Market Insights Consortium recently conducted an extensive market intelligence study, thoroughly exploring the landscape of the U.S. Social Determinants of Health (SDOH) Market. The freshly released report introduces a captivating layout, utilizing visually immersive tables, graphs, charts, and figures to showcase vital data.

This report on the U.S. Social Determinants of Health (SDOH) market represents a structured and comprehensive examination, delving into diverse facets of the market. It rigorously defines the market by analyzing the factors driving its growth and the barriers limiting its advancement. Providing current and precise insights into consumer preferences, demands, and product inclinations, the report ensures respondent confidentiality and remains impartial in its market analysis, free from promotional influences.

This comprehensive global report on U.S. Social Determinants of Health (SDOH) covers a spectrum of market elements, including estimations, forecasts, entry strategies, opportunity assessments, competitive landscapes, product analysis, market positioning, and viability studies. It adeptly identifies and scrutinizes emerging trends in products, significant drivers, challenges, and potential opportunities. Examining the market's potential within the present landscape and future prospects, it considers various industry aspects. Additionally, the report furnishes crucial information on CAGR fluctuations during the forecast period, facilitating investment and cost estimations for stakeholders.

 

The U.S. social determinants of health (SDOH) market is expected to grow in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 22.9% in the forecast period of 2023 to 2030 and is expected to reach USD 43,984.49 million by 2030 from USD 8,450.54 million in 2022.  

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The social determinants of health (SDH) are the non-medical factors that influence health outcomes. They are the conditions in which people are born, grow, work, live, and age, and the wider set of forces and systems shaping the conditions of daily life. These forces and systems include economic policies and systems, development agendas, social norms, social policies and political systems.

The SDH have an important influence on health inequities - the unfair and avoidable differences in health status seen within and between countries. In countries at all levels of income, health and illness follow a social gradient: the lower the socioeconomic position, the worse the health.

Key Growth Drivers:

RISE IN AWARENESS REGARDING SOCIAL DETERMINANTS OF HEALTH (SDOH)

The social determinants of health (SDOH) refer to the economic and social conditions that influence individual and community differences in health status. There has been increased recognition across the U.S. that for improving health, a broader set of approaches is required to address social, economic, and environmental factors that affect health. The government has realized that addressing social determinants of health is important for improving health and reducing the disparities in the health and health care system.

The SDH have an important influence on health inequities - the unfair and avoidable differences in health status seen within and between countries. In countries at all levels of income, health and illness follow a social gradient: the lower the socioeconomic position, the worse the health.

GROWING PREVALENCE OF HEALTH INEQUALITIES AND DISPARITIES IN THE U.S.

Health inequities are systematic differences in the health status of different population groups. These inequities have significant social and economic costs both to individuals and societies.

The World Health Organization (WHO) defines the social determinants of health as the conditions in which persons are born, grow, live, work, and age, including the health-care system. According to WHO, the social determinants of health are mostly responsible for health inequities—the unfair and avoidable differences in health status seen within and between countries. The social determinants of health as well as race and ethnicity, sex, sexual orientation, age, and disability all influence health.

The report outlines the involvement of key players, including:

Centene Corporation, Optum, Inc., Oracle, Cardinal Health, Allscripts Healthcare, LLC and/or its affiliates, Lumeris, Signify Health, Inc., Medecision, Health Catalyst, Unite Us, Cedar Gate Technologies, NXGN Management, LLC. , arcadia.io | HEDIS, Orion Health group of companies, WellSky, ExlService Holdings, Inc. and Affiliates, Innovaccer, Inc., NowPow, HealthEC, LLC, i2i, FinThrive, Lighbeam, Cancer IQ, and N1 Health, among others.

Key Market Segmentation

By Type (Economic Stability, Food Insecurity, Social Support, Healthcare Systems, Education, Neighborhood and Built Environment), Data Type (Publicly Available Data, and Z Codes), Application (Authentication, Authorization, Person-Matching, Consent Management, and Privacy/Security Constraint Policy Management), End User (Payers, Providers, Community-Based Organizations, and Others).

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