Social Determinants of Health (SDOH) Market by Type (Social Context, Economic Stability, Environment, Food Insecurity, Education, and Healthcare Systems), Application (Authorization, Consent Management, Authentication, Privacy, and Patient-matching), End-user (Payers and Providers), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global social determinants of health (SDOH) market size was USD XX in 2022 and is likely to reach USD XX by 2031, expanding at a CAGR of XX% during 2023–2031. Increase in healthcare costs and the presence of government mandates are likely to boost the market.
Social determinants of health (SDOH) refer to the conditions in which people are born, live, age, grow, and work, and they include a wide range of factors that influence health outcomes. These determinants include socioeconomic status, education, housing, access to healthcare, and social support networks.
Research has shown that these social determinants have a significant impact on an individual’s health outcomes. For example, people with reduce levels of education and income are more likely to experience chronic health conditions such as diabetes and heart disease and high rates of infant mortality, while those with higher levels of education and income tend to have better health outcomes.
Other social determinants of health (SDOH) include discrimination, violence, and social isolation, which can all have negative impacts on an individual’s physical and mental health. Understanding and addressing these social determinants of health is crucial for promoting health equity and reducing health disparities in populations.
The market report finds that the COVID-19 Pandemic has propelled the market. SDOH plays an important role in improving the health of millions of people.
Social Determinants of Health Market Dynamics
Major Driver
Increasing awareness about SDOH in healthcare is expected to drive the market, as it has shown to have more impact on health and an individual’s well-being than factors such as behavior, biology, and medical care.
Rising government investments further influence the SDOH solutions and is expected to drive the social determinants of health market, as it is good for the consumer and economic stability. However, rise in SDOH healthcare expenditures, high demand for expanded care delivery, and advancements in healthcare infrastructure are boosting the market.
Restraints
High cost of healthcare products is expected to hinder the market, due to the complexity of adding new SDOH data to clinical protocols. However, concerns regarding the SDOH implementation, issues & complexities, and increasing security & privacy are restraining the market.
Opportunities
Increasing research & development (R&D) activities, especially in developed and developing countries, is expected to create lucrative opportunities for the market players. Need for robust SDOH data as it is utilized by developing new analytical models is anticipated to create lucrative opportunities for the market players.
Scope of Social Determinants of Health Market Report
The market report includes research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Social Determinants of Health Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Social Context, Economic Stability, Environment, Food Insecurity, Education, and Healthcare Systems), Application (Authorization, Consent Management, Authentication, Privacy, and Patient-matching), and End-user (Payers and Providers) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Social Determinants of Health (SDOH) Market Size and Analysis, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
Arcadia Group; AMERIHEALTH CARITAS; CancerIQ; Oracle; Color Health, Inc.; Cedar Gate Technologies; Health Catalyst; HealthEC, LLC; WELLSKY; Blue Cross Blue Shield Association; Innovaccer, Inc.; Lightbeam; Lumeris; Medecision; NowPow; Elevance Health; Optum, Inc.; Orion Health group of companies; Signify Health; CVS.com; and TransUnion LLC. |
Social Determinants of Health Market Segment Insights
Type Segment Analysis
Based on type, the social determinants of health market is divided into social context, economic stability, environment, food insecurity, education, and healthcare systems. The healthcare systems segment is expected to expand at a significant pace during the projection period, due to the increasing number of initiatives to address SDOH within and outside of the healthcare systems.
Application Segment Analysis
On the basis of application, the market is segregated into authorization, consent management, authentication, privacy, and patient-matching. The patient-matching segment is projected to register a considerable CAGR during the forecast period, as it quickly and efficiently offers strategic advantages to integrate social determinants to health data. This patient-matching technology help organizations identify at-risk individuals and reduce readmissions among vulnerable populations.
End-User Segment Analysis
On the basis of end-user, the market is segregated into payers and providers. The payer's segment is expected to register a robust growth rate during the forecast period. In the healthcare industry, payers are organizations such as Medicare, health plan providers, and Medicaid that set service rates, process claims, and collect payments, among others. Payers are usually not the as same as providers.
