Press Release

Jun, 15 2024

Increasing Prevalence of Chronic Diseases and Injuries of the Rehabiilitation Therapy Services Market

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.

The rise in the number of partnerships significantly contribute to the growth of the global rehabilitation centers and services therapy market in several ways. These partnerships can be between various stakeholders such as healthcare providers, insurance companies, government agencies, non-profit organizations, and technology firms. This can help in reducing the waiting time for therapy services and ensure that patients receive the necessary care in a timely manner.

Access Full Report @ https://www.databridgemarketresearch.com/reports/europe-and-us-rehabilitation-centers-and-therapy-services-market

Data Bridge Market Research analyzes that the Europe and U.S. Rehabilitation Centers and Therapy Services Market is expected to grow at a CAGR of 5.2% in the forecast period of 2024 to 2031 and is expected to reach USD 40,699.71 million by 2031 from USD 27,525.00 million in 2023. Europe rehabiilitation therapy services market is expected to grow at a CAGR of 4.0% in the forecast period of 2024 to 2031 and is expected to reach USD 21,931.21 million by 2031 from USD 16,246.00 million in 2023. The enterprise customer solutions segment is projected to propel the market growth due to the rising adoption rehabiilitation therapy services.

Key Findings of the Study

U.S. Rehabiilitation Therapy Services Market

Increasing Demand and Adoption for Growing Awareness and Acceptance of Health Services

The need for therapy, counseling, and psychiatric rehabilitation services related to mental health rehabilitation is being driven by the increasing awareness and elimination of mental health conditions, particularly among groups impacted by stress, anxiety, depression, trauma, and substance addiction.

The stigma associated with mental health has been reduced by coordinated efforts, more media attention, and promoting initiatives, which have helped to normalize and destigmatize these discussions. The public and celebrity community's ability to be transparent about their struggles with mental health issues has been vital in promoting acceptance and helping habits related to seeking care. Furthermore, mental health treatment is now more widely available and reasonably priced thanks to the development of services and the integration of mental health services into healthcare systems. Preventive and early detection are increasingly given more importance, with a particular emphasis on fostering mental health literacy and offering assistance at the first indications of distress.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Year

2022 (Customizable to 2016–2021)

Quantitative Units

Revenue in USD Million, and Pricing in USD

Segments Covered

By Service (Physical Therapy, Occupational Therapy, Speech Therapy, Cognitive Behavioral Therapy, Respiratory Therapy and Others), By Age Group (Elderly, Adult, and Pediatric), By Service Type (Outpatient Rehabilitation Services, Inpatient Rehabilitation Services), By 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), By End User (Rehabilitation Centers, Sports and Fitness Facility Centers, Skilled Nursing Facilities, Hospitals, and Others), By Distribution Channel (Direct Channel, Online Channel)

Countries Covered

U.S. and Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Turkey and Rest of Europe

Market Players Covered

ATI Physical Therapy Inc. (U.S.), Select Medical Corporation (U.S.), Bon Secours Health System, Inc. (U.S.), Sutter Health (U.S.), Priory Group,   and Athletico Physical Therapy (Pivot Health Solutions) (U.S.)., among others

Data Points Covered in the Report

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 in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis

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.

  • On the basis of service, the market is segmented into physical therapy, occupational therapy, speech therapy, cognitive behavioural therapy, respiratory therapy, and others

In 2024, the rehabilitation therapy services segment is expected to dominate the market

In 2024, physical therapy services segment in U.S. rehabilitation centers & therapy services market is expected to dominate the market with a market share of 46.39% due to the rising demand of rehabilitation centers & therapy services.

In 2024, physical therapy services segment in U.S. rehabilitation centers & therapy services market is expected to dominate the market with a market share of 47.04% due to the rising demand of rehabilitation centers & therapy services.

