Medical Writing Business

Business Idea: Start A Medical Writing Business in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$32.3K
Avg Startup Costs
$11.7K
Market Size
Avg Revenue
Avg Days To Build
150 days

A medical writing business involves creating various types of healthcare-related documents, such as research papers, medical articles, and regulatory documents.

The primary aim of this business is to serve pharmaceutical companies, healthcare professionals, and researchers by translating complex medical information into easily understandable content.

As the healthcare industry continues to grow, the demand for accurate and well-communicated health information is also increasing.

Hence, starting a medical writing business can be a lucrative opportunity.

The need for regulatory compliance and effective communication in the healthcare industry is rising, and this business offers a valuable service in meeting those needs. Therefore, it can be an attractive venture for those interested in the field.

Revenue & Profitability

How much do medical writing businesses make?

Startup Costs

How much does it cost to start a medical writing business?

  • It can cost as low as $35 to start a medical writing business.
  • It can cost as high as $50,000 to start a medical writing business.

Learn more about the costs of a medical writing business.

Examples Of Successful Medical Writing Businesses

Successful medical writing business businesses and case studies

Content-Whale, a content curation agency, has achieved a Rs. 4 crore ($514k/year) turnover 4-5 years after being started with just Rs. 2500 ($35), and has a pool of more than 500 writers, aiming to become a market leader in the global content market.

$62.5K Monthly Revenue
$35 Startup Costs
Read by 5,827 founders

Merrative, a community-driven marketplace for publishing talent, generates an average of $1,500 per month in marketplace transactions from their 5,000+ strong community of readers, writers, journalists, and scholars.

$2K Monthly Revenue
$100 Startup Costs
Read by 3,709 founders

See full list of successful medical writing businesses.