Powered Exoskeletons Market Will Witness Substantial Growth in the Upcoming years by 2023 | ReWalk Robotics Ltd., Rex Bionics Plc., Sarcos Corporation, S. Bionics, Inc. (suitX)

Global market research firm Report Ocean is delighted to announce its new report on the Powered Exoskeletons Market, forecast for 2023. This report covers all aspects of the market and provides data on current trends.

This report provides detailed information about the structure and business outlook of global and regional industries. In addition, the study includes important information on research and development, new product launches, product responses, and regional growth of the leading players in the market on a global and local level. The structured analysis includes a graphical and diagrammatic representation of the global Powered Exoskeletons Market with specific geographical regions.

During the period 2017-2023, global demand for powered exoskeletons is estimated to reach a cumulative market value of over $2.63 billion including sales, rent, lease, royalty payment and other sources. GMD predicts the overall shipment from direct sales for 2017-2023 to reach 28,820 units owing to an exceptional and accelerating growth.

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In-depth qualitative analyses include identification and investigation of market structure, growth drivers, restraints and challenges, emerging product trends & market opportunities, Porter’s Fiver Forces, partnership, and fundraising landscape. Moreover, risks associated with investing in the global powered exoskeletons market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

The global Powered Exoskeletons Market market research examines the factors responsible for its growth. The report identifies trends, influencing factors, and restraints that affect the market favorably or unfavorably. A section on the market also discusses various segments and applications that could impact the market in the future. It contains detailed information about the latest trends and previous milestones.

The Powered Exoskeletons Market report provides a comprehensive overview of the worldwide market by presenting future developments, business opportunities, upcoming events, and future plans. In addition, the report includes information on the top companies, their marketing strategies, company profiles, the most recent developments, distribution channels, product portfolios, and marketing strategies. Moreover, the report provides an in-depth analysis of different parameters, including direct and indirect competition, strength and weaknesses of major competitors, value, business distribution, income, and obstacles, in order for the customer to better evaluate their competitors.

Impact Analysis of COVID-19:

• Global Powered Exoskeletons Market, the experts, have examined the effects of COVID-19 and its aftermath.

• The WHO declared an emergency after discovering new strains of Covid-19 in different countries. A Coronavirus outbreak is already negatively impacting the global Powered Exoskeletons Market, and it will have a heavy impact in the future.

• Following the outbreak, the country encountered a number of changes, including travel bans, quarantines, flight cancellations, restrictions on indoor events, restaurant closures, business closures, a decrease in business confidence, fluctuating stock prices, and an increase in panic among residents.

• A comparative analysis of the global financial and economic crisis outlines both its advantages and its disadvantages.

• The market has managed to maintain a positive outlook despite the severe recession that hit it. An array of funding options are emerging as the global market tries to sustain itself with regional platforms.

Regional Insights:

The report analyzes the global Powered Exoskeletons Market geographically. Also included is an evaluation of the top vendors in the Powered Exoskeletons Market. On a regional and global basis, the report analyses the competitive landscape of the top players in the industry. The report discusses key developments in the Powered Exoskeletons Market, fundamental growth trends for each segment, and strategic planning for companies preparing for international competition.

Leading Competitors:

The leading prominent companies profiled in the global Powered Exoskeletons Market are:

Cyberdyne, Inc.
Daewoo Shipbuilding & Marine Engineering Co., Ltd
Ekso Bionics
Hocoma
Honda Motor Co., Ltd.
Lockheed Martin Corporation
Myomo
Panasonic Corporation (Activelink)
Parker Hannifin Corporation
RB3D
ReWalk Robotics Ltd.
Rex Bionics Plc.
Sarcos Corporation
S. Bionics, Inc. (suitX)

Scope of the Report:

The global Powered Exoskeletons Market segmentation focuses on:

Based on application:

Healthcare Sector (further segmented into Rehabilitation and Mobility Aid by application)
Military Sector
Industrial Sector (further segmented into Manufacture, Construction, Logistics, and Other Applications)
Civilian Sector

On basis of body:

Upper Body Exoskeletons
Lower Body Exoskeletons
Full Body Exoskeletons

On basis of motor:

Electric Actuator
Pneumatic Actuator
Hydraulic Actuator
Fuel Cell
Others

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This release was published on openPR.