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Mckesson Corporation (MCK) |
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Mckesson's Comment on Competitors and Industry Peers
In every area of healthcare distribution operations, our Distribution Solutions
segment faces a highly competitive global environment with strong competition,
both in price and service, from international, national, regional and local full-line,
short-line and specialty wholesalers, service merchandisers, self-warehousing
chains, manufacturers engaged in direct distribution, third-party logistics companies
and large payer organizations. In addition, this segment faces competition from
various other service providers and from pharmaceutical and other healthcare manufacturers
as well as other potential customers of the segment, which may from time-to-time
decide to develop, for their own internal needs, supply management capabilities
that would otherwise be provided by the segment. Price, quality of service, innovation
and, in some cases, convenience to the customer are generally the principal competitive
elements in this segment.
Our Technology Solutions segment experiences substantial competition from many
firms, including other software services firms, consulting firms, shared service
vendors, certain hospitals and hospital groups, payers, care management organizations,
hardware vendors and internet-based companies with technology applicable to the
healthcare industry. Competition varies in size from small to large companies,
in geographical coverage and in scope and breadth of products and services offered.
Overall company Market Share Q4 2022 |
Overall company revenue, grew with moderate pace of 2.73 % slower than competitors within this segment.
<< More on MCK Market Share.
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*Market share is calculated based on total revenue.
Who are Mckesson Corporation's Competitors?
Amerisourcebergen Corp
Share Performance
+10.23%
One Year
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Amerisourcebergen Corp
Profile
AmerisourceBergen Corporation is a leading wholesale distributor of pharmaceutical
products and furnishes related services to healthcare providers and pharmaceutical
manufacturers. We also provide pharmaceuticals to long-term care, workers’ compensation
and specialty drug patients. We distribute a full line of brand name and generic
pharmaceuticals, over-the-counter healthcare products, and home healthcare supplies
and equipment to a wide variety of healthcare providers located throughout the
Untied States, including acute care hospitals and health systems, independent
and chain retail pharmacies, mail order facilities, physicians, clinics and other
alternate site facilities, and skilled nursing and assisted living centers. We
furnish healthcare providers and pharmaceutical manufacturers with an assortment
of services, including pharmacy automation, bedside medication safety software,
pharmaceutical packaging solutions, reimbursement and pharmaceutical consulting
services, logistics services, and physician education, all of which are designed
to reduce costs and improve patient outcomes.
More about Amerisourcebergen Corp's Market Share
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Cardinal Health Inc
Share Performance
+4.27%
This Quarter
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Cardinal Health Inc
Profile
Cardinal Health, Inc., an Ohio corporation formed in 1979, is a holding company
encompassing a number of operating subsidiaries that do business as Cardinal Health.
The Company is a leading provider of products and services supporting the health
care industry, and helping health care providers and manufacturers improve the
efficiency and quality of health care.
More about Cardinal Health Inc 's Market Share
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Becton Dickinson And Company
Share Performance
-0.83%
30 Days
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Becton Dickinson And Company
Profile
BD is a medical technology company engaged principally in the manufacture and
sale of a broad range of medical supplies, devices, laboratory equipment and diagnostic
products used by healthcare institutions, life science researchers, clinical laboratories,
industry and the general public.
More about Becton Dickinson And Company's Market Share
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Danaher Corporation
Share Performance
+4.22%
30 Days
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Danaher Corporation
Profile
Danaher conducts its operations through two business segments: Process/Environmental
Controls and Tools & Components.
The Process/Environmental Controls segment encompassed four strategic platforms
(Motion, Environmental, Electronic Test, and Product Identification) and three
focused niche businesses (Power Quality, Aerospace and Defense, and Industrial
Controls).
The Tools & Components segment encompasses one strategic platform, Mechanics’
Hand Tools, and five focused niche businesses. Products are distributed by the
Company’s sales personnel and independent representatives to distributors, end-users,
and original equipment manufacturers.
More about Danaher Corporation's Market Share
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Helen Of Troy Limited
Share Performance
-5.52%
Today
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Helen Of Troy Limited
Profile
We incorporated as Helen of Troy Corporation in Texas in 1968 and were reorganized
as Helen of Troy Limited in Bermuda in 1994. We are a global consumer products
company offering creative solutions for our customers through a strong portfolio
of well-recognized and widely trusted brands. We have built our market positions
through new product innovation, product quality and competitive pricing. People
around the world use our products every day to help meet their household, health
and beauty needs.
More about Helen Of Troy Limited's Market Share
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Johnson and Johnson
Share Performance
+0.02%
Today
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Johnson and Johnson
Profile
Johnson & Johnson, is engaged in the manufacture and sale of a broad range
of products in the health care field. Through over 200 operating companies, it
conducts business in virtually all countries of the world. Johnson & Johnson's
primary interest, both historically and currently, has been in products related
to human health and well-being. Johnson & Johnson was organized in the State
of New Jersey in 1887.
More about Johnson and Johnson's Market Share
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Medtronic Plc
Share Performance
-1.32%
This Quarter
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Medtronic Plc
Profile
Medtronic is a world leading medical technology company, providing lifelong solutions
for people with chronic disease. We are committed to offering market-leading therapies
worldwide to restore patients to fuller, healthier lives. With beginnings in the
treatment of heart disease, we have expanded well beyond our historical core business
and today provide a wide range of products and therapies that help solve many
challenging, life-limiting medical conditions. We hold market-leading positions
in almost all of the major markets in which we compete.
