Share This Article
11 Biggest Cvs Competitors In 2022 (Your Complete List)
CVS has more than 10,000 stores across the United States. CVS Health (owner of CVS pharmacy) made $268.7Billion in revenue in 2020.
Walgreens (as of 2022), Rite Aid Pharmacy, Kroger Pharmacy and Walmart all compete with CVS. CVS has over 10,000 pharmacies across America and provides health services in many areas. CVS has also been challenged by healthcare company competitors such as UnitedHealth Group (Cigna) and Cigna.
Walgreens Boots Alliance is the parent company that owns Walgreens. Walgreens has direct competition to CVS when it comes to healthcare, special pharmacy services and retail.
Walgreens is home to more than 13,000 stores, with the largest number being found in the United States. But, the company also has operations in 11 additional countries.
Walgreens generated $139.5 billion in revenue in 2020. $88.6 million was prescription revenue. This is not as impressive as CVS but still a good number.
Rite Aid is a drugstore chain that competes with CVS, although it’s not found in nearly as many states as CVS.
That said, more than 2,400 Rite Aid locations spread out between 17 states in America, with California having the most stores (530 locations).
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. It is also trusted as a source of both prescriptions, and products for healthcare across the country.
Walmart Pharmacy is the leading mass-merchant store with retail pharmacy locations at almost all of its stores and it is even more competitive than CVS.
In 2020, Walmart made $21.7 billion in prescription revenue and offers both specialty and mail-in prescription services.
Costco is a wholesale club that offers prescription services, and in 2020, Costco made 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.
Cigna bought out Express Scripts in 2018 and is one of the leading mail-in and specialty pharmacies located throughout the United States.
Express Scripts is a popular choice for people without insurance because it has more than 49,000 locations across the country.
OptumRx is an affiliate of UnitedHealth Group, and it’s a competitor to CVS in healthcare and pharmacy services.
UnitedHealth Group earned an estimated $32.2 million in prescription revenue in 2020. It ranks among the top four.
UnitedHealth Group has an OptumRx specialty and mail-in pharmacy that can be used to service customers throughout the nation.
Kroger is an American grocery retailer that’s well-known. Kroger has over 2200 locations across the country.
Kroger can be seen as a direct rival to CVS.
Furthermore, it offers clinics inside some locations for healthcare services. Kroger’s prescription drug program also provides low-cost prescription medicines.
Kroger pharmacy earned $15.1 million in annual revenue through regular and specialty pharmacy services.
Publix, which is located in multiple states, is the supermarket chain that is most often rated #1 for customer satisfaction.
As you can see, it’s a direct competitor to CVS, with Publix making more than $4.1 billion in prescription revenue for 2020.
Albertsons is a grocery chain that has its own pharmacy. This makes it one of America’s leading rivals 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 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, a grocery chain that has over 300 pharmacies across the country, is H-E-B. H-E-B is a supermarket chain with over 300 pharmacies across the country.
H-E-B was ranked #1 in J.D.’s 13th edition with a $1.8 billion prescription revenue. Power’s annual study of supermarket pharmacies, which was a first for H-E-B.
CVS is a competitive advantage. You can find out more by reading our posts about CVS’ mission and value.
Walgreens, Rite Aid and supermarket chain pharmacies like Krogers, Publixes, H-E-B and Albertsons are some of the major competitors to CVS.
CVS is also competing with UnitedHealth Group, a health insurance company that is affiliated to OptumRx.
Cigna, which bought Express Scripts from it, has been a competitor. Humana Pharmacy Solutions competes directly with CVS to provide prescription services.
Which are the biggest competitors to Cvs?
CVS Health has many competitors, including Express Scripts (Walgreens), Avella Specialty Pharmacy and Walgreens.
What’s Cvs Competitive Advantage?
Defeating Competitors. CVS’s continued expansion means that it is more competitive than other companies, which has led to some stores being closed. Walgreens Boots Alliance, a rival retailer, has had to close many stores due to a decline in profits.
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)