Global Community Oncology Services Market to Reach $75.96 Billion by 2029, Growing at 8.7% CAGR

What industry-specific factors are fueling the growth of the community oncology services market?
The expectation is that the demand for community oncology services will be amplified due to the more affordable care offered in community oncology centers. When compared to hospitals, cancer care services in these centers are viewed as more economical. A report by the Community Oncology Alliance revealed that the monthly cost per patient for various types of tumors in community-based clinics (CCs) was close to $12,000, while hospital-based oncology clinics (HCs) priced the same service at around $20,000. In addition, the monthly cost per patient for chemotherapy in a community setting was nearly $5,000, whereas it was close to $8,500 in hospital-based clinics. Therefore, the affordability of community oncology settings or centers is predicted to spur growth and demand in the community oncology services market in the upcoming years.

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What Is the projected market size and growth rate for the community oncology services market?
The size of the community oncology services market has seen robust growth in the past few years. The market is projected to expand from $50.54 billion in 2024 to $54.44 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 7.7%. The escalating healthcare costs, the fast-paced growth of the senior citizen population, and reforms in health insurance policies have been primary factors contributing to this increase in the historical duration.

The market size for community oncology services is anticipated to experience substantial growth in the coming years. It is projected to expand to $75.96 billion by 2029, with a compound annual growth rate (CAGR) of 8.7%. This growth during the forecast period can be attributed to a rise in cancer incidences, lifestyle changes, and increased spending on healthcare infrastructures. Some of the predominant trends during this forecast period will include a shift towards telehealth services, forging partnerships and collaborations, creating personalized service plans, advancements in technology, and engagement in mergers and acquisitions.

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What new trends are reshaping the community oncology services market and its opportunities?
In a bid to broaden their service range and offerings in the community oncology services market, predominant businesses are engaging in various acquisitions and collaborative research initiatives. Throughout recent years, these efforts have become notably popular. For instance, OneOncology, valued at 2.1 billion, was taken over by TPG, a private equity firm in the US, and AmerisourceBergen Corporation, a US-based wholesale company in April 2023. This significant procurement enhanced TPG and AmerisourceBergen's specialty practice network presence and augmented their oncology solutions. OneOncology, a company based in the US, is dedicated to transforming patient experiences and providing solutions for community oncology challenges, while consistently remaining at the forefront of cancer care.

What major market segments define the scope and growth of the community oncology services market?
The community oncology services market covered in this report is segmented -

1) By Type: Small Community Oncology Clinics, Medium Community Oncology Clinics, Large Community Oncology Clinics
2) By Cancer Type: Breast Cancer, Lung Cancer, Kidney Cancer, Ovarian Cancer, Prostate Cancer, Skin Cancer, Pancreatic Cancer, Blood Cancer, Colorectal Cancer, Other Cancer Types
3) By Therapy Type: Medical Oncology, Radiation Oncology, Surgical Oncology, Other Therapies

Subsegments:
1) By Small Community Oncology Clinics: Independent Oncology Practices, Single-Physician Oncology Offices, Community-Based Cancer Screening and Prevention Services
2) By Medium Community Oncology Clinics: Multi-Physician Oncology Practices, Integrated Community Cancer Centers, Outpatient Treatment Facilities, Community-Based Clinical Trials
3) By Large Community Oncology Clinics: Comprehensive Cancer Centers, Academic-affiliated Community Oncology Practices, Multi-disciplinary Treatment Centers, Specialized Oncology Services

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Which region dominates the community oncology services market?
North America was the largest region in the community oncology services market in 2024. Western Europe was the second largest region in the global oncology services market. The regions covered in the community oncology services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the community oncology services industry growth?
Major companies operating in the community oncology services market include The US Oncology Network, OneOncology, Florida Cancer Specialists & Research Institute (FCS), The Oncology Institute, Community Care Physicians, P.C. (CCP), GenesisCare, CStone Pharma, CARsgen Therapeutics, JW Therapeutics, BeiGene, Nanjing Legend Pharmaceutical & Chemical Co., Ltd, Zai Labare, Taxane HealthCare Pvt Ltd, Getwell Oncology, Novartis Oncology, Celgene, Johnson & Johnson, Janssen Pharma, Pharmacyclics, Healthkind Labs Pvt Ltd, Arlak Biotech, SwisscheM Healthcare Pvt Ltd, Apikos Pharma, Kolaz Biotech, Quironsalud Proton Therapy Centre, The London Clinic England, Institut Gustave Roussy, Netherlands Cancer Institute, European Medical Center, Yauza Medical Center, Celon Pharma, Nebraska Cancer Specialists, Tufts Medical Center, Doctors Medical Center, Oncology Specialists SC, Baptist Cancer Center, Mayo Clinic, Cleveland Clinic, Fred Hutchinson Cancer Research Center, The University of Texas Southwestern Medical Center, Abramson Cancer Center, McKesson Corporation, TUTEUR Argentina, Takeda Pharmaceutical Company Limited, Pierre Fabre Group, Celnova Pharma, King Hussein Cancer Center (KHCC), Princess Noorah Oncology Center (PNOC), King Abdulaziz Medical City, King Faisal Specialist Hospital and Research Centre, King Fahd Specialist Hospital, Prince Sultan Medical Military City, King Saud Medical City, King Abdullah Medical City, Tawam Hospital, Icon Oncology, Eurolab Science Laboratuvar, Yemaachi Biotechnology, Regal Pharmaceuticals Limited, Ocean Road Cancer Institute

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What Is Covered In The Community Oncology Services Global Market Report?

•Market Size Forecast: Examine the community oncology services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the community oncology services market for a structured understanding.
•Key Players Overview: Analyze major players in the community oncology services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the community oncology services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the community oncology services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the community oncology services market.
•Industry Challenges: Identify potential risks and obstacles affecting the community oncology services market.
•Competitive Landscape: Review strategic developments in the community oncology services market, including expansions, agreements, and new product launches.

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