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Exoskeleton Market Top Companies to Watch Out Along with Detail Cost Profit Structure Till 2026 | Latest Research By Coherent Market Insights
Exoskeleton
Exoskeleton Market Key Driving Factor
Increasing demand for exoskeleton form military sector, owing to its ability of carrying more armor with fast body movement is driving growth of the market. Furthermore, exoskeletons can reduce metabolic cost of the load and helps soldiers cover more ground and additional armor, independently, which is propelling demand for exoskeleton in the military sector, in turn driving market growth.
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Detailed Segmentation:
Global Exoskeleton Market, By Offering:
-Hardware
-Software
Global Exoskeleton Market, By Product Type:
-Powered
-Passive
Global Exoskeleton Market, By Mobility:
-Stationary
-Mobile
Global Exoskeleton Market, By Body Parts:
-Lower Extremities
-Upper Extremities
-Full Body
Global Exoskeleton Market, By Vertical:
-Healthcare
-Military
-Industrial
-Others
Company Profiles (Company Overview, Product Portfolio, Financial Performancem, Key Strategies, Recent Developments, Future Plans)
-Ekso Bionics
-ActiveLink (Panasonic Corporation)
-Cyberdyne, Inc.
-ReWalk Robotics Ltd.
-Rex Bionics Plc.
-Lockheed Martin Corporation
-Suit X (U.S. Bionics, Inc.)
-RB3D
-Hocoma
-DIH Technologies
-Focal Meditech
-Ottobock
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The exoskeleton market in North America is projected to reach US$ 999.3 million by 2025. The growth is attributed to increasing adoption of exoskeletons in various sectors such as healthcare, rehabilitation centers, military, and industrial processes in the U.S. For instance, in 2014, the Food and Drug Administration (FDA) approved a device called ReWalk, the first exoskeleton commercially available in the U.S., around 66 people purchased the ReWalk at US$ 77,000 in 2015. Moreover, growth of the market is attributed to increasing investments in R&D activities by several market players, including Ekso Bionics and ReWalk Robotics Ltd., in turn, influencing the rapid development of new products and product models in the region.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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