Exoskeleton Market to Exceed Medical/Healthcare Industry Evolution in Coming Years with Trends, Innovations and Opportunities
Due to technological advancements in robotic technologies and the growing geriatric population, developers are creating novel exoskeletons for different end-use applications. Exoskeletons are wearable devices that work in a tandem with the user. They are positioned on the user’s body which acts as an amplifier to boost, strengthen, and rebuild an individual’s performance. Moreover, the increasing necessity from the healthcare sector for robotic rehabilitation and large funds for the advancement of exoskeleton technology is expected to drive the growth of the market.
Download free sample report and gain crucial industry insights @https://www.meticulousresearch.com/download-sample-report/cp_id=5010
Powered Exoskeleton Segment is Projected to Register Exponential Growth during the Forecasted Period in the Exoskeleton Market
Based on Power type, the exoskeleton market is segmented into powered and passive. Among these, powered exoskeletons are expected to be the fastest growing segment in the market. Fuel cell and internal combustion engine used in powered exoskeleton can carry heavy objects, supports, and protects the individual’s body. It provides triggering body motion in patients suffering from neurological disorders, rehabilitation from stroke, and other physical disabilities. In addition, military agencies in collaboration with research institutes and manufacturers are developing simple and lightweight powered exoskeletons that restructure object mass and act as vibration and shock absorbers.
The Healthcare Segment is Expected to Witness the Highest CAGR during the Forecast Period
Based on End-Use, the exoskeleton market is segmented into industrial, military, healthcare, and others. Among these, the healthcare segment is expected to be the fastest growing technology in the market due to rapidly increasing awareness about the benefits of the exoskeleton and FDA approvals in the healthcare sector. In addition, increasing adoption of exoskeleton products by patients suffering from mobility disorders, spinal cord injuries, Parkinson’s disease, and gait disorders are also supporting the growth of exoskeleton market during the forecast period.
Asia-Pacific: The Fastest Growing Regional Market
Geographically, North America, comprising the U.S. and Canada, accounted for the largest share of the global market. However, Asia-Pacific is expected to witness the rapid growth during the forecast period. Increasing demand for self-assist exoskeletons, high occurrence of strokes, increasing investments in Research & Developments, and growing spinal cord injuries and other disorders are the significant factors that support the growth of the global exoskeleton market. In addition, increasing technological advancements in robotics, encouraging policies, and increasing healthcare infrastructure are projected to drive the growth of the exoskeleton market.
Browse in depth report: https://www.meticulousresearch.com/product/exoskeleton-market-5010/
Exoskeleton End-use Industries
Exoskeleton Body Type
Exoskeleton Mode of Power
Exoskeleton Segmentation by Geography
Rest of Europe
Rest of Asia-Pacific
Rest of World
The Middle East and Africa
Key Players of the Exoskeleton Market
Lockheed Martin Corporation
Parker Hannifin Corp
Honda Motor Co. Ltd
Wearable Robotics SRL
ReWalk Robotics Ltd
Mitsubishi Heavy Industries
DIH Technologies Corporation
Deloitte Touche Tohmatsu Ltd
Bionik Laboratories Corp
Gogoa Mobility Robots SL
Rex Bionics Ltd.
The key players operating in the global exoskeleton market are Lockheed Martin Corporation (US), Cyberdyne Inc. (Japan), Ottobock(GERMANY), Parker Hannifin Corp (US), Honda Motor Co. Ltd(JAPAN), Wearable Robotics SRL (Italy), ReWalk Robotics Ltd (Israel), Mitsubishi Heavy Industries(JAPAN) , DIH Technologies Corporation (China), Deloitte Touche Tohmatsu Ltd(US), Bionik Laboratories Corp (Canada), ActiveLink (Manila), Gogoa Mobility Robots SL (Spain), Ekso Bionics (US), Rex Bionics Ltd. (UK), Atoun Inc. (Japan), and Hyundai Motors (South Korea).
