The global oncology information systems (OIS) market garnered $2,622 million in 2017 and is likely to accrue a sum of $4,569 million by 2025, growing at a CAGR of 7.1% during the forecast period, 2018 to 2025.
The report elaborately analyzes the drivers, restraints, and opportunities of the regenerative medicine market. Factors such as availability of OIS with improved features, increase in prevalence of cancer cases, and advantages of OIS over conventional record maintenance practices drive the growth of the market. However, dearth of healthcare IT professionals and high costs associated with OIS systems hinder the growth of the market. Conversely, untapped potential of emerging markets and use of artificial intelligence (AI) in oncology information systems offer significant growth opportunities for the market.
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The report presents a detailed analysis of the segments of the oncology information system market. The market is classified into product & service, application, end user, and geography. Based on product & service, the study is bifurcated into software and service. The service segment accounted for one-fifth share of the total market and is expected to register a CAGR of 6.9% during the forecast period. Based on application, the market is divided into radiation oncology, medical oncology, and surgical oncology. The medical oncology segment accounted for $1,153.5 million in 2017 and is anticipated to reach $2,106.1 million by 2025, registering a CAGR of 7.7%. The end user segment is segmented into hospital & oncology clinic and research center. Regionally, the market analysis covers North America, Europe, Asia-Pacific, and LAMEA. In North America, U.S. dominated the oncology information systems market and is projected to retain this trend throughout the forecast period.
A broad analysis of the players operating in the oncology information systems market is also offered in the study. Details such as their overview, their business segments under operation, key strategic moves and developments, and more are explained. The companies profiled in the report include
- Accuray Incorporated,
- Bogardus Medical Systems, Inc.,
- Cerner Corporation,
- CureMD Corporation,
- Elekta AB,
- Flatiron Health, Inc.,
- Koninklijke Philips N.V.,
- McKesson Corporation,
- RaySearch Laboratories AB, and Varian Medical Systems, Inc.
The other players operating in the value chain are Charm Health, Siemens Healthcare, Epic Systems Corporation, Bizmatics, Inc., and Cordata Healthcare Innovations.
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