Europe and U.S. Rehabilitation Centers and Therapy Services Market, By Service (Physical Therapy, Occupational Therapy, Speech Therapy, Cognitive Behavioral Therapy, Respiratory Therapy, and Others), Age Group (Elderly, Adult, and Pediatric) Service Type (Outpatient Rehabilitation Services, and Inpatient Rehabilitation Services), Application (Orthopedic Rehabilitation Therapy Services, Neurological Rehabilitation Therapy Services, Speech Rehabilitation Therapy Services, Cardiological Rehabilitation Therapy Services, Sports-Related Injuries, Pulmonary Rehabilitation Therapy Services and Others), End User (Rehabilitation Centers, Sports And Fitness Facility Centers, Skilled Nursing Facilities, Hospitals and Others), Service Channel (Direct Channel, and Online Channel) - Industry Trends and Forecast to 2031.
Europe and U.S. Rehabilitation Centers and Therapy Services Market Analysis and Insights
According to the global burden of disease study, in 2019, traumatic brain injuries (TBI) had 27.16 million new cases, 48.99 million prevalent cases and 7.08 million years lived with disability globally. According to information from the National Health Interview Survey (NHIS), between 2019 and 2021, an estimated 53.2 million US individuals (21.2%) have ever received a diagnosis of arthritis, gout, or rheumatoid arthritis from a physician.
Data Bridge Market Research analyzes that the Europe and U.S. rehabilitation centers & therapy services market is expected to reach USD 62.63 billion by 2031 from USD 43.77 billion in 2023, growing at a CAGR of 4.6% in the forecast period of 2024 to 2031.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016–2021)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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By Service (Physical Therapy, Occupational Therapy, Speech Therapy, Cognitive Behavioral Therapy, Respiratory Therapy, And Others), Age Group (Elderly, Adult, Pediatric) Service Type (Outpatient Rehabilitation Services, And Inpatient Rehabilitation Services), Application (Orthopedic Rehabilitation Therapy Services, Neurological Rehabilitation Therapy Services, Speech Rehabilitation Therapy Services, Cardio Logical Rehabilitation Therapy Services, Sports-Related Injuries, Pulmonary Rehabilitation Therapy Services And Others), End User (Rehabilitation Centers, Sports And Fitness Facility Centers, Skilled Nursing Facilities, Hospitals And Others), Service Channel (Direct Channel, Online Channel)
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Countries Covered
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U.S., Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Turkey, and Rest of Europe
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Market Players Covered
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Therapy Solutions, Benchmark Therapies, Priory, U.S. Physical Therapy, Inc., FYZICAL, Sutter Health, Bon Secours Health System, Inc., Banner Health, Select Medical Corporation, Lifespan Physical Therapy Services, Nmotion Physical Therapy, CORA Physical Therapy, Athletico Physical Therapy (Pivot Health Solutions), Fullmotion Physical Therapy, Hunterdon Healthcare, Interim Healthcare Inc., Kettering Health, Physio.Co.Uk, Linari Medical, Cygnet Group, US Rehabilation And Health Services, and Ati Physical Therapy, among others
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Market Definition
The market for rehabilitation centers and therapy services in Europe and the U.S. refers to the industry that provides various treatment and support facilities for individuals recovering from illnesses, injuries, or substance abuse. This market comprises a wide range of organizations, including hospitals, clinics, outpatient centers, and specialized institutions that offer physical, occupational, speech, and mental health therapy services.
Europe and U.S. Rehabilitation Centers & Therapy Services Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:
Driver
- Prevalence Of Chronic Diseases And Injuries
The increasing prevalence of chronic diseases such as cardiovascular diseases, cancer, diabetes, and musculoskeletal disorders contributes to the demand for rehabilitation services to control symptoms, improve function, and enhance quality of life. These rise in chronic disease conditions leads to greater need for rehabilitation services. Individuals with these conditions often requires physical therapy, occupational therapy, or other form of therapy to restore abilities, manage symptoms, and quality of life.
