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Pharmacy Benefit Management Market Size, Share & Industry Analysis, By Service (Specialty Pharmacy Services, Benefit Plan Design & Administration, Pharmacy Claims Processing, Formulary Management, and Others), By Service Provider (Insurance Companies, Retail Pharmacies, and Standalone PBMs), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI103496

 


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ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 5.7% from 2025-2032

Unit

Value (USD Billion)

Segmentation

By Service

  • Specialty Pharmacy Services
  • Benefit Plan Design & Administration
  • Pharmacy Claims Processing
  • Formulary Management
  • Others

By Service Provider

  • Insurance Companies
  • Retail Pharmacies
  • Standalone PBMs

By Country/Region

  • U.S.
  • Canada
  • Rest of World
  • 2019-2032
  • 2024
  • 2019-2023
  • 98
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3M
Toshiba
Fresenius
Johnson
Siemens
Abbot
Allergan
American Medical Association
Becton, Dickinson and Company
Bristol-Myers Squibb Company
Henry Schein
Mckesson
Mindray
National Institutes of Health (NIH)
Nihon Kohden
Olympus
Quest Diagnostics
Sanofi
Smith & Nephew
Straumann