Global Referral Management Market was valued at USD 2820.22 million in 2019 which is expected to reach USD 9760.33 million by 2030 at a CAGR 22.87%.
Referral Management system is widely used in healthcare sector such as hospitals, and clinics etc., to keep track of patient referrals information throughout their treatment period. This system mainly focuses on improving the communication between different healthcare providers which are involved inpatient care. Also, this system helps in managing the patient’s revenue cycle and processing the claims efficiently.
Increase in government initiatives to incorporate IT solutions in healthcare is the key driving factor which is expected to boost the global referral management market. Furthermore, increase in geriatric population and subsequent increase in the incidence of chronic diseases will positively contribute the market growth. Moreover, increase in adoption of cloud based systems which are expected to propel the global referral management market growth. In addition to that, rise in collaboration and partnership activities by key players will fuel the market growth. For instance, in Aug 2019, Cantex, and Diakon had partnered with Netsmart for launch of Netsmart Referral Manager. Netsmart referral manager can accept electronic referrals and automates the referral process.
However, lack of awareness and lack of skilled and trained healthcare IT professionals are the major challenging factors which are expected to hinder the global referral management market growth. Also, reluctance to adopt HCIT solutions and data security concerns will affect the market.
Global Referral Management Market is segmented into type such as Self-Referral, Professional Referral, and Third Party Referral, by deployment mode such as Web Based Delivery Mode, Cloud Based Delivery Mode, and On-premise Delivery Mode, by component such as Software, and Services. Further, market is segmented into end user such as Providers, Patients, Payers, and Others.
Also, Global Referral Management Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as CERNER CORPORATION, CAREPORT HEALTH, OPTUM, INC, CHANGE HEALTHCARE, EHEALTH TECHNOLOGIES, KYRUUS, PERSISTENT SYSTEMS, and HEALTHVIEWX
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Referral Management Market Share Analysis, By Type
5.3 Global Referral Management Market Size and Forecast, By Type
5.3.1 Self-Referral
5.3.2 Professional Referral
5.3.3 Third Party Referral
6.1 Y-o-Y Growth Comparison, By Deployment
6.2 Global Referral Management Market Share Analysis, By Deployment
6.3 Global Referral Management Market Size and Forecast, By Deployment
6.3.1 Web- Based Delivery Mode
6.3.2 Cloud Based Delivery Mode
6.3.3 On-Premise Delivery Mode
7.1 Y-o-Y Growth Comparison, By Component
7.2 Global Referral Management Market Share Analysis, By Component
7.3 Global Referral Management Market Size and Forecast, By Component
7.3.1 Strategic Planning, and Project Management
7.3.2 Workplace and Relocation Management
7.3.3 Software
7.3.4 Services
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Referral Management Market Share Analysis, By End User
8.3 Global Referral Management Market Size and Forecast, By End User
8.3.1 Providers
8.3.2 Patients
8.3.3 Payers
8.3.4Others
9.1 Global Referral Management Market Share Analysis, By Region
9.2 Global Referral Management Market Share Analysis, By Region
9.3 Global Referral Management Market Size and Forecast, By Region
10.1 Introduction
10.2 North America Referral Management Product Market Share Analysis, By Type
10.3 North America Referral Management Product Market Size and Forecast, By Deployment
10.4 North America Referral Management Product Market Size and Forecast, By Component
10.5 North America Referral Management Product Market Size and Forecast, By End User
10.6 North America Referral Management Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11.1 Introduction
11.2 Europe Referral Management Product Market Share Analysis, By Type
11.3 Europe Referral Management Product Market Size and Forecast, By Deployment
11.4 Europe Referral Management Product Market Size and Forecast, By Component
11.5 Europe Referral Management Product Market Size and Forecast, By End User
11.6 Europe Referral Management Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12.1 Introduction
12.2 Asia Pacific Referral Management Product Market Share Analysis, By Type
12.3 Asia Pacific Referral Management Product Market Size and Forecast, By Deployment
12.4 Asia Pacific Referral Management Product Market Size and Forecast, By Component
12.5 Asia Pacific Referral Management Product Market Size and Forecast, By End User
12.6 Asia Pacific Referral Management Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13.1 Introduction
13.2 Latin America Referral Management Product Market Share Analysis, By Type
13.3 Latin America Referral Management Product Market Size and Forecast, By Deployment
13.4 Latin America Referral Management Product Market Size and Forecast, By Component
13.5 Latin America Referral Management Product Market Size and Forecast, By End User
13.6 Latin America Referral Management Product Market Size and Forecast, By Country
14.1 Introduction
14.2 Middle East Referral Management Product Market Share Analysis, By Type
14.3 Middle East Referral Management Product Market Size and Forecast, By Deployment
14.4 Middle East Referral Management Product Market Size and Forecast, By Component
14.5 Middle East Referral Management Product Market Size and Forecast, By End User
14.6 Middle East Referral Management Product Market Size and Forecast, By Country
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies