What is Cancer Registry Software Market?
A cancer registry software is a software that is designed for the collection, storage, and management of data on persons with cancer. Registries play a critical role in cancer surveillance, which tells us where the efforts to reduce the cancer burden. The data also serve as a foundation for cancer research and are used to plan and evaluate cancer prevention and control interventions. The cancer registry software market is expected to grow in the future due to increasingly favorable government initiatives and rising pressure to improve the quality of care.
Highlights from Cancer Registry Software Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Elekta (Sweden), Onco, Inc. (United States), CNET Global Solutions (United States), Rocky Mountain Cancer Data Systems (RMCDS) (United States), McKesson Corporation (United States), Electronic Registry Systems, Inc (United States), Conduent, Inc (United States), IBM (United States) and Himagine solutions inc (United States) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Cancer Registry Software market throughout the forecasted period.
Elekta (Sweden), Onco, Inc. (United States), CNET Global Solutions (United States), Rocky Mountain Cancer Data Systems (RMCDS) (United States), McKesson Corporation (United States), Electronic Registry Systems, Inc (United States), Conduent, Inc (United States), IBM (United States) and Himagine solutions inc (United States) are some of the key players profiled in the study. Cancer Registry Software Market Segmentation:
Scope | Sub-Segments |
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Type | Standalone Software and Integrated Software |
Functionality | Cancer Reporting to Meet State & Federal Regulations,Patient Care Management,Product Outcome Evaluation,Medical Research and Clinical Studies |
Database | Commercial Database,Public Databases |
Deployment Model | On-Premise Models,Cloud-Based Models |
End User | Government Organizations & Third-party Administrators (TPAS),Hospitals & Medical Practices,Pharmaceutical, Biotechnology, & Medical Device Companies,Private Payers,Research Centers |
On the basis of geography, the market of Cancer Registry Software 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growth of Cloud-Based Cancer Patient Registry Solutions and Government Funding Initiatives to Encourage the Development of Cancer Registries
Market Growth Drivers:
Growing Prevalence of Cancer, Rising Pressure to Improve the Quality of Care and Reduce Healthcare Costs and Increasing Adoption of Electronic Healthcare Record Systems
Challenges:
Lack of Interoperability and Integration and Lack of Awareness
Restraints:
Privacy and Data Security Concern
Opportunities:
Rising Number of Accountable Care Organizations and High Investments in Healthcare IT
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Cancer Registry Software Developer, Government Regulatory and Research Organizations and End-Use Industry
Market Leaders & Development Strategies
In Jan 2018, Elekta announced it is collaborating with IBM Watson Health to offer Watson for Oncology with Elekta’s cancer care solutions. Under the terms of a new agreement, Elekta will sell Watson for Oncology beginning in early 2018 as a clinical decision support (CDS) solution paired within Elekta’s digital cancer care solutions, including the Mosaiq oncology information system (OIS).
In April 2018, Elekta announced that it is making a strategic investment in PalabraApps, LLC to advance the development of Elekta's clinical workflow productivity and mobility tools. Tools developed through this investment will provide customers with innovative solutions that are fully integrated with Elekta's MOSAIQ® Oncology Information System to address the growing need for enhanced clinical efficiency and quality control.