Middle East & Africa Oncology Information Systems Market Size & Outlook
Middle East & Africa oncology information systems market, 2018-2030 (US$M)
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MEA oncology information systems market highlights
- The MEA oncology information systems market generated a revenue of USD 110.1 million in 2022.
- The market is expected to grow at a CAGR of 8% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating product and services in 2022.
- Software is the most lucrative product and services segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 110.1 million |
| Market revenue in 2030 | USD 203.4 million |
| Growth rate | 8% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Professional Services |
| Key market players worldwide | Elekta AB ADR, Accuray Inc, Siemens Healthineers AG ADR, RaySearch Laboratories AB Class B, Oracle Corp, Koninklijke Philips NV, ViewRay, Hochtief AG, McKesson Corp, BrainLAB, Prowess, Polaris Industries |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.3% of the global oncology information systems market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 938.1 million by 2030.
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Oncology Information Systems Market Scope
Oncology Information Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa oncology information systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to oncology information systems market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 75.93% in 2022. Horizon Databook has segmented the Middle East & Africa oncology information systems market based on software, professional services covering the revenue growth of each sub-segment from 2018 to 2030.
Rising prevalence of chronic conditions such as cancer in the region and increasing geriatric population are some of the factors driving the market in MEA. Furthermore, favorable government initiatives for raising awareness and supporting early screening are positively supporting the market.
However, high cost of these technologies and low adoption of oncology information systems and solutions with lack of trained personnel are likely to impede the market growth. Most of these expenses are out-of-pocket, thus patients prefer not to opt for these treatment solutions. This consumer behavior negatively impacts the market growth.
Moreover, presence of major players in the region and innovative products launched by players are expected to increase the adoption of these systems. For instance, Philips partnered with IBA and Proton Partners International to cater to oncology radiotherapy market in the Middle East.
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Target buyers of Middle East & Africa oncology information systems market databook
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Our clientele includes a mix of oncology information systems market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa oncology information systems market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa oncology information systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA oncology information systems market size, by country, 2018-2030 (US$M)
Middle East & Africa Oncology Information Systems Market Outlook Share, 2022 & 2030 (US$M)
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