Product Code: PM2747
The global referral management market size is expected to reach USD 9.04 billion by 2030, according to a new study by Polaris Market Research. The report "Referral Management Market Share, Size, Trends, Industry Analysis Report, By Component (Software, and Services); By Type; By Deployment Mode; By End-Use; By Region; Segment Forecast, 2022-2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Governments around the world are concentrating their efforts on helping promote healthcare IT solutions to improve healthcare productivity and reduce costs. Governments are collaborating with healthcare professionals to expedite seamless information exchange between healthcare systems to organize care and reduce entirely preventable costs effectively. For example, the Argentine Ministry of Health is constructing a nationwide digital health network in 2020 that will allow care centers to access patient data quite firmly through a standardized integration process, which has used Red Hat container, incorporation, and automation systems.
The growing number of geriatrics, as well as the associated increase in chronic diseases, will start driving even more requirements for referral management services. The aging population, combined with an increase in the number of initiatives launched by government agencies to improve the adoption of healthcare IT solutions, is expected to drive market demand.
For instance, in December 2019, Eceptionist announced the release of an updated software version that includes "eConsult" services. With this official launch, healthcare organizations now have more flexibility in managing their workflow, as well as the capability to quickly convert an eConsult into a referral with such a single click.
Additionally, several countries governments are increasing their concentration on revamping health systems to provide quality healthcare to their citizens. Healthcare IT solutions are also receiving attention as technological advancements accelerate. These solutions offer patients a high level of convenience while ensuring an efficient process. These factors will eventually significantly accelerate the growth of the market. In healthcare facilities, adopting referral management systems will add value to the growth path.
Referral Management Market Report Highlights
Cloud-Based segment is anticipated to grow at the highest CAGR over the forecast period. This segment's rapid expansion can be attributed to increased demand for cloud-based alternatives, which offer benefits such as instant self-serving analytics, neither up-front infrastructure investment for hardware, and excessive capacity flexibility, among many others.
Inbound type segment is expected to dominate the market over the forecast period. The factors driving the expansion of this sector are the huge amount of inbound referrals obtained by hospitals and specialized centers from various channels.
The providers' segment is expected to spearhead revenue growth. The growing emphasis on optimizing the patient referral process and empowering seamless connectivity is increasing the demand for referring management among healthcare professionals.
Asia-Pacific is expected to grow at the highest CAGR over the projected period due mainly to the region's rapidly increasing healthcare industry, technological progress, and infrastructural development in major economies, including India and China.
Major players operating in the industry include Allscripts Healthcare Solutions, Inc., BlockitNow, Inc., Ehealth Technologies, Inc., Eceptionist, Inc., Harris Corporation, Kyruus, Inc., Mckesson Corporation, Netsmart Technologies, Inc., and The Advisory Board Company.
Polaris Market Research has segmented the referral management market report based on component, type, deployment mode, end-use, and region:
Referral Management, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Software
Integrated
Standalone
Services
Referral Management, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Inbound Referrals
Outbound Referrals
Referral Management, Deployment Mode Outlook (Revenue - USD Billion, 2018 - 2030)
Cloud-based
On-premise
Referral Management, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Providers
Payers
Patients
Other End Use
Referral Management, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Referral Management Market Insights
- 4.1. Referral Management - Industry Snapshot
- 4.2. Referral Management Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising adoption of digital solutions
- 4.2.1.2. Increasing government initiatives to incorporate IT solutions in healthcare
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Lack of awareness
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Referral Management Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Referral Management Market, by Deployment Mode
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 5.3. Cloud-based
- 5.3.1. Global Referral Management Market, by Cloud-based, by Region, 2018 - 2030 (USD Billion)
- 5.4. On-premise
- 5.4.1. Global Referral Management Market, by On-premise, by Region, 2018 - 2030 (USD Billion)
6. Global Referral Management Market, by Component
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 6.3. Software
- 6.3.1. Global Referral Management Market, by Software, by Region, 2018 - 2030 (USD Billion)
- 6.3.2. Integrated
- 6.3.2.1. Global Referral Management Market, by Integrated, by Region, 2018 - 2030 (USD Billion)
- 6.3.3. Standalone
- 6.3.3.1. Global Referral Management Market, by Standalone, by Region, 2018 - 2030 (USD Billion)
- 6.4. Services
- 6.4.1. Global Referral Management Market, by Services, by Region, 2018 - 2030 (USD Billion)
7. Global Referral Management Market, by Type
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 7.3. Inbound Referrals
- 7.3.1. Global Referral Management Market, by Inbound Referrals, by Region, 2018 - 2030 (USD Billion)
- 7.4. Outbound Referrals
- 7.4.1. Global Referral Management Market, by Outbound Referrals, by Region, 2018 - 2030 (USD Billion)
8. Global Referral Management Market, by End-Use
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 8.3. Providers
- 8.3.1. Global Referral Management Market, by Providers, by Region, 2018 - 2030 (USD Billion)
- 8.4. Payers
- 8.4.1. Global Referral Management Market, by Payers, by Region, 2018 - 2030 (USD Billion)
- 8.5. Patients
- 8.5.1. Global Referral Management Market, by Patients, by Region, 2018 - 2030 (USD Billion)
- 8.6. Other End Use
- 8.6.1. Global Referral Management Market, by Other End Use, by Region, 2018 - 2030 (USD Billion)
9. Global Referral Management Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Referral Management Market Assessment, By Geography, 2018 - 2030 (USD Billion)
- 9.3. Referral Management Market - North America
- 9.3.1. North America: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.3.2. North America: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.3. North America: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.3.4. North America: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.3.5. Referral Management Market - U.S.
