6 Medical Store Business Success Stories [2024]

Updated: January 8th, 2024
Start A Medical Store Business

A medical store is a retail establishment that sells healthcare products, medicines, and wellness items.

These stores typically provide a range of over-the-counter and prescription medications, along with health and hygiene products like vitamins, first aid supplies, and personal care items.

For someone interested in starting this business, it offers the opportunity to serve the community by providing essential health-related products and contributing to public well-being.

The medical store business is lucrative due to the consistent demand for healthcare items, and as people prioritize their health, the market for these products remains stable, making it a promising venture for aspiring entrepreneurs.

Here are some real life success stories of starting a medical store business:

1. Medicine Man Technologies ($6M/year)

How much they make: $6M/year
Current team size: 2

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About
They started Medicine Man Technologies over 10 years ago
Revenue
They grew the business to $500K/month
Read by 830 founders

Learn more about starting a medical store business:

Where to start?

-> How much does it cost to start a medical store business?
-> Pros and cons of a medical store business

Need inspiration?

-> Examples of established medical store business

Other resources

4. PharmEasy

PharmEasy gives reliable and accurate medical information that has been carefully noted, vetted and validated by their health experts. Their specialists curate high-quality and most reliable literature about medicines, illnesses, lab tests, Ayurvedic and over the counter health products.

How much they make:
Current team size: 705
Website traffic: 12.8M/month

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5. AAMC

A group of deans and faculty met at the Jefferson Medical College in Philadelphia to discuss the state of medical education in the U.S and it is when AAMC was founded in 1876. They focus on transforming the areas such as medical education, medical research, health care, and community collaborations.

Website traffic: 4.27M/month

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6. FSAstore.com

FSAstore gives you items that are eligible and approved and it is easy to find the items that you need because they are very well categorized. You can shop by health conditions, brands, or lifestyle. They offer digital healthcare gadgets, lifestyle products, skincare, and baby care products at their store.

Website traffic: 1.15M/month

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