Regional Analysis
In terms of region, the global social determinants of health market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, due to the presence of a well-established SDOH healthcare facility and the presence of major key players in the region.
The market in Asia Pacific is anticipated to expand at a rapid pace in the coming years, owing to the increase in government initiatives for SDOH, rising demand for quality healthcare, and growth of the medical tourism industry in the region.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Social Determinants of Health Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Social Determinants of Health Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Social Determinants of Health Market - Supply Chain
4.5. Global Social Determinants of Health Market Forecast
4.5.1. Social Determinants of Health Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Social Determinants of Health Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Social Determinants of Health Market Absolute $ Opportunity
5. Global Social Determinants of Health Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Social Determinants of Health Market Size and Volume Forecast by Types
5.3.1. Social Context
5.3.2. Economic Stability
5.3.3. Environment
5.3.4. Food Insecurity
5.3.5. Education
5.3.6. Healthcare Systems
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Social Determinants of Health Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Social Determinants of Health Market Size and Volume Forecast by Applications
6.3.1. Authorization
6.3.2. Consent Management
6.3.3. Authentication
6.3.4. Privacy
6.3.5. Patient-matching
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Social Determinants of Health Market Analysis and Forecast by End Users
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by End Users
7.2.2. Y-o-Y Growth Projections by End Users
7.3. Social Determinants of Health Market Size and Volume Forecast by End Users
7.3.1. Payers
7.3.2. Providers
7.4. Absolute $ Opportunity Assessment by End Users
7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Social Determinants of Health Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Social Determinants of Health Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Social Determinants of Health Demand Share Forecast, 2019-2026
9. North America Social Determinants of Health Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Social Determinants of Health Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Social Determinants of Health Market Size and Volume Forecast by Types
9.4.1. Social Context
9.4.2. Economic Stability
9.4.3. Environment
9.4.4. Food Insecurity
9.4.5. Education
9.4.6. Healthcare Systems
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. North America Social Determinants of Health Market Size and Volume Forecast by Applications
9.7.1. Authorization
9.7.2. Consent Management
9.7.3. Authentication
9.7.4. Privacy
9.7.5. Patient-matching
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. North America Social Determinants of Health Market Size and Volume Forecast by End Users
9.10.1. Payers
9.10.2. Providers
9.11. Basis Point Share (BPS) Analysis by End Users
9.12. Y-o-Y Growth Projections by End Users
9.13. Market Attractiveness/Growth Potential Analysis
9.13.1. By Country
9.13.2. By Product Type
9.13.3. By Application
9.14. North America Social Determinants of Health Demand Share Forecast, 2019-2026
10. Latin America Social Determinants of Health Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Social Determinants of Health Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Social Determinants of Health Market Size and Volume Forecast by Types
10.4.1. Social Context
10.4.2. Economic Stability
10.4.3. Environment
10.4.4. Food Insecurity
10.4.5. Education
10.4.6. Healthcare Systems
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Latin America Social Determinants of Health Market Size and Volume Forecast by Applications
10.7.1. Authorization
10.7.2. Consent Management
10.7.3. Authentication
10.7.4. Privacy
10.7.5. Patient-matching
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Latin America Social Determinants of Health Market Size and Volume Forecast by End Users
10.10.1. Payers
10.10.2. Providers
10.11. Basis Point Share (BPS) Analysis by End Users
10.12. Y-o-Y Growth Projections by End Users
10.13. Market Attractiveness/Growth Potential Analysis
10.13.1. By Country
