The North America Diagnostic Analytics Market would witness market growth of 30.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Diagnostic Analytics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $25,732.6 million by 2031. The Canada market is experiencing a CAGR of 32.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 31.9% during (2024 - 2031).
This market is experiencing significant growth, driven by the increasing need for businesses and organizations to gain deeper insights from data to enhance decision-making and operational efficiency. These analytics refers to examining data to identify the root causes of issues or events. Unlike descriptive analytics, which focuses on what happened, and predictive analytics, which forecasts future outcomes, these analytics digs into historical data to understand why something occurred.
These analytics is crucial in improving the healthcare sector's patient care and operational efficiency. Healthcare providers can identify patterns and trends that help diagnose diseases, predict treatment outcomes, and manage patient health by analyzing patient data. For example, these analytics can help hospitals determine the reasons behind high readmission rates or why certain treatments are less effective for specific patient groups.
In Mexico, the e-commerce sector is experiencing significant expansion. Valued at USD 26.2 billion in 2022, the domestic e-commerce industry saw a 23% increase over the previous year. The number of e-commerce users in Mexico also grew to 63 million in 2022, an increase of 5.5 million from 2021. This rapid growth is projected to continue, with the sector's value expected to reach USD 70.4 billion by 2027. In Canada, the government has announced a substantial investment of $196.1 billion over ten years to improve healthcare services, including $46.2 billion in new funding for provinces and territories. Over ten years, $2.5 billion will be invested to support Indigenous priorities and complementary federal support, bringing the total investment to $198.6 billion. This significant funding boost aims to enhance the quality and accessibility of healthcare services nationwide. In conclusion, the rising e-commerce industry in Mexico and the substantial healthcare budget in Canada are key drivers of growth in the diagnostic analytics market.
Free Valuable Insights: The Diagnostic Analytics Market is Predict to reach USD 103.3 Billion by 2031, at a CAGR of 31.1%
Based on Component, the market is segmented into Software and Services (Managed Servicess and Professional Servicess). Based on Deployment, the market is segmented into Cloud-Based, On-Premises, and Hybrid. Based on End-User, the market is segmented into Healthcare Providers, Manufacturers, Financial Institutions, Retailers, Energy & Utility Companies, and Other End-User. Based on Enterprise Size, the market is segmented into Small and Medium-sized Enterprises (SMEs) and Large Enterprises. Based on Technology, the market is segmented into Machine Learning (ML), Artificial Intelligence (AI), Natural Language Processing (NLP), Data Mining, Big Data Analytics, Statistical Analysis, and Other Technology. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- SAS Institute Inc.
- Microsoft Corporation
- IBM Corporation
- SAP SE
- Google LLC (Alphabet Inc.)
- Oracle Corporation
- Salesforce, Inc.
- MicroStrategy, Inc.
- Sisense, Inc.
