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Referral Management Market is expected to generate a revenue of USD 13.48 Billion by 2031, Globally, at 15.8% CAGR: Verified Market Research®

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The Referral Management Market is driven by the increasing demand for coordinated patient care, the rising adoption of digital healthcare solutions, and government initiatives promoting healthcare IT. Additionally, the growing need to reduce healthcare costs further fuels market growth. However, challenges such as data security concerns, high implementation costs, and the complexity of integrating referral management systems with existing healthcare infrastructure act as significant restraints.

LEWES, Del., Sept. 2, 2024 /PRNewswire/ — The Global Referral Management Market Size is projected to grow at a CAGR of 15.8% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.17 Billion in 2023 and is expected to reach USD 13.48 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=2307

Browse in-depth TOC on “Global Referral Management Market Size

202 – Pages
126 – Tables
37 – Figures

Report Scope

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Ambition, BetterUp, Boxever, Brand24, Extole, Fivestars, Greateasy, Influitive, Joolea, Kickback, Mention, NPSoftware, Outfunnel, ReferralCandy, RewardSheep, Socialbakers, Smarter Referrals, and Talkable

SEGMENTS COVERED

By Component, By Type, By Delivery Mode, By End-user, and By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Global Referral Management Market Overview

Growing Demand for Coordinated Patient Care: The Referral Management Market is primarily driven by the increasing need for integrated patient care. Healthcare providers are increasingly striving for smooth communication between different departments, which results in improved patient outcomes and operational efficiency. The adoption of referral management systems is directly driven by this demand, leading to market growth as institutions emphasize efficient operations and reduced inefficiencies.

Adoption of Digital Healthcare Solutions: The Referral Management Market is being significantly influenced by the swift transition towards digital healthcare solutions. Integrating referral management systems is crucial for healthcare providers to ensure continuity of care as they adopt electronic health records (EHRs) and telehealth services. The rapid adoption of advanced technologies by businesses is driving market expansion, as they seek to enhance patient experiences and maximize resource allocation.

Government Initiatives and Regulatory Support: Government initiatives and regulatory assistance play a vital role in driving the Referral Management Market. The implementation of policies that encourage the adoption of healthcare IT and the promotion of accountable care organizations (ACOs) contribute to the creation of a favorable setting for referral management systems. These regulatory frameworks promote the growth of the market by incentivizing healthcare providers to implement systems that guarantee compliance and enhance care coordination.

Data Security and Privacy Concerns: A significant limitation in the Referral Management Market is the apprehension over data security and privacy. The growing digitization of patient information poses a substantial issue in terms of the danger of data breaches and unauthorized access. These issues can impede market expansion as healthcare providers may be reluctant to employ referral management systems that do not provide complete assurance of data confidentiality and compliance with rigorous laws.

High Implementation and Maintenance Costs: The exorbitant expenses linked to the establishment and upkeep of referral management systems provide a substantial obstacle to market expansion. For numerous healthcare providers, especially smaller clinics, the initial capital expenditure and continuous costs can be restrictive. The financial load hampers the rate at which adoption occurs, especially in areas with constrained healthcare resources, hence impeding market growth.

Complexity of System Integration: The integration of referral management systems with current healthcare infrastructure is a significant obstacle in the industry. Healthcare providers often have difficulties in smoothly integrating these technologies with their existing EHRs and other digital tools, which can result in possible disruptions in operations. The complexity of this integration can discourage the adoption of new technologies, especially in facilities that still use outdated systems, which in turn restricts the expansion of the market.

Geographical Dominance:

Geographically speaking, North America dominates the referral management market due to its sophisticated healthcare infrastructure, high rate of digital health technology use, and robust regulatory environment. The region’s dominance has a substantial impact on market growth since it promotes innovation and establishes industry standards. Advancements are further accelerated by the well-established presence of leading market players in North America, which influences worldwide adoption trends and fuels total market expansion.

Key Players

The “Global Referral Management Market” study report will provide a valuable insight with an emphasis on the global market.  The major players in the market are Ambition, BetterUp, Boxever, Brand24, Extole, Fivestars, Greateasy, Influitive, Joolea, Kickback, Mention, NPSoftware, Outfunnel, ReferralCandy, RewardSheep, Socialbakers, Smarter Referrals, and Talkable.

Global Referral Management Market Segment Analysis

Based on the research, Verified Market Research has segmented the global Referral Management Market into Component, Type, Delivery Mode, End-user, and Geography.

