Medical Supplies Business

Medical Supplies Business Success Stories [2024]

Pat Walls

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Updated: October 8th, 2024

A medical supplies business is an essential organization that provides healthcare products and equipment to hospitals, clinics, and other healthcare facilities.

These products include a wide range of items such as bandages, gloves, syringes, and medical instruments that are crucial for patient care.

To establish and manage this business, one needs to source high-quality products from reliable manufacturers, maintain an adequate inventory, and efficiently distribute these supplies to meet the demands of healthcare professionals.

Starting a medical supplies business can be a lucrative opportunity due to the growing need for healthcare services and the constant demand for medical supplies.

Such a business plays a critical role in supporting the healthcare industry and ensuring that necessary tools are available to deliver optimal patient care.

In this list, you'll find real-world medical supplies business success stories and very profitable examples of starting a medical supplies business that makes money.

1. 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

We Built A $360K/Year Medical Supplies Ecommerce Platform

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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