- Teradata Corporation
North America Diagnostic Analytics Market Report Segmentation
By Component
- Software
- Services
- Managed Servicess
- Professional Servicess
By Deployment
- Cloud-Based
- On-Premises
- Hybrid
By End-User
- Healthcare Providers
- Manufacturers
- Financial Institutions
- Retailers
- Energy & Utility Companies
- Other End-User
By Enterprise Size
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
By Technology
- Machine Learning (ML)
- Artificial Intelligence (AI)
- Natural Language Processing (NLP)
- Data Mining
- Big Data Analytics
- Statistical Analysis
- Other Technology
By Country
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Diagnostic Analytics Market, 2020 - 2023, USD Million
TABLE 2 North America Diagnostic Analytics Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Diagnostic Analytics Market
TABLE 4 Product Launches And Product Expansions– Diagnostic Analytics Market
TABLE 5 Acquisition and Mergers– Diagnostic Analytics Market
TABLE 6 North America Diagnostic Analytics Market by Component, 2020 - 2023, USD Million
TABLE 7 North America Diagnostic Analytics Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Software Market by Country, 2020 - 2023, USD Million
TABLE 9 North America Software Market by Country, 2024 - 2031, USD Million
TABLE 10 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 11 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Diagnostic Analytics Market by Services Component Type, 2020 - 2023, USD Million
TABLE 13 North America Diagnostic Analytics Market by Services Component Type, 2024 - 2031, USD Million
TABLE 14 North America Managed Servicess Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Managed Servicess Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Professional Servicess Market by Country, 2020 - 2023, USD Million
TABLE 17 North America Professional Servicess Market by Country, 2024 - 2031, USD Million
TABLE 18 North America Diagnostic Analytics Market by Deployment, 2020 - 2023, USD Million
TABLE 19 North America Diagnostic Analytics Market by Deployment, 2024 - 2031, USD Million
TABLE 20 North America Cloud-Based Market by Region, 2020 - 2023, USD Million
TABLE 21 North America Cloud-Based Market by Region, 2024 - 2031, USD Million
TABLE 22 North America On-Premises Market by Region, 2020 - 2023, USD Million
TABLE 23 North America On-Premises Market by Region, 2024 - 2031, USD Million
TABLE 24 North America Hybrid Market by Region, 2020 - 2023, USD Million
TABLE 25 North America Hybrid Market by Region, 2024 - 2031, USD Million
TABLE 26 North America Diagnostic Analytics Market by End-User, 2020 - 2023, USD Million
TABLE 27 North America Diagnostic Analytics Market by End-User, 2024 - 2031, USD Million
TABLE 28 North America Healthcare Providers Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Healthcare Providers Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Manufacturers Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Manufacturers Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Financial Institutions Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Financial Institutions Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Retailers Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Retailers Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Energy & Utility Companies Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Energy & Utility Companies Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Other End-User Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Other End-User Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Diagnostic Analytics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 41 North America Diagnostic Analytics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 42 North America Small and Medium-sized Enterprises (SMEs) Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Small and Medium-sized Enterprises (SMEs) Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Diagnostic Analytics Market by Technology, 2020 - 2023, USD Million
TABLE 47 North America Diagnostic Analytics Market by Technology, 2024 - 2031, USD Million
TABLE 48 North America Machine Learning (ML) Market by Country, 2020 - 2023, USD Million
TABLE 49 North America Machine Learning (ML) Market by Country, 2024 - 2031, USD Million
TABLE 50 North America Artificial Intelligence (AI) Market by Country, 2020 - 2023, USD Million
TABLE 51 North America Artificial Intelligence (AI) Market by Country, 2024 - 2031, USD Million
TABLE 52 North America Natural Language Processing (NLP) Market by Country, 2020 - 2023, USD Million
TABLE 53 North America Natural Language Processing (NLP) Market by Country, 2024 - 2031, USD Million
TABLE 54 North America Data Mining Market by Country, 2020 - 2023, USD Million
TABLE 55 North America Data Mining Market by Country, 2024 - 2031, USD Million
TABLE 56 North America Big Data Analytics Market by Country, 2020 - 2023, USD Million
TABLE 57 North America Big Data Analytics Market by Country, 2024 - 2031, USD Million
TABLE 58 North America Statistical Analysis Market by Country, 2020 - 2023, USD Million
TABLE 59 North America Statistical Analysis Market by Country, 2024 - 2031, USD Million
