The 2025 Healthcare Industry Outlook highlights the impact of innovative technologies and evolving investment patterns on patient care and medical infrastructure. AI-powered diagnostic tools and personalized treatment plans are improving collaboration among healthcare professionals, researchers, and policymakers.
This healthcare market report offers stakeholders and investors valuable insights into the medical industry’s current landscape, projected growth, emerging startups, and more.
Executive Summary: Healthcare Industry Outlook 2025
- Industry Growth Overview: The healthcare technology market size will grow from USD 592.49 billion in 2025 to USD 1251.38 billion in 2029 at a compound annual growth rate (CAGR) of 20.6%. On a granular level, the healthcare industry has experienced a growth rate of 0.53% over the past year as per the Discovery Platform’s latest data.
- Manpower & Employment Growth: The market employs over 48 million individuals globally, with an increase of 2 million+ new jobs added in the last year.
- Patents & Grants: The healthcare industry features more than 1 941 040 million patents and 72 920 grants. The patent growth rate is 2.62% yearly, with the US and China leading in patent issuance.
- Global Footprint: Key hubs for healthcare include the US, India, UK, Canada, and Australia and the major city hubs encompass New York City, London, Sydney, Melbourne, and Toronto.
- Investment Landscape: The average investment value per funding round exceeds USD 43 million, with over 230K funding rounds closed. More than 76K investors are actively engaged in the healthcare industry.
- Top Investors: Major investors include KKR, Goldman Sachs, Softbank, and more are collectively investing over USD 56.7 billion across numerous companies.
- Startup Ecosystem: Five innovative startups, TEDIRO (robot-assisted self-training), Xplore.Health (remote patient monitoring), Banquet Health (cloud-based food management software), Propel Health AI (AI-powered patient data analysis), and Helping Minds (augmented intelligence mental care platform) showcase the medical industry’s global reach and entrepreneurial spirit.
Methodology: How We Created This Medical Industry Report
This healthcare market report is based on proprietary data from our AI-powered StartUs Insights Discovery Platform, which tracks 25 million global companies, 20K+ technologies and trends as well as 150M patents, news articles, and market reports.
This data includes detailed firmographic insights into approximately 5 million startups, scaleups, and tech companies. Leveraging this exhaustive database, we provide actionable insights for startup scouting, trend discovery, and technology landscaping.
For this report, we focused on the evolution of healthcare over the past 5 years, utilizing our platform’s trend intelligence feature. Key data points analyzed include:
- Total Companies working on the trend
- News Coverage and Annual Growth
- Market Maturity and Patents
- Global Search Volume & Growth
- Funding Activity and Top Countries
- Subtrends within healthcare
Our data is refreshed regularly, enabling trend comparisons for deeper insights into their relative impact and importance.
Additionally, we reviewed trusted external resources to supplement our findings with broader market data and predictions, ensuring a reliable and comprehensive overview of the healthcare market.
What Data is Used to Create This Healthcare Industry Report?
Based on data provided by the StartUs Insights Discovery Platform, we observe that the healthcare market stands out in the following categories relative to the 20K+ technologies and trends we track.
These categories provide a comprehensive overview of the market’s key metrics and inform the future direction of the market.
- News Coverage & Publications: The healthcare industry has been featured in over 185 580 publications in the last year which showcase major media attention.
- Funding Rounds: There have been more than 230K funding rounds recorded in our database for this sector.
- Manpower: The global workforce in the healthcare industry exceeds 48 million, with an additional 2 million employees added in the past year alone.
- Patents: The healthcare industry holds more than 1 941 040 million patents.
- Grants: Over 72 920 grants have been awarded to companies within the healthcare industry.
- Yearly Global Search Growth: The healthcare market has experienced a yearly global search growth of 12.15%.
Explore the Data-driven Medical Market Report for 2025
According to The Business Research Company, the healthcare technology market size will grow from USD 592.49 billion in 2025 to USD 1251.38 billion in 2029 at a compound annual growth rate (CAGR) of 20.6%.
Credit: The Business Research Company
According to the Mordor Intelligence report, the healthcare analytics market size is estimated at USD 57.16 billion in 2025 and is expected to reach USD 160.39 billion by 2030, at a CAGR of 22.92% during the forecast period 2025-2030.
Another analysis suggests that the global metaverse in healthcare market size is estimated to be USD 14.6 billion in 2025 and is projected to reach USD 219.1 billion by 2035. The market is anticipated to grow at a CAGR of 31.1%, during the forecast period till 2035.