  • On the basis of service, the market is segmented into physical therapy, occupational therapy, speech therapy, cognitive behavioural therapy, respiratory therapy, and others. The physical therapy segment is further segmented into orthopedic physical therapy, neurological physical therapy, cardiovascular physical therapy, sports physical therapy and gaming therapy. The geming therapy segment is further segmented into game based physical therapy and game based digital therapy. The speech therapy segment is further sub-segmented into speech sound therapy (articulation therapy), Language Therapy and others. In 2024, the physical therapy segment is expected to dominate the U.S. market with a market share of 46.00% and is expected to reach USD 19,623.58 million by 2031, growing at a CAGR of 5.8% in the forecast period of 2024 to 2031. In 2024, the physical therapy segment is expected to dominate the Europe market with a market share of 48.7% and is expected to reach USD 10,701.58 million by 2031, growing at a CAGR of 4.6% in the forecast period of 2024 to 2031.
  • On the basis of age group, the market is segmented into elderly, adult and pediatric. In 2024, the elderly segment is expected to dominate the U.S. market with a market share of 55.85% and is expected to reach USD 25,513.72 million by 2031, growing at a CAGR of 5.7% in the forecast period of 2024 to 2031. In 2024, the elderly segment is expected to dominate the Europe market with a market share of 56.72% and is expected to reach USD 12,837.72 million by 2031, growing at a CAGR of 4.4% in the forecast period of 2024 to 2031.
  • On the basis of service type, the market is segmented into outpatient rehabilitation services, and inpatient rehabilitation services. In 2024, the outpatient rehabilitation services segment is expected to dominate the U.S. market with a market share of 61.37% and is expected to reach USD 25,534.58 million by 2031, growing at a CAGR of 5.5% in the forecast period of 2024 to 2031. In 2024, the outpatient rehabilitation services segment is expected to dominate the Europe market with a market share of 62.44% and is expected to reach USD 13,970.08 million by 2031, growing at a CAGR of 4.3% in the forecast period of 2024 to 2031.
  • 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. In 2024, the orthopedic rehabilitation therapy services segment is expected to dominate the U.S. market with a market share of 50.25% and is expected to reach USD 13,831.31 million by 2031, growing at a CAGR of 5.4% in the forecast period of 2024 to 2031. In 2024, the orthopedic rehabilitation therapy services segment is expected to dominate the Europe market with a market share of 50.95% and is expected to reach USD 11,381.41 million by 2031, growing at a CAGR of 4.3% in the forecast period of 2024 to 2031.
  • On the basis of end user, the market is segmented into rehabilitation centers, sports and fitness facility centers, skilled nursing facilities, hospitals and others. In 2024, the rehabilitation centers segment is expected to dominate the U.S. market with a market share of 60.08% and is expected to reach USD 24,890.33 million by 2031, growing at a CAGR of 5.5% in the forecast period of 2024 to 2031. In 2024, the rehabilitation centers segment is expected to dominate the Europe market with a market share of 60.54% and is expected to reach USD 13,502.77 million by 2031, growing at a CAGR of 4.2% in the forecast period of 2024 to 2031.
  • On the basis of distribution channel, the market is segmented into direct channel, and online channel. In 2024, the direct channel segment is expected to dominate the U.S. market with a market share of 61.47% and is expected to reach USD 24,442.49 million by 2031, growing at a CAGR of 4.9% in the forecast period of 2024 to 2031. In 2024, the rehabilitation centers segment is expected to dominate the Europe market with a market share of 63.53% and is expected to reach USD 301.98 million by 2031, growing at a CAGR of 4.2% in the forecast period of 2024 to 2031.

Major Players

Data Bridge Market Research recognizes the following companies as the major rehabiilitation therapy services market players in the market that include ATI Physical Therapy Inc. (U.S.), Select Medical Corporation (U.S.), Bon Secours Health System, Inc. (U.S.), Sutter Health (U.S.), Priory Group,  Athletico Physical Therapy (Pivot Health Solutions) (U.S.), FYZICAL (U.S.), Banner Health (U.S.), Priory Group, Cygnet (U.S.), and U.S. Physical Theory, U.S. Rehabilitation Centers & Therapy Services (U.S.), Benchmark Therapies (U.S.), Interim Healthcare Inc. (U.S.).

