DERMATOLOGY EMR SOFTWARE MARKET ANALYSIS

Regional Analysis

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.