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Download Free samplePharmacy 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.
Pharmacy Benefit Management Market 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.
We 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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