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Community Oncology Services Market will Boom Rapidly by 2030 with Key Players Community Care Physicians P.C., Nebraska Cancer Specialists, US Oncology

The New Report “Community Oncology Services Market” published by Premium Market Insights, covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The global community oncology services market is expected to decline from $77.4 billion in 2019 to $70.98 billion in 2020 at a compound annual growth rate (CAGR) of -8.29%. The decline is mainly due to the acquisitions of private healthcare institutions and changes in patients’ preference to choose other healthcare providers due to ease of insurance claim processes. The market is further expected to decline to $70.38 billion in 2023 at a CAGR of -0.29%.

The community oncology services market consists of sales of community oncology services by entities (organizations, sole traders and partnerships) of health practitioners who practice community oncology as a private physician-owned business not part of a hospital or academic or medical teaching institution. The community oncology practice may be only a single oncologist, with one office and a support staff of physician extenders, nurses, pharmacists, or pharmacy technicians and other staff. Only goods and services traded between entities or sold to end consumers are included.

Top Companies Covered in this Report:
Community Care Physicians P.C., Nebraska Cancer Specialists, US Oncology, Inc. (McKesson Corporation), Tufts Medical Center., Doctors Medical Center, Oncology Specialists, S.C. and Baptist Cancer Center.

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The community oncology services market covered in this report is segmented by type into small community oncology clinics; medium community oncology clinics; large community oncology clinics and by cancer type into breast cancer; lung cancer; kidney cancer; liver cancer; ovarian cancer; prostate cancer; skin cancer; pancreatic cancer; blood cancer; colorectal cancer; others.

In May 2019, Amgen announced its decision to collaborate with community oncology service providers such as US Oncology Research and TRIO-US to enhance access by community centers to innovative oncology clinical research. This collaboration is expected to allow Amgen to significantly expand its clinical research footprint to more than 200 patient care sites across the U.S. and help community centers reach more than 900,000 new patients each year with investigational medicines.

Coronavirus outbreak is likely to act as a major restraint for the growth of the community oncology services market during the forecast period. The World Health Organization (WHO) declared the COVID-19 outbreak as pandemic on March 11, 2020. Coronavirus has created a significant risk of mortality for cancer patients worldwide. COVID-19 is predicted to have a long-term impact on oncology practices. According to a survey conducted by the Medical Group Management Association in April 2020, the healthcare practices recorded a decline of 55% in the revenue and a 60% decline in the patient volume since the beginning of the COVID-19 pandemic. Moreover, according to a survey of 51 USA oncologists conducted by MJH Life Sciences during May 2020, 73% of the oncologist limited their surgeries to urgent cases, 53% modified dosing regimens to reduce in-patient visits, and 71% had canceled routine office visits of the patients. Therefore, the coronavirus outbreak has caused a rapid decline in overall oncology in-person services, subsequently impacting the community oncology services market.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Community Oncology Services Market Size
2.2 Community Oncology Services Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Community Oncology Services Market Size by Manufacturers
3.2 Community Oncology Services Key Players Head office and Area Served
3.3 Key Players Community Oncology Services Product/Solution/Service
3.4 Date of Enter into Community Oncology Services Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Community Oncology Services Sales by Product
4.2 Global Community Oncology Services Revenue by Product
4.3 Community Oncology Services Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Community Oncology Services Breakdown Data by End User

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