The COVID-19 Pandemic has accelerated digital transformation in healthcare at breakneck speed. However, among all the innovative solutions now being developed in the healthcare industry, Telemedicine App Development seems to have gained the highest popularity.
According to the U.S. News, Telemedicine services grew from 1,000% to 4,000% in just one month in 2020. Furthermore, the Telemedicine market which generated $40.20 Billion US dollars in 2020 is forecasted to reach $431.82 Billion US dollars by the year 2030.
Now, if these numbers didn’t convince you to invest in a Telemedicine app, the following report from a recent study most definitely will.
As per the Spyglass Consulting Group’s recent study, 88% of healthcare providers have either already invested or planning to invest in a telemedicine app this year.
What this means is that if you don’t join the telemedicine bandwagon soon, you’re simply going to lose your competitive edge in the healthcare market.
To help you prevent that from happening, we’ve prepared a comprehensive Telemedicine App Development Guide that explains everything you need to know about Telemedicine, starting with the basics to a step-by-step process of how to build a Telemedicine App.
What is Telemedicine?
Telemedicine isn’t new. The global lockdown restrictions led by the COVID-19 Pandemic simply forced both patients & healthcare providers to mass-adopt it as the new way to obtain healthcare services.
Telemedicine basically refers to remote clinical services, powered by the use of technology to allow communication between patients & a healthcare provider.
In simple words, it is a method to deliver healthcare services to patients remotely.
Through Telemedicine, patients can discuss symptoms, medical issues, and their overall health conditions with a healthcare provider via a real-time video chat, patient portal, etc., and receive information about the diagnosis, treatment options, and get a prescription.
5 Concrete Reasons to Build a Telemedicine App in 2022
The demand for Telemedicine apps has surged to a great extent due to several reasons.
Below are the 5 most crucial reasons why Telemedicine app development is indispensable going forward.
1. The COVID-19 Pandemic Effect
The changed behavior of both patients and medical professionals due to the Pandemic is the first reason to invest in a Telemedicine app.
According to McKinsey, the number of telemedicine users, both healthcare providers & patients, have increased by 100 times since the COVID-19 Pandemic.
Statista also reported that 60-75% of the US population is now willing to use a telemedicine app regularly.
Simply put, the post-pandemic healthcare market trends offer a terrific opportunity to invest in a Telemedicine app.
2. Spike in Investments
The mass adoption of Telemedicine apps among both patients & medical professionals has incurred a huge spike in the investments in telemedicine app development. And it’s another reason to invest in a telemedicine app.
According to the market research by Data Breach, the telemedicine market will increase at a CAGR of 22.67 percent.
Statista also reported that the market value of the Telemedicine sector is predicted to reach over $175 Billion US Dollars by 2026.
Based on these statistics, it’s clear that there is a boom in the telemedicine market.
3. Reduces Healthcare Costs
With telemedicine services, healthcare businesses & self-employed doctors no longer have to rent a working space. The telemedicine app allows them to become more independent and offer services at their convenience.
Moreover, a recent study by ResearchGate also discovered that with the use of telemedicine apps, the average maintenance costs were reduced by a whopping 94 percent.
Besides the reduced maintenance costs, healthcare businesses also enjoy higher customer flows since patients don’t need to wait in lines, making the overall consultation process faster.
4. Effective Time Management
According to a recent research, 15% of healthcare professionals, especially physicians, suffer from burnout & depression from time to time. But, with a telemedicine app, you can help both medical professionals as well as self-employed doctors to effectively manage their time.
The appointment schedule & push notifications features in a telemedicine app assist doctors & medical staff to better manage their workload and maintain a healthy work-life balance.
Furthermore, doctors can even broadcast about sick days and shift changes through the app to ensure that no doctors miss their appointments.
