Global Pharmacy Benefit Management (PBM) Supply, Demand and Key Producers, 2024-2030

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Published Date: 09 Feb 2024

Category: Medical Devices & Consumables

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Pharmacy Benefit Management (PBM) market size is expected to reach $ 702170 million by 2030, rising at a market growth of 5.5% CAGR during the forecast period (2024-2030).

Three major PBMs maufacturters include Express Scripts, CVS Health, and OptumRx, which comprise 75% of the market.

America is enjoying the largest market share of pharmacy benefit management (PBM), with a market share nearly 97%. EU is the second place, enjoying market share nearly 2%.In terms of product, government is the largest segment, with a share over 70%. And in terms of application, the largest application is non-mail pharmacy services, followed by mail-order pharmacy services.

The term pharmacy benefit management (PBM) industry refers to a group of companies that serve as the middlemen between insurance companies, pharmacies, and drug manufacturers. PBMs are responsible for securing lower drug costs for insurers and insurance companies. They accomplish this by negotiating with pharmacies and drug manufacturers. The discounts are then passed onto insurance companies. Profits are generated through the slight up-charging of drugs or retaining portions of rebates.

This report studies the global Pharmacy Benefit Management (PBM) demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Pharmacy Benefit Management (PBM), and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Pharmacy Benefit Management (PBM) that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Pharmacy Benefit Management (PBM) total market, 2019-2030, (USD Million)
Global Pharmacy Benefit Management (PBM) total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Pharmacy Benefit Management (PBM) total market, key domestic companies and share, (USD Million)
Global Pharmacy Benefit Management (PBM) revenue by player and market share 2019-2024, (USD Million)
Global Pharmacy Benefit Management (PBM) total market by Type, CAGR, 2019-2030, (USD Million)
Global Pharmacy Benefit Management (PBM) total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Pharmacy Benefit Management (PBM) market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CVS Health (CVS), Express Scripts, OptumRx (UnitedHealth), Humana Pharmacy Solutions, Prime Therapeutics, Medimpact Healthcare, Magellan Health, BC/BS and Vidalink, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Pharmacy Benefit Management (PBM) market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Pharmacy Benefit Management (PBM) Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Pharmacy Benefit Management (PBM) Market, Segmentation by Type
    Government
    Non-Government

Global Pharmacy Benefit Management (PBM) Market, Segmentation by Application
    Mail-order Pharmacy Services
    Non-mail Pharmacy Services

Companies Profiled:
    CVS Health (CVS)
    Express Scripts
    OptumRx (UnitedHealth)
    Humana Pharmacy Solutions
    Prime Therapeutics
    Medimpact Healthcare
    Magellan Health
    BC/BS
    Vidalink
    Sea Rainbow
    Cachet
    CRHMS

Key Questions Answered
1. How big is the global Pharmacy Benefit Management (PBM) market?
2. What is the demand of the global Pharmacy Benefit Management (PBM) market?
3. What is the year over year growth of the global Pharmacy Benefit Management (PBM) market?
4. What is the total value of the global Pharmacy Benefit Management (PBM) market?
5. Who are the major players in the global Pharmacy Benefit Management (PBM) market?

Table of Contents

1 Supply Summary
    1.1 Pharmacy Benefit Management (PBM) Introduction
    1.2 World Pharmacy Benefit Management (PBM) Market Size & Forecast (2019 & 2023 & 2030)
    1.3 World Pharmacy Benefit Management (PBM) Total Market by Region (by Headquarter Location)
        1.3.1 World Pharmacy Benefit Management (PBM) Market Size by Region (2019-2030), (by Headquarter Location)
        1.3.2 United States Pharmacy Benefit Management (PBM) Market Size (2019-2030)
        1.3.3 China Pharmacy Benefit Management (PBM) Market Size (2019-2030)
        1.3.4 Europe Pharmacy Benefit Management (PBM) Market Size (2019-2030)
        1.3.5 Japan Pharmacy Benefit Management (PBM) Market Size (2019-2030)
        1.3.6 South Korea Pharmacy Benefit Management (PBM) Market Size (2019-2030)
        1.3.7 ASEAN Pharmacy Benefit Management (PBM) Market Size (2019-2030)
        1.3.8 India Pharmacy Benefit Management (PBM) Market Size (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Pharmacy Benefit Management (PBM) Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Pharmacy Benefit Management (PBM) Major Market Trends