- 9.3.5.1. U.S.: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.3.5.2. U.S.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.5.3. U.S.: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.3.5.4. U.S.: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.3.6. Referral Management Market - Canada
- 9.3.6.1. Canada: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.3.6.2. Canada: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.3.6.3. Canada: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.3.6.4. Canada: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4. Referral Management Market - Europe
- 9.4.1. Europe: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.2. Europe: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.3. Europe: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.4. Europe: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.5. Referral Management Market - UK
- 9.4.5.1. UK: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.5.2. UK: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.5.3. UK: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.5.4. UK: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.6. Referral Management Market - France
- 9.4.6.1. France: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.6.2. France: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.6.3. France: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.6.4. France: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.7. Referral Management Market - Germany
- 9.4.7.1. Germany: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.7.2. Germany: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.7.3. Germany: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.7.4. Germany: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.8. Referral Management Market - Italy
- 9.4.8.1. Italy: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.8.2. Italy: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.8.3. Italy: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.8.4. Italy: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.9. Referral Management Market - Spain
- 9.4.9.1. Spain: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.9.2. Spain: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.9.3. Spain: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.9.4. Spain: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.10. Referral Management Market - Netherlands
- 9.4.10.1. Netherlands: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.10.2. Netherlands: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.10.3. Netherlands: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.10.4. Netherlands: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.4.11. Referral Management Market - Russia
- 9.4.11.1. Russia: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.4.11.2. Russia.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.4.11.3. Russia: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.4.11.4. Russia: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5. Referral Management Market - Asia Pacific
- 9.5.1. Asia Pacific: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.2. Asia Pacific: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.3. Asia Pacific: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.4. Asia Pacific: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.5. Referral Management Market - China
- 9.5.5.1. China: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.5.2. China.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.5.3. China: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.5.4. China: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.6. Referral Management Market - India
- 9.5.6.1. India: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.6.2. India.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.6.3. India: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.6.4. India: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.7. Referral Management Market - Japan
- 9.5.7.1. Japan: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.7.2. Japan.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.7.3. Japan: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.7.4. Japan: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.8. Referral Management Market - Malaysia
- 9.5.8.1. Malaysia: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.8.2. Malaysia.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.8.3. Malaysia: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.8.4. Malaysia: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.9. Referral Management Market - Indonesia
- 9.5.9.1. Indonesia: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.9.2. Indonesia.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.9.3. Indonesia: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.9.4. Indonesia: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.5.10. Referral Management Market - South Korea
- 9.5.10.1. South Korea: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.5.10.2. South Korea.: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.5.10.3. South Korea: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.5.10.4. South Korea: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.6. Referral Management Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.6.2. Middle East & Africa: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.3. Middle East & Africa: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.4. Middle East & Africa: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.5. Referral Management Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.6.5.2. Saudi Arabia: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.5.3. Saudi Arabia: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.5.4. Saudi Arabia: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.6. Referral Management Market - South Africa
- 9.6.6.1. South Africa: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.6.6.2. South Africa: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.6.3. South Africa: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.6.4. South Africa: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.7. Referral Management Market - Israel
- 9.6.7.1. Israel: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.6.7.2. Israel: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.7.3. Israel: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.7.4. Israel: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.6.8. Referral Management Market - UAE
- 9.6.8.1. UAE: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.6.8.2. UAE: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.6.8.3. UAE: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.6.8.4. UAE: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.7. Referral Management Market - Latin America
- 9.7.1. Latin America: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.7.2. Latin America: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.3. Latin America: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.4. Latin America: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.5. Referral Management Market - Mexico
- 9.7.5.1. Mexico: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.7.5.2. Mexico: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.5.3. Mexico: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.5.4. Mexico: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.6. Referral Management Market - Brazil
- 9.7.6.1. Brazil: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.7.6.2. Brazil: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.6.3. Brazil: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.6.4. Brazil: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
- 9.7.7. Referral Management Market - Argentina
- 9.7.7.1. Argentina: Referral Management Market, by Deployment Mode, 2018 - 2030 (USD Billion)
- 9.7.7.2. Argentina: Referral Management Market, by End-Use, 2018 - 2030 (USD Billion)
- 9.7.7.3. Argentina: Referral Management Market, by Component, 2018 - 2030 (USD Billion)
- 9.7.7.4. Argentina: Referral Management Market, by Type, 2018 - 2030 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Allscripts Healthcare
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. BlockitNow, Inc
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Conifer Health Solutions
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Clarity Health Service
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Cerner Corporation
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. E-health Technologies, Inc
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Eceptionist, Inc
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. Harris Corporation
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Kyruus, Inc
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Mckesson Corporation
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
- 11.11. Netsmart Technologies
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
- 11.12. Advisory Board Company
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development