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PUBLISHER: KBV Research | PRODUCT CODE: 1522076

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PUBLISHER: KBV Research | PRODUCT CODE: 1522076

North America Precision Diagnostics Market Size, Share & Trends Analysis Report By End-use, By Type, By Application, By Country and Growth Forecast, 2024 - 2031

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The North America Precision Diagnostics Market would witness market growth of 17.5% CAGR during the forecast period (2024-2031).

The US market dominated the North America Precision Diagnostics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16,362.9 million by 2031. The Canada market is experiencing a CAGR of 19.7% during (2024 - 2031). Additionally, The Mexico market is exhibiting a CAGR of 20.3% during (2024 - 2031).

Precision diagnostics refers to a sophisticated approach in healthcare that involves using advanced technologies and methodologies to diagnose diseases accurately at a molecular or genetic level. This approach identifies specific biomarkers, genetic mutations, or other molecular signatures unique to a patient's condition.

Moreover, Precision diagnostics aims to tailor medical treatments and interventions based on these individual characteristics, thereby optimizing therapeutic outcomes and minimizing potential side effects.

With higher incidences of cancer, there is a growing demand for advanced diagnostic technologies. This includes genetic testing, next-generation sequencing (NGS), and molecular diagnostics to accurately diagnose and subtype different types of cancer prevalent in the Mexican population. According to All.Can, cancer rank as the third leading cause of death in Mexico, with over 195,000 new cases reported in 2020. The most prevalent types included breast (29,929 cases), prostate (26,742 cases), thyroid (11,227 cases), colon (11,191 cases), and cervical cancer (9,439 cases).

Based on End-use, the market is segmented into Clinical Laboratories, Hospitals, and Others. Based on Type, the market is segmented into Genetic Tests, Esoteric Tests, Direct to Consumer Tests, and Others. Based on Application, the market is segmented into Oncology, Respiratory Diseases, CNS Disorders, Immunology, Skin Diseases, Genetic Diseases, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Abbott Laboratories
  • F. Hoffmann-La Roche Ltd.
  • Siemens Healthineers AG (Siemens AG)
  • Thermo Fisher Scientific, Inc.
  • Danaher Corporation
  • Agilent Technologies, Inc.
  • BioMerieux S.A.
  • Becton, Dickinson and Company
  • Qiagen N.V
  • Hologic, Inc.

North America Precision Diagnostics Market Report Segmentation

By End-use

  • Clinical Laboratories
  • Hospitals
  • Others

By Type

  • Genetic Tests
  • Esoteric Tests
  • Direct to Consumer Tests
  • Others

By Application

  • Oncology
  • Respiratory Diseases
  • CNS Disorders
  • Immunology
  • Skin Diseases
  • Genetic Diseases
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Precision Diagnostics Market, by End-use
    • 1.4.2 North America Precision Diagnostics Market, by Type
    • 1.4.3 North America Precision Diagnostics Market, by Application
    • 1.4.4 North America Precision Diagnostics Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market at a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
    • 3.2.3 Market Opportunities
    • 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

  • 4.1 KBV Cardinal Matrix
  • 4.2 Recent Industry Wide Strategic Developments
    • 4.2.1 Partnerships, Collaborations and Agreements
    • 4.2.2 Product Launches and Product Expansions
    • 4.2.3 Acquisition and Mergers
  • 4.3 Top Winning Strategies
    • 4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
    • 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Jul - 2024, May) Leading Players
  • 4.4 Porter Five Forces Analysis

Chapter 5. North America Precision Diagnostics Market by End-use

  • 5.1 North America Clinical Laboratories Market by Country
  • 5.2 North America Hospitals Market by Country
  • 5.3 North America Others Market by Country

Chapter 6. North America Precision Diagnostics Market by Type

  • 6.1 North America Genetic Tests Market by Country
  • 6.2 North America Esoteric Tests Market by Country
  • 6.3 North America Direct to Consumer Tests Market by Country
  • 6.4 North America Others Market by Country

Chapter 7. North America Precision Diagnostics Market by Application

  • 7.1 North America Oncology Market by Country
  • 7.2 North America Respiratory Diseases Market by Country
  • 7.3 North America CNS Disorders Market by Country
  • 7.4 North America Immunology Market by Country
  • 7.5 North America Skin Diseases Market by Country
  • 7.6 North America Genetic Diseases Market by Country
  • 7.7 North America Others Market by Country

