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U.S. Healthtech Industry Analysis

UpdatedAug 17, 2025
DataAggregated Company Financials
Companies67
  • 7D0.1%
  • 3M11.0%
  • 1Y26.4%
  • YTD17.3%

Over the last 7 days, the Healthtech industry has remained flat, although notably HeartFlow gained 8.4%. The past year has been better, since the industry has gained 27% in that time. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 17 Aug 2025US$77.2bUS$13.1b-US$364,716,795.0058.7x-211.7x5.9x
Tue, 15 Jul 2025US$77.1bUS$13.2b-US$1,382,394,447.0055.4x-55.8x5.8x
Thu, 12 Jun 2025US$78.9bUS$13.2b-US$1,382,393,022.0060.7x-57.1x6x
Sat, 10 May 2025US$70.9bUS$13.1b-US$1,463,322,959.0056.7x-48.4x5.4x
Mon, 07 Apr 2025US$62.9bUS$13.2b-US$1,414,656,089.0048.7x-44.4x4.8x
Wed, 05 Mar 2025US$69.9bUS$13.1b-US$1,568,031,514.0063.2x-44.6x5.4x
Fri, 31 Jan 2025US$71.5bUS$12.9b-US$1,638,054,514.0060.5x-43.7x5.6x
Sun, 29 Dec 2024US$66.8bUS$12.9b-US$1,636,315,514.0055x-40.8x5.2x
Tue, 26 Nov 2024US$64.3bUS$12.8b-US$1,712,780,390.0056x-37.6x5x
Thu, 24 Oct 2024US$64.8bUS$13.5b-US$3,126,871,151.0053x-20.7x4.8x
Sat, 21 Sep 2024US$66.1bUS$14.0b-US$3,302,096,821.0055.8x-20x4.7x
Mon, 19 Aug 2024US$60.2bUS$13.9b-US$3,360,989,829.0056.7x-17.9x4.3x
Wed, 17 Jul 2024US$58.1bUS$13.7b-US$1,860,692,542.0053x-31.2x4.2x
Fri, 14 Jun 2024US$58.5bUS$13.7b-US$1,889,788,216.0047.3x-31x4.3x
Sun, 12 May 2024US$56.3bUS$12.8b-US$1,992,747,742.0047x-28.3x4.4x
Tue, 09 Apr 2024US$61.3bUS$12.7b-US$1,619,729,105.0051.6x-37.8x4.8x
Thu, 07 Mar 2024US$63.3bUS$14.1b-US$1,445,414,794.0048.3x-43.8x4.5x
Sat, 03 Feb 2024US$72.4bUS$18.3b-US$5,780,316,752.0058.7x-12.5x3.9x
Mon, 01 Jan 2024US$72.5bUS$18.3b-US$5,781,192,665.0058.4x-12.5x4x
Wed, 29 Nov 2023US$65.0bUS$18.2b-US$5,807,346,665.0052x-11.2x3.6x
Fri, 27 Oct 2023US$65.4bUS$18.1b-US$5,551,631,965.0048.9x-11.8x3.6x
Sun, 24 Sep 2023US$69.2bUS$18.0b-US$5,514,972,389.0050.4x-12.6x3.8x
Tue, 22 Aug 2023US$69.7bUS$17.9b-US$5,554,149,562.0050.9x-12.5x3.9x
Thu, 20 Jul 2023US$80.1bUS$17.7b-US$8,580,548,318.0061.8x-9.3x4.5x
Sat, 17 Jun 2023US$76.1bUS$17.7b-US$8,581,046,209.0062.9x-8.9x4.3x
Mon, 15 May 2023US$70.2bUS$17.6b-US$8,595,476,164.0057.2x-8.2x4x
Wed, 12 Apr 2023US$72.7bUS$17.4b-US$14,978,932,055.0057.6x-4.9x4.2x
Fri, 10 Mar 2023US$70.7bUS$17.7b-US$15,393,085,403.0052.2x-4.6x4x
Sun, 05 Feb 2023US$76.1bUS$17.5b-US$10,804,200,563.0053.2x-7x4.3x
Tue, 03 Jan 2023US$94.3bUS$35.5b-US$8,887,710,310.0034x-10.6x2.7x
Thu, 01 Dec 2022US$74.0bUS$17.4b-US$10,605,197,310.0047.5x-7x4.2x
Sat, 29 Oct 2022US$70.9bUS$17.2b-US$10,559,547,342.0035.1x-6.7x4.1x
Mon, 26 Sep 2022US$70.5bUS$17.1b-US$10,593,627,342.0030.9x-6.7x4.1x
Wed, 24 Aug 2022US$82.9bUS$17.0b-US$10,450,720,342.0033.8x-7.9x4.9x
Price to Earnings Ratio

-7.9x


Total Market Cap: US$82.9bTotal Earnings: -US$10,450,720,342.00Total Revenue: US$17.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -25.4x202320242025
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 5.8x.
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 8.4% 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 Market1.05%
Healthcare4.95%
Healthtech0.11%
Healthtech0.11%
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
HTFL HeartFlowUS$31.178.4%
+US$793.9m
n/aPS23x
WAY Waystar HoldingUS$36.084.3%
+US$259.6m
40.0%PE73.1x
CTEV ClaritevUS$71.6126.1%
+US$243.8m
651.6%PS1.3x
PHR PhreesiaUS$28.706.3%
+US$100.6m
18.4%PS3.9x
TDOC Teladoc HealthUS$7.528.0%
+US$98.9m
5.8%PS0.5x

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