Press release
Trauma Care Centers Market Report 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : University of Alabama at Birmingham, Banner Good Samaritan Medical Center
"The trauma care centers market size has grown strongly in recent years. It will grow from $21.74 billion in 2023 to $23.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to emergency medical services (ems) advancements; triage protocols and trauma centers; trauma training programs, innovations in trauma surgery, collaboration with law enforcement..The trauma care centers market size is expected to see strong growth in the next few years. It will grow to $29.04 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to geriatric trauma care, pediatric trauma services, advanced diagnostic tools, public health initiatives, global trauma center expansion.. Major trends in the forecast period include advanced imaging technologies, telemedicine integration, trauma training and simulation, multidisciplinary trauma teams, data-driven care..
Market Overview -
Trauma care centres refer to a centre in the hospital that is equipped with specialized staff who can take care of trauma cases. The main objective of the trauma system is to provide the right service to the right patients.
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The Increasing Incidence Of Traumatic Injuries Fuels Growth In Trauma Care Centers
The growing number of traumatic injury-related emergency department visits is expected to propel the growth of the trauma care centre market going forward. A traumatic injury refers to physical injuries that are sudden and severe in nature and which require immediate medical attention. The growing number of traumatic injury-related emergency department visits compels the trauma care centers market to provide better quality services for patients, which leads to an increase in the demand for trauma care centres. For instance, according to a report published by the Centers for Disease Control and Prevention, an American government agency, in 2022, there will be approximately 130 million visits to emergency departments in America, of which 35 million visits are related to various injuries. Furthermore, according to a journal article published by the National Library of Medicine, an American medical library, in 2021, there was an increase in penetration trauma from 10.3% to 13.0% in 2021. Therefore, the growing number of traumatic injury-related emergency department visits is driving the growth of the trauma care centers market .
Competitive Landscape -
Major companies operating in the trauma care centers market include University of Alabama at Birmingham, Banner Good Samaritan Medical Center, St. Joseph's Hospital and Medical Center, Albany Medical Center, Ascension St. John Hospital, Baylor University Medical Center, Bellevue Hospital Center, Murnau Trauma Center, China Medical University Hospital, Gohealth Urgent Care, CityMD Urgent Care, Fastmed Urgent Care, Carenow Urgent Care, American Family Care, Columbia Asia Hospitals, Boston Medical Center, Brigham and Women's Hospital, Cedars-Sinai Medical Center, Children's Hospital of Philadelphia, Cleveland Clinic Foundation, Duke University Hospital, Emory University Hospital, Harborview Medical Center, Hospital of the University of Pennsylvania, Indiana University Health, Johns Hopkins Hospital, Massachusetts General Hospital, Mayo Clinic, Memorial Hermann-Texas Medical Center, Mount Sinai Hospital, New York-Presbyterian Hospital, Northwestern Memorial Hospital, Ohio State University Wexner Medical Center, Oregon Health & Science University Hospital, Parkland Memorial Hospital, Penn State Health Milton S. Hershey Medical Center, Ronald Reagan UCLA Medical Center, Stanford Health Care
Research And Development Activities Transform Trauma Care Centers Market
Research And Development Activities are key trends gaining popularity in the trauma care centers market . Many companies or hospitals operating in the trauma care centers market are focused on research and development activities to strengthen their trauma care centers market position and provide the best treatment for trauma patients. For instance, in April 2023, the Boston University School of Public Health, launched the Center for Trauma and Mental Health (CTMH). It is dedicated to researching and developing public health strategies aimed at addressing the health impacts of trauma. Its mission is to comprehensively understand the various stressful and traumatic events and their repercussions. This center serves as a cross-disciplinary hub for scholarly endeavors, promoting collaboration across the school to combat the significant societal challenges posed by trauma. It seeks to cultivate a community of researchers, educators, and practitioners dedicated to addressing trauma in its myriad forms.
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Key Segments -
The trauma care centers market covered in this report is segmented -
1) By Facility: In-house, Standalone
2) By Trauma: Falls, Traffic-Related Injuries, Stab or Wound or Cut, Burn Injury, Brain Injury, Other Injuries
3) By Service: Inpatient, Outpatient, Rehabilitation
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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