Cancer Registry Software Market Overview
The global cancer registry software market held a market value of USD 56.4 million in 2018 and is projected to grow at a CAGR of 10.7% over the forecast period. Market Research Future (MRFR) announces the publication of its research report –Global Cancer Registry Software Market, 2019 to 2024.
Prevalence of cancer has increased to a great extent, mainly in children and teens. Thus, the increasing population of these patients has generated demand for better treatment, which helps them to get effective outcomes. Also increasing the footfall of patients who have cancer create the challenge for doctors in handling and providing a better treatment which leads the demands for better drugs in the coming future.
Nowadays, the prevalence of various types of cancer is found to be increasing across the world. According to the World Cancer Research Fund International, in 2015, cancer was responsible for 8.8 million deaths and is the second leading cause of death across the globe. Osteosarcoma is yet another kind, contributing to 36% of all types of bone cancer
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Mergers, acquisitions, and collaborations have improved the research and development process owing to different technologies coming together to create potent treatment options. These strategies also help in the development of new drugs for better treatment, which also increases the global network of the players. Mergers and acquisitions help to enhance the revenue through a gain in market share and also generate tax gain.
Many companies want to enter the new market, but due to lack of knowledge about the new market and less research and development activities, companies may face a challenge. Thus, the only strategy of these companies entering into the merger, acquisition, and collaboration to access the new market more effectively and profitably. This activity helps companies to minimize the cost of operation and production, gain higher competitiveness, financial leverage, in achieving administrative benefits and help in positioning the products.
On a regional basis, the global market in the Americas is segmented into two major regions, i.e., North America and South America. The North American region is likely to hold the major share in the region owing to the innovative product development and increasing investment in research and development for innovation in the region.
The global cancer registry software market has been segmented into type, deployment model, database type, functionality, and end user.
Cancer Registry Software Market Key Players
Some of the prominent players in the global cancer registry software market are Onco, Inc., Rocky Mountain Cancer Data Systems, McKesson Corporation, Elekta AB (PUB), C/Net Solutions, Electronic Registry Systems, Inc., Rocky Mountain Cancer Data Systems, Ordinal Data Inc, Conduent Inc, IBM, Himagine Solutions Inc., and others.
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