TABLE 60 North America Other Technology Market by Country, 2020 - 2023, USD Million
TABLE 61 North America Other Technology Market by Country, 2024 - 2031, USD Million
TABLE 62 North America Diagnostic Analytics Market by Country, 2020 - 2023, USD Million
TABLE 63 North America Diagnostic Analytics Market by Country, 2024 - 2031, USD Million
TABLE 64 US Diagnostic Analytics Market, 2020 - 2023, USD Million
TABLE 65 US Diagnostic Analytics Market, 2024 - 2031, USD Million
TABLE 66 US Diagnostic Analytics Market by Component, 2020 - 2023, USD Million
TABLE 67 US Diagnostic Analytics Market by Component, 2024 - 2031, USD Million
TABLE 68 US Diagnostic Analytics Market by Services Component Type, 2020 - 2023, USD Million
TABLE 69 US Diagnostic Analytics Market by Services Component Type, 2024 - 2031, USD Million
TABLE 70 US Diagnostic Analytics Market by Deployment, 2020 - 2023, USD Million
TABLE 71 US Diagnostic Analytics Market by Deployment, 2024 - 2031, USD Million
TABLE 72 US Diagnostic Analytics Market by End-User, 2020 - 2023, USD Million
TABLE 73 US Diagnostic Analytics Market by End-User, 2024 - 2031, USD Million
TABLE 74 US Diagnostic Analytics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 75 US Diagnostic Analytics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 76 US Diagnostic Analytics Market by Technology, 2020 - 2023, USD Million
TABLE 77 US Diagnostic Analytics Market by Technology, 2024 - 2031, USD Million
TABLE 78 Canada Diagnostic Analytics Market, 2020 - 2023, USD Million
TABLE 79 Canada Diagnostic Analytics Market, 2024 - 2031, USD Million
TABLE 80 Canada Diagnostic Analytics Market by Component, 2020 - 2023, USD Million
TABLE 81 Canada Diagnostic Analytics Market by Component, 2024 - 2031, USD Million
TABLE 82 Canada Diagnostic Analytics Market by Services Component Type, 2020 - 2023, USD Million
TABLE 83 Canada Diagnostic Analytics Market by Services Component Type, 2024 - 2031, USD Million
TABLE 84 Canada Diagnostic Analytics Market by Deployment, 2020 - 2023, USD Million
TABLE 85 Canada Diagnostic Analytics Market by Deployment, 2024 - 2031, USD Million
TABLE 86 Canada Diagnostic Analytics Market by End-User, 2020 - 2023, USD Million
TABLE 87 Canada Diagnostic Analytics Market by End-User, 2024 - 2031, USD Million
TABLE 88 Canada Diagnostic Analytics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 89 Canada Diagnostic Analytics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 90 Canada Diagnostic Analytics Market by Technology, 2020 - 2023, USD Million
TABLE 91 Canada Diagnostic Analytics Market by Technology, 2024 - 2031, USD Million
TABLE 92 Mexico Diagnostic Analytics Market, 2020 - 2023, USD Million
TABLE 93 Mexico Diagnostic Analytics Market, 2024 - 2031, USD Million
TABLE 94 Mexico Diagnostic Analytics Market by Component, 2020 - 2023, USD Million
TABLE 95 Mexico Diagnostic Analytics Market by Component, 2024 - 2031, USD Million
TABLE 96 Mexico Diagnostic Analytics Market by Services Component Type, 2020 - 2023, USD Million
TABLE 97 Mexico Diagnostic Analytics Market by Services Component Type, 2024 - 2031, USD Million
TABLE 98 Mexico Diagnostic Analytics Market by Deployment, 2020 - 2023, USD Million
TABLE 99 Mexico Diagnostic Analytics Market by Deployment, 2024 - 2031, USD Million
TABLE 100 Mexico Diagnostic Analytics Market by End-User, 2020 - 2023, USD Million
TABLE 101 Mexico Diagnostic Analytics Market by End-User, 2024 - 2031, USD Million
TABLE 102 Mexico Diagnostic Analytics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 103 Mexico Diagnostic Analytics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 104 Mexico Diagnostic Analytics Market by Technology, 2020 - 2023, USD Million
TABLE 105 Mexico Diagnostic Analytics Market by Technology, 2024 - 2031, USD Million
TABLE 106 Rest of North America Diagnostic Analytics Market, 2020 - 2023, USD Million
TABLE 107 Rest of North America Diagnostic Analytics Market, 2024 - 2031, USD Million
TABLE 108 Rest of North America Diagnostic Analytics Market by Component, 2020 - 2023, USD Million
TABLE 109 Rest of North America Diagnostic Analytics Market by Component, 2024 - 2031, USD Million
TABLE 110 Rest of North America Diagnostic Analytics Market by Services Component Type, 2020 - 2023, USD Million
TABLE 111 Rest of North America Diagnostic Analytics Market by Services Component Type, 2024 - 2031, USD Million
TABLE 112 Rest of North America Diagnostic Analytics Market by Deployment, 2020 - 2023, USD Million
TABLE 113 Rest of North America Diagnostic Analytics Market by Deployment, 2024 - 2031, USD Million
TABLE 114 Rest of North America Diagnostic Analytics Market by End-User, 2020 - 2023, USD Million
TABLE 115 Rest of North America Diagnostic Analytics Market by End-User, 2024 - 2031, USD Million
TABLE 116 Rest of North America Diagnostic Analytics Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 117 Rest of North America Diagnostic Analytics Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 118 Rest of North America Diagnostic Analytics Market by Technology, 2020 - 2023, USD Million
TABLE 119 Rest of North America Diagnostic Analytics Market by Technology, 2024 - 2031, USD Million
TABLE 120 Key Information – SAS Institute, Inc.
