France Physiotherapy Market Analysis

France Physiotherapy Market Analysis


$ 3999

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.

ID: IN10FRHS016 CATEGORY: Healthcare Services GEOGRAPHY: France

Buy Now

France Physiotherapy Market Executive Summary

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.

France Physiotherapy Market Analysis

Market Dynamics

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.

Market Restraints

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.

Competitive Landscape

Key Players

  • Ormed (FRA)
  • Medifa (FRA)
  • Physiosupplies (FRA)
  • Medequip (FRA)
  • Mettler Electronics
  • Chattanooga Group
  • EMS Physio Ltd.
  • DJO Global, Inc.
  • Dynatronics Corporation, Inc.

Healthcare Policies and Regulatory Landscape

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)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 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

Physiotherapy Market Segmentation

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.

  • Equipment
  • Electrotherapy equipment
  • Ultrasound equipment
  • Exercise therapy equipment
  • Heat therapy equipment
  • Cryotherapy equipment
  • Combination therapy equipment
  • Continous passive motion therapy equipment
  • Shockwave therapy equipment
  • Laser therapy equipment
  • Magnetic pressure therapy equipment
  • Traction therapy
  • Other physiotherapy equipment
  • Accessories
  • Manual Therapy
  • Specialized treatment
  • Joint Mobilization Techniques
  • Suspension Therapy
     

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 Applications

  • Musculoskeletal applications
  • Neurological applications
  • Cardiovascular and pulmonary applications
  • Pediatric applications
  • Gynecological applications
  • Other applications

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.

  • Physiotherapy & Rehabilitation centers
  • Hospitals
  • Home care settings
  • Physician offices
     

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.


We value your inquiry and offer free customization with every report to fulfil your exact research needs.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 04 October 2023
Updated by: Jay Dalwadi

Related reports (by category)


Related reports (by geography)


subscribe to our newsletter
up