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U.S. Healthtech Industry Analysis

UpdatedDec 30, 2024
DataAggregated Company Financials
Companies72
  • 7D-1.9%
  • 3M3.4%
  • 1Y-1.3%
  • YTD4.5%

Over the last 7 days, the Healthtech industry has dropped 1.9%, driven by Veeva Systems declining 4.5%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

Has the U.S. Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Dec 2024US$66.8bUS$12.9b-US$1,636,315,514.0055x-40.8x5.2x
Wed, 27 Nov 2024US$66.7bUS$12.8b-US$1,712,780,390.0058.6x-39x5.2x
Fri, 25 Oct 2024US$63.7bUS$13.6b-US$3,127,204,656.0048.8x-20.4x4.7x
Sun, 22 Sep 2024US$65.8bUS$14.0b-US$3,302,096,821.0055.8x-19.9x4.7x
Tue, 20 Aug 2024US$60.2bUS$13.9b-US$3,360,989,829.0057.2x-17.9x4.3x
Thu, 18 Jul 2024US$59.7bUS$13.7b-US$1,860,692,542.0052.8x-32.1x4.4x
Sat, 15 Jun 2024US$58.5bUS$13.7b-US$1,889,788,216.0047.2x-31x4.3x
Mon, 13 May 2024US$56.3bUS$12.8b-US$1,993,178,215.0047x-28.3x4.4x
Wed, 10 Apr 2024US$61.6bUS$12.7b-US$1,619,729,105.0052.2x-38.1x4.8x
Fri, 08 Mar 2024US$65.3bUS$14.1b-US$1,445,414,794.0050.4x-45.2x4.6x
Sun, 04 Feb 2024US$72.4bUS$18.3b-US$5,780,316,752.0058.7x-12.5x3.9x
Tue, 02 Jan 2024US$72.5bUS$18.3b-US$5,781,192,665.0058.4x-12.5x4x
Thu, 30 Nov 2023US$65.5bUS$18.2b-US$5,807,346,665.0051.6x-11.3x3.6x
Sat, 28 Oct 2023US$64.7bUS$18.1b-US$5,527,928,965.0048.8x-11.7x3.6x
Mon, 25 Sep 2023US$69.2bUS$18.0b-US$5,514,972,389.0050.4x-12.6x3.8x
Wed, 23 Aug 2023US$69.7bUS$17.9b-US$5,554,149,562.0050.8x-12.5x3.9x
Fri, 21 Jul 2023US$77.7bUS$17.7b-US$8,580,548,318.0060.7x-9.1x4.4x
Sun, 18 Jun 2023US$76.1bUS$17.7b-US$8,581,046,209.0062.9x-8.9x4.3x
Tue, 16 May 2023US$71.2bUS$17.6b-US$8,595,476,164.0058x-8.3x4x
Thu, 13 Apr 2023US$72.2bUS$17.4b-US$14,978,932,055.0056.6x-4.8x4.1x
Sat, 11 Mar 2023US$68.5bUS$17.7b-US$15,393,085,403.0051x-4.4x3.9x
Mon, 06 Feb 2023US$76.1bUS$17.5b-US$10,804,200,563.0053.2x-7x4.3x
Wed, 04 Jan 2023US$92.4bUS$35.5b-US$8,887,710,310.0033.4x-10.4x2.6x
Fri, 02 Dec 2022US$75.1bUS$17.4b-US$10,605,197,310.0048.6x-7.1x4.3x
Sun, 30 Oct 2022US$70.9bUS$17.2b-US$10,559,547,342.0035.1x-6.7x4.1x
Tue, 27 Sep 2022US$69.6bUS$17.1b-US$10,593,627,342.0031x-6.6x4.1x
Thu, 25 Aug 2022US$84.2bUS$17.0b-US$10,594,757,342.0034.3x-7.9x4.9x
Sat, 23 Jul 2022US$96.5bUS$17.4b-US$7,974,433,542.0067x-12.1x5.5x
Mon, 20 Jun 2022US$110.9bUS$23.2b-US$7,415,282,621.0048.3x-15x4.8x
Wed, 18 May 2022US$108.4bUS$23.0b-US$7,396,184,914.0053.1x-14.7x4.7x
Fri, 15 Apr 2022US$135.9bUS$23.4b-US$644,404,428.0069.1x-210.8x5.8x
Sun, 13 Mar 2022US$131.1bUS$23.9b-US$947,141,328.0078.5x-138.4x5.5x
Tue, 08 Feb 2022US$155.0bUS$23.8b-US$1,748,539,995.0093.7x-88.7x6.5x
Thu, 06 Jan 2022US$169.5bUS$23.7b-US$1,729,005,566.0098.2x-98x7.2x
Price to Earnings Ratio

-98x


Total Market Cap: US$169.5bTotal Earnings: -US$1,729,005,566.00Total Revenue: US$23.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -29.9x20232024
Current Industry PE
  • Investors are optimistic on the American Healthcare Services industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • Losses for companies in the Healthcare Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 18% per year.
  • This means that the cost of doing business could be reducing since sales have declined but losses haven't fallen much further.

Industry Trends

Which industries have driven the changes within the U.S. Healthcare industry?

US Market0.58%
Healthcare1.00%
Healthtech-1.95%
Healthtech-1.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MPLN MultiPlanUS$17.52179.0%
+US$181.8m
-69.6%PS0.3x
WAY Waystar HoldingUS$37.922.7%
+US$170.4m
n/aPS7.2x
TDOC Teladoc HealthUS$9.453.6%
+US$56.8m
-56.1%PS0.6x
GDRX GoodRx HoldingsUS$4.622.2%
+US$38.5m
-31.0%PS2.2x
PHR PhreesiaUS$25.761.5%
+US$22.1m
11.3%PS3.7x
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Latest News

MPLN

US$17.52

MultiPlan

7D

179.0%

1Y

-69.6%

DOCS

US$57.78

Doximity

7D

-0.7%

1Y

106.1%

EVH

US$11.13

Evolent Health

7D

-1.7%

1Y

-66.3%

WAY

US$37.92

Waystar Holding

7D

2.7%

1Y

n/a

CCLD

US$3.64

CareCloud

7D

-1.6%

1Y

139.5%

ONMD

US$1.33

OneMedNet

7D

-3.6%

1Y

64.2%

SCNX

US$6.20

Scienture Holdings

7D

-18.1%

1Y

n/a