Chapter 8. North America Precision Diagnostics Market by Country

  • 8.1 US Precision Diagnostics Market
    • 8.1.1 US Precision Diagnostics Market by End-use
    • 8.1.2 US Precision Diagnostics Market by Type
    • 8.1.3 US Precision Diagnostics Market by Application
  • 8.2 Canada Precision Diagnostics Market
    • 8.2.1 Canada Precision Diagnostics Market by End-use
    • 8.2.2 Canada Precision Diagnostics Market by Type
    • 8.2.3 Canada Precision Diagnostics Market by Application
  • 8.3 Mexico Precision Diagnostics Market
    • 8.3.1 Mexico Precision Diagnostics Market by End-use
    • 8.3.2 Mexico Precision Diagnostics Market by Type
    • 8.3.3 Mexico Precision Diagnostics Market by Application
  • 8.4 Rest of North America Precision Diagnostics Market
    • 8.4.1 Rest of North America Precision Diagnostics Market by End-use
    • 8.4.2 Rest of North America Precision Diagnostics Market by Type
    • 8.4.3 Rest of North America Precision Diagnostics Market by Application

Chapter 9. Company Profiles

  • 9.1 Abbott Laboratories
    • 9.1.1 Company Overview
    • 9.1.2 Financial Analysis
    • 9.1.3 Segmental and Regional Analysis
    • 9.1.4 Research & Development Expense
    • 9.1.5 Recent strategies and developments:
      • 9.1.5.1 Acquisition and Mergers:
    • 9.1.6 SWOT Analysis
  • 9.2 F. Hoffmann-La Roche Ltd.
    • 9.2.1 Company Overview
    • 9.2.2 Financial Analysis
    • 9.2.3 Segmental and Regional Analysis
    • 9.2.4 Research & Development Expense
    • 9.2.5 Recent strategies and developments:
      • 9.2.5.1 Partnerships, Collaborations, and Agreements:
      • 9.2.5.2 Product Launches and Product Expansions:
    • 9.2.6 SWOT Analysis
  • 9.3 Siemens Healthineers AG (Siemens AG)
    • 9.3.1 Company Overview
    • 9.3.2 Financial Analysis
    • 9.3.3 Segmental and Regional Analysis
    • 9.3.4 Research & Development Expense
    • 9.3.5 Recent strategies and developments:
      • 9.3.5.1 Partnerships, Collaborations, and Agreements:
      • 9.3.5.2 Product Launches and Product Expansions:
      • 9.3.5.3 Acquisition and Mergers:
    • 9.3.6 SWOT Analysis
  • 9.4 Thermo Fisher Scientific, Inc.
    • 9.4.1 Company Overview
    • 9.4.2 Financial Analysis
    • 9.4.3 Segmental and Regional Analysis
    • 9.4.4 Research & Development Expenses
    • 9.4.5 Recent strategies and developments:
      • 9.4.5.1 Partnerships, Collaborations, and Agreements:
    • 9.4.6 SWOT Analysis
  • 9.5 Danaher Corporation
    • 9.5.1 Company Overview
    • 9.5.2 Financial Analysis
    • 9.5.3 Segmental and Regional Analysis
    • 9.5.4 Research & Development Expense
    • 9.5.5 Recent strategies and developments:
    • 9.5.6 SWOT Analysis
  • 9.6 Agilent Technologies, Inc.
    • 9.6.1 Company Overview
    • 9.6.2 Financial Analysis
    • 9.6.3 Segmental and Regional Analysis
    • 9.6.4 Research & Development Expense
    • 9.6.5 Recent strategies and developments:
      • 9.6.5.1 Partnerships, Collaborations, and Agreements:
      • 9.6.5.2 Product Launches and Product Expansions:
    • 9.6.6 SWOT Analysis
  • 9.7 BioMerieux S.A.
    • 9.7.1 Company Overview
    • 9.7.2 Financial Analysis
    • 9.7.3 Segmental and Regional Analysis
    • 9.7.4 Research & Development Expenses
    • 9.7.5 Recent strategies and developments:
      • 9.7.5.1 Partnerships, Collaborations, and Agreements:
      • 9.7.5.2 Acquisition and Mergers:
    • 9.7.6 SWOT Analysis
  • 9.8 Becton, Dickinson, and Company
    • 9.8.1 Company Overview
    • 9.8.2 Financial Analysis
    • 9.8.3 Segmental and Regional Analysis
    • 9.8.4 Research & Development Expense
    • 9.8.5 SWOT Analysis
  • 9.9 Qiagen N.V.
    • 9.9.1 Company Overview
    • 9.9.2 Financial Analysis
    • 9.9.3 Regional Analysis
    • 9.9.4 Research & Development Expenses
    • 9.9.5 Recent strategies and developments:
      • 9.9.5.1 Partnerships, Collaborations, and Agreements:
      • 9.9.5.2 Product Launches and Product Expansions:
    • 9.9.6 SWOT Analysis
  • 9.10. Hologic, Inc.
    • 9.10.1 Company Overview
    • 9.10.2 Financial Analysis
    • 9.10.3 Segmental and Regional Analysis
    • 9.10.4 Research & Development Expenses
    • 9.10.5 SWOT Analysis

