Oncology Information Management System (OIMS) Market Increasing Cases of Cancer Globally are Expected to Influence Demand

Cancer was accountable for more than 8 million deaths in 2015, according to the World Health Organization (WHO). The multitude of options available in the treatment of cancer and success rates of those treatments had resulted in a lot of unstructured data. Oncology information management system (OIMS) or oncology information system (OIS) is a centralized database that maintains such information in an organized manner.

OIMS is valuable in maintaining the information flow between the radiation therapy center and hospital information system (HIS). This information is cross-checked with the patient medical history as well as the patient’s response rate to assist the doctor in prescribing future treatments. OIMS available to end users vary by software and professional services offered by vendors.

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Cancer Care Database

End users employing OIS include research centers, governmental institutions, physician clinics, and hospitals. The hospitals and research centers are touted to be the biggest end users due to adoption of sophisticated healthcare equipment and rising cases of secondary tumors. The need for a centralized system to reduce the probability of human error in documentation and creation of safe treatment plans can save may live. For instance, Centre Medical de Forcilles-Grupo Instituto Madrileño de Oncología in France has decided to use MOSAIQ by Elekta AB to increase their work efficiency.

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Governmental institutions have also decided to capitalize on the technology of OIS to further increase their research in oncology. The European Network of Cancer Registries has decided to compile a database for citizens of the European Union (EU). This database will allow citizens glean information on specific cancers and compare it regionally to take preventive measures. This segment can impel the demand by answering customer queries about radiation therapy. In addition, adoption of OIMS can mitigate the influx of patients and enhance operational efficiency.

Market Insights

The global oncology information management system (OIMS) market is anticipated to generate high revenue by 2022, according to a report published on Radiant Insights, Inc. The market is expected to exhibit a good growth rate over the forecast period (2017 to 2022) on account of increasing preference of advanced diagnostic tools to treat various cancers. Advances in oncology information systems to assist hospitals in information flow coupled with the increasing cases of cancer globally are expected to influence market demand. Prominent market players include Elekta AB, Accuray Incorporated, McKesson Corporation, and Koninklijke Philips N.V.

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