Amazon's healthy 13% sales rise is the prescription for a booming UK online healthcare market
Dr Avinash Hari Narayanan (MBChB), Clinical Lead at London Medical Laboratory, says: 'Amazon's net sales increased 13% to $143.1bn (almost £118bn) in its third quarter, compared with $127.1bn (almost £105bn) in third-quarter 2022. It's not hard to see where a lot of that success was achieved. Amazon doesn't list the results of its healthcare service sales separately, but the overall division they are included in made $1.22bn in Amazon's Q3 alone. That's a prescription for success.
'Among its recent health sector successes, the Amazon Clinic virtual healthcare marketplace is now available across the US to provide care for more than 35 conditions. This service bypasses queues for medical appointments by offering 24/7 video visits or messaging with a doctor or nurse practitioner. Prescriptions are either issued to the patient's chosen pharmacy or sent through the Amazon Pharmacy marketplace.
'Here in the UK, a similar revolution is underway. The ever-expanding UK pharmacy market is currently worth £12bn a year. National High Street pharmacy chains such as Boots and Lloyds have enthusiastically adopted online prescription renewals, as have many local pharmacies.
'The NHS has an increasing number of online services, including information about prescriptions, vaccinations and test results. The NHS app also enables access to many national and local pharmacies.
'One of the biggest revolutions in the UK's online healthcare market is likely to be in blood testing. Home delivery blood tests are now available for monitoring conditions from diabetes and cholesterol to sexual health and allergies. General health checks and tests to monitor specific conditions are booming. For example, the online blood test provider London Medical Laboratory was listed this year as one of the J.P. Morgan UK Top 200 Women-Powered Businesses.
London Medical Laboratory's General Health Profile home test provides a comprehensive check-up of general health, including diabetes (HbA1c), liver & kidney function, bone health, iron levels and a full cholesterol profile. This profile helps people to proactively manage their health and identify/monitor many underlying or pre-existing conditions. It can be taken at home through the post, or at one of the many drop-in clinics that offer these tests across London and nationwide in over 95 selected pharmacies and health stores. For full details, see: https://www.londonmedicallaboratory.com/
London Medical Laboratory
Page Updated Last on: Nov 02, 2023