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U.S. Healthtech Industry Analysis

UpdatedApr 30, 2025
DataAggregated Company Financials
Companies72
  • 7D6.7%
  • 3M-3.9%
  • 1Y10.4%
  • YTD5.5%

The Healthtech industry is up 6.7% in the last week, with Veeva Systems up 7.4%. In the last 12 months, the industry was up 10%. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 May 2025US$68.0bUS$13.2b-US$1,417,865,959.0053.8x-48x5.2x
Sat, 29 Mar 2025US$70.2bUS$13.2b-US$1,423,934,915.0054.5x-49.3x5.3x
Mon, 24 Feb 2025US$73.1bUS$13.0b-US$1,560,607,514.0061.2x-46.9x5.6x
Wed, 22 Jan 2025US$66.3bUS$12.9b-US$1,638,054,514.0057x-40.5x5.1x
Fri, 20 Dec 2024US$66.3bUS$12.9b-US$1,636,315,514.0055.9x-40.5x5.1x
Sun, 17 Nov 2024US$63.2bUS$12.8b-US$1,712,768,248.0054.6x-36.9x4.9x
Tue, 15 Oct 2024US$65.0bUS$14.0b-US$3,264,789,368.0053.6x-19.9x4.7x
Thu, 12 Sep 2024US$66.2bUS$14.0b-US$3,301,808,821.0056.6x-20x4.7x
Sat, 10 Aug 2024US$56.1bUS$13.9b-US$3,383,950,990.0051x-16.6x4x
Mon, 08 Jul 2024US$56.6bUS$13.7b-US$1,860,692,542.0049.9x-30.4x4.1x
Wed, 05 Jun 2024US$52.3bUS$12.9b-US$1,837,470,856.0046.9x-28.5x4.1x
Fri, 03 May 2024US$57.5bUS$12.7b-US$1,488,470,679.0048.3x-38.6x4.5x
Sun, 31 Mar 2024US$64.9bUS$12.7b-US$1,619,250,494.0056.1x-40.1x5.1x
Tue, 27 Feb 2024US$63.9bUS$14.0b-US$1,904,502,794.0054.7x-33.6x4.6x
Thu, 25 Jan 2024US$74.7bUS$18.3b-US$5,780,316,752.0059.4x-12.9x4.1x
Sat, 23 Dec 2023US$72.1bUS$18.3b-US$5,781,192,665.0058.8x-12.5x3.9x
Mon, 20 Nov 2023US$65.6bUS$18.2b-US$5,940,504,804.0052.5x-11x3.6x
Wed, 18 Oct 2023US$70.5bUS$18.0b-US$5,559,240,965.0053.5x-12.7x3.9x
Fri, 15 Sep 2023US$73.0bUS$18.0b-US$5,504,236,389.0049.7x-13.3x4.1x
Sun, 13 Aug 2023US$73.2bUS$17.9b-US$5,549,925,391.0059.9x-13.2x4.1x
Tue, 11 Jul 2023US$76.8bUS$17.7b-US$8,580,548,318.0061.3x-9x4.3x
Thu, 08 Jun 2023US$76.4bUS$17.7b-US$8,580,932,209.0060.6x-8.9x4.3x
Sat, 06 May 2023US$72.0bUS$17.6b-US$8,608,911,925.0058.7x-8.4x4.1x
Mon, 03 Apr 2023US$74.1bUS$17.7b-US$15,356,692,891.0056.4x-4.8x4.2x
Wed, 01 Mar 2023US$71.4bUS$17.7b-US$15,303,929,751.0053.4x-4.7x4x
Fri, 27 Jan 2023US$71.8bUS$17.5b-US$10,800,869,310.0046.7x-6.6x4.1x
Sun, 25 Dec 2022US$68.1bUS$35.5b-US$8,691,192,310.0034.4x-7.8x1.9x
Tue, 22 Nov 2022US$70.6bUS$17.4b-US$10,606,274,505.0043.5x-6.7x4.1x
Thu, 20 Oct 2022US$65.9bUS$17.1b-US$10,593,627,342.0027.9x-6.2x3.8x
Sat, 17 Sep 2022US$75.0bUS$17.1b-US$10,593,627,342.0032x-7.1x4.4x
Mon, 15 Aug 2022US$89.6bUS$17.0b-US$10,461,057,994.0037.3x-8.6x5.3x
Wed, 13 Jul 2022US$90.7bUS$17.4b-US$8,004,455,621.0060.3x-11.3x5.2x
Fri, 10 Jun 2022US$116.2bUS$23.2b-US$7,414,957,621.0049x-15.7x5x
Sun, 08 May 2022US$119.6bUS$23.9b-US$7,203,881,919.0062x-16.6x5x
Price to Earnings Ratio

-16.6x


Total Market Cap: US$119.6bTotal Earnings: -US$7,203,881,919.00Total Revenue: US$23.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -19.8x202320242025
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 4.4x is lower than the industry's current PS ratio of 5.2x.
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 18% 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 Market5.23%
Healthcare3.05%
Healthtech6.69%
Healthtech6.69%
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
VEEV Veeva SystemsUS$233.696.0%
+US$2.1b
17.5%PE53.2x
DOCS DoximityUS$56.884.9%
+US$499.1m
136.9%PE53x
EVH Evolent HealthUS$9.869.8%
+US$101.2m
-63.8%PS0.4x
LFMD LifeMDUS$7.3626.5%
+US$68.7m
-36.8%PS1.5x
WAY Waystar HoldingUS$37.171.0%
+US$63.7m
n/aPS6.8x
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Latest News

WAY

US$37.17

Waystar Holding

7D

1.0%

1Y

n/a

LFMD

US$7.36

LifeMD

7D

26.5%

1Y

-36.8%

VEEV

US$233.69

Veeva Systems

7D

6.0%

1Y

17.5%

PHR

US$24.96

Phreesia

7D

3.2%

1Y

18.8%

ICCT

US$2.31

iCoreConnect

7D

-16.6%

1Y

-89.4%

SLP

US$34.35

Simulations Plus

7D

-2.6%

1Y

-25.8%

AMWL

US$7.33

American Well

7D

-4.9%

1Y

-31.0%

CERT

US$13.86

Certara

7D

-2.7%

1Y

-19.9%

EVH

US$9.86

Evolent Health

7D

9.8%

1Y

-63.8%

HSTM

US$33.59

HealthStream

7D

3.2%

1Y

28.8%

SOPH

US$3.05

SOPHiA GENETICS

7D

-0.3%

1Y

-39.5%

DRIO

US$0.71

DarioHealth

7D

-11.0%

1Y

-51.2%

TDOC

US$7.19

Teladoc Health

7D

1.7%

1Y

-43.9%

HCTI

US$0.15

Healthcare Triangle

7D

-26.1%

1Y

-88.0%

ACON

US$6.47

Aclarion

7D

-16.0%

1Y

-99.8%