11 Biggest Cvs Competitors In 2022 (Your Complete List)
CVS is a successful pharmacy chain with more than 10,000 locations throughout the United States. That said, CVS Health, the owner of CVS pharmacy, made $268.7 billion in revenue for 2020.
The top CVS competitors within the United States are Walgreens, Rite Aid, Kroger Pharmacy, and Walmart as of 2022. CVS is the biggest pharmacy chain with over 10,000 locations nationwide and offers health services in many locations. CVS has also been challenged by healthcare company competitors such as UnitedHealth Group (Cigna) and Cigna.
Walgreens Boots Alliance, the parent company of Walgreens is Walgreens. Walgreens, which is also a competitor to CVS, offers healthcare, retail and mail-in specialty pharmacy services.
Walgreens owns more than 13.100 stores in all 50 countries, the majority being located in America. The company operates in more 11 countries.
Walgreens had $139.5 Billion in revenues for 2020. The $88.6 Billion was in prescription revenue. Although it isn’t as great as CVS, it is still very impressive.
Rite Aid, a chain of drugstores that rivals CVS is not as common as CVS.
There are over 2,400 Rite Aids locations across America. California is the home to the most (530 stores).
Pennsylvania, with 514 retail stores, comes second, followed by New York with over 300.
Rite Aid had a revenue of $21.9 billion in 2020. Prescription revenue was $11.6 billion. Additionally, Rite Aid is a trusted source for prescriptions and health products in the United States.
Walmart Pharmacy is one the largest mass merchants with retail pharmacies in every store. It is also one of the most competitive to CVS.
In 2020, Walmart made $21.7 billion in prescription revenue and offers both specialty and mail-in prescription services.
Costco, a wholesale club, offers prescription services. In 2020, Costco earned an estimated $2.7 Billion from prescription services.
With more than 600 warehouse locations throughout the United States, it is one of the best chains in America for prescriptions and products related to health and well-being.
Express Scripts was acquired by Cigna in 2018. It is now one of America’s leading specialty and mail-in pharmacies.
Express Scripts can be found in more than 49,000 places across the country, making them a well-respected pharmacy for individuals without insurance.
OptumRx has been an affiliate with UnitedHealth Group. It is also a competitor for CVS in the areas of pharmacy and healthcare.
Furthermore, UnitedHealth Group made an estimated $32.2 billion in prescription revenue in 2020, ranking it in the top four.
UnitedHealth Group provides a postal and specialty pharmacy via OptumRx to all customers in the United States.
Kroger is a well-known grocery store in America. There are over 2,200 Kroger Pharmacy locations available to customers.
Kroger has a direct competition to CVS.
Furthermore, it offers clinics inside some locations for healthcare services. Kroger has a prescription drug program that offers affordable prescription medications.
Kroger pharmacy generated revenue of $15.1 billion through specialty and regular pharmacy services for 2020.
Publix can be found in many states. It is often considered the best supermarket chain for customers because of its high customer satisfaction.
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 has a wide range of low-cost prescription medicines available in their stores. It is an affordable option for individuals with lower incomes.
Albertsons generated an estimated $5.2 billion in prescription revenues for 2020. This is quite a lot considering that it has only 1,700 pharmacies across the country.
H-E-B is a supermarket chain with over 300 pharmacy locations nationwide. This makes H-EB a rival to CVS for prescription services.
H-E-B was ranked #1 in J.D.’s 13th edition with a $1.8 billion prescription revenue. Power carried out an annual study of all supermarket pharmacies. This was H-EB’s first ever.
To know more about CVS, you can also see our posts on CVS competitive advantages, CVS mission statement, and why is CVS so expensive.
Walgreens is the largest competitor to CVS. Rite Aid, Walgreens, Rite Aid, as well as supermarket chain pharmacies like Kroger and Publix.
CVS also has to contend with other health insurance providers like UnitedHealth Group which is affiliated with OptumRx.
Cigna, which bought Express Scripts from it, has been a competitor. Humana Pharmacy Solutions competes directly with CVS to provide prescription services.
Who are the Cvs Most Important Competitors
CVS Health competitors include Express Scripts, Avella Specialty Pharmacy, Walgreens and Rite Aid.
What is Cvs competitive advantage?
Competitors to be demolished. CVS is able to continue to grow while its competitors are closing down their stores. This gives it an additional competitive edge. Walgreens Boots Alliance has also had to close multiple stores in the wake of a loss.
Are Cvs And Walgreens Competitors?
CVS competes with Walgreens and is America’s largest pharmacy chain, having 9,954 stores in the United States.
How Do You Compete With Walgreens
Walgreens has many competitors, including J. C. Penney and Walmart. Rite Aid is also available.
.11 Biggest Cvs Competitors In 2022 (Your Complete List)