USD 2.5 Billion
Report ID:
SQMIG35A2458 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|Tables:
90
|Figures:
76
Oncology Information Systems Market size was valued at USD 2.21 Billion in 2023 and is poised to grow from USD 2.38 Billion in 2024 to USD 4.38 Billion by 2032, growing at a CAGR of 7.9% during the forecast period (2025-2032).
OIS not only helps hospitals, clinics, research labs and other healthcare systems manage and optimize cancer care solutions but also exchanges patient data between organizations to improve treatment quality and enhance patient safety. Governments have increased investments in research and development related to oncology thereby boosting the oncology information systems market growth.
The increasing demand for OIS to facilitate patient information and data management has increased the demand for various OIS software packages. Increased industry investment in cancer research is predicted to drive the market growth. The market will witness significant growth soon and companies are increasingly investing in new product-technology development especially in the cancer industry. Investing in key players in OIS development could be a great opportunity due to the huge influx of funding and budgets for the healthcare sector.
OIS also ensuring that physicians are delivering treatment plans to the right patients with the right time and thereby guaranteeing an effective treatment by providing complete information about RT and the treatment results to clinicians whenever needed for the evaluation process and to enhance the treatment quality. Additionally, the demand for medical planning systems will see growth in the future due to its benefits, such as collecting more needs data, retrieving information and assisting physicians in developing treatment plans for various patients.
Global Market Size
USD 2.5 Billion
Largest Segment
Solutions
Fastest Growth
Solutions
Growth Rate
7.9% CAGR
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Global Oncology Information Systems Market is segmented based on Product, Application, End User and region. Based On Product & Services, the market is segmented into Software, Patient Information Systems, Radiology Information systems, Oncology Electronic Medical Record (EHR), Laboratory Information Systems, Chemotherapy Information System, Treatment Planning Systems, Clinical Decision Support Systems, Radiotherapy Treatment Planning Systems, Brachytherapy Treatment Planning Systems, Treatment Management Systems & Medical Image Analysis Systems, Population Health Management, Clinical Integration Solutions, Picture archiving and communication System (PACS) & VNA, Advanced Visualization & Image Analysis Solutions, Radiation Dose Management Solutions, Professional Services, Consulting/Optimization Services, Implementation Services, Post-Sale and Maintenance Services. Based on Application the market is segmented into Medical Oncology, Radiation Oncology, Surgical Oncology. Based on End User the market is segmented into Hospitals & Diagnostic Imaging Centers, Ablation Care Centers and Cancer Care Centers, Government Institutions, Research Facilities. Based on region the global Oncology Information Systems Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Application
The medical oncology segment accounted for the largest global revenue share of 61.5% in 2023. Immunotherapy, hormonal therapy, and targeted therapy effectively treat a variety of cancers. Furthermore, several initiatives related to cancer research are being undertaken by key players, significantly influencing the growth of the market in a positive manner. Medical oncology regulates drugs, hormones, and other anti-cancer programs. Medical oncologists rely heavily on OIS to manage intensive care for cancer patients. OIS platforms provide features such as treatment planning, medication dosage estimation, monitoring of side effects, to reduce risks, ensure quality outcomes. These systems facilitate the integration of medical oncology with other disciplines, such as radiation and surgical oncology will be integrated, providing a comprehensive view of patient care.
As per the oncology information systems market outlook, the surgical oncology segment is also expected to grow significantly during the forecast period. Cancer care has evolved rapidly over the decades. Surgery is not a cure for most solid malignancies, but the combination of surgery and multimodality focuses on radiotherapy, targeted molecular therapy, and chemotherapy. Certain surgeries, such as surgical cytoreduction, isolated organs, laparoscopic cancer surgery, and sarcoma surgery may be performed in more specialized healthcare facilities. Performing surgical procedures is expected to become more challenging in order to drive the growth of the market.
Analysis by Product & Services
The software segment has come to dominate the market due to the increasing number of cancer patients worldwide and trials related to the diagnosis and treatment of cancer patients. Software is a set of instructions, data, or programs used to run computers and perform specific tasks. The use of software systems in cancer management can help control the rising cost of oncology care and improve the efficiency of oncology care by reducing medical errors and is expected to contribute significantly to the market. The oncology information systems are a software solution that manages departmental, administrative, and clinical operations.
As per oncology information systems market analysis, the solutions segment held the largest global revenue share of 73.6% in 2023. The segment is also expected to register the fastest growth rate during the forecast period. This segment dominates the market due to increasing acceptance by healthcare professionals for adequate radiology imaging procedures. These solutions help capture outcomes reported by cancer patients and facilitate direct communication between patients and physicians, allowing this segment to grow. Higher rates may further lead to the development of more advanced OIS solutions, which help improve patient data management and improve cancer treatment. However, administrative roles are increasingly recognized as more hospitals and clinics use OIS function to others.
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As per oncology information systems market outlook, the North America regional market accounted for the largest revenue share at 38.3% in 2023. The major factors driving this growth were availability of advanced healthcare infrastructure, increased awareness in patient data management in the region. The increasing adoption of OIS to track and record treatment results of cancer patients and the rising importance of EMR for making better treatment decisions are expected to boost the regional market growth. The increasing importance of treatment regimen monitoring, dosing and treatment planning is also expected to increase the demand for OIS in this region.
Additionally, many global players are active in the industry, such as Acure Inc. Asia-Pacific is expected to register the fastest growth rate of 8.9%. However, OIS appears to be in high demand in Asian countries, to supportive government policies, and gradual progress towards greater awareness. This region may serve as a revenue pocket for players wishing to tap into the potential of this region. Thus, players looking to gain a larger share in this market must formulate specific pricing strategies and marketing strategies specially tailored for this segment to help them gain a foothold in these lucrative markets.
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Oncology Information Systems Market Drivers
Rising Prevalence of Cancer
Advances in Healthcare IT
Oncology Information Systems Market Restraints
Increased Operating and Maintenance Costs
Data Protection and Privacy Issues
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The oncology information systems market is marked by fierce competition, with key players focusing on innovations, partnerships and strategic acquisitions to strengthen their market position. Leading companies using advanced technologies such as artificial intelligence (AI), machine learning and cloud computing to enhance their solutions. These companies aim to provide advanced platforms that seamlessly integrate with existing healthcare IT infrastructure, ensuring better patient care and efficiency.
Oncology Information Systems Market Top Player’s Company Profiles
Oncology Information Systems Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to SkyQuest analysis, the oncology information systems market is poised for tremendous growth, with increasing cancer prevalence and improvements in healthcare IT. OIS platforms are central to oncology care, streamlining workflows and enabling accurate treatment planning. Key trends such as the integration of artificial intelligence and the adoption of cloud-based solutions are reshaping the market landscape, making these systems more accessible and efficient. However, the market faces significant constraints, including high implementation costs and data security concerns, limiting adoption especially in resource-constrained sectors. Despite these challenges, the increasing demand for personalized medicine and predictive analytics in oncology care highlights the critical role of OIS in patient outcomes. With continued technological advancements and investments in cybersecurity, the market is expected to overcome these barriers and achieve sustained growth.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.5 Billion |
Growth Rate | 7.9% |
Base year | 2023 |
Forecast period | 2024-2031 |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Oncology Information Systems Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Oncology Information Systems Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Oncology Information Systems Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Oncology Information Systems Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35A2458
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