(PharmaNewsWire.Com, August 16, 2018 ) The Global Pharmacy Benefit Management (PBM) Market is Valued at 356500 million US$ in 2017 and will reach 580300 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2018-2025.
USA region is enjoying the largest market share of Pharmacy Benefit Management (PBM), with a market share nearly 97% in 2017. EU is the second place of Pharmacy Benefit Management (PBM), enjoying market share nearly 2% in 2017.
The PBM market has always been dominated by a handful of large players. In 2007, CVS' merger with Caremark Rx to form CVS Caremark, now CVS Health CVS, had a huge impact on the functions and scope of PBMs. Again, CVS Health announced a historic decision to acquire health insurance giant Aetna AET.
Companies profiled in this report are Cvs Health (Cvs), Express Scripts, Optumrx (Unitedhealth), Humana Pharmacy Solutions, Prime Therapeutics, Medimpact Healthcare, Magellan Health, Bc/Bs, Vidalink, Sea Rainbow, Cachet and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into • Network-Pharmacy Claims Processing • Home Delivery Pharmacy Care • Specialty Pharmacy Care • Specialty Benefit Management • Benefit-Design Consultation • Drug Utilization Review • Formulary Management • Medical & Drug Data Analysis Services • Other
Analysis by Applications, this report focuses on consumption, market share and growth rate of Pharmacy Benefit Management (PBM) in each application, can be divided into • Mail-order Pharmacy Services • Non-mail Pharmacy Services
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