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Oncology Information System (OIS) Market Size

Report ID: GMI6110
Published Date: Jun 2023
Report Format: PDF

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Oncology Information System Market Size

Oncology Information System Market size accounted for USD 3.1 billion in 2022 and is estimated to grow at 7.9% to reach USD 6.6 billion by 2032. Government initiatives aimed at improving cancer care infrastructure, increasing usage of digital health technologies, and enhancing patient outcomes through proper data management will contribute to the market growth.

Oncology Information System Market

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Also, funding and grants provided by government bodies and research organizations is expected to fuel the advancements in OIS technology. For instance, as per the National Cancer Institute (NCI) report, the Consolidated Appropriations Act, 2023, allocated USD 7.3 billion to National Cancer Institute (NCI) including USD 216 million for the NCI component of the Cancer Moonshot.

Oncology information systems (OIS) refer to specialized software solutions designed to streamline and optimize the management of patient information, treatment plans, and clinical workflows in the field of oncology.

Oncology Information System Market Report Attributes
Report Attribute	Details
Base Year:	2022
Oncology Information System Market Size in 2022:	USD 3.1 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7.9%
2032 Value Projection:	USD 6.6 Billion
Historical Data for:	2018 to 2022
No. of Pages:	220
Tables, Charts & Figures:	259
Segments covered:	Products & Services, Application, End-use, and Region
Growth Drivers:	Increasing prevalence of cancer Growing government initiatives for cancer Technological advancements and growing emphasis on precision medicine
Pitfalls & Challenges:	Dearth of skilled professionals Data security and privacy concerns

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Oncology information system industry size reached USD 3.1 billion in 2022 and will record USD 6.6 billion in revenue by end of 2032 due to the surge in usage of digital health technologies worldwide.

Radiation oncology information system industry share is estimated to reach USD 1.9 billion by end of 2032 due to the rising number of radiosurgeries.

North America held 42.3% market share of the oncology information system market share in 2022 and is anticipated to expand through 2032 owing to the strong presence of well-established healthcare IT ecosystem in the region.

Some of the major oncology information system companies include Elekta, Accuray Inc., Varian Medical Systems, RaySearch Laboratories, and Oracle Corporation, among others