The North American oncology information system market is estimated to grow at a CAGR of 7.9% during the forecast period to reach nearly $1.5 billion in 2025 from $800 million in 2018. The growth of the market is attributed to the increasing prevalence of cancer and significant awareness regarding the early diagnosis and treatment of the condition in the region. There is a significant rise in the cancer incidences in the region. As per the World Health Organization (WHO), in 2018, the number of new cancer incidences in the region reported was nearly 2.4 million, which accounted for 13.2% of the global cancer incidences. North American population has significant awareness regarding cancer and favorable reimbursement and insurance policies are supporting to drive the demand for early diagnosis and treatment in the region. For instance, Medicare Part B covers several medically important cancer-associated services and treatments offered on an outpatient basis.
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The North American Oncology Information System market is segmented on the basis of oncology type and end-user. On the basis of oncology type, the market is segmented into medical oncology, radiation oncology, and surgical oncology. Medical oncology segment dominated the market in 2018 and is further estimated to continue the same trend over the forecast period. Medical oncology includes immunotherapy, chemotherapy, targeted therapy, and hormonal therapy. With the increasing number of cancer cases, the use of these therapies increases, which in turn, drives the segmental growth of the market. In addition, the key players such as Elekta AB, Verian Medical Systems, Inc., and Cerner Corp., contribute significantly to the segmental growth of the market. For instance, MOSAIQ Medical Oncology system offered by Elekta AB efficiently manage all the chemotherapy program, ranging from diagnosis to treatment post-follow-up. Additionally, it manages medical record of patient for multiple treatment types and reduces errors and inefficiencies. Furthermore, based on the end-user, the market is classified into hospitals and clinics, diagnostic centers, and others.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North American Oncology Information System Market by Oncology Type
- Medical Oncology
- Surgical Oncology
- Radiation Oncology
North American Oncology Information System Market by End-User
- Hospitals & Clinics
- Diagnostic Centers
- Others (Research Institute)
Regional Analysis
- US
- Canada
Company Profiles
- Accuray, Inc.
- AdvancedMD, Inc.
- Allscripts Healthcare Solutions, Inc.
- Bizmatics, Inc.
- Carevive Systems, Inc.
- Cerner Corp.
- Elekta AB
- Epic Systems Corp.
- Hoffmann-La Roche AG
- IBM Corp.
- Koninklijke Philips N.V.
- Mckesson Corp.
- Medical Information Technology, Inc.
- RaySearch Laboratories AB
- Siemens AG
- Syapse Inc.
- Varian Medical Systems, Inc
The Report Covers
- Comprehensive research methodology of North American Oncology Information System market.
- 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 North American Oncology Information System market.
- Insights about market determinants that are stimulating North American Oncology Information System market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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