Trauma Care Centers Market Size to Surpass USD 27.2 BN by 2030

According to Vision Research Reports, the trauma care centers market was valued at USD 12.93 billion in 2021 and it is predicted to surpass around USD 27.2 billion by 2030 with a CAGR of 8.61% from 2022 to 2030

Report Highlights

• The in-house segment dominated the market in 2021 with a revenue share of over 70.03%.
• The standalone facility type segment is expected to witness significant growth over the forecast period.
• The falls segment dominated the market in 2021 with a revenue share of over 40.05%.
• The outpatient segment accounted for the largest revenue share of over 60.21% in 2021.
• The inpatient segment is expected to be the fastest-growing segment over the forecast period.
• North America dominated the market with a revenue share of over 55.06% in 2021.
• Europe is expected to hold a significant share in the market over the forecast period.

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The market is expected to be driven by the factors such as the rising number of trauma cases and the growing utilization of trauma care services among the pediatric and geriatric population. Additionally, the growing number of trauma care centers globally is expected to boost the growth of the market during the forecast period.

Growing incidence of injuries and falls and increasing demand for trauma care have led to a gradual increase in the number of standalone and hospital-owned trauma care centers. Many established hospitals are having dedicated trauma care departments to provide emergency medicine to people injured due to burns, road traffic accidents, and other injuries.

Furthermore, the COVID-19 pandemic has adversely affected the market growth owing to the delay in elective procedures, postponement in non-urgent treatments in hospitals, reduction in outpatient visits, and unnecessary emergency department visits. According to an article published in BMC, the initial stages of the pandemic were associated with a 32.5% decline in trauma patient volumes and different injury patterns at 85 trauma centers in a multiple states system.

Scope of The Report

Facility Type Insights

The in-house segment dominated the market in 2021 with a revenue share of over 70.03%. The rising presence of acute care hospitals with specialized in-house trauma setups globally is expected to drive the market. The scarcity of standalone centers in Asia Pacific and the Middle East is resulting in the majority of critical patients receiving trauma care from in-house specialized trauma centers. Based on the facility type, the market is segmented into in-house and standalone.

Governments in developing economies are undertaking initiatives to promote in-house facilities. The Government of India promoted the opening of in-house trauma care facilities under the National Program for Prevention of Trauma & Brain Injuries. The funding and availability of high-quality care at multispecialty hospitals with in-house trauma care are resulting in a growing preference for such facilities among patients.

The standalone facility type segment is expected to witness significant growth over the forecast period. This can be attributed to more patients preferring value-based and personalized care over general healthcare services. Standalone trauma centers are specially equipped and well-staffed to provide high-quality care to patients suffering from major traumatic injuries.

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Trauma Type Insights

The falls segment dominated the market in 2021 with a revenue share of over 40.05%. The increasing geriatric population and prevalence of moderate to severe injuries, such as bruises, head trauma, and hip fractures, caused by falls are driving this segment. As per the CDC, a 25% reduction in severe injury-related deaths has been registered among patients receiving care at trauma centers. Fall-related injuries are the most common cause of trauma, accounting for approximately 45% of the overall trauma-related Emergency Department (ED) visits. Based on the trauma type, the market is segmented into falls, traffic-related injuries, stab/wound/cut, burn injury, brain injury, and other injuries.

Due to an increase in critical ED visits for burn injuries, the burn injury segment of the market is anticipated to register a significant growth rate over the forecast period. According to the National Center for Injury Prevention and Control, each year in the U.S., 1.2 million people sustain burn injuries.

Traffic-related injuries are expected to witness lucrative growth during the forecast period. This can be attributed to the rising road traffic accidents and cost burden on the majority of nations. According to the WHO, approximately 1.3 million people lose their lives annually as a result of road traffic accidents. Between 20 million and 50 million more people sustain nonfatal injuries, with many patients developing disabilities as a result.

Service Type Insights

The outpatient segment accounted for the largest revenue share of over 60.21% in 2021. Growing demand for these services among the elderly population, reduced costs, better reimbursement, and greater access to care are factors expected to drive this segment. On the basis of service type, the market is segmented into inpatient, outpatient, and rehabilitation.

The inpatient segment is expected to be the fastest-growing segment over the forecast period owing to the increasing number of in-house admissions for trauma victims globally. For instance, according to a Chinese Medical Association study, car, motorcycle, and pedestrian accidents can result in hospitalizations lasting 55.78, 30.66, and 13.56 days, respectively.

The revenue gap between outpatient and inpatient services is gradually narrowing, with hospital outpatient income growing at a faster rate. According to the American Heart Association (AHA), outpatient surgeries in hospital outpatient departments and Ambulatory Surgery Centers (ASCs) are expected to increase by 19% and 25%, respectively.

Regional Insights

North America dominated the market with a revenue share of over 55.06% in 2021. This can be attributed to the presence of standalone and well-established trauma care centers and hospitals with efficient reimbursement frameworks. In addition, the growing number of road accident cases and rising incidence of sports-related injuries are among the major factors fueling the market growth.

Europe is expected to hold a significant share in the market over the forecast period owing to the growing prevalence of such injuries and diseases in the geriatric population. According to the UN World Aging Population Report, in Europe, approximately 200.4 million people are 65 years and above, which is contributing to the demand for proper and convenient trauma care centers.

Asia Pacific is anticipated witness lucrative growth during the forecast period. India and China, the two emerging economies in the Asia Pacific region, have observed rapid economic expansion and an increase in healthcare spending. The need for sophisticated trauma treatment is anticipated to grow in these countries in the coming years as a result of the rising disposable income.

Key Players

• University of Alabama Hospital
• Banner University Medical Center Phoenix
• St. Joseph’s Hospital and Medical Center
• Albany Medical Center
• Ascension St. John Hospital
• Bellevue Hospital Center
• China Medical University Hospital
• Klinikum Stuttgart
• Kaiser Permanente
• University Hospital Southampton NHS Foundation Trust

Market Segmentation

• By Facility Type Outlook
  • In-house
  • Standalone
• By Trauma Type Outlook
  • Falls
  • Traffic-related Injuries
  • Stab/Wound/Cut
  • Burn Injury
  • Brain Injury
  • Other Injuries
• By Service Type Outlook
  • Inpatient
  • Outpatient
  • Rehabilitation
• By Regional Outlook
  • North America

• • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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