The global digital health market size surpassed USD 362.36 billion in 2024 and is anticipated to reach around USD 1 019.89 billion by 2034 expanding at a CAGR of 11.68% over the forecast period 2025 to 2034.
Credit: Precedence Research
Our database features 28 656 startups and over 518 820 companies which reflect the industry’s vast scope despite an annual growth decline of 0.53%. It also highlights over 1.94 million patents and 72 920 grants.
Additionally, with a global workforce exceeding 48 million and 2 million new employees added last year, the healthcare industry’s talent pool remains robust.
Major hubs include the US, India, UK, Canada, and Australia, while cities like New York City, London, Sydney, Melbourne, and Toronto stand out as vibrant epicenters of healthcare activity.
The Indian healthcare sector is growing rapidly and is projected to reach USD 638 billion by 2025, according to a recent study by Bajaj Finserv AMC.
US employers also anticipate a 5.8% rise in health insurance costs for 2025.
A Snapshot of the Global Healthcare Market
Over the past year, the healthcare industry has experienced an annual growth rate of 0.53%. Among 28 656 startups, over 19 010 are in the early stages, while more than 26 950 have progressed to mergers and acquisitions which signal a mix of innovation and consolidation.
Over 1 941 040+ patents have been filed, representing contributions from 424 380+ applicants globally. Further, the industry sees steady innovation, with a yearly patent growth rate of 2.62%.
Moreover, the US leads as the top patent issuer, accounting for over 562 560+ filings, followed by China with 330 790+ patents.
Explore the Funding Landscape of the Healthcare Industry
With an average investment value exceeding USD 43 million per round, the healthcare industry demonstrates major financial commitment. Over 76K investors have participated in more than 230K funding rounds and are collectively supporting over 68 720 companies.
Who is Investing in the Healthcare Market?
The combined investment value of the top investors in the healthcare industry exceeds USD 56.7 billion. Here is a breakdown of their contributions:
- KKR has invested USD 7 billion in 73 companies. KKR announced plans to acquire Dawsongroup, a leading independent asset leasing business.
- Goldman Sachs has invested USD 6.9 billion in 144 companies. It also established the Capital Solutions Group to increase its private credit and equity business.
- SoftBank has invested USD 6.1 billion in 98 companies. As part of the Stargate project, SoftBank partnered with Oracle to develop large-scale AI data centers.
- European Investment Bank has invested USD 6 billion in 111 companies. It increased its financing for security and defense projects to USD 1.1 billion and plans to double this amount in 2025.
- OrbiMed has invested USD 5.5 billion in 240 companies. OrbiMed, alongside RA Capital Management, invested in Verdiva Bio Limited’s USD 411 million Series A financing.
- New Enterprise Associates has invested USD 5.5 billion in 211 companies. NEA led a USD 900 million investment in Clio, a Canadian legal technology firm.
- Golub Capital has invested USD 5.3 billion in 22 companies. Golub Capital closed USD 27.8 billion in financing commitments to existing portfolio companies and new originations.
- Alibaba has invested USD 4.9 billion in 6 companies. Alibaba led a financing round of at least USD 600 million for Chinese AI startup MiniMax.
- Carlyle Group has invested USD 4.8 billion in 43 companies. Carlyle, in collaboration with Ares Management, invested USD 830 million in Your World.
- Boston Scientific has invested USD 4.7 billion in 25 companies. Boston Scientific announced plans to acquire the remaining 74% stake in Bolt Medical for an upfront payment of USD 443 million.
Top Healthcare Innovations & Trends
Discover the emerging trends in the healthcare market along with their firmographic details:
- Remote Patient Monitoring (RPM) involves the use of technology to monitor patients outside traditional clinical settings. This improves access to care and reduces healthcare delivery costs. The RPM segment comprises 2040 companies employing over 203K individuals, with more than 17K new employees added in the past year. The annual growth rate stands at 14.61%. Moreover, the integration of wearable and mobile technology has enabled cost-effective and scalable opportunities for real-time patient monitoring.
- Early Cancer Detection focuses on identifying cancer at its initial stages, where treatment is more likely to be successful. This domain includes over 990 companies with a workforce exceeding 63K, and more than 5K new employees joined in the last year. The annual growth rate of this segment is 6.29%. Further, emerging digital technologies are playing a crucial role in cancer treatment, prevention, and control.
