Press release
Smart Exoskeleton Market Rising at 41.3% CAGR to 2025: Analysis of Key Players ATOUN INC., BIONIK, CYBERDYNE, INC., EKSO BIONICS, HONDA MOTOR CO., LTD., REWALK ROBOTICS, REX BIONICS LTD., SARCOS CORP., TECHNAID. S.L
Smart Exoskeleton
A smart exoskeleton is a powered system comprising sensors and actuators that use feedback from the wearer to provide enhanced assistance to specific body parts or the entire body while lowering energy expenditure.
Smart exoskeletons are constructed using rigid materials (metals or carbon fiber) and flexible materials. Moreover, these systems makes use of algorithm to device assistance strategy for the wearer.
They are extensively deployed for clinical purposes to provide effective exercise and therapy for patients. They find their major application in industries where workers are required to perform physically demanding tasks. In addition, these systems are being developed to aid in military body parts by improving physical capabilities of soldiers
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Upsurge in demand for use in clinical purposes and in industrial body parts is the key factor expected to drive the growth of the global smart exoskeleton market during the forecast period. However, concerns related to affordability restrains the market growth.
The smart exoskeleton market is analyzed and estimated according to the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2018‐2025.
The global smart exoskeleton market is segmented based on component, type, body part, region. On the basis of component, the market is fragmented into sensors, actuators, power source, control system, and others. By type, it is classified into upper body, lower body, and full body. Depending on body part, it is classified as industries, healthcare, military and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in this report are ATOUN Inc., BIONIK, CYBERDYNE, INC., Ekso Bionics, Honda Motor Co., Ltd., ReWalk Robotics, Rex Bionics Ltd., Sarcos Corp., Technaid. S.L., and U.S. Bionics, Inc.
The report includes the study of the smart exoskeleton market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
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KEY BENEFITS FOR STAKEHOLDERS
This study comprises an analytical depiction of the global smart exoskeleton market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a strong foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
Smart Exoskeleton Market Key Segments:
By Component: Sensors, Actuators, Power Source, Control System and Others
By Type: Soft Exoskeleton and Rigid Exoskeleton
By Body Part: Upper Body, Lower Body, Full Body, By Application, Industrial, Healthcare, Military and Others
By Country:
North America: U.S., Canada, Mexico
Europe: UK, Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
LAMEA: Chile, Israel, South Africa, Rest of LAMEA
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Table of content:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SMART EXOSKELETON MARKET, BY FILTER TYPE
CHAPTER 5: SMART EXOSKELETON MARKET, BY APPLICATION
CHAPTER 6: SMART EXOSKELETON MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: SMART EXOSKELETON MARKET, BY REGION
CHAPTER 8: COMPANY PROFILES
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