HospitalStore.com, a B2B healthcare procurement and medical equipment platform operated by Medsun Biomedical Technologies, has reported annual revenue of ₹32 crore as it expands its healthcare ecosystem across procurement and technology.
HospitalStore.com has grown by addressing the challenges healthcare institutions face in sourcing medical equipment and supplies. The platform currently offers 29,000+ medical products across 1,400+ categories, covering medical equipment, ICU and critical-care devices, OT equipment, diagnostic and imaging solutions, surgical supplies, hospital furniture, laboratory products, dental equipment and home healthcare solutions.
The company currently serves 12,600+ healthcare customers across 72 countries, including hospitals, clinics, diagnostic laboratories, doctors, distributors and healthcare professionals. Its technology-led procurement model connects buyers with verified manufacturers, importers and suppliers, with a focus on transparent pricing, secure transactions and dependable delivery.
As the next step in its growth journey, HospitalStore.com has launched HospitalCloud.ai, an AI-driven healthcare technology platform designed to help hospitals streamline operations, manage workflows, improve decision-making and enhance operational efficiency. The launch marks the company’s expansion beyond procurement into technology solutions for hospitals.
Sonu Kumar Yadav, Founder & CEO, HospitalStore.com, said, “Reaching ₹32 crore in annual revenue is an important milestone for us, but our focus is firmly on the next stage of growth. We are targeting ₹50 crore by 2027 by expanding our customer base, strengthening our procurement ecosystem and building technology solutions that address the wider needs of healthcare institutions. With HospitalCloud.ai, we are taking our journey beyond procurement and looking at how technology and AI can help hospitals operate more efficiently.”
The company sees the convergence of healthcare procurement and digital technology as a growth opportunity. With HospitalStore.com addressing the sourcing of medical equipment and supplies and HospitalCloud.ai focusing on hospital operations and technology, the company aims to build a more comprehensive healthcare ecosystem.
Going forward, HospitalStore.com plans to expand its product and service ecosystem, strengthen its presence across healthcare markets and increase the adoption of technology-led solutions. The company’s ₹50 crore revenue target for 2027 reflects its ambition to scale its business while continuing to address the evolving procurement and operational requirements of healthcare providers.