- Behavioral Health Care addresses mental health and substance use disorders to improve patients’ psychological well-being. This domain has over 9050 companies employing more than 3 million individuals, including 108K new employees in the past year. The annual growth rate of this domain is 7.43%. The integration of artificial intelligence (AI) in mental health care is an emerging trend. AI applications, such as chatbots and virtual assistants, are being developed to provide mental health support.
Further, AI healthcare applications are expected to generate USD 150 billion in annual savings for the healthcare industry globally by 2026.
The blockchain in the healthcare market is expected to surpass USD 1.6 billion by 2025, with 55% of healthcare vendors anticipating the adoption of blockchain-driven technologies in 2025.
5 Top Examples from 28 656+ Innovative Healthcare Startups
The five innovative startups showcased below are picked based on data including the trend they operate within and their relevance, founding year, funding status, and more. Book a demo to find promising startups, emerging trends, or industry data specific to your company’s needs and objectives.
TEDIRO delivers Robot-assisted Self-Training
TEDIRO is a German startup that develops the THERY robot. It is a mobile robotics platform to assist medical and therapeutic staff in increasing patient mobility independently of staff presence.
THERY accompanies patients during self-directed gait training on forearm crutches. This robot also provides real-time audiovisual correction recommendations and positive feedback.
Patients log into the robot using a personal radio frequency identification (RFID) chip, and the robot adapts to their walking speed.
Moreover, the cloud-based therapy management system (TMS) allows therapists to plan individual training sessions, monitor progress, and export therapy data to patient records.
Xplore.Health offers Remote Patient Monitoring
Xplore.Health is an Indian startup that develops smart healthcare devices and cloud services. CardiacSense offers a medically approved smartwatch that continuously monitors vital signs and detects cardiac arrhythmias. This device provides real-time alerts to users and their physicians upon detecting irregularities.
Additionally, the startup offers Airofit which is a smart breathing training device that improves lung capacity and respiratory muscle strength through personalized programs
CardiacSense, which is the wristband monitors vitals like blood pressure, respiratory rate, temperature, and oxygen saturation, sending alerts directly to the nurses’ station.
Moreover, Airnergy+ employs a patented method to activate oxygen in the air to improve the body’s oxygen utilization and promote well-being.
Banquet Health provides Cloud-based Food Management Software
US-based startup Banquet Health delivers a cloud-based software platform that improves hospital food management.
The platform enables patients to order personalized meals from their beds and provide real-time feedback while integrating with electronic medical records to ensure dietary safety.
Further, its intuitive interface minimizes onboarding time for staff, promotes efficient adoption, and offers managers real-time analytics for smarter inventory management and reduced waste.
Propel Health AI builds AI-powered Patient Data Analysis
Australian startup, Propel Health AI provides an end-to-end data and artificial intelligence platform to ingest, process, curate, and share multimodal real-world patient data.
It integrates with medical record systems to securely collect structured and unstructured clinical records, including pathology results, medical images, and genomics data, encrypting information during transmission and storage.
By employing Large Language Model capabilities, Propel transforms unstructured data into structured formats while extracting key patient details to enrich records for analysis.
Its cohort builder assembles de-identified data based on patient characteristics and facilitates collaborative analysis.
Moreover, the analytics workbench provides a secure environment for authorized users to interact with data through tools like interactive notebooks and machine learning capabilities.
Helping Minds promotes Augmented Intelligence Mental Care Platform
Israeli startup Helping Minds bridges the market gap for mistreated mental health conditions by augmenting therapists with technology.
Its augmented intelligence platform improves a network of specialized therapists, by increasing clinical throughput while reducing costs and optimizing outcomes.
The platform also offers private, professional counseling and one-on-one support from personal therapists for individualized care.
It utilizes evidence-based therapy methods that target the thinking patterns and emotions behind problematic behavior, generating lasting results.
Additionally, clients have access to tools and support at their fingertips, including training modules, self-monitoring apps, and unlimited messaging with their therapist, facilitating daily progress.
Gain Comprehensive Insights into Healthcare Trends, Startups, and Technologies
In 2025, the healthcare industry will leverage artificial intelligence to improve diagnostics and streamline administrative tasks, while personalized care and digital health tools like telemedicine will improve patient outcomes and accessibility.
These advancements will make healthcare more responsive and resilient to global health challenges. Get in touch to explore 28 650+ startups and scaleups, as well as all market trends impacting 518 820+ companies.
