11 Biggest Cvs Competitors In 2022 (Your Complete List)
CVS has more than 10,000 stores across the United States. CVS Health is the company that owns CVS Pharmacy. It made $268.7 Billion in 2020.
Walgreens is Walgreens’ top competitor in the United States for CVS. Rite Aid, Kroger Pharmacy and Walmart are its main competitors as of 2022. CVS, the largest pharmacy chain in America with more than 10,000 stores across the country, offers health services at many locations. CVS is also competing with healthcare providers like UnitedHealth Group, Cigna and Cigna.
Walgreens Boots Alliance owns Walgreens. With that, Walgreens is a direct competitor to CVS for healthcare, mail-in, specialty pharmacy services, and retail items.
Walgreens operates more than 131,000 stores around the world, most of which are located in the United States. However, it also operates in more than 11 countries.
In 2020, the revenue for Walgreens was $139.5 billion, with $88.6 billion being in prescription revenue, which isn’t quite as good as CVS, but it’s right up there.
Rite Aid competes with CVS but isn’t as widespread as CVS.
There are more than 2400 Rite Aid stores in America. California has the largest number of locations (530).
Pennsylvania ranks second with 514 shops, New York third with more 300 and New York fourth with 309.
Rite Aid reported a $21.9 billion revenue for 2020. The prescription revenue was approximately $11.6 million. Additionally, Rite Aid is a trusted source for prescriptions and health products in the United States.
Walmart Pharmacy has retail pharmacies located in most stores. This makes it one of Walmart’s top rivals to CVS.
Walmart earned $21.7B in prescription revenue in 2020. They offer both mail-in and specialty services.
Costco is a wholesale club that offers prescription services, and in 2020, Costco made an estimated $2.7 billion from prescription services.
On top of that, with more than 550 warehouse locations in the United States, it’s one of the top chains nationwide for prescriptions and health and wellness products.
Express Scripts, which Express Scripts had been acquired by Cigna last year, was taken over by Cigna in 2018 and has since become one of the most prominent mail-in or specialty pharmacies across the United States.
Express Scripts has over 49,000 branches across the nation, which makes it a very popular pharmacy for anyone without insurance.
OptumRx can be considered an affiliate of UnitedHealth Group and is competing with CVS in both healthcare and pharmacy services.
UnitedHealth Group’s 2020 prescription revenue was $32.2 Billion, placing it among the top 4.
UnitedHealth Group’s OptumRx pharmacy, which is available by mail, offers specialty services to patients all across the country.
Kroger is one of the most well-known grocery stores in the United States, and there are more than 2,200 Kroger pharmacy locations to serve customers.
Kroger, therefore, is an direct competitor of CVS.
Furthermore, it offers clinics inside some locations for healthcare services. Kroger offers prescription medication at a low cost through the Prescription Drug Program.
Kroger pharmacy generated $15.1 billion from its regular and special pharmacy services in 2020.
Publix has a number of states-based supermarket chains. They are often the top-rated for their customer service and supermarket pharmacies.
It’s clearly a competitor to CVS. Publix has more than $4.1 Billion in prescription revenue by 2020, as you can see.
Albertsons is an American supermarket chain which also houses a pharmacy. It’s a leading competitor to CVS.
Albertsons also offers low-cost prescription drugs in its stores making it an attractive option for those with lower incomes.
Albertsons’ 2020 prescription revenue was $5.2 Billion. That is an impressive amount considering the company only owns 1,700 pharmacies in the United States.
H-E-B is a supermarket chain with over 300 pharmacy locations nationwide. When it comes to prescription service, H-EB is one of its competitors.
H-E-B ranked first in J.D. 13th edition, 2020 with $1.8billion prescription revenue. Power performed an annual study on supermarket pharmacies that was first done by H-E.B.
CVS is a competitive advantage. You can find out more by reading our posts about CVS’ mission and value.
Walgreens (the main competitor) and Rite Aid (supermarket chain pharmacies), such as Krogers Publix, H-E-B or Kroger are all major rivals to CVS.
CVS is also competing with UnitedHealth Group, a health insurance company that is affiliated to OptumRx.
Since it bought out Express Scripts, Cigna has been a competitor, and Humana Pharmacy Solutions competes with CVS for prescription services.
Who Are Cvs Biggest Competitors?
CVS Health’s competitors are Avella Specialty Pharmacy Express Scripts Walgreens Rite Aid and Walgreens.
What’s Cvs Competitive Advantage?
Destroying Competitors. CVS holds a unique competitive advantage in that it keeps expanding, while rival companies have to close stores. Walgreens Boots Alliance (a competitor retailer) and Rite Aid (a neighboring retailer) have both had to close numerous stores because of losses.
Are Cvs And Walgreens Competitors?
CVS is Walgreens’ main competitor. CVS also holds the title of largest pharmacy chain in America, with 9954 locations across the country.
Who Are The Competitors Of Walgreens?
Walgreens rivals include J. C. Penney Walmart Rite Aid Rite Aid Sally Beauty and McKesson.
.11 Biggest Cvs Competitors In 2022 (Your Complete List)