Bangalore, India -- (SBWire) -- 01/31/2018 --Pharmacy Benefit Management are responsible for processing prescriptions and claims for people or corporations that wish to provide insurance to their employees. The primary role of a PBM is to keep drug prices in control. This is achieved by negotiating a fair price, which consumers can afford, and is mutually agreed upon by the pharmacy, the manufacturer, and the insurance company.
The global pharmacy benefit management market is a key segment of the global healthcare market. PBMs mediate between the key stakeholders in the healthcare system. As a concept, pharmacy benefit management originated in the US and has been adopted across the globe.
Report forecast the global pharmacy benefit management market to grow at a CAGR of 6.14% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global pharmacy benefit management market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global Pharmacy Benefit Management Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Aetna
- Cigna
- CVS Health
- Express Scripts
- UnitedHealth
Other prominent vendors
- Anthem
- Centene
- China Jo-Jo Drugstore
- DST Systems
- Humana
- Kaiser Permanente
- Magellan Health
- McKesson
- MedImpact
- OmedaRx
- Prime Rx Pharmacy
- Prime Therapeutics
- Rite Aid
- RxSolutions
- Vidalink
- Walgreens Boots Alliance
Market driver
- Increasing global healthcare expenditure
- For a full, detailed list, view our report
Market challenge
- Unclear revenue models
- For a full, detailed list, view our report
Market trend
- Disruption of key M&A
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 119 pages "Global Pharmacy Benefit Management Market 2017 - 2021" report covers Executive Summary, Scope Of The Report, Research Methodology, Introduction, Market Landscape, Market Sizing, Five Forces Analysis, Customer Landscape, Segmentation By Type Of Service, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.
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