U.S. Healthcare Bioconvergence Market Size & Outlook

The healthcare bioconvergence market in the United States is expected to reach a projected revenue of US$ 51,125.3 million by 2030. A compound annual growth rate of 6.9% is expected of the United States healthcare bioconvergence market from 2023 to 2030.
Revenue, 2022 (US$M)
$30,006.2
Forecast, 2030 (US$M)
$51,125.3
CAGR, 2023 - 2030
6.9%
Report Coverage
U.S.

U.S. healthcare bioconvergence market, 2017-2030 (US$M)

U.S.

U.S. healthcare bioconvergence market highlights

  • The U.S. healthcare bioconvergence market generated a revenue of USD 30,006.2 million in 2022 and is expected to reach USD 51,125.3 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
  • In terms of segment, drug discovery was the largest revenue generating application in 2022.
  • Nanorobotics for Drug Delivery is the most lucrative application segment registering the fastest growth during the forecast period.

Healthcare bioconvergence market data book summary

Market revenue in 2022USD 30,006.2 million
Market revenue in 2030USD 51,125.3 million
Growth rate6.9% (CAGR from 2022 to 2030)
Largest segmentDrug discovery
Fastest growing segmentNanorobotics for Drug Delivery
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Discovery, Nanorobotics for Drug Delivery, Regenerative Medicine, Diagnostic and Biological, Bioelectronics, Engineered Living Materials, Optogenetics, Precision Medicine
Key market players worldwideBiomX Inc, Ginkgo Bioworks Holdings Inc, SetPoint Medical, GSK PLC, BICO

Other key industry trends

  • In terms of revenue, U.S. accounted for 24.7% of the global healthcare bioconvergence market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. healthcare bioconvergence market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 8,796.5 million by 2030.

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Healthcare Bioconvergence Market Companies

Name Profile # Employees HQ Website

U.S. healthcare bioconvergence market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare bioconvergence market will help companies and investors design strategic landscapes.


Drug discovery was the largest segment with a revenue share of 20.96% in 2022. Horizon Databook has segmented the U.S. healthcare bioconvergence market based on drug discovery, nanorobotics for drug delivery, regenerative medicine, diagnostic and biological, bioelectronics, engineered living materials, optogenetics, precision medicine covering the revenue growth of each sub-segment from 2017 to 2030.


  • U.S. Healthcare Bioconvergence Application Outlook (Revenue, USD Million, 2017-2030)
    • Drug Discovery
    • Nanorobotics for Drug Delivery
    • Regenerative Medicine
    • Diagnostic and Biological
    • Bioelectronics
    • Engineered Living Materials
    • Optogenetics
    • Precision Medicine

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  • Our clientele includes a mix of healthcare bioconvergence market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. healthcare bioconvergence market, including forecasts for subscribers. This country databook contains high-level insights into U.S. healthcare bioconvergence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. healthcare bioconvergence market report size, by application, 2017-2030 (US$M)

U.S. Healthcare Bioconvergence Market Share, 2022 & 2030 (US$M)

U.S. healthcare bioconvergence market report size, by application, 2017-2030 (US$M)

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