2 Demand Summary
    2.1 World Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.2 World Pharmacy Benefit Management (PBM) Consumption Value by Region
        2.2.1 World Pharmacy Benefit Management (PBM) Consumption Value by Region (2019-2024)
        2.2.2 World Pharmacy Benefit Management (PBM) Consumption Value Forecast by Region (2025-2030)
    2.3 United States Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.4 China Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.5 Europe Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.6 Japan Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.7 South Korea Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.8 ASEAN Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)
    2.9 India Pharmacy Benefit Management (PBM) Consumption Value (2019-2030)

3 World Pharmacy Benefit Management (PBM) Companies Competitive Analysis
    3.1 World Pharmacy Benefit Management (PBM) Revenue by Player (2019-2024)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Pharmacy Benefit Management (PBM) Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Pharmacy Benefit Management (PBM) in 2023
        3.2.3 Global Concentration Ratios (CR8) for Pharmacy Benefit Management (PBM) in 2023
    3.3 Pharmacy Benefit Management (PBM) Company Evaluation Quadrant
    3.4 Pharmacy Benefit Management (PBM) Market: Overall Company Footprint Analysis
        3.4.1 Pharmacy Benefit Management (PBM) Market: Region Footprint
        3.4.2 Pharmacy Benefit Management (PBM) Market: Company Product Type Footprint
        3.4.3 Pharmacy Benefit Management (PBM) Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Pharmacy Benefit Management (PBM) Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Pharmacy Benefit Management (PBM) Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
        4.1.2 United States VS China: Pharmacy Benefit Management (PBM) Revenue Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States Based Companies VS China Based Companies: Pharmacy Benefit Management (PBM) Consumption Value Comparison
        4.2.1 United States VS China: Pharmacy Benefit Management (PBM) Consumption Value Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Pharmacy Benefit Management (PBM) Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States Based Pharmacy Benefit Management (PBM) Companies and Market Share, 2019-2024
        4.3.1 United States Based Pharmacy Benefit Management (PBM) Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Pharmacy Benefit Management (PBM) Revenue, (2019-2024)
    4.4 China Based Companies Pharmacy Benefit Management (PBM) Revenue and Market Share, 2019-2024
        4.4.1 China Based Pharmacy Benefit Management (PBM) Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Pharmacy Benefit Management (PBM) Revenue, (2019-2024)
    4.5 Rest of World Based Pharmacy Benefit Management (PBM) Companies and Market Share, 2019-2024
        4.5.1 Rest of World Based Pharmacy Benefit Management (PBM) Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Pharmacy Benefit Management (PBM) Revenue, (2019-2024)

5 Market Analysis by Type
    5.1 World Pharmacy Benefit Management (PBM) Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Government
        5.2.2 Non-Government
    5.3 Market Segment by Type
        5.3.1 World Pharmacy Benefit Management (PBM) Market Size by Type (2019-2024)
        5.3.2 World Pharmacy Benefit Management (PBM) Market Size by Type (2025-2030)
        5.3.3 World Pharmacy Benefit Management (PBM) Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Pharmacy Benefit Management (PBM) Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Mail-order Pharmacy Services
        6.2.2 Non-mail Pharmacy Services
    6.3 Market Segment by Application
        6.3.1 World Pharmacy Benefit Management (PBM) Market Size by Application (2019-2024)
        6.3.2 World Pharmacy Benefit Management (PBM) Market Size by Application (2025-2030)
        6.3.3 World Pharmacy Benefit Management (PBM) Market Size by Application (2019-2030)