Referral Management Market, by ComponentSoftwareServicesReferral Management Market, by TypeInbound ReferralsOutbound ReferralsReferral Management Market, by Delivery ModeWeb-basedCloud-basedOn-premiseReferral Management Market, by End-UserProvidersPatientsPayersOthersReferral Management Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America

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Technology

Rarecells Inc. Appoints Dr. Neil Kurtz to Board of Directors

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NEW YORK and PARIS, March 26, 2025 /PRNewswire/ — Rarecells Inc., a pioneering company in liquid biopsy technology, is pleased to announce the appointment of Dr. Neil Kurtz to its Board of Directors. Dr. Kurtz, a renowned healthcare entrepreneur and executive, brings over 40 years of experience in the pharmaceutical, contract research, post-acute care, and medical diagnostic sectors.

Dr. Kurtz has a distinguished career as a founder of several successful companies, including Medidata Systems and Worldwide Clinical Trials, which collectively generated over $8 billion in value for investors. He has served as CEO of both public and private companies and has held senior executive positions in top pharmaceutical and healthcare organizations. His leadership experience includes serving as President and CEO of Golden Living, one of the United States’ largest providers of diversified care.

“We are delighted to welcome Dr. Kurtz to our Board of Directors,” said Dr. Patrizia Paterlini, CEO of Rarecells Inc. “His extensive expertise in diagnostics, finance, and scientific research, along with his strategic insights, will be invaluable as we continue to develop and commercialize our innovative liquid biopsy technology for early cancer detection. His addition strengthens our commitment to assembling a board with significant expertise to guide our mission of delivering unparalleled, label-free access to intact circulating tumor cells and their CTC-DNA for downstream analysis. We are confident that Dr. Kurtz’s leadership will further enhance our efforts to bring cutting-edge solutions to the forefront of precision oncology.”

“I am honored to join the already exceptional Board of Directors at Rarecells,” said Dr. Kurtz. “I am aligned with the company’s belief that through its ISET technology it has the potential to revolutionize cancer diagnostics and personalized treatment, having a profound impact on the lives of millions of patients worldwide. I look forward to sharing the insights I have gained across my industry experience and contributing to Rarecells’ growth and success in this critical field, where the unmet need remains critical.”

Dr. Kurtz is the 5th member of Rarecells’ Board of Directors. The other members are Patrizia Paterlini MD, PhD, President, CEO & Founder of Rarecells;  Neil Gunn, PhD, former head of Roche Molecular Systems and Roche Sequencing, Christian Brechot MD, PhD, Senior Associate Dean for Research in Global Affairs and the Associate Vice-President for International Partnerships and Innovation at the University of South Florida, Tampa & President of the Global Virus Network; Thierry de Marignac, Former Partner at Banque Mirabaud & Cie & Leading Investor.

About Rarecells Inc.

Rarecells Inc. is a leading company in the development of innovative non-invasive tests for early cancer diagnosis based on a proprietary hypersensitive AI-based Circulating Tumor Cells (CTCs) and CTC-DNA detection. Founded in 2012, the firm is headquartered in New York with offices and laboratories in New York and Paris. For more information, visit www.rarecells.com

Contact: media@rarecells.com

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SOURCE Rarecells, Inc.

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Technology

Metrasens Broadens Market Reach with iT1 Source Partnership

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NAPERVILLE, Ill., March 26, 2025 /PRNewswire/ — Metrasens, a leading provider of advanced detection systems for security and safety applications, today announced a strategic partnership with iT1 Source, LLC, a leader in IT solutions, technology, and security services. This collaboration brings together iT1’s expertise in technology integration and Metrasens’ innovative security solutions to address the evolving needs of organizations seeking robust protection against physical threats.

Through this partnership, iT1 Source will offer Metrasens’ industry-leading passive detection technology, Metrasens Ultra, providing organizations with advanced, efficient, and flexible screening solutions. Unlike other detection systems, Metrasens Ultra is the only multi-use solution specifically designed to detect small concealed weapons and contraband that can lead to violence, as well as hidden electronics that pose a risk of sensitive or secure data leaks.

“We’re thrilled to partner with Metrasens to deliver state-of-the-art security solutions that align with our commitment to innovation and customer success,” said Ian Dunnington, Vice President of Public Sector at iT1 Source. “This partnership enables us to address growing concerns around physical security by offering our clients a proven product from Metrasens that enhances safety and peace of mind.”

Simon Goodyear, Chief Executive Officer at Metrasens, added, “Our collaboration with iT1 Source allows us to bring our cutting-edge detection technology to a wider audience. iT1 Source has a great reputation, strong relationships, and a good coverage model in markets where Metrasens is a strong fit.  Together, we are creating safer environments with efficient, reliable, and easy to implement solutions.”

