Virtual Oncology - Global Strategic Business Report

The global market for Virtual Oncology was estimated at US$3.9 Billion in 2024 and is projected to reach US$10.2 Billion by 2030, growing at a CAGR of 17.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Virtual Oncology market.

Global 'Virtual Oncology' Market - Key Trends & Drivers Summarized

How Is Virtual Oncology Transforming Cancer Care in the Digital Era?

Virtual oncology, the digital extension of traditional cancer care, is redefining how patients access diagnostics, treatment planning, second opinions, and follow-up care without geographic or mobility constraints. At its core, virtual oncology leverages telemedicine platforms, AI-enhanced diagnostics, and remote monitoring tools to deliver personalized cancer care efficiently and equitably. Patients can now consult oncologists across borders, share diagnostic scans via secure portals, and receive expert input on treatment regimens without traveling long distances. This is particularly valuable for rural and underserved populations where oncology specialists and advanced cancer centers are often unavailable. Through virtual tumor boards and multidisciplinary e-consultations, clinicians across institutions collaborate in real-time to develop precise treatment strategies. The COVID-19 pandemic accelerated the adoption of tele-oncology platforms, pushing hospitals and cancer centers to develop secure, HIPAA-compliant systems to manage ongoing cancer therapies virtually. Now, even as physical operations resume, many providers are retaining hybrid care models that blend in-person procedures with virtual consultations, especially for survivorship care, genetic counseling, and routine assessments. The result is a more streamlined, continuous, and patient-centric cancer care model that reduces delays and improves access.

Is AI Becoming the Backbone of Virtual Oncology Services?

Artificial intelligence is emerging as a vital enabler of virtual oncology by enhancing diagnostic accuracy, predicting treatment response, and automating routine clinical workflows. AI-powered imaging platforms are transforming how radiologists detect tumors in CT, MRI, and PET scans with greater precision and speed. These systems can analyze massive datasets to uncover patterns that are often invisible to the human eye, enabling early diagnosis and staging of cancers like lung, breast, and prostate. In pathology, AI algorithms are assisting in the digital analysis of biopsy slides, helping pathologists classify tumor types remotely and consistently. Natural language processing (NLP) tools are being used to extract actionable insights from oncology reports and patient notes, feeding into decision-support systems for oncologists. AI is also powering predictive models that estimate progression risks, adverse drug reactions, and the likely efficacy of targeted therapies allowing oncologists to tailor treatments in advance. These tools, when integrated into virtual care platforms, enable oncologists to deliver high-quality care from a distance, informed by advanced analytics rather than just subjective assessments. Furthermore, oncology-focused AI chatbots and virtual care assistants are now supporting patients in medication adherence, symptom tracking, and treatment side effect management all in real-time and without the need for clinic visits.

How Are Patient-Centered Tools Enhancing the Reach of Virtual Oncology?

The rise of digital therapeutics and patient-facing oncology tools is significantly improving how cancer patients engage with and benefit from virtual oncology services. Mobile apps designed for oncology care now offer features like medication reminders, pain and symptom diaries, dietary guidance, and secure messaging with healthcare teams. These tools are particularly important for patients undergoing chemotherapy or immunotherapy, where symptom management between visits can impact survival and quality of life. Wearable biosensors and connected medical devices allow clinicians to remotely monitor vitals such as heart rate, temperature, and oxygen saturation metrics that can indicate adverse drug reactions or infections in immunocompromised patients. Virtual reality (VR) and augmented reality (AR) applications are emerging as adjuncts for pain distraction, stress relief, and patient education during therapy cycles. Moreover, online peer support groups, virtual counseling, and digital platforms for palliative care are offering psychosocial support to both patients and caregivers, which is an often-overlooked aspect of cancer treatment. The personalization of virtual oncology is further supported by genomics platforms that integrate molecular profiling data into virtual treatment discussions, allowing for more targeted and efficient care plans tailored to each patient's tumor biology.

What's Driving the Surge in Global Virtual Oncology Adoption?

The growth in the virtual oncology market is driven by several factors rooted in the evolution of oncology workflows, patient expectations, and healthcare digitization. A key factor is the global increase in cancer incidence, which has overwhelmed traditional cancer care infrastructures, creating a pressing need for scalable digital alternatives. The rapid digitization of oncology data from radiological images to genomic sequences has enabled remote analysis and cloud-based collaboration, making it easier for specialists to provide expert opinions from anywhere in the world. Rising healthcare consumerism has also influenced market dynamics, with patients increasingly seeking second opinions and convenience through virtual consultations. In parallel, health systems and insurers are investing in virtual oncology platforms as part of value-based care models, aiming to reduce hospitalizations, improve patient outcomes, and lower overall cancer treatment costs. The integration of EHRs, PACS (Picture Archiving and Communication Systems), and telepathology solutions is making it seamless for cancer centers to transition parts of their workflow into virtual environments. Additionally, reimbursement parity policies and regulatory support in major markets like the U.S., Canada, Germany, and India have made virtual oncology financially viable for providers and patients alike. As personalized medicine and immuno-oncology continue to expand, the complexity of cancer care will require more collaborative, remote, and intelligent systems all of which are at the heart of the virtual oncology ecosystem.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Software segment, which is expected to reach US$6.3 Billion by 2030 with a CAGR of a 19.2%. The Service segment is also set to grow at 14.4% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $1.1 Billion in 2024, and China, forecasted to grow at an impressive 23.2% CAGR to reach $2.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Virtual Oncology Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Virtual Oncology Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Virtual Oncology Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Accuray Incorporated, Amwell (American Well), Caris Life Sciences, Cerner Corporation, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 48 companies featured in this Virtual Oncology market report include:

• Accuray Incorporated
• Amwell (American Well)
• Caris Life Sciences
• Cerner Corporation
• Color Health
• CureMatch, Inc.
• Elekta AB
• Epic Systems Corporation
• Flatiron Health
• Jasper Health
• McKesson Corporation
• OncoHealth
• OncoLens
• OneOncology
• Optum, Inc.
• Philips Healthcare
• Reimagine Care
• Siemens Healthineers
• SimBioSys
• Varian Medical Systems, Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.