StockNews.AI
AMZN
Forbes
77 days

Amazon, A Small Pharmacy Player, Seeks To Dent CVS And Walgreens Medicare Share

1. Amazon Pharmacy targets Medicare seniors with new caregiver features. 2. PillPack simplifies medication for seniors with multiple prescriptions. 3. Pharmacy revenue estimated under $2 billion, less than 1% market share. 4. CVS and Walgreens dominate with 40% market share and significant revenues. 5. Over 11,000 Americans turn 65 daily, increasing potential market.

5m saved
Insight
Article

FAQ

Why Bullish?

Amazon's focus on the growing senior market could increase pharmacy user engagement. Historical attempts at market entry have shown incremental gains in related sectors, which may manifest similarly here.

How important is it?

The new features may attract a substantial user base among seniors, directly impacting long-term growth potential.

Why Long Term?

The aging population trend offers sustainable market opportunities, potentially leading to steady revenue growth over time.

Related Companies

Related News