Cancer Registry Software Market to grow by USD 82.3 million from 2022-2027, North America to account for 51% of market growth- Technavio
NEW YORK, Sept. 13, 2023 /PRNewswire/ -- The cancer registry software market size is expected to grow by USD 82.3 million from 2022 to 2027. In addition, the momentum of the market will progress at a CAGR of 12.13% during the forecast period, according to Technavio Research. The market has been segmented by End-user (Government and third party, Pharma biotech and medical device company, Hospitals and medical practice, Private payers, and Research institutes), Type (Stand-alone software and Integrated software), and Geography (North America, Europe, Asia, and Rest of World (ROW)). North America will contribute 51% to the growth of the global market during the forecast period. The majority of the market growth in this region is driven by the high adoption of technology, increasing burden of cancer cases, favorable government funding to encourage the development of cancer registries, growing investments in information technology in healthcare, and rising focus on value-based care. In addition, the increasing presence of prominent vendors and the use of EHRs in hospitals are driving the growth of the cancer registry software market in North America. The US and Canada are the key markets for cancer registry software in North America. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read FREE PDF Sample Report
CDC, Conduent Inc., Elekta AB, ERS Inc., Inspirata Inc., International Association of Cancer Registries, International Business Machines Corp., McKesson Corp., NeuralFrame Inc., OMH HealthEdge Holdings LLC, Onco Inc., Ordinal Data Inc., Redsson Ltd., Siemens Healthineers AG, University of Utah Health
CDC: The company offers cancer registry software such as Registry Plus.
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Cancer Registry Software Market: Segmentation Analysis
By Segment - The government and third-party segments will be significant during the forecast period. Suh software solutions are designed to help government hospitals and third-party agencies collect, manage, and analyze data on cancer cases. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report
"Besides analyzing the current market scenario, our report examines historic data from 2017 to 2021"- Technavio
Cancer Registry Software Market: Driver & Trend:
- Growing prevalence of cancer cases
- Growing number of cancer registries
- Increasing partnerships to improve cancer registries
The growing prevalence of cancer cases is one of the key factors likely to drive the market positively during the forecast period. Medical researchers need up-to-date data related to cancer such as population diagnosed with cancer, patients undergoing treatment, and mortality rate to monitor trends and study the possible causes of cancer. Breast, cervical, and prostate cancers are highly prevalent among the population in the US and European countries. Healthcare providers need data related to cancer incidences for decision-making regarding the volume of equipment and medicines to be purchased for treatment and awareness. These factors will further drive the cancer registry software market's growth during the forecast period.
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What are the key data covered in this cancer registry software market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the cancer registry software market between 2022 and 2027.
- Precise estimation of the cancer registry software market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across North America, Europe, Asia, and ROW
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of cancer registry software market vendors.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Market Segmentation by Geography
Drivers, Challenges, & Trends
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