According to the Global Oncology Information System Market Research report, the market was worth USD 2 billion in 2016 and estimated to be growing at a CAGR of 8.41%, to reach USD 3 billion by 2021
Hyderabad, India -- (SBWIRE) -- 03/28/2018 -- Elements along with increasing government initiatives for modernization of healthcare infrastructure, developing affected person populace, and rising focus of worldwide and home gamers within the Asia-Pacific location are propelling growth on this marketplace.
The increase of the oncology information machine marketplace is pushed via elements inclusive of unexpectedly ageing population, rising number of cancer cases, and increasing recognition at the development of technologically superior OIS throughout the globe.
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According to the Global Oncology Information System Market Research report, the market was worth USD 2 billion in 2016 and estimated to be growing at a CAGR of 8.41%, to reach USD 3 billion by 2021. Government aid to most cancers research has also been drawing close in developed international locations, whilst the developing adoption of unhealthy way of life alternatives like sedentary life, immoderate consumption of junk food, and choice to addictions together with smoking and alcohol is likely to be a key driving force for the global oncology information gadget marketplace in the coming years.
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However, elements such as high protection and provider fees and the dearth of healthcare IT experts are restraining the growth of this marketplace. Furthermore, rising markets (along with China and India), strategic acquisitions, and multi-year contracts and agreements offer large opportunities for growth of the oncology records device market.
North America accounted for the largest share of the global oncology information system market, this high growth can be attributed to large patient population base, government-sponsored most cancers applications, rising traits of medical tourism as a result of low-value treatments, and growing cognizance of global market players on this locations.
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Market players are 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. (The Netherlands), McKesson Corporation (U.S.), and Varian Medical Systems, Inc. (U.S.).
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