Cost To Build A Software Like EHealth In 2024

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“The challenge is not to get people to use technology. It’s to design technology that people want to use ”

Quick Summary: Know how much does it cost to build a software like eHealth with this comprehensive blog, exploring software’s development cost and strategies to reduce the cost

Do you want to build a software like eHealth? If yes, you are at the right place. This blog is committed to provide you with a complete overview about the cost of eHealth software development.

In the modern era, mobile health and digital health is a keystone for healthcare businesses to deliver advanced healthcare operations online. Advanced technology has changed the way patients get healthcare services. As per a study, the size of the global medical software market was estimated at $41.2 billion in 2021, and it is projected to reach $104.1 billion by 2030, expanding at a compound annual growth rate (CAGR) of 10.9% from 2022 to 2030. As a result, businesses started to invest in developing healthcare software like eHealth to stay ahead in the competitive market.

So, if you are also one of them looking to build a software like eHealth, read this blog. It will explore the eHealth software development cost and factors impacting the cost. Additionally, here you will also learn how you can reduce the overall software development cost. 

What is eHealth?

eHealth is a healthcare software that uses wearable devices, video chats, and electronic health records to transform how patients receive and manage their health. The eHealth software automates clinical workflow, collecting patients’ information and providing e-prescription and discharge summaries, medical reports, and invoices and billings.

By investing in such a type of custom software development, healthcare providers can take their business to the next level and improve their visibility. If a business needs any help to build a software like eHealth, you are recommended to consult with a mobile software development company. With years of experience, professionals will help you to provide unique features and stand out in the market. 

Market Stats of Healthcare Software

• By 2024, the global digital health market is anticipated to generate $193.70 billion in sales.
• Additionally, a 9.16% annual growth rate (CAGR 2024–2028) is predicted, leading to a projected market volume of $275.00 billion by 2028.
• It is predicted that the average revenue per user (ARPU) is $60.04.
• In the worldwide digital health market, China is expected to bring in the most money, with $53,070.00 million in sales by 2024.

Source: Statista

• The greatest market share belongs to the Digital Fitness & Well-Being category, which is expected to generate $93.56 billion in sales by 2024.
• The AI healthcare industry in South Korea was valued at around 55.4 billion in 2019.

The expected value of the worldwide digital health market in 2019 was $175 billion. In 2025, the digital health industry is projected to reach about 660 billion dollars, with a compound annual growth rate (CAGR) of nearly 25 percent from 2019 to 2025. 

Why Should Businesses Invest in Software Like eHealth Development?

Healthcare applications are not just beneficial to patients, but they also benefit the business of healthcare organizations. As per CRM development solution providers, by investing in developing a software like ehealth, business can enjoy the following benefits:

• Improve Patients Engagement and Satisfaction 
• Increased Revenue and Cost Saving 
• Competitive Advantage
• Data Management and Insights 
• Efficiency

1. Improve Patients Engagement and Satisfaction 

Healthcare software like eHealth empowers patients to take a more active role in their health. With such software, they can access medical records, refill prescriptions, schedule appointments, and communicate with doctors directly. Hence, it facilitates and improves communication, leading to higher patient satisfaction and loyalty towards the business. 

2. Increased Revenue and Cost Saving 

By Investing in healthcare software with chatbot development, medical organizations can generate revenue through different features such as in-app medication refills or appointment booking fees. In addition, it also automates tasks and reduces administrative burden, leading to a significant cost reduction for healthcare investors. 

3. Competitive Advantage

Healthcare software like eHealth has changed how healthcare organization operators work. Businesses that invest in developing such eHealth software development can stay ahead of the competition and attract a tech-savvy patient audience. It will help the business stand out in the competitive market. 

4. Data Management and Insights 

Healthcare software like eHealth can easily collect and analyze a large amount of patient data. This data can be used to improve population health management, identify trends, and personalize treatment plans for better outcomes. Hence, investment in healthcare software or enterprise product development benefits the businesses. 

