Data Bridge Market Research recently concluded an extensive market intelligence study, conducting a thorough analysis of the Social Determinants of Health (SDOH) Market. Their newly released report adopts an engaging layout, presenting critical data through visually appealing tables, graphs, charts, and figures.

Crafted meticulously through systematic collection and evaluation of industry data, the Social Determinants of Health (SDOH) market research report aims to provide vital insights for businesses. It offers a comprehensive analysis of market elements such as drivers, constraints, segmentation, opportunities, challenges, revenue insights, and competitive assessments. This resource equips companies with the knowledge to make informed decisions, navigating the complex landscape of their market niche.

Our dedicated team of analysts, experts, statisticians, forecasters, and economists contributed rigorous efforts to create this advanced Social Determinants of Health (SDOH) market research report. It stands as a crucial tool for maintaining a competitive edge. The report deeply explores market segmentation, categorizing potential customers based on product application, deployment models, end-user profiles, and geographic regions.

Data Bridge Market Research forecasts a 23.00% CAGR for the social determinants of health (SDOH) market . "Healthcare Systems" emerges as the largest segment due to government mandates and the escalation of healthcare costs.

 

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The social determinants of health (SDOH) are the non-medical factors that influence health outcomes. The conditions during which folks are born, grow, work, live, and age, and the wider set of forces and systems shaping the necessities of life. Social determinants of health (SDOH) additionally contribute to wide health disparities and inequities. For instance, people who do not have access to healthy food stores are less likely to possess smart nutrition. That raises their risk of health conditions such as heart condition, diabetes, and fatness — and even lowers lifespan relative to people that do have access to healthy foods and it's driving the market

Key Growth Drivers:

  • The rise awareness about social determinants of health

Social determinants of health have shown a greater impact on population health and individual well-being than factors such as biology, behaviour, and medical care. Awareness is spreading among people and it is driving the market. This is driving the market growth rate.

  • Government investments for social determinants of health

The federal government's increase in funding to drive the adoption of these solutions further influences the market because it is good for consumers and economic stability. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the social determinants of health (SDOH) market.

The report outlines the involvement of key players, including:

Arcadia Group, Cancer IQ, Cerner Corporation, Color, Enli Health Intelligence, Geneia LLC, Health Catalyst, HealthEC, LLC, Healthify, Innovaccer Inc., Interpreta, Lightbeam. Lumeris, Medecision, NowPow, Optum, Orion Health, Signify Health and TransUnion Healthcare among others.

Key Market Segmentation

Social Determinants Of Health (SDOH) Market, By Type (Economic Stability, Food Insecurity, Social Context, Environment, Education, Healthcare Systems), End-User (Payers, Providers), Application (Authentication, Authorization, Person-matching, Consent Management, Privacy)

The Social Determinants of Health (SDOH) market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here's an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America..

North America dominates the social determinants of health (SDOH) market because of the strong base of healthcare facilities and the presence of major key players within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in government initiatives for social determinants of health, rise in medical tourism, and the growing demand for quality healthcare in the region.

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