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Global Pharmacy Benefit Management (PBM) Market 2025 by Company, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Jun 18, 2025
Length 112 Pages
SKU # GFSH20109320

Description

According to our (Global Info Research) latest study, the global Pharmacy Benefit Management (PBM) market size was valued at US$ 530240 million in 2024 and is forecast to a readjusted size of USD 771510 million by 2031 with a CAGR of 5.6% during review period.

The term pharmacy benefit management (PBM) industry refers to a group of companies that serve as the middlemen between insurance companies, pharmacies, and drug manufacturers. PBMs are responsible for securing lower drug costs for insurers and insurance companies. They accomplish this by negotiating with pharmacies and drug manufacturers. The discounts are then passed onto insurance companies. Profits are generated through the slight up-charging of drugs or retaining portions of rebates.

Three major PBMs maufacturters include Express Scripts, CVS Health, and OptumRx, which comprise 75% of the market.

America is enjoying the largest market share of pharmacy benefit management (PBM), with a market share nearly 97%. EU is the second place, enjoying market share nearly 2%.In terms of product, government is the largest segment, with a share over 70%. And in terms of application, the largest application is non-mail pharmacy services, followed by mail-order pharmacy services.

This report is a detailed and comprehensive analysis for global Pharmacy Benefit Management (PBM) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Pharmacy Benefit Management (PBM) market size and forecasts, in consumption value ($ Million), 2020-2031

Global Pharmacy Benefit Management (PBM) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Pharmacy Benefit Management (PBM) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Pharmacy Benefit Management (PBM) market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Pharmacy Benefit Management (PBM)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Pharmacy Benefit Management (PBM) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include CVS Health (CVS), Express Scripts, OptumRx (UnitedHealth), Humana Pharmacy Solutions, Prime Therapeutics, Medimpact Healthcare, Magellan Health, BC/BS, Vidalink, Sea Rainbow, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Pharmacy Benefit Management (PBM) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Government
Non-Government

Market segment by Application
Mail-order Pharmacy Services
Non-mail Pharmacy Services

Market segment by players, this report covers
CVS Health (CVS)
Express Scripts
OptumRx (UnitedHealth)
Humana Pharmacy Solutions
Prime Therapeutics
Medimpact Healthcare
Magellan Health
BC/BS
Vidalink
Sea Rainbow
Cachet
CRHMS

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Pharmacy Benefit Management (PBM) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Pharmacy Benefit Management (PBM), with revenue, gross margin, and global market share of Pharmacy Benefit Management (PBM) from 2020 to 2025.

Chapter 3, the Pharmacy Benefit Management (PBM) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Pharmacy Benefit Management (PBM) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Pharmacy Benefit Management (PBM).

Chapter 13, to describe Pharmacy Benefit Management (PBM) research findings and conclusion.

Table of Contents

112 Pages
1 Market Overview
2 Company Profiles
3 Market Competition, by Players
4 Market Size Segment by Type
5 Market Size Segment by Application
6 North America
7 Europe
8 Asia-Pacific
9 South America
10 Middle East & Africa
11 Market Dynamics
12 Industry Chain Analysis
13 Research Findings and Conclusion
14 Appendix
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