LIST OF TABLES

  • TABLE 1 North America Precision Diagnostics Market, 2020 - 2023, USD Million
  • TABLE 2 North America Precision Diagnostics Market, 2024 - 2031, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements - Precision Diagnostics Market
  • TABLE 4 Product Launches And Product Expansions - Precision Diagnostics Market
  • TABLE 5 Acquisition and Mergers - Precision Diagnostics Market
  • TABLE 6 North America Precision Diagnostics Market by End-use, 2020 - 2023, USD Million
  • TABLE 7 North America Precision Diagnostics Market by End-use, 2024 - 2031, USD Million
  • TABLE 8 North America Clinical Laboratories Market by Country, 2020 - 2023, USD Million
  • TABLE 9 North America Clinical Laboratories Market by Country, 2024 - 2031, USD Million
  • TABLE 10 North America Hospitals Market by Country, 2020 - 2023, USD Million
  • TABLE 11 North America Hospitals Market by Country, 2024 - 2031, USD Million
  • TABLE 12 North America Others Market by Country, 2020 - 2023, USD Million
  • TABLE 13 North America Others Market by Country, 2024 - 2031, USD Million
  • TABLE 14 North America Precision Diagnostics Market by Type, 2020 - 2023, USD Million
  • TABLE 15 North America Precision Diagnostics Market by Type, 2024 - 2031, USD Million
  • TABLE 16 North America Genetic Tests Market by Country, 2020 - 2023, USD Million
  • TABLE 17 North America Genetic Tests Market by Country, 2024 - 2031, USD Million
  • TABLE 18 North America Esoteric Tests Market by Country, 2020 - 2023, USD Million
  • TABLE 19 North America Esoteric Tests Market by Country, 2024 - 2031, USD Million
  • TABLE 20 North America Direct to Consumer Tests Market by Country, 2020 - 2023, USD Million
  • TABLE 21 North America Direct to Consumer Tests Market by Country, 2024 - 2031, USD Million
  • TABLE 22 North America Others Market by Country, 2020 - 2023, USD Million
  • TABLE 23 North America Others Market by Country, 2024 - 2031, USD Million
  • TABLE 24 North America Precision Diagnostics Market by Application, 2020 - 2023, USD Million
  • TABLE 25 North America Precision Diagnostics Market by Application, 2024 - 2031, USD Million
  • TABLE 26 North America Oncology Market by Country, 2020 - 2023, USD Million
  • TABLE 27 North America Oncology Market by Country, 2024 - 2031, USD Million
  • TABLE 28 North America Respiratory Diseases Market by Country, 2020 - 2023, USD Million
  • TABLE 29 North America Respiratory Diseases Market by Country, 2024 - 2031, USD Million
  • TABLE 30 North America CNS Disorders Market by Country, 2020 - 2023, USD Million
  • TABLE 31 North America CNS Disorders Market by Country, 2024 - 2031, USD Million
  • TABLE 32 North America Immunology Market by Country, 2020 - 2023, USD Million
  • TABLE 33 North America Immunology Market by Country, 2024 - 2031, USD Million
  • TABLE 34 North America Skin Diseases Market by Country, 2020 - 2023, USD Million
  • TABLE 35 North America Skin Diseases Market by Country, 2024 - 2031, USD Million
  • TABLE 36 North America Genetic Diseases Market by Country, 2020 - 2023, USD Million
  • TABLE 37 North America Genetic Diseases Market by Country, 2024 - 2031, USD Million
  • TABLE 38 North America Others Market by Country, 2020 - 2023, USD Million
  • TABLE 39 North America Others Market by Country, 2024 - 2031, USD Million
  • TABLE 40 North America Precision Diagnostics Market by Country, 2020 - 2023, USD Million
