Global Healthcare Undervalued based on future growth

Burjeel Holdings

Market Cap: د.إ7.9b

Owns and operates multi-specialty hospitals and medical centers in the United Arab Emirates, the Sultanate of Oman, and the Kingdom of Saudi Arabia.

Intco Medical Technology

Market Cap: CN¥14.3b

Engages in the research and development, production, and marketing of medical consumables, health care equipment, and physiotherapy care products that are used in medical and elderly care institutions, household daily use, and other related industries in China and internationally.

Ardent Health Partners

Market Cap: US$1.8b

Owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States.

China National Accord Medicines

Market Cap: CN¥12.7b

China National Accord Medicines Corporation Ltd.

MLP Saglik Hizmetleri

Market Cap: ₺64.0b

Provides healthcare service in Turkey, Azerbaijan, and Hungary.

PACS Group

Market Cap: US$1.5b

Through its subsidiaries, operates skilled nursing facilities and assisted living facilities in the United States.

Qingdao Baheal Medical

Market Cap: CN¥9.3b

Engages in research and development, production, and sale of pharmaceutical products.

Shinva Medical InstrumentLtd

Market Cap: CN¥9.1b

Provides medical devices, pharmaceutical equipment, medical services, and medical trade in the People’s Republic of China.

AdaptHealth

Market Cap: US$1.1b

Distributes home medical equipment (HME), medical supplies, and home and related services in the United States.

NEUCA

Market Cap: zł3.2b

Engages in the wholesale distribution of pharmaceuticals in Poland.

Shenzhen Lifotronic Technology

Market Cap: CN¥5.4b

Research, develops, manufactures, and markets medical devices for diagnostics, clinical medicine, skin, and human health related purposes in China.

Zhende Medical

Market Cap: CN¥5.1b

Engages in the research and development, production, and sale of medical care and protective equipment in China.

Embecta

Market Cap: US$690.6m

A medical device company, focuses on the provision of various solutions to enhance the health and wellbeing of people living with diabetes in the United States and internationally.

HangzhouS MedTech

Market Cap: CN¥4.7b

Engages in the research, development, production, sale, and service of endoscopic surgery equipment and accessories in China.

Auna

Market Cap: US$516.3m

A healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia.

Zhejiang Gongdong Medical Technology

Market Cap: CN¥3.7b

Zhejiang Gongdong Medical Technology Co., Ltd.

Well Lead Medical

Market Cap: CN¥3.4b

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

OrbusNeich Medical Group Holdings

Market Cap: HK$3.3b

An investment holding company, engages in the manufacturing, trading, sales, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases in Japan, Europe, the Middle East, Africa, the Asia Pacific, the People’s Republic of China, and the United States.

Chison Medical Technologies

Market Cap: CN¥3.1b

Manufactures and sells diagnostic ultrasound systems in China and internationally.

T&L

Market Cap: ₩586.8b

Engages in the manufacture and sale of medical and polymer material products in South Korea.

SBC Medical Group Holdings

Market Cap: US$382.3m

Engages in the provision of management services to cosmetic treatment centers in Japan, Vietnam, the United States, and internationally.

Chongqing Xishan Science & Technology

Market Cap: CN¥2.7b

Chongqing Xishan Science & Technology Co., Ltd.

Beijing Succeeder Technology

Market Cap: CN¥2.5b

Engages in the research and development, manufacture, and sale of in-vitro diagnostic products in China and internationally.

Medios

Market Cap: €290.8m

Supplies specialty pharmaceutical drugs primarily in Germany.

Visco Vision

Market Cap: NT$10.2b

Manufactures and sells silicone hydrogel contact lenses in Asia, Europe, and the Americas.

Amvis Holdings

Market Cap: JP¥45.2b

Provides nursing home, home nursing care, home care, in-home care support, and disability welfare services in Japan.

GPI

Market Cap: €261.0m

Provides social-healthcare and information technology hi-tech services in Italy and internationally.

Guerbet

Market Cap: €249.0m

Engages in the development and marketing of contrast media products, delivery systems, medical devices, and related solutions.

LNA Santé

Market Cap: €234.2m

Engages in the management and operation of health establishments.

Boditech Med

Market Cap: ₩381.3b

Offers instruments and diagnostic reagents in South Korea and internationally.

Sisram Medical

Market Cap: HK$2.0b

Engages in the research, design, development, manufacture, sale, and marketing of medical aesthetics and dental equipment, home use devices, injectables, and cosmeceuticals products in the Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa.

Chaoju Eye Care Holdings

Market Cap: HK$1.9b

Owns and operates a network of ophthalmic hospitals and optical centers in China.

Shalby

Market Cap: ₹20.3b

Engages in the operation of multi-specialty hospitals primarily in India, the United States, Japan, Indonesia, Oman, the United Arab Emirates, Bangladesh, Nepal, and internationally.

Bastide Le Confort Médical

Market Cap: €198.3m

Engages in the sale and rental of medical equipment for individuals and health professionals in France and internationally.

Interojo

Market Cap: ₩312.1b

Manufactures and sells contact lenses in South Korea and internationally.

Cleopatra Hospitals GroupE

Market Cap: ج.م11.4b

Operates hospitals in Egypt.