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Global Pharmacy Benefit Management (PBM) Revenue Is Nearly 356 Billion USD And The Market Size Will Be 625 Billion USD In 2025.

November 1st, 2018 Global Info Research Releases

New report published by Global Info Research which offers insights on the global Pharmacy Benefit Management (PBM) market.

 

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.

 

Click to view the full report TOC, figure and tables:

https://www.globalinforesearch.com/global-pharmacy-benefit-management-pbm-market_p56101.html

 

Global Pharmacy Benefit Management (PBM) Market: Forecast by Type / Application / Region

 

They operate inside of integrated healthcare systems, as part of retail pharmacies, and as part of insurance companies.

The major players in global market include , CVS Health (CVS), Express Scripts, OptumRx (UnitedHealth), Humana Pharmacy Solutions, Prime Therapeutics, Medimpact Healthcare, Magellan Health, BC/BS, Vidalink, Sea Rainbow, Cachet

 

On the basis on the end users/applications covers , Mail-order Pharmacy Services, Non-mail Pharmacy Services.

 

In the last several years, global market of Pharmacy Benefit Management (PBM) developed rapidly, with an average growth rate of 6.41%. In 2017, global revenue of Pharmacy Benefit Management (PBM) is nearly 356 billion USD, and the market size will be 625 billion USD in 2025.

 

Pharmacy Benefit Management (PBM) is widely used for mail-order pharmacy services and non-mail pharmacy services. The most proportion of Pharmacy Benefit Management (PBM) is for non-mail pharmacy services, and the revenue in 2017 is about 313 billion USD. The trend of mail-order pharmacy services is increasing.

 

USA region is enjoying the largest market share of Pharmacy Benefit Management (PBM), with a market share nearly 97% in 2017. EU is the second place of Pharmacy Benefit Management (PBM), enjoying market share nearly 2% in 2017.

 

The PBM market has always been dominated by a handful of large players. In 2007, CVS’ merger with Caremark Rx to form CVS Caremark, now CVS Health CVS, had a huge impact on the functions and scope of PBMs. Again, CVS Health announced a historic decision to acquire health insurance giant Aetna AET.

 

Tree major PBMs (Express Scripts, CVS Health, and OptumRx of UnitedHealth Group) comprise 75% of the market and cover 180 million enrollees.

 

Ask for Discount on Research Report and Request Sample Copy of Report@

https://www.globalinforesearch.com/global-pharmacy-benefit-management-pbm-market_p56101.html

 

About Us:

GlobalInfoResearch is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.

 

Related Information:

United States Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

Europe Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

North America Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

Asia-Pacific Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

China Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

EMEA Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

Global Pharmacy Benefit Management (PBM) Market 2018 Forecast to 2023

 

Contact US :

JOE

Sales Director (Global Info Research)

E-mail: report@globalinforesearch.com

Tel:   +86-13660489451     00852-58197708(HK)

Add: RM 1605C HO KING COMM CTR 2-16 FA YUEN ST MONGKOK KL Hong Kong

Website: http://www.globalinforesearch.com

 

 

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