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Exoskeleton Market 2021-2031 | Global Industry Share, Segments, Demands, Key Players Analysis and Forecast Reports | GOBIO, GOGOA Mobility Robots, Honda Motor Co
Exoskeleton Market - insightSLICE
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The exoskeleton market is primarily driven by increasing investment in the development of advanced exoskeleton, rising number of spinal cord injuries, expanding geriatric population, and adoption across multiple industry verticals. An exoskeleton assists the user by amplifying or augmenting human actions for improved performance and support. The adoption of exoskeleton in healthcare sector has witnessed significant growth in last few years owing to improved assistance offered by exoskeleton in rehabilitation of patients with spinal injuries and physiological injuries. The construction and industrial applications of exoskeleton are anticipated to witness significant growth in coming years due to adoption of exoskeleton for increasing efficiency and enhancing filed safety of workers. As a result of these factors, the global exoskeleton market is anticipated to exhibit prominent growth during the forecast period.
The report covers key developments in the Exoskeleton market based on organic and inorganic strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of prominent market players.
Some of the Top companies Influencing in this Market include: ATOUN Inc., B-Temia Inc, Cyberdyne Inc., Daiya Industry Co., Ltd., DIH Technologies, Ekso Bionics Holdings Inc., Exhauss, Focal Meditech BV, Fourier Intelligence Co.,Ltd., GOBIO, GOGOA Mobility Robots, Honda Motor Company, Ltd., Hyundai Motor Company, Lockheed Martin Corporation, Meditouch, Mitsubishi Heavy Industries, Ltd, Myomo Inc., OTTOBOCK, P&S Mechanics Co., Ltd., Parker-Hannifin Corporation, ReWalk Robotics, Rex Bionics Ltd, US Bionics, Inc. (suitX), and Wandercraft.
COVID-19 Impact-
Pandemic Affected the Market Growth
The product demand has experienced a drastic impact due to the coronavirus pandemic. Strict curfews and lockdowns imposed to curb the virus spread have disrupted the supply chain. The disruptions in supply chain networks and difficulty in raw material procurements have in turn affected the market growth. Additionally, labor shortages and indefinite shutdowns of manufacturing plants have negatively impacted the market growth. However, the efficacious vaccination processes are helping the market to stabilize and grow.
The Global Exoskeleton Market Is Segmented As Below:
Based On Component
Hardware
Software
Based On Type
Active
Passive Exoskeleton
Based On Mobility
Stationary Exoskeleton
Mobile Exoskeleton
Based On Drive Type
Pneumatic Actuator
Hydraulic Actuator
Electric Servo
Electric Actuator
Fully Mechanical
Shape Memory Alloy Actuator
Based On End User
Healthcare
Industrial
Military & Defense
Others
• Segmentation by Region with details about Country-specific developments
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- South America (Brazil, Rest of South America)
- Middle East and Africa (UAE, Saudi Arabia, South Africa Rest of Middle East)
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Objectives of the Report:
• To profile leading players and estimate their market shares.
• The expected growth of the Exoskeleton industry in % by the end of 2031 is given in the report.
• To elaborate the prevalent trends in the industry, future estimations and opportunities for growth in the industry.
• To study and analyzes relevant data which allows the market players to turn this valuable information into actionable business plan for future.
Key Questions Answered in the Report:
- Which products of the global Exoskeleton market have seen increasing demand in recent years and are poised for potential market growth in the years ahead?
- What would be the global Exoskeleton market value chain of the future be like?
- What are the quantitative and qualitative disclosures about the Exoskeleton market risk?
- What are the key business segments, geographic areas, raw material scenario, competitive environment, and risk factors associated with the Industrial Exoskeleton industry?
- What are the risks related to the Exoskeleton market development and competition?
- What are the regulatory activities, strategic initiatives, market trends, economic conditions, financial state of the global Exoskeleton market?
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About Us:
We are a team of research analysts and management consultants who share a common vision to help individuals and organizations achieve their short-term and long-term strategic goals by expanding high-quality research services. insightSLICE was established to support mature companies, start-ups and non-profit organizations in various industries, including packaging, automotive, healthcare, chemicals and materials, industrial automation, consumer products, electronics and semiconductors, IT and telecommunications, and energy. Our internally experienced team of analysts has extensive experience in the research industry.
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