Global Trauma Care Centers Market, By Facility Type (In-house, Standalone), Trauma Type (Falls, Traffic-Related Injuries, Stab/Wound/Cut, Burn Injury, Brain Injury, Others), Application (Inpatient Service, Outpatient Service, Rehabilitation Service, Others) – Industry Trends and Forecast to 2029.
Trauma Care Centres Market Analysis and Size
According to the National Center for Injury Prevention and Control, 1.2 million people in the United States suffer burn injuries each year. According to the WHO, approximately 1.3 million people die each year as a result of traffic accidents. Nonfatal injuries affect between 20 million and 50 million more people, with many patients developing disabilities. A significant increase in road accidents and injuries is expected to drive market growth.
Data Bridge Market Research analyses that the trauma care centers market which was USD 20.26 billion in 2021, is expected to reach USD 31.81 billion by 2029, at a CAGR of 5.8% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Trauma Care Centres Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Facility Type (In-house, Standalone), Trauma Type (Falls, Traffic-Related Injuries, Stab/Wound/Cut, Burn Injury, Brain Injury, Others), Application (Inpatient Service, Outpatient Service, Rehabilitation Service, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Banner Health (U.S.), Albany Med Health System (U.S.), Carenow Urgent Care (U.S.), American Family Care (U.S.), Medexpress (U.S.), Baylor Scott White Health (U.S.), Nextcare (U.S.), Gohealth Urgent Care (U.S.), CITYMD (U.S.), Bellevue Clinic (U.S.), Columbia Asia (India), Concentra Inc. (U.S.), Fastmed Urgent Care (U.S.), International SOS (U.S.), HCA Healthcare Limited (U.K.), Klinikum Stuttgart (Germany), Kaiser Foundation Health Plan, Inc. (U.S.)
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Market Opportunities
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Market Definition
A trauma care centre refers to an emergency healthcare centre which provide medical care facilities to patients suffering from traumatic injuries, such as wounds, falls, burns, and road accidents. Trauma care centres are staffed with highly trained medical professionals who specialise in emergency medicine, critical care, trauma surgery, radiology, neurosurgery, resuscitation, and anaesthesia. Furthermore, they offer diagnostic, physical examination, immunisation, and vaccination services.
Global Trauma Care Centres Market Dynamics
Drivers
- Rising number of standalone trauma care centers
The rising number of standalone and hospital-owned trauma care centres has resulted from the rising incidence of injuries and falls and the rising demand for trauma care. Many established hospitals have dedicated trauma care departments to provide emergency medicine to people injured in car accidents, burns, and other accidents. These are some of the factors which propels the growth of the market.
- Rise in elderly population
The elderly population's demand for trauma care services is increasing due to physical, sensory, and cognitive changes associated with ageing, which increase the likelihood of moderate to severe injuries such as head trauma, bruises, and hip fractures. According to the WHO, people aged 65 and up have the highest fatal falls worldwide. Every second of every day, someone falls in the United States, making it a public health concern, particularly among the elderly. Furthermore, according to the CDC, one out of every four older adults in the United States falls each year. Every year, approximately 36 million falls among the elderly are reported. Furthermore, changing developmental stages, innate curiosity, and risk-taking factors are driving up demand for trauma care centres.
Opportunities
- Increased trauma care centers
The market is being driven by increased access to trauma care. According to a study published in the Journal of the American Medical Association, approximately 69.2% and 84.1% of U.S. residents had access to Level I and II trauma centers within 45 to 60 minutes. The government is constantly working to reduce the damage caused by traffic accidents. As a result, they are concentrating their efforts on establishing trauma care centers in accident-prone areas. As a result, the above-mentioned factors are likely to drive market growth.
Restraints/Challenges
- High cost of trauma care centers
High cost of trauma care centers and the low adoption rate in emerging and underdeveloped countries will obstruct the market's growth rate. The impairments associated with complex trauma and poly victimization do not appear to be described by PTSD and related diagnoses. Although their definitions overlap slightly, these two terms are current, working constructs used in clinical research to describe similar problems.
This trauma care centers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the trauma care centers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Trauma Care Centers Market
The COVID-19 pandemic has negatively impact on the market growth by delaying elective procedures, postponing non-urgent hospital treatments, reducing outpatient visits, and reducing unnecessary emergency department visits. According to a BMC article, the early stages of the pandemic were associated with a 32.5% decrease in trauma patient volumes and different injury patterns at 85 trauma centres across multiple states.
In Post-lockdown, the number of non-trauma patients seeking secondary corrective procedures and trauma patients seeking ER hospitalizations increased. This presented a significant opportunity for governments to revise existing regulations and develop national regulations on the best methods for trauma care systems during and after the pandemic. External referrals have decreased since COVID-19, owing to significant service reconfiguration that resulted in the breakdown of private, elective, and inpatient practises to accommodate the space required to host acute COVID-19 patients pre- and post-ITU treatment.
Recent developments
- In February 2019, Dignity Health merged with Catholic Health Initiatives to form CommonSpirit Health. This not-for-profit Catholic health system provides virtual care services and home health programs, among other things. These hospitals are dedicated to improving their inpatient and outpatient trauma patient care services.
Global Trauma Care Centers Market Scope
The trauma care centers market is segmented on the basis of facility type, trauma type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Facility Type
- In-house
- Standalone
Trauma Type
- Falls
- Traffic-Related Injuries
- Stab/Wound/Cut
- Burn Injury
- Brain Injury
- Others
Application
- Inpatient Service
- Outpatient Service
- Rehabilitation Service
- Others
Trauma Care Centers Market Regional Analysis/Insights
The trauma care centers market is analyzed and market size insights and trends are provided by country, facility type, trauma type and application as referenced above.
The countries covered in the trauma care centers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the trauma care centers market due to increasing cases of road accident and rising incidence of sports-related injuries are among the major factors fueling the market growth.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the growing prevalence of such injuries and diseases in the geriatric population.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Trauma Care Centers Market Share Analysis
The trauma care centers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to trauma care centers market.
Some of the major players operating in the trauma care centers market are:
- Banner Health (U.S.)
- Albany Med Health System (U.S.)
- Carenow Urgent Care (U.S.)
- American Family Care (U.S.)
- Medexpress (U.S.)
- Baylor Scott White Health (U.S.)
- Nextcare (U.S.)
- Gohealth Urgent Care (U.S.)
- CITYMD (U.S.)
- Bellevue Clinic (U.S.)
- Columbia Asia (India)
- Concentra Inc. (U.S.)
- Fastmed Urgent Care (U.S.)
- International SOS (U.S.)
- HCA Healthcare Limited (U.K.)
- Klinikum Stuttgart (Germany)
- Kaiser Foundation Health Plan, Inc. (U.S.)
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