Amazon is maneuvering to become a dominant player in direct-to-consumer healthcare services

Posted On // Leave a Comment
Amazon is maneuvering to become a dominant player in direct-to-consumer (D2C) healthcare services, beginning with its online pharmacy and telehealth services for its employees. It may acquire more healthcare delivery outlets, such as primary care and urgent care clinics. Entrenched industry players are watching carefully.

Amazon.com, Inc. has a market capitalization of $1.855 trillion as of July 14, 2021, putting it in the rarified company of other trillionaire corporations such as Alphabet ($1.73 trillion), Apple ($2.43 trillion), and Microsoft ($2.116 trillion). As the world's largest online retailer, it has enormous leverage to enter new industries and markets—but success isn't guaranteed. It has now turned its attention to the US healthcare space.

Amazon's ambitions in the US healthcare market have accelerated in recent years, from its acquisition of online pharmacy PillPack in 2018 to its Amazon Care telehealth primary care services for employers. Meanwhile, Amazon's employees are the focus of its partnership with physical clinic operator Crossover Health and its on-site wellness programs. Now, there are rumors of...

0 comments:

Post a Comment