Global Cancer Registry Software Market is expected to foresee significant growth. North America to lead the growth!

Author: Himanshu Patni

13 March 2023

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.

The Cancer Registry Software Market is expected to grow at a steady rate of 10.5% owing to the increasing number of cancer patients around the world.

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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.

On the basis of 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.

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For a better understanding of the market adoption of the cancer registry software industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, 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 is expected to propel the cancer registry software market in the region such as Rocky Mountain Cancer, IBM, Omega Healthcare. Furthermore, government-funded efforts to support the development of cancer registries, and heavy investment in healthcare IT, are expected to significantly influence the market. Moreover, the growing number of cancer patients in the region is also expected to drive the market during the analysis time period.

Some of the major players operating in the market include 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 Segmentation

Market Insight, by Type

· Standalone

· Integration

Market Insight, by Deployment

· Cloud

· On-Premises

Market Insight, by Functionality

· Cancer Reporting

· Patient Care

· Medical Research

· Others

Market Insight, by End-Users

· Government

· Private Players

· Hospitals

· Biotech Pharma

· Others

Market Insight, by Region

· North America

o The U.S.

o Canada

o Rest of North America

· Europe

o Germany

o The U.K.

o France

o Italy

o Spain

o Rest of Europe

· Asia-Pacific

o China

o Japan

o India

o Rest of Asia-Pacific

· Rest of the World

Top Company Profiles

· 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

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