Direct Lines: +1-646-781-8004 (North America)
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
For Sales Enquires
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Exoskeleton Market to Exceed Medical/Healthcare Industry Evolution in Coming Years with Trends, Innovations and Opportunities here
News-ID: 1801571 • Views: 241
More Releases from Meticulous Research®
Radiotherapy Market Worth $10.15 billion by 2025 at a CAGR of 5.6% from 2019 to …
Meticulous Research® – leading global market research company published a research report titled “Radiotherapy Market by Product (Radiotherapy devices, Software, Service), By Procedure (EBRT, Brachytherapy, Systemic Radiotherapy), By Technology (IMRT, SRT, VMAT, HDRBT, LDRBT, PDRBT), By Application (Prostate, Breast) – Global Forecasts to 2025”. Download a Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5023 According to this latest publication from Meticulous Research®, the global radiotherapy market is expected to grow at a CAGR
The Future Of Telehealth | Telemedicine Market : What Covid19 impact does this h …
Meticulous Research® –leading global market research company published a research report titled “Telehealth market/Telemedicine Market by Component (Service, Software, Device), Mode of Delivery (On premise, Web, Cloud), Application (Radiology, Cardiology, Primary/Urgent Care, ICU, Mental Health), End User (Physician, Payor, Patient) — Global Forecast to 2023”. According to this latest publication from Meticulous Research®, the global telehealth market is expected to grow at a CAGR of 23.0% from 2018 to 2023 to
Smart Cities Market Analysis, Post Covid-19 Impact | Potential Business Impacts …
Meticulous Research® — a leading global market research company published a research report titled “Smart Cities Market by Application (Smart Utilities, Smart Transportation, Water Management, Waste Management, Smart Healthcare, Smart Lighting, Smart Education), Component (Hardware, Software, and Services), and Geography- Global Forecast to 2027”. According to this latest publication from Meticulous Research®, the Smart Cities Market is expected to grow at a CAGR of 22.9% from 2019 to reach $545.7 billion
Pre & Post COVID-19 Market Estimates- Ventilators Market Worth $7.72 billion by …
According to a new market research report “Ventilators Market by Product (Instruments, Accessories), Mobility (Intensive Care, Portable), Interface (Invasive, Non-invasive), Age Group (Adult, Pediatric), Mode (Volume, Pressure, Dual), End User (Hospital, ASCs, Home Care) — Global Forecast to 2027”, published by Meticulous Research, the ventilators market is expected to grow at a CAGR of 15.8% from 2020 to reach $7.72 billion by 2027. Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5093 Ventilatory intervention
More Releases for Exoskeleton
Global Powered Exoskeleton Market Insights, Forecast
Powered Exoskeleton market is a wearable high-tech robotic device used for limb movement with increased strength and endurance. The rapid development of science and technology especially in the field of healthcare has paved a way for mitigation of neural, physical disorder by Powered Exoskeleton. Moreover, the concept of externally powered skeleton systems is widely adopted for Astronomy and Defense sector. Increase in physically challenged population, the rise in demand for
Global Exoskeleton Market Growth 2019-2024
An Exoskeleton is a wearable robot that combines human intelligence and machine power. It is widely used for rehabilitation applications such as tendon therapy and physical exercise, and supports finger flexion and extension movements. In the last several years, global market of Exoskeleton developed rapidly, with an average growth rate of 42.91%. In 2017, global revenue of Exoskeleton is nearly 84.96 M USD; the actual sales are about 3395 units. The classification
Military Exoskeleton Market
Global Military Exoskeleton Market Research Report 2018 contains historic data that spans 2015 to 2017, and then continues to forecast to 2025. That makes this report so invaluable, resources, for the leaders as well as the new entrants in the Industry. An exoskeleton is the outer skeleton that protects the body from external attacks. Exoskeletons are prepared from hard materials that can bear the jerks and attacks and saves the human
Exoskeleton Market Trends and Industry Growth Analysis
The global exoskeleton market was valued at US$ 87.9 Mn in 2016 and is expected to increase to US$ 2,288.3 million by 2025, registering a CAGR of 44.16% over the forecast period. Increasing demand for exoskeleton in the military and healthcare sectors for rehabilitation as well as increasing investment in the development of exoskeleton technology is boosting growth of the exoskeleton market. Exoskeleton Market Key Driving Factor Increasing demand form military sector
Exoskeleton Global Survey Report 2017 with Analysis
"Global Exoskeleton Market Professional Survey Report 2017" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. . . Description- '
Global Wearable Exoskeleton Market Research Report 2017
This report studies Wearable Exoskeleton in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering AlterG Bionik Laboratories China North Industries Group Corporation Ekso Bionics Fanuc Focal Meditech Honda Motor KDM Lockheed Martin Myomo Robotdalen Noonee Lopes Gait Rehabilitation Device Reha Technology ReWalk Robotics Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=887033&ptitle=Global+Wearable+Exoskeleton+Market+Research+Report+2017&req=Sample Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market