Oncology Information System Market 2026| Bogardus Medical Systems Inc, CureMD, Flatiron Health, McKesson, Varian Medical Systems, Accuray, Cerner Corporation, Elekta, Koninklijke Philips N.V, RaySearch Laboratories

Recent research and the current scenario as well as future market potential of "Global Oncology Information System Market - 2019-2026".

Oncology information system (OIS) is a comprehensive information and image management solution, which facilitates management and optimization of the profiles and treatment of cancer patients.

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Furthermore, this product is used to imagine treatment results, plan the treatment of the patient in like manner, and trade the data of cancer patient among the general human services establishments. These advantages upgrade the productivity and wellbeing of malignant growth treatment for the patients. The oncology data frameworks help the specialists and doctors to pick the most reasonable treatment to improve the disease patients' survival rate.

Oncology information systems are better alternatives to conventional techniques for treatment planning and record keeping in medical facilities. Advantages of oncology information systems such as planned treatment, future-proofing, and remote access are features expected to result in rising demand for these systems in the near future.

The global oncology information system market size was worth ~$ XX billion in 2019 and is forecasted to reach ~$ XX billion by 2026, at a CAGR of XX% during the forecast period (2020-2026).

Global Oncology Information System Market Dynamics

The dynamics of global oncology information system market is anticipated to change during the forecasted period owing to increasing incidence of cancer globally is other factor driving growth of global oncology information systems market over the forecast period.

According to World Health Organization (WHO), cancer is the second leading cause of death globally, and was responsible for 8.8 Mn deaths in 2015. Around one in six deaths is due to cancer globally. Also in terms of mortality, there is less regional variability than for incidence, with mortality rates being 15% higher in more developed than in less developed regions in men and 8% higher in women in 2013.

The global OIS market is driven by technological advancements in OIS, associated advantages of OIS over conventional record maintenance, and surge in prevalence of cancer worldwide. In addition, rise in awareness of the benefits of using OIS is expected to fuel the market growth.

Factors such as shortage of healthcare IT professionals and unfavorable healthcare reforms in the U.S. restrict the growth of this market. Also, higher costs associated with OIS services are anticipated to restrain the market growth over the forecast period.

In addition, security concerns and reliability issues, as well as interoperability issues, further hamper the growth of the global market. However, the growing ICT industry in emerging economies such as India, China, Brazil, South Africa, and others are promising a considerable growth in the global oncology information system market.

Global Oncology Information System Market Segment Analysis

Based on global oncology information system market has been segmented on the basis of Product and Services, application, end user and geography.

Based on Product and Services, global oncology information system market is segmented as below:

Software
o Patient Information System
o Treatment Planning System

Service
o Consulting/Optimization Service
o Implementation Service
o Maintenance Service

Based on application type, global oncology information system market is segmented as below:
Radiation Oncology
Medical Oncology
Surgical Oncology

Radiation oncology uses Radiation Therapy (RT) for treating the tumor, to cure, or to reduce the pain and other symptoms caused by the malignant tumor. On the other hand, Medical oncology is expected to witness the fastest growth over the forecast period. Increasing usage of immunotherapy, chemotherapy, and hormonal therapy is expected to propel the segment growth.

Based on end user, global oncology information system market is segmented as below:
Hospitals
Oncology Clinics
Governmental Institutions
Research Centers

Global Oncology Information System Market Geographical Analysis

In the forecast period, Americas would grab the highest market share due to the presence of oncology information systems providers, changing lifestyle coupled with rising burden of cancer, increasing expenditure on healthcare, and adoption of oncology information systems in the US and Canada. The IARC reported that in 2018, the Americas have 13.3% of the global population and accounted for 21.0% of incidence and 14.4% of mortality worldwide.

On the other hand, Asia-Pacific would represent the phenomenal growth during the forecast period due to growing elderly population coupled with rising prevalence of cancer. According to the WHO and IARC reported that the proportions of cancer deaths in Asia (57.3%) are higher than the proportions of incident cases (48.4%) due to the higher frequency of certain cancer types associated with poorer prognosis and higher mortality rates.

The oncology information systems market in the Middle East & Africa will exhibit considerable market growth rate from 2018 to 2023. Majority of the regional market is likely to govern by the Middle East region due to the presence of world-class cancer treatment centers in Dubai, Saudi Arabia, increasing healthcare sector reforms, and gradually rising investments in OIS sector.

Global Oncology Information System Market Competitive Landscape

The competition section of the report features profiles of key players operating in the oncology information system market based on their market shares, differential strategies, product offerings, marketing approach, and company dashboard. Examples of some of the key players featured in this report include Bogardus Medical Systems, Inc, CureMD Corporation, Flatiron Health, Inc, McKesson Corporation, Varian Medical Systems, Inc, Accuray Incorporated, Cerner Corporation, Elekta AB, Koninklijke Philips N.V, RaySearch Laboratories AB and among others.

In January 2017, Illumina entered into an agreement with Koninklijke Philips to integrate Ilumina's sequencing systems with Philips' IntelliSpace Genomics clinical informatics platform for oncology.

Mergers and acquisitions, product innovations, and partnerships are the some of the key strategies being adopted by the manufactures of to gain maximum share in the oncology information system market. Manufacturers are also planning to invest in new facilities to increase productivity.

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Visualize the composition of the Global Oncology Information System Market segmentation By Test Type and distribution channel highlighting the key commercial assets and players.
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The Global Oncology Information System Market report would provide an access to an approx. 61 market data table, 41 figures and 286 pages.

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