Chronic illness often requires long-term care, rehabilitation, and support, frequently in order to reduce symptoms and enhance quality of life. Trauma, accidents, and sports-related incidents can all result in injuries that add to the burden of chronic diseases and require rehabilitation services in order to heal and return to function. As illnesses related to age increase, the aging population makes chronic diseases and injuries even more widespread. A multimodal strategy is needed to address the prevalence of chronic illnesses and injuries. This strategy should include early intervention, preventive measures, access to high-quality healthcare, and comprehensive rehabilitation programs that are customized for each patient.
Restraint
- High Cost Of Rehabilitation Services
Individuals may find it financially difficult to access rehabilitation services due to the high cost of treatment sessions, equipment, and specialized care, particularly in areas with little access to healthcare or high out-of-pocket costs.
These expenses are influenced by a number of factors, such as skilled staff, specialized equipment, and the duration and level of rehabilitation treatment needed. Furthermore, many rehabilitation programs require several treatment sessions over a lengthy period of time, which can be very expensive for patients, particularly when combined with other medical expenses. The financial challenges of receiving rehabilitation treatments might be worsened by the fact that insurance coverage varies greatly and many people may have to pay out-of-pocket or have limited coverage. Some people may be discouraged from obtaining or continuing therapy due to the high expense of rehabilitation services, which could result in delays in their recovery or less than ideal results. A comprehensive strategy is needed to address the high cost of rehabilitation services. This strategy should include steps to increase insurance coverage, cut administrative costs, and look into alternative financing sources to make rehabilitation more accessible and cheaper.
For instance,
- in July 2022, costing the out-patient rehabilitation services: The Physical occupational therapy was USD18.79 per unit of care at the Asma Rehabilitation Hospital, Tehran, Iran. Considering the variation in the standard of the services provided, the cost of speech therapy services ranged from USD 17.23 to USD 19.40. Occupational therapy services for mental health were priced between USD 19.46 and USD 23.57. When contrasting the price of these services with the tariffs imposed by the government, an immense difference is evident
Opportunity
- Increase In The Rate Of Technological Advancements
The increase in the integration of technology in rehabilitation centers and therapy services has significantly improved the quality and efficiency of the treatments. Virtual reality, tele-rehabilitation, and wearable devices are some examples of technological advancements that can be further explored to enhance patient care and outcomes. Some of the technological advancements in the rehabilitation centers and services therapy market are mentioned as: -
Tele-rehabilitation, known as tele-therapy or tele-rehab, involves the use of telecommunication and information technologies to deliver rehabilitation services and therapies remotely. This has made it possible for patients to receive therapy from the comfort of their homes which, in turn, reduces the need for physical visits to rehabilitation centers. Examples of tele-rehabilitation technologies include video conferencing, mobile applications, and wearable devices. For instance, in June 2021, according to The Hindu, Salem Government Hospital launched tele-rehabilitation services for the patients who were unable to visit hospitals during the pandemic. This launch helped them to ensure continued treatment.
Challenge
- Fundings And Reimbursements
Insufficient funding’s for rehabilitation centers and therapy services may lead to limited resources, which can affect the quality of care provided to patients. This can result in reduced access to advanced equipment, trained professionals, and effective treatment options. The reimbursement policies for therapy services and rehabilitation centers can vary depending on the country, insurance providers, and government programs. These policies may not always cover the full cost of treatment, which can create financial constraints for both patients and service providers. This may discourage patients from seeking necessary care and limit the growth of the corresponding market. Budget constraints faced by governments can result in reduced funding for healthcare services, including rehabilitation centers and therapy services. This can negatively impact the growth of the market, as providers may struggle to maintain their operations and expand their services. Moreover, it is crucial to advocate for increased funding and more favorable reimbursement policies for rehabilitation centers and therapy services. This would help ensure that patients receive the necessary care and support, ultimately promoting the growth and development of the rehabilitation centers and services therapy market.
