Soft Robotics Market Shares SWOT Analysis, Key Development Strategies and Forecasts Till 2027

The Soft Robotics Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Soft Robotics market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Soft Robotics market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Soft Robotics market.

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). 

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082592154/soft-robotics-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

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 patient recovering from a stroke or other conditions to learn to walk again with a more natural gait.

Key Market Trends:

Medical and Surgical Applications to Register Highest Growth

- Soft robots inherently have the advantage of being compliant with the natural tissues of human and living organisms. Minimally invasive surgery (MIS) is one of the research areas with the big potential of adopting soft robotics. This is because it overcomes the limitation of traditional MIS methods such as a low degree of freedom.
- The limitations involved in open surgeries and laparoscopic procedures coupled with increasing advantages of robotic surgery systems are expected to boost the adoption rates of robot-assisted surgeries worldwide. For instance, the advantages such as smaller incision size, fewer complications, minimization of infection rates, and shorter recovery times are driving surgeons to adopt these robotic systems to perform various surgeries.

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.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Soft Robotics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Soft Robotics Market (%),2016 - 2026
- Soft Robotics Market Share, By Brand
- Soft Robotics Market Share, By Company
- Soft Robotics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Soft Robotics Market Value Analysis & Forecast
- Promising Soft Robotics Development by Major Companies
- Detailed Soft Robotics Portfolio of the Major Companies
- Major Deals in the Soft Robotics Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082592154/soft-robotics-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.