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I need market size of Physical Rehabilitation centers industry in Europe. (Money, number of centers,etc .).
Hello! Thanks for your question about Physical Rehabilitation center industry in Europe. The most helpful sources were the ER-WCPT Databases source for the number of practicing physicians, the Current Healthcare Expenditure source for the amount of EUR spent on healthcare, and the EU Healthcare Expenditure by Function source for the percentage of EUR spent on healthcare for curative and rehabilitative care. The short version is that the market value of curative and rehabilitative care in the European Union is 816.218 Billion EUR. Below you will find a deep dive of my findings.
METHODOLOGY
For collecting the data, I used publications by the World Confederation of Physical Therapy, Office for National Statistics UK and Eurostat. These publications provided data regarding the number of physiotherapists in the European Union and the healthcare expenditure on curative and rehabilitative care. The latest data is from 2014 which was released in the May of 2016.
I calculated the market value of curative and rehabilitative care by multiplying the total expenditure on healthcare in each country in the European Union with the percentage of expenditure spent on curative and rehabilitative care. Then I added them up to find the total market value of curative and rehabilitative care in the European Union. I have also specifically mentioned the data regarding UK and Germany.
Unfortunately, even after searching through academic databases, government reports/databases, and industry reports, I could not find the number of physical rehabilitation centers in Europe or even in the UK specifically, although I did find the number of them in Germany. I did, however, find the number of practicing physiotherapists.
CALCULATION
Number of practicing physiotherapist in the European Union:
TOTAL - 401,220
Market value of curative and rehabilitative care:
[Total healthcare expenditure in 2014 (Million EUR) times the percentage of expenditure on curative and rehabilitative care in Millions of EUR]
Total Market value of curative and rehabilitative care in the European Union (2014)
= 816,218.66 Million EUR
FINDINGS
EUROPEAN UNION:
Number of physiotherapist - 401,220
Total market value of curative and rehabilitative care (2014) - 816.218 Billion EUR
GERMANY -
Market value of curative and rehabilitative care (2014) -
171.476 Billion EUR
UK -
Market value of curative and rehabilitative care (2014) -
125.996 Billion EUR
CONCLUSION
To wrap it up, the market value of curative and rehabilitative care in the European Union is 816.218 Billion EUR. Thanks for using Wonder! Please let us know if we can help with anything else!