DERMATOLOGY EMR SOFTWARE MARKET ANALYSIS

Market News

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.

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.

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.