Evercore's analysis highlights that Amazon Pharmacy is set to generate nearly $2 billion in revenue this year due to increasing consumer interest in its online medication services.
A record 45% of Amazon customers express strong interest in buying medications online, a significant increase from 34% last year, showing Amazon's growing influence in the pharmacy market.
The survey revealed that 13% of Amazon customers have already purchased pharmaceutical products from the platform, signifying a substantial rise from the previous year's 9%.
Evercore posits that if half of Prime members eventually shop for medications on Amazon, it could lead to $33 billion in additional revenue over the next 3-5 years.
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