CVS Health, Walgreens co. and The Kroger Co. – Are the Notable Market Players in Retail Clinics Market
The prominent players in the retail clinics market focus on various growth strategies to enroot their presence and garner significant market share across the globe. Some of the notable players in the global retail clinics market include The Kroger Co., CVS Health, Rite Aid Corp, Walmart Inc., Walgreens co., Nextcare Holdings, Inc., MedExpress, Doctors care, Bellin Health Systems and Concentra, Inc. The major market players within recent years have been observed to invest a substantial amount towards the development of new products, acquiring of other players and expansion. This implies a vivid picture of the strategies adopted by the market players to retain their positions and generate increased growth revenue in the retail clinics market. Global leaders in the market have majorly chosen product launches as one of the critical strategies to improve its product lines to offer customer-centric benefit to its end-users and enhance its geographic diversification.
Recent Developments Done by Companies in Retail Clinics, 2016-2019
Company | Month & Year | Description | Region |
CVS Health | November, 2019 | CVS Health announced that MinuteClinic, the company’s retail medical clinic, has rolled out its video visit offering in the states of Colorado, Illinois and New Jersey. | North America |
Walgreens co. | November, 2019 | Walgreens has been launched a new billing solution to allow Medicare patients who use the Dexcom G6 Continuous Glucose Monitoring (CGM) System to fill their prescription at any of its more than 9,200 U.S. retail pharmacy locations. | North America |
Nextcare Holdings, Inc. | September, 2018 | NextCare Urgent Care clinic opened its newest facility in New Mexico Albuquerque metropolitan area, | North America |
Walgreens co. | December, 2017 | Walgreen has announced that it had reached an agreement with China National Accord Medicines Corporation Ltd. to become an investor in its subsidiary Sinopharm Holding Guoda Drugstores Co., Ltd. is a leading retail pharmacy chain in China | Asia Pacific |
The Kroger Co. | February, 2017 | The Little Clinic, has launched “We’ll Hold Your Spot” at all 215 of its clinics. | North America |
Source: Company annual reports and The Insight Partner Analysis