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Smart Exoskeleton Market is registering a CAGR of 41.3% from 2018 to 2025 | Ekso Bionics, Honda Motor, ReWalk Robotics, Rex Bionics, Sarcos, Technaid, U.S. Bionics

06-20-2019 01:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsWeb

Smart Exoskeleton Market

Smart Exoskeleton Market

Smart Exoskeleton is a wearable device that consists of sensors and actuators to monitor and control the movements of individuals suffering from gait abnormalities and similar physical disorders. In the past, the design of these exoskeletons was sturdy and rigid, which enabled the wearer to prevent falls and severe injuries. Increasing demand for worker’s safety in industrial applications is projected to fuel the growth of the smart exoskeleton market. Also, the rising adoption of exoskeletons by elderly and differently abled population is fuelling market growth. However, high costs of smart exoskeletons along with stringent government regulations are hampering the market growth.

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 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.

Top Manufacturer Detail-

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

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The study is a source of reliable data on:

-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 2025 segmentation by technology, applications, and five major geographical regions. This Report covers the Major Players’ data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 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.

Table of Contents

1 Market Definition
1.1 Market Segment Overview
1.2 by Type
1.3 by End-Use / Application

2 Global Market by Vendors
2.1 Market Share
2.2 Vendor Profile
2.3 Dynamic of Vendors

3 Global Market by Type
3.1 Market Share
3.2 Introduction of End-Use by Different Products

4 Global Market by End-Use / Application
4.1 Market Share
4.2 Overview of Consumption Characteristics
4.2.1 Preference Driven
4.2.2 Substitutability
4.2.3 Influence by Strategy
4.2.4 Professional Needs

5 Global Market by Regions
5.1 Market Share
5.2 Regional Market Growth
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 South America
5.2.5 Middle East & Africa

8 Asia-Pacific Market
8.1 by Type
8.2 by End-Use / Application
8.3 by Regions

9 South America Market
9.1 by Type
9.2 by End-Use / Application
9.3 by Regions

10 Middle East & Africa Market
10.1 by Type
10.2 by End-Use / Application
10.3 by Regions

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