Patient Referral Management Software Market Size Worth $35.91 Billion By 2030 | CAGR: 17.5%

The global patient referral management software market size is expected to reach USD 35.91 billion by 2030, according to a new study by Polaris Market Research. The report “Patient Referral Management Software Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Type; By Mode of Delivery (Cloud-based, On-premise); By End-Use; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.

The growing demand for the product in the healthcare sector is to improve the quality of treatment given to patients, reduce operational costs and enhance the procedure of medical organizations is expected to drive industry growth. Furthermore, the increasing prevalence of chronic disorders with the rising geriatric population is one of the major factors driving demand.

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Changing lifestyles have led to an increase in various diseases across developed and developing economies which has a huge demand for the applications. Furthermore, it can assist in increasing productivity, reducing time, lower overhead expenses, and preventing data leakage, which is beneficial for both patient and provider; thus stimulating the industry growth.

The COVID-19 pandemic had a positive impact on the demand for patient management application as patients were treated remotely and in the comfort of their homes. In addition, the consumer had a long-time engagement with their healthcare providers, which eventually increased the patient's appointment and influenced the industry growth.

Patient Referral Management Software Market Report Highlights

• Software segment is anticipated to lead the market owing to reduce manual procedures and saving time when incorporated with artificial intelligence, real-time tracking help to identify bottlenecks and improve efficiency in hospitals and clinics, which is expected to drive the industry.
• The cloud-based segment is anticipated to lead the market owing to better flexibility and less capital investment for hardware. In addition, the synchronization of data can be done in real-time, which enables two-way communication between patients and experts.
• The provider is expected to dominate the market and continue its dominance over the forecast period owing to a massive number of patient appointments through in and out-network sources.
• Asia Pacific is expected to grow over the forecast period on account of rising demand for reliable treatment and the adoption of such management application by the healthcare sector to meet patient's needs.

• Major players operating in the industry include Advanced, Allscripts Healthcare Solutions, Arcadia, Athena Health, Blockitnow, Inc., Careport Health, Cerner Corporation, Change Healthcare, Cloudmed, Conifer Health Solutions, Llc., Dentalcarelinks, Eceptionist, Ecosoft Health, Ehealth Technologies, Epic Systems.

Polaris Market Research has segmented the patient referral management software market report based on component, type, mode of delivery, end-use, and region:

Patient Referral Management Software, Component Outlook (Revenue - USD Billion, 2018 - 2030)

• Software
• Services

Patient Referral Management Software, Type Outlook (Revenue - USD Billion, 2018 - 2030)

• Inbound Referrals
• Outbound Referrals

Patient Referral Management Software, Mode of Delivery Outlook (Revenue - USD Billion, 2018 - 2030)

• Cloud-Based
• On-Premise

Patient Referral Management Software, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)

• Providers
• Payers
• Others

Patient Referral Management Software, 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