Emergen research’s latest document, titled ‘Oncology Informatics Market’ is one of the most sought-after market reports involving an in-depth analysis of the global Oncology Informatics Market. The report’s authors have offered necessary details on the latest Oncology Informatics Market trends and the crucial parameters impacting both short-term and long-term market growth.
The global Oncology Informatics market is forecasted to be worth USD 8.01 Billion by 2027, according to a current analysis by Emergen Research. The oncology informatics market is growing due to an increase in the number of cancer patients and the rise in the adoption of advanced technologies.
The integration of oncology informatics with Blockchain technology and increasing investment opportunities in the developing and developed nations such as Brazil, and China, coupled with advancement in the precision medicine technology, are some of the opportunities that will drive the market technology in the coming years. However, despite these benefits, some of the challenges of the market are the dearth of a medical oncologist, the high cost of installation and lack of interoperability. Concerns regarding the data security concerns will also hinder the demand for the product.
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Some Key Highlights from the Report:
In June 2020, Philips announced a collaboration with MD Anderson’s Precision Oncology Decision Support (PODS) system to allow the physicians globally to personalize therapy based on the patient’s genomic profile to improve patient care.
PHM or population health management is applied to chronic disease management with extensive data analysis. The purpose of the process is to enhance the patient outcome and overall cost. The information helps in developing actionable treatment steps for individual or specific groups.
Pharmaceutical organizations are primary end-users of the oncology informatics market due to the usage of the solutions, which will increase the workflow of the facilities and enhance the quality of care.
The leading market contenders listed in the report are:
Elekta AB, Hologic, Inc., Cerner Corporation, F. Hoffmann-La Roche Ltd., Inspirata, Inc., IBM Corporation, Laboratory Corporation of America , Holdings, Koninklijke Philips N.V., PerkinElmer, Inc., McKesson Corporation
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Market Segmentations of the Oncology Informatics Market
Type Outlook (Revenue, USD Billion; 2017-2027)
Population Health Management (PHM)
Drug Discovery and Development Informatics
Electronic Health Records (EHRs)
Clinical Decision Support System (CDSS)
Image Analytics
End Users Outlook (Revenue, USD Billion; 2017-2027)
Life Science Industry
Academic Institutes and Research Centers
Pharmaceutical Industry
Contract Research Organizations (CROs)
Others (Hospitals and Other Care Facilities)
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Regional Analysis:
The report sheds light on the region expected to dominate the Oncology Informatics market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Oncology Informatics market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region
Table of Contents
Executive Summary
Research Methodology
Market Overview
Regional Landscape
Global Market Analysis and Forecast by Types
Global Market Analysis and Forecast by Applications
Global Market Analysis and Forecast by Regions
North America Market Analysis and Forecast
Europe Market Analysis and Forecast
Asia Pacific Market Analysis and Forecast
Latin America Market Analysis and Forecast
Middle East & Africa Market Analysis and Forecast
Competitive Landscape
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