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Pharmacy Benefit Manager Software Market by Type (Integrated, Standalone), Operataion (Benefit Plan Design & Consultation, Drug Formulary Management, Retail Pharmacy Services), End-User, Deployment - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 180 Pages
SKU # IRE18448934

Description

Pharmacy Benefit Manager Software Market by Type (Integrated, Standalone), Operataion (Benefit Plan Design & Consultation, Drug Formulary Management, Retail Pharmacy Services), End-User, Deployment - Global Forecast 2024-2030


The Pharmacy Benefit Manager Software Market size was estimated at USD 1.66 billion in 2023 and expected to reach USD 1.90 billion in 2024, at a CAGR 14.61% to reach USD 4.33 billion by 2030.

Global Pharmacy Benefit Manager Software Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Pharmacy Benefit Manager Software Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Pharmacy Benefit Manager Software Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Pharmacy Benefit Manager Software Market, highlighting leading vendors and their innovative profiles. These include Anthem Insurance Companies, Inc., Benecard Services, LLC, BioScrip, Inc., Cachet Pharmaceuticals Private Limited, CaptureRx, Change Healthcare, Inc., CVS Health Corporation, Elixir Rx Solutions LLC, Express Scripts Holding Company, HUB International Limited, Magellan Health, Inc., MedImpact Healthcare Systems, Inc., Prime Therapeutics LLC, Rite Aid Corporation, SS&C Technologies Holdings, Inc., and UnitedHealth Group Incorporated.

Market Segmentation & Coverage

This research report categorizes the Pharmacy Benefit Manager Software Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Integrated
Standalone
Operataion
Benefit Plan Design & Consultation
Drug Formulary Management
Retail Pharmacy Services
Specialty Pharmacy Services
End-User
Government
Insurance Providers
Patient
Pharmacy
Deployment
On-Cloud
On-Premise
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Pharmacy Benefit Manager Software Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Pharmacy Benefit Manager Software Market?
3. What are the technology trends and regulatory frameworks in the Pharmacy Benefit Manager Software Market?
4. What is the market share of the leading vendors in the Pharmacy Benefit Manager Software Market?
5. Which modes and strategic moves are suitable for entering the Pharmacy Benefit Manager Software Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

180 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Pharmacy Benefit Manager Software Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need to improves patient’s safety by avoiding the health risks associated with medication use
5.1.1.2. Improves the adherence to drug prescription reasoning and adaptation of drug formulations
5.1.1.3. Need to supports health professionals by providing the scientific evidence to improve the medication management
5.1.2. Restraints
5.1.2.1. Stringent regulations to cut back rebates
5.1.3. Opportunities
5.1.3.1. Rise in Value-based contracts with Pharma manufacturers
5.1.3.2. Big e-commerce vendors pharmacy distribution and reimbursement market
5.1.4. Challenges
5.1.4.1. Legal uncertainty surrounds the PBM industry
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Pharmacy Benefit Manager Software Market, by Type
6.1. Introduction
6.2. Integrated
6.3. Standalone
7. Pharmacy Benefit Manager Software Market, by Operataion
7.1. Introduction
7.2. Benefit Plan Design & Consultation
7.3. Drug Formulary Management
7.4. Retail Pharmacy Services
7.5. Specialty Pharmacy Services
8. Pharmacy Benefit Manager Software Market, by End-User
8.1. Introduction
8.2. Government
8.3. Insurance Providers
8.4. Patient
8.5. Pharmacy
9. Pharmacy Benefit Manager Software Market, by Deployment
9.1. Introduction
9.2. On-Cloud
9.3. On-Premise
10. Americas Pharmacy Benefit Manager Software Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Pharmacy Benefit Manager Software Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Pharmacy Benefit Manager Software Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Anthem Insurance Companies, Inc.
14.1.2. Benecard Services, LLC
14.1.3. BioScrip, Inc.
14.1.4. Cachet Pharmaceuticals Private Limited
14.1.5. CaptureRx
14.1.6. Change Healthcare, Inc.
14.1.7. CVS Health Corporation
14.1.8. Elixir Rx Solutions LLC
14.1.9. Express Scripts Holding Company
14.1.10. HUB International Limited
14.1.11. Magellan Health, Inc.
14.1.12. MedImpact Healthcare Systems, Inc.
14.1.13. Prime Therapeutics LLC
14.1.14. Rite Aid Corporation
14.1.15. SS&C Technologies Holdings, Inc.
14.1.16. UnitedHealth Group Incorporated
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. PHARMACY BENEFIT MANAGER SOFTWARE MARKET RESEARCH PROCESS
FIGURE 2. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, 2023 VS 2030
FIGURE 3. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PHARMACY BENEFIT MANAGER SOFTWARE MARKET DYNAMICS
FIGURE 7. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY OPERATAION, 2023 VS 2030 (%)
FIGURE 10. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY OPERATAION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 14. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA PHARMACY BENEFIT MANAGER SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. PHARMACY BENEFIT MANAGER SOFTWARE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. PHARMACY BENEFIT MANAGER SOFTWARE MARKET SHARE, BY KEY PLAYER, 2023

Pricing

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