U.S. Rehabiilitation Therapy Services Market

Market Development

  • 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 July 2024, FYZICAL Therapy & Balance Centers Paves Way for Physical Therapists to Achieve Clinic Ownership: The nation's fastest-growing physical therapy franchise, FYZICAL Therapy & Balance Centers, is formally announcing the debut of its Partnership Advantage Program, a special program designed to pair experienced business owners with licensed physical therapists who wish to create their own clinics.
  • In February 2024, Hunterdon went through Helping Hearts Heal and Hope Thrive: Cardiac Rehabilitation at Hunterdon Health: The cardiac rehab services offered by the institution have been designed for patients recovering from coronary artery disease procedures or heart attacks. Individuals who have undergone treatment for peripheral artery disease (PAD), received a heart transplant, or had their heart valves replaced are also eligible for these procedures. The institute also provides a program created by Dr. Dean Ornish that uses food, stress management, and exercise as part of a multifaceted approach to heart disease prevention and management. The 12-week curriculum consists of two 3-hour sessions per week.
  • In April 2024, Kettering Health opened a new center for clinical Innovation. It was in the aim to connect, collaborate and innovate in order to benefit patients and communities
  • In March 2024, Neuro Visual Assessment and Rehabilitation in Telemedicine with AvDesk: A class I medical device for the creation of neurovisual rehabilitation treatments is called AvDesk. With the use of cutting-edge telemedicine technologies, AvDesk enables medical professionals to create a daily customized cognitive training program based on the needs of the person receiving assistance, ensuring noticeable progress as soon as two weeks of therapy.
  • In April 2024, Select Medical and UF Health, Jacksonville formed joint venture to provide inpatient rehabilitative care to Northern Florida Region in order to establish a 48-bed inpatient rehabilitation hospital at UF Health North in Jacksonville, Florida. Observing a steady increase in Florida's demand for inpatient rehabilitative care in the wake of stroke, traumatic brain injury, and other incapacitating illnesses and medical conditions the joint venture was formed by Select Medical. The strategic collaboration among the entities creates a unique rehabilitative setting that offers patients the full continuum of care they need to heal, resume an independent lifestyle, and reintegrate into the community.
  • In November 2023, CORA Physical Therapy partnered with Medsender, the leading provider of AI document automation tools for healthcare. It was done in the aim of to streamline its administrative processes with AI across all locations
  • In April, USPh announced the acquisition of physical therapy and hand therapy practice with nine clinic locations. This acquisition allowed the organization to build a strong market share in the industry and enhance the service portfolio.
  • In March 2018, Cygnet launches NEW Neuropsychiatric and Neurodegenerative Rehabilitation Service for Men: The main goal is to establish a setting that inspires our clients and promotes healing. The physical environment at Cygnet St. William's has been thoughtfully planned and furnished to support the neuro behavioural rehabilitation of its clients.

Regional Analysis

Geographically, the countries covered in Europe and U.S. rehabilitation centers & therapy services market report are The U.S., U.K., Germany, France, Spain, Italy, Russia, Switzerland, Netherlands, Turkey, and rest of Europe.

As per Data Bridge Market Research analysis:

U.S. is the dominant and fastetst growing region in the rehabilitation centers & therapy services market

In 2024, U.S. is expected to dominate the market due to the higher level of technological advancements such as virtual reality, tele-rehabilitation, and wearable devices can enhance patient care and improve outcomes. These factors can lead to increased efficiency, better patient engagement, and more accessible care providing opportunity for market entities to capitalize upon in the near future investments U.S. will continue to dominate the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the growing adoption of advanced technologies in this region. Also, due to the rising rehabiilitation therapy services in this region.

For more detailed information about the U.S and Europe rehabiilitation therapy services market report, click here – https://www.databridgemarketresearch.com/reports/europe-and-us-rehabilitation-centers-and-therapy-services-market


Client Testimonials