Netherlands Physiotherapy Market Analysis Report 2022 to 2030

Netherlands Physiotherapy Market Analysis

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The Netherlands physiotherapy market size was valued at $138 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5.85% from 2022 to 2030 and will reach $218 Mn in 2030. The Netherlands physiotherapy market is expected to grow due to several factors, including 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 Netherlands physiotherapy market are Medtronic, Philips Healthcare, DJO Global, and others.

ID: IN10NLHS016 CATEGORY: Healthcare Services GEOGRAPHY: Netherlands AUTHOR: Chandani Patel

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Netherlands Physiotherapy Market Executive Summary

The Netherlands physiotherapy market size was valued at $138 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5.85% from 2022 to 2030 and will reach $218 Mn in 2030. The Netherlands has a strong economy, and its GDP per capita is one of the highest in the European Union. According to the World Bank, the Netherlands' GDP per capita was $51,929 in 2020. Healthcare expenditure in the Netherlands is also significant. According to data from the Organisation for Economic Co-operation and Development (OECD), the Netherlands spent 11.1% of its GDP on healthcare in 2020. This is slightly above the OECD average of 9.9%.

Physiotherapy is seen as an important tool for preventing and managing musculoskeletal conditions. It is often utilized to treat musculoskeletal conditions such as low back pain, neck pain, and osteoarthritis, as well as to improve mobility and function after an injury or surgery. In the Netherlands, physiotherapy is typically provided by physiotherapists who are licensed and regulated by the Dutch Healthcare Authority (DHA). Physiotherapists can work in a variety of settings, including hospitals, clinics, and private practices. According to data from the Netherlands Institute for Health Services Research (NIVEL), around 2.5 Mn physiotherapy sessions were performed in 2018, with most of the treatments being provided in a primary care setting. Demand for physiotherapy is rising due to the increasing prevalence of chronic conditions, such as diabetes, cardiovascular diseases, arthritis, osteoporosis, and obesity.

Netherlands Physiotherapy Market Analysis

Market Dynamics

Market Growth Drivers

The aging population in the Netherlands is leading to an increase in the number of people with chronic musculoskeletal conditions, such as osteoarthritis and low back pain, which is driving demand for physiotherapy services. Moreover, The Dutch healthcare system places a strong emphasis on preventative care, which includes physiotherapy as an important tool for preventing and managing musculoskeletal conditions.

Furthermore, the government of the Netherlands supports the use of physiotherapy as a form of healthcare, providing coverage for basic physiotherapy services through the national health insurance program. There is a high level of competition among physiotherapy providers in the Netherlands, which helps to keep prices competitive and ensures that patients have access to a wide range of services.

Market Restraints

Although the Netherlands has a relatively high level of physiotherapy utilization, some specific treatments may not be fully covered by the national health insurance program, meaning that patients may have to pay out of pocket. Moreover, some patients may not be aware of the benefits of physiotherapy and may not seek out treatment. Furthermore, Private practices may have limited reimbursement for physiotherapy services, which can make it difficult for patients to access these services. Also, reimbursement and pricing policies are subject to change, all these factors hamper the physiotherapy market growth in the Netherlands.

Competitive Landscape

Key Players

Medtronic
Philips Healthcare
DJO Global
Aeyde Medical
BTL Industries
Kinetec
Thera-Band
Mettler Electronics
Chattanooga Group
EMS Physio Ltd.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario of the Netherlands Physiotherapy Market

In the Netherlands, medical devices, including physiotherapy devices, are regulated by the Dutch Healthcare Authority (DHA). The DHA is responsible for ensuring that medical devices meet safety and performance requirements before they can be made available on the market.

All medical devices, including physiotherapy devices, are required to have a CE mark, which indicates that the device meets the requirements of the Medical Devices Directive (MDD) or the Active Implantable Medical Devices Directive (AIMDD), in order to be legally distributed and sold in the Netherlands. Medical device manufacturers and importers are also required to comply with the Medical Devices Regulation (MDR) which sets out the safety and performance requirements for medical devices.

In the Netherlands, physiotherapy services are covered by the national health insurance program, which is known as "Basic Health Insurance" (BHI). The citizens are able to receive physiotherapy services without paying out of pocket, as long as they have a valid policy and the physiotherapy is deemed medically necessary by the attending physician. The reimbursement for physiotherapy services is based on a fee-for-service system, where healthcare providers are reimbursed for each treatment provided. The reimbursement rate is determined by the Dutch Healthcare Authority (DHA), which sets the prices for all healthcare services provided under the BHI.

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: equipment and accessories. The equipment segment accounted for the largest share of the physiotherapy equipment market in 2021. 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). Due to the increasing use of electrotherapy equipment in the treatment of musculoskeletal disorders and 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
Continuous 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

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.