3 E Health Business Success Stories [2024]
In a world where healthcare accessibility is a growing concern, starting an e-health business could be a compelling venture. At its core, an e-health business leverages digital platforms to provide healthcare services, streamlining patient care through technology.
This model involves setting up a system where patients can book consultations, access medical records, and receive advice, all via the internet. The upfront work includes building a secure, user-friendly platform and establishing partnerships with healthcare providers.
With telemedicine gaining traction, the e-health market is ripe with potential. It's not just about convenience; it's about transforming healthcare accessibility. If you're looking to make a significant impact while tapping into a booming industry, an e-health business is worth serious consideration.
In this list, you'll find real-world e-health business success stories and very profitable examples of starting a e-health business that makes money.
1. Pulseroll ($2.88M/year)
Founder Paul McCabe came up with the idea for Pulseroll after attending an innovation event in China and seeing a prototype for a vibrating foam roller. Recognizing the benefits of percussion therapy and the market opportunity, he launched the UK's first-ever vibrating foam roller and has since grown Pulseroll into a multi-million pound business with products stocked in over 20 countries.
How much money it makes: $2.88M/year
How much did it cost to start: $10K
How many people on the team: 0
Pulseroll is a multi-million pound business that offers scientifically proven muscle recovery technology and has experienced year-on-year growth of 174%, making it a top competitor in the wellness tech industry.
2. SelfDecode ($2.4M/year)
After suffering from various health issues, Joe Cohen became determined to find solutions. He started selfhacked.com as a personal blog and eventually partnered with scientists and researchers to create SelfDecode, a platform that utilizes AI and machine learning to provide personalized health recommendations based on DNA and lab tests. Through organic growth and a dedicated following, SelfDecode has generated over $2 million in revenue and recently raised $8 million in a crowdfunding campaign.
How much money it makes: $2.4M/year
How much did it cost to start: $500K
How many people on the team: 80
Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.
3. KOGLAND Commerce Pvt Ltd ($360K/year)
KOGLAND Commerce Pvt Ltd, an online marketplace for healthcare professionals in India, was founded in 2015 by Varghese Samuel. The idea came from discussions among a team of technology, engineering, and medical professionals who recognized the challenges faced by healthcare providers in procuring quality medical supplies. Since its launch, KOGLAND has achieved a ten-fold increase in revenues, steady growth in online traffic, and aggressive hiring plans.
How much money it makes: $360K/year
How much did it cost to start: $7K
How many people on the team: 8
KOGLAND Commerce Pvt Ltd is one of India's fastest-growing online surgical supply stores, with a ten-fold increase in revenues, steady growth in online traffic, aggressive hiring, and scaling up plans, following a hybrid model of stocking and selling fast-moving consumables and surgical products.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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