Cancer Registry Software Market - Industry Size, Share, Growth

Cancer registry software is a database or information system that helps collect information about cancer patients. One of the key factors driving the growth of the global cancer registry software market is the increasing incidence of cancer across the globe. For instance, according to the California Institute for Regenerative Medicine (CIRM) prostate cancer is the second leading cause of cancer death among men in the U.S., with a 60% occurrence rate in men over the age of 65. Approximately 61,860 patients are expected to die from prostate cancer in California in the year 2021. Cancer registry software helps track and monitor the health status of patients suffering from cancer. Data collected using cancer registry software helps researchers and doctors develop therapies to treat cancer. Therefore, the global cancer registry software market is expected to grow in the coming years.

In addition, the rising geriatric population is also boosting the growth of the cancer registry software market during the forecast period. Data collected by cancer registry software helps stop the spread of cancer around the world. The software also helps governments track patients in specific locations and regions. As a result, this factor is supporting the growth of the global cancer registry software market.

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According to UnivDatos Market Insights (UMI)’ research report “Global Cancer Registry Software Market”, the market is expected to witness robust growth during the forecast period (2022-2028).

Based on type, the market is segmented into standalone and integration. The standalone segment is expected to grow significantly during the forecast period. Standalone cancer registry software integrated with the latest and most advanced features. It is also easy to use and operate. Standalone cancer registry software also helps reduce overhead. Therefore, all these factors are driving the growth of the segment.

Based on the deployment, the market is bifurcated into on-premises and cloud. The on-premise segment dominated the cancer registry software market in 2021. On-premise cancer registry software is primarily used by research institutions that conduct cancer research. On-premise cancer registry software offers advanced features for easy data storage such as security and easy accessibility. On-premise cancer registry software is less risky compared to other types of models. As such, on-premise cancer registry software is widely used in hospitals and research centers.

North America to witness extensive growth

For a better understanding of the market adoption of the Cancer Registry Software Market industry, the market is analyzed based on its worldwide presence in the countries such as North America (The U.S., Canada, Rest of North America), Europe (Germany, The U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The North American region is leading the cancer registry software market and is expected to maintain this during the forecast period. The presence of key market players in the region is expected to propel the cancer registry software market in the region. Furthermore, government-funded efforts to support the development of cancer registries and heavy investment in healthcare IT are expected to significantly influence the market growth during the anticipated period. Moreover, the growing number of cancer patients in the region is also expected to drive the market during the analysis time period.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Cancer Registry Software Market are Rocky Mountain Cancer Centers, MCKESSON CORPORATION, Netdox Health Pvt. Ltd, Elekta, IBM, C-Net Solutions, Ordinal Data Inc., Omega Healthcare, Energy & Resource Solutions, Conduent, Inc.

“Global Cancer Registry Software Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1. By Type (Standalone and Integration)

2. By Deployment (On-Premises and Cloud)

3. By Functionality (Cancer Reporting, Patient Care, Medical Research, and Others)

4. By End-User (Government, Private Players, Hospitals, Biotech Pharma, and Others)

5. By Region (North America, Europe, Asia-Pacific, Rest of the World)

6. By Company (Rocky Mountain Cancer Centers, MCKESSON CORPORATION, Netdox Health Pvt. Ltd, Elekta, IBM, C-Net Solutions, Ordinal Data Inc., Omega Healthcare, Energy & Resource Solutions, Conduent, Inc.)

Key questions answered in the study:

1. What are the current and future trends of the global cancer registry software market industry?

2. How the industry has been evolving in terms of type, deployment, functionality and end-user.?

3. How the competition has been shaping across the countries followed by their comparative factorial indexing?

4. What are the key growth drivers and challenges for the global cancer registry software market industry?

5. What is the customer orientation, purchase behavior, and expectations from the global cancer registry software market suppliers across various region and countries?