chevron Newwave Solutions
Back

6 Best Money Making Apps in Health & Medical Industry 2023 | Custom Healthcare Software Development

Software Development
December 15, 2022
img-blog Newwave Solutions

As the healthcare industry evolves, medical professionals will also need to keep up with the changes, especially when it comes to digital transformation. The best way to do this is through custom healthcare software development, which can provide a solution to pretty much every need of both patients and healthcare providers. In this article, we’ll explore what custom healthcare software development is and why you need it for your business.

What is Custom Healthcare Software Development & Its Benefits?

Custom Healthcare Software Development
Custom Healthcare Software Development 2023

Custom healthcare software development is the process of creating software that can solve specific issues of one’s business. It involves taking a comprehensive look at the healthcare provider’s scope and developing a solution that fulfills those needs. The custom healthcare app is usually built from scratch with all components designed to work perfectly together. Also, it can provide solutions for a wide range of healthcare needs, from patient management, appointment scheduling, to billing and even more.

According to recent research, the global digital health market value was over 200 billion U.S. dollars in 2020. And, this figure is expected to exceed 500 billion dollars by 2024. Wireless health and Mobile healthcare apps are predicted to be among the leading healthcare trends of this growth. Digital health is also one of the most promising new investments, primarily for startups. The United States is a leader in the digital health industry. San Francisco (Bay Area), New York City, and Los Angeles are major epicenters of this sector.

Custom healthcare solutions provide many benefits to healthcare providers. Here are just a few custom healthcare software benefits:

  • Minimization of routine paperwork
  • Real-time access to data
  • Automation of various day-to-day tasks
  • Efficient treatment due to early detection of diseases
  • Fluent and efficient management process within the facility
  • Reduction of manual mistakes and operational costs
  • Easier communication with other medical workers within the healthcare system

Top Custom Healthcare Software Development in 2023

Health & medical software development aims to provide patients and doctors with a more comfortable and fluent workflow. Here are some of the most successful money-making apps in the health & medical industry in 2023.

1. Runtastic

Country: Austria, European Union

Current Valuation: $159k

Runtastic Results is a custom health and fitness app that was developed by the Austrian company Runtastic. It has been known as a top-rated app for running outdoors or on indoor tracks for years. The app has several unique features that help give runners motivation when they run—like an appropriate route generator, auto-pause, and power songs for a motivation boost—as well as voice feedback in several languages. 

However, Runtastic Results also has one missing feature though. And that is no coach. Health and fitness startups and entrepreneurs, who are planning for custom healthcare software development, can take ideas from this one to improve their projects.

2. Headspace

Country: United States

Current Valuation: $75.2M

This app was created by a former Buddhist monk and meditation instructor. One of its unique features is personalized coaching to train the mind and daily meditation practice. Users can also perform sitting meditation, breathing exercises, body scans, and focused attention. There are animations that help users understand concepts. There’s also a section for kids on headspace. There are also email reminders, progress tracking, and an app community.

3. Epocrates

Country: United States

Current Valuation: $35 Million

Athenahealth Inc. provides the world’s first medical app for Apple’s iPhone. It was the first app for doctors and patients to offer drug information and easy interactions with healthcare providers. It gives information from big sources like the FDA to ensure appropriate decision-making. This custom healthcare software development project has the capability to identify and unidentified pills from its characteristics. It is equipped with hundreds of medical calculators and risk assessment tools, laboratory test ordering guides, etc.

4. Figure 1

Country: Canada

Current Valuation: $23.2M

Figure 1 is one of the best custom healthcare software development project available, allowing users instant access to thousands of real-world medical cases from healthcare professionals around the world. Doctors and health specialists can view and discuss cases they may never see in their own practice, expand their clinical knowledge, and access a community of millions of healthcare professionals.

This Canadian-based physician app was founded in 2012 and has raised a total of $23.2M in five rounds of funding. One of its distinct features is that this app protects patient privacy with automatic face-blocking and removes identifying information.

5. Sweat

Country: Australia

Current Valuation: $46M

This gym app for health & fitness is owned by Australian entrepreneur and fitness trainer Kayla Itsines. This app earned $17 million which is the highest amount in the health & fitness app category in 2016. 

This personal training app has top features like a series of aerobic exercises in the Bikini Body Guide (BBG) that can also be practiced at home and nutrition recommendations. In fact, this app has been listed in the list of top-grossing health and fitness apps in the USA for 2019.

6. Doximity

Country: United States

Current Valuation: $81.8M

Morgan Stanley and Threshold are its most recent investors. This custom healthcare software development project has raised $54M in its last Series C funding. This medical app is like a social community and network of doctors.

The medical app is like a social community and network of doctors. Doctors can communicate with other doctors via this app and consult for pivotal medical cases instantly. It has a built-in calculator that allows for performing many calculations such as BMI and GFR. Moreover, this app has helped over 1 million healthcare professionals to take the friction out of everyday challenges that are unique to clinicians.

Types of Custom Healthcare Software Development

Below are several types of custom healthcare software development solutions available to healthcare providers:

  • Online medical applications. These online medical applications can be used to manage patient data, including medical history and medications.
  • Remote patient monitoring systems. Remote monitoring systems provide healthcare providers with real-time insights into their patient’s health status.
  • Electronic medical records (EMRs). EMRs centralize patient data across different healthcare providers, providing a secure, centralized system for managing it.
  • Healthcare analytics systems. These systems use information from patient records to provide healthcare providers with insights into their patients’ health.
  • Clinical decision support systems. These systems provide healthcare providers with evidence-based medical treatment recommendations.

Final Thought

Custom healthcare software development is an important tool for healthcare providers as they strive to keep pace with today’s evolving healthcare industry. We hope these 6 very successful and money-making apps in the fitness and healthcare domain brought you new ideas for your custom healthcare app development project.

Contact us now if you want to develop healthcare solutions and are looking for a reliable custom healthcare software development company. Our developer team has extensive experience in providing software development, mobile application development, and web development services in the healthcare and medical industries. Being one of the leading software development companies in Vietnam, we have developed many successful custom healthcare software development projects with top features and functionalities.

Check out our portfolio and case study to have a more elaborate idea!

 

One thought on “6 Best Money Making Apps in Health & Medical Industry 2023 | Custom Healthcare Software Development

Leave a Reply

Your email address will not be published.