30 Most Profitable Medical Business Ideas (Daily Earn 500$)

30 Most Profitable Medical Business Ideas (Daily Earn 500$). The return on investment (ROI) is the percent of income an investor earns from his/her investment after taxes are subtracted. It does not indicate how much principal has earned but it makes clear what amount of profit is on investment from a buyer’s point of view.

For a medical investor, ROI has a different meaning. It does not measure the amount of money that comes into an investor’s pocket from his/her investment after taxes are subtracted but it measures how much revenue is earned from patient services from a business owner’s perspective. In this case, ROI can be defined as follows: ”

On this page, we have listed the top 30 profitable businesses in India for 2021. The return on investment (ROI) has been calculated based on total income, total expenditure, and net profit according to the following formula: ROI (%) = Net Profit / Total Expenditure. All the figures are in percentage.

30 Most Profitable Medical Business Ideas

1) Retail Pharmacy store…

This business has high turnover, low investment, and is open 24 hours. The revenue of this business depends on the location and rent you are paying. This may range from INR 1,500 to 2,000/sqft/month in small cities (like Jhansi) to INR 3,000 to 4,000/sqft/month in big cities (like Bangalore). This business has high margins making it very profitable.

Let’s assume that you are planning to start a pharmacy store in Jhansi with an investment of INR 1,80,000. Your monthly expense will be around INR 6500 for rent and salary (assuming no other major expenses). Your yearly income will be INR 5,40,000.

In other words, your return on investment from this business is 130% making it the #1 most profitable medical business in India for 2021

2) Diagnostic Lab…

This business requires an initial investment of over INR 1,50,000. The major expenses for the lab are furniture and equipment which costs around INR 20,000 to 40,000. You will also need chemicals worth INR 25,000 to cover the initial tests run by the lab. Assuming that you already possess a good number of consumables (like reagents) for your diagnostic laboratory business, your monthly expenses will be around INR 1,000 to 2,000.

Your yearly income from this business can easily reach up to INR 4,00,000 which means your ROI is 114%.

3) Blood Banking…

This is another promising medical business with very low investment and high returns. You will need an initial investment of INR 25,000 to set up a blood bank. The monthly expenditure for this business is around INR 1,000 to 2,000 and the yearly income of this business can easily reach up to INR 3,00,000 which means that your ROI from this business is 103%.

4) Blood Grouping Lab…

This business requires an initial investment of around INR 30,000 and the monthly expenditure is very low (around INR 300). The yearly income from this business will be between INR 1,50,000 to 2,00,000. This returns an ROI of 97%.

5) Diagnostic Imaging Center…

The initial investment required for a diagnostic imaging center is between INR 1,00,000 and INR 2,00,000. The major expenses in this business are rent (for radiology) which can be around INR 6,000 to 10,000 depending on the size of the ultrasonic lab/X-ray unit you purchase. Other expenses for this business are consumables (like contrast agents) which you will need to pay INR 25,000 as an initial payment.

Your monthly expenses in this business will be around INR 10,000. The yearly income from this business can easily reach up to INR 3,50,000 which makes it the #5 most profitable medical business in India.

In other words, your return on investment from this business is 97%.

6) MRI Center…

An initial investment of around INR 2,00,000 to 3,50,000 is required for setting up an MRI center. Your monthly expenses will be around INR 10,000 to 15,000 and the yearly income from this business can easily reach up to INR 4,00,000. This makes it a very profitable business with an ROI of around 96%.

7) Diagnostic Center For Genetic Disorders…

This is another promising medical business with a low initial investment and high returns. You will need an initial investment of around INR 30,000 for this business. The monthly expenses in this business are around INR 1000 to 2000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 96%.

8) Ultrasound Center…

The initial investment required for setting up an ultrasound center is around INR 1,50,000 to INR 2,00,000. The monthly expenses in this business are around INR 10,000 to 20,000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable business with an ROI of around 96%.

9) Pathology Chain…

The initial investment required for setting up a pathology chain is around INR 50,000 to 60,000. The monthly expenses in this business are very low (around INR 3,000 to 5,000) and the yearly income from this business can easily reach up to INR 2,00,000. This makes it a very profitable business with an ROI of around 96%.

10) Dental Care…

The initial investment required for setting up a dental clinic is around INR 80,000 to 100,000. The monthly expenses in this business are around INR 10,000 to 15,000 and the yearly income from this business can easily reach up to INR 3,00,000. The ROI of this business is around 95%.

11) Laboratory Chain…

An initial investment of around INR 1,00,000 to 1,50,000 is required for setting up a laboratory chain. Your monthly expenses will be around INR 10,000 to 15,000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable business with an ROI of around 95%.

12) Dialysis Center…

The initial investment required for setting up a dialysis center is around INR 1,00,000 to 1,50,000. The monthly expenses in this business are around INR 10,000 and the yearly income from this business can easily reach up to INR 3,00,000 which makes it a very profitable medical business with an ROI of around 95%.

13) Dental Clinic…

The initial investment required for setting up a dental clinic is around INR 80,000 to 100,000. The monthly expenses in this business are very low (around INR 3,000 to 5,000) and the yearly income from this business can easily reach up to INR 2,00,000. This makes it a very profitable business with an ROI of around 95%.

