Latest research report on “Pharmacy Benefit Management (PBM) Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Pharmacy benefit manager (PBM) is a third-party administrator (TPA) of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans.
They operate inside of integrated healthcare systems, as part of retail pharmacies, and as part of insurance companies.
This report contains market size and forecasts of Pharmacy Benefit Management (PBM) in Global, including the following market information:
Global Pharmacy Benefit Management (PBM) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Pharmacy Benefit Management (PBM) market was valued at 494900 million in 2021 and is projected to reach US$ 717780 million by 2028, at a CAGR of 5.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Commercial Health Plans Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Pharmacy Benefit Management (PBM) include CVS Health (CVS), Express Scripts, OptumRx (UnitedHealth), Humana Pharmacy Solutions, Prime Therapeutics, Medimpact Healthcare, Magellan Health, BC/BS and Vidalink, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Pharmacy Benefit Management (PBM) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Pharmacy Benefit Management (PBM) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Pharmacy Benefit Management (PBM) Market Segment Percentages, by Type, 2021 (%)
– Commercial Health Plans
– Self-insured Employer Plans
– Medicare Part D plans
– Federal Employees Health Benefits Program
– State Government Employee Plans
Global Pharmacy Benefit Management (PBM) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Pharmacy Benefit Management (PBM) Market Segment Percentages, by Application, 2021 (%)
– Mail-order Pharmacy Services
– Non-mail Pharmacy Services
Global Pharmacy Benefit Management (PBM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Pharmacy Benefit Management (PBM) Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Pharmacy Benefit Management (PBM) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Pharmacy Benefit Management (PBM) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– CVS Health (CVS)
– Express Scripts
– OptumRx (UnitedHealth)
– Humana Pharmacy Solutions
– Prime Therapeutics
– Medimpact Healthcare
– Magellan Health
– BC/BS
– Vidalink
– Sea Rainbow
– Cachet
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