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Pharmacy Benefit Management (PBM) Market 2022-2028
A New Market Study, Titled “Pharmacy Benefit Management (PBM) Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
Description
This global study of the Pharmacy Benefit Management (PBM) Market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global Pharmacy Benefit Management (PBM) industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
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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.
Fusion Market Research (FMR) has surveyed the Pharmacy Benefit Management (PBM) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Global Pharmacy Benefit Management (PBM) Market: Manufacturers Segment Analysis (Company and Product introduction, Pharmacy Benefit Management (PBM) Sales Volume, Revenue, Price and Gross Margin):
CVS Health (CVS)
Express Scripts
OptumRx (UnitedHealth)
Humana Pharmacy Solutions
Prime Therapeutics
Medimpact Healthcare
Magellan Health
BC/BS
Vidalink
Sea Rainbow
Cachet
Total Market by Segment:
Global Pharmacy Benefit Management (PBM) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
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) & (K Units)
Mail-order Pharmacy Services
Non-mail Pharmacy Services
Pharmacy Benefit Management (PBM) Market Regional Analysis:
The report provides market size for all the segments and their categories for regions that include North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). These regions are further bifurcated into major countries including the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. The report has analyzed both developed & developing regions considered for research of the Pharmacy Benefit Management (PBM) market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.
Market segment by Region, regional analysis covers
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