The Global Community Oncology Services Market was valued at US$ 70.96 billion in 2020 and is predictable to reach US$ 69.23 billion by 2030; growing at a CAGR of -0.2 % during the forecast period from 2021 - 2030.
Controlling cancer is providing specialist treatments in hospitals however, it can also be done within communities to help in controlling cancer by supporting people to lead healthy lifestyles which reduces the risk of cancer, ensuring the people to take the diagnosis of cancer at an early stage, and support the patient undergoing treatment. Oncology practices are of two types i.e., hospital-based oncology or community oncology.
Market Dynamics
The benefit offered by the community oncology centers is that they provide efficient, low-cost patient-centered oncology care with the help of community physicians. It delivers highly personalized and immediate care services. The health practitioners are not part of any academic, hospital, or medical tech institutes. It can be by a single oncologist with small offices and nurses or pharmacists or can be of large size community centers. The low-cost treatment method in the oncology centers is expected to boost the demand for the community oncology services market such as cancer care services is cost-effective in such centers compared to the hospitals.
According to the data published by the Community Oncology Alliance, the cost of cancer care per patient monthly was US$ 12,000 compared to US$20,000 in the hospitals during the year 2018. In addition, chemotherapy cost in community centers was around US$ 5,000 compared to US$ 8,500 in hospital-based clinics. Such factors are the prime reasons for the demand of the community oncology services market during the forecast period.
Market Segmentation
The Global Community Oncology Services Market is segmented by type, cancer type, therapy type, and region. Based on the type of oncology centers, it is categorized into small community oncology clinics, medium community oncology clinics, and large community oncology clinics. By cancer type, it is bifurcated into lung cancer, liver cancer, prostate cancer, pancreatic cancer, colorectal cancer, breast cancer, kidney cancer, ovarian cancer, skin cancer, blood cancer, and others. Therapy type segments into radiation oncology, medical oncology, surgical oncology, and others. Based on regional insights, the global community oncology services market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Prominent players inducing the Global Community Oncology Services Market are Nebraska Cancer Specialists, Tufts Medical Center, Oncology Specialists S.C., Community Care Physicians P.C., US Oncology Inc., Doctors Medical Center, and Baptist Cancer Center, among others.
Segmentation and Scope of the Global Community Oncology Services Market
Global Community Oncology Services Market is segmented by type, cancer type, therapy type, and region.
By Type
By Cancer Type
By Therapy Type
By Region
North America
Europe
Asia Pacific
Rest of World
Middle East & Africa
Latin America
Prominent Players in the Global Community Oncology Services Market among other includes
Payment Options