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MARKET 2017-04-27T15:26:38+00:00

THE CANCER CARE MARKET

  • 7 million new cancer cases each year in United States.
  • 3X that many receive treatment from an earlier diagnosis.
  • $207 billion by 2020 for cancer care – up from $125 billion in 2010. (National Cancer Institute).
  • $30,000 and $300,000 revenue
    generated by each cancer patient.
  • 28% of health systems built a new
    cancer center in the previous 3 years.

(Advisory Board Co. survey)

Around 1.7 million people in the USA are newly diagnosed with cancer each year, and perhaps three times that many are still receiving cancer care from an earlier diagnosis. The market for cancer care is big, approaching on $200 billion a year in the US alone.

Individual cases often generate between $30,000 and $300,000 in revenue, often with highly desirable profit margins for the treating facility. While downward pressure of healthcare reimbursement rates has reduced profitability to some degree, cancer treatment remains one of the most profitable lines for full service facilities. Because of this, competition to attract cancer patients is considerable, and the general trend shows healthcare facilities bolstering their cancer treatment offerings and marketing their cancer treatment services.

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