5. Efficiency 

Using advanced technology in the industry, healthcare organizations or professionals can save time, rescue inefficiency, and accurately diagnose and treat disease. Hence, it enables businesses to stay ahead in terms of using emerging technologies. Moreover, it also improves the business’s efficiency in work that brings a desired outcome. 

How Much Does it Cost to Build a Software like eHealth?

Healthcare software like eHealth can have different development costs based on its features, complexity, etc. On average, the medical device software development cost with mandatory features like appointment scheduling and patient information management ranges from $9000 to $ 27000.

However, the cost for more complex software with advanced features like AI-driven diagnostics, IoT integration for remote patient monitoring, and robust data analytics capabilities can increase. The given table will help you to understand how a feature’s complexity can impact the cost of ehealth or CTI software development cost:

This table may give you an idea about the cost to build a software like eHealth. However, if you lack an exact cost, you are advised to hire a medical device software development company. The experts have in-depth knowledge of project requirements, market trends, and industry standards that help them understand the accurate cost to develop a software like eHealth. Hence, collaborating with professionals will increase possibilities of your project’s success. 

5 Key Factors Affecting the Cost to Build a Software Like eHealth

Now that you have decided to make a software like eHealth for your business, you need to pay close attention to factors impacting the cost of your health or SAAS application development. To know more about the influencing factors, look here:

• Complexity and Features 
• Design and User Experience
• Technology Stack 
• Development Team
• Ongoing Maintenance and Updates

1. Complexity and Features 

The cost to build a software like eHealth is vastly impacted by the features you want to include in it. If you want to include unique features such as video consultations, medication management, encrypted messaging, appointment booking, etc., then you must spend more time developing healthcare software.

2. Design and User Experience

If you are engaged in the healthcare business, an intuitive and user-friendly interface plays a critical role, especially when managing sensitive health data. You are responsible for developing well-designed software that promotes user engagement and trust. However, such healthcare software requires a lot of resources and energy, increasing the cost of enveloping software like eHealth.

3. Technology Stack 

The cost of custom eHealth software development is affected by frameworks, programming languages, and other tools used in its development. To improve the healthcare software’s interface, you have to adopt the most suitable and widely supported technology, which may increase the initial expense. Moreover, integrating diverse components within the etch stack requires specialized expertise, which increases the software development cost.

4. Development Team

The cost of a software or product customization solution in healthcare  is vastly impacted by the location, size, and experience of your hired development team.

The cost of hiring software developers with expertise and skill is higher than that of hiring developers with less experience and skill. Moreover, if you choose a developer from the same region instead of another nation or area, developing healthcare software may cost less. 

5. Ongoing Maintenance and Updates 

Creating software like eHealth takes time to develop. Continuous development work is required to fix bugs and glitches, add new features, and adjust to mandatory changing rules.

Ongoing maintenance and updates require resources such as time, testing, and infrastructure support. In addition, unpredicted issues may also arise post-launch that demand further development work. Hence adding overall software development cost. 

5 Effective Ways to Reduce the Cost to Build a Software Like eHealth 

Understanding the process of your healthcare or POS development solution and the factors that impact its cost can help you choose the most cost-effective strategies. Hence, look at some ways to reduce the cost of software development.

• Prioritize Features 
• Agile Methodology
• Open-source Technologies
• Outsourcing 
• Testing and Quality Assurance

1. Prioritize Features 

Focus on the critical features that your healthcare software must have first. With this cost reduction approach, you should prioritize developing an MVP (minimum Viable Product), including the mandatory features. It enables businesses to get user feedback and evaluate their concepts before investing in new features.

2. Agile Methodology

You are advised to embrace an agile development approach. This approach promotes iterative development with management tasks, allowing for continuous feedback and adjustments. This strategy reduces the risk of creating features that users do not require. It also helps identify and fix bugs and issues early on, reducing costly rework later. 

3. Open-source Technologies

With this strategy, you can find several resources within the open-source community. According to a custom medical device software development company, instead of developing everything from scratch, use pre-built frameworks, libraries, and content management systems for specific functionalities. This helps reduce the time and cost to build a software like eHealth.

