Value and Size Of Referral Management Market From 2021 To 2027: Detailed Research Report

Referral Management Market is projected to grow at a CAGR of 16.9% during the forecasting period 2021-2027. Referral management usually happens when a primary care provider refers a patient to a specialist, but it may also happen between specialists or when a patient is discharged from an inpatient setting or an emergency room. A shift in diagnosis or an increase in treatment. Usually, referral management occurs when a primary care provider refers a patient to a specialist, but it may also occur between specialists or from inpatient settings/emergency room discharge to a provider.

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Key Driving Factors: Government efforts to integrate IT solutions into healthcare systems are driving forces.

Governments in various countries are concentrating their resources on promoting healthcare IT solutions in order to improve healthcare productivity and lower costs. Authorities are collaborating with healthcare providers to make seamless data sharing between systems possible so that treatment can be coordinated efficiently and unnecessary costs can be avoided. Governments in a number of APAC countries are increasingly focusing on implementing healthcare IT solutions to facilitate reliable, effective, and on-time delivery of quality care. For example, the Japanese government has taken measures such as the e-Japan policy and the iJapan Strategy 2017 to encourage hospitals to implement interoperable solutions in order to better handle patient inflow, minimize hospital operating costs, and enhance service quality.

This report offers the major market player’s profiles, such as Cerner Corporation (US), CarePort Health (US), eHealth Technologies (US), Blockit (US), Optum (US), Keet Health (US), EZ Referral (Canada), Persistent Systems (India)

Opportunities: The Asia Pacific market has a lot of room for growth.

The Asia Pacific referral management market is expected to expand due to a variety of factors, including government initiatives to introduce HCIT solutions, increasing government spending on healthcare systems, and the existence of a large patient pool in highly populated countries including China and India. Furthermore, the region's rising geriatric population, as well as the resulting pressure on hospitals and healthcare organizations, will provide opportunities for growth in the referral management sector.

By End User:
The market is divided into three categories based on the end user: suppliers, payers, and others. In 2019, the Providers segment had the largest share of the market. The growing emphasis on streamlining the patient referral process and facilitating seamless contact within the process is driving the demand for referral management among healthcare providers. The referral management industry is projected to be dominated by providers.

The Referral Management Market report has been categorized as below

By Component
• Software
• Services

By Mode of Delivery
• Cloud-Based
• On-Premise

By Type
• Inbound
• Outbound

By End-User
• Providers
• Payers
• Other End Users

By Region
• North America
• Europe
• Asia Pacific (APAC)
• Rest of the World (RoW)

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