It has been a tough year for the world—for individuals, businesses, and the medical sector. This is why it’s also an unmissable opportunity for aspiring entrepreneurs thinking of starting a business. If you’re thinking of business opportunities that will allow you to be of service to those who need it the most, here are some healthcare, health, and wellness business ideas that will most likely have a huge market from 2021 and beyond.
Home care service
If you have a hospitality and care background, consider opening a home care service for the elderly. The National Institute on Aging reported that between 2010 and 2050, there will be a 351% population increase for members of our society who are 85 years old and over. At the same time, over the age of 100, also called centenarians, are also projected to grow tenfold. The people in our world are aging rapidly, which means that many in our society will need care and help as time goes on.
Fortunately, you don’t need a medical background to help seniors, although it will certainly help. Many older adults will need assistance from repairs around the house to other outdoor tasks. If you don’t have a background in elderly care, you can build your foundation by helping seniors transition from the comfort of their homes to assisted living facilities and by offering assistance in packing up, transportation, getting them set up in their new lives, and storing their possessions and other furniture. It’s a noble task to provide the elderly with dignity as they grow older—and one that you won’t regret spending the rest of your life doing.
Medical courier service
Another business idea you can consider is running a medical courier service. If you have a trustworthy vehicle and if you’re good with details like time management and running errands, you might be the perfect person to help patients transport their medical items like prescription drugs, equipment, lab specimens, and test results. The healthcare industry is one sector that will continue to expand no matter the state of the global economy, which is why running a medical courier service might be a lucrative business opportunity. But more importantly, you’re providing service and convenience to those who need to be protected from COVID-19.
If you have a penchant for making sure the areas you clean are spotless and absolutely free from germs, bacteria, and viruses. If you’re the type who finds pleasure and satisfaction in cleaning, you might be the perfect CEO for a cleaning service in the time of COVID-19. Since the virus can be spread through droplets that remain on surfaces, the U.S. Centers for Disease Control and Prevention (CDC) recommends that people clean their houses and workstations as thoroughly as possible. What’s great about starting a cleaning service is that it’s relatively straightforward; it requires very little overhead.
You only need to do the proper planning and clever marketing to set yourself apart from what’s already available in the market. One example is providing services that other cleaning companies don’t—for example, adding premium services like exterior power washing or waxing. Providing services that more established cleaning firms don’t might give you an edge and give you the advantage of being a start-up, as opposed to having a massive client list that the quality of your work is negatively affected.
The Bottom Line
When starting a healthcare business, move by the principle “do well by doing good.” Look around you for the kind of needs you’re uniquely positioned to meet and start.