We are living in the age of technology where almost everything has now digitalized. But what about the centuries-old treatment methods for various medical disorders? Well, being a pioneer in providing quality telemedicine platform development services, we can confidently say that telemedicine platforms have now revolutionized this sector as well. So, hereâs a TeleSecure360 guide on how much developing a Whitelabel telemedicine app is going to cost you in 2023.
The market value of telemedicine apps today
GlobalNewsWire is a credible market evaluation platform that provides market-related insights into various industries. As per the estimate, the market value of telemedicine apps in 2023 is around 80 billion USD globally. The platform also predicts that by the end of the upcoming ten years, the market value will swell up to 590 billion USD in 2032 with the US having the most share in this capital.
Another credible market evaluation platform claims that currently, North America has 35% of the global stake in the telemedicine industry which will only further produce massive profits in upcoming years.
Factors that will affect the developmental cost
Take it from a company like ours that has developed some of the most credible telemedicine apps and platforms in this country. Several factors determine the developmental cost of your app, letâs discuss some of them,
Quality over quantity is perhaps the best way to summarize the ideal approach to developing a telemedicine app. However, the more quality-focused features youâll be requested to include in the app, the more youâll have to pay the developing team to do so. Plus, remember that itâll further elongate the competition time as well.
Developing an app is not something a single individual can do within a tight deadline.
Most probably, youâll be hiring a team of experts having expertise in one or more development roles. Remember, the geographical location of your teams will significantly influence the overall cost of your telemedicine app development. A team of experts here in the US will definitely charge you less than a team of developers working overseas in Europe.
It is totally up to you to decide whether you want a simple-looking yet functional app or an app that will provide a one-of-a-kind user interface experience to anyone who loads the app. In either case, the price of development will considerably differ.
Features your telemedicine app should have
Again, we can tell from our years of experience in the field of telemedicine app development that there are certain features your app must include. Letâs take a look at a few of those as well,
Whatâs the point of having an app if the user canât navigate through it on their own? Developing a user-friendly interface should be one of the core focuses of your telemedicine app.
Allowing video consultation
The whole telemedicine industry is built on the integration of video consultation technology. Having this feature is exactly what will make your app a âtelemedicineâ app in the first place.
If youâre aiming to have a mobile telemedicine app, make sure that the app is compatible with popular OS platforms such as Android and iOS. This will help your app to become more accessible to a large number of mobile users.
How to monetize your telemedicine app?
How to monetize your app and up to what extent youâll be doing that is something that is totally up to you to decide. Some of the popular ways to do that include,
- In-app purchases
Telesecure360 to the rescue!
From what we know, a basic telemedicine app development cost is around $10K-$30K with a 3-5 month time frame. A medium complex app is going to cost $30K-$70K while a super complex app is going to cost around $75K-90K with a timeframe of 5-11 months and 11+ months respectively.
But we get it, how can you possibly tell which app is going to be the most suitable for your healthcare business? Well, this is where Telesecure360 comes to the rescue. Give us a call today and weâll discuss a comprehensive app development program that will include all the features you desire and a focus on developing your brand image.