healthcare.digital May 29, 2024
Exec Summary:
The average revenue multiple for HealthTech companies mid 2024 is 4.8x. This is down from 6.5x in 2023 but still higher than the average revenue multiple for all technology companies, which is 3.5x.
The higher revenue multiple for HealthTech companies reflects the fact that the healthcare market is growing rapidly and there is a lot of demand for innovative digital health solutions.
The average revenue multiples for different types of HealthTech companies in 2024 are:
Telehealth companies: 5.5x to 4.7x
Wellness companies: 4.0x to 3.2x
Drug discovery companies: 7.0x to 5.5x
Medical device companies: 5.0x to 4.0x
Healthcare IT companies:...