{"id":14811,"date":"2021-10-04T12:27:46","date_gmt":"2021-10-04T06:57:46","guid":{"rendered":"https:\/\/www.arkasoftwares.com\/blog\/?p=14811"},"modified":"2024-06-20T09:36:57","modified_gmt":"2024-06-20T09:36:57","slug":"cost-to-develop-app-like-epocrates","status":"publish","type":"post","link":"https:\/\/www.arkasoftwares.com\/blog\/cost-to-develop-app-like-epocrates\/","title":{"rendered":"How Much Does it Cost to Develop a App like Epocrates?"},"content":{"rendered":"

The constant evolution and technological influence have not only transformed the healthcare industry<\/a>, but they have also put great demand and pressure on healthcare service providers. <\/span><\/p>\n

We have witnessed a massive impact of COVID-19 all over the globe, where people are not hesitant to visit physicians or hospitals due to the risk of potential infection, and this has increased the demand for personalized healthcare assistance. <\/span><\/p>\n

That is among the biggest factors behind the astonishingly increasing demand for healthcare apps and medical reference apps.<\/span><\/p>\n

Healthcare service providers are focusing on the expansion of their operations, and they are implementing several strategies and tactics to venture into the personalized healthcare assistance mechanism.\u00a0<\/span><\/p>\n\n

\"develop<\/span><\/p>\n

Personalized healthcare assistance is slowly capturing the imagination of entrepreneurs, as these health apps are going to offer them a seamless business opportunity amid current world scenarios. <\/span><\/p>\n

Entrepreneurs are now mulling the idea of developing an app like Epocrates<\/strong>, as these apps offer a robust platform for doctors and users who are hesitant to visit healthcare facilities for medical assistance. <\/span><\/p>\n

Currently, we have several renowned medical applications on the market, such as Epocrates, Medscape, Micromedex, and Lexi-Comp.<\/span><\/p>\n

In this article, we will discuss all the aspects of healthcare apps, the efforts required, and the estimated development cost. We are pretty sure that this blog will help you while developing an application like Epocrates.<\/strong><\/span><\/p>\n\n

<\/span>Why is developing a medical reference app a good idea?<\/span><\/span><\/h2>\n

The medical reference app is among the most used medical app types in the world and is used by both patients<\/strong> and doctors. <\/span><\/p>\n

\"mHealth
Image Credit: grandviewresearch.com<\/a><\/figcaption><\/figure>\n

Currently, we have more than 1,00,000 mobile Health applications<\/a> listed on major app stores, and more than 42% of apps are working on a paid business model, and they are making good revenue. <\/span><\/p>\n

Hence, developing an innovative mobile reference app is certainly a brilliant idea, as it will allow your business to expand rapidly and also enhance revenue and profit.<\/span><\/p>\n\n

<\/span>What is Epocrates App?<\/span><\/span><\/h2>\n

Epocrates is a medical reference application that was initially developed by three Stanford business school students in 1998. Initially, the Epocrates was launched for Palm devices. In 2013, Athena Health acquired Epocrates for about $293 million.<\/strong><\/span><\/p>\n

Epocrates is used by doctors to look up drug information, and currently, it has more than 1 million active members. <\/span><\/p>\n

It helps them to find medical information, alternate medicines, service providers, drug interactions, drug dosing, drug safety details, medical news, disease diagnosis, and management guidance, and calculate patient measurements like BMI<\/a>.<\/span><\/p>\n

\"Medical<\/p>\n

The application is available for both Android and iOS platforms, and both free and paid subscription versions are also available for users.<\/span><\/p>\n

It also allows users to validate information from several authoritative sources (Medical literature and FDA) and then digitally transform it to assist with clinical decision-making.<\/span><\/p>\n

Epocrates comes with the capability to identify pills based on their traits, multiple risk assessment tools, medical calculators, therapeutic recommendations, laboratory test ordering guides, coding lookups, and a contagious disease treatment guide.<\/span><\/p>\n\n

<\/span>How do Epocrates work?<\/span><\/span><\/h2>\n

Epocrates is a comprehensive, reliable, and easily navigable application used to fetch information about medicine usage, dosing, reactions, interactions, contraindications, pharmacology, pregnancy, and more. <\/span><\/p>\n

However, it is important to know from where it fetches the content and other information.<\/span><\/p>\n

Most of the content is developed and compiled by the Epocrates Medical Information team. It sources the licensed content from third-party<\/span>\u00a0organizations, as mentioned below :<\/span><\/span><\/p>\n

As per a study conducted by Grand View Research report<\/a> \u201cThe global mHealth apps market size was valued at USD 38.2 billion in 2021<\/strong> and is expected to expand at a compound annual growth rate (CAGR) of 11.8% from 2022 to 2030.\u201d<\/strong><\/span><\/p>\n