Oncology Informatics Market Analysis Report, Size, Share, Growth, Applications, Technology, Types, Products and Forecasts Report 2027
The global Oncology Informatics market is forecasted to be worth USD 8.01 Billion by 2027, according to a current analysis by Emergen Research. The oncology informatics market is growing due to an increase in the number of cancer patients and the rise in the adoption of advanced technologies. Informatics tools are proving to be of increased importance in both oncology research and practice. They are used by clinicians at the point-of-care and by ancillary services such as pathology and radiology. Development in artificial intelligence, decision support, information presentation and extraction, and predictive analytics will impact the market in the coming years. The growth in the trend of precision medicine in oncology will also positively impact the market. Key Highlights From The Report In June 2020, Philips announced a collaboration with MD Anderson’s Precision Oncology Decision Support (PODS) system to allow the physicians globally to personalize therapy based on the patient