Dermatology EMR Software Market: Demand, Insights, Analysis, Opportunities, Segmentation and Forecast to 2026
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.
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.
Moreover, in
September 2018, MedX Health Corp., a Canadian company, launched
DermSecure, its telemedicine platform, in six Ontario clinics.
DermSecure telemedicine platform offers benefits to patients and
primary care physicians by working with dermatologists for enhancing
their skills in terms of disease diagnosis and treatment.
Furthermore, Apple
Inc., in April 2018, 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 allow users to
know about their drug allergies, medications, and precautions during
treatment. It also allow patients to check an EHR patient portal for
information such as their laboratory test results. The users need to
enter a password to view the information, as the data is encrypted.
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.
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Dermatology EMR
Software Market: Restraint
Increasing cost of
EHR services offered by key players is expected to hamper 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.
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.
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.
Dermatology EMR
Software Market – Taxonomy
By Deployment
Cloud-based
On-premise
By End Users
Hospitals
Specialty
Dermatology Clinics
Cosmetic and
Plastic Surgery Centers
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
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