France's physiotherapy market size was valued at $1.46 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 4.85% from 2022 to 2030 and will reach $2.13Bn in 2030. France's physiotherapy market is expected to grow due to, an aging population, an increase in chronic diseases, and a growing focus on preventative care. The market is segmented by Product Type, Application Type, and End User. The major players in the France physiotherapy market are EMS Physio, DJO Global, Inc. Ormed, Medifa, Physiosupplies, Medequip, and others.
France's physiotherapy market size was valued at $1.46 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 4.85% from 2022 to 2030 and will reach $2.13Bn in 2030. France has a universal healthcare system that is financed through a combination of taxes, social security contributions, and out-of-pocket payments. The French healthcare system is known for its high level of coverage and relatively low costs for patients, but also for its high expenditure. According to the Organization for Economic Cooperation and Development (OECD), France's healthcare expenditure as a percentage of its gross domestic product (GDP) was around 11.2% in 2019, which is one of the highest among OECD countries. Healthcare expenditure in France is primarily financed by the government through taxes and social security contributions. The government also regulates the prices of drugs and medical devices and negotiates reimbursement rates with providers to control costs. The French healthcare system is also known for its high spending on pharmaceuticals, which accounts for around 20% of total healthcare expenditure.
The utilization of physiotherapy services is generally high in France, as it is considered an important component of the healthcare system and is widely accepted as a treatment for different conditions. Physiotherapy services can be accessed through a variety of channels in France, including hospitals, private clinics, and rehabilitation centers. Patients can also access physiotherapy services through their primary care physicians, who can refer them to a physiotherapist if needed. According to data from the French National Institute of Health and Medical Research (Inserm), the utilization of physiotherapy services in France has been increasing over the years, with the number of physiotherapy sessions per 1,000 inhabitants increasing from 69.7 to 114.8 2 in the last 15 years. Which is contributing to the growth of France's physiotherapy market.
Market Growth Drivers
According to the French National Institute of Statistics and Economic Studies (INSEE), the proportion of people aged 65 and over in the French population has been increasing steadily. In 2020, around 22% of the French population was aged 65 and over, and this proportion is expected to reach 28% by 2050.The aging population is also associated with an increase in chronic diseases, such as osteoarthritis, osteoporosis, and cardiovascular disease, which can lead to physical impairments that require physiotherapy. Physiotherapy can help older adults to maintain their independence and improve their quality of life, Hence the demand for physiotherapy in France has increased.
According to data from the World Health Organization (WHO), around 80% of deaths in France are caused by chronic diseases, such as cardiovascular disease, cancer, and diabetes.Chronic diseases can lead to physical impairments, and physiotherapy can help to improve the patients' quality of life by reducing pain and by increasing their strength, endurance, and flexibility; due to which demand for the physiotherapy market in France will grow during the forecast period.
Furthermore, The increase in the number of people who are health-conscious, and want to maintain their mobility and independence, is driving the growth of the physiotherapy market in France. Moreover, the increase in the number of sports injuries, especially among the younger population, is also driving the growth of the physiotherapy market in France.
Although physiotherapy is covered by the national healthcare system in France and patients are generally reimbursed for a portion of the treatment costs, reimbursement rates for physiotherapy services are relatively low, which may limit access to these services for some patients. Moreover, despite the availability of physiotherapy services in France, access to these services can be limited in some areas, particularly in rural or underserved regions. This may make it difficult for patients to find a qualified physiotherapist or to receive the treatment they need.
Policy changes and Reimbursement scenario of France Physiotherapy Market
In France, physiotherapy is regulated by the Ordre National des Masseurs-Kinésithérapeutes (ONMK), which is the national order of physiotherapists. The ONMK is responsible for setting standards for physiotherapy education and practice, as well as for enforcing those standards through disciplinary actions.
In France, physiotherapy is reimbursed by the national health insurance system, known as the "Sécurité sociale". The reimbursement rate is set by the government and varies depending on the type of treatment and the patient's condition.
Generally, physiotherapy sessions are reimbursed at a rate of around 70-80% of the cost for most patients, provided that the patient has a prescription from a doctor or a specialist and that the physiotherapist is registered with the Ordre National des Masseurs-Kinésithérapeutes (ONMK).
1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
22.214.171.124 Product Applications and Services
126.96.36.199 Recent Developments
188.8.131.52 Partnerships Ecosystem
184.108.40.206 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Product: (Revenue, USD Billion):
Based on product, the physiotherapy equipment market is divided into two major segments, namely, equipment and accessories. The equipment segment accounted for the largest share of the physiotherapy equipment market in 2022. The equipment segment is further segmented into electrotherapy equipment, ultrasound equipment, exercise therapy equipment, heat therapy equipment, cryotherapy equipment, combination therapy equipment, continuous passive motion therapy equipment, shockwave therapy equipment, laser therapy equipment, magnetic pressure therapy equipment, traction therapy, and other physiotherapy equipment (hydrotherapy and vacuum therapy). Owing to the increasing use of electrotherapy equipment in the treatment of musculoskeletal disorders and owing to increasing concerns for patients’ safety and minimal/no side-effects during the physiotherapy treatments.
By Application (Revenue, USD Billion):
Based on application, the physiotherapy equipment market is segmented into musculoskeletal applications, neurological applications, cardiovascular and pulmonary applications, pediatric applications, gynecological applications, and other applications (including sports and palliative care). The musculoskeletal applications segment holds a dominating share attributed to the increasing adoption of physiotherapies to accelerate recovery of accidental injuries, rising incidence of musculoskeletal disorders, and growth in the geriatric population.
By End-user (Revenue, USD Billion):
Based on end users, the physiotherapy equipment market is segmented into physiotherapy & rehabilitation centers, hospitals, home care settings, physician offices, and other end users (community health centers and elderly care facilities). In 2021, the physiotherapy & rehabilitation centers segment accounted for the largest share of the physiotherapy equipment market due to increasing demand for advanced physiotherapy equipment and their wide usage across the care continuum across these centers.
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