Belgium

Top 10 largest Belgian Companies in the Healthcare sector by Market Cap

This is the list of the largest public listed companies in the Healthcare sector from Belgium by market capitalization with links to their reference stock and industry.

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Top Healthcare Companies from Belgium as of Jan. 01, 2026

Rank Company Market Cap (USD) Country Sector Industry
1 UCB SA $52.27 B Belgium Belgian Healthcare Belgian Biotechnology
2 Financière de Tubize SA $11.03 B Belgium Belgian Healthcare Belgian Biotechnology
3 Galapagos NV $2.18 B Belgium Belgian Healthcare Belgian Biotechnology
4 Fagron NV $1.90 B Belgium Belgian Healthcare Belgian Drug Manufacturers—Specialty & Generic
5 Ion Beam Applications SA $452.3 M Belgium Belgian Healthcare Belgian Medical Devices
6 Nyxoah SA $193.6 M Belgium Belgian Healthcare Belgian Medical Instruments & Supplies
7 MDxHealth SA $96.6 M

(July 1, 2023)

 Belgium Belgian Healthcare Belgian Diagnostics & Research
8 Sequana Medical NV $55.3 M Belgium Belgian Healthcare Belgian Medical Devices
9 Mithra Pharmaceuticals SA $15.5 M

(July 1, 2024)

 Belgium Belgian Healthcare Belgian Drug Manufacturers—Specialty & Generic
10 Celyad Oncology SA $14.2 M

(July 1, 2023)

 Belgium Belgian Healthcare Belgian Biotechnology

Top Healthcare Companies from Belgium as of Jan. 01, 2026

1. UCB SA

Company Profile: UCB SA
Market Cap (USD): $52.27 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

2. Financière de Tubize SA

Company Profile: Financière de Tubize SA
Market Cap (USD): $11.03 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

3. Galapagos NV

Company Profile: Galapagos NV
Market Cap (USD): $2.18 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

4. Fagron NV

Company Profile: Fagron NV
Market Cap (USD): $1.90 B
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Drug Manufacturers—Specialty & Generic

5. Ion Beam Applications SA

Company Profile: Ion Beam Applications SA
Market Cap (USD): $452.3 M
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Medical Devices

6. Nyxoah SA

Company Profile: Nyxoah SA
Market Cap (USD): $193.6 M
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Medical Instruments & Supplies

7. MDxHealth SA

Company Profile: MDxHealth SA
Market Cap (USD): $96.6 M (July 1, 2023)
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Diagnostics & Research

8. Sequana Medical NV

Company Profile: Sequana Medical NV
Market Cap (USD): $55.3 M
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Medical Devices

9. Mithra Pharmaceuticals SA

Company Profile: Mithra Pharmaceuticals SA
Market Cap (USD): $15.5 M (July 1, 2024)
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Drug Manufacturers—Specialty & Generic

10. Celyad Oncology SA

Company Profile: Celyad Oncology SA
Market Cap (USD): $14.2 M (July 1, 2023)
Country: Belgium
Sector: Belgian Healthcare
Industry: Belgian Biotechnology

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