Recent Developments
- In April 2024, Banner acquired university orthopedic specialists. The university of orthopedic specialist physcians joined the Banner Health. Currently, patients preferring doctors in Southern Arizona will have access to the only orthopedic team in Tucson, whose physicians are also top researchers and educators, providing intelligent, cutting-edge, evidence-based non-surgical and surgical orthopedic care. In addition to treating adults and children, the Banner orthopedic team also provides care for competitive athletes, including teams from high schools, colleges, and professional leagues. This acquisition increases Banner Health’s expertise, service provision and expands its services to new locations..
- In March 2024, the World Bank’s Board of Executive Directors approved a $40 million loan to Moldova for the Modernization and Improvement of Rehabilitation Services Project (MIRSP) to assist the country’s efforts to reform health services, preserve human capital and enable its citizens to benefit from world-class practices in the management of non-communicable diseases (NCDs).
- In September 2022, Upstream Rehabilitation, the nation’s largest dedicated outpatient physical therapy provider, has added a new clinic partner in Pennsylvania’s Lehigh Valley. Transform Rehabilitation has single clinics in Allentown, New Tripoli and Whitehall.
- In June 2022, Upstream Rehabilitation Acquires Crescent Physical Therapy in South Carolina. Chris Kilgus fulfilled his goal of bringing outpatient physical therapy services back to his hometown of Orangeburg, S.C.
Europe and U.S. Rehabilitation Centers & Therapy Services Market Scope
The Europe and U.S. rehabilitation centers & therapy services market is segmented into five notable segments based on service, service type, age group, application, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the differences in your target markets.
Service
- Physical Therapy
- Occupational Therapy
- Speech Therapy
- Cognitive Behavioral Therapy
- Respiratory Therapy
- Others
On the basis of service, the market is segmented into physical therapy, occupational therapy, speech therapy, cognitive behavioral therapy, respiratory therapy, and others.
Age Group
- Elderly
- Adults
- Pediatrics
On the basis of age group, the market is segmented into hemodialysis and peritoneal dialysis.
Service Type
- Outpatient Rehabilitation Services
- Inpatient Rehabilitation Services
On the basis of service type, the market is segmented into outpatient rehabilitation services, and inpatient rehabilitation services.
Application
- Orthopedic Rehabilitation Therapy Services
- Neurological Rehabilitation Therapy Services
- Speech Rehabilitation Therapy Services
- Cardio Logical Rehabilitation Therapy Services
- Sports-Related Injuries
- Pulmonary Rehabilitation Therapy Services
- Others
On the basis of application, the market is segmented into orthopedic rehabilitation therapy services, neurological rehabilitation therapy services, speech rehabilitation therapy services, cardiological rehabilitation therapy services, sports-related injuries, pulmonary rehabilitation therapy services and others.
End User
- Rehabilitation Centers
- Sports and Fitness Facility Centers
- Skilled Nursing Facilities
- Hospitals
- Others
On the basis of end user, the market is segmented into rehabilitation centers, sports and fitness facility centers, skilled nursing facilities, hospitals and others.
Service Channel
- Direct Channel
- Online Channel
On the basis of service channel, the market is segmented into direct channel, and online channel.
Europe and U.S. Rehabilitation Centers & Therapy Services Market Regional Analysis/Insights
The Europe and U.S. rehabilitation centers & therapy services market is segmented into six notable segments based on service, age group , service type, application, end user, and distribution channel.
The countries covered in this market report are U.S., Germany, U.K., France, Italy, Netherlands, Spain, Russia, Switzerland, Belgium, Turkey, and rest of Europe.
U.S. is expected to dominate in Europe and U.S. rehabilitation centers & therapy services market, owing to high number of people taking rehabilation therapy services.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of large services company and their challenges faced due to large or scarce competition from local and domestic players and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe and U.S. Rehabilitation Centers & Therapy Services Market Share Analysis
The Europe and U.S. rehabilitation centers & therapy services market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product approvals, product width and breadth, application dominance, and product type lifeline curve. The above data points provided are only related to the company’s focus on the market.
Some of the major market players operating in the market are Select Medical Corporation, Bon Secours Health Systems, Inc., Sutter Health, and Priory group, Athletico Physical Therapy (Pivot Health Solutions), FYZICAL, and Cygnet Group, among others.
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