Press release
Referral Management Market Growth Prospects, Trends and Forecast Up to 2030
Referral Management Market Analysis and SizeIncreased government initiatives to incorporate IT solutions in healthcare are expected to drive the referral management market. Furthermore, an increase in the geriatric population and, as a result, an increase in the incidence of chronic diseases will contribute positively to market growth. Furthermore, the increased adoption of cloud-based systems is expected to drive growth in global referral management. Furthermore, an increase in collaboration and partnership activities by key players will fuel market growth.
Data Bridge Market Research analyses that the referral management market which is USD 1.74 billion in 2022, is expected to reach USD 7.24 billion by 2030, at a CAGR of 19.5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Referral Management Market Regional Analysis/Insights
The referral management market is analyzed and market size insights and trends are provided by country, type, delivery mode, component and end user as referenced above.
The countries covered in the referral management market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of rising demand for quality care at reasonable prices, an ageing population, and an increase in the prevalence of various chronic diseases in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Referral Management Market Share Analysis
The referral management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to referral management market.
Some of the major players operating in the referral management market are:
Allscripts Healthcare LLC (U.S.)
Kyruus (U.S.)
MCKESSON CORPORATION (U.S.)
Conifer Health Solutions LLC (U.S.)
Fibroblast, Inc. (U.S.)
L3Harris Technologies Inc. (U.S.)
Change Healthcare (U.S.)
Eceptionist (U.S.)
Cerner Corporation (U.S.)
CAREPORT HEALTH (U.S.)
eHealth Technologies (U.S.)
Optum Inc. (U.S.)
Keet Health (U.S.)
EZ Referral (Canada)
Persistent Systems (India)
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