SEATTLE, June 07, 2021, (MEDGADGET) — Electronic medical record (EMR) is a part of Electronic Health Record (EHR). A large number of patients with chronic diseases are dermatology outpatients as they require extended follow-up for proper treatment. EMRs in dermatology helps to record dermatological data and 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 adoption of EMRs in the healthcare sector is expected to boost 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 Center 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 UAE.
Moreover, in September 2018, MedX Health Corp., a Canada-based company, launched DermSecure, a telemedicine platform in six clinics in Ontario. DermSecure telemedicine platform enhances skills of dermatologists in terms of disease diagnosis and treatment. In April 2018, Apple Inc. launched Apple Health Records feature that combines data of patients’ current heath and data from their past EHR in the health app by using HL7’s Fast Healthcare Interoperability Resource (FHIR) specification. This keeps patients informed about their drug allergies, medications, and precautions during treatment and also allows patients to check an EHR patient portal for information such as their laboratory test results. As the data is encrypted, the users need to enter a password to view the information.
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Increasing technological development in EMR software is also expected to contribute to 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: Restraint
However, high cost of EHR services is expected to hinder growth of the dermatology EMR software market. For instance, in February 2018, Practice Fusion, Inc., a company in North America, abandoned its business model that contributed to its popularity, as it was offering free EHR software to physicians when it was acquired by Allscripts in 2018. The company later started charging monthly subscription fee of US$ 100 per physician per month for EMR software. Therefore, maintaining the customer base could be a challenge for the company, as it was earlier offering the same service for free.
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. The market in North America is expected to witness the highest market share. This is attributed to increasing adoption of EMR software with advanced features in the region. For instance, in July 2018, Modernizing Medicine, Inc., a U.S.-based company, introduced 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, at the American Academy of Dermatology (AAD) 2018 Summer Meeting. 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 have built-in software to seamlessly integrate them with in-hospital EMRs.
Moreover, key players in the market are also focused on adopting merger and acquisition strategies. 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 its services.
The market in Asia Pacific is primarily driven major M&A activities. 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.
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Dermatology EMR Software Market: Competitive Analysis
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.
Dermatology EMR Software Market – Taxonomy
By End Users
- Specialty Dermatology Clinics
- Cosmetic and Plastic Surgery Centers
- North America
- Asia Pacific
- Latin America
- Middle East
Table of Content
Global Dermatology EMR Software Market Research Report
Section 1: Global Dermatology EMR Software Industry Overview
Section 2: Global Economic Impact on Dermatology EMR Software Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Dermatology EMR Software Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Dermatology EMR Software Market Forecast
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