Factors Driving The Growth Of The US Pharmacy Benefit Management (PBM) Market Are Increase In Ageing Population, Healthcare Expenditure, Life Expectancy Rate And Rising Use Of Drugs

Researchmoz added Most up-to-date research on "The US Pharmacy Benefit Management (PBM) Market: Industry Analysis & Outlook (2016-2020)" to its huge collection of research reports.

A pharmacy benefit manager (PBM) is a third-party administrator (TPA) of prescription drug programs for commercial health plans, self-insured employer plans, and federal employee’s health benefits program in the US. Pharmacy benefit managers act as an intermediary between the payer and everyone else in the healthcare system. The healthcare system is very complex with many components working together to meet health needs. The pharmaceutical industry is growing rapidly owing to an increase in population and number of diseases. PBMs bring value through lower drug costs for insurers by negotiating with pharmacies and drug manufacturers.

To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=902712

The competition in the PBM market is quite concentrated with major market share divided between top three companies. The competition is expected to become severe in the future due to the emerging popularity of generics and biologics. The industry is also witnessing a lot of merger and acquisitions eyeing the growth in the market.

The key factors driving the growth of the US PBM market are increase in ageing population, increase in healthcare expenditure, improving economic conditions, increase in Life expectancy rate and rising use of drugs. Some of the noteworthy trends and developments of this industry are increasing trend towards consumerism, increasing trend of specialty drugs, increase in the medical enrollments, rising prevalence of narrow network, growth in retail prescriptions, mail order penetration and claims, increasing mix of insured individuals and drug prices trend. However, the expansion of the US PBM market is hindered by high cost of drugs, reimbursement rate pressure and legal regulations.

The report “The US Pharmacy Benefit Management (PBM) Market: Industry Analysis & Outlook (2016-2020)” provides an in-depth analysis of the market. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The industry comprises large players such as CVS, Express Scripts, Optum Rx Humana. All these companies have been profiled in the present report highlighting their key financials and business strategies for growth.

Browse Detail Report With Full TOC @ http://www.researchmoz.us/the-us-pharmacy-benefit-management-pbm-market-industry-analysis-outlook-20162020-report.html

Table of Content

1. PBM Overview1.1 An Introduction
1.2 Types of PBM Services
1.3 PBM Managers Formulary Structure
1.4 PBM Timeline
1.5 Retail Dispensing Process & Flow of Funds
1.6 Mail Dispensing Process & Flow of Funds

2. Global Pharmaceutical Market Analysis
2.1 Global Pharmaceutical Market by Value
2.2 Global Pharmaceutical Market Forecast by Value
2.3 Global Pharmaceutical Market Share by Region

3. The US Pharmaceutical Market Analysis
3.1 The US Pharmaceutical Market
3.1.1 The US Pharmaceutical Market by Value
3.1.2 The US Pharmaceutical Market Forecast by Value
3.1.3 The US Annual Pharmaceutical Market Sales by Dispensing Channel
3.1.4 The US Pharmaceutical Market by Segments
3.1.5 The US Pharmaceutical Market Channel Type by Value
3.1.6 The US Pharmaceutical Market Types by Value
3.1.7 The US Pharmaceutical Market Share by Types
3.2 The US Prescription (Rx) Market
3.2.1 The US Prescription Market by Volume
3.2.2 The US Prescription Market Forecast by Volume
3.2.3 The US Prescription Market Volume by Category
3.2.4 The US Prescription Market Volume Forecast by Category
3.2.5 The US Prescription Market Share by Channel Type
3.2.6 The US Pharmaceutical Market Quarterly Prescriptions
3.2.7 The US Pharmaceutical Generic Market Quarterly Prescriptions
3.2.8 The US Pharmaceutical Branded Market Quarterly Prescriptions
3.2.9 The US Generic Market Penetration Rate

4. Market Dynamics
4.1 Growth Drivers
4.1.1 Growth in Ageing Population
4.1.2 Increasing Healthcare Expenditure
4.1.3 Improving Economic Conditions
4.1.4 Increasing Life Expectancy Rate
4.1.5 Rising Use of Drugs
4.2 Market Trends
4.2.1 Increasing Trend towards Consumerism
4.2.2 Growing Trend of Specialty Drugs
4.2.3 Rising Prevalence of Narrow Networks
4.2.4 Increase in the Medicare Enrollments
4.2.5 Drug Prices Trend
4.2.6 Growth in Retail Prescriptions
4.2.7 Declining Claims and Mail Order Penetration
4.2.8 Increasing Mix of Insured Individuals
4.3 Challenges
4.3.1 High Drug Prices
4.3.2 Reimbursement Rate Pressure
4.3.3 Legal Regulations

5. Competitive Landscape
5.1 The US PBM Market Share by Prescription Claim
5.2 The US PBM Market Share Forecast by Prescription Claim
5.3 The US PBM Market by Annual Script Volume
5.4 The US Specialty Pharmacy Market Share by Company
5.5 The US PBM Drug Cost Trend by Company
5.6 The US PBM Specialty Drug Cost Trend by Company

Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=902712

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Email: sales@researchmoz.us
Website @ http://www.researchmoz.us/
Tel: 866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-621-2074
Follow us on LinkedIn @ http://bit.ly/1TBmnVG

This release was published on openPR.