Oncology Information System Market worth $2.6 Billion by 2019.
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 2014. 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. The global oncology information system market is estimated to grow at a CAGR of 8.5% from 2014 to 2019.
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