Valuations in healthcare technology can vary widely based on revenue mix, customer mix, specific niche and state of consolidation within a particular segment of the market. However, healthtech valuations are bolstered by strong public market performance and ongoing waves of M&A in the sector. Companies with solutions that integrate the continuum of care are seeing high demand and thus higher valuations.
Looking at deals by subsector, companies offering solutions in virtual care, pharmacy automation, healthcare data analytics, healthcare sensor systems and AI-enabled solutions saw the highest valuation multiples lately.