7 Company Profiles
    7.1 CVS Health (CVS)
        7.1.1 CVS Health (CVS) Details
        7.1.2 CVS Health (CVS) Major Business
        7.1.3 CVS Health (CVS) Pharmacy Benefit Management (PBM) Product and Services
        7.1.4 CVS Health (CVS) Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.1.5 CVS Health (CVS) Recent Developments/Updates
        7.1.6 CVS Health (CVS) Competitive Strengths & Weaknesses
    7.2 Express Scripts
        7.2.1 Express Scripts Details
        7.2.2 Express Scripts Major Business
        7.2.3 Express Scripts Pharmacy Benefit Management (PBM) Product and Services
        7.2.4 Express Scripts Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.2.5 Express Scripts Recent Developments/Updates
        7.2.6 Express Scripts Competitive Strengths & Weaknesses
    7.3 OptumRx (UnitedHealth)
        7.3.1 OptumRx (UnitedHealth) Details
        7.3.2 OptumRx (UnitedHealth) Major Business
        7.3.3 OptumRx (UnitedHealth) Pharmacy Benefit Management (PBM) Product and Services
        7.3.4 OptumRx (UnitedHealth) Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.3.5 OptumRx (UnitedHealth) Recent Developments/Updates
        7.3.6 OptumRx (UnitedHealth) Competitive Strengths & Weaknesses
    7.4 Humana Pharmacy Solutions
        7.4.1 Humana Pharmacy Solutions Details
        7.4.2 Humana Pharmacy Solutions Major Business
        7.4.3 Humana Pharmacy Solutions Pharmacy Benefit Management (PBM) Product and Services
        7.4.4 Humana Pharmacy Solutions Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.4.5 Humana Pharmacy Solutions Recent Developments/Updates
        7.4.6 Humana Pharmacy Solutions Competitive Strengths & Weaknesses
    7.5 Prime Therapeutics
        7.5.1 Prime Therapeutics Details
        7.5.2 Prime Therapeutics Major Business
        7.5.3 Prime Therapeutics Pharmacy Benefit Management (PBM) Product and Services
        7.5.4 Prime Therapeutics Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.5.5 Prime Therapeutics Recent Developments/Updates
        7.5.6 Prime Therapeutics Competitive Strengths & Weaknesses
    7.6 Medimpact Healthcare
        7.6.1 Medimpact Healthcare Details
        7.6.2 Medimpact Healthcare Major Business
        7.6.3 Medimpact Healthcare Pharmacy Benefit Management (PBM) Product and Services
        7.6.4 Medimpact Healthcare Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.6.5 Medimpact Healthcare Recent Developments/Updates
        7.6.6 Medimpact Healthcare Competitive Strengths & Weaknesses
    7.7 Magellan Health
        7.7.1 Magellan Health Details
        7.7.2 Magellan Health Major Business
        7.7.3 Magellan Health Pharmacy Benefit Management (PBM) Product and Services
        7.7.4 Magellan Health Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.7.5 Magellan Health Recent Developments/Updates
        7.7.6 Magellan Health Competitive Strengths & Weaknesses
    7.8 BC/BS
        7.8.1 BC/BS Details
        7.8.2 BC/BS Major Business
        7.8.3 BC/BS Pharmacy Benefit Management (PBM) Product and Services
        7.8.4 BC/BS Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.8.5 BC/BS Recent Developments/Updates
        7.8.6 BC/BS Competitive Strengths & Weaknesses
    7.9 Vidalink
        7.9.1 Vidalink Details
        7.9.2 Vidalink Major Business
        7.9.3 Vidalink Pharmacy Benefit Management (PBM) Product and Services
        7.9.4 Vidalink Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.9.5 Vidalink Recent Developments/Updates
        7.9.6 Vidalink Competitive Strengths & Weaknesses
    7.10 Sea Rainbow
        7.10.1 Sea Rainbow Details
        7.10.2 Sea Rainbow Major Business
        7.10.3 Sea Rainbow Pharmacy Benefit Management (PBM) Product and Services
        7.10.4 Sea Rainbow Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.10.5 Sea Rainbow Recent Developments/Updates
        7.10.6 Sea Rainbow Competitive Strengths & Weaknesses
    7.11 Cachet
        7.11.1 Cachet Details
        7.11.2 Cachet Major Business
        7.11.3 Cachet Pharmacy Benefit Management (PBM) Product and Services
        7.11.4 Cachet Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.11.5 Cachet Recent Developments/Updates
        7.11.6 Cachet Competitive Strengths & Weaknesses
    7.12 CRHMS
        7.12.1 CRHMS Details
        7.12.2 CRHMS Major Business
        7.12.3 CRHMS Pharmacy Benefit Management (PBM) Product and Services
        7.12.4 CRHMS Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024)
        7.12.5 CRHMS Recent Developments/Updates
        7.12.6 CRHMS Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Pharmacy Benefit Management (PBM) Industry Chain
    8.2 Pharmacy Benefit Management (PBM) Upstream Analysis
    8.3 Pharmacy Benefit Management (PBM) Midstream Analysis
    8.4 Pharmacy Benefit Management (PBM) Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Pharmacy Benefit Management (PBM) Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
    Table 2. World Pharmacy Benefit Management (PBM) Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
    Table 3. World Pharmacy Benefit Management (PBM) Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
    Table 4. World Pharmacy Benefit Management (PBM) Revenue Market Share by Region (2019-2024), (by Headquarter Location)
