Medical Exoskeletons Market Technology Advancements and Future Scope 2022 to 2027|Cyberdyne, Ekso Bionics, Rewalk Robotics

The Global “Medical Exoskeletons Market” Research report provide detailed information with reference to market size, share, trends, growth, cost revenue, capacity, and forecast till 2027. This report also contains the general and in-depth study of the Medical Exoskeletons market with all its features influencing the growth of the market. This report is a full-scale quantitative survey of the market and delivers information for developing strategies to enlarge the market growth and effectiveness.

The Global Medical Exoskeletons market is expected to register a CAGR of 45.6 % from 2022 to 2027.

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Top Leading Companies of Global Medical Exoskeletons Market: - Cyberdyne, Ekso Bionics, Rewalk Robotics, Laboratories, Rex Bionics, Parker Hannifin, B-Temia, Bioness, Hocoma, Wearable Robotics, Gogoa Mobility Robots, Exoatlet

Recent Developments

In 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 2020, Ekso Bionics received 501(k) clearance from the US Food and Drug Administration (FDA) to market its EksoNR robotic exoskeleton for patients with acquired brain injury (ABI). EksoNR is the first exoskeleton device to receive FDA clearance for rehabilitation use with ABI, significantly expanding the device’s indication to a broader group of patients.
In 2019, ReWalk Robotics’ ReStore soft exo-suit system received clearance from the US Food and Drug Administration (FDA) for sale to rehabilitation centers across the United States
In 2018, Parker Hannifin announced the release of its next generation Indego Therapy device for use in rehabilitation centers which is rapidly adjustable and can be custom-sized and perfectly fitted to patients

Market Overview:

Manufacturers’ skills and expertise pertaining to technical designing can matter during the testing of the product. The malfunctioning of a medical device can lead to life-threatening consequences, and hence, exoskeletons developed for healthcare applications need to be thoroughly examined. Currently, there are a few standards that are directly applicable to the exoskeleton industry. The FDA recognizes ISO standards that are applicable to relevant industries, and only products that receive regulatory approvals can be sold in the market. There have been many advancements in powered lower-limb exoskeletons, but users are experiencing a hard time navigating sloping or slippery surfaces. 

On The Basis of Types: –

Powered Exoskeletons

Passive Exoskeletons

On The Basis of Application: –

Upper Extremity Medical Exoskeletons

Lower Extremity Medical Exoskeletons

The Regions are further sub-divided into:

North America accounted for the largest share of the global medical exoskeleton market

Based on the region, the medical exoskeleton market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2020, North America is expected to dominate the market with a share of 44.4%. The growing geriatric population, increasing demand for self-assist exoskeletons, high prevalence of stroke, and growing number of spinal cord injuries (SCI) are the key factors driving the growth of the medical exoskeleton market in this region.

North America: US, Mexico, Canada
Europe: Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg
Asia-Pacific: China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore
South America: Brazil, Argentina, Peru, Chile
Middle East and Africa: Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa

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– Favorable impression inside vital technical and market latest trends striking the Medical Exoskeletons market.

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Highlights of Medical Exoskeletons Market report:

Detailed analysis of the Medical Exoskeletons Market
Changing industry market dynamics
In-depth market segmentation by type, application, and other features
Market size, both in terms of size and value, in the Historical, Present, and Future.
Current trends and advancements in the industry
Medical Exoskeletons Market Competitive Landscape
Important players and product offerings
High-potential and professional sectors/regions that are expected to flourish.

The study includes historic data from 2016 to 2022 and predictions until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily available documents with clearly presented tables and graphs.

Finally, the Medical Exoskeletons Market report is the authentic source for gaining the market research that will exponentially accelerate your business. The report gives the major location, economic conditions with the item value, benefit, limit, group, supply, request and market growth rate and figure and so on. Medical Exoskeletons industry report moreover Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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