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Oncology Information System Market worth $2.6 Billion by 2019
The report “Oncology Information System Market by Software (Patient Information System & TPS), & Professional Service), Application (Medical, Radiation, & Surgical Oncology), End User (Hospital, Government Institution, & Research Center) - Global Forecasts to 2019”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Browse 76 market data tables and 27 figures spread through 210 pages and in-depth TOC on “Oncology Information System Market by Software (Patient Information System & TPS), & Professional Service), Application (Medical, Radiation, & Surgical Oncology), End User (Hospital, Government Institution, & Research Center) - Global Forecasts to 2019"
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This report studies the global oncology information system (OIS) market over the forecast period of 2014 to 2019. The market is expected to reach $2.6 billion by 2019 at a CAGR of 8.5% from 2014 to 2019.
On the basis of products and services, the global oncology information system market is classified into two major segments, namely, software and professional service. The software segment is further divided into two segments, namely, patient information systems and treatment planning systems. Likewise, the professional services segment is further divided into three segments, namely, consulting/optimization, implementation, and post-sale & maintenance services.
The global oncology information system market is divided into medical, radiation, and surgical oncology based on applications. On the basis of end users, the global oncology information system market is divided into three major segments, namely, hospitals & physicians offices, Governmental institutions, and research centers.
Factors such as technological advancements in OIS, rising incidence of cancer cases, increasing number of cases related to recurrence of secondary tumor, rising adoption of OIS, and developing healthcare infrastructure (especially in emerging nations) are driving the growth of the global oncology information system market. However, factors such as shortage of healthcare IT professionals and unfavorable healthcare reforms in the U.S. restrict the growth of this market.
As of 2014, North America accounted for the largest share of the global oncology information system market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 11.5% from 2014 to 2019. This high growth can be attributed to huge patient population base, government-sponsored cancer programs, rising trends of medical tourism owing to low-cost treatments, and increasing focus of global market players on developing nations.
Some of the major players in the global oncology information system market are Accuray Incorporated (U.S.), Altos Solutions, Inc. (U.S.), Cerner Corporation (U.S.), Elekta AB (Sweden), Epic Systems Corporation (U.S.), Koninklijke Philips N.V. (The Netherlands), McKesson Corporation (U.S.), and Varian Medical Systems, Inc. (U.S.).
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