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U.S. Healthtech Industry Analysis

UpdatedMay 30, 2025
DataAggregated Company Financials
Companies71
  • 7D9.8%
  • 3M1.8%
  • 1Y18.0%
  • YTD11.8%

Over the last 7 days, the Healthtech industry has remained flat. As for the the longer term, the industry is up 5.9% over the past 12 months. Looking forward, 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
Fri, 30 May 2025US$67.5bUS$13.2b-US$1,382,495,493.0054.8x-48.8x5.1x
Sun, 27 Apr 2025US$68.5bUS$13.2b-US$1,417,865,959.0052.8x-48.3x5.2x
Tue, 25 Mar 2025US$70.6bUS$13.2b-US$1,405,690,435.0061.8x-50.2x5.4x
Thu, 20 Feb 2025US$77.2bUS$13.0b-US$1,571,387,514.0064.7x-49.1x6x
Sat, 18 Jan 2025US$65.8bUS$12.9b-US$1,638,054,514.0055.2x-40.2x5.1x
Mon, 16 Dec 2024US$68.1bUS$12.9b-US$1,645,750,514.0055.8x-41.4x5.3x
Wed, 13 Nov 2024US$70.8bUS$12.8b-US$1,683,809,370.0062.2x-42x5.5x
Fri, 11 Oct 2024US$64.2bUS$14.0b-US$3,264,827,208.0053.8x-19.7x4.6x
Sun, 08 Sep 2024US$65.2bUS$14.0b-US$3,301,808,821.0056.4x-19.7x4.7x
Tue, 06 Aug 2024US$57.8bUS$13.7b-US$3,169,950,669.0050.9x-18.2x4.2x
Thu, 04 Jul 2024US$55.9bUS$13.7b-US$1,860,464,047.0047.1x-30x4.1x
Sat, 01 Jun 2024US$56.1bUS$12.7b-US$1,885,422,856.0046.6x-29.7x4.4x
Mon, 29 Apr 2024US$57.3bUS$12.7b-US$1,631,005,679.0046.2x-35.1x4.5x
Wed, 27 Mar 2024US$64.1bUS$14.3b-US$1,502,658,316.0048.8x-42.6x4.5x
Fri, 23 Feb 2024US$62.6bUS$13.8b-US$1,879,926,794.0053.3x-33.3x4.5x
Sun, 21 Jan 2024US$72.7bUS$18.3b-US$5,780,316,752.0058.8x-12.6x4x
Tue, 19 Dec 2023US$68.9bUS$18.3b-US$5,781,192,665.0055.5x-11.9x3.8x
Thu, 16 Nov 2023US$65.3bUS$18.2b-US$5,941,748,893.0052.6x-11x3.6x
Sat, 14 Oct 2023US$71.2bUS$18.0b-US$5,559,240,965.0053.4x-12.8x4x
Mon, 11 Sep 2023US$74.1bUS$18.0b-US$5,515,729,389.0053.9x-13.4x4.1x
Wed, 09 Aug 2023US$76.5bUS$17.9b-US$5,620,284,123.0056.6x-13.6x4.3x
Fri, 07 Jul 2023US$74.4bUS$17.7b-US$8,580,469,318.0060.8x-8.7x4.2x
Sun, 04 Jun 2023US$75.5bUS$17.7b-US$8,580,932,209.0061.4x-8.8x4.3x
Tue, 02 May 2023US$73.8bUS$17.5b-US$8,375,483,855.0058.6x-8.8x4.2x
Thu, 30 Mar 2023US$71.6bUS$17.7b-US$15,366,796,624.0054.3x-4.7x4.1x
Sat, 25 Feb 2023US$70.6bUS$17.8b-US$14,649,368,563.0052.3x-4.8x4x
Mon, 23 Jan 2023US$70.0bUS$17.5b-US$10,803,491,310.0045.1x-6.5x4x
Wed, 21 Dec 2022US$69.5bUS$35.5b-US$8,691,192,310.0034.8x-8x2x
Fri, 18 Nov 2022US$71.4bUS$17.4b-US$10,658,542,608.0044.1x-6.7x4.1x
Sun, 16 Oct 2022US$63.8bUS$17.1b-US$10,593,627,342.0027x-6x3.7x
Tue, 13 Sep 2022US$79.4bUS$17.1b-US$10,593,627,342.0034.4x-7.5x4.6x
Thu, 11 Aug 2022US$91.2bUS$17.5b-US$10,936,107,132.0038.6x-8.3x5.2x
Sat, 09 Jul 2022US$122.6bUS$23.2b-US$7,414,982,621.0054.4x-16.5x5.3x
Mon, 06 Jun 2022US$119.0bUS$23.2b-US$7,414,957,621.0051.2x-16x5.1x
Price to Earnings Ratio

-16x


Total Market Cap: US$119.0bTotal Earnings: -US$7,414,957,621.00Total Revenue: US$23.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -20.7x202320242025
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
  • The earnings for companies in the Healthcare Services industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 17% 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 Market1.15%
Healthcare1.49%
Healthtech9.84%
Healthtech9.84%
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$279.0418.5%
+US$7.1b
43.7%PE58.2x
DOCS DoximityUS$51.941.3%
+US$127.7m
87.2%PE43.7x
CTEV ClaritevUS$35.9423.3%
+US$111.6m
66.4%PS0.6x
SDGR SchrödingerUS$21.441.0%
+US$16.1m
-1.6%PS6.8x
DH Definitive HealthcareUS$3.274.5%
+US$15.0m
-38.3%PS1.4x
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Latest News

SDGR

US$21.44

Schrödinger

7D

1.0%

1Y

-1.6%

VEEV

US$279.04

Veeva Systems

7D

18.5%

1Y

43.7%

PHR

US$24.43

Phreesia

7D

0.4%

1Y

14.6%

STRM

US$5.18

Streamline Health Solutions

7D

137.6%

1Y

-13.7%

DOCS

US$51.94

Doximity

7D

1.3%

1Y

87.2%

ICAD

US$3.65

iCAD

7D

-2.4%

1Y

142.5%

DH

US$3.27

Definitive Healthcare

7D

4.5%

1Y

-38.3%

CTEV

US$35.94

Claritev

7D

23.3%

1Y

66.4%

AMWL

US$6.91

American Well

7D

-6.6%

1Y

-14.0%

AIFF

US$3.19

Firefly Neuroscience

7D

-5.1%

1Y

n/a

PTHL

US$5.97

Pheton Holdings

7D

-1.8%

1Y

n/a