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Latin America Oncology Information System Market is to reach USD 350 million by 2021

(Entertainment-NewsWire.com, November 27, 2017 ) According to the Latin America Oncology Information System Market Research Report, the market was worth USD 240 million in 2016 and estimated to be growing at a CAGR of 7.86%, to reach USD 350 million by 2021. Oncology information system tracks patient information such as patient history and diagnostic details, as well as prescriptions and treatment patterns. Oncology information system market has developed rapidly from the rising need to keep track of the diverse aspects of oncology treatments and the growing use of digital tools in healthcare for the purpose of storage of data.
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In addition to the functions mentioned above, this software is used in predicting treatment outcomes, planning the treatment of patients accordingly, and in exchanging cancer patient information across the overall healthcare organizations. These advantages improve the efficiency and safety of cancer therapy for patients. Oncology information systems help surgeons and physicians in choosing the most appropriate therapy so as to improve the survival rate of cancer patients.
The driving factors of Latin America oncology information system industry are development of technologically advanced OIS, rapidly aging population, growing prevalence of cancer, and increasing adoption of oncology information system among others. However, this market is constrained by factors such as high maintenance and service expenditure and shortage of healthcare IT professionals among others.
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Oncology Information System Market Segmentation by application into Surgical Oncology, Medical Oncology and Radiation Oncology. On the basis of products and services, the market is categorised into Patient Information Systems, Treatment Planning Systems, Consulting/Optimization Services, Implementation Services and Post-Sale and Maintenance Services. By end users, the market is divided into Hospitals & Physician’s Offices, Research Centres and Government Institutions.
Oncology Information System Market Geography into Brazil, Argentina, Chile, Peru and other parts of the region. Factors such as growing incidence of cancer and rapidly aging population are expected to drive the market growth in the region.
Oncology Information System 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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Market Segmentation

1)Application
• Surgical Oncology
• Medical Oncology
• Radiation Oncology
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application

2)Products and Services
• Patient Information Systems
• Treatment Planning Systems
• Consulting/Optimization Services
• Implementation Services
• Post-Sale and Maintenance Services
• Y-o-Y Growth Analysis, By Products and Services
• Market Attractiveness Analysis, By Products and Services
• Market Share Analysis, By Products and Services

3)End Users
• Hospitals & Physician’s Offices
• Research Centres
• Government Institutions
• Y-o-Y Growth Analysis, By End Users
• Market Attractiveness Analysis, By End Users
• Market Share Analysis, By End Users

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