Business prospects, basic features, benefits, and revenue streams

4.8
Business prospects, basic features, benefits, and revenue streams

As more and more people prefer on-demand service apps, opportunities continue to broaden for entrepreneurs.

Long gone are the days when people used to wait for hours seeking a doctor's appointment. The introduction of on-demand service apps has transformed the landscape of almost every sector. The change in the mindset of the current generation and the flexibility of telemedicine apps have pushed the healthcare sector to become increasingly digitized. This blog will brainstorm you with the business prospects in the telemedicine sector to kickstart your venture.

The popularity of telemedicine apps in the current market:

It is estimated that 72% of Americans prefer to go through online reviews of a doctor before opting for a consultation

About 71% of the millennial generation opt for scheduling online appointments and prefer to get digital remainders instead of traditional phone calls

Currently, 66% of US-based healthcare systems offer an array of options related to online doctor appointments

It is estimated that the telemedicine services market is currently worth $3.2 billion

Features that you shouldn’t miss on your Practo clone app:

As users search for the doctors, it would be best to search based on their location, expertise, fees, availability, etc. These filters will help in optimizing the search results and enhance the user experience.

Search filters:

As users search for the doctors, it would be best if they can search based on their location, expertise, fees, availability, etc. These filters will help in optimizing the search results and enhance the user experience.

Booking and managing appointments:

After the users select their preferred medical practitioner, they can schedule an appointment. Ensure that users can choose the date and time for the appointment as it would be an added benefit from the user perspective.

Calendar synchronization:

Registering with Google accounts has become a common sight on every platform. As people tend to forget appointments in their hectic schedule, syncing the appointment time with their calendar will be a great option. It will automatically notify the users regarding the appointments in advance so that they can realign their schedule.

Chat/Call feature:

The Chat/Call feature is a great way to establish communication between doctors and patients. The users can get in touch with doctors directly and get their queries sorted out seamlessly.

Multiple payment options:

As you are offering an online-based service, ensure that your users can choose between multiple payment methods. Integrating payment methods like credit/debit cards, UPI, net banking, PayPal, etc., will benefit as it encompasses the likes of people.

Revenue streams in the on-demand doctor consultation services app like Practo:

These apps establish a win-win situation for both parties as doctors and entrepreneurs can quickly generate significant revenue. Doctors will get their consultation fee while entrepreneurs receive a fixed percentage of it for every appointment booked on the platform. In-app advertising for third party brands can also be an effective way to boost your overall revenue. You can charge them based on your type of content posted for a particular duration. Feature listing can also be an effective way for doctors to increase their revenue as their profile will get featured on top of the search results. Entrepreneurs can charge the doctors based on the duration their profile gets listed.

Benefits of a telemedicine platform:

Users can instantly schedule appointments with doctors through the app and their confirmation details will be sent directly to their phone

With the unlimited customization options on the platform, users can browse through a list of doctors and choose the ones suitable for them

With the integration of modern technological tools, the users will have access to healthcare services 24/7 on the platform.

As the data is securely stored on a remote server, the admin will be able to access the appointments and user details seamlessly from their web module.

The app will automate business processes ensuring minimal hassle for the entrepreneurs.

In a nutshell:

As more and more people prefer on-demand service apps, opportunities continue to broaden for entrepreneurs. Business analysts have predicted that more people will start choosing on-demand doctor consultation services. Hence, now would be the perfect time for entrepreneurs to approach a Practo Clone App Development company to kickstart their venture in this niche.