10.13.2. By Product Type
10.13.3. By Application
10.14. Latin America Social Determinants of Health Demand Share Forecast, 2019-2026
11. Europe Social Determinants of Health Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Social Determinants of Health Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Social Determinants of Health Market Size and Volume Forecast by Types
11.4.1. Social Context
11.4.2. Economic Stability
11.4.3. Environment
11.4.4. Food Insecurity
11.4.5. Education
11.4.6. Healthcare Systems
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Europe Social Determinants of Health Market Size and Volume Forecast by Applications
11.7.1. Authorization
11.7.2. Consent Management
11.7.3. Authentication
11.7.4. Privacy
11.7.5. Patient-matching
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Europe Social Determinants of Health Market Size and Volume Forecast by End Users
11.10.1. Payers
11.10.2. Providers
11.11. Basis Point Share (BPS) Analysis by End Users
11.12. Y-o-Y Growth Projections by End Users
11.13. Market Attractiveness/Growth Potential Analysis
11.13.1. By Country
11.13.2. By Product Type
11.13.3. By Application
11.14. Europe Social Determinants of Health Demand Share Forecast, 2019-2026
12. Asia Pacific Social Determinants of Health Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Social Determinants of Health Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Social Determinants of Health Market Size and Volume Forecast by Types
12.4.1. Social Context
12.4.2. Economic Stability
12.4.3. Environment
12.4.4. Food Insecurity
12.4.5. Education
12.4.6. Healthcare Systems
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Asia Pacific Social Determinants of Health Market Size and Volume Forecast by Applications
12.7.1. Authorization
12.7.2. Consent Management
12.7.3. Authentication
12.7.4. Privacy
12.7.5. Patient-matching
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Asia Pacific Social Determinants of Health Market Size and Volume Forecast by End Users
12.10.1. Payers
12.10.2. Providers
12.11. Basis Point Share (BPS) Analysis by End Users
12.12. Y-o-Y Growth Projections by End Users
12.13. Market Attractiveness/Growth Potential Analysis
12.13.1. By Country
12.13.2. By Product Type
12.13.3. By Application
12.14. Asia Pacific Social Determinants of Health Demand Share Forecast, 2019-2026
13. Middle East & Africa Social Determinants of Health Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Middle East & Africa Average Pricing Analysis
13.2. Middle East & Africa Social Determinants of Health Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Social Determinants of Health Market Size and Volume Forecast by Types
13.4.1. Social Context
13.4.2. Economic Stability
13.4.3. Environment
13.4.4. Food Insecurity
13.4.5. Education
13.4.6. Healthcare Systems
13.5. Basis Point Share (BPS) Analysis by Types
13.6. Y-o-Y Growth Projections by Types
13.7. Middle East & Africa Social Determinants of Health Market Size and Volume Forecast by Applications
13.7.1. Authorization
13.7.2. Consent Management
13.7.3. Authentication
13.7.4. Privacy
13.7.5. Patient-matching
13.8. Basis Point Share (BPS) Analysis by Applications
13.9. Y-o-Y Growth Projections by Applications
13.10. Middle East & Africa Social Determinants of Health Market Size and Volume Forecast by End Users
13.10.1. Payers
13.10.2. Providers
13.11. Basis Point Share (BPS) Analysis by End Users
13.12. Y-o-Y Growth Projections by End Users
13.13. Market Attractiveness/Growth Potential Analysis
13.13.1. By Country
13.13.2. By Product Type
13.13.3. By Application
13.14. Middle East & Africa Social Determinants of Health Demand Share Forecast, 2019-2026
14. Competition Landscape
14.1. Global Social Determinants of Health Market: Market Share Analysis
14.2. Social Determinants of Health Distributors and Customers
14.3. Social Determinants of Health Market: Competitive Dashboard
14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
14.4.1. Arcadia Group
14.4.2. AMERIHEALTH CARITAS
14.4.3. CancerIQ
14.4.4. Oracle
14.4.5. Color Health, Inc.
14.4.6. Cedar Gate Technologies
14.4.7. Health Catalyst
14.4.8. HealthEC, LLC
14.4.9. WELLSKY
14.4.10. Blue Cross Blue Shield Association
14.4.11. Innovaccer, Inc.
14.4.12. Lightbeam
14.4.13. Lumeris
14.4.14. Medecision
14.4.15. NowPow
14.4.16. Elevance Health
14.4.17. Optum, Inc.
14.4.18. Orion Health group of companies
14.4.19. Signify Health
14.4.20. CVS.com
14.4.21. TransUnion LLC.