4. Outsourcing 

Outsourcing helps businesses reduce software development costs by allowing them to access skilled development teams or professionals with lower labor rates. Companies can also save on overhead expenses like office space and equipment. This strategy also allows for flexible scaling that enables businesses to allocate resources based on project requirements. 

5.Testing and Quality Assurance 

It’s critical to conduct thorough testing at every phase of the software development process. Early bug detection and fixing save expensive rework, which helps to reduce the cost.  As per medical device software development solutions providers, by considering automated testing solutions that expedite this process you can ensure the quality of your healthcare software. 

Top 5 Monetization Strategies for  an software like eHealth

When generating revenue from healthcare software, you must consider the most effective software monetization strategies. As per the healthcare software development company if find it hard to choose the best one, you should adopt the following monetization strategies:

• Subscription Model
• Advertising 
• In-app Purchase 
• Affiliate Marketing 
• Freemium Model

1. Subscription Model

With this strategy, you can offer a tiered subscription plan, providing access to different features in your software. The basic plan offers access to significant health monitoring and resources, whereas the premium plan includes additional services such as personalized health recommendations, virtual doctor consultations, or access to exclusive content. 

2. Advertising 

Using targeted advertising in your healthcare software can generate revenue. You can collaborate with pharmaceutical companies, healthcare brands, and other wellness products to display ads to users based on their health interests, browsing behavior, and demographics. 

3. In-app Purchase 

This monetization strategy allows users to buy virtual goods, advanced features, and required content in the software. By adopting this monetization strategy for your  medical device software development, you can offer the healthcare application for free and ask users to spend money on additional functionalities. 

4. Affiliate Marketing 

In this monetization strategy, you can earn a commission with your app by promoting third-party products or services. You can integrate referral links or code so that your software can drive sales and generate revenue for each successful transaction.

5. Freemium Model

If you want to gain a great return from your investment on custom medical device software development,  the Freemium model is the best. Here, you can offer a basic version of your healthcare software for free, and users who want more advanced features must pay for a better version. 

How Much Does it Cost to Maintain a Software like eHealth?

The maintenance cost of a healthcare software depends on several factors, such as the software’s complexity, the size of the user base, ongoing support requirements, and the number of updates. On average, healthcare software maintenance costs range between 15 to 20% of overall software development cost.

However, the price can fluctuate based on software updates, patches, technical support, regal backup, bug fixes, and security enhancements. Furthermore, expenses may increase due to compliance with regulatory standards in the industry and integration with advanced technologies. 

If you find it challenging to maintain your app, you are advised to hire a software product development company with experience in the field. They can help you maintain your app effectively and stay functional. 

How Can Dev Technosys Help to Build a Software like eHealth?

Nowadays, healthcare software like eHealth is becoming a powerful tool, enabling healthcare businesses to improve their processes and streamline their operations. So, if you are engaged in the healthcare business and want to take your business to another level, you need to invest in this type of software. It will not just improve your brand loyalty but also help you generate more revenue. 

So what are you waiting for? Consult with an app development company. Dev Technosys is a leading CMS development company that has delivered projects, exceeding client’s expectations and business goals. 

Share your project’s requirements with us and let us help you to attain a desired outcome!

Frequently Asked Questions

Q1. What Is the Cost to Build A Software Like ehealth?

If you are interested to create a software like eHealth, you have to spend around $9000 to $27000. However, this cost is not fixed, it can be changed as per app’s requirements. 

Q2. How Long Does It Take To Build A Software Like eHealth?

Different softwares takes different time frames to develop. In the case of to build a healthcare software like ehealth, the time period can fall somewhere between 3 to 10 months. As a cost, the time to develop a software can also be changed.

Q3. Are There Any Hidden Costs Associated With Creating a Healthcare App?

Yes, development of the healthcare software includes several hidden costs such as post-launchings services like version upgrades, maintenance and support. These costs should also be considered in the overall budget. 

Q4. How Can You Keep the Cost To Build A Software Like ehealth Under Control?

If you want to control the cost to  build a software like eHealth carefully plan its scope, technology, design,and choose an experienced or reliable eHealth software development company.