Press release
Global Oncology Information System Market was valued around US$ XX Mn by 2018 and growing at a prominent growth rate over the forecast years 2019-2025
Global Oncology Information System Market was Valued at US$ XX Mn in 2018, Surge in the Prevalence of Various Cancer DiseasesAnalyst Speak:
“The Global Oncology Information System Market was valued around US$ XX Mn by 2018 and growing at a prominent growth rate over the forecast years 2019-2025 owing to grow in prevalence of various cancer diseases among the population”
The global oncology information system market was valued at US$ XX Mn in 2018 and increasing at a prominent growth rate over the forecast years due to increase in the prevalence of various cancers coupled with rise in adoption of advanced healthcare information systems are surge the market over the forecast years. Moreover, advantages of oncology information system over the conventional record maintenance, grow in adoption of oncology information system in developed and developing countries are anticipated to surge the global oncology information system market over the forecast years. However, high cost of technology and lack of healthcare professionals in underdeveloped countries are hamper the growth of oncology information system market.
Global Oncology Information System market segmented on the basis of component type, application, end user, and region
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Medical Oncology Dominate the Global Oncology Information System Market
Based on the application, global oncology information system market segmented into medical oncology, surgical oncology, and radiation oncology. Increase in the incidence of various cancers among the people coupled with the development and launch of newer drug molecules into market are surge the market over the forecast years. Moreover, adoption of oncology information system in developed and developing countries are anticipated to propel the global oncology information system market over the future years.
North America Leads the Global Oncology Information System market
PBI’s global oncology information system market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2014-2018 and expected to dominate over 2019-2025 owing to surge in the incidence of cancer diseases in U.S. and Canada. For instance, according to American Cancer Society 2016, approximately 57,000 new cases were registered with cancer in U.S surge the market over the future years. Europe oncology information system market projected to exhibit significant growth due to rise in incidence of cancer diseases and adoption of technologically advanced healthcare systems are expected to bolster the market.
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Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players
Global oncology information system market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In December 2017, RaySearch launched the RayCare oncology information system to connect different oncology disciplines, escalating efficiency and ensuring optimal use of resoures.
Key player’s profiles in the report are Varian Medical Systems, Inc. (U.S.), Elekta AB (Sweden), McKesson Corporation (U.S.), Accuray Incorporated (U.S.), Koninklijke Philips N.V. (Netherlands), Cerner Corporation (U.S.), Altos Solutions, Inc. (U.S.), Epic Systems Corporation (U.S.), and RaySearch Laboratories (Sweden)
Precision Business Insights (PBI) in its report titled “Global Oncology Information System Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
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Detailed Segmentation
By Component Type
o Software
o Services
o Consulting Services
o Implementation Services
o Post Sale and Maintenance
By Application
o Medical Oncology
o Surgical Oncology
o Radiation Oncology
By End User
o Hospitals
o Oncology Centers
o Research Centers
o Oncology Institutes
Geography
o North America
• U.S
• Canada
o Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Venezuela
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA
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About Precision Business Insights
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