Referral management market is expected to grow at a moderate rate during the forecast period 2019-2025. Referral management is a computer-assisted software system which is being used to keep track of patient referrals within an organization or between multiple organization. Due to the rapid integration of IT services and technologies in healthcare solutions, demand for referral management systems is increasing at a high growth rate. For instance, electronic health record (EHR) is one of the major breakthroughs in maintaining the health records which is being adopted in healthcare services. Referral management is another management system which works to smoothen the services. Additionally, with the increased number of patients and well-organized healthcare service management, healthcare providers are shifting towards referral management systems. Further, investment in public and private spending healthcare sector is augmenting the market value for global referral management market.
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However, the lack of skilled professionals for IT services in healthcare, and concerns pertaining to data security are coming as major challenges in the global referral management market. In the economies with less penetration of IT services, difficulties such as poor understanding of technology, and a dearth of skilled professionals hinder the market. Data security is another major concern in both the developed and the emerging economies, therefore increasing government interference, which may slow down the adoption.
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Global referral management market is segmented on the basis of deployment method and regional outlook. The market is analyzed into cloud-based deployment and on-premises deployment on the basis of the deployment method. The increasing adoption of cloud-platform in healthcare organizations is contributing to the growth of the cloud-based deployment. Further, on-premise also contribute to the market growth significantly as it serves as an ideal model for large organizations due to the presence of necessary infrastructure such as in-house IT support and backup servers that offers immense security.
Global Referral Management Market Segmentation
By Deployment Method
Cloud-based deployment
On-premises deployment
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
ABILITY Network Inc.
Allscripts Healthcare Solutions, Inc.
Athenahealth, Inc.
Cerner Corp.
Conifer Health Solutions, LLC
Eceptionist, Inc.
eHealth Technologies, Inc.
Electronic Referral Manager, LLC
Epic Systems Corp.
Formativ Health, Inc.
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