Metrasens’ technology stands out for its ease of use, portability, and adaptability across a wide range of applications, including government facilities, healthcare institutions, and critical infrastructure. The passive detection system ensures a non-intrusive experience while maintaining high security standards, making it an ideal solution for organizations looking to enhance their safety measures without compromising efficiency.

By joining forces, iT1 Source and Metrasens are committed to delivering cutting-edge security solutions that safeguard people and assets against emerging threats. Organizations can now confidently leverage this powerful combination of technology and expertise to reinforce their security infrastructure.

About Metrasens
Metrasens is the world’s leading provider of advanced magnetic detection technologies. With a technology center and manufacturing facility in the United Kingdom, a North American sales and customer service hub in Chicago and a global network of distributors, the company’s innovative products are designed to address deficiencies in conventional screening methods and make the world safer and more secure. Metrasens’ mission is to take cutting-edge science from the laboratory and use it to create revolutionary, award-winning products that meet the distinct and diverse security needs of its customers. Metrasens’ core technologies have a wide range of real-world applications, embodied by solutions that are easy to adopt and simple to use.

For more information, visit http://www.metrasens.com.

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SOURCE Metrasens

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Orijin and Interplay Learning Expand Partnership to Offer 15 Learning Pathways to Support Pre-Apprenticeships and Additional Skilled Trades Training in Correctional Facilities

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AUSTIN, Texas and NEW YORK, March 26, 2025 /PRNewswire/ — Orijin, a technology leader in evidence-based learning and workforce development programming for correctional jurisdictions, and Interplay Learning, the leading provider of immersive skilled trades training, have expanded their partnership to provide greater access to workforce development opportunities for justice-impacted individuals. This expansion introduces pre-apprenticeship pathways and additional skilled trades training options to better prepare individuals for sustainable careers post-release.

Building on the success of their initial partnership, which provided Interplay’s career exploration and foundational training through Orijin’s secure platform, this new phase extends the offering to include 15 comprehensive learning pathways from Interplay Learning. These learning tracks feature expanded course hours and industry-relevant training, enabling learners to develop in-demand trade skills in fields such as HVAC, electrical, plumbing, and facilities maintenance.

Delivered on safe and secure digital tablets, these expanded pathways include options for pre-apprenticeship opportunities, designed to help individuals transition more seamlessly into the workforce. These structured programs provide hands-on skills training that aligns with industry expectations, increasing employability and reducing barriers to job placement post-incarceration.

“This partnership expansion represents a significant step in breaking down employment barriers for justice-impacted individuals,” said Arti Finn, Chief Strategy Officer and Co-Founder at Orijin. “By integrating pre-apprenticeships and deeper training opportunities, we are not only providing education but also real pathways to sustainable careers that lead to long-term success.”

Orijin’s secure managed learning platform ensures that learners in correctional facilities can access Interplay Learning’s hands-on training in a controlled environment. The expanded training catalog complements Orijin’s existing educational content, which includes employability readiness, ESL courses, and financial literacy, providing a holistic approach to re-entry preparation.

“Through our partnership with Orijin, we are making high-quality skills training more accessible to justice-involved individuals who are eager to build stable careers,” said Doug Donovan, CEO of Interplay Learning. “By expanding our learning pathways and introducing pre-apprenticeships, we’re equipping more individuals with the tools they need to successfully re-enter the workforce.”

Orijin and Interplay Learning remain committed to fostering career readiness among justice-involved individuals, helping them gain the skills and confidence needed to secure meaningful employment upon release. 

About Interplay Learning
Interplay Learning, the leader in immersive learning for the skilled trades, now includes Industrial Training International (ITI), the global leader in specialized industrial learning solutions. Leveraging instructor-led training, online simulations, AI, and VR, Interplay helps organizations and educational institutions upskill faster, reduce risk, and increase operational readiness. With nearly 600,000 people trained, Interplay is shaping the future of workforce development, building better careers and better lives. Visit www.interplaylearning.com to learn more.

About Orijin
Founded in 2014, Orijin breaks the cycle of incarceration by preparing every justice-impacted individual for a sustainable career. Orijin provides a robust, cloud-based learning and communications platform delivered on secure devices in hundreds of correctional facilities across the country. As a public benefit corporation and Certified B Corporation, Orijin does not charge incarcerated individuals nor their families for its solutions. For more information, visit www.orijin.works.

MEDIA CONTACT: 
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com

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SOURCE Interplay Learning

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