Oncology Information System Market Scope
The global oncology information system market is estimated to grow in the forecast period due to the development of technologically advanced OIS, increasing prevalence of cancer, rapidly aging population. However, a shortage of healthcare IT professionals and high maintenance and service expenditure are some of the key restraints hampering the market. Moreover, integration of oncology information systems for the treatment rare cancer types and increased usage of artificial intelligence (AI) in oncology information systems are expected to present new opportunities to market players in the near future.
The oncology information system market is moderately competitive and consists of several major players. In terms of market share, few of the major players are currently dominating the market. And some prominent players are vigorously making acquisitions and joint ventures with the other companies to consolidate their market positions across the globe. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Oncology Information System market throughout the predicted period.
Accuray Incorporated (United States), Altos Solutions, Inc. (United States), Cerner Corporation (United States), Elekta AB (Sweden), Epic Systems Corporation (United States), Koninklijke Philips N.V. (Netherlands), McKesson Corporation (United States) and Varian Medical Systems, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Oncology Information System market by Type (Software (Patient Information Systems, Treatment Planning Systems) and Professional Services (Consulting/Optimization Services, Implementation Services, Post-sale & Maintenance Services)), by Application (Medical Oncology, Radiation Oncology and Surgical Oncology) and Region with country level break-up.
On the basis of geography, the market of Oncology Information System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Development of Technologically Advanced OIS and Use of Artificial Intelligence (AI) in Oncology Information Systems
Market Growth Drivers:
Increasing Prevalence of Cancer and Rapidly Aging Population
Challenges:
Shortage of Healthcare IT Professionals
Restraints:
High Maintenance and Service
Opportunities:
Rising Medical Tourism owing to Low-Cost Treatments, Government-sponsored Cancer Programs and Untapped Potential of Emerging Markets
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Oncology Information System Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.