Referral Management Market | Contrive Datum Insights

The global Referral Management Market is valued at USD 2.87 billion in 2022 and is expected to grow at a CAGR of 13.79% during the forecast period.

Referral Management Market Overview

A referral management system can be called a tool for tracking patient referrals through the care continuum. The primary goal of a referral management system is to enhance and simplify communication between primary care physicians, specialists, and other healthcare providers. Hence, the benefits associated with referral management solutions will hold great growth prospects. Expanding demand for virtual care will ensure promising growth of the referral management market. Moreover, the growing patient population is expected to exponentially increase the demand for referral management solutions. The adoption of interoperable solutions to effectively manage patient inflow will bring profitable growth to the referral management market.

The Referral Management Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Referral Management market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players:

GetWellNetwork (US), Epic Systems Corporation (US), Cerner Corporation (US), CarePort Health (US), eHealth Technologies, Inc. (US), Optum, Inc. (US), Change Healthcare (US), ReferralMD (US), Kyruus (US), Eceptionist (US), Persistent Systems (India), HealthViewX (US), Conifer Health Solutions, LLC (US), EcoSoft Health (US), DentalCareLinks (US), BlockitNow, Inc. (US), Cloudmed (US), EZ Referral (Canada), ReferWell (US), Arcadia (US), HealthWare Systems (US), Netsmart Technologies, Inc. (US), Advanced (UK), Innovaccer, Inc. (US), Lightbeam Health Solutions (US), MDfit (US), and Medcohere Inc. (US), Allscripts Healthcare Solutions, Inc., SCI Solutions, and others.

Industry Development:

• In 2022, eHealth Technologies partnered with N1X10 to enable cancer patients to retrieve and transform large amounts of medical data to overcome the limitations of standard care.
• In 2022, ReferWell partnered with NexHealth to make it easier for physicians to schedule patient referral appointments at the point of care and improve turnout rates for these specialist visits.
• In 2021, Cloudmed acquired par8o. The acquisition boosts the capabilities of Cloudmed's 340B Discovery Services and enhances the CloudmedAI platform with par8o's advanced machine learning technology.
• In 2020, Blockit (USA) partnered with One Touch Telehealth (USA) to provide telemedicine solutions within their existing infrastructure

What are the major Applications, Types, and Regions for the Referral Management Market?

By Component

• Software
• Services

By Type

• Inbound Referrals
• Outbound Referrals

By Mode of Delivery

• Cloud-based
• On-premise

By End User

• Providers
• Payers
• Other End Users

Referral Management Market Regional Insights:

North America dominates the global market owing to rapid development, increasing penetration of these systems in healthcare practices, and well-established infrastructure. North America dominated the market due to continuous advancements in healthcare IT technologies and the rising popularity of patient referral software applications. The rising patient population helps drive the systems that ensure end-to-end client care for a healthy recovery, which will drive the expansion of the market in APAC. Several factors, including the implementation of federal initiatives to incorporate HCIT solutions, increasing government healthcare spending, and the presence of large patient populations in populous countries such as China and India are expected to drive the expansion of the referral management market in Asia Pacific. Furthermore, the growing geriatric population in the region, and the resulting burden on hospitals and healthcare institutions, will provide opportunities for market growth.

Geographically, the global Referral Management market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Referral Management Market Report Scope:

Frequently Asked Questions (FAQ) about the Referral Management market:

What is the CAGR of the global Referral Management market?

The Referral Management Market is growing at a CAGR of 13.79% during the forecast period.

Which region would offer high growth for vendors in the Referral Management market?

North America dominates the global market owing to rapid development.

Which Is the Most potential market segment?

By Component

• Software
• Services

By Type

• Inbound Referrals
• Outbound Referrals

Which are the top industry players in the Referral Management market?

GetWellNetwork (US), Epic Systems Corporation (US), Cerner Corporation (US), CarePort Health (US), eHealth Technologies, Inc. (US), Optum, Inc. (US), Change Healthcare (US), ReferralMD (US), Kyruus (US), Eceptionist (US), Persistent Systems (India), HealthViewX (US), Conifer Health Solutions, LLC (US), EcoSoft Health (US), DentalCareLinks (US), BlockitNow, Inc. (US), Cloudmed (US), EZ Referral (Canada), ReferWell (US), Arcadia (US), HealthWare Systems (US), Netsmart Technologies, Inc. (US), Advanced (UK), Innovaccer, Inc. (US), Lightbeam Health Solutions (US), MDfit (US), and Medcohere Inc. (US), Allscripts Healthcare Solutions, Inc., SCI Solutions