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. CVS Health is the company that owns CVS Pharmacy. It made $268.7 Billion in 2020.
Walgreens and Rite Aid are the top CVS competitors in America. Kroger Pharmacy, Walmart, Rite Aid and Kroger Pharmacy were all established by CVS 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. 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. Walgreens also operates in eleven other 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 competes with CVS but isn’t as widespread as CVS.
This said, Rite Aid has more than 2,400 locations in 17 American states, California being the biggest (530) and California with the least (2,400).
Pennsylvania, with 514 retail stores, comes second, followed by New York with over 300.
Rite Aid reported a $21.9 billion revenue for 2020. The prescription revenue was approximately $11.6 million. You can trust Rite Aid to provide prescriptions as well as healthcare products throughout the nation.
Walmart Pharmacy, one of America’s largest mass merchant stores, has a retail pharmacy in nearly every location and is a top competitor to CVS.
Walmart’s 2020 prescription revenue was $21.7 billion. The company offers mail-in or specialty prescription services.
Costco, a wholesale club, offers prescription services. In 2020, Costco earned an estimated $2.7 Billion from prescription services.
It also boasts more than 550 locations across the United States. This makes it one of the most popular chains for prescriptions, health, and wellness products.
Express Scripts was purchased by Cigna and now Cigna is one of the largest mail-in specialty pharmacies throughout the United States.
Additionally, there are more than 49,000 Express Scripts locations nationwide, making it a highly popular pharmacy for those without insurance.
OptumRx has been an affiliate with UnitedHealth Group. It is also a competitor for CVS in the areas of pharmacy and healthcare.
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 a well-known grocery store in America. There are over 2,200 Kroger Pharmacy locations available to customers.
Kroger therefore is directly competitive to CVS.
It also offers healthcare services in some areas through its clinics. 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 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 supermarket chain has inside pharmacy and is one the most popular competitors to CVS.
Albertsons is a great option for low-income people because it offers prescriptions at a very affordable price in every one of its stores.
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 an American supermarket chain which has more than 300 locations across the nation. It is therefore a competitor to CVS in prescription services.
H-E-B’s 2020 prescription revenue was $1.8 million. It was also ranked the number one spot in J.D. Power carried out an annual study of all supermarket pharmacies. This was H-EB’s first ever.
For more information on CVS, please visit our post about CVS competitive advantage, CVS Mission Statement, and CVS price.
Walgreens and Rite Aid are the main rivals to CVS. They also have supermarket chains pharmacies like Kroger, Publix or H-E-B.
CVS also has to contend with other health insurance providers like UnitedHealth Group which is affiliated with OptumRx.
Cigna bought Express Scripts in a competition, Humana Pharmacy Solutions is a rival to CVS when it comes to prescription services.
Which are the biggest competitors to Cvs?
CVS Health is competing with Express Scripts. Avella Specialty Pharmacy Walgreens Rite Aid.
What Is Cvs Competitive Advantage?
Competitors to be demolished. CVS’s continued expansion means that it is more competitive than other companies, which has led to some stores being closed. Walgreens Boots Alliance and Rite Aid, for example, had to shut down several of their stores after suffering losses in profit.
Are Cvs And Walgreens Competitors?
CVS, Walgreens’ main rival, is also known as the largest pharmacy chain with 9954 stores across the United States.
What Are Walgreens’ Competitors?
Walgreens’ competitors are J. C. Penney Walmart Rite Aid Rite Aid Sally Beauty, McKesson, J. C. Penney Walgreens
.11 Biggest Cvs Competitors In 2022 (Your Complete List)