Electronic medical records (EMRs) is a part of Electronic Health Records (EHR). Dermatology outpatients include large number of patients with chronic diseases since they need long follow-up durations for cure. Therefore, EMRs in dermatology will be useful in recording dermatological data. EMRs in dermatology also allows streamlined, one-click retrieval of old records, previous investigation reports, medical bills, X-rays, and graphics of affected area on body on which the dermatologist can analyze skin lesions along with rashes, and ulcers.
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Dermatology EMR Software Market: Drivers
Increasing awareness for use of EMRs in healthcare sector is expected to propel growth of the dermatology EMR software market. For instance, in November 2017, the Dubai Health Authority (DHA) completed the third and final phase of the unified electronic medical record (EMR) system Salama, in Latifa Hospital, Hatta Hospital, Thalassemia Centre, Dubai Gynecology and Fertility Centre, and all DHA Medical Fitness Centers across the United Arab Emirates (UAE). Salama stores vital patient information such as the medical history of the patient, past surgery details, lab test results, and X-ray reports, which can be easily accessed by any DHA doctor from all DHA facilities across the UAE region.
Furthermore, advancements in the EMR software is expected to boost growth of the dermatology EMR software market. For instance, in July 2018, Yale School of Medicine in the U.S. developed voice recognition software for EMR, which will reduce time of physicians during patient consulting. Physicians can login once at the start of their shift, which will save physicians time by eliminating 20 to 140 logins per physician per day. This has improved the user experience with EMRs.
Dermatology EMR Software Market: Regional Analysis
On the basis of region, the global dermatology EMR software market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to account for largest market share in the dermatology EMR software market, owing to adoption of EMR software with advanced features in the region. For instance, in July 2018, Modernizing Medicine, Inc., a U.S.-based company, at the American Academy of Dermatology (AAD) 2018 Summer Meeting, declared introduction of EMR software with new features such as, Electronic Medical Assistant, (EMA); a mobile EHR system with touch-and-swipe technology and also features the dermatology electronic health record (EHR) system, including electronic prior authorization (ePA), Real-time Prescription Benefit, and Inventory Management.
Furthermore, in March 2018, Spectralink Corporation, a U.S.-based company, released a new line of smart phones designed specifically for use in healthcare. The Spectralink Versity phones are resistant to water and chemicals. The devices run on the latest Oreo Android operating system and has built-in software to seamlessly integrate them with in-hospital EMRs.
Moreover, mergers and acquisitions in the U.S. is also expected to drive growth of the market. For instance, in June 2017, athenahealth, a cloud-based EHR company, acquired Praxify Technologies in a US$ 63 million deal. Praxify Technologies originates with a number of applications, including a personal assistant program integrated with EHRs and artificial intelligence aimed at patient engagement. This acquisition is expected to improve athenahealth’s performance in providing their services.
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Dermatology EMR Software Market – Taxonomy
By End Users
- Specialty Dermatology Clinics
- Cosmetic and Plastic Surgery Centers
Dermatology EMR Software Market: Competitive Analysis
Strategies adopted by key players such as acquisitions in Asia Pacific region is expected to boost growth of the dermatology EMR software market in this region. For instance, in August 2018, Persistent Systems, an India-based company, acquired Herald Health. Herald Health is a software platform that allows various hospital stakeholders to be automatically notified when data in the EHR and other data systems changes.
Key players operating in the dermatology EMR software market include Encite, Inc., MetaOptima Australia Pty Ltd, CureMD Healthcare, CloudPital, CollaborateMD Inc., eClinicalWorks, CompuGroup Medical, mdconnection, and Practice Fusion, Inc.
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