Sarasota, FL -- (SBWIRE) -- 03/13/2019 -- Zion Market Research has published a new report titled "Dermatology Software Market by Type (EMR, Practice Management, Revenue Cycle Management, Patient Engagement, and Electronic Data Interchange) and by Application (Large Hospitals, Small- and Medium-Sized Hospitals, Urgent Care Centers, and Specialty Centers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025". According to the report, the global dermatology software market was valued at approximately USD 196 million in 2018 and is expected to generate around USD 415 million by 2025, at a CAGR of around 11.3% between 2019 and 2025.

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Dermatology software offers a comparatively easy solution for medical professionals and practitioners by visually searching for images based on Content-Based Image Retrieval (CBIR) system. It offers many advantages, such as automated workflows for treatment and packages, availability of medical summary, and all electronic medical records for dermatology clinics. Additionally, it also has advanced features, such as modernization of front desk, SMSes and email reminders for patients, fast patient registrations, and integrated pharmacy and inventory. The consistently increasing benefits of dermatology software enable the availability of visual search that helps the medical professionals to consult patients more efficiently. The dermatology software is easy to learn and offers a brilliant analysis of the patient's data. Cloud computing is playing a major role in dermatology, as it provides reliable access to network backups to prevent data loss due to local hardware failures. This allows the dermatologists to access information from remote locations, which, in turn, promotes accessibility and saves time while reducing the costs of in-house equipment and storage space.

The increasing population suffering from skin cancer is the major factor influencing the dermatology software market growth. Dermatology software is equipped with intelligent tools that are designed to support clinical decisions for streamlined care and early detection of skin cancer among other skin conditions for improved patient outcomes. Furthermore, the growing number of government regulations to implement EMR in the healthcare industry is boosting the dermatology software market globally.

On the basis of type, the dermatology software market is segmented into EMR, practice management, revenue cycle management, patient engagement, and electronic data interchange. The EMR (Electronic Medical Records) segment held a major market share in 2018 and is anticipated to dominate in the future. EMRs in dermatology are used in recording dermatological data and allow one-click retrieval of old records, previous investigation reports, X-rays, medical bills, and body graphics on which the dermatologist can analyze skin lesions. Due to their multi-specialty capabilities, multi-function, EMRs are used in various specialties through incorporated plugins and flexible functioning.

Based on application, the dermatology software market is categorized into large hospitals, small- and medium-sized hospitals, urgent care centers, and specialty centers. Large hospitals held the maximum market share in 2018 and are expected to grow considerably in the upcoming years. Introduction, integration, and interoperability of the dermatology software are complex and require extensive training. Therefore, large hospitals can afford the integration and training capital of this software.

By region, North America held for the largest market share in 2018 and is anticipated to dominate over the forecast time period. The presence of substantial renowned players, such as McGraw-Hill Education, has made North America a considerable market for dermatology software globally. Additionally, technological advancements and the adoption rate of the software with the advanced features are high in this region. For instance, in 2018, the U.S.-based company Spectralink Corporation launched a new line of smartphones specifically designed for use in the healthcare sector. These phones are resistant to chemicals and water along with in-built software to integrate them with the in-hospital EMRs.

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Some major players operating in the global dermatology software market are 4S Information Systems Ltd., CareCloud Corporation, Compulink Healthcare Solutions, Remedly, Inc., Henry Schein Medical Systems, Inc., Kareo, Inc., Modernizing Medicine, Nextech Systems, LLC, Encite, Inc., QSI Management, LLC, AdvancedMD, Inc., Bizmatics Inc., Spectralink Corporation, and CureMD Healthcare.

This report segments the global dermatology software market into:

Global Dermatology Software Market: Type Analysis

EMR
Practice Management
Revenue Cycle Management
Patient Engagement
Electronic Data Interchange

Global Dermatology Software Market: Application Analysis

Large Hospitals
Small- and Medium-Sized Hospitals
Urgent Care Centers
Specialty Centers

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Global Dermatology Software Market: Regional Analysis

North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa