The Asia Pacific Referral Management Market would witness market growth of 13.2% CAGR during the forecast period (2022-2028).
Referral management systems must be able to interact with a variety of scheduling systems in order to show open appointments when issuing referrals because so many providers use different scheduling software. Healthcare management teams can view and analyze real-time, accurate data about their patient traffic and network offices after a referral is made by monitoring and reporting on each of these steps, from the referral's creation to its acceptance and scheduling.
The need for a referral management system is more understood when the health care provider works solely. It is more likely than ever that general practitioners will be unaware of the best specialists, diagnostic tools, or treatments available for their patients due to the growing specialization and centralization of services. If referral management centers had access to a thorough database of services, they might be able to reroute referrals to more advantageous and cost-effective options.
The health problems and healthcare systems of the various Asia-Pacific nations and territories are frequently different. In high-income Asia-Pacific nations and territories, the percentage of people over 65 is projected to nearly double, while the percentage of those over 80 is projected to triple. The percentage of the population over 65 and over 80 will be two and a half and three times higher respectively in lower-middle and low-income Asia-Pacific nations. The pandemic raised consumer health consciousness and technology exposure, enabling consumers to play more active roles in their own treatment.
The China market dominated the Asia Pacific Referral Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $513.9 million by 2028. The Japan market is estimated to grow a CAGR of 12.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 13.9% during (2022 - 2028).
Based on Type, the market is segmented into Inbound Referrals and Outbound Referrals. Based on Component, the market is segmented into Software and Services. Based on Mode of Delivery, the market is segmented into Cloud-based and On-premise. Based on End User, the market is segmented into Providers, Payers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Referral Management Market is Projected to reach USD 6.4 Billion by 2028, at a CAGR of 12.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include GetWellNetwork, Inc., Epic Systems Corporation, Oracle Corporation (Cerner Corporation), CarePort Health (WellSky Corporation), eHealth Technologies, Inc., UnitedHealth Group, Inc. (Optum, Inc.), Persistent Systems Limited, Cloudmed (R1 RCM, Inc.), EcoSoft Health, and ReferWell.
By Type
By Component
By Mode of Delivery
By End User
By Country
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