Oncology Informatics Market Insights Highlighting Regional Expansion and Increasing Demand from CROs and Life Science Industries

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Oncology Informatics Market- by Types (Electronic Health Records (EHRs), Population Health Management (PHM), Clinical Decision Support Systems (CDSS), Drug Discovery and Development Informatics, and Image Analytics), End-Users (Pharmaceutical Industry, Life Science Industry, Contract Research Organizations (CROs), Academic Institutes and Research Centers, and Others (Hospitals and Other Care Facilities)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the global Oncology Informatics market is valued at 6.06 Billion in 2022, and it is expected to reach 11.81 Billion by the year 2031, with a CAGR of 7.9% during a forecast period of 2023-2031.

Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1032

Oncology, the branch of medicine dedicated to the prevention, diagnosis, and treatment of cancer, is comprised of three primary subspecialties: medical oncology, surgical oncology, and radiation oncology. An increasingly important and innovative segment within this field is oncology informatics, which integrates healthcare, information technology, and computer science to optimize cancer care delivery. This domain utilizes digital tools-including clinical guidelines, data management systems, and communication platforms-to efficiently capture, manage, and apply cancer-related information for improved clinical outcomes.

The global oncology informatics market is experiencing growth driven by several key factors, including the rising costs of cancer treatment, an expanding patient base, and the growing implementation of oncology-specific electronic health records (EHRs). Ineffective data integration within healthcare systems can lead to inefficiencies such as redundant procedures, errors in clinical workflows, overtreatment, and increased patient risk and healthcare expenditures. As a result, efforts to reduce hospital readmissions and enhance treatment precision are further advancing market demand.

Despite these drivers, the market faces notable challenges. These include a shortage of specialized oncology professionals, substantial implementation and maintenance costs, system interoperability issues, and persistent concerns over data privacy and security. While adoption has progressed at a measured pace, emerging economies present significant opportunities for expansion, as healthcare systems in these regions increasingly embrace digital solutions to meet rising oncology care demands.

Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2025-04

North America is anticipated to lead the oncology informatics market throughout the forecast period, driven by evolving lifestyle patterns, a rising prevalence of cancer, and ongoing technological innovations, including the development of CRISPR-based cancer therapies. The region's market growth is further bolstered by supportive government initiatives aimed at enhancing cancer care, lowering healthcare expenditures, and reducing hospital readmission rates.

In parallel, the Asia-Pacific region is expected to witness substantial growth in the oncology informatics sector. A key contributor to this expansion is China's rapidly advancing research ecosystem, which is playing a central role in driving innovation. Additionally, the region is benefiting from increased government investment and robust pharmaceutical research and development activity, particularly in emerging markets. The growing emphasis on precision medicine and the adoption of advanced healthcare technologies are further accelerating market development across Asia-Pacific.

Major market players operating in the Oncology Informatics market include Cerner Corporation, Change Healthcare, Elekta AB, F. Hoffmann-La Roche Ltd, Hologic, Inc., IBM Corporation, Inspirata, Inc., Koninklijke Philips N.V., Laboratory Corporation of America Holdings, McKesson Corporation, MIM Software, Inc., Oncology Analytics, Inc, PerkinElmer, Inc., RELX Group, Sirenas, LLC, UnitedHealth Group, Inc, Varian, Medical Systems, Inc, and other Prominent Players.

Recent collaborations and agreements in the market:
• In October 2020, cancer informatics and digital service providers A relationship between Inspirata and Smart Reporting, a developer of structured medical reporting software, was recently announced. The collaboration improves the Dynamyx Digital Pathology software package with template reporting options to increase pathology reporting productivity.

Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1032

Market Segments
Global Oncology Informatics Market, by Types, 2022-2030 (Value US$ Mn)
• Electronic Health Records (EHRs)
• Population Health Management (PHM)
• Clinical Decision Support System (CDSS)
• Drug Discovery and Development Informatics
• Image Analytics
Global Oncology Informatics Market, by End-Users, 2022-2030 (Value US$ Mn)
• Pharmaceutical Industry
• Life Science Industry
• Contract Research Organizations (CROs)
• Academic Institutes and Research Centers
• Others (Hospitals and Other Care Facilities)
Global Oncology Informatics Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Oncology Informatics Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Oncology Informatics Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Oncology Informatics Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Oncology Informatics Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Oncology Informatics Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Oncology Informatics market
 To receive an industry overview and future trends of the Oncology Informatics market
 To analyze the Oncology Informatics market drivers and challenges
 To get information on the Oncology Informatics market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Oncology Informatics market industry

Read Overview Report- https://www.insightaceanalytic.com/report/global-oncology-informatics-market/1032

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com

This release was published on openPR.