Pharmacy Benefit Management - IBISWorld Industry Market Research

Pharmacy Benefit Management

Pharmacy Benefit Management - IBISWorld Industry Market Research
Pharmacy Benefit Management
Published Sep 03, 2014
34 pages — Published Sep 03, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


Rising drug costs, higher consumer spending on healthcare and increasing prescription drug use drove up revenue for the Pharmacy Benefit Management industry over the five years to 2014. Rising drug costs caused health plan sponsors to increasingly turn to PBMs for cost management services. In turn, this trend drove industry operators to consolidate to better leverage larger retail pharmacies, customer networks and drug use data to negotiate better cost savings with drug manufacturers. Growth prospects for PBMs are strong. IBISWorld projects that industry revenue will expand steadily over the five years to 2019.

This industry includes firms that provide pharmacy benefit management services. Industry firms are third-party administrators of government and employer-sponsored prescription drug programs. They are primarily responsible for processing and paying prescription drug claims.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

Document ID
Report Type
US Special Collection
PDF Adobe Acrobat
Buy Now

IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

About the Author

Cite this Report

IBISWorld Industry Market Research. "Pharmacy Benefit Management" Sep 03, 2014. Alacra Store. Oct 27, 2016. <>
IBISWorld Industry Market Research. (2014). Pharmacy Benefit Management Sep 03, 2014. New York, NY: Alacra Store. Retrieved Oct 27, 2016 from <>
US$ 910.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.