    Table 5. World Pharmacy Benefit Management (PBM) Revenue Market Share by Region (2025-2030), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Pharmacy Benefit Management (PBM) Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
    Table 8. World Pharmacy Benefit Management (PBM) Consumption Value by Region (2019-2024) & (USD Million)
    Table 9. World Pharmacy Benefit Management (PBM) Consumption Value Forecast by Region (2025-2030) & (USD Million)
    Table 10. World Pharmacy Benefit Management (PBM) Revenue by Player (2019-2024) & (USD Million)
    Table 11. Revenue Market Share of Key Pharmacy Benefit Management (PBM) Players in 2023
    Table 12. World Pharmacy Benefit Management (PBM) Industry Rank of Major Player, Based on Revenue in 2023
    Table 13. Global Pharmacy Benefit Management (PBM) Company Evaluation Quadrant
    Table 14. Head Office of Key Pharmacy Benefit Management (PBM) Player
    Table 15. Pharmacy Benefit Management (PBM) Market: Company Product Type Footprint
    Table 16. Pharmacy Benefit Management (PBM) Market: Company Product Application Footprint
    Table 17. Pharmacy Benefit Management (PBM) Mergers & Acquisitions Activity
    Table 18. United States VS China Pharmacy Benefit Management (PBM) Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 19. United States VS China Pharmacy Benefit Management (PBM) Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 20. United States Based Pharmacy Benefit Management (PBM) Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Pharmacy Benefit Management (PBM) Revenue, (2019-2024) & (USD Million)
    Table 22. United States Based Companies Pharmacy Benefit Management (PBM) Revenue Market Share (2019-2024)
    Table 23. China Based Pharmacy Benefit Management (PBM) Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Pharmacy Benefit Management (PBM) Revenue, (2019-2024) & (USD Million)
    Table 25. China Based Companies Pharmacy Benefit Management (PBM) Revenue Market Share (2019-2024)
    Table 26. Rest of World Based Pharmacy Benefit Management (PBM) Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Pharmacy Benefit Management (PBM) Revenue, (2019-2024) & (USD Million)
    Table 28. Rest of World Based Companies Pharmacy Benefit Management (PBM) Revenue Market Share (2019-2024)
    Table 29. World Pharmacy Benefit Management (PBM) Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Table 30. World Pharmacy Benefit Management (PBM) Market Size by Type (2019-2024) & (USD Million)
    Table 31. World Pharmacy Benefit Management (PBM) Market Size by Type (2025-2030) & (USD Million)
    Table 32. World Pharmacy Benefit Management (PBM) Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Table 33. World Pharmacy Benefit Management (PBM) Market Size by Application (2019-2024) & (USD Million)
    Table 34. World Pharmacy Benefit Management (PBM) Market Size by Application (2025-2030) & (USD Million)
    Table 35. CVS Health (CVS) Basic Information, Area Served and Competitors
    Table 36. CVS Health (CVS) Major Business
    Table 37. CVS Health (CVS) Pharmacy Benefit Management (PBM) Product and Services
    Table 38. CVS Health (CVS) Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 39. CVS Health (CVS) Recent Developments/Updates
    Table 40. CVS Health (CVS) Competitive Strengths & Weaknesses
    Table 41. Express Scripts Basic Information, Area Served and Competitors
    Table 42. Express Scripts Major Business
    Table 43. Express Scripts Pharmacy Benefit Management (PBM) Product and Services
    Table 44. Express Scripts Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 45. Express Scripts Recent Developments/Updates
    Table 46. Express Scripts Competitive Strengths & Weaknesses
    Table 47. OptumRx (UnitedHealth) Basic Information, Area Served and Competitors
    Table 48. OptumRx (UnitedHealth) Major Business
    Table 49. OptumRx (UnitedHealth) Pharmacy Benefit Management (PBM) Product and Services
    Table 50. OptumRx (UnitedHealth) Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 51. OptumRx (UnitedHealth) Recent Developments/Updates
    Table 52. OptumRx (UnitedHealth) Competitive Strengths & Weaknesses
    Table 53. Humana Pharmacy Solutions Basic Information, Area Served and Competitors
    Table 54. Humana Pharmacy Solutions Major Business
    Table 55. Humana Pharmacy Solutions Pharmacy Benefit Management (PBM) Product and Services
    Table 56. Humana Pharmacy Solutions Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 57. Humana Pharmacy Solutions Recent Developments/Updates
    Table 58. Humana Pharmacy Solutions Competitive Strengths & Weaknesses
    Table 59. Prime Therapeutics Basic Information, Area Served and Competitors
    Table 60. Prime Therapeutics Major Business
    Table 61. Prime Therapeutics Pharmacy Benefit Management (PBM) Product and Services
    Table 62. Prime Therapeutics Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 63. Prime Therapeutics Recent Developments/Updates
    Table 64. Prime Therapeutics Competitive Strengths & Weaknesses
    Table 65. Medimpact Healthcare Basic Information, Area Served and Competitors
    Table 66. Medimpact Healthcare Major Business
    Table 67. Medimpact Healthcare Pharmacy Benefit Management (PBM) Product and Services
    Table 68. Medimpact Healthcare Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 69. Medimpact Healthcare Recent Developments/Updates
