Global Pharmacy Benefit Management Market 2017-2021 | Aetna, Cigna, CVS Health, Express Scripts , UnitedHealth

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.

The global pharmacy benefit management market to grow at a CAGR of 6.14% during the period 2017-2021. 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

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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?

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