Pharmaceutical drug prices continue soaring up and contribute significantly to total healthcare expenditure worldwide. The cost of drugs has risen more than any of the healthcare expenditure. According to Milliman, an actuarial and consulting firm, prescription drug costs increased from 13.2% in 2001 to nearly 15.9% of the overall health spending for a family of four in 2015. Rising drug prices and increasing consumer spending on prescription drugs drives demand for pharmacy benefit managers ... Read more
The U.S. Pharmacy Benefits Management Market size is projected to reach USD 744.6 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 9.2% during the forecast period. Increasing vertical integration of ... Read more
Pharmaceutical drug prices continue soaring up and contribute significantly to total healthcare expenditure worldwide. The cost of drugs has risen more than any of the healthcare expenditure. According to Milliman, an actuarial and consulting firm, prescription drug costs increased from 13.2% in 2001 to nearly 15.9% of the overall health spending for a family of four in 2015. Rising drug prices and increasing consumer spending on prescription drugs drives demand for pharmacy benefit managers ... Read more
The global Pharmacy Benefit Management (PBM) Market is estimated to be valued at USD 468.38 billion in 2021 and is expected to exhibit a CAGR of 5.9% over the forecast period 2022-2029, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Pharmacy Benefit Management market involves the management of prescription benefits for various health ... Read more
The Pharmacy Benefit Management (PBM) Market is estimated to be valued at US$ 557.93 billion in 2023 and is expected to exhibit a CAGR of 5.64% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Pharmacy Benefit Management (PBM) market involves the administration and management of prescription drug benefits for ... Read more
The Pharmacy Benefit Management Market is estimated to be valued at US$ 858.38 Bn in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
The Pharmacy Benefit Management Market involves managing prescription drug benefits in terms of cost, utilization, ... Read more
