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Rising Cancer Prevalence Fuels Surge In Oncology Information Systems Market: The Driving Engine Behind Oncology Information Systems Market Evolution in 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Oncology Information Systems Market Size Growth Forecast: What to Expect by 2025?
The market for oncology information systems has seen robust growth in the past few years. The projections show an increase from $3.05 billion in 2024 to $3.26 billion in 2025 with a compound annual growth rate (CAGR) of 6.8%. The historical expansion can be attributed to several factors including, an increased incidence of cancer, rise in focus on precision medicine, transition to value-based care, regulatory conformity and reporting necessities, boost in cancer research and clinical trials, and an emphasis on workflow optimization.
How Will the Oncology Information Systems Market Size Evolve and Grow by 2029?
The market size of oncology information systems is anticipated to experience substantial growth in the upcoming years. The market is projected to expand to $4.67 billion by 2029, with a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this growth for the projected period involve the incorporation of genomic data, strategies for managing population health, attention on healare cybersecurity, patient engagement, education tools, healare changes, and regulatory shifts. Significant trends during this period are expected to be developments in medical imaging technologies, the amalgamation of electronic health records, the application of artificial intelligence (AI) in oncology, remote monitoring of patients and telemedicine, healare cybersecurity, and integration with health technologies that can be worn.
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What Drivers Are Propelling the Growth of Oncology Information Systems Market Forward?
The global rise in cancer cases is anticipated to boost the oncology information systems market. This prevalence concerns the count of individuals suffering from cancer. Oncology information systems aid in optimizing data management and patient details and are employed to supervise and record diverse aspects of cancer treatment and control cancer-related data in hospitals. For instance, as per the American Cancer Society, a nonprofit organization dedicated to cancer care in the US, the number of cancer cases rose from 1,898,160 in 2021 to 1,958,310 in 2023, marking a 3.16% increase. Hence, the escalating worldwide prevalence of cancer is fuelling the expansion of the oncology information systems market.
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Which Emerging Trends Are Transforming the Oncology Information Systems Market in 2025?
Leading corporations in the oncology information systems market are increasingly aligning themselves in partnerships focused on the development of a novel radiation therapy simulation and treatment preparation workflow system. The primary goal is to tailor treatment strategies that maximize radiation therapy efficiency while minimizing contact with healthy tissues. This collaborative effort will integrate RaySearch's RayStation treatment planning apparatus with GE Healare's multi-modality imaging systems (such as CT, MR, and molecular imaging), aiming at enhancing the precision and efficiency of cancer treatment. For example, in May 2022, GE Healare Technologies, a company based in the US that specializes in medical technology, teamed up with RaySearch Laboratories AB, a Sweden-based firm that provides radiation therapy software. The objective of their partnership is to simplify the simulation process by creating an interoperable and streamlined workflow. Both GE Healare and RaySearch aspire to enhance clinical planning and operational results in hospitals and cancer treatment facilities.
What Are the Key Segments in the Oncology Information Systems Market?
The oncology information systemsmarket covered in this report is segmented -
1) By Product: Solutions, Professional Services
2) By Application: Medical Oncology, Radiation Oncology, Surgical Oncology
3) By End User: Hospitals And Diagnostic Imaging Centers, Ablation Care Centers And Cancer Care Centers, Government Institutions, Research Facilities
Subsegments:
1) By Solutions: Electronic Health Records (EHR), Treatment Planning Systems, Oncology Data Management Systems, Patient Management Systems, Revenue Cycle Management Solutions, Telemedicine Solutions
2) By Professional Services: Consulting Services, Implementation Services, Training And Support Services, Maintenance And Upgradation Services
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Who Are the Key Players Shaping the Oncology Information Systems Market's Competitive Landscape?
Major companies operating in the oncology information systems market include Koninklijke Philips NV, Varian Medical Systems Inc., McKesson Corporation, Siemens Medical Solutions USA Inc., Elekta AB, Cerner Corporation, Flatiron Health Inc., Accuray Incorporated, CureMD Corporation, RaySearch Laboratories, Advanced Data Systems Corporation, Optum Inc., Allscripts Healare Solutions Inc., Altos Solutions Inc., AmerisourceBergen Corporation, athenahealth Inc., Candelis Inc., Carestream Health Inc., Change Healare, Computer Programs and Systems Inc., Epic Systems Corporation, GE Healare, IBM Corporation.
What Geographic Markets Are Powering Growth in the Oncology Information Systems Market?
North America was the largest region in the oncology information system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the oncology information system market report during the forecast period. The regions covered in the oncology information systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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