Press release
Exoskeleton Market Expanding at a CAGR of 46.2% Over the Forecast Duration of 2022-2030
Exoskeleton Market
Exoskeleton systems are becoming increasingly popular in a variety of industries as a way to improve employee health and productivity. As a result of the increased demand, various firms have emerged that specialise in exoskeleton technology and rehabilitation solutions. Furthermore, the ever-changing exoskeleton sector is forcing market players to produce novel product development tactics in order to increase acceptance rates in the next years. SuitX, for example, introduced shieldX in June 2021, which is used by health workers who wear bulky anti-radiation aprons and are prone to neck and back difficulties. In May 2021, Roam Robotics announced the release of Ascend, a robotic partial knee orthosis that helps users minimise knee pain and regain mobility.
A smart exoskeleton is a powered wearable suit that is intended to increase user safety while also boosting overall human efficiency in doing jobs. Smart algorithms are used in this exoskeleton, which automatically react to human body motions and aid in reaching ideal performance. Furthermore, smart exoskeletons utilise less energy than regular exoskeletons due to their capacity to automatically adapt to body motions.
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The different products offered by Exoskeleton are storage systems, scanners, communication systems, and software. Among these, the largest Exoskeleton market share is predicted to be held by the software category in the near future due to the availability of reliable and user-friendly software which enables the highest level of accuracy within the digital devices. In addition, the surging patient pool will result in rising requirement for this software, further driving the growth of the market.
An exoskeleton system is a wearable man-machine apparatus that provides mechanical strength to the user by combining human intelligence with machine power. It is made up of a powered wearable suit that is intended to improve user safety and overall efficiency when performing specified tasks. It is equipped with different sensors and electrical connections to operate the components and uses clever algorithms that alter and adapt to human body motions. Exo-suits let users move large objects and relieve tension on their back muscles and spine. They also make it easier for the elderly to walk and avoid damage from falls. These systems are currently used in a variety of industries, including healthcare, military, and industry.
Global Exoskeleton Market: Segmentations
Key Players
Hocoma
ExoAtlet Lockheed Martin Corporation
Suit X
Rex Bionics Plc.
RB3D
ReWalk Robotics Ltd
Cyberdyne, Inc.
ActiveLink (Panasonic Corporation)
Parker Hannifin (US),
B-TEMIA Inc
Bioventus
Wearable Robotics SRL
Gogoa Mobility Robots SL
Meditouch
P&S Mechanics
Marsi Bionics
Rehab Robotics
Myomo
Focal Meditech
Honda Motors
Wandercraft
BAMA Teknoloji
Medexo Robotics
Fourier Intelligence
TWIICE
Exoskeleton Market based on component
• Hardware
o Sensors (gyroscopes, microphones, accelerometers, tilt sensors, force/torque sensors, position sensors, and others
o Actuators (electrical, pneumatic, hydraulic, and piezoelectric)
o Power Sources
o Control Systems
o Other hardware components
• Software
Exoskeleton Market based on Mobility
• Mobile
• Stationary
Exoskeleton Market based on Type
• Powered
• Non Powered
Exoskeleton Market based on Application
• Healthcare
• Defense
• Industrial
• Others
Exoskeleton Market based on Body Part
• Lower Extremities
• Upper Extremities
• Full Body
Exoskeleton Market based on Treatment Type
• Rehabilitation
• Augmentation
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Table Of Contents
1. Global Exoskeleton Market Introduction and Market Overview
2. Global Exoskeleton Market - Executive Summary
3. Exoskeleton Market Trends, Outlook, and Factors Analysis
4. Global Exoskeleton Market: Estimates & Historic Trend Analysis (2018 to 2021)
5. Global Exoskeleton Market Estimates & Forecast Trend Analysis, by Component
6. Global Exoskeleton Market Estimates & Forecast Trend Analysis, by Type
7. Global Exoskeleton Market Estimates & Forecast Trend Analysis, by Mobility
8. Global Exoskeleton Market Estimates & Forecast Trend Analysis, by Body part
9. Global Exoskeleton Market Estimates & Forecast Trend Analysis, by Treatment type
10. Global Exoskeleton Market Estimates & Forecast Trend Analysis, by Application
11. Global Exoskeleton Market Analysis and Forecast, by Region
12. North America Exoskeleton Market: Estimates & Forecast Trend Analysis
13. Europe Exoskeleton Market: Estimates & Forecast Trend Analysis
14. Asia Pacific Exoskeleton Market: Estimates & Forecast Trend Analysis
15. Middle East & Africa Exoskeleton Market: Estimates & Forecast Trend Analysis
16. Latin America Exoskeleton Market: Estimates & Forecast Trend Analysis
17. Competitive Landscape
18. Company Profiles
19. Assumptions and Research Methodology
20. Conclusions and Recommendations
Exoskeleton Market: Covid 19 Impact
The COVID-19 epidemic and its aftermath have had a significant influence on the global economy, resulting in large rises in unemployment, supply chain disruptions, and overall economic uncertainty. As a result, a pandemic is anticipated to have a minor negative impact on the market, with the geriatric demographic being the most severely affected. All of the rehabilitation centres are either closed or only partially open, so even in an emergency, individuals are unable to access them. Training and delivery are likewise restricted until all conditions are met.
Key Benefits for Smart Exoskeleton Market:
-This study comprises an analytical depiction of the global smart exoskeleton market opportunity along with the current trends and future estimations to depict the imminent investment pockets.
-The overall smart exoskeleton market forecast is determined to understand the profitable trends to gain a stronger foothold.
-The report presents information related to key drivers, restraints, and opportunities with a detailed smart exoskeleton market analysis.
-The smart exoskeleton industry is quantitatively analyzed from 2017 to 2025 to benchmark the financial competency.
-Porters five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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FAQs
1)What is the Exoskeleton market growth?
2) Which product segment accounts for the highest market share in the Exoskeleton market?
3) Does the Exoskeleton market company is profiled in the report?
4) Which are the top companies hold the market share in Exoskeleton market?
5) How can I get sample reports/company profiles for the Exoskeleton market?
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