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U.S. Healthtech Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies67
  • 7D2.5%
  • 3M11.0%
  • 1Y25.4%
  • YTD17.4%

In the last week, the Healthtech industry is up 2.5%, with Doximity leading the way, up 5.3%. During this same period, the Scienture Holdings underperformed, falling 43%. This takes the industry's 12 month performance to a gain of 25%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Aug 2025US$77.1bUS$13.1b-US$364,716,795.0058.7x-211.4x5.9x
Wed, 16 Jul 2025US$78.7bUS$13.2b-US$1,452,848,447.0058.5x-54.1x5.9x
Fri, 13 Jun 2025US$79.5bUS$13.2b-US$1,382,393,022.0057.3x-57.5x6x
Sun, 11 May 2025US$70.4bUS$13.1b-US$1,463,322,959.0056.7x-48.1x5.4x
Tue, 08 Apr 2025US$62.9bUS$13.2b-US$1,414,656,089.0048.9x-44.4x4.8x
Thu, 06 Mar 2025US$69.3bUS$13.1b-US$1,568,031,514.0064.8x-44.2x5.3x
Sat, 01 Feb 2025US$72.9bUS$12.9b-US$1,638,054,514.0060.1x-44.5x5.7x
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
Price to Earnings Ratio

-7.9x


Total Market Cap: US$84.2bTotal Earnings: -US$10,594,757,342.00Total Revenue: US$17.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Healthtech Industry Price to Earnings3Y Average -25.6x202320242025
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 5.9x.
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 Market1.29%
Healthcare4.94%
Healthtech2.49%
Healthtech2.49%
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
DOCS DoximityUS$65.135.3%
+US$618.1m
80.8%PE51.9x
VEEV Veeva SystemsUS$280.611.3%
+US$596.5m
44.4%PE58.7x
WAY Waystar HoldingUS$36.084.6%
+US$278.8m
35.3%PE73.1x
CTEV ClaritevUS$71.6116.2%
+US$164.7m
616.1%PS1.3x
TDOC Teladoc HealthUS$7.5210.9%
+US$130.8m
4.9%PS0.5x

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