The global 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 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
Report Coverage | Details |
Market Size in 2021 | USD 12.93 billion |
Revenue Forecast by 2030 | USD 27.2 billion |
Growth rate from 2022 to 2030 | CAGR of 8.61% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segmentation | Facility type, trauma type, service type, region |
Companies Covered | University of Alabama Hospital; Albany Medical Center; St. Joseph's Hospital and Medical Center; Banner University Medical Center Phoenix; Kaiser Permanente; Ascension St. John Hospital; Klinikum Stuttgart; Bellevue Hospital Center; University Hospital Southampton NHS Foundation Trust; China Medical University Hospital |
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.
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
Market Segmentation
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Trauma Care Centers Market
5.1. COVID-19 Landscape: Trauma Care Centers Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Trauma Care Centers Market, By Facility Type
8.1. Trauma Care Centers Market, by Facility Type, 2022-2030
8.1.1 In-house
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Standalone
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Trauma Care Centers Market, By Trauma Type
9.1. Trauma Care Centers Market, by Trauma Type, 2022-2030
9.1.1. Falls
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Traffic-related Injuries
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Stab/Wound/Cut
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Burn Injury
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Brain Injury
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Other Injuries
9.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Trauma Care Centers Market, By Service Type
10.1. Trauma Care Centers Market, by Service Type, 2022-2030
10.1.1. Inpatient
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Outpatient
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Rehabilitation
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Trauma Care Centers Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.1.4.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.1.4.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.2.4.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.2.4.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.3.4.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.3.4.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.4.4.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.4.4.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.5.4.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.5.4.3. Market Revenue and Forecast, by Service Type (2017-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Facility Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Trauma Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Service Type (2017-2030)
Chapter 12. Company Profiles
12.1. University of Alabama Hospital
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Banner University Medical Center Phoenix
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. St. Joseph’s Hospital and Medical Center
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Albany Medical Center
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Ascension St. John Hospital
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Bellevue Hospital Center
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. China Medical University Hospital
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Klinikum Stuttgart
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Kaiser Permanente
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. University Hospital Southampton NHS Foundation Trust
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms