Data Bridge Market Research Published Latest trauma care centers Market Study by indepth analysis about current scenario, the Market size, demand, growth pattern, trends, and forecast. This report on the study considers important factors such as an analysis of the market, a definition of the market, market segmentation, significant trends in the industry, an examination of the competitive landscape, and research methodology.
Data Bridge Market Research analyses that the trauma care centers market which was USD 20.26 billion in 2021, is expected to reach USD 31.81 billion by 2029, at a CAGR of 5.8% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Drivers
- Rising number of standalone trauma care centers
The rising number of standalone and hospital-owned trauma care centres has resulted from the rising incidence of injuries and falls and the rising demand for trauma care. Many established hospitals have dedicated trauma care departments to provide emergency medicine to people injured in car accidents, burns, and other accidents. These are some of the factors which propels the growth of the market.
- Rise in elderly population
The elderly population's demand for trauma care services is increasing due to physical, sensory, and cognitive changes associated with ageing, which increase the likelihood of moderate to severe injuries such as head trauma, bruises, and hip fractures. According to the WHO, people aged 65 and up have the highest fatal falls worldwide. Every second of every day, someone falls in the United States, making it a public health concern, particularly among the elderly. Furthermore, according to the CDC, one out of every four older adults in the United States falls each year. Every year, approximately 36 million falls among the elderly are reported. Furthermore, changing developmental stages, innate curiosity, and risk-taking factors are driving up demand for trauma care centres.
Recent developments
- In February 2019, Dignity Health merged with Catholic Health Initiatives to form CommonSpirit Health. This not-for-profit Catholic health system provides virtual care services and home health programs, among other things. These hospitals are dedicated to improving their inpatient and outpatient trauma patient care services.
Key highlights of this Market report:
- Growth rate
- Renumeration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
Trauma Type
- Falls
- Traffic-Related Injuries
- Stab/Wound/Cut
- Burn Injury
- Brain Injury
- Others
Application
- Inpatient Service
- Outpatient Service
- Rehabilitation Service
- Others
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