Healthcare

Orthopedic Trauma Devices Market

The Trauma Care Centers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Trauma Care Centers Global Market Report 2024, 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..

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 .

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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

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.

The trauma care centers market report table of contents includes: