Drugs that treat autoimmune conditions are growing at the fastest rate in commercial health plans. (Photo: Shutterstock.com)
A new report finds that the pharmacy benefit management market is likely to grow at a compound annual growth rate of more than 7% over the next five years.
The report, "Pharmacy Benefit Management Market in US – Industry Outlook and Forecast 2020-2025," discusses several factors likely to contribute to the growth of the PBM market during the years forecast. Those factors include a growth in FDA approvals for orphan and specialty drugs, digital health solutions, increased engagement in high-touch care management, and a shift to value/outcomes-based contracts.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Richard Binder
Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.
