San Francisco, 20 February 2019: The Report Oncology Information Systems Market Size, Share & Trends Analysis Report By
Products & Services (Software, Professional Services), By Application
(Medical, Surgical, Radiation), And Segment Forecasts, 2019 - 2026
The global oncology information systems market size is expected to reach USD 3.4 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 8.4% during the forecast period. Increasing prevalence of cancer and several initiatives pertaining to cancer research taken by major players are among the key driving factors for market growth.
Increasing investment in the field of
oncology are among the factors expected to drive the oncology information
system market over the forecast period. For instance, in 2018, Varian announced
the acquisition of Noona Healthcare. Noona’s patient software application will
help in capturing cancer patient-reported outcomes and facilitate direct
communication with the patients. This acquisition will help Varian to boost its
oncology software services. General Atlantic a Connecticut based company
invested around USD 200 million for launching OneOncology, a company designed
for helping community oncology practices with the technology data, innovation
and research by leveraging the scale. Thus, these factors are expected to drive
the OIS market growth.
Key players are also taking initiatives for developing
more advanced OIS with an aim for bringing improvement in the cancer treatment.
For instance, Elekta announced investment in PalabraApps LLC for the
development of advanced Elekta Clinical workflow mobility and productivity
tools. The tools developed through these investments will provide the customers
with solutions, which are fully integrated with the Elekta's Mosaiq OIS for
addressing the growing need of enhanced clinical efficiency and quality
control. Such initiatives are anticipated to propel the oncology information
system market during the forecast period.
Access Research Report of Oncology Information Systems Market
@ www.grandviewresearch.com/industry-analysis/oncology-information-systems-market
Further key findings from the report suggest:
· In terms of revenue, software segment is
estimated to expand at the highest CAGR over the forecast period, attributed to
the benefits offered by software, such as streamlining and fine-tuning the
patient management and data management processes
· Medical oncology is expected to register
highest CAGR among application segment over the forecast period owing to the
factors, such as increasing usage of chemotherapy, targeted therapy, and
hormonal therapy
· Asia Pacific is expected to witness the
fastest CAGR over the forecast period. Various government initiatives and
increasing healthcare expenditure are anticipated to drive the regional growth
· Few key players operating in the oncology
information systems market are Elekta AB, Varian Medical Systems, Accuray
Incorporated, Cerner Corporation, RaySearch Laboratories and Flatiron.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented the
global oncology information systems market on the basis of products and
services, application, and region:
Oncology Information Systems Products and
Services Outlook (Revenue, USD Billion, 2014 - 2026)
·
Software
·
Professional Services
Oncology Information Systems Application
Outlook (Revenue USD Billion; 2014 - 2026)
·
Medical Oncology
·
Radiation Oncology
·
Surgical Oncology
Oncology Information Systems Regional
Outlook (Revenue, USD Billion; 2014 - 2026)
·
North America
·
Europe
·
Asia-Pacific
·
Latin America
·
MEA
Access Press Release of
Oncology Information Systems Market@ www.grandviewresearch.com/press-release/global-oncology-information-systems-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range of
industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com