Press release
Global Pharmacy Benefit Management Market To Set At CAGR Of 6.14% Between 2017-2021
PBMs are responsible for processing prescriptions and claims for people or corporations that wish to provide insurance to their employees. The primary role of a PBM is to keep drug prices in control. This is achieved by negotiating a fair price, which consumers can afford, and is mutually agreed upon by the pharmacy, the manufacturer, and the insurance company. The global pharmacy benefit management market is a key segment of the global healthcare market. PBMs mediate between the key stakeholders in the healthcare system. As a concept, pharmacy benefit management originated in the US and has been adopted across the globe.
Technavios analysts forecast the global pharmacy benefit management market to grow at a CAGR of 6.14% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pharmacy benefit management market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Pharmacy Benefit Management Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Aetna
Cigna
CVS Health
Express Scripts
UnitedHealth
Other prominent vendors
Anthem
Centene
China Jo-Jo Drugstore
DST Systems
Humana
Kaiser Permanente
Magellan Health
McKesson
MedImpact
OmedaRx
Prime Rx Pharmacy
Prime Therapeutics
Rite Aid
RxSolutions
Vidalink
Walgreens Boots Alliance
Market driver
Increasing global healthcare expenditure
For a full, detailed list, view our report
Market challenge
Unclear revenue models
For a full, detailed list, view our report
Market trend
Disruption of key M&A
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: SEGMENTATION BY TYPE OF SERVICE
Overview
Comparison by type of service
Retail/mail-order pharmacy
Specialty pharmacy
Preferred network pharmacy
Other
Market opportunity by type of service
PART 09: REGIONAL LANDSCAPE
Overview
Regional comparison
Americas
EMEA
APAC
Key leading countries
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Shift toward multi-tier prescription drug formulary
Disruption of key M&A
Growing focus on promotional activities
PART 13: VENDOR LANDSCAPE
Competitive scenario
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