Pharmacy Benefit Management Market Report by Service (Specialty Pharmacy Services, Drug Formulary Management, Retail Pharmacy Services, Benefit Plan Design and Consultation, Disease Management Services, and Others), Business Model (Health Insurance Management, Standalone PBMs, Retail Pharmacy), End Use (Federal, Commercial), and Region 2024-2032

Pharmacy Benefit Management Market Report by Service (Specialty Pharmacy Services, Drug Formulary Management, Retail Pharmacy Services, Benefit Plan Design and Consultation, Disease Management Services, and Others), Business Model (Health Insurance Management, Standalone PBMs, Retail Pharmacy), End Use (Federal, Commercial), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3086
Buy Now

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Pharmacy Benefit Management Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Service
    6.1    Specialty Pharmacy Services
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Drug Formulary Management
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Retail Pharmacy Services
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Benefit Plan Design and Consultation
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Disease Management Services
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by Business Model
    7.1    Health Insurance Management
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Standalone PBMs
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Retail Pharmacy
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by End Use
    8.1    Federal
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast 
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Europe
        9.2.1 Germany
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 France
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 United Kingdom
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 Italy
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Spain
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Others
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
    9.3    Asia Pacific
        9.3.1 China
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 Japan
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 India
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Australia
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Others
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Saudi Arabia
           9.5.1.1 Market Trends
           9.5.1.2 Market Forecast
        9.5.2 South Africa
           9.5.2.1 Market Trends
           9.5.2.2 Market Forecast
        9.5.3 United Arab Emirates
           9.5.3.1 Market Trends
           9.5.3.2 Market Forecast
        9.5.4 Others
           9.5.4.1 Market Trends
           9.5.4.2 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11   Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Aetna, Inc.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Centene Corporation
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    Cigna Corporation
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    CVS Health Corporation
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    Express Scripts Holding Company
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
           13.3.5.3 Financials
        13.3.6    Magellan Health, Inc.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Medimpact Healthcare Systems, Inc.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Optumrx, Inc.
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Prime Therapeutics LLC
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    ProCare Rx
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
        13.3.11    SS&c Technologies, Inc.
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
           13.3.11.3 Financials

List of Figures

Figure 1: Global: Pharmacy Benefit Management Market: Major Drivers and Challenges
Figure 2: Global: Pharmacy Benefit Management Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Pharmacy Benefit Management Market: Breakup by Service (in %), 2023
Figure 4: Global: Pharmacy Benefit Management Market: Breakup by Business Model (in %), 2023
Figure 5: Global: Pharmacy Benefit Management Market: Breakup by End Use (in %), 2023
Figure 6: Global: Pharmacy Benefit Management Market: Breakup by Region (in %), 2023
Figure 7: Global: Pharmacy Benefit Management Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 8: Global: Pharmacy Benefit Management (Specialty Pharmacy Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Pharmacy Benefit Management (Specialty Pharmacy Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Pharmacy Benefit Management (Drug Formulary Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Pharmacy Benefit Management (Drug Formulary Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Pharmacy Benefit Management (Retail Pharmacy Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Pharmacy Benefit Management (Retail Pharmacy Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Pharmacy Benefit Management (Benefit Plan Design and Consultation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Pharmacy Benefit Management (Benefit Plan Design and Consultation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Pharmacy Benefit Management (Disease Management Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Pharmacy Benefit Management (Disease Management Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Pharmacy Benefit Management (Other Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Pharmacy Benefit Management (Other Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Pharmacy Benefit Management (Health Insurance Management) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Pharmacy Benefit Management (Health Insurance Management) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Pharmacy Benefit Management (Standalone PBMs) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Pharmacy Benefit Management (Standalone PBMs) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Pharmacy Benefit Management (Retail Pharmacy) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Pharmacy Benefit Management (Retail Pharmacy) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Pharmacy Benefit Management (Federal) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Pharmacy Benefit Management (Federal) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Pharmacy Benefit Management (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Pharmacy Benefit Management (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Europe: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Europe: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Germany: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Germany: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: France: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: France: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: United Kingdom: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: United Kingdom: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Italy: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Italy: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Spain: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Spain: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Others: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Others: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Asia Pacific: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Asia Pacific: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: China: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: China: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Japan: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Japan: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: India: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: India: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Australia: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Australia: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Others: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Others: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Latin America: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Latin America: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Brazil: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Brazil: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Mexico: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Mexico: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Others: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Others: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Middle East and Africa: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Middle East and Africa: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Saudi Arabia: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Saudi Arabia: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: South Africa: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: South Africa: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: United Arab Emirates: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: United Arab Emirates: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 78: Others: Pharmacy Benefit Management Market: Sales Value (in Million US$), 2018 & 2023
Figure 79: Others: Pharmacy Benefit Management Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 80: Global: Pharmacy Benefit Management Industry: SWOT Analysis
Figure 81: Global: Pharmacy Benefit Management Industry: Value Chain Analysis
Figure 82: Global: Pharmacy Benefit Management Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Pharmacy Benefit Management Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Pharmacy Benefit Management Market Forecast: Breakup by Service (in Million US$), 2024-2032                                                      
Table 3: Global: Pharmacy Benefit Management Market Forecast: Breakup by Business Model (in Million US$), 2024-2032
Table 4: Global: Pharmacy Benefit Management Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 5: Global: Pharmacy Benefit Management Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Pharmacy Benefit Management Market: Competitive Structure
Table 7: Global: Pharmacy Benefit Management Market: Key Players

Pharmacy Benefit Management Market Report by Service (Specialty Pharmacy Services, Drug Formulary Management, Retail Pharmacy Services, Benefit Plan Design and Consultation, Disease Management Services, and Others), Business Model (Health Insurance Management, Standalone PBMs, Retail Pharmacy), End Use (Federal, Commercial), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More