Global Healthcare Undiscovered Gems With Strong Fundamentals

Meta Biomed

Market Cap: ₩136.4b

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

ICARES Medicus

Market Cap: NT$5.0b

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.

Sanbo Hospital Management Group

Market Cap: CN¥10.3b

Operates a network of hospitals that provide medical services.

Qomel

Market Cap: ر.س420.0m

Provides medical services in Saudi Arabia.

IVF Hartmann Holding

Market Cap: CHF 328.6m

Provides medical consumer goods in Switzerland and internationally.

National HealthCare

Market Cap: US$1.7b

Engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals.

Sopharma Trading AD

Market Cap: лв195.6m

Operates as a trading company in the pharmaceutical sector in Bulgaria and Serbia.

INFINITT Healthcare

Market Cap: ₩158.2b

Provides imaging IT solutions worldwide.

Medius Holdings

Market Cap: JP¥19.4b

Operates in the medical care industry in Japan.

Kovai Medical Center and Hospital

Market Cap: ₹67.1b

Provides hospital services in India.

TalkMed Group

Market Cap: S$605.3m

An investment holding company, provides medical oncology, stem cell transplants, palliative care, and other related services in Singapore, China, Hong Kong, Vietnam, New Zealand, Australia, and the United States.

Hangzhou Alltest Biotech

Market Cap: CN¥5.2b

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

Tian An Medicare

Market Cap: HK$1.1b

An investment holding company, primarily operates hospitals in the People’s Republic of China and Hong Kong.

Medprin Regenerative Medical Technologies

Market Cap: CN¥4.3b

Medprin Regenerative Medical Technologies Co., Ltd.

Medela Potentia

Market Cap: Rp2.8t

Manufactures and distributes pharmaceutical and healthcare products in Indonesia and Cambodia.

Clínica Baviera

Market Cap: €688.2m

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

PULSION Medical Systems

Market Cap: €164.9m

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

Profarma Distribuidora de Produtos Farmacêuticos

Market Cap: R$1.0b

Engages in the distribution of pharmaceutical products in Brazil.

Vital KSK Holdings

Market Cap: JP¥57.9b

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

Rici Healthcare Holdings

Market Cap: HK$1.7b

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

Shifa International Hospitals

Market Cap: PK₨32.1b

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

Ohki Healthcare HoldingsLtd

Market Cap: JP¥14.6b

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

Remus Pharmaceuticals

Market Cap: ₹11.2b

Engages in the marketing, trading, and distribution of pharmaceutical finished formulations and products in India and internationally.

Koa Shoji HoldingsLtd

Market Cap: JP¥28.9b

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

Touchstone International Medical Science

Market Cap: CN¥2.4b

Touchstone International Medical Science Co., Ltd.

Shanghai Kindly Enterprise Development GroupLTD

Market Cap: CN¥3.4b

Shanghai Kindly Enterprise Development Group Co.,LTD.

Enseval Putera Megatrading

Market Cap: Rp6.2t

Engages in the distribution and supply of pharmaceutical products, consumer products, medical equipment, cosmetics, and other products in Indonesia.

Centrum Medyczne ENEL-MED

Market Cap: zł554.3m

Operates hospitals in Poland, Austria, France, the United Kingdom, and internationally.

Jin Medical International

Market Cap: US$100.2m

Engages in the design, development, manufacture, and sale of wheelchair and other living aids products for people with disabilities, the elderly, and people recovering from injury.

United Orthopedic

Market Cap: NT$9.9b

Engages in the research, development, manufacture, and sale of orthopedic implants and surgical instruments.

Shandong Weigao Orthopaedic Device

Market Cap: CN¥10.2b

Shandong Weigao Orthopaedic Device Co., Ltd.

PolyNovo

Market Cap: AU$842.8m

Designs, manufactures, and sells biodegradable medical devices in the United States, Australia, New Zealand, and internationally.

Mizuho MedyLtd

Market Cap: JP¥26.8b

Researches and develops, manufactures, and sells in-vitro diagnostic products and related scientific and technical information services primarily in Japan.

Guangzhou Jet Bio-Filtration

Market Cap: CN¥2.3b

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

Medicare Group Q.P.S.C

Market Cap: ر.ق1.4b

Provides healthcare and treatment services in Qatar.

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.