More about Medtronic Plc's Market Share
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3m Company
Share Performance
-4.55%
This Year
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3m Company
Profile
3M is a diversified technology company with a global presence in the following
markets: health care; industrial; display and graphics; consumer and office; safety,
security and protection services; electronics, telecommunications and electrical;
and transportation. 3M is a global enterprise characterized by substantial intercompany
cooperation in research, manufacturing and marketing of products.
More about 3m Company's Market Share
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Patterson Companies Inc
Share Performance
+6.70%
One Year
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Patterson Companies Inc
Profile
Patterson Companies, Inc. is a value-added distributor serving the dental, companion-pet
veterinarian and rehabilitation supply markets. Patterson Dental Supply provides
a virtually complete range of consumable dental products, equipment and software,
turnkey digital solutions and value-added services to dentists and dental laboratories
throughout North America. Webster Veterinary Supply is the nation’s second largest
distributor of consumable veterinary supplies, equipment, diagnostic products,
vaccines and pharmaceuticals to companion-pet veterinary clinics. AbilityOne Products
Corp. is the world’s leading distributor of rehabilitation supplies and non-wheelchair
assistive patient products to the physical and occupational therapy markets. The
unit’s global customer base includes hospitals, long-term care facilities, clinics
and dealers.
More about Patterson Companies Inc 's Market Share
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Stryker Corp
Share Performance
+9.06%
30 Days
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Stryker Corp
Profile
Stryker Corporation is a leader in the worldwide orthopaedic market and is one
of the world's largest medical device companies. Stryker delivers results through
a wide range of capabilities including joint replacements, trauma, spine and micro
implant systems, orthobiologics, powered surgical instruments, surgical navigation
systems and endoscopic products as well as patient handling and emergency medical
equipment. Stryker also provides outpatient physical therapy services in the United
States. Stryker was incorporated in Michigan in 1946 as the successor company
to a business founded in 1941 by Dr. Homer H. Stryker, a leading orthopaedic surgeon
and the inventor of several orthopaedic products.
More about Stryker Corp's Market Share
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Benefitfocus Inc
Share Performance
+74.42%
This Quarter
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Benefitfocus Inc
Profile
Benefitfocus provides a leading cloud-based benefits management platform for
consumers, employers, insurance carriers, and brokers. The Benefitfocus Platform
simplifies how organizations and individuals shop for, enroll in, manage and
exchange benefits. Our employer and insurance carrier customers rely on our
platform to manage, scale and exchange benefits data seamlessly. Our web-based
platform has a user-friendly interface designed to enable the insured consumers
to access all of their benefits in one place. Our comprehensive solutions support
core benefits plans, including healthcare, dental, life, and disability insurance,
and voluntary benefits offerings such as income protection, digital health and
financial wellness. As the number of employer benefits plans has increased,
with each plan subject to many different business rules and requirements, demand
for the Benefitfocus Platform has grown.
More about Benefitfocus Inc 's Market Share
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Cerner Corporation
Share Performance
+19.41%
One Year
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Cerner Corporation
Profile
We are a leading supplier of healthcare information technology (HIT) solutions,
healthcare devices and related services, and are transforming healthcare by eliminating
error, variance and waste for healthcare providers and consumers. Cerner®
solutions optimize processes for healthcare organizations ranging in size from
single-doctor practices, to health systems, to entire countries, for the pharmaceutical
and medical device industries, and for the healthcare commerce system.
More about Cerner Corporation's Market Share
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Cognizant Technology Solutions Corporation
Share Performance
+17.28%
30 Days
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Cognizant Technology Solutions Corporation
Profile
We are a leading provider of custom IT consulting and technology services as well
as outsourcing services for Global 2000 companies located in North America, Europe
and Asia. Our core competencies include Technology Strategy Consulting, Complex
Systems Development, Enterprise Software Package Implementation and Maintenance,
Data Warehousing & Business Intelligence, Application Testing, Application
Maintenance, Infrastructure Management, and Vertically-Oriented Business Process
Outsourcing (BPO). We tailor our services to specific industries, and utilize
an integrated on-site/offshore business model. This seamless on-site/offshore
business model combines technical and account management teams located on-site
at the customer location and offshore at dedicated development centers located
primarily in India.
More about Cognizant Technology Solutions Corporation's Market Share
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Omnicell inc
Share Performance
+13.04%
This Year
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Omnicell inc
Profile
Omnicell, a pioneer in revolutionizing the pharmacy care delivery paradigm, is dedicated to elevating pharmacy's position in healthcare and transforming drug management as a critical component of care delivery. We accomplish it by leveraging an industry-leading complete intelligent infrastructure that combines technology, analytics, and professional services to equip and empower pharmacists and pharmacies to focus on clinical care rather than administrative duties. This intelligent infrastructure is key to attaining the industry goal of the Autonomous Pharmacy, which was characterized by pharmacy executives as enhancing operational efficiency and ultimately aiming for zero-error drug administration.
More about Omnicell inc's Market Share
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