MarketsandMarkets Presents Global Forecast and Opportunities in Oncology Information System Market market html

The report “Oncology Information System Market by Software (Patient Information System & TPS), & Professional Service), Application (Medical, Radiation, & Surgical Oncology), End User (Hospital, Government Institution, & Research Center) - Global Forecasts to 2019”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and Rest of the World (RoW).Oncology Information System Market Browse 76 market data tables and 27 figures spread through 210 pages and in- depth TOC on “Oncology Information System Market by Software (Patient Information System & TPS), & Professional Service), Application (Medical, Radiation, & Surgical Oncology), End User (Hospital, Government Institution, & Research Center) - Global Forecasts to systems-market html systems-market html

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This report studies the global oncology information system (OIS) market over the forecast period of 2014 to The market is expected to reach $2.6 billion by 2019 at a CAGR of 8.5% from 2014 to 2019.

On the basis of products and services, the global oncology information system market is classified into two major segments, namely, software and professional service. The software segment is further divided into two segments, namely, patient information systems and treatment planning systems. Likewise, the professional services segment is further divided into three segments, namely, consulting/optimization, implementation, and post- sale & maintenance services. The global oncology information system market is divided into medical, radiation, and surgical oncology based on applications. On the basis of end users, the global oncology information system market is divided into three major segments, namely, hospitals & physicians offices, Governmental institutions, and research centers

html Factors such as technological advancements in OIS, rising incidence of cancer cases, increasing number of cases related to recurrence of secondary tumor, rising adoption of OIS, and developing healthcare infrastructure (especially in emerging nations) are driving the growth of the global oncology information system market. However, factors such as shortage of healthcare IT professionals and unfavorable healthcare reforms in the U.S. restrict the growth of this market. As of 2014, North America accounted for the largest share of the global oncology information system market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 11.5% from 2014 to This high growth can be attributed to huge patient population base, government-sponsored cancer programs, rising trends of medical tourism owing to low-cost treatments, and increasing focus of global market players on developing nations.

html On the basis of type of products and services, the global oncology information system market has been divided into two major segments, namely, software and professional services. The software segment is further classified into patient information systems and treatment planning systems. Likewise, the professional services segment is further divided into consulting/optimization, implementation, and post-sale & maintenance services. The patient information systems segment accounted for the largest share of this global market in Furthermore, the treatment planning systems segment is expected to grow at the highest CAGR in the next five years, owing to various growth strategies followed by market players and technological advancements in the field of radiation oncology. On the basis of type of application, the global market is classified into three major segments, namely, medical, radiation, and surgical oncology. The medical oncology segment accounted for the largest share of the global oncology information system market in 2014, and it is expected to grow at the highest CAGR of in the next five years, owing to the technological developments in the field to provide advanced cancer care.

On the basis of type of end user, the global market is classified into three segments, namely, hospitals & physician's offices, governmental institutions, and research centers. The hospitals & physician's offices segment accounted for the largest share of this global market in 2014, and it is expected to grow at the highest CAGR of 9.7% in the next five years, owing to a significantly large number of cancer cases and rising adoption of technologically advanced cancer treatment systems in hospitals globally.

On the basis of geography, this market is classified into four regions, namely, North America, Europe, Asia-Pacific, and Rest of the World. In 2014, the global oncology information system market was dominated by North America. A number of factors such as increasing number of cancer cases, increased investment in healthcare IT, and high adoption rate of technologically advanced systems in North American countries are driving the growth of this global market in the North American region. The Asia- Pacific market is expected to grow at the highest CAGR of 11.5% from 2014 to 2019 due to factors such as large population base, increasing initiatives related to modernization of healthcare infrastructure, and rising government efforts to broaden public access for modern healthcare systems.

Agreements and partnerships, and strategic acquisitions are the key strategies adopted by the major players to strengthen their product portfolio and expand their geographic presence to sustain their position in the market. Accuray Incorporated (U.S.), Altos Solutions, Inc. (U.S.), Cerner Corporation (U.S.), Elekta AB (Sweden), Epic Systems Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), McKesson Corporation (U.S.), and Varian Medical Systems, Inc. (U.S.), among others are the key players operating in the global market.

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