DUBLIN, Aug 4, 2022 /PRNewswire/ — The report “Global Pharmacy Benefit Management Market (2022-2027) by Service, Business Model, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” has been added to ResearchAndMarkets.com’s offer.
The Global Pharmacy Benefit Management Market is estimated at: $466.7 billion in 2022 and is expected to USD 618.68 Billion by 2027, growing at a CAGR of 5.8%.
Market segmentsThe Global Pharmacy Benefit Management market is segmented on the basis of service, business model, end user and geography.
By service, the market is divided into Specialty Pharmacy Services, Drug Formulary Management, Benefit Plan Design and Consultation, Mail Order Service and Other Services.
By business model, the market is divided into government health programs, employer-sponsored programs, and health insurance management.
Per end user, the market is divided into Pharmacy Benefit Management Organization, Mail Order Pharmacies, Retail Pharmacies, Intramural Pharmacies and Outpatient Pharmacies.
By geography, the market is divided into America, Europe, Middle East & Africa and Asia-Pacific.
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses several factors to divide the players into four categories. Some of these factors to consider for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.
The report presents a detailed Ansoff Matrix Analysis for the Global Pharmacy Benefit Management Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for business growth. The matrix can be used to evaluate approaches in four strategies viz. Market development, market penetration, product development and diversification. The matrix is also used for risk analysis to understand the risk of each approach. The analyst analyzes the use of the Ansoff matrix to provide the best approaches a company can take to improve its market position. Based on the SWOT analysis conducted on the industry and industry players, the analyst has come up with suitable market growth strategies.
Gaps in information and care in healthcare
Growth in FDA approvals for orphan and specialty drugs
Prevalence of Fraud, Waste and Abuse in Healthcare
Shift to individualized drugs
Dive into digital health solutions
Get away from a self-contained mentality
Increased involvement in high-touch care management
Main topics covered:
1 Report Description
2 Research methodology
4 Market dynamics
5 Market analysis
6 Global Pharmacy Benefit Management Market, by Service
7 Global Pharmacy Benefit Management Market, By Business Model
8 Global Pharmacy Benefit Management Market, by End User
9 Americas’ Pharmacy Benefit Management Market
10 Europes Pharmacy Benefit Management Market
11 Middle East and Africas Pharmacy Benefit Management Market
12 APAC’s Pharmacy Benefit Management Market
13 Competitive Landscape
14 company profiles
For more information on this report, please visit https://www.researchandmarkets.com/r/h091d3
Research and markets
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SOURCE Research and markets