A strong uptake and positive customer perception have together contributed to the rise of telehealth apps across the globe. There are several analyses that indicate how in 2021, the global telehealth market size was risen at a 26.5% CAGR and is stipulated to reach USD 475.50 billion by 2026.
This change from physical doctor visit to accessing medical care online, while borne out of necessity created by the pandemic, has today firmed its ground at the back of these elements –
- Greater consumer willingness to use telemedicine apps
- Increased willingness of doctors and healthcare providers to use telehealth apps
- Regulatory changes enabling access and reimbursement of telemedicine mobile apps
While on one hand, telehealth applications have been playing a major role in making care accessible and affordable for the consumers, the industry also shows potential for the entrepreneurs looking to enter the space.
As per the rock health digital health funding report, the venture capital investment in the digital health space in the H1 of 2021 counted for $14.7 billion, which is almost twice the investments made in 2019 – $7.7 billion. Moreover, the revenue of the top 60 telehealth mobile apps stood at $5.5 billion near the end of 2020.
As you can gather, the demand for telemedicine app development is not just a consumer-generated need but also one that is profitable for the entrepreneurs looking to enter the virtual medical care space.
In this article today, we are going into the different aspects of how to develop a telemedicine app – the different telemedicine apps features and the cost of telemedicine software along with a number of other key details.
The demand for healthcare mobile app developers is not just a consumer-generated need but also one that is profitable for the entrepreneurs looking to enter the virtual medical care space.