Press release
Referral Management Market Moderate To High Threat of New Entrants 2025 Cerner Corporation, Allscripts, McKesson Corporation, KYRUUS, eHealth Technologies, Clarity Health, Harris Corporation, Eceptionist, The Advisory Board Company, REFERRALMD
The Referral Management Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2025, considering 2019 as the base year and 2019 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions.The "Global Referral Management Market Analysis to 2025" is a specialized and in-depth study of the referral management industry with a focus on the global market trend. The report aims to provide an overview of global referral management market with detailed market segmentation by type, component, delivery mode, end user, and geography. The global referral management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Referral management system can be defined as an exclusive and powerful tool used in the healthcare industry to track patient referrals in the healthcare system. The primary aim of this system is to improve and update communication among specialists, primary care physicians, and any other health providers that are involved in a patient's care.
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Rising government initiatives to implement IT solutions in healthcare, automated referral processes prevent information leaks, increase in aging population and incidence of chronic diseases is expected to drive the growth of the market. Moreover, Asia Pacific region provides huge market potential, cloud-based models are expected to offer opportunity for the growth of referral management market during the forecast period.
The List of Companies
1. Cerner Corporation
2. Allscripts
3. McKesson Corporation
4. KYRUUS
5. eHealth Technologies
6. Clarity Health Inc.
7. Harris Corporation
8. Eceptionist
9. The Advisory Board Company
10. REFERRALMD
The referral management market is segmented based on type as, professional-referral, self-referral and third party-referral. On the basis of component, the market is segmented as, software and services. Software segment is further sub-segmented into integrated software and standalone software. Services segment is further sub-segmented into implementation services, support & maintenance services, consulting services, training & education, and post-sale & maintenance services. On the basis of delivery mode, referral management market is segmented into on-premise delivery mode, web-based delivery mode and cloud-based delivery mode. Based on the end user the market is segmented as payers, providers, patients, and others.
North America is anticipated to hold largest share of the referral management market, followed by Europe due to rising government initiatives to implement IT solutions in healthcare, increasing healthcare spending in Canada. Moreover, Asia Pacific is expected to have fastest growth in the market due to rising government initiatives for eHealth, growing demand for quality health care, and large base of geriatric population in the region.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
Referral Management Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem.
Key questions answered in the report include
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Referral Management market?
• What are the key market trends impacting the growth of the Referral Management market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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Major Factors about the Report:
• Global Referral Management Market Overview
• Economic Impact on Market
• Market Competition
• Global Referral Management Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Market Effect, Factors, Analysis
• Global Market Forecast
Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the market growth, size, leading players and segments in the global Referral Management market
Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Referral Management market, thereby allowing players across the value chain to develop effective long term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging market
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South & Central America.
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