Italian Healthcare Potentially Undervalued Companies

Siemens Healthineers

Market Cap: €50.4b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

DENTSPLY SIRONA

Market Cap: €2.5b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

Baxter International

Market Cap: €11.2b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Elevance Health

Market Cap: €73.5b

Operates as a health benefits company in the United States.

Centene

Market Cap: €16.9b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Amplifon

Market Cap: €3.1b

Engages in the distribution of hearing solutions and the fitting of customized products that helps people to rediscover various emotions of sound in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

DiaSorin

Market Cap: €4.0b

Engages in research and development, manufacture, and distribution of immunodiagnostics and molecular diagnostics testing kits in Europe, North America, and internationally.

Align Technology

Market Cap: €9.1b

Provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.

GE HealthCare Technologies

Market Cap: €32.6b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Carl Zeiss Meditec

Market Cap: €3.7b

Operates as a medical technology company in Germany, rest of Europe, North America, and Asia.

Fresenius Medical Care

Market Cap: €12.7b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Svas Biosana

Market Cap: €43.7m

SVAS Biosana S.p.A. engages in the production and marketing of medical devices worldwide.

Cigna Group

Market Cap: €75.8b

Provides insurance and related products and services in the United States.

HCA Healthcare

Market Cap: €97.5b

Through its subsidiaries, owns and operates hospitals and related healthcare entities in the United States.

UnitedHealth Group

Market Cap: €313.0b

Operates as a health care company in the United States and internationally.

Universal Health Services

Market Cap: €12.7b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities.

Option Care Health

Market Cap: €4.5b

Offers home and alternate site infusion services in the United States.

DaVita

Market Cap: €9.3b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.

Lantheus Holdings

Market Cap: €3.6b

Develops, manufactures, and commercializes diagnostic and therapeutic products that assist clinicians in diagnosis and treatment of heart, cancer, and other diseases worldwide.

Medtronic

Market Cap: €121.0b

Develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients in the United States, Ireland, and internationally.

Becton Dickinson

Market Cap: €51.8b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Sonova Holding

Market Cap: €13.2b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Acadia Healthcare Company

Market Cap: €2.2b

Provides behavioral healthcare services in the United States and Puerto Rico.

Teleflex

Market Cap: €5.2b

Designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide.

Tenet Healthcare

Market Cap: €17.4b

Operates as a diversified healthcare services company in the United States.

Eckert & Ziegler

Market Cap: €1.1b

Manufactures and sells isotope technology components worldwide.

Hologic

Market Cap: €14.6b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Zimmer Biomet Holdings

Market Cap: €19.2b

Operates as a medical technology company worldwide.

Molina Healthcare

Market Cap: €10.3b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces.

CVS Health

Market Cap: €94.6b

Provides health solutions in the United States.

iVision Tech

Market Cap: €17.7m

Designs and produces eyeglasses, optical frames, and sunglasses in Italy.

Masimo

Market Cap: €7.6b

Develops, manufactures, and markets various patient monitoring technologies, and automation and connectivity solutions worldwide.

DexCom

Market Cap: €26.8b

A medical device company, focuses on the design, development, and commercialization of continuous glucose monitoring (CGM) systems in the United States and internationally.

ResMed

Market Cap: €39.0b

Develops, manufactures, distributes, and markets medical devices and cloud-based software applications to diagnose, treat, and manage respiratory disorders in the United States and internationally.

Garofalo Health Care

Market Cap: €435.9m

Operates healthcare clinics in Italy.

TransMedics Group

Market Cap: €3.9b

A commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally.