Oncology Information System Market worth $9.5 billion by 2025 - Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 17, 2021 /PRNewswire/ -- According to the new market research report "Oncology Information System Market by Software (Patient Information System, TPS, RIS, PACS, Services), Application (Medical, Radiation, Surgical Oncology), Enduser (Hospitals, Cancer Care Centers, Government Institution, Academia) - Global Forecast to 2025", published by MarketsandMarkets™, the Oncology Information Systems Market is projected to reach USD 9.5 billion by 2025 from USD 6.7 billion in 2020, at a CAGR of 7.4% during the forecast period.

Browse in-depth TOC on "Oncology Information System Market"

193 – Tables
36 – Figures
266 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1721676

The growth of this market is mainly driven by the growing number of hospitals across major markets, increasing awareness about complication related to oncoogy treatment coupled with the increasing adoption of treatment planning systems. Moreover, rising R&D investments by the key players operating in the market to develop advanced oncology information systems coupled with growing funding & grants for commercialization and development of oncology information systems are other important factors to drive the market growth in the near future.

The radiotherapy treatment planing system subsegment of treatment planning systems products to hold major market share by 2025

Based on the product, the oncology information systems market is segmented software, and professional services. The software products segment is further divided into patient information systems, treatment planning systems,and treatment management systems & medical image analysis systems. Among the treatment planning systems products, the radiotherapy treatment planni ng systems segment held a major share of the market in 2019. The increase in the number of research activities focusing on the development of advanced radiotherapy delivery systems is a key factor encouraging the adoption of radiotherapy treatment planning systems. The integration of radiotherapy delivery systems with radiotherapy planning systems is enabling treatment delivery with high precision.

Thus advantages offered by radiotherapy treatment planning software in radiation oncology are a major factor contributing to the growth of this market segment.

Based on application, the radiation oncology segment is expected to account for the largest share of the market in 2019

Based on application, the oncology information systems market has been segmented into theradiation oncology, medical oncology, and surgical oncology. Among these, the radiation oncology sub-segment dominated the market in 2019. The major share of the segment is attributed to the growing number of radiation treated cancer surviors The number of radiation-treated cancer survivors is expected to reach 4.17 million worldwide, by 2030.

The hospital segment is expected to register the highest growth rate during the forecast period

Based on end user, the oncology information systems market has been segmented into the hospitals & diagnostic imaging centers, ablation & cancer care centers, government institutions, and research facilities. Significant market growth and large share of hospitals & diagnostic imaging centers segment can primarily be attributed to the presence of advanced radiology wards in hospitals and the increasing number of ablation and radiosurgery procedures.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1721676

North America is expected to dominate the global oncology information systems market in 2019

North America, comprising the US and Canada, accounted for the largest share of the market in 2019. Increasing number of clinical trials validating oncology information systems and a growing number of approvals for oncology information systems are the major factors driving market growth in North America. Customers in North America are moving towards cancer care centers, which is increasing demand for oncology information systems. This trend will have a positive impact on the market.

Koninklijke Philips N.V. (Netherlands), Varian Medical Systems, Inc (US), McKesson Corporation (US), Siemens Healthineers (Germany), Elekta AB (Sweden), Epic Systems Corporation (US),  IBM (US), Cerner Corporation (US), Advanced Data Systems (US), Bogardus Medical Systems, Inc (US), F. Hoffmann-La Roche AG (Switzerland), AmerisourceBergen Corporation (US), GE Healthcare (US), Accuray Incorporated (US), OPTUM (a part of UnitedHealth Group) (US), Allscripts Healthcare Solutions, Inc. (US), MICA Information Systems, Inc. (US), CureMD Healthcare (US), EndoSoft LLC (US), and RaySearch Laboratories AB (Sweden), among others are some of the major players operating in the global oncology information systems market.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1721676        

Browse Adjacent Markets: Healthcare IT Market Research Reports & Consulting

Browse Related Reports:

Intraoperative Radiation Therapy Market by Technology (Electron IORT, Brachytherapy), Products & Services (Accelerators, Treatment Planning system, Applicators, Afterloaders, Accessories), Application (Breast, Brain, Lung Cancer) - Global Forecasts to 2025

https://www.marketsandmarkets.com/Market-Reports/intraoperative-radiation-therapy-market-245000083.html

Radiation Dose Management Market by Products & Services (Standalone Solutions, Integrated Solutions, Services), Modality (Computed Tomography, Nuclear Medicine), Application (Oncology, Cardiology, Orthopedic), End User (Hospitals) - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/radiation-dose-management-market-82326344.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/oncology-information-systems-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source:  https://www.marketsandmarkets.com/PressReleases/oncology-information-systems.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg