11 of the Largest CVS-Like Companies and Competitors You Can Bag
CVS is a well-known pharmacy business with more than 10,000 sites in the United States. CVS Health, the parent company of CVS Pharmacy, had more than $268.5 billion in revenue in 2020.
Our article will provide you with detailed The 11 largest CVS-like companies There’s more interesting information if you’re looking for CVS competitors and how much they’ve managed to earn. So why don’t you read on to find out these famous competitors?
CVS overview
CVS is the largest pharmacy chain in the United States. In addition to CVS, there are many pharmacy merchant businesses that compete with CVS. Walgreens, Kroger Pharmacy, Walmart and Rite Aid will be assessed as the leading and top CVS competitors in the US in 2022.
The company offers a wide range of health services and has more than 10,000 stores serving customers across the country. On the other hand, CVS has to face competition from healthcare group rivals such as Cigna and UnitedHealth Group.
The 11 largest CVS-like companies
1. Walgreens
The first pharmacy chain The 11 largest CVS-like companies It’s Walgreens, owned by parent company Walgreens Boots Alliance. Because Walgreens provides healthcare, specialty healthcare services, and retail products, it is considered a big competitor and competes directly with CVS.
Walgreens also has more than 13,000 locations worldwide, most of them in the United States. It operates in more than 11 countries, with more likely to come.
In addition, the UK has more than 2,300 stores and has become the largest pharmacy chain in overseas markets. Walgreens’ 2020 revenue of more than $139 billion and prescription revenue of more than $88.5 billion is still pretty close compared to CVS.
2. Walmart Pharmacy
Ranked as one of the largest wholesalers, Walmart Pharmacy offers retail pharmacies in many locations, making it a major rival to CVS. Walmart generated more than $21.5 billion in prescription revenue in 2020 and offers mail-in and specialty prescription services.
Additionally, Walmart has been recognized for its generic drug discount program, which allows you to get hundreds of different medicines for $4 or $10 for a 30-day or 90-day supply!
3. Ritual aid
Another big competitor on a par with CVS is Rite Aid, a pharmacy chain founded in Pennsylvania in 1962. Although you may find it difficult to find stores due to their limited numbers, Rite Aid is still gaining some recognition.
There are more than 2,300 Rite Aid stores in 17 states, and California has the most with 530 stores. Additionally, Pennsylvania came in second with 514 locations, while New York came in third with more than 300 locations.
Rite Aid’s sales topped $21.8 billion in 2020, including more than $11.5 billion in prescription drug revenue. It is a nationally recognized provider of prescription drugs and health supplements. The company is ranked 150th among the Fortune 500 U.S. companies by total revenue in 2020.
4. Cigna (Express Script)
Cigna, which acquired Connecticut-based Express Scripts in 2018, is now becoming one of the top conglomerates and major pharmacies in the U.S. providing health care and insurance. Cigna generated nearly $50 billion in prescription drug revenue in 2020, up about 9% from 2019!
Additionally, Express Scripts has more than 49,000 stores nationwide, making it a well-known pharmacy for the uninsured.
5. Costco
Costco is a wholesale group that provides prescription services. In 2020, Costco generated about $2.7 billion in prescription services.
Most importantly, it is one of the largest chains of prescription drug, health and wellness services pharmacies in the United States, with more than 540 warehouses.
6. Kroger
Kroger is one of the most popular pharmacy chains in the United States, with more than 2,100 pharmacies dedicated to providing customers with health services. That’s why Kroger competes directly with CVS.
It also has clinics in several of its stores that provide pharmacy services to customers. Additionally, Kroger’s Prescription Drug Program offers low-cost drug supplements.
Essential and specialty drug services helped Kroger generate more than $15 billion in revenue in 2020.
7. UnitedHealth Group (OptumRx)
OptumRx, a member of the UnitedHealth Group, competes with CVS for pharmacy care services. The company’s goal is to create smarter healthcare connections and provide U.S. citizens with quality care, low costs, and a richer experience.
Additionally, UnitedHealth Group is said to have generated more than $32 billion in prescription revenue in 2020, placing it in the top four on the list of the largest U.S. companies.
Additionally, UnitedHealth Group’s OptumRx serves patients across the country by providing specialty pharmacy and mail-in services.
8. Albertson
Albertsons is an American grocery chain that has a pharmacy inside. It is also one of CVS’ main competitors.
The company also offers low-cost prescription drugs throughout its locations, so it’s a great option for anyone who needs medication but is on a tight budget.
With more than $5 billion in prescription sales in 2020, Albertsons’ total revenue is impressive, even though it operates just over 1,600 pharmacies nationwide.
9. No public
Publix is a supermarket chain with many stores in many states. Its supermarket pharmacy is often cited as the best in the country for customer satisfaction.
Additionally, nearly all Publix locations have pharmacies within supermarkets that offer low-cost prescription drug plans. Get a 90-day supply of popular herbs for just $7.50!
Clearly, Publix is a direct competitor to CVS and is estimated to generate more than $4 billion in revenue compared to prescription revenue in 2020.
10. Hepatitis B
HEB is a grocery and pharmacy business with more than 310 stores in the United States. So HEB is one of CVS’ main competitors when we refer to prescription services.
HEB generated approximately $1.9 billion in prescription sales in 2020 and was ranked at the top of J.D. Power’s pharmacy study and received the highest customer satisfaction score of any other supermarket pharmacy.
11. Humana Pharmacy Solutions
Humana Pharmacy Solutions, which competes with CVS by providing healthcare and pharmacy services, is projected to have nearly $8 billion in prescription sales in 2020!
Humana Pharmacy Solutions also provides pharmacy services and delivery directly in stores. So you can have your medicine delivered to your home in no time!
in conclusion
Our articles give you the most detailed information The 11 largest CVS-like companies. Hopefully after reading this article, you will gain a better understanding of CVS and its main competitors and find the most interesting stores to suit your needs.
