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Pharmacy Benefit Management Market 2023 - Size, Share, Segments, Data, Growth, And Forecast | CVS Health, Cigna, OptumRx Inc., Anthem Inc
Pharmacy Benefit Management Market
The Business Research Company's Pharmacy Benefit Management Global Market Report 2023 identifies rise in the number of people availing insurance significantly contributes to the growth of the pharmacy benefit management market. Similarly, pharmacy benefit management (PBM) supports end-to-end healthcare products by combining medical as well as pharmaceutical products. This enables the insurers to have extensive information regarding the patients that helps the insurers provide efficient programs to patients.
The global pharmacy benefit management market size grew from $541.32 billion in 2022 to $579.25 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The pharmacy benefit management market size is expected to grow to $764.8 billion in 2027 at a CAGR of 7.2%.
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Strategic partnerships are a key trend in the pharmacy benefit management market. Strategic partnerships help the organizations enter into a new market and expand by leveraging each other's resources.
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The pharmacy benefit management market is segmented -
• By Services: Mail-Delivery, Specialty Pharmacy, Preferred Network Pharmacy
• By Type: Commercial Health Plans, Self-Insured Employer Plans, Medicare Part D Plans, Federal Employees Health Benefits Program
• By End User: Pharmacy Benefit Management Organization, Mail Order Pharmacies, Retail Pharmacies, Inpatient Pharmacies, Outpatient Pharmacies
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the pharmacy benefit management market.
The Business Research Company's "Global Pharmacy Benefit Management Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Pharmacy Benefit Management Market Include:
1. Pharmacy Benefit Management Market Executive Summary
2. Pharmacy Benefit Management Market Segments
3. Pharmacy Benefit Management Market Size And Pharmacy Benefit Management Market Growth Rate
4. Key Pharmacy Benefit Management Market Trends
5. Major Pharmacy Benefit Management Market Drivers
……
25. Key Mergers And Acquisitions In The Pharmacy Benefit Management Market
26. Top Pharmacy Benefit Management Companies
27. Pharmacy Benefit Management Market Opportunities And Strategies
28. Pharmacy Benefit Management Market, Conclusions And Recommendations
29. Appendix
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