Work with payers and employers to mitigate spending growth on administered drugs, most of which are high-priced specialty drugs, by delivering those therapies in the safest, lowest cost setting. National Trends in Prescription Drug Expenditures and Projections for 2020. Pain management infusion pharmacy is expected to show fastest growth over the forecast period. MILLIMAN REPORT Commercial Specialty Medication Research: 3 December 2019 2019 Benchmark Projections Background Payers closely manage their pharmacy benefit spending and many have experienced relatively low annual … The clinic sector saw growth in specialty drug expenditures of 17.5% in 2018 over 2017. 3.2%. All state projections data are available at www.projectionscentral.com. This report begins with a basic introduction of 2020 market segmentation, future scenario, Pharmacy Benefit Management Services industry growth rate, and industrial opportunities to 2027. It offers an analysis of the technical barriers, other issues, and cost-effectiveness affecting the market. More details below. In clinics, growth was driven by new products and increased utilization, whereas in hospitals growth was driven by new products and price increases. Prescription drugs had represented a shrinking share of total health spending through 2013, but increased in 2014 and 2015 with the introduction of some high cost specialty drugs. Order a Copy of this Report @ https://www.orianresearch.com/checkout/1743957, 1 Industry Overview of Specialty Pharmaceutical, 2 Industry Chain Analysis of Specialty Pharmaceutical, 3 Manufacturing Technology of Specialty Pharmaceutical, 4 Major Manufacturers Analysis of Specialty Pharmaceutical, 5 Global Productions, Revenue and Price Analysis of Specialty Pharmaceutical by Regions, Manufacturers, Types and Applications, 6 Global and Major Regions Capacity, Production, Revenue and Growth Rate of Specialty Pharmaceutical 2014-2019, 7 Consumption Volumes, Consumption Value, Import, Export and Sale Price Analysis of Specialty Pharmaceutical by Regions, 8 Gross and Gross Margin Analysis of Specialty Pharmaceutical, 9 Marketing Traders or Distributor Analysis of Specialty Pharmaceutical, 10 Global and Chinese Economic Impacts on Specialty Pharmaceutical Industry, 11 Development Trend Analysis of Specialty Pharmaceutical, 12 Contact information of Specialty Pharmaceutical, 13 New Project Investment Feasibility Analysis of Specialty Pharmaceutical, 14 Conclusion of the Global Specialty Pharmaceutical Industry 2019 Market Research Report. Are you mastering your market? "Two key themes we saw were the continued growth of specialty pharmacy products as a share of total spending and the critical importance of ongoing, robust generic and biosimilar competition on restraining overall price growth," said Dan Kistner, PharmD, senior vice president of Pharmacy Solutions for Vizient. Health Workforce Projections: Neurology Physicians and Physician Assistants (PDF - 170 KB) Health Workforce Projections: Physicians and Physician Assistants in Emergency Medicine (PDF - 567 KB) 2016. owned specialty pharmacy mail order channel, the rapid growth and evolution in the market present opportunities for retail pharmacies. Elaborating on the application scope, the report bifurcates the Pharmacy Benefit Management (PBM) Industry market into Mail-order Pharmacy Services andNon-mail Pharmacy Services. June 2019. And its growth is not expected to slow down anytime soon. The Pharmacy Forecast was supported by a grant from Omnicell, Inc., to the ASHP Foundation's David A. Zilz Leaders for the Future Fund. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Pharmacy POS Software Market Scenario 2021-2028: The Global Pharmacy POS Software market exhibits comprehensive information that is a valuable source of insightful data for business strategists during the decade 2015-2028. The report is segmented according to usage wherever applicable and the report offers all this information for all major countries and associations. The Specialty Pharmacy Services analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. We project that in 2021, the pharmacy industry’s revenues will be about $572 billion—and that specialty drugs will account for 42% of that figure. Growth of Specialty Pharmacy Practice Prompts NABP to Continue Program to Help Ensure Medication Safety, Protect Patients. The purchasing data from hospitals and non-acute facilities in the Vizient Pharmacy Program revealed that prescription drug rates for hospitals and health systems are growing at a slower rate compared with the previous year. 2016-2021. Support the ASHP Foundation. Specialty medication is expected to increase to 50% of drug costs by 2020. The number of physicians practicing in the U.S. is growing slowly compared to the population growth projections over the next decade-plus, according to a report from the Association of American Medical Colleges.. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients. Edward G. McGinley Chairperson Hal Wand President Jeanne D. Waggener President-elect Susan Ksiazek Treasurer Timothy D. Fensky Member, District 1 Caroline D. Juran The report provides key statistics on the market status, size, share, growth factors of the Global Pharmacy Benefit Management Services. These national estimates of future pharmaceutical expenditure growth may not be representative of … National trends in prescription drug expenditures and projections for 2020 Am J Health Syst Pharm. Global Specialty Boxes Market Report 2019 – Market Size, Share, Price, Trend and Forecast . Global Specialty Pharmacy Services Market Research Report 2020 carries in-depth case studies on the various countries which are involved in the Specialty Pharmacy Services market. A preliminary estimate of 2013 sales is $81 billion, up only $1 billion from 2012; the five-year trend is for 5–6% annual growth, to $101 billion in 2017. Aside from the possible growth of specialty phar-macies, nearly all community and hospital pharma- Although FDA has approved 11 biosimilars as of June 15, 2018, biosimilar … Global Specialty Pharmaceutical Market report has been compiled through extensive primary research (through analytical research, market survey and observations) and secondary research. Specialty Surfactants Market: Market Status and Forecast by Regions and Types, Top Manufacturers, Regions, Applications To 2024 . Need for balance between the learning process and acceleration for green hydrogen. Specialty pharmacy continues to be an area of outpaced growth. Projected specialty cost trends exceed the trend in total medical and pharmacy costs. The report, released last June, examines physician supply and demand, making projections about a potential physician shortages. 19 Spending on specialty drugs is growing faster than growth of the overall market (11.3% in 2019), and most novel new drugs approved by FDA in 2019 were specialty drugs. Home » Reports » Global Specialty Boxes Market Report 2019 – Market Size, Share, Price, Trend and Forecast. During the COVID-19 pandemic, this could mean moving treatments completely out of the inpatient setting to an outpatient clinic, physician’s office or even the patient’s home. Specialty and cancer drugs will continue to drive expenditures. Orian Research is one of the most comprehensive collections of market intelligence reports on The World Wide Web. 2016-2021. Support the ASHP Foundation With your meaningful contributions, we can continue to support programs that advance pharmacy practice, enhance medication safety, and improve patient outcomes. The use of specialty medicines grew by 5%, more than twice the rate of other drugs, and now represents 2.2% of volume. Leading vendors in the market are included based on profile, business performance etc. What is the origin of the primordial black holes in the solar system? For the historical and forecast period 2015 to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Specialty Pharmaceutical market. These latest projections are comparable to the forecasts that BLS released in 2017. State & Area Data. Specialty Pharmacy Services market size report contains growth rate, revenue, segmentation with product type, application, end-users, regions, manufacturers, and more. 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