Trauma Care Centers Market is Expected to Surpass US$ 28.58 Billion by 2032

The market for trauma care centers is projected to reach USD 28.58 billion by 2032, growing at a CAGR of 7.50% from 2022 to 2032. In 2022, the market is estimated to be valued at USD 13.87 billion.

Several factors are driving this growth, including the rising number of emergency department visits and hospitalizations due to traumatic injuries. These injuries are primarily caused by falls, car crashes, traffic-related accidents, and wounds from stabbings or gunshots. These trends are expected to significantly boost the demand for trauma care centers over the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
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Segmentation Insights

The in-house segment dominated the trauma care centers market, capturing a revenue share of more than 70.0%. This growth is driven by the increasing presence of acute care hospitals with specialized in-house trauma setups. In regions like Asia Pacific and the Middle East, the scarcity of standalone trauma centers means that most critically ill patients receive trauma care from in-house specialized trauma facilities.

Governments in developing economies are launching initiatives to promote the use of in-house facilities. The funding and availability of high-quality care at multispecialty hospitals with in-house trauma centers are driving up demand for these facilities.

Country Insights

North America led the market in 2021, accounting for more than 55.0% of total revenue. This dominance is due to the presence of well-established standalone trauma care centers and hospitals, along with efficient reimbursement frameworks. Additionally, the rising number of road accidents and sports-related injuries are major factors driving market growth.

The presence of prominent market players is expected to significantly propel the growth of the North American market. Furthermore, the increasing prevalence of orthopedic illnesses such as osteoporosis and rheumatoid arthritis will positively influence the demand for trauma devices. Arthritis, a leading cause of disability, further drives up the demand for trauma devices in North American countries.

Read More: https://www.factmr.com/report/trauma-care-centers-market

Competitive Landscape

Key players in the trauma care centers market are focusing on acquiring smaller companies and investing in R&D to develop technologically advanced devices, thereby broadening and strengthening their geographic reach.

The increasing demand for outpatient surgical procedures and the rising funding for high-quality trauma treatment are expected to create a lucrative pool of opportunities for leading enterprises in the trauma care centers market.

Key Segments

· By Facility Type :
In-house
Standalone
· By Trauma Type :
Falls
Traffic-related Injuries
Stab/Wound/Cut
Burn Injury
Brain Injury
Other Injuries
· By Service Type :
Inpatient
Outpatient
Rehabilitation
· By Region :
North America
Latin America
Asia Pacific
MEA
Europe

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This release was published on openPR.