About Trauma Care Center
The global Trauma Care Center market is expected to witness high demand in the forecasted period due to the increasing number of Trauma patients across the globe. A trauma center is a hospital equipped and staffed to provide care for patients suffering from major traumatic injuries such as falls, motor vehicle collisions, or gunshot wounds. With the increase in the number of hospital admissions and ED visits for trauma in the majority of the countries, market growth is expected to be significant on the account of high trauma care costs associated with these service types.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.9% |
The trauma care centers are focused on improvising their inpatient and outpatient services for trauma patient management. The rapid development of the level I trauma care centers providing multidisciplinary treatment options for trauma patients is further responsible for the increase in market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Trauma Care Center market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
University of Alabama Hospital (United States), Banner University Medical Center Phoenix (United States), St. Joseph's Hospital and Medical Center (United States), Albany Medical Center (United States), Ascension St. John Hospital (United States), Baylor University Medical Center (United States), Bellevue Hospital Center (New York) and Murnau Trauma Center (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Emory Healthcare (United States), China Medical University Hospital (China) and Massachusetts General Hospital (United States).
Segmentation Overview
AMA Research has segmented the market of Global Trauma Care Center market by and Region.
On the basis of geography, the market of Trauma Care Center has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Facility Type, the sub-segment i.e. In-house will boost the Trauma Care Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Trauma Type, the sub-segment i.e. Falls will boost the Trauma Care Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. Inpatient will boost the Trauma Care Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Affordable Care and Shorter Waiting Periods Offered By Trauma Care Center and Growing Investments in Trauma Care Center
Market Growth Drivers:
The growing number of traumatic injury-related emergency department (ED) visits along with increasing in-house admissions for patients with injuries majorly caused by falls, traffic-related injuries or traumatic car crash injuries, and wounds caused by gunshot or stab
Challenges:
Lack of A Skilled Workforce
Opportunities:
The increase in healthcare infrastructure and medical expenditure by the governments in Asia-Pacific will also increase the number of medical institutions such as hospitals that would provide care services.
Market Leaders and their expansionary development strategies
In September 2023, Johnson & Johnson joins forces with the World Health Organization (WHO) to launch a global initiative to improve trauma care in low- and middle-income countries.
In July 2023, Stanford Health Care launches a mobile stroke unit, equipped with advanced imaging and treatment capabilities, to provide faster care to stroke patients in remote areas.
Key Target Audience
Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.