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U.S. Healthtech Industry Analysis

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies74
  • 7D-4.6%
  • 3M-10.4%
  • 1Y3.5%
  • YTD2.6%

Over the last 7 days, the Healthtech industry has dropped 4.6%, driven by Doximity declining 15%. Meanwhile, LifeMD actually outperformed within the industry, gaining 13% in the last week. In the past year, the industry has gained 3.5%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 May 2025US$72.1bUS$13.5b-US$1,323,785,797.0051.1x-54.4x5.3x
Sat, 19 Apr 2025US$65.4bUS$13.2b-US$1,417,865,959.0049.6x-46.1x5x
Mon, 17 Mar 2025US$69.7bUS$13.2b-US$1,418,932,900.0059.1x-49.1x5.3x
Wed, 12 Feb 2025US$77.9bUS$12.9b-US$1,610,814,514.0063.5x-48.4x6x
Fri, 10 Jan 2025US$67.2bUS$12.9b-US$1,638,075,735.0056x-41x5.2x
Sun, 08 Dec 2024US$71.8bUS$12.9b-US$1,662,130,390.0060.1x-43.2x5.6x
Tue, 05 Nov 2024US$63.2bUS$13.5b-US$3,010,457,656.0049.3x-21x4.7x
Thu, 03 Oct 2024US$65.3bUS$14.0b-US$3,288,675,208.0052.7x-19.9x4.7x
Sat, 31 Aug 2024US$65.9bUS$14.0b-US$3,320,322,604.0057.6x-19.8x4.7x
Mon, 29 Jul 2024US$60.6bUS$13.7b-US$1,841,437,711.0053x-32.9x4.4x
Wed, 26 Jun 2024US$57.5bUS$13.7b-US$1,889,788,216.0047.9x-30.5x4.2x
Fri, 24 May 2024US$58.2bUS$12.7b-US$1,960,913,856.0046x-29.7x4.6x
Sun, 21 Apr 2024US$56.8bUS$12.7b-US$1,624,501,542.0048.5x-35x4.5x
Tue, 19 Mar 2024US$63.9bUS$14.3b-US$1,456,096,316.0048.8x-43.9x4.5x
Thu, 15 Feb 2024US$62.7bUS$13.8b-US$5,675,716,752.0062.7x-11x4.5x
Sat, 13 Jan 2024US$74.0bUS$18.3b-US$5,780,492,665.0059.3x-12.8x4x
Mon, 11 Dec 2023US$65.4bUS$18.3b-US$5,772,419,665.0052.1x-11.3x3.6x
Wed, 08 Nov 2023US$67.8bUS$18.3b-US$5,826,216,881.0051.9x-11.6x3.7x
Fri, 06 Oct 2023US$69.3bUS$18.0b-US$5,559,240,965.0053x-12.5x3.8x
Sun, 03 Sep 2023US$75.3bUS$18.0b-US$5,525,678,389.0051.2x-13.6x4.2x
Tue, 01 Aug 2023US$81.2bUS$17.8b-US$5,538,206,318.0063x-14.7x4.6x
Thu, 29 Jun 2023US$75.8bUS$17.7b-US$8,580,509,261.0062x-8.8x4.3x
Sat, 27 May 2023US$68.8bUS$17.7b-US$8,626,049,209.0057.6x-8x3.9x
Mon, 24 Apr 2023US$75.7bUS$17.4b-US$14,978,330,855.0060x-5.1x4.3x
Wed, 22 Mar 2023US$73.2bUS$17.7b-US$15,404,092,854.0055x-4.8x4.1x
Fri, 17 Feb 2023US$73.9bUS$17.6b-US$10,825,346,563.0054.8x-6.8x4.2x
Sun, 15 Jan 2023US$71.0bUS$17.5b-US$10,803,491,310.0045.7x-6.6x4.1x
Tue, 13 Dec 2022US$71.7bUS$17.5b-US$10,606,433,310.0049x-6.8x4.1x
Thu, 10 Nov 2022US$66.4bUS$17.4b-US$10,664,234,695.0032x-6.2x3.8x
Sat, 08 Oct 2022US$69.4bUS$17.1b-US$10,593,627,342.0030.4x-6.6x4.1x
Mon, 05 Sep 2022US$74.6bUS$17.1b-US$10,568,104,342.0033.2x-7.1x4.4x
Wed, 03 Aug 2022US$91.0bUS$17.3b-US$10,893,074,423.0048.4x-8.4x5.3x
Fri, 01 Jul 2022US$115.2bUS$23.2b-US$7,415,282,621.0049x-15.5x5x
Sun, 29 May 2022US$116.7bUS$23.2b-US$7,359,237,621.0049.3x-15.9x5x
Price to Earnings Ratio

-15.9x


Total Market Cap: US$116.7bTotal Earnings: -US$7,359,237,621.00Total Revenue: US$23.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -20.4x202320242025
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 5.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 16% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

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

US Market-1.15%
Healthcare1.78%
Healthtech-4.65%
Healthtech-4.65%
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
LFMD LifeMDUS$10.7712.7%
+US$55.0m
38.3%PS2.1x
HSTM HealthStreamUS$28.244.3%
+US$35.4m
3.5%PE45.1x
CTEV ClaritevUS$28.787.1%
+US$31.6m
9.0%PS0.5x
OPRX OptimizeRxUS$11.6114.8%
+US$27.7m
-7.6%PS2.3x
SLP Simulations PlusUS$31.703.2%
+US$19.7m
-36.6%PE87.8x
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Latest News

OPRX

US$11.61

OptimizeRx

7D

14.8%

1Y

-7.6%

EVH

US$8.00

Evolent Health

7D

-10.5%

1Y

-65.6%

CTEV

US$28.78

Claritev

7D

7.1%

1Y

9.0%

PHR

US$24.49

Phreesia

7D

-6.3%

1Y

7.9%

HSTM

US$28.24

HealthStream

7D

4.3%

1Y

3.5%

GDRX

US$3.79

GoodRx Holdings

7D

-11.2%

1Y

-47.4%

AMWL

US$7.44

American Well

7D

4.3%

1Y

-25.0%

VEEV

US$235.00

Veeva Systems

7D

-2.2%

1Y

14.2%

FORA

US$2.05

Forian

7D

10.2%

1Y

-23.2%

PTHL

US$5.40

Pheton Holdings

7D

8.9%

1Y

n/a