Pharmacy Benefit Management Industry Is Predicted To Have Global Rise In Demand By 2031

The global pharmacy benefit management market is expected to grow from $506.27 billion in 2021 to $537.78 billion in 2022 at a compound annual growth rate (CAGR) of 6.22%. The global pharmacy benefit management market is expected to reach $685.91 billion in 2026 at a CAGR of 6.27%.

The Business Research Company offers the Pharmacy Benefit Management Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The pharmacy benefit management market consists of sales of pharmacy benefit management services and solutions by entities (organizations, sole traders, and partnerships) that refer to a collection of businesses that function as intermediaries between insurance companies, pharmacies, and drug distributors. PBMs ensure that insurers and insurance companies pay reduced prescription costs by negotiating with pharmacists and medicine producers.

Some key pharmacy benefit management market players are CVS Health, Cigna, OptumRx Inc, Anthem Inc, Centene Corporation, Abarca Health LLC, Medimpact, Express Scripts Holding Company, ProCare Rx, Aetna Inc, Magellan Health Inc, Prime Therapeutics LLC, SS&c Technologies, UnitedHealth Group, Rite Aid Corp, Benecard Services LLC, Rite Aid Corp and Benecard Services LL.

The countries covered in the global pharmacy benefit management market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global pharmacy benefit management market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Pharmacy Benefit Management Market Segmentation:

By Services
1. Mail-Delivery
2. Specialty Pharmacy
3. Preferred Network Pharmacy

By Type
1. Commercial Health Plans
2. Self-Insured Employer Plans
3. Medicare Part D Plans
4. Federal Employees Health Benefits Program

By End User
1. Pharmacy Benefit Management Organization
2. Mail Order Pharmacies
3. Retail Pharmacies
4. Inpatient Pharmacies
5. Outpatient Pharmacies

See more on the report at https://www.thebusinessresearchcompany.com/report/pharmacy-benefit-management-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Pharmacy Benefit Management Market Characteristics
3. Pharmacy Benefit Management Market Trends And Strategies
4. Impact Of COVID-19 On Pharmacy Benefit Management
5. Pharmacy Benefit Management Market Size And Growth
……
26. Africa Pharmacy Benefit Management Market
27. Pharmacy Benefit Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pharmacy Benefit Management Market
29. Pharmacy Benefit Management Market Future Outlook And Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the pharmacy benefit management market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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