Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.36 Billion | USD 31.11 Billion | 7.4% | 2023 |
According to the report published by Zion Market Research, the global Trauma Care Centers Market size was valued at USD 16.36 Billion in 2023 and is predicted to reach USD 31.11 Billion by the end of 2032. The market is expected to grow with a CAGR of 7.4% during the forecast period.
The report analyzes the global Trauma Care Centers Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Trauma Care Centers industry.
Trauma centers offer suitable care to road accident victims with minor and major injuries at hospitals. Traumatic injuries include gunshot wounds, motor vehicle collisions, and random falls. These injuries cause shock and trauma that need immediate intervention to protect the lives of the victims. The trauma center is categorized into two levels namely level 2 and level 1. Level 1 is a trauma center for adult humans while level 2 is for pediatric patients.
The increasing number of patients visiting for the trauma injury emergency department along with growing in-house admission for the victims injured by traumatic car crash injury, traffic-related injury, and random fall wounds are likely to foster the global market growth. Moreover, the growing geriatric population all across the globe is one of the key factors propelling the growth of the global trauma care centers market. Also, the growing demand for specialized critical care settings in hospitals is also complementing the growth.
Also, the surge in the standalone healthcare facilities with the availability of intensive care units also boosts the demand for trauma care centers. The government is undertaking several initiatives to set up more such centers to deal with the surging cases of road accident injuries. Moreover, the growing survival rate for serious traumatic injuries is inducing governments to set up rehabilitative services so that critical patients can be benefited from an expert physician.
The global trauma care centers market can be segmented into trauma, service, facility, and region.
By service, the market can be segmented into rehabilitation, outpatient, and inpatient. The outpatient service segment holds the largest share in the global trauma care centers market due to the increasing setup of standalone medical services. However, the inpatient service segment is likely to lead the market in the forthcoming years due to the growing in-house admission for trauma victims. The cost of inpatient services is high as compared to outpatient services but still, the medical centers are witnessing a growing number of in-house admissions.
By trauma, the market can be segmented into brain injuries, burn injuries, traffic-related injuries, falls, and others. The fall segment accounts for the largest share in the global trauma care centers market due to the growing geriatric population all across the globe. The traffic-related injuries segment is likely to witness significant growth in the forthcoming years due to the growing number of car crash injuries and other road accidents.
By facility, the market can be segmented into standalone and in-house facilities. The in-house care center holds hegemony over others due to the presence of acute care medical hospitals with specialized in-house trauma setup. Moreover, the transforming preference of people for specialized hospitals with in-house trauma centers further contributes towards the growth of the segment during the forecast period. However, the standalone service segment is likely to witness a steady growth rate in the forthcoming years due to the growing preference for personalized care among patients as compared to general health services.
Report Attributes | Report Details |
---|---|
Report Name | Trauma Care Centers Market |
Market Size in 2023 | USD 16.36 Billion |
Market Forecast in 2032 | USD 31.11 Billion |
Growth Rate | CAGR of 7.4% |
Number of Pages | 219 |
Key Companies Covered | China Medical University Hospital, Murnau Trauma Center, Bellevue Hospital Center, Baylor University Medical Center, Ascension St. John Hospital, Albany Medical Center, St. Joseph's Hospital and Medical Center, Banner University Medical Center Phoenix, and the University of Alabama Hospital |
Segments Covered | By trauma, By service, By facility and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global trauma care centers market due to the presence of a wide number of standalone trauma centers in the region. Also, the growing government initiatives like favorable reimbursement medical policies in the region further boost the growth of the regional market during the forecast period.
Asia Pacific is anticipated to witness significant growth in the forthcoming years owing to the growing support from the government to strengthen the healthcare infrastructure in the region. Moreover, the growing disposable income of people in the region further escalates the growth of the regional market during the forecast period.
The global trauma care centers market profiles key players such as:
By Trauma
By Service
By Facility
Global Trauma Care Centers Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
Trauma centers at hospitals provide appropriate treatment for both minor and significant injuries suffered in road accidents. Traumatic injuries cover random falls, motor vehicle crashes, and gunshot wounds. These wounds shock and traumatize the victims, hence quick attention is needed to save their life.
The global market is expected to experience growth due to the increasing number of patients visiting the trauma injury emergency department and the increasing number of in-house admissions for victims injured by traumatic car crashes, traffic-related injuries, and random falls. Additionally, the global trauma care centers market is being driven by the increasing geriatric population on a global scale.
Global Trauma Care Centers Market size was valued at USD 16.36 Billion in 2023 and is predicted to reach USD 31.11 Billion by the end of 2032.
The market is expected to grow with a CAGR of 7.4% during the forecast period.
North America accounts for the largest share in the global trauma care centers market due to the presence of a wide number of standalone trauma centers in the region. Also, the growing government initiatives like favorable reimbursement medical policies in the region further boost the growth of the regional market during the forecast period.
China Medical University Hospital, Murnau Trauma Center, Bellevue Hospital Center, Baylor University Medical Center, Ascension St. John Hospital, Albany Medical Center, St. Joseph's Hospital and Medical Center, Banner University Medical Center Phoenix, and the University of Alabama Hospital
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