PUBLISHER: Grand View Research | PRODUCT CODE: 1122151
PUBLISHER: Grand View Research | PRODUCT CODE: 1122151
The global trauma care centers market size is expected to reach USD 26.9 billion by 2030, according to a new report by Grand View Research. It is expected to expand at a CAGR of 7.50% from 2022 to 2030. 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.