  • TABLE 41 North America Precision Diagnostics Market by Country, 2024 - 2031, USD Million
  • TABLE 42 US Precision Diagnostics Market, 2020 - 2023, USD Million
  • TABLE 43 US Precision Diagnostics Market, 2024 - 2031, USD Million
  • TABLE 44 US Precision Diagnostics Market by End-use, 2020 - 2023, USD Million
  • TABLE 45 US Precision Diagnostics Market by End-use, 2024 - 2031, USD Million
  • TABLE 46 US Precision Diagnostics Market by Type, 2020 - 2023, USD Million
  • TABLE 47 US Precision Diagnostics Market by Type, 2024 - 2031, USD Million
  • TABLE 48 US Precision Diagnostics Market by Application, 2020 - 2023, USD Million
  • TABLE 49 US Precision Diagnostics Market by Application, 2024 - 2031, USD Million
  • TABLE 50 Canada Precision Diagnostics Market, 2020 - 2023, USD Million
  • TABLE 51 Canada Precision Diagnostics Market, 2024 - 2031, USD Million
  • TABLE 52 Canada Precision Diagnostics Market by End-use, 2020 - 2023, USD Million
  • TABLE 53 Canada Precision Diagnostics Market by End-use, 2024 - 2031, USD Million
  • TABLE 54 Canada Precision Diagnostics Market by Type, 2020 - 2023, USD Million
  • TABLE 55 Canada Precision Diagnostics Market by Type, 2024 - 2031, USD Million
  • TABLE 56 Canada Precision Diagnostics Market by Application, 2020 - 2023, USD Million
  • TABLE 57 Canada Precision Diagnostics Market by Application, 2024 - 2031, USD Million
  • TABLE 58 Mexico Precision Diagnostics Market, 2020 - 2023, USD Million
  • TABLE 59 Mexico Precision Diagnostics Market, 2024 - 2031, USD Million
  • TABLE 60 Mexico Precision Diagnostics Market by End-use, 2020 - 2023, USD Million
  • TABLE 61 Mexico Precision Diagnostics Market by End-use, 2024 - 2031, USD Million
  • TABLE 62 Mexico Precision Diagnostics Market by Type, 2020 - 2023, USD Million
  • TABLE 63 Mexico Precision Diagnostics Market by Type, 2024 - 2031, USD Million
  • TABLE 64 Mexico Precision Diagnostics Market by Application, 2020 - 2023, USD Million
  • TABLE 65 Mexico Precision Diagnostics Market by Application, 2024 - 2031, USD Million
  • TABLE 66 Rest of North America Precision Diagnostics Market, 2020 - 2023, USD Million
  • TABLE 67 Rest of North America Precision Diagnostics Market, 2024 - 2031, USD Million
  • TABLE 68 Rest of North America Precision Diagnostics Market by End-use, 2020 - 2023, USD Million
  • TABLE 69 Rest of North America Precision Diagnostics Market by End-use, 2024 - 2031, USD Million
  • TABLE 70 Rest of North America Precision Diagnostics Market by Type, 2020 - 2023, USD Million
  • TABLE 71 Rest of North America Precision Diagnostics Market by Type, 2024 - 2031, USD Million
  • TABLE 72 Rest of North America Precision Diagnostics Market by Application, 2020 - 2023, USD Million
  • TABLE 73 Rest of North America Precision Diagnostics Market by Application, 2024 - 2031, USD Million
  • TABLE 74 Key Information - Abbott Laboratories
  • TABLE 75 Key Information - F. Hoffmann-La Roche Ltd.
  • TABLE 76 Key Information - Siemens Healthineers AG
  • TABLE 77 Key Information - Thermo Fisher Scientific, Inc.
  • TABLE 78 Key Information - Danaher Corporation
  • TABLE 79 key Information - Agilent Technologies, Inc.
  • TABLE 80 Key information - BioMerieux S.A.
  • TABLE 81 Key Information - Becton, Dickinson and Company
  • TABLE 82 Key Information - Qiagen N.V.
  • TABLE 83 Key Information - Hologic, Inc.
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