The growth of this market is mainly driven by the growing number of hospitals across major markets, increasing awareness about complication related to oncoogy treatment coupled with the increasing adoption of treatment planning systems. Moreover, rising R&D investments by the key players operating in the market to develop advanced oncology information systems coupled with growing funding & grants for commercialization and development of oncology information systems are other important factors to drive the market growth in the near future.
The radiotherapy treatment planing system subsegment of treatment planning systems products to hold major market share by 2025
Based on the product, the oncology information systems market is segmented software, and professional services. The software products segment is further divided into patient information systems, treatment planning systems,and treatment management systems & medical image analysis systems. Among the treatment planning systems products, the radiotherapy treatment planni ng systems segment held a major share of the market in 2019. The increase in the number of research activities focusing on the development of advanced radiotherapy delivery systems is a key factor encouraging the adoption of radiotherapy treatment planning systems. The integration of radiotherapy delivery systems with radiotherapy planning systems is enabling treatment delivery with high precision.