Global Community Oncology Services Market Size
Healthcare Services

Key Takeaways From The Global Community Oncology Services Market Forecast 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Community Oncology Services Global Market Report 2024, the community oncology services market is expected to show significant growth in the forecast period.

Introduction
The community oncology services market has witnessed substantial growth, driven by various factors such as increased healthcare expenditure and demographic shifts. This blog explores the market dynamics, growth projections, and key trends shaping the landscape.

Historic Growth Drivers

  • Increased healthcare expenditure
  • Rapid growth in the elderly population
  • Health insurance reforms

Current Market Size and Projections

  • Market size: $53.79 billion in 2023
  • Expected growth: $60.31 billion in 2024
  • CAGR: 12.1%
  • Projected size: $89.48 billion in 2028
  • CAGR: 10.4%

View More On The Community Oncology Services Market Report 2024 – https://www.thebusinessresearchcompany.com/report/community-oncology-services-global-market-report

Forecast Period Trends

  • Increasing prevalence of cancer
  • Changing lifestyles
  • Rising investments in healthcare infrastructure
  • Major trends: telehealth services, partnerships, individualized service plans, technological advancements, mergers, and acquisitions

Affordable Cancer Care in Community Oncology Centers

  • Lower-cost care driving market demand
  • Cost-effectiveness compared to hospitals
  • Example: Community Oncology Alliance’s report on cost disparities

Strategic Alliances and Acquisitions

  • Companies expanding services and offerings through acquisitions and collaborations
  • Example: TPG and AmerisourceBergen Corporation’s acquisition of OneOncology
  • Example: Anova Enterprises partnering with OPN Healthcare to accelerate research and patient access

Market Segmentation

  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

North America Leading the Market

  • North America dominated the community oncology services market in 2023.

Conclusion
The community oncology services market is experiencing rapid expansion, driven by factors such as affordability, technological advancements, and strategic collaborations. As the demand for cancer care continues to rise, community oncology centers play a crucial role in providing accessible and cost-effective services. With ongoing advancements and partnerships, the landscape of community oncology services is set to evolve, ensuring better outcomes for patients battling cancer.

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