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The market has been dominated by fierce competition. It is extremely fragmented due to the existence of both major and small firms. Major firms hold a sizable share of the market. To grow their market share, important corporations are attempting to implement unique methods such as new product and service development, mergers and acquisitions, partnerships, and strategic alliances. Furthermore, companies who join the market with innovative items have a lot of room to grow because there is a huge demand for them.
Babylon began its clinical services network in the United States in January 2020. In contrast, Babylon went public in the U.S. in October 2021. By December 2021, the firm had expanded to provide 4.6 million members in eight states with access to its value-based care (VBC) and clinical service offerings, with 166,518 of them being U.S. VBC members. The business also struck a deal to make its Babylon 360 solution available to 15,000 Medicaid patients in New York, with a rollout beginning in the third quarter of 2021.
Some of the eminent market participants operating in the U.S. digital front door industry include: