Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC 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
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
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: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
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
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
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.webp)
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
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
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
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
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.webp){kind=logo}
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
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
IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.
Read More
I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested
Read More
Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.
Read More
The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.
Read More
I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you
Read More
The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.
Read More
One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.
Read More
We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.
Read More
The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.
Read More
The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.
Read More
The report is excellent and has good amount of data and our team is extremely happy with the information provided.
Read More
Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.
Read More