Soft Robotics Market 2022 Status and Business Outlook - Righthand Robotics Inc, Ekso Bionics Holdings Inc, Rewalk Robotics Ltd

The Soft Robotics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Soft Robotics Market was valued at USD 1049.05 million in 2020 and is expected to reach USD 6330.11 million by 2026, at a CAGR of 40.5% over the forecast period (2021 - 2026).

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Top Leading Companies of Soft Robotics Market are Soft Robotics Inc, Righthand Robotics Inc, Ekso Bionics Holdings Inc, Rewalk Robotics Ltd, Yaskawa Electric Corporation, Bioservo Technologies AB, Festo AG, Roam Robotics, ABB Ltd., Pneubotics Inc and others.

Industry News and Updates

March 2020 -- Soft Robotics Inc. announced the launch SuperPick Polybag Picking System, specifically designed to handle product returns. It will enable e-commerce operations to automate the handling, scanning, and loading of outbound orders and returns of polybagged items.

- March 2020 - Righthand Robotics Inc announced its global expansion in Europe with the establishment of a sales and business development office in Frankfurt, Germany. With multiple customers and partners based in Europe, RHR's German operation will strengthen the company's business and enable them to further expand their presence as the market grows and their customer base deepens in the region.

- February 2020 - Ekso Bionics Holdings Inc announced a collaboration with Kindred Healthcare, LLC ("Kindred") to pilot EksoNR, the most clinically used robotic exoskeleton, in their long-term acute care hospitals. EksoNR, the most clinically used robotic exoskeleton, is an intuitive exoskeleton computing device empowering patients recovering from a stroke or other conditions to learn to walk again with a more natural gait

Key Market Trends

Asia-Pacific to be the Fastest Growing

- Asia-Pacific is one of the fastest growing markets for soft robotics mainly due to the massive adoption of the technology with increasing domestic production in the market. The regional vendors are also playing a significant role in the innovation and development in the soft robotics field. For instance, in 2019, Samsung introduced its a bunch of new robots and a wearable exoskeleton. ?

- When it comes to the exoskeleton wearable development, two countries in Asia stand apart from the rest: Japan and China. Both countries view exoskeletons as key to preventing workplace injury and allowing aging workers to stay in the workforce longer. They are profoundly investing in the development of robotic exoskeletons for their ability to assist injured or disabled people and to keep aging populations in the workforce longer.?

- Additionally, In Japan, exoskeletons are beginning to be covered by insurance providers, a sign that more widespread medical use is likely to occur in the near future.

Regional Outlook of Soft Robotics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Soft Robotics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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