Analyzing the Future of Community Oncology Services Market Dynamics 2025-2034: Growth Rate, Trends, and Major Opportunities
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How has the community oncology services market grown in recent years?
In the past few years, the market size of community oncology services has seen robust growth. Predictions indicate its growth from $50.54 billion in 2024 to an increased value of $54.44 billion in 2025, which signifies a compound annual growth rate (CAGR) of 7.7%. Factors contributing to the growth recorded in the historical period include the rise in healthcare expenditure, a swift increase in the population of elderly individuals, and modifications made to health insurance schemes.
How is the community oncology services market size expected to evolve during the forecast period?
The size of the community oncology services market is projected to witness robust expansion in the coming years, inflating to a whopping $75.96 billion in 2029 with a compound annual growth rate (CAGR) of 8.7%. Factors leading to this escalation in the predicted period include the growing occurrence of cancer, lifestyle modifications, and a surge in investment towards healthcare facilities. The forecast period will likely see prevalent trends such as an emphasis on telehealth services, strategic alliances and partnerships, creation of personalized service plans, advancements in technology, as well as mergers and acquisitions.
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Which key drivers are propelling the community oncology services market’s growth?
Anticipations are high for an increased demand in the community oncology service market due to the affordable care available in community oncology centers. These centers are viewed as more economical for cancer care services when compared to hospitals. A report by the Community Oncology Alliance revealed that the cost per patient per month to treat various tumors in community-based clinics (CCs) was roughly $12,000, while hospital-based oncology clinics (HCs) demanded about $20,000. In addition, the monthly expense for chemotherapy treatment in a community setting was nearly $5,000, contrasting with nearly $8,500 in hospital-based clinics. Therefore, it is projected that the reasonably priced services in community oncology centers or settings will stimulate demand and foster the growth of the community oncology services market in the coming years.
What are the market segments in the community oncology services industry?
The community oncology services market covered in this report is segmented –
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, Ovarian Cancer, Prostate Cancer, Skin Cancer, Pancreatic Cancer, Blood Cancer, Colorectal Cancer, Other Cancer Types
3) By Therapy Type: Medical Oncology, Radiation Oncology, Surgical Oncology, Other Therapies
Subsegments:
1) By Small Community Oncology Clinics: Independent Oncology Practices, Single-Physician Oncology Offices, Community-Based Cancer Screening and Prevention Services
2) By Medium Community Oncology Clinics: Multi-Physician Oncology Practices, Integrated Community Cancer Centers, Outpatient Treatment Facilities, Community-Based Clinical Trials
3) By Large Community Oncology Clinics: Comprehensive Cancer Centers, Academic-affiliated Community Oncology Practices, Multi-disciplinary Treatment Centers, Specialized Oncology Services
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Which leading companies are shaping the growth of the community oncology services market?
Major companies operating in the community oncology services market include The US Oncology Network, OneOncology, Florida Cancer Specialists & Research Institute (FCS), The Oncology Institute, Community Care Physicians, P.C. (CCP), GenesisCare, CStone Pharma, CARsgen Therapeutics, JW Therapeutics, BeiGene, Nanjing Legend Pharmaceutical & Chemical Co., Ltd, Zai Labare, Taxane HealthCare Pvt Ltd, Getwell Oncology, Novartis Oncology, Celgene, Johnson & Johnson, Janssen Pharma, Pharmacyclics, Healthkind Labs Pvt Ltd, Arlak Biotech, SwisscheM Healthcare Pvt Ltd, Apikos Pharma, Kolaz Biotech, Quironsalud Proton Therapy Centre, The London Clinic England, Institut Gustave Roussy, Netherlands Cancer Institute, European Medical Center, Yauza Medical Center, Celon Pharma, Nebraska Cancer Specialists, Tufts Medical Center, Doctors Medical Center, Oncology Specialists SC, Baptist Cancer Center, Mayo Clinic, Cleveland Clinic, Fred Hutchinson Cancer Research Center, The University of Texas Southwestern Medical Center, Abramson Cancer Center, McKesson Corporation, TUTEUR Argentina, Takeda Pharmaceutical Company Limited, Pierre Fabre Group, Celnova Pharma, King Hussein Cancer Center (KHCC), Princess Noorah Oncology Center (PNOC), King Abdulaziz Medical City, King Faisal Specialist Hospital and Research Centre, King Fahd Specialist Hospital, Prince Sultan Medical Military City, King Saud Medical City, King Abdullah Medical City, Tawam Hospital, Icon Oncology, Eurolab Science Laboratuvar, Yemaachi Biotechnology, Regal Pharmaceuticals Limited, Ocean Road Cancer Institute
What key trends are currently impacting the community oncology services market’s development?
Leading businesses in the community oncology services market are engaging in numerous acquisitions and research partnerships to broaden their service range and offerings, an approach that has been widely recognized lately. For instance, in April 2023, OneOncology was purchased for 2.1 billion by TPG, an American private equity firm, and AmerisourceBergen Corporation, an American wholesale company. This acquisition has bolstered TPG and AmerisourceBergen’s presence in the specialized practice network and has allowed them to broaden their oncology space offerings. OneOncology, based in the US, is primarily engaged in enhancing patient experience and addressing the challenges of community oncology, while also maintaining its leading position in cancer care.
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Which geographic areas are influencing the growth of the community oncology services market?
North America was the largest region in the community oncology services market in 2024. Western Europe was the second largest region in the global oncology services market. The regions covered in the community oncology services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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