap: zł1.7b

Provides medical services in Poland.

Aidite (Qinhuangdao) Technology

Market Cap: CN¥4.8b

Aidite (Qinhuangdao) Technology Co., Ltd.

EM Systems

Market Cap: JP¥56.7b

Develops and sells various IT systems for pharmacies, clinics, and care/welfare other business in Japan.