5 Largest Pharmacy Chains in the World

In this article, we will take a look at the top 5 largest pharmacy chains in the world. If you wish to see our detailed analysis, you can go to 15 Largest Pharmacy Chains in the World.

5. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Market Capitalization: $19.51 billion

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is a dominant player in the global pharmaceutical industry. The company owns Walgreens and Duane Reade as its retail pharmacy brands in the US. As of October 12, the company is worth $19.51 billion. Prescription and non-prescription drugs from the company are sold across the country and are available for in-store pick-up or home delivery. Walgreens Boots Alliance, Inc.’s (NASDAQ:WBA) retail pharmacy brand ‘Boots’ has a strong market presence in the United Kingdom.

4. Cardinal Health, Inc. (NYSE:CAH)      

Market Capitalization: $22.58 billion

Cardinal Health, Inc. (NYSE:CAH) is an established distributor of pharmaceuticals and medical products. The company claims to make 7,000 daily deliveries to healthcare facilities in the country. 29,000 pharmacies, 10,000 specialty physician offices and almost 90% of the US hospitals are served by the company’s pharmaceutical business. 24/7 remote pharmacy services are also offered to assist healthcare systems. As of October 12, Cardinal Health, Inc. (NYSE:CAH) is worth $22.586 billion and is one of the largest pharmaceutical networks in the world.

3. Walmart, Inc. (NYSE:WMT)

Annual Revenue from Pharmacy Business: $42.83 billion

Walmart, Inc. (NYSE:WMT) has a diversified business which includes a strong pharmacy network of more than 5,000 pharmacies across the US. The company operates specialty pharmacies, mail order pharmacies and a pet pharmacy as well. Services such as refilling prescriptions, transferring prescriptions, and scheduling vaccines are offered by the company. Walmart, Inc. (NYSE:WMT) is one of the largest pharmacy chains in the world and recorded an annual revenue of $42.83 billion from its pharmacy business in 2022. 

2. McKesson Corporation (NYSE:MCK)

Market Capitalization: $61.6 billion

McKesson Corporation (NYSE:MCK) is another major pharmacy chain in the world. The company provides pharmaceuticals, medical supplies and health information technology to its customers. McKesson Corporation’s (NYSE:MCK) pharmaceutical network supplies pharmaceuticals to more than 400,000 customers through independent retail pharmacies, hospitals, integrated delivery networks, and care providers. These pharmaceuticals include branded, generic and over-the-counter products. As of October 12, the company is worth $61.6 billion.

1. CVS Health Corporation (NYSE:CVS)

Market Capitalization: $92.13 billion

CVS Health Corporation (NYSE:CVS) is a leading American healthcare provider. The company holds a retail pharmacy chain, a health insurance provider and a pharmacy benefits manager. Its pharmacy business is extensive, comprising neighborhood, mail order and specialty pharmacies. CVS Health Corporation (NYSE:CVS) makes prescriptions and products accessible by its mail order delivery to its consumers. As of October 12, the company is worth $92.13 billion on the open market and is one of the largest pharmacy chains in the world.

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