GITNUX MARKETDATA REPORT 2024

Pbm Industry Statistics

The PBM industry statistics show a trend of steady growth driven by increasing demand for cost-effective pharmacy benefit management services.

Statistic 1

"PBMs help negotiate rebates and discounts averaging $123 per prescription."

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Statistic 2

"85% of public and private health plans in the U.S. rely on PBMs to manage prescription drug benefits."

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Statistic 3

"Approximately 56% of PBM revenue in 2018 came from administration and management fees."

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Statistic 4

"The PBM industry is projected to manage more than 1.5 billion prescriptions annually by 2025."

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Statistic 5

"The three largest PBMs are CVS Health, Express Scripts, and OptumRx."

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Statistic 6

"Around 90,000 retail pharmacies in the U.S. are part of PBM networks."

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Statistic 7

"In 2019, the PBM industry processed approximately 3.7 billion prescriptions."

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Statistic 8

"PBMs use pharmacy networks to negotiate up to 50% discounts off retail prices."

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Statistic 9

"PBMs negotiate over $150 billion in rebates from pharmaceutical manufacturers each year."

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Statistic 10

"The global market size of PBMs was valued at approximately $450 billion in 2020."

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Statistic 11

"PBMs have been linked to reducing overall healthcare costs by an estimated $941 per person per year."

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Statistic 12

"PBMs control over 80% of the prescription drug market in the United States."

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Statistic 13

"Average annual savings for major employers collaborating with PBMs are estimated at $5 million."

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Statistic 14

"The PBM industry is expected to witness a compound annual growth rate (CAGR) of 8.2% from 2021 to 2026."

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Statistic 15

"The industry’s revenue growth rate from 2015 to 2020 was around 6% annually."

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Statistic 16

"PBMs assist patients with over 40 chronic conditions through medication management programs."

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Statistic 17

"Approximately 67% of all Medicare prescriptions are processed through PBMs."

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Statistic 18

"PBMs assist more than 266 million Americans with their prescription drugs."

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Statistic 19

"PBMs are estimated to save consumers and health plans up to 30% in prescription drug costs."

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Statistic 20

"The three largest PBMs in the United States handle approximately 80% of all prescriptions."

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