The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s community oncology services market report forecasts the community oncology services market size to grow to $81.33 Billion by 2027, with a CAGR (compound annual growth rate) of almost 11%.

Learn More On The Community Oncology Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/community-oncology-services-global-market-report

Community Oncology Services Market Size Forecast

The global community oncology services market is expected to grow from $47.95 billion in 2022 to $53.79 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global community oncology services market size is expected to grow to $81.33 billion in 2027 at a CAGR of 10.9%.

North America held the largest community oncology services market share.

Key Community Oncology Services Market Driver ­– Rise In Lower-Cost Care In Community Oncology Centres

According to the Community Oncology Alliance’s report published, the cost of cancer care per patient per month for various tumors in community-based clinics (CCs) was approximately $12,000 whereas the cost of cancer care in hospital-based oncology clinics (HCs) was about $20,000. Furthermore, the cost per patient per month for treatment of chemotherapy in a community setting was nearly $5,000 compared to around $8,500 in hospital-based clinics. Hence, the low cost of community oncology settings or community oncology centres is expected to drive the demand for the community oncology services market over the forecast years.

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Key Community Oncology Services Market Trend – Undergoing Various Acquisitions And Research Collaborations

Major companies are undergoing various acquisitions and research collaborations in the community oncology services market to expand their services and offerings, which is gaining significant popularity over recent years. According to a report published by Community Oncology Alliance in April 2020, the rate of community oncology practices acquired by hospitals increased by 9.7% between 2018 and 2020. For instance, in August 2020, The Community Cancer Centre, a US-based clinic engaged in providing community-based cancer care, was acquired by Carle Health. Carle Health is a US-based hospital and healthcare company with more than 9,500 employees in its five hospitals and associated healthcare business.

Community Oncology Services Market Segment

1) By Type: Small Community Oncology Clinics, Medium Community Oncology Clinics, Large Community Oncology Clinics

2) By Cancer Type: Breast Cancer, Lung Cancer, Kidney Cancer, Liver Cancer, Ovarian Cancer, Prostate Cancer, Skin Cancer, Pancreatic Cancer, Blood Cancer, Colorectal Cancer, Other Cancers

3) By Therapy Type: Medical Oncology, Radiation Oncology, Surgical Oncology, Other Therapies

Community Oncology Services Market Major Players and Strategies

Major players in the community oncology services market are Community Care Physicians P.C., Nebraska Cancer Specialists, US Oncology, Inc. (McKesson Corporation), Tufts Medical Centre., Doctors Medical Centre, Oncology Specialists, S.C. and Baptist Cancer Centre.

In October 2021, Anova Enterprises, Inc., a US-based healthcare technology company partnered with OPN Healthcare. Through this partnership, Anova will fund the growing OPN Healthcare research program and all practices in the OPN network will continue to employ the AnovaOSTM technology platform to speed up patient access to experimental medicines. OPN Healthcare is a US-based community oncology company.

The Community Oncology Services Global Market Report 2023 covers regional data on community oncology services market size, community oncology services market trends and drivers, opportunities, strategies, and community oncology services market competitor analysis. The countries covered in the community oncology services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Community oncology includes a private physician who does not work for a hospitals or a medical institution. It is used for community welfare purposes.

View More Reports Related To The Community Oncology Services Market –
Oncology Molecular Diagnostics Global Market Report 2023
Interventional Oncology Devices Global Market Report 2023
Oncology Devices Global Market Report 2023

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