Press release
North America Exoskeleton Market 2018-2025 Ongoing Trend | Growing at Remarkable CAGR of ~41.4% with Raytheon Company, Esco Bionics, EXHAUSS, SUIT X, Hocoma, Rex Bionics Ltd
Industry Highlights:North America exoskeleton market is expected to reach USD 3,008.15 Million by 2025, from USD 189.13 Million in 2017 growing at a CAGR of 41.4% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors driving the growth of this market are geriatric population, advent of robotic technologies and increased investment towards exoskeleton technology. On the other hand High equipment cost may hinder the growth of the market are the factors which will boost the North America exoskeleton market.
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Top Market Player’s
The key market players for North America exoskeleton market are listed below:
• Raytheon Company
• Esco Bionics
• EXHAUSS
• SUIT X
• Hocoma
• Rex Bionics Ltd
• ReWalk Robotics
• RB3D, Raytheon Company
• PARKER HANNIFIN CORP
• Ottobock
• Fourier Intelligence Co., Ltd
• DIH Technologies Corporation
• B-Temia
• Focal Meditech BV
• Cyberdyne, Inc.
• Bionik Laboratories corp.
• Lockheed Martin Corporation
• GOGOA
• Honda Motor Co., Ltd.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Market Segments
The market is further segmented into:
• Component
• Mobility
• Type
• Body Parts
• End-User
The North America exoskeleton market is segmented based on component into two notable segments; hardware and software. Hardware is sub segmented into actuator, sensor, control system/controller, power source and others. Actuator is further sub segmented into electrical, pneumatic, hydraulic, piezoelectric and others. Sensors are further sub segmented into force sensor, accelerometer, gyroscope, tilt sensor, position sensor, microphone and others. In 2017, hardware market is likely to dominate market with 75.4% shares and is estimated to reach USD 2,259.38 million by 2025. It is growing at a CAGR of 41.3% in the forecast period.
The North America exoskeleton market is segmented based on mobility into two notable segments; mobile and stationary. In 2017, mobile market will dominate with 74.7% shares and will consume around USD 2,280.08 million by 2025. It is growing at the highest CAGR of 41.6% in the assessment period.
The North America exoskeleton market is segmented based on type into two notable segments; powered and passive. In 2017, the powered market is estimated to dominate market with 74.7% shares and will collect around USD 2,223.34 million by 2025, rising with a CAGR of 41.2%.
The North America exoskeleton market is segmented based on body parts into three notable segments; lower extremities, upper extremities and full body. In 2017, the lower extremities market is estimated to dominate market with 56.1% shares and will collect around USD 1,701.10 million by 2025, rising with the CAGR of 41.4%.
The North America exoskeleton market is segmented based on end user into three notable segments; healthcare, industrial, defense or military. Healthcare is sub segmented into rehabilitation and elderly care. In 2017, healthcare market is expected to dominate market with 48.5% shares and is estimated to reach USD 1,457.51 million by 2025, growing at a CAGR of 41.3%. Based on geography, the market is segmented into:
• U.S.
• Canada
• Mexico
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About Us
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact
ProgMark Pvt Ltd,
Thane - 421501
India. Contact- +1 973 241 5193
Email- sales@marketprognosis.com
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