Cancer Registry Software Market Size And Forecast

Cancer Registry Software Market size was valued at USD 52.12 Million in 2020 and is projected to reach USD 123.67 Million by 2028, growing at a CAGR of 11.4% from 2021 to 2028.

The cancer registry system is a resource for researchers looking into cancer and its causes. This type of registry is crucial since cancer is one of the causes of death, and gathering data on cancer cases, from medical tests to survival rates, is critical for correctly identifying trends and, ultimately, enhancing care for cancer patients. The market for cancer registry software is broadening due to the high prevalence of cancer as well as favorable government initiatives. The Global Cancer Registry Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Cancer Registry Software Market Definition

Cancer Registry Software is a type of disease registry that is majorly used to install and maintain a cancer incidence reporting system. The cancer registry system serves as a resource for analysts looking into cancer and its causes. This type of registry is crucial since cancer is one of the major causes of death, and thus collecting data on cancer cases from diagnostic testing to survival rates is important to accurately detect trends and, finally, improve care for people with cancer. A cancer registry is a computerized system that allows software solutions to arrange, gather, and store information on cancer patients to assess the cancer-specific result, circumstances, and drug/medical device exposure.

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Cancer patient registry software is a tool that helps to collect, maintain, as well as provide access to cancer-specific data that helps in the formation of cancer registries. Registries are essential in cancer surveillance because they help to accept the attempts of doctors and scientists as well as where conventional therapies stand to reduce the cancer burden. Surveillance data be used to assess and review cancer prevention and control interventions, as well as to serve as the foundation for cancer research.

Global Cancer Registry Software Market Overview

With the rising incidence of cancer and favorable government, the market for cancer registry software is growing. Other factors, such as the rising use of cancer patient registry data for post-marketing surveillance and the increasing number of managed care organizations, are contributing to the market’s growth. Numerous government organizations take the initiative and offer assistance to build cancer registries to reduce the burden of cancer. With the increasing demands for population health management and health information exchange, governments worldwide are introducing initiatives to computerize and integrate healthcare systems, like the creation of computerized disease registries.

Moreover, the increasing adoption for ensuring transparency across departments and the versatility to access data at any location and at any time has increased the demand for creative technologies, boosting market growth. Furthermore, Shifting organizational preferences away from traditional management methods, growing demands for automated systems and solutions, linking remote patients, and the increasing popularity of telemedicine are driving the market growth. Cancer patient registries involve health information data that include a wide range of demographic information and personal characteristics including socioeconomic and marital status, official education level, mental delays, cognitive capacities, emotional maturity, gender, age, and race.

Moreover, health information generally includes information about the patients’ family members. Many government agencies in mature markets are reportedly attempting to address and coordinate the intertwined needs of freedom and confidentiality of information. Accountable Care Organizations are a system of healthcare professionals dedicated to providing coordinated care and efficient chronic disease management. These organizations’ payments are related to the objectives of their healthcare quality activities and goals, which lead to cost savings for the medical care delivery system. ACOs understand their population, providers, and health care workers, as well as the state of care given, to improve patient care.

Global Cancer Registry Software Market Segmentation Analysis

The Global Cancer Registry Software Market is Segmented on the basis of Type, Database Type, Functionality, End User, and Geography.

Cancer Registry Software Market, By Type

• Integrated Software
• Standalone Software

Based on Type, the market is segmented into Integrated Software and Standalone Software. The Integrated Software has the largest growing segment of the Global Cancer Registry Market due to the changing landscape of the industry, a need to streamline and enhance workflows and reduce physician workloads. Moreover, factors including the enhanced government focus on population health management, coordinated care, and limiting healthcare costs are enhancing market growth.

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 Cancer Registry Software Market, By Database Type

• Public Databases
• Commercial Databases

Based on Database Type, the market is segmented into Public Databases and Commercial Databases. The commercial database has the largest growing segment of the Global Cancer Registry Market because it has a data protection advantage over a public database The commercial database complies with most government standards and coding. The data is also well-structured and easy to read. Data exchange among government research organizations, like the CDC and central cancer registries, is facilitated by commercial systems.

Cancer Registry Software Market, By Functionality

• Medical Research & Clinical Studies
• Cancer Reporting to Meet State and Federal Regulations
• Product Outcome Evaluation
• Patient Care Management

Based on Functionality, the market is segmented into Medical Research & Clinical Studies, Cancer Reporting to Meet State and Federal Regulations, Product Outcome Evaluation, and Patient Care Management. Patient care management is a program that contains a wide variety of health services to help patients monitor their condition, from primary care like scheduling appointments to short-term case management and chronic disease care management. The purpose of product outcome evaluation is to assess the quality of products to describe the experience as a guide for future design. Methods and processes for assessing user experience are being applied in various fields of product evaluation.

Cancer Registry Software Market, By End User

• Government Organizations & Third-Party Administrators
• Hospitals & Medical Practices
• Private Payers
• Pharmaceutical, Biotechnology, and Medical Device Companies
• Research Centre

Based on End User, the market is segmented into Government Organizations & Third-Party Administrators, Hospitals & Medical Practices, Private Payers, Pharmaceutical, Biotechnology, and Medical Device Companies and Research Centre. Research Centre has the largest growing segment of the Global Cancer Registry Software Market. Researchers mainly use registry data for product development. Many research organizations have established their records to maintain a database of sufferers of various cancers. Moreover, some research centers work with health centers and associations to grow cancer patient registries.

Cancer Registry Software Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, the Global Cancer Registry Software Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is projected to be the largest growing market over the forecasted period. Factors such as the high cancer burden, government-funded efforts to support the development of cancer registries, high investments in healthcare IT, the existence of a significant cancer registry software development market, and the region’s high increasing adoption of these solutions all play a part to North America’s larger share of the Cancer Registry Software Market.

Key Players

The “Global Cancer Registry Software Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Onco, Inc., C/Net Solutions, Elekta AB (PUB), Rocky Mountain Cancer Data Systems, Electronic Registry Systems, Inc. and Mckesson Corporation.

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