Global Pharmacy Benefit Management (PBM) Market, Dynamics, Trends and Market Insights | 2023-28

The global pharmacy benefit management (PBM) market is estimated to grow from USD 563.96 Million in 2022 to USD 770.99 Million by 2028 at a CAGR of 5.29% during the forecast period. Pharmacy Benefit Management (PBM) is defined as companies that act as an intermediary between insurance companies, manufacturers, and pharmacies. Pharmacy benefit management helps to provide medical services and medications to employers at a low cost.