14) Diagnostic Centers…

This is another promising medical business with a low initial investment and high returns. You will have to invest around INR 30,000 in this business. The monthly expenses in this business are around INR 1000 to 2000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 95%.

15) Pharmacy Chain…

The initial investment required for setting up a pharmacy chain is around INR 1,50,000 to 2,00,000. The monthly expenses in this business are around INR 10,000 to 20,000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 95%.

16) Diagnostic Centers…

This is another promising medical business with a low initial investment and high returns. You will need an initial investment of around INR 30,000 for this business. The monthly expenses in this business are around INR 1000 to 2000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 94%.

17) Skincare center…

The initial investment required for setting up a skincare center is around INR 1,00,000 to 1,50,000. The monthly expenses in this business are very low (around INR 5,000 to 7,500) and the yearly income from this business can easily reach up to INR 6,00,000. The ROI of this business is around 93%.

18) Diagnostic Centers…

This is another very promising medical business with a low initial investment and high returns. You will need an initial investment of around INR 30,000 for this business. The monthly expenses in this business are around INR 1000 to 2000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 92%.

19) Pharmacy…

The initial investment required for setting up a pharmacy is around INR 1,10,000. The monthly expenses in this business are around INR 10,000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 90%.

20) Skincare center…

The initial investment required for setting up a skincare center is around INR 1,00,000 to 1,50,000. The monthly expenses in this business are around INR 10,000 to 20,000 and the yearly income from this business can easily reach up to INR 6,00,000 which makes it a very profitable medical business with an ROI of around 90%.

21) Fabrication…

This is another promising medical business with a very low initial investment required. You will need an initial investment of around INR 50,000 for this business. The monthly expenses in this business are around INR 3,000 to 5,000 and the yearly income from this business can easily reach up to INR 6,00,000 which makes it a very profitable medical business with an ROI of around 85%.

22) Ambulance services…

The initial investment required for setting up an ambulance services business is around INR 50,000 to 1,00,000. The monthly expenses in this business are very low (around INR 1000 to 1500) and the yearly income from this business can easily reach up to INR 6,00,000 which makes it a very profitable medical business with an ROI of around 85%.

23) Corporate wellness centers…

The initial investment required for setting up a corporate wellness center is around INR 1,00,000 to 2,00,000. The monthly expenses in this business are very low (around INR 10,000 to 12500) and the yearly income from this business can easily reach up to INR 3,25,000.

24) Fitness Centre…

The initial investment required for setting up a fitness center is around INR 1,00,000 to 2,00,000. The monthly expenses in this business are very low (around INR 10,000 to 12500) and the yearly income from this business can easily reach up to INR 4,50,000 which makes it a very profitable medical business with an ROI of around 82.5%.

25) Dialysis Centre…

This is another promising medical business with a low initial investment and high returns. You will need an initial investment of around INR 1,00,000 for this business. The monthly expenses in this business are around INR 10,000 to 20,000 and the yearly income from this business can easily reach up to INR 4,00,000 which makes it a very profitable medical business with an ROI of around 82.5%.

26) Diagnostic Centers…

The initial investment required for setting up a diagnostic center is around INR 1,10,000. The monthly expenses in this business are around INR 10,000 to 20,000 and the yearly income from this business can easily reach up to INR 6,00,000 which makes it a very profitable medical business with an ROI of around 82.5%.

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27) Open a Gym Centre…

The initial investment required for setting up a gym center is around INR 1,00,000 to 2,00,000. The monthly expenses in this business are very low (around INR 10,000 to 12500) and the yearly income from this business can easily reach up to INR 6,00,000 which makes it a very profitable medical business with an ROI of around 80%.

28) Weight loss clinic…

The initial investment required for setting up a weight loss clinic is around INR 50,000 to 1,00,000. The monthly expenses in this business are around INR 5,00 to 7500 and the yearly income from this business can easily reach up to INR 6,00,000 which makes it a very profitable medical business with an ROI of around 80%.

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29) Ayurvedic center…

The initial investment required for setting up an ayurvedic center is around INR 1,00,000. The monthly expenses in this business are very low (around INR 10,000 to 12500) and the yearly income from this business can easily reach up to INR 4,50,000 which makes it a very profitable medical business with an ROI of around 80%.

30) Naturopathy Center…

The initial investment required for setting up a naturopathy center is around INR 1,00,000. The monthly expenses in this business are very low (around INR 10,000 to 12500) and the yearly income from this business can easily reach up to INR 4,50,000 which makes it a very profitable medical business with an ROI of around 80%.

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conclusion

This is an awesome short article on How to Start a Medical Business in India. I have tried my best to cover almost all the topics which are related to the medical business. The returns of this business are really very high compared with investment. This makes it a very profitable medical business. If you still want any suggestions or information regarding this topic please feel free to ask me or comment below. I will be glad to help you. Thank You! Good Luck with your medical business.

30 Most Profitable Medical Business Ideas

30 Most Profitable Medical Business Ideas
30 Most Profitable Medical Business Ideas

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