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...
| Report Preview * This chart and data were pulled from The Amazon Delivers Healthcare Report by Insider Intelligence. Purchase the report below for $995 for immediate access. | | 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... | | Other Related Reports | Healthcare incumbents have been dragging their feet on digital transformation—but the coronavirus pandemic forced their hands to accelerate digitization... ACCESS FULL REPORT | The steady rise of value-based reimbursement models, high rates of chronic disease, and widening health disparities are leading... ACCESS FULL REPORT | | | To learn more about Insider Intelligence and our Health coverage, click below and fill out the form, and a member of our team will be in touch with you. | | | |
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