Industry Background:
Referral management helps the patients to transition into the next step of their treatment at the critical moment. It takes place between primary care provider to specialist and also specialist to specialist. Also it updates the communication among specialists, doctors, nurses and other health providers which helps in reduction of patient leakage and match the care needed by them. Additionally, it brings all the data and images together which is fragmented among different healthcare professionals. Hence these factors are affecting the market growth positively.This growth is primarily driven by Rising government initiatives for the implementation of IT solutions and Increasing prevalence of chronic diseases.
Globally, a noticeable market trend is evident Adoption of automated referral processes. Major Players, such as Allscripts Healthcare Solutions, Inc. (United States), Cerner Corporation (United States), Ehealth Technologies, Inc. (United States), Kyruus, Inc. (United States), Mckesson Corporation (United States), Referralmd (United States), The Advisory Board Company (United States), Clarity Health Service, Inc. (United States), Harris Corporation (United States) and Eceptionist, Inc (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On June 2018, McKesson Corporation which deals with supply management solutions has acquired Medical specialities distributors. McKesson has partnered with pharmaceutical manufacturers and governments to provide right medicines and medical products.
Market Drivers
- Rising government initiatives for the implementation of IT solutions
- Increasing prevalence of chronic diseases
Market Trend
- Adoption of automated referral processes
Restraints
- Risk associated with the data breaching
- Lack of ability to maintain outpatient attendance
Opportunities
Rising geriatric population globally and Increasing adoption of cloud based models in developing economies
Challenges
Lack of skilled IT professionals in health care
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Referral Management Study Sheds Light on
The Referral Management Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Referral Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Referral Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.