Is it profitable to start a telemedicine business in 2021? Absolutely.

Nick Webdev
1 min readMar 22, 2021

I have been working in this field for several years and I want to say that recent studies show that at least 82% of patients believe that digital software is the best option for health monitoring.

What good can mobile telemedicine bring to patients, doctors, medical institutions, and our society as a whole?

Here are the most important advantages:

  • mobile telemedicine technologies are quite affordable, convenient and cost-effective for patients;
  • doctors can work from home and have more clients, as well as save time and make more efficient management of medical records.;
  • clinics get less administrative work and fewer cancellations when generating additional income;
  • incredible social benefits, such as helping remote areas or reducing the spread of disease (which is crucial during the COVID-19 pandemic).

While there are many advantages to developing telemedicine applications, there are also some disadvantages. These include, for example:

  • dependence on internet connection and modern technological devices;
  • limiting some diagnoses;
  • security risks, etc.

You should definitely consider these pros and cons when assessing the risks to your startup. Can you add anything?

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