Discover trends, market shifts, and competitive outlooks for the community oncology services industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#How Has the Community Oncology Services Market Growth Performance Trended Historically, And What Lies Ahead?

The market for community oncology services has significantly expanded in the past few years. The market size is forecasted to increase from $50.54 billion in 2024 to $54.44 billion in 2025, registering a compound annual growth rate (CAGR) of 7.7%. This impressive growth during the historical period can be linked to a surge in healthcare spending, a rapid increase in the aging population, and reforms in health insurance.

The community oncology services market is anticipated to experience robust growth in the upcoming years, reaching a value of $75.96 billion in 2029, boasting a compound annual growth rate (CAGR) of 8.7%. Factors behind this predicted upswing during the forecast period include the escalating occurrences of cancer, shifting lifestyles, and an increase in investment in healthcare facilities. Notable trends expected to emerge in the forecast period are an emphasis on offering telehealth services, the formation of partnerships and collaborations, the creation of personalized service plans, advancements in technology, and mergers and acquisitions.

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What Are the Core Market Drivers Propelling Growth in the Community Oncology Services Industry?

The anticipated surge in the demand for community oncology service market is linked to the less expensive treatment offered in community oncology centers. Compared to hospitals, these centers are deemed to provide more cost-effective cancer care services. A report by the Community Oncology Alliance indicated that the monthly cancer care cost for different tumor treatments in community-based clinics (CCs) was nearly $12,000, while the same in hospital-based oncology clinics (HCs) was close to $20,000. Additionally, the monthly patient cost for chemotherapy treatment in a community setting was almost $5,000, as compared to the approximate cost of $8,500 in a hospital environment. Therefore, the reduced expenses associated with community oncology centers are projected to stimulate the demand for and growth of the community oncology services market in the future.

How Is the Community Oncology Services Market Segmented?

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 Regions Are Driving the Next Phase of the Community Oncology Services Market Growth?

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

What Key Market Trends and Innovations Are Shaping the Future of the Community Oncology Services Industry?

Large-scale corporations are engaging in multiple acquisitions and research collaborations within the community oncology services market to broaden their services and offerings, which have grown increasingly popular in recent years. For example, in April 2023, TPG, a private equity firm based in the US, and AmerisourceBergen Corporation, a US wholesale company, purchased OneOncology for 2.1 billion. This acquisition allowed TPG and AmerisourceBergen to bolster their position in the specialized practice network and augment their oncology solutions. OneOncology, a US-based firm, specializes in elevating the patient experience and addressing the challenges confronting community oncology, while remaining at the cutting edge of cancer care.

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How Is the Community Oncology Services Market Defined and What Are Its Core Parameters?

Community Oncology Services encompass specialized healthcare provided in local settings for the prevention, diagnosis, treatment, and management of cancer, typically through local oncology practices and clinics. Their main goal is to offer accessible and comprehensive cancer care tailored to individual patients, including coordinated treatment plans and supportive services. By delivering care within the community, these services seek to improve patient outcomes and quality of life while minimizing travel burdens for patients and their families.

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