NEW YORK, July 17, 2024 /PRNewswire/ — The global cancer registry software market size is estimated to grow by USD 97.1 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 12.75% during the forecast period. Growing prevalence of cancer cases is driving market growth, with a trend towards increasing clinical research for oncology. However, data privacy and security concerns poses a challenge. Key market players include 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 AG, and University of Utah Health.
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Forecast period |
2024-2028 |
Base Year |
2023 |
Historic Data |
2018 – 2022 |
Segment Covered |
End-user (Government and third party, Pharma |
Region Covered |
North America, Europe, Asia, and Rest of World (ROW) |
Key companies profiled |
CDC, Conduent Inc., Elekta AB, ERS Inc., |
Key Market Trends Fueling Growth
Pharmaceutical and biopharmaceutical companies, along with research institutes, prioritize clinical trials to discover new cancer treatment methods. These trials enable medical professionals to assess treatment efficacy and identify potential diagnoses. Randomized clinical trials (RCTs) facilitate comparing care approaches and treatment options, supporting informed clinical decisions. Population-based and hospital-based cancer registries offer access to comprehensive data for researchers and healthcare providers. This data is crucial for recruiting large patient groups and analyzing causes and cures during clinical research. Advanced cancer registry software enhances data quality, improving clinical research and healthcare evaluation. Consequently, the growth of the cancer registry software market is anticipated during the forecast period.
The Cancer Registry Software Market is witnessing significant growth due to the increasing incidence of cancer and the need for effective population health management. Software solutions are essential for tracking cancer-specific outcomes, including cancer deaths, prevalence, and staging. These systems help medical professionals capture and exchange health information data for coordinated care and chronic disease management. Cancer Registry Software is vital for hospitals and healthcare organizations to meet healthcare quality goals and adopt Electronic Health Records (EHR). Vendors offer customized solutions for specific areas like lung cancer, developmental disabilities, and cognitive capacities. The software facilitates evidence-based medicine through observational studies, data capture systems, and disease registries. Cancer Registry Software also addresses concerns like medical identity theft and supports cancer treatment through chemo, surgery, and supportive therapies. By providing cancer diagnostics and treatment information, these systems contribute to the adoption of evidence-based therapeutics and improved patient care. The Lung Cancer Foundation and other healthcare organizations can leverage these tools to improve healthcare outcomes and advance research in the field.
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Market Challenges
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Segment Overview
This cancer registry software market report extensively covers market segmentation by
1.1 Government and third party- Cancer registry software is essential for government hospitals and third-party agencies to effectively manage and analyze data related to cancer cases. These solutions enable monitoring and tracking of cancer incidence, prevalence, and mortality rates, providing valuable information for public health planning, resource allocation, and policy development. By identifying trends and patterns, governments and third-party agencies can target high-risk populations and geographic disparities, as well as emerging cancer types. Additionally, cancer registry software helps improve the quality of cancer care by evaluating adherence to clinical guidelines, benchmarking outcomes, and identifying variations in treatment practices. This data-driven approach will fuel the expansion of the government and third-party segments in the global cancer registry software market during the forecast period.
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Research Analysis
The Cancer Registry Software Market has witnessed significant growth due to the increasing incidence of cancer worldwide. According to the World Health Organization, there were an estimated 19.3 million new cases and 9.9 million deaths from cancer in 2020. With the adoption of Electronic Health Records (EHR) and the push towards evidence-based medicine, there is a growing demand for cancer registry software solutions. These systems help medical professionals track cancer treatment, including chemotherapy, surgery, and supportive treatments, and collect data on cancer-specific outcomes. The software also aids in the management of diagnostic data and post-endoscopic resection records. The market growth is further driven by the need to reduce healthcare costs and improve patient care. A guidance document issued by the National Cancer Institute outlines the importance of maintaining accurate and complete cancer data for research and public health purposes. Patients and medical professionals alike benefit from the use of cancer registry software, as it facilitates better communication and coordination among healthcare providers and enables more effective treatment plans.
Market Research Overview
The Cancer Registry Software market is witnessing significant growth due to the increasing prevalence of cancer and the adoption of electronic health records (EHR) in healthcare systems. The software solutions enable seamless data integration and interoperability, allowing medical professionals to access evidence-based medicine and make informed decisions for cancer treatment. These systems store data on cancer cases, including disease staging, treatment modalities such as chemo, surgery, and supportive therapies, and cancer screenings. Cancer registries play a crucial role in cancer reporting, patient care management, medical research, and clinical studies, leading to improved cancer care and cancer-specific outcomes. The software caters to various types of cancer and supports hospital workflows, coordinated care, and chronic disease management. The changing landscape of healthcare costs, population health management, health information exchange, and disease registries necessitates the use of cancer registry software. However, concerns around data security and security protocols are essential considerations for software vendors. The market includes standalone and integrated software solutions used by research institutes, hospitals, medical practices, pharmaceutical, biotech, and medical device companies, oncology departments, clinics, and other healthcare entities. The software supports cancer patients throughout the course of their disease, from diagnosis to treatment and beyond. Additionally, the software facilitates healthcare quality goals, hospital workflows, and observational studies, allowing for better data capture and management. Despite these benefits, challenges such as medical identity theft and cognitive capacities for using complex software remain.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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