DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "The US Pharmacy Benefit Management (PBM) Market: Industry Analysis & Outlook (2016-2020)" report to their offering.
The pharmaceutical industry is growing at a rapid pace and the competition is growing fierce. The PBM market share is occupied by few players and it is expected that in the near future many companies will strive to acquire the share. The PBM industry has become more concentrated over the last decade through a series of mergers and acquisitions.
As per the report, the demand for PBM market will be driven by increase in ageing population, increase in healthcare expenditure, improving economic conditions, increase in Life expectancy rate and rising use of drugs.
Some of the noteworthy trends and developments of this industry are increasing trend towards consumerism, increasing trend of specialty drugs, increase in the medical enrollments, rising prevalence of narrow network, growth in retail prescriptions, mail order penetration and claims, increasing mix of insured individuals and drug prices trend. However, the expansion of the US PBM market is hindered by high cost of drugs, reimbursement rate pressure and legal regulations.
The report presents an in-depth analysis of the US market. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.
- CVS Health
- Express Scripts
Key Topics Covered:
1. PBM Overview
2. Global Pharmaceutical Market Analysis
3. The US Pharmaceutical Market Analysis
4. Market Dynamics
5. Competitive Landscape
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/6fbnvg/the_us_pharmacy