Oncologists Report Summary

SIC Codes: 8011
NAICS Codes: 621111

Oncologists Industry Overview

Excerpt from Oncologists Report

Physicians in this industry engage in the medical practice of diagnosing and treating cancer. Major US companies include Dana-Farber Cancer Institute, Johns Hopkins, Mayo Clinic, MD Anderson Cancer Center, and Memorial Sloan-Kettering Cancer Center. Leading providers of cancer treatment outside the US include Institut Gustave-Roussy (based in France), the Princess Margaret Hospital (Canada), the Royal Marsden Hospital (the UK), and Sun Yat-Sen University Cancer Center (China).

Competitive Landscape

Demand for oncologists is driven by the number of people being treated for cancer. Profitability depends on patient volume, insurance reimbursement, reputation, and operational efficiency. Large organizations have economies of scale in purchasing and administration. Small clinics can compete by treating specific types of cancer or patient groups, such as children.

Products, Operations & Technology

Oncologists diagnose and treat tumors, perform surgery, track patients in remission, provide medical support to terminally ill patients, and research causes and treatments of cancer. In addition to revenue from diagnosis and disease management, a significant portion of industry revenue comes from the sale of pharmaceuticals. Revenue is also generated from laboratory and image testing fees.

Start Live ChatChat

*Required Fields

FREE Alerts to Changes in Your D&B® Credit Scores!* Sign Up. Get CreditSignal® for FREE!*
Try D&B Credit FREE for 30 Days! Get Started. Try D&B Credit FREE for 30 Days