What are the big five US pharmacy chains and how much are they worth?
The US pharmacy market is heavily dominated by massive retail ‘chains’ with huge reach and product ranges – and with huge profits to match.
Currently the two leading chains have, between them, more than a 40% share of the total US pharmacy market.
The next three chains also having more than double the prescription sales of sixth placed chain Kroger.
According to a report put together by Coyne College, a leading pharmacy technician training college, the top five retail pharmacy chains in the US, by prescription sales, are:
1 Walgreens: $49 billion (A$65.2 bn)
2 CVS Health: $45.6 bn (A$60.7 bn)
3 Rite Aid: $18.1 bn (A$24 bn)
4 Walmart: $17.3 bn (A$23 bn)
5 Cardinal Health: $17bn (A$22.6 bn)
As an example of the size of these groups, third placed Rite Aid is listed as having 4587 stores across the US.
The full list of the 50 leading pharmacy chains can be accessed here