TABLE 121 Key Information – Microsoft Corporation
TABLE 122 Key Information – IBM Corporation
TABLE 123 Key Information – SAP SE
TABLE 124 Key Information – Google LLC
TABLE 125 Key Information – Oracle Corporation
TABLE 126 Key Information – Salesforce, Inc.
TABLE 127 Key Information – MicroStrategy, Inc.
TABLE 128 Key Information – Sisense, Inc.
TABLE 129 Key Information – Teradata Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Diagnostic Analytics Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Diagnostic Analytics Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2023, May – 2024, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – Diagnostic Analytics Market
FIG 9 North America Diagnostic Analytics Market share by Component, 2023
FIG 10 North America Diagnostic Analytics Market share by Component, 2031
FIG 11 North America Diagnostic Analytics Market by Component, 2020 - 2031, USD Million
FIG 12 North America Diagnostic Analytics Market share by Deployment, 2023
FIG 13 North America Diagnostic Analytics Market share by Deployment, 2031
FIG 14 North America Diagnostic Analytics Market by Deployment, 2020 - 2031, USD Million
FIG 15 North America Diagnostic Analytics Market share by End-User, 2023
FIG 16 North America Diagnostic Analytics Market share by End-User, 2031
FIG 17 North America Diagnostic Analytics Market by End-User, 2020 - 2031, USD Million
FIG 18 North America Diagnostic Analytics Market share by Enterprise Size, 2023
FIG 19 North America Diagnostic Analytics Market share by Enterprise Size, 2031
FIG 20 North America Diagnostic Analytics Market by Enterprise Size, 2020 - 2031, USD Million
FIG 21 North America Diagnostic Analytics Market share by Technology, 2023
FIG 22 North America Diagnostic Analytics Market share by Technology, 2031
FIG 23 North America Diagnostic Analytics Market by Technology, 2020 - 2031, USD Million
FIG 24 North America Diagnostic Analytics Market share by Country, 2023
FIG 25 North America Diagnostic Analytics Market share by Country, 2031
FIG 26 North America Diagnostic Analytics Market by Country, 2020 - 2031, USD Million
FIG 27 Recent strategies and developments: SAS INSTITUTE, INC.
FIG 28 SWOT Analysis: SAS INSTITUTE, INC.
FIG 29 Recent strategies and developments: Microsoft Corporation
FIG 30 SWOT Analysis: Microsoft Corporation
FIG 31 SWOT Analysis: IBM Corporation
FIG 32 SWOT Analysis: SAP SE
FIG 33 Recent strategies and developments: Google LLC
FIG 34 SWOT Analysis: Google LLC
FIG 35 Recent strategies and developments: Oracle Corporation
FIG 36 SWOT Analysis: Oracle Corporation
FIG 37 SWOT Analysis: Salesforce, Inc.
FIG 38 SWOT Analysis: MicroStrategy, Inc.
FIG 39 Swot analysis: Sisense, Inc.
FIG 40 SWOT Analysis: Teradata Corporation