Oncology information system market is expected to grow at a considerable rate during the forecast period 2019-2025. An oncology information system is used to keep track of various aspects such as medical reports, prescriptions, payment status, bills, and assigned doctors related to patients and doctors. Nowadays, the data is maintained by hospital management through various software systems. The system is computerized assistance to the data generated through hospitals, clinics, and other healthcare institutions in order to increase operational efficiency. Some of the major factors augmenting the global oncology information system market include growing integration of advanced technology in the healthcare sector, increasing patient pool, substantial healthcare expenditure, and growing government-sponsored programs for cancer. With the integration of advanced technologies such as IoT, artificial intelligence, big data, and others, healthcare providers are switching from conventional to computer-assisted models for managing the operations efficiently.
Security concerns and reliability issues as well as interoperability issues further hamper the growth of the global market. Despite the barriers, the market is estimated to grow considerably due to opportunistic market scenarios in emerging economies of the globe such as India, China, Brazil, South Africa, and others. Growing ICT infrastructure in these economies is calculated to transform the healthcare sector at a substantial rate.
On the basis of oncology type, the global oncology information system market is segmented into medical oncology, surgical oncology, and radiation oncology. Further, the global oncology information system market on the basis of end-users is segmented into hospitals & clinics, diagnostic centres, and others. Oncology information system for hospitals & clinics is estimated to hold the major market share of the global market due to the rapid adoption of computerized management systems to handle a huge amount of healthcare data in the hospitals. Along with major market share, the segment is further estimated to grow with a considerable rate during the forecast period.
In the geographic overview, the global oncology information system market is analyzed for North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is estimated to hold the dominant share of the global oncology information system market due to the well-established understanding of technology in the healthcare sector and substantial healthcare expenditure in the economies such as the US and Canada. Further, the rising prevalence of cancer in the region and the presence of major market players further contribute to the growth of the market in the North American region. Furthermore, Asia-Pacific is calculated to grow with substantial rate during the forecast period.
Some of the players operating in the global oncology information system market include Cerner Corp., CharmHealth Pty Ltd., Cordata Healthcare Innovations, LLC, Epic Systems Corp., Koninklijke Philips N.V., Raysearch Laboratories, Siemens Healthineers, Inc., Verian Medical Systems, Inc., Allscripts Healthcare Solutions, Inc. and so forth.
Research Methodology:
The market study of the global oncology information system market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Authentic Public Databases such as the WHO, National Institute of Health, and American Cancer Society.
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog.
The report is intended for healthcare providers, software companies, research institutes, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Global oncology information system Market Research and Analysis by Oncology Type
- Global oncology information system Market Research and Analysis by End-User
The Report Covers:
- Comprehensive research methodology of the global oncology information system
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global oncology information system market.
- Insights about market determinants which are stimulating the global oncology information system market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
