Oncology Information Systems Market
Oncology Information Systems Market Size was valued at USD 2.8 billion in 2022 and is projected to grow from USD 3.01 Billion in 2023 to USD 4.6 billion by 2030, at CAGR 7.50% during forecast.
Rising awareness about the utility of oncology information systems in making cancer treatments easier for both patients and doctors is likely to drive the global oncology information systems market over the forecast period.
This is likely to remain the major driver for the global oncology information systems market over the forecast period, as the growing prevalence of cancer drives proportionate growth in the markets for other equipment and devices needed to treat it.
The increasing investment in cancer research and technological upgrades in cancer treatment equipment is also likely to be a major driver for the global oncology information systems market over the forecast period. Technological advancements in oncology information systems could play a major role in the growth of the market over the forecast period, as modernizing oncology information systems in tune with the times is to the benefit of the manufacturer.
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Major Key Players:
Global oncology information systems market players include Accuray Inc., Philips Healthcare, Altos Solutions Inc., Varian Medical Systems Inc., RaySearch Laboratories, Bogardus Medical Systems Inc., CureMD Healthcare, Epic Systems Corporation, Flatiron Health Inc., Elekta AB, McKesson Corporation, and Cerner Corporation.
Oncology Information Systems Market Insights and Analysis By Product Service Type (Software and Professional Services), By Application (Medical Oncology, Radiation Oncology and Surgical Oncology), By End User (Hospitals Oncology Clinics, Government Institutes and Research Centers), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.
Segment Analysis
The global oncology information systems market has been segmented on the basis of product service type, application, end user, and region.
By product service type, the market has been segmented into software and professional services. The software segment is further categorized into patient information systems and treatment planning systems. The professional services segment is further subdivided into consulting/optimization services, implementation services, and post-sale maintenance services. Patient information systems hold the largest share in the global oncology information systems market at present.
On the basis of application, the market has been classified into medical oncology, radiation oncology, and surgical oncology. Medical oncology is likely to dominate the global oncology information systems market over the forecast period.
Based on end user, the market has been segmented into hospitals oncology clinics, government institutes, and research centers.
Regional Analysis
The Americas and Europe dominate the global oncology information systems market, with the Americas shading Europe on merit. The Americas is the leading force in the global oncology information systems market due to the widespread distribution of advanced oncology information systems and the growing healthcare expenditure in the region. The rising economic burden of cancer has also led to growing adoption of oncology information systems, which streamline the treatment for cancer considerably efficiently. The Americas account for more than 20% of the global incidence of cancer, which has driven the demand for various anti-cancer measures considerably.
Europe is also a major player in the global oncology information systems market due to the strong presence of market players in Germany, the UK, and France.
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