Oncology Information Systems Market 2021 Demand Analysis, Industry Size-Share Estimation, Top Leading Companies, Future Strategies, Business Opportunities, Growth Statistics, Covid-19 Outbreaks, Revenue and Forecast to 2027

The global oncology information systems market was valued at $2,622 million in 2017, and is estimated to reach $4,569 million by 2025, registering a CAGR of 7.1% from 2018 to 2025.

Patient portfolios are managed by software termed as oncology information systems across the healthcare settings, such as clinics, hospitals, and research laboratories. In addition, this software are used to predict treatment outcomes, plan the patient’s treatment accordingly, and exchange cancer patient information among the overall healthcare organizations.

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The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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These advantages improve the safety and efficiency of cancer therapy for patients. Oncology information systems help physicians and surgeons to choose the most appropriate therapy to improve the survival rate of the cancer patients. The availability of a variety of cancer therapies, such as chemotherapy and radiation therapy, and presence of huge cancer population base are the major factors that drive the market growth.

The market is expected to witness a moderate growth during the forecast period, owing to the benefits offered by oncology information systems over conventional methods of record keeping and treatment planning. Furthermore, surge in prevalence of cancer and increase in technological advancements, such as incorporation of patient portals, are expected to boost the market growth. Use of oncology information systems to treat rare cancer and further improvements in the technology by use of artificial intelligence are expected to present various opportunities for market expansion. However, dearth of healthcare IT professionals and high costs associated with oncology information systems are expected to hamper the growth of the market.

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The global oncology information systems market is segmented based on product & service, application, end user, and region. Based on product & service, it is bifurcated into software and services. The software segment is further divided into patient information systems and treatment planning systems, while the services segment includes consulting/optimization services, implementation services, and maintenance services. The market is studied across applications such as radiation, medical, and surgical oncology. Based on end user, it is classified into hospital & oncology clinic and research center. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits for Oncology Information Systems Market:

The study provides an in-depth analysis of the global oncology information systems market along with current trends and future estimations to elucidate the imminent investment pockets.
Comprehensive analysis of the factors that drive and restrict the market growth is provided.
Comprehensive quantitative analysis of the industry from 2017 to 2025 is provided to enable stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps understand the applications and technologies used globally.
Key market players and their strategies are provided to understand the competitive outlook of the market.

Oncology Information Systems Key Market Segments:

By Product & Services

Software
Patient Information System
Treatment Planning System
Service
Consulting/Optimization Service
Implementation Service
Maintenance Service

By Application

Radiation Oncology
Medical Oncology
Surgical Oncology

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By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
Rest of Asia-Pacific
LAMEA
Brazil
Turkey
Republic of South Africa
Saudi Arabia
Rest of LAMEA

Key Players Profiled

Accuray Incorporated
Bogardus Medical Systems, Inc.
Cerner Corporation
CureMD Corporation
Elekta AB
Flatiron Health, Inc.
Koninklijke Philips N.V.
McKesson Corporation
RaySearch Laboratories AB
Varian Medical Systems, Inc.

The other players in the value chain include (profiles not included in the report) the following:

Charm Health
Siemens Healthcare
Epic Systems Corporation
Bizmatics, Inc.
Cordata Healthcare Innovations

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What are the aspects of this report that relate to regional analysis?

The report's geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

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A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market's growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

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Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

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This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter's Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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