Exoskeleton Market 2021 Research and Clinical Analysis - Cyberdyne, Hocoma, ReWalk Robotics

The Exoskeleton Market research report provides detailed observation of several aspects, including the rate of growth, regional scope and recent developments by the primary market players. The report offers Porter’s Five Forces, PESTEL, and market analysis to provide a 360-degree research study on the global Exoskeleton market. The research study discusses about important market strategies, future plans, market share growth, and product portfolios of leading companies. The final report copy provides the impact analysis of novel COVID-19 pandemic on the Exoskeleton market as well as fluctuations during the forecast period.

The global Exoskeleton Market size was USD 360 million and it is expected to reach USD 4.92 billion by the end of 2027, along with a CAGR of 45.3% during 2021-2027.

Top Companies in the global Exoskeleton market are
Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, US Bionics, and Others.

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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.
United States is the largest Exoskeleton market with about 81% market share. Asia-Pacific is follower, accounting for about 28% market share.
The key players are Cyberdyne, Hocoma, ReWalk Robotics, Ekso Bionics, LockHeed Martin, Parker Hannifin, Interactive Motion Technologies, Panasonic, Myomo, B-TEMIA Inc., Alter G, US Bionics etc. Top 3 companies occupied about 76% market share.

Market Developments/News
-In April 2021, Ottobock launched the Paexo Shoulder Jacket, Paexo Cool Sleeve, and Paexo Thumb Slim at the Hannover Messe Digital Edition 2021 event. These devices provide significant relief for the body during strenuous activities such as overhead work or lifting packages.
-In March 2021, CYBERDYNE received medical device approval from Thai Food and Medical Products Approval Authority (Thai FDA) for HAL Single Joint Type. The product is for patients with reduced mobility in the upper and lower limbs due to muscle weakness or paralysis.
-In March 2021, DIH entered into a strategic partnership agreement with Reha Technology. Under this agreement, DIH agreed to take over the distribution of Reha Technology’s robotics products and promote and distribute Reha Technology´s end-effector-based gait therapy devices in key markets such as Switzerland, Germany, and the US.

By types market is divided into
Lower
Upper
Full Body
Others

By applications market is divided into
Healthcare
Defense
Industrial
Others

Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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The Exoskeleton market report highlights are
- A comprehensive evaluation of all opportunities and risks in the market.
- Exoskeleton market current developments and significant occasions.
- A deep study of business techniques for the development of the market-driving players.
- Conclusive study about the improvement plot of the market for approaching years.
- Top to bottom approach of market-express drivers, targets, and major littler scale markets.

Important Features that are under Offering and Key Highlights of the Reports:
– Potential and niche segments/regions exhibiting promising growth.
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings

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