    Table 70. Medimpact Healthcare Competitive Strengths & Weaknesses
    Table 71. Magellan Health Basic Information, Area Served and Competitors
    Table 72. Magellan Health Major Business
    Table 73. Magellan Health Pharmacy Benefit Management (PBM) Product and Services
    Table 74. Magellan Health Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 75. Magellan Health Recent Developments/Updates
    Table 76. Magellan Health Competitive Strengths & Weaknesses
    Table 77. BC/BS Basic Information, Area Served and Competitors
    Table 78. BC/BS Major Business
    Table 79. BC/BS Pharmacy Benefit Management (PBM) Product and Services
    Table 80. BC/BS Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 81. BC/BS Recent Developments/Updates
    Table 82. BC/BS Competitive Strengths & Weaknesses
    Table 83. Vidalink Basic Information, Area Served and Competitors
    Table 84. Vidalink Major Business
    Table 85. Vidalink Pharmacy Benefit Management (PBM) Product and Services
    Table 86. Vidalink Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 87. Vidalink Recent Developments/Updates
    Table 88. Vidalink Competitive Strengths & Weaknesses
    Table 89. Sea Rainbow Basic Information, Area Served and Competitors
    Table 90. Sea Rainbow Major Business
    Table 91. Sea Rainbow Pharmacy Benefit Management (PBM) Product and Services
    Table 92. Sea Rainbow Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 93. Sea Rainbow Recent Developments/Updates
    Table 94. Sea Rainbow Competitive Strengths & Weaknesses
    Table 95. Cachet Basic Information, Area Served and Competitors
    Table 96. Cachet Major Business
    Table 97. Cachet Pharmacy Benefit Management (PBM) Product and Services
    Table 98. Cachet Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 99. Cachet Recent Developments/Updates
    Table 100. CRHMS Basic Information, Area Served and Competitors
    Table 101. CRHMS Major Business
    Table 102. CRHMS Pharmacy Benefit Management (PBM) Product and Services
    Table 103. CRHMS Pharmacy Benefit Management (PBM) Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 104. Global Key Players of Pharmacy Benefit Management (PBM) Upstream (Raw Materials)
    Table 105. Pharmacy Benefit Management (PBM) Typical Customers
List of Figure
    Figure 1. Pharmacy Benefit Management (PBM) Picture
    Figure 2. World Pharmacy Benefit Management (PBM) Total Market Size: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Pharmacy Benefit Management (PBM) Total Market Size (2019-2030) & (USD Million)
    Figure 4. World Pharmacy Benefit Management (PBM) Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
    Figure 5. World Pharmacy Benefit Management (PBM) Revenue Market Share by Region (2019-2030), (by Headquarter Location)
    Figure 6. United States Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 7. China Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 8. Europe Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 9. Japan Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 10. South Korea Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 11. ASEAN Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 12. India Based Company Pharmacy Benefit Management (PBM) Revenue (2019-2030) & (USD Million)
    Figure 13. Pharmacy Benefit Management (PBM) Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 16. World Pharmacy Benefit Management (PBM) Consumption Value Market Share by Region (2019-2030)
    Figure 17. United States Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 18. China Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 19. Europe Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 20. Japan Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 21. South Korea Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 22. ASEAN Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 23. India Pharmacy Benefit Management (PBM) Consumption Value (2019-2030) & (USD Million)
    Figure 24. Producer Shipments of Pharmacy Benefit Management (PBM) by Player Revenue ($MM) and Market Share (%): 2023
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Pharmacy Benefit Management (PBM) Markets in 2023
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Pharmacy Benefit Management (PBM) Markets in 2023
    Figure 27. United States VS China: Pharmacy Benefit Management (PBM) Revenue Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Pharmacy Benefit Management (PBM) Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. World Pharmacy Benefit Management (PBM) Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Figure 30. World Pharmacy Benefit Management (PBM) Market Size Market Share by Type in 2023
    Figure 31. Government
    Figure 32. Non-Government
    Figure 33. World Pharmacy Benefit Management (PBM) Market Size Market Share by Type (2019-2030)
    Figure 34. World Pharmacy Benefit Management (PBM) Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Figure 35. World Pharmacy Benefit Management (PBM) Market Size Market Share by Application in 2023
    Figure 36. Mail-order Pharmacy Services
    Figure 37. Non-mail Pharmacy Services
    Figure 38. Pharmacy Benefit Management (PBM) Industrial Chain
    Figure 39. Methodology
    Figure 40. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

