We did have a plumber (!!) damage our pressure regulator by turning the whole-house shutoff valve (inches away from the regulator) too quickly; that was a bit annoying.
Water hammer is a huge issue with faucets, which can be closed quickly, and with electrically actuated valves such as in washing machines, which close very quickly.
There are no regulations afaik in Europe in domestic = no-industrial plumbing and sure we have quarter valves which you can quickly turn off. I never ever heard of a bursting pipe because of water hammmer.
Really would only be concerned if you are building fire safety systems. Now those sudden GPMs need some support.
If your question is can those gas piston water hammer arrestors protect fixtures-- sure, I mean that part is just physics. Whether it's worth it before a hosecock is a completely different matter -- also as per the OP you're far more likely to break a toilet valve just from handling than from water hammer.
But it has never happened.
Isn't it code nowadays to have water hammer arrestors that trap air and create a cushion?