Healthcare

Pharmacy Benefit Management Market 2023 – Industry Size, Growth, Share, Top Key Players | CVS Health, Cigna, OptumRx Inc., Anthem Inc., Centene Corporation

The Business Research Company’s Pharmacy Benefit Management Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Pharmacy Benefit Management Global Market Report 2023 evaluates pharmacy benefit management market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pharmacy benefit management market size is expected to grow to $764.8 billion in 2027 at a CAGR of 7.2%.

The pharmacy benefit management market segments in the report are:

1) Pharmacy Benefit Management Market By Services:
Mail-Delivery
Specialty Pharmacy
Preferred Network Pharmacy

2) Pharmacy Benefit Management Market By Type:
Commercial Health Plans
Self-Insured Employer Plans
Medicare Part D Plans
Federal Employees Health Benefits Program

3) Pharmacy Benefit Management Market By End User:
Pharmacy Benefit Management Organization
Mail Order Pharmacies
Retail Pharmacies
Inpatient Pharmacies
Outpatient Pharmacies

Top Major Players:

CVS Health
Cigna
OptumRx Inc.
Anthem Inc.
Centene Corporation

North America was the largest region in the pharmacy benefit management market in 2022.

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The table of contents in TBRC’s pharmacy benefit management market report includes:

Executive Summary
Pharmacy Benefit Management Market Characteristics
Pharmacy Benefit Management Market Trends And Strategies
Pharmacy Benefit Management Market – Macro Economic Scenario
Pharmacy Benefit Management Market Size And Growth

…..

Africa Pharmacy Benefit Management Market
Pharmacy Benefit Management Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Pharmacy Benefit Management Market
Pharmacy Benefit Management Market Future Outlook and Potential Analysis
Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Pharmacy Benefit Management Market, Segmentation By Services, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Pharmacy Benefit Management Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Pharmacy Benefit Management Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

…………

Table 46: CVS Health Financial Performance

Table 47: Cigna Financial Performance

Table 48: OptumRx Inc Financial Performance

Table 49: Anthem Inc Financial Performance

Table 50: Centene Corporation Financial Performance

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