CVS Health (CVS)
Express Scripts
OptumRx (UnitedHealth)
Humana Pharmacy Solutions
Prime Therapeutics
Medimpact Healthcare
Magellan Health
BC/BS
Vidalink
Sea Rainbow
Cachet
CRHMS

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Global Pharmacy Benefit Management (PBM) Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Pharmacy Benefit Management (PBM) Market 2023 by Company, Regions, Type and Application, Forecast to 2029

date 18 Mar 2023

date Medical Devices & Consumables

The term pharmacy benefit management (PBM) industry refers to a group of companies that serve as the middlemen between insurance companies, pharmacies, and drug manufacturers. PBMs are responsible for securing lower drug costs for insurers and insurance companies. They accomplish this by negotiating with pharmacies and drug manufacturers. The discounts are then passed onto insurance companies. Profits are generated through the slight up-charging of drugs or retaining portions of rebates.

Global Pharmacy Benefit Management (PBM) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Pharmacy Benefit Management (PBM) Market 2024 by Company, Regions, Type and Application, Forecast to 2030

date 02 Jan 2024

date Medical Devices & Consumables

According to our (Global Info Research) latest study, the global Pharmacy Benefit Management (PBM) market size was valued at USD 484140 million in 2023 and is forecast to a readjusted size of USD 702170 million by 2030 with a CAGR of 5.5% during review period.

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