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Pharmacy Benefit Management Market Size & Share, by Service (Specialty Pharmacy Services, Drug Formulary Management, Benefit Plan Design & Consultation, Other Services); Business Model (Government Health Programs, Employer-Sponsored Programs, Health Insurance Management); End-user (Pharmacy Benefit Management Organization, Mail Order, Retail, Inpatient, Outpatient Pharmacies) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4547
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Companies Dominating the Pharmacy Benefit Management Landscape

top-features-companies
    • CVBS Health Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • SS&C Technologies Holdings Inc.
    • UnitedHealth Group
    • Rite Aid Corporation
    • Express Scripts Holding Company
    • Benecard Services, LLC.
    • CAPTURERX LLC
    • Change Healthcare
    • Anthem Insurance Companies, Inc. 
    • ProCare Rx
Browse Key Market Insights with Data Illustration:

In the News

  • CVS Health Corporation designed a Vendor Benefit Management service to help the customers of CVS Caremark Pharmacy Benefit Management and announced its availability to manage, contract, and implement their choice of health benefit solutions in the digital and non-digital platforms.

  • Rite Aid Corporation’s subsidiary Elixir announced the introduction of a specialty generic enhancement to the clients of copay solutions to provide them with specific specialty medications at USD 0 copay to save USD 40,000 every year.

 


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4547
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Surge in the need to reduce medication errors and the rising regionalization of pharmacies are the major factors driving the growth of the pharmacy benefit management market.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023 – 2033.

Stringent government regulations and no transparency in the earnings are the challenges affecting the market growth.

The market in North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are CVS Health Corporation, SS&C Technologies Holdings Inc., UnitedHealth Group, Rite Aid Corporation, Express Scripts Holding Company, Benecard Services, LLC., CaptureRx Inc., Change Healthcare, Anthem Insurance Companies Inc., Procare Rx.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by service, business model, end-user, and by region.

The specialty pharmacy services segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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