Oncology Information Systems Market Poised for Robust Growth, Forecasted to Expand at 6.2% CAGR from 2024-30
MarkNtel Advisors has released its latest report highlighting strong growth in The Global Oncology Information Systems Market size is valued at around USD 4.2 Billion in 2023 and is projected to grow at a CAGR of around 6.2% during the forecast period, i.e., 2024-30.
Report Coverage
This report offers a comprehensive analysis of the Oncology Information Systems Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2023
- Forecast Years: 2024-30
- Historical Years: 2019-22
Oncology Information Systems Market Overview
The major factors responsible for this market growth included the expansion of research laboratories across China and increasing R&D investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending toward research & development, to become a technological powerhouse across the globe.
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Oncology Information Systems Market Segmentation Outlook
The Oncology Information Systems is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Offering
- Software
- Patient Information Systems Software
- Treatment Planning Systems Software
- Professional Services
By Application
- Medical Oncology
- Radiation Oncology
- Surgical Oncology
By End-User
- Hospitals
- Oncology Clinics
- Ablation Care Centers & Cancer Care Centers
- Research Institutes
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Oncology Information Systems Market Trend
Penetration of Telemedicine & Remote Monitoring of Patients to Enhance the Product Demand – Remote delivery of healthcare services, including consultations, diagnoses, and treatment, using telecommunications technology is gaining traction & is predicted to be a new trend in the market. The outbreak of COVID-19 has further played a key role in accelerating the adoption of telemedicine in oncology as OIS platforms have been enhanced to support remote consultations, virtual tumor boards, and remote patient monitoring, enabling continued care while minimizing in-person interactions.
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Top Oncology Information Systems Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies Accuray Inc., BrainLab, Cerner Corp., DOSIsoft S.A., Elekta AB, Flatiron, McKesson Corporation, MIM Software, Philips Healthcare, Prowess, Inc., RaySearch Laboratories, Siemens Medical Solutions, Inc., Varian Medical Systems, ViewRay Inc., and Others as key players shaping the market landscape.
Oncology Information Systems Market News
- 2024: Nova Scotia launched its first oncology information system in Canada which would decrease treatment wait times and improve survival rates for the patients.
- 2022: Evernorth, the health services business of Cigna Corporation, and Varian, a Siemens Healthineers company, have collaborated to enhance the health data interoperability for prior authorization in oncology through the Health Level Seven (HL7) FHIR Accelerator CodeX.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2030?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
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