Press release
Exoskeleton Market 2026: Overall Growth, Major Industry Leaders & Future Insights | Lockheed Martin Corporation, Parker Hannifin, ReWalk Robotics
Growing age witnesses lowered physical labor capabilities and reduced muscle strength. Surging adoption of advanced medical devices to support and foster body movements will accelerate product penetration. Increased industrial capacities could lead to more worker injuries, which can create opportunities for the deployment of suitable exosuits.
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Top Key Players Are : Lockheed Martin Corporation, Parker Hannifin, ReWalk Robotics, REX Bionics, Ekso Bionics, and Cyberdyne. Few other ecosystem participants include ATOUN Inc., Hocoma, Revision Military, Wandercraft, and Honda Motor Co. Ltd.
In the first quarter of 2017, exoskeleton market witnessed one of the most potentially lucrative deals, with Parker Hannifin Corporation, a key manufacturer of motion & control technologies, introducing a therapy software suite for its Indego exoskeleton across Europe. The new suite has made Indego a unique exoskeleton for non-trajectory based gait training & treatment.
Furthermore, Lockheed Martin, a U.S. based aerospace, defense, and security firm, has also launched a computer-regulated exoskeleton device referred as FORTIS Knee Stress Release gear that helps soldiers counter stress on their legs & lower backs. It also improves their load carrying capacity and movement, preventing injuries and exhaustion. The advent of consecutive innovations will encourage other business players to follow suit, thereby contributing toward augmenting the overall exoskeleton market.
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Recently, scientists have unveiled a robotic exoskeleton that helps in restoring balance through accurate gait correction, thus avoid dangerous falls. The new device is also expected to help the elderly, amputees, and disabled people to maintain balance and steadiness. The WHO claims that potential falls resulting in fatal injuries are one of major causes of death. This is evident from the estimates – falls result in the death of over 640,000 people per year, with nearly 37.3 million severe falls requiring medical treatment.
Table Of Content:
Chapter 4 Exoskeleton Market, By Product
4.1 Exoskeleton share by product, 2018 & 2026
4.2 Stationary
4.2.1 Stationary exoskeleton estimates and forecast, 2014 – 2026, (Units) (USD Million)
4.2.2 Stationary exoskeleton estimates & forecast, by region, 2014-2026 (Units) (USD Million)
4.3 Mobile
4.3.1 Mobile exoskeleton estimates and forecast, 2014 – 2026, (Units) (USD Million)
4.3.2 Mobile exoskeleton estimates & forecast, by region, 2014-2026 